Business Setup Services in Dubai & UAE
Business Setup Services in Dubai, UAE
Dubai is like heaven for entrepreneurs and investors to start their businesses. Starting a company in either free zones or the mainland is the best thing to do, depending on your business requirements.
Dubai has a greater number of free zones than any other city in the UAE. One of the most crucial things to consider when setting up a new business in Dubai is the total cost. Dubai’s free zone businesses are entirely owned by the person who established them whereas some share is given to a local sponsor when the business is established on the mainland.
It takes accurate planning, in-depth market research, and analytics to set up a business in Dubai, UAE. When forming a business in Dubai, it’s critical to keep in mind that the mainland and various free zones have varied procedures, restrictions, and costs.
You can get assistance from well-reputed business setup consultants like YQS PRO DUBAI CONSULTANCY in drafting the various documents needed for business setup in Dubai, UAE. These consultants provide business setup services in Dubai. In general, company formation in Dubai when done with the assistance of a business setup expert makes the process of starting a new business very simple for you.
Read on to find out what services can you avail of and how they can benefit you in setting up a new business in Dubai, UAE.
Professional Business Setup Services in Dubai
Business setup services are required in order to establish a business in Dubai, UAE. Without these services, you cannot set up a business in the region. Following are some of the most important business setup services that you must acquire for business setup in UAE:
Trade License
A trade license is crucial to successfully starting a business in the UAE. In the UAE, any business can avail of trade licensing services along with other licensing options. Our consultants make sure that your business can conduct business in Dubai and the other Emirates. With the assistance of our professionals, obtaining a trade license in the UAE becomes simple.
Types of Dubai Trade License
There are four different types of trade licenses that can be obtained in Dubai, U.A.E. The Department of Economic Development (DED) will issue a license in one of these categories depending on the type of business activity you intends to do:
- Tourism License
- Commercial License
- Professional License
- Industrial License
Visa Services
UAE has done enough to demonstrate its perks to rank as the top travel destination worldwide. The differentiation between Dubai and the rest of the cities was created as a result of the profitable visa applications. A visa is a permission to enter a country or city given to a person in accordance with the conditions set forth by the country they are authorized to visit. Such authorized admission enables a person to join, stay, or depart for a specific duration and cause for the visit.
For both individual and business clients, We provide Visa Services in Dubai, U.A.E. We have a group of knowledgeable experts who can handle the whole visa application procedure. We meticulously provide comprehensive immigration solutions and assist you in obtaining your work and investor visas for Dubai. We guarantee that your firm will be well-endowed with straightforward visa services and minimal risks.
Trademark Registration
In today’s competitive business environment, trademarks are extremely important. A trademark serves as a brand’s or business’s identification. As a result, it’s critical to defend the trademark against anyone who offers fake services or goods under the legitimate trademark of a reputable company.
In Dubai, regulators give a high value to trademark protection. Authorities in the UAE can prevent the misuse of a brand’s services and products by registering trademarks. The authorities in the UAE allow the company to conduct business without ever being concerned about trademark infringement.
We are experts in all the legal formalities needed to launch a business in the United Arab Emirates. With our experience and in-depth knowledge of the legal system, we can ensure that you complete the trademark registration process appropriately and that you will get a favorable outcome.
Bank Account Opening
Due to the stringent rules and pressure to adhere to international legislation like the Anti-Money Laundering (AML) Act, opening a corporate bank account in the UAE is not an easy task. When providing bank account opening services to investors, banks place a premium on elements including the robustness of the business plan, office space, visa requirements, etc. Our experts give business owners professional advice and also assist in opening a bank account in the UAE.
Finding Local Sponsor
For non-UAE or GCC citizens (foreign investors) who seek to invest and run and form a company in any place in the UAE such as Dubai, Abu Dhabi, or Sharjah, a local sponsor or a local service agent is required. It is a person or corporate entity that complies with regulatory standards and UAE company legislation. Foreign investors must have a local citizen, a UAE national, as a sponsor in accordance with United Arab Emirates law when establishing a mainland business. Typically, the sponsor uses a power of attorney to transfer the complete authority to manage the company’s day-to-day operations and management of the business to the overseas investor in exchange for a fee.
One of the most frequent challenges expats have when deciding to launch a firm or business in Dubai is foreign ownership. Only 49% of all businesses in the city’s mainland that require commercial or industrial permits may be owned by foreigners. The remaining 51% of the share must be owned by a local sponsor in the UAE.
We can help you in finding a local sponsor for your business.
PRO Services
One of the key things of the top business setup service providers in Dubai, United Arab Emirates, is PRO service. The PRO services in Dubai assist investors in processing their visas at the immigration and labor offices. Businesses benefit from the PRO services such as:
- Registration of EJARI
- The renewal and application of visas of investors, and partners for LLC and free zone companies
- Document attestation at public Notary
- Processing of visas for family members
- Renewal of trade license
- Translation of documents into different languages
- Renewal of labor card and immigration
PRO services are a specialty of YQS PRO DUBAI CONSULTANCY. We provide the best PRO services in all of the UAE’s free zones and the mainland. Our consultants are experts in employment laws of the free zone Dubai, UAE.
