Company Formation in Dubai

Benefits of Company Formation in UAE 

Below are the benefits of Dubai Company formation:  

• Global location : Dubai offers access to key markets across the Middle East, Africa, and Asia, enhancing trade opportunities. 
• Tax-free environment: Most businesses in Dubai enjoy 0% corporate and personal income tax, maximising profitability. 
• World-class infrastructure: Dubai provides cutting-edge logistics, office spaces, and communication systems to support business growth. 
• Business-friendly regulations: Dubai simplifies business setup with clear procedures and supportive government policies. 
• Diverse economic sectors: In Dubai, businesses can thrive across trade, tourism, finance, and technology. 
• Access to skilled workforce: Dubai attracts top global talent, offering businesses a highly qualified and diverse labour pool. 
• 100% foreign ownership options: Many free zones and specific mainland activities allow full ownership without needing a local partner. 
• Strong legal protections: Dubai’s solid legal framework safeguards investments and intellectual property, ensuring a secure business environment. 

Types of Business Licenses in Dubai 

A Business license is a key requirement for company formation in Dubai. With expert guidance, obtaining one is straightforward. Below are the four main types of trade licenses you can get in Dubai: 

1. Professional License 

This license is for individuals with the necessary qualifications and skills, such as IT professionals, consultants, artists, and craftsmen. The business can be registered as a Civil Works Company with multiple owners.   

Eligible Fields: 

• IT Network Services 
• Marketing and Research Consultancies 
• Human Resource Consultancy 
• Commercial Brokerage 
• Tax Consultancy 

2. Industrial License 

Businesses involved in manufacturing and production need an industrial license. A physical presence in the UAE is required to obtain this license.   

Eligible Sectors: 

• Appliance and Machinery Manufacturing 
• Dairy Products Manufacturing 
• Garment Production 
• Carpet Production 
• Animal & Birds Feed Manufacturing 

3. Commercial License 

This license is for businesses trading goods within and outside the UAE. Depending on the type of products, you can choose from various commercial license categories.   

Examples of Trading Activities: 

• Automobile Trading 
• Safety Gear Trading 
• Oil and Gas Trading 
• Publishing and Media Materials Trading 
• Precious Metals and Gold Trading 

4. Tourism License 

With Dubai being a top tourist destination, a tourism license is essential for businesses offering travel and hospitality services.   

Activities Permitted: 

• Travel Agency Operations 
• Tour Packages (Inbound & Outbound) 
• Accommodation Services 
• Car Rental Services 
• Adventure Tour Packages 

You can establish a company in the UAE smoothly with the right license and expert assistance. 

Steps of Company Formation in Dubai

The United Arab Emirates is committed to an investor-friendly environment with streamlined procedures to accelerate economic growth.  

To achieve this, the UAE has established straightforward business setup steps that are consistent across all jurisdictions. Here’s a quick overview of the essential steps for company formation in the UAE. 

Step 1: Select Your Business Activity 

After deciding to start your business in the UAE, the first important step is determining your activities. Simply share key details, such as your business type and the services you plan to offer. Shuraa Business Setup will guide you in choosing the ideal combination of activities to maximise your business potential. 

Step 2: Choose Your Jurisdiction 

The next step is selecting the right jurisdiction for your company in the UAE based on your business activities. Whether you opt for the mainland, free zones or offshore incorporation, Shuraa Business Setup offers customised, cost-effective packages to meet your specific requirements. 

Step 3: Apply for Your License 

With the initial steps complete, the next phase is to gather your documents and apply for the required license. Shuraa Business Setup handles the entire process, from preparing and organising all necessary documentation to submitting your application to the relevant government authorities on your behalf. 

Step 4: Visa Processing 

Once your application is approved, the next step is to begin the visa process. This involves undergoing a medical test, after which you can obtain your Emirates ID, enabling you to open a bank account in the UAE. Shuraa assists with your visa and manages visas for your dependents, partners, and employees, ensuring a smooth and hassle-free experience. 

Step 5: Business Banking Setup 

A corporate bank account is crucial for your company’s smooth operation and financial transactions. Shuraa Business Setup partners with top banks across the UAE to help you establish your corporate account quickly and efficiently. Select the banking services that best match your business needs, and we’ll ensure your company’s financial foundation is solid and secure. 

Documents for company formation in Dubai 

The documents required for company formation in UAE are as follows: 

• Business plan 
• Passport copies 
• Passport-size photographs  
• Memorandum of Association (MoA)  
• Trade name registration letter  
• Additional documents as per your business activity and location   

Shuraa’s Company Formation Services 

Shuraa gives users the right view and access permissions for requests, problems, changes, contracts, assets, and solutions. 

• Business license in Dubai 
• PRO services 
• Bank account opening  
• Office spaces 
• Visa services  
• Company Registration 

How shuraa can help you to form your business? 

Starting a business can be challenging, but Shuraa makes it easy. We guide you through choosing the right business setup and handle all the paperwork and legal requirements. With our local expertise, we ensure your business meets all UAE regulations.  

We work quickly to get your business running and provide ongoing support to help it grow. Let Shuraa take care of the details so you can focus on what you do best. 

Ready to start your business? Contact Shuraa today and let us help you turn your vision into reality! Get in touch today at +44 7538 205604 or 02081065084.