abu dhabi-free zone

Company incorporation

Company Formation in Dubai Main Land

 

The Department of Economic Development, with the institutional support from the Dubai Chamber of Commerce & Industry, is the statutory body that regulates and controls the licensing procedures for business setup services in Dubai or Company Formation in Dubai. It was formed to organize and activate industry as well as internal and external trade in the Emirate and prepare studies relating to industrial and commercial activities. New business Setup or Company Formation in Dubai is now a hassle-free process than ever.

What are the different types of Licenses issued while setting up a business in Dubai?

  1. Trade License

Trade license is issued to a natural or juridical person for start-ups in Dubai to practice any trading activity for the purpose of profit making through buying and selling of goods. For new business set up these kind of licenses are issued for engaging wholesale or retail trade enterprises, contractors, hotels, transport and storing establishments etc., A Trading License can be a General Trading or Specific Trading. A specific trading license limits the scope of activities to trade in only closely related items. [For e.g. a company cannot trade in building materials, if its licensed activity is trading in computer peripherals.

  1. Industrial License

An industrial license is issued to a natural or juridical person to start-ups in Dubai who choose to practice any investment activity, the object of which is to discover natural resources or transform raw materials in terms of its structure or appearance into manufactured products or to transform the semi-manufactured products into fully manufactured products by using mechanical power and segregate the products, filling, assembling or packing them.

  1. Professional License

A professional license is issued to a natural or juridical person to form a new business set up in Dubai and practice any profession in which he depends on his physical or mental efforts rather than depending on a cash capital. This license is issued for start-ups in Dubai to practice certain professions such as engineering consultancy, other consultancy services and studies, auditing and accounting, business set up, company formation, medical and educational services and similar services.

Some of the business activities require approvals from the government bodies other than Dubai DED. A few examples of some of the activities that require approvals from the government bodies are as listed below:

What are benefits of starting a business in Dubai?

U.A.E. offers incoming businesses & start-ups in Dubai  with all the advantages of a highly developed economy. The infrastructure and services match the highest international standards, facilitating efficiency, quality and service. Among the benefits are:

  • Free enterprise system.
  • Highly developed transport infrastructure.
  • State-of-the-art telecommunications
  • Sophisticated financial and services sector.
  • Top international exhibition and conference venue.
  • High quality office and residential accommodation
  • Reliable power, utilities etc.
  • First class hotels, hospitals, schools, shops etc. Cosmopolitan lifestyle

How will Al Nuaimi Auditors provide business setup services in Dubai?

  1. Review all the essential requirements of your business activities to suggest the best license where you can open your Company in the UAE mainland.
  2. Support you in strategizing your business plan.
  3. Assistance in preparing the application form which has to be submitted to the DED.
  4. Getting your trade name approval, Initial Approval and security approval
  5. Attesting the legal documents from the concerned department of the authorities for corporate clients.
  6. Drafting the MOA of the company.
  7. Proper guidance while selecting the ware house/s or offices.
  8. Support and guidance for E – channel registration and obtaining the establishment card.
  9. Assistance for opening your company bank account/s and personal bank account.
  10. Visa assistance for employees as well as investors.
  11. Selection of suitable employees for your new formed company
  12. Proper guidance while appointing an auditor, as having an auditor is a compliance requirement for free zone companies.
  13. VAT Compliance and Advisory support for VAT RegistrationVAT ImplementationVAT Return Filing
  14. Provisions for Accounting & Book Keeping services
  15. Support for Company Liquidation
  16. To add or remove existing shareholder or Director
  17. To change the trade name of the company.
  18. To produce additional company documentation (Certificate of Incumbency, Certificate of Good Standing, etc.)
  19. To increase or decrease your company share capital

Setting up a business in Dubai is an excellent way to rightfully gain international profits. Al Nuaimi Auditors provide clients with licensing support to set up their businesses in Dubai, UAE by providing strategic recommendations and negotiations with local stakeholder along with documentation formalities.

For Mainland company formation in other Emirates please click below links.

  • Company formation in Abu Dhabi
  • Company formation in Sharjah

Ahmed Saleh Al Nuaimi Auditors and Accountants is a unique, high-spirited team of Certified Public Accountants ,  Chartered Accountants ,  Certified Management Accountants and Auditors making creative and innovative contributions to our clients and our community. The insights and quality services we provide help build trust and confidence among our clients. We offer an integrated array of specialized services including Audit, Accounting,Tax, Consulting and Advisory

Head Office

Office No.215, Abdulla Ahmad Mohammed Bin Fahad 4, Al Qusais 2, Dubai, UAE

Tel: +971 43 23 1183
Mob: +971 55 899 5971
E-mail: mail@alnuaimiauditors.com

Sun-Thu: 8:00 – 6:00
Sat: 8:00 – 6:00

Ras Al Khaimah

B01_G08, BU01
Al-Hamra Industrial Zone
Ras Al Khaimah, UAE

Mob: +971 55 899 5971
E-mail:mail@alnuaimiauditors.com
Web: www.alnuaimiauditors.com

 

Bahrain

Suave Besto Consultancy WLL 708B , Road No 1513 , Block 215 Muharraq , Bahrain.

T: +973 3944 2143 | +973 3396 2350
E-mail: mail@alnuaimiauditors.com
Web: www.alnuaimiauditors.com

 

India

No:55 and 55/1,
6th Phase, JP Nagar
Bangalore, Karnataka

Tel: +91 80 412 02633
Mob: +971 55 899 5971
E-mail: mail@alnuaimiauditors.com
Web: www.alnuaimiauditors.com