Attestation Services
In the UAE, just like in other parts of the world, all legal and business transactions are subject to the release of particular papers by the government. For the completion of various procedures at various times, certain documents are necessary. To complete different legal procedures, you’ll need documents like a birth certificate, a trade license, a visa, a marriage certificate, an educational certificate, and other similar documents. In most cases, these documents can only be submitted in the form of photocopies. However, without certification from relevant authorities, these copies are not accepted.
For many years, We are offering various kinds of commerce and legal services to our clients in Dubai and other UAE emirates. Attestation of all types of papers from authorities is a crucial service that we offer to our clients. This job is very easy for us because of our expertise and standing in governmental organizations such as:
- Ministry of Labor
- Dubai Municipality
- Foreign Affairs
- Ministry of Justice
We offer the PRO services department to facilitate and expedite the attestation procedure. Its main responsibility is to offer attestation services from the Notary, the Foreign Affairs Ministry, the Chamber of Commerce, the Justice Ministry, etc.
Company Liquidation – License Cancellation
In Dubai, the process of “Company Liquidation” involves the closure of an LLC company (or branch of a company), a free zone company, a solo establishment, or an establishment, and the distribution of the company’s assets and property to the shareholders and creditors of the company. Although technically dissolution corresponds to the last stage of the liquidation process, the term “winding-up or dissolution of a business” is sometimes used to refer to liquidation.
A company’s liquidation can be traumatic and take up a lot of your effort and time. We will support you while you wind down your company. We are highly skilled and renowned business setup consultants in the UAE offering the best strategy and recommendations for company liquidation. When your license is canceled in Dubai, our team offers experienced advice that can assist you to reduce your potential financial damages and legal obligations. To ensure a seamless and trouble-free liquidation procedure, we work with the relevant authorities and manage all the processes required.
Business Licenses
You must obtain corporate Dubai licensing in order to establish and successfully operate a business in Dubai. The legal standing of a corporation is confirmed by the Dubai business license. Companies receive it in order to provide directives for their behavior and operations. Additionally, it certifies the corporate structure and establishes your company’s legal identity. As the top business setup firm in Dubai, YQS PRO DUBAI mission is to offer a wide variety of professional license services as well as high-quality, reasonably priced legal solutions for company setup in Dubai.
VAT Consultancy Service
One of the most prevalent types of indirect taxes used in most countries is the value-added tax (VAT). VAT was already put into place in Saudi Arabia and the United Arab Emirates as of the first of January 2018, and it is anticipated that other GCC states would follow it soon. The current rates of value-added tax are 5% (standard rated) and 0% (Zero-rated). The cost of the VAT is incurred when using all services and goods.
Because the criteria for worldwide VAT vary by country and because regulations are regularly amended, Our consultants are not only up to speed on these changes but also offer VAT consultancy services with useful support for your business in Dubai. So, you can avail of our VAT consultancy services for your business setup in Dubai, UAE.
Accounting Services
Accounting plays a vital role in the operations of businesses in the UAE, serving as an essential component of their functioning. This significance has been further magnified due to the recent implementation of new regulations and laws governing the UAE economy. The introduction of VAT at the start of 2018 has particularly elevated the importance of accounting services for businesses in Dubai.
Businesses operating in Dubai require accounting services for various reasons, encountering challenges related to bookkeeping and accounting tasks. Accurate filing of taxes, including VAT, without errors is a critical aspect. It is also essential to ensure alignment with the accounting standards of the Emirates and maintain impeccable financial statements and records.
Outsourcing accounting services in Dubai offers numerous benefits to businesses, facilitating streamlined growth and enhanced performance. By doing so, companies can focus on core risk areas while meeting requirements with increased flexibility. To fully enjoy these advantages, it is crucial to collaborate with a reputable service provider.
We provide reliable accounting services that empower businesses to reach their full potential. Our services prioritize accurate financial record maintenance, alleviating administrative burdens and unnecessary financial costs. With a dedicated team of experts, we are committed to assisting entrepreneurs in establishing efficient accounting functions in Dubai and across the UAE.
Translation Services
The presence of citizens from many nationalities makes Dubai a global metropolis. In addition, visitors from all over the world travel to Dubai each year, making it a bilingual city. The indigenous Emirati population speaks Arabic, but English and Hindi are also commonly used in Dubai. People from other countries also speak other languages like Spanish, Urdu, Russian, German, French, etc.
Every year, countless foreign tourists travel to Dubai, many of whom speak neither Arabic nor even English well. These travelers can benefit from assistance from translation services to make their time in Dubai enjoyable.
Our experts offer the best and most accurate translation services for the various languages used in Dubai. Since translation services from Arabic to English and from English to Arabic are the most in-demand in Dubai, these translations make up the majority of our work.
