Forming a company in Dubai can be a lucrative business decision for entrepreneurs looking to establish their presence in the Middle East. Dubai is known for its business-friendly environment, which offers numerous benefits such as tax exemptions, world-class infrastructure, and access to a highly skilled workforce.
To form a company in Dubai, there are several steps you will need to follow. Firstly, you will need to decide on the type of company you want to form, which can include a limited liability company, sole proprietorship, or partnership. You will also need to obtain a trade license, which can be obtained from the Department of Economic Development (DED) in Dubai.
Next, you will need to register your company with the Dubai Chamber of Commerce and Industry, which is the official body responsible for promoting trade and investment in Dubai. This registration process will require you to provide information about your business, such as its name, location, and activities.
One of the most important aspects of forming a company in Dubai is having a local sponsor or partner. This is a requirement for many types of companies in Dubai, and it involves having a UAE national or company hold at least 51% of the shares in your company.
If you are interested in forming a company in Dubai, it may be worth considering the services of a company formation agency like Abbey Blue Formations. We can provide expert guidance and assistance throughout the entire process, helping you to navigate the various requirements and regulations involved in forming a company in Dubai. However, it is important to note that the cost of their services may vary depending on your specific requirements and the type of company you wish to form.
€9,950.00
