Benefits of hiring business setup consultants in Dubai, UAE

Benefits of hiring business setup consultants in Dubai, UAE
  1. The Clarity in Legal Formalities and Licensing for Business Setup in UAE

The common legal forms of business in Mainland, Free zone, and Offshore formation in the UAE are:

  • Sole proprietorship
  • Civil Company
  • Limited Liability Company (LLC)
  • Partnership
  • Private Share Holding Company
  • Public Share Holding Company
  • Branch of Foreign Companies/Representative Office
  • Branch of GCC companies
  • Branch of Free zone company
  • Branch of Dubai-based companies
  • Branch of UAE-based companies
  1. Expert Industry Knowledge

         Major industries in the UAE include:

  • aluminum.
  • boat building and ship repair.
  • construction.
  • fishing.
  • handicrafts and textiles.
  • petroleum and petrochemicals.
  1. Understanding of Business Jurisdictions

          Sources of Jurisdiction – Civil Procedure Law 

Section 3 of the UAE Civil Procedure Law defines the jurisdiction of the local UAE courts. The main provision for commercial disputes is Article 31(3) which sets out four circumstances in which a court may have jurisdiction:

'In commercial matters, the jurisdiction shall be vested in

  1. The court in whose area the defendant has his domicile or
  2. The court in whose area the agreement was made or
  3. Was performed in whole or in part or
  4. In the court in whose area the contract should have been performed.’
  1. Assessment of Business Setup Cost in UAE

The exact fee will be determined according to the company's legal structure, and of course, the chosen free zone. The costs for registering a company in a Dubai-free zone are not exceptionally varied; it is usually around the range of AED 9,000 to AED 10,000

 

          Four Biggest Fees Incurred with Dubai Business Set-Up and Operations

         1. Company Registration Fee

         2. Licence Fee

         3. Office Fee

        4. Share Capital

 

  1. Helps to Ensure a Smooth Registration Process

Several license categories exist in UAE, ranging from freelance, professional, trading, and industrial. With such a lot of diversities inside every category, an investor have to take a look at the options with the help of a expert, to determine the pleasant desire.

 Individual shareholders/partners must get the following:

  1. Passport copy
  2. One photograph
  3. Proof of residence in the home country
  4. Suggested company name options
  5. Designate the intended business activity
  6. Fill out a simple application
  7. Submit the file and pay the costs

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