However, we offer accurate translation services for more than 100 languages, including Urdu, Hindi, French, German, Russian, Spanish, Pashto, Punjabi, Malayalam, Japanese, Chinese, Bengali, Turkish, and Persian. We are not just limited to translation in Arabic and English. All of these and other languages are translated by us into Arabic and English as well as the other way around.
Custom Code Registration
A company must register with Dubai customs and obtain a code of clearance in order to launch a trade firm and begin import and export operations in Dubai. The businesses must first get a legal trade or commercial license granted by the Department of Economic Development in Dubai in order to register with Dubai Customs and acquire a code for the clearing of products. Businesses will have the option of enrolling for several services provided they hold a current license of commerce to conduct business in Dubai.
For custom code registration, We offer the following services:
- Item and company registration in Dubai Municipality
- Generate new custom client code (completing the complete procedure of document submission and application)
- Company registration in Dubai Chamber of Commerce
- Renewal of annual custom code
Product Registration
Dubai offers some of the best chances for businesspeople from all over the world to import, produce, distribute, and re-export a variety of goods, including hand sanitizers, cosmetics, food, and more. Dubai serves as a crossroads for international trade between several markets. The Dubai government has created a comprehensive process for product registration specifically for this purpose. This procedure makes sure that only top-notch goods are made and imported into Dubai.
YQS PRO DUBAI CONSULTANCY is one of the best consulting companies in Dubai for product registration. Since we have years of experience in Dubai Regulatory Affairs and hundreds of satisfied clients to back up this claim, our team will be happy to assist you with expertise.
Business Setup in Dubai – Best Economic Zones
There are multiple economic zones where investors, businessmen, and entrepreneurs are allowed to set up a business in Dubai and UAE. It will be easier to form a company in Dubai if you select a suitable business consultancy that has years of experience in providing business setup services in the UAE.
You can set up a new business in Dubai in the following jurisdictions:
Free Zone
Top-notch infrastructure is found in free zones, which makes it a great place to launch a company. Foreigners who are willing to set up businesses in a variety of industries should choose a free zone business setup. The main advantage of a free zone is that it enables you to keep full control of your company and fully repatriate all profits. Despite having no restrictions on currencies, the free zone has its own set of regulations that it follows to ensure businesses run in a great environment.
Mainland
Investors and businessmen have also the option to launch a business in a variety of sectors on the mainland. The UAE provides the chance to set up a business there with all the benefits of a highly developed economy. Its infrastructure, helpful facilities, and services adhere to the highest standards, enabling businesses to operate with top quality, efficiency, and dedication.
Businesses that are conducting some specific operations on the mainland are increasingly allowing foreigners to become their 100% owners, with the extra perk of company formation in Dubai and elsewhere. They are free to trade with any mainland company and are permitted to do business with government organizations.
Both the free zones and the mainland have attracted business owners over the years. Choosing the right one depends on your business goals, requirements, initial budget, and some other factors.
Offshore
A corporation that operates outside of the economic zone where it was incorporated in order to legally lower taxes is known as an offshore company. Business setup in Dubai, UAE offshore area offers perks and benefits to the person who is willing to invest in the company.
In order to provide the convenience and efficiency of international offshore locations while upholding a high reputation with international offshore, different helpful yet strict regulations have been developed by the government for businesses to follow. The benefits of using the offshore region include ultimate anonymity, reduced taxes, and wealth management.
Other advantages of an offshore business setup include:
- Cost-effective registration process
- Zero corporate tax
- Limited liability
- 100% foreign ownership
- Effortless transfer of ownership
- No minimum capital requirement
- Low operational costs
Why Choose YQS PRO DUBAI for Business Setup Services in Dubai, UAE?
YQS PRO DUBAI CONSULTANCY is a leading corporate service provider based in Dubai and provides related services in addition to business incorporation. We promise to offer you the most open, high-quality backend, easy processes, and personalized solutions. The entrepreneurial mind may develop its business roots and increase production with the support of our distinctive, creative, and strategic approach.
Along with accounting and VAT services, We provide all you require for a successful business setup in Dubai, Abu Dhabi, and company setup throughout the United Arab Emirates. We are a business consulting firm that offers the public, nonprofit, for-profit, private, and academic sectors first-rate business setup consulting services. Dubai, the most advanced and contemporary emirate in the UAE, is expanding quickly in no time.
Contact us right now to get the best business setup services in Dubai and get going with your business.
Frequently Asked Questions
It is usually a quick process. But, the exact time depends on the company formation type you choose.
Yes, it is easy to start a business in Dubai with the help of well-reputed business setup consultants in Dubai like YQS PRO DUBAI. We offer the best business setup services for business setup or company formation in Dubai.
The cost of starting a business in Dubai is influenced by a number of variables, such as the type of location, the license required, and more. To assist you in setting up your business in an economical manner, get in touch with us: Whatsapp # +971 52 5714 496