Business Setup in the UAE

Baig & Co International LLC, Dubai

When deciding where to establish your business, the UAE stands out as the premier choice for aspiring and seasoned entrepreneurs. Baig & Co specializes in offering comprehensive support for business setup in the UAE, ensuring a seamless process backed by favorable government policies and abundant benefits.

Let us guide you through the essentials of setting up your business in the UAE, including choosing the right jurisdiction, selecting the appropriate license, and navigating the setup process with ease.

Types of Jurisdictions for Business Setup in UAE

At Baig & Co, we help you identify the best jurisdiction for your business needs. The UAE offers three main options:

Mainland

A mainland jurisdiction refers to a geographical area within the United Arab Emirates. Businesses operating in this jurisdiction are called onshore companies. They have the freedom to function within and outside the country without any restrictions.

Freezone

A Freezone jurisdiction refers to an economic area governed by a specific regulatory body called the Free Zone Authority. The regulations defined by the authority don’t apply to businesses located outside the zone. Businesses enjoy various benefits like corporate tax exemption, foreign ownership, and easy incorporation.

Offshore

Businesses with headquarters outside the UAE are called offshore companies and fall under offshore jurisdiction. Entrepreneurs enjoy various benefits, such as international expansion, low tax rates, and minimal government policies for setting up an offshore company.

Types of Entities Available for Company Formation in UAE

The UAE government welcomes the formation of various types of business entities. Let us look at them

Types of Licenses Required for Company Registration in UAE

Let us have a look at the different kinds of licenses available for setting up a business in UAE.

Commercial License

A commercial license is issued to businesses that engage in trading, importing, and exporting goods and services within the UAE.

Industrial License

If your company engages in manufacturing activities, you can apply and avail an industrial license.

Professional License

A professional license can be availed by individuals or single-ownership companies to offer services depending on their intellectual or artistic talent.

Tourism License

The Department of Tourism and Commerce Marketing (DTCM) issues a tourism license for businesses or individuals that engage in