Business setup in UAE mainland is a lucrative opportunity, with one after the other Emerite competing to provide the best business ecosystem to the growing number of foreign investors. With a global infrastructure, UAE is an entrepreneur’s first-choice for foreign investment. Add on all the strategic benefits the geography of UAE plays, the opportunities are even more.
Of the three main forms of company formation in UAE, mainland business setup is one of the best options. If business opportunity and growth is concerned, mainland business setup is by far one of the most lucrative roles out there. It dwarfs the other two business setup options like Freezone and offshore when it comes to raw business benefits.
Mainland company formation in UAE if done with a systematic approach it is one of the easiest to accomplish, as compared to other countries. However, it is not as simple as a freezone company setup and hence can be a little overwhelming with all the legalities and paperwork.
Here’s answering the basic how-tos for UAE mainland business setup:
If you’re opting for a Dubai Mainland Business Setup, you’ll need to get your way through DED or Department of Economic Development registration in Dubai. This is Dubai’s business management, strategy, and infrastructure development eye and they’re ultimately going to issue your license for Business Setup in Dubai Mainland.
The next step is to verify your business address. Through this setup, the Dubai Municipal Corporation will verify the physical manifestation of your business that is the office space. There’s a couple of processing that needs to be done like generating a tenancy contract and Ejari before finally applying for the license.
As mentioned earlier, prospects of business setup in UAE mainland can get a little tricky if the correct procedure is not followed. Since here you are dealing with a local sponsor, your need for a local business consultancy service-provider like RAS Corporate Advisors is a must. They’ll navigate you through the paperwork and guide you with the right decisions so that you can put your efforts into better business planning.
Starting from very registration to licensing, processes of business setup in UAE are done with little to no paperwork. There’s a whole different set of laws applicable to foreigners (except criminal). What is more? The World Bank ranks UAE 1st in Africa and the Middle East for ‘Ease of Doing Business,’ with an 11h rank globally. Not an easy feat. So, yes, UAE is definitely good for business.
Setting up a business in UAE has some costs involved but that is nothing out-of-the-ordinary.
A good business establishment consultancy can help you steer through the costing and sorts. Prices are included for different steps like initial approval, name approval, type of MOA, sponsorship fee, licensing fee, and so on.
RAS Corporate Advisors can help you with Low Cost Business Setup in UAE. Majority of costs involved in UAE business setup are fees paid to the government at different layers of advancement.
Starting a small business in UAE should start with determining the type of business. Ask for advice from your trusted business consultancy service provider.
Different businesses have different needs, and so different locations in UAE have different business ecosystems to offer. Around 95% businesses in Dubai are SME businesses. So the answer is – consultation.
Some of UAE’s most successful businesses are tours and travels, real estate, banking, IT services, food delivery, e-commerce, restaurant among others.
If success is determined by capital, liquid funds, Abu Dhabi has to be UAE’s best emirate for company formation. Vast oil resources make it the wealthiest. If you’re looking for company formation in the capital of UAE, then this is your destination.
However, Dubai remains one of UAE’s most attractive business destinations, with extravagant resalestates, opportunity for every type of business, huge population to deal with and many other factors.
Ease of doing business in or around UAE is dependent on what business you’re into and from which business zone you’re operating your business.
Among freezones, offshore and mainland businesses, the mainland has the edge of better access to the business scene in UAE.
In the same way, an offshore business setup will be able to take the benefits of a restriction-free foreign trade.
Ask RAS Corporate Advisors for a detailed explanation on different business setup and execution prospects Dubai has to offer.
Office No: 812, ETA Star Al Manara Tower, Business Bay, Dubai – UAE. P.O. Box: 117 486