Why should passions remain as side hustles? Why not turn it into a reality? Well if you
are already settled in the UAE or thinking of settling down in the UAE, there is no better
option than setting up a company in Dubai.

Company License in Dubai

If you already have a rough sketch of your business plan, then let us dive into the mini
process of how to get it legalised and all the other details into it. But before getting to
know the process, you should be familiarised with the benefits of getting a company
license in Dubai and also its different types and costs.

Getting a company license is an easy process if you have the right guidance at hand, it
may seem expensive, but once you get the license the benefits can surpass all the
expenses you had to make during the leaglising period.

Why to get one Company License in Dubai?

We need a firm foundation to build up anything you want, it is the same when it comes
to business also. Having a rough sketch and cost estimates are just tools, to put all
those tools into action you should have a strong foundation, And in Dubai that
foundation is getting a Company license. It is also known as a trade or business license.
Once all those tools are put together along with the foundation that is your company
license then you are all set to start a new business space of your own.

Yes, it is indeed the dream of all thriving entrepreneurs right!!

Possible advantages you will be getting?

  • Efficient Infrastructure

    Dubai provides one of the world class atmospheres to begin setting up any company with its highly efficient telecommunication and transportation sector. Along with a company license it also provides ready to work environments based on your company license.

  • Central Location

    Dubai’s geographical location allows it to access the international supply chains and the rising regional markets. It has almost all the seaports, airports and major corridors.

  • Tax Benefits

    One of the main advantages of doing business in the UAE is you get a tax free environment. Only a few commercial setups have tax of 9% and most the eligible businesses are free from those corporate taxes too.

Company license according to UAE Jurisdiction

There are mainly 3 different types of Jurisdiction in which you can get a company license depending on the business you are thinking of setting up in Dubai.

  • Mainland Company License

    To operate your company within the mainland of Dubai, you will have to get a company license coming under the mainland jurisdiction, The same thing can be done in all the emirates. With this type of license you can operate in any part of the UAE and also trade with the local markets, but several approvals will also be needed. Mainland company license is approved by DED (Department of Economic Development).

  • Free Zone Company License

    Getting a Freezone company license comes with benefits such as, 0% personal income tax, 100% foreign ownership, custom duty. But if your company acquires a freezone license, it should work under a confined space provided by each emirate. Not all business activities will be given Free zone license, there certain criterions.

  • Offshore Company License

    You can avail for an offshore company license, if you are thinking of doing trade only Internationally and not within the markets of UAE. These offshore licenses in UAE are issued from approved license authorities like JAFZA, RAKEZ, and AFZA. You can also enjoy benefits such as tax exemptions here but an offshore company license doesn’t not allow you to set up physical office space.

Locked the Jurisdiction? Now, how to apply for a company license?

  • Opt A Company name

    Choosing a name for your company can be an easy yet difficult task. Name should not only meet your standards but the standard of UAE and should not be similar to any other business entity.

  • Determine the legal structure

    You should have a defined legal structure for your company setup.like FZE (single shareholder), FZ LLC (multiple shareholders), or Branch Office. It should be decide on the basis of your liability and ownership structure.

  • Application and Approvals

    Fill an application form where you business activity, the jurisdiction, company type etc.. is filled and sent for the basic approval to the authorities. After you get an approval you can move to the next step.

  • Documentation

    Once the approval is done gather all the necessary documents, which particularly includes your passport, emirates id, approved papers. Documentation differs for different type of business activity and also upon the jurisdiction you choose.

  • A strategic location

    Once everything gets cleared up choose a jurisdiction, for a mailaind company license you have to get a tenancy contract. It should also be attested by Ejari and submitted along with the application documents.

  • Apply for the license

    After all the pre-approval and document verifications you can apply for a company license, by mentioning which type of license you need and the cost estimates you will be provided for you depending upon your business activity.

  • Issuance of license

    You will receive your license along with a virtual lease agreement (for flexi-desks) or physical office lease agreement after final approval.

See, it’s that simple to turn your passions into big business ventures!

Still doubt bubbles surrounding your air, we team Aurion are at your guidance. With proper guidance you can get everything done within no time. Save up your energy in starting your company let us deal with the licensing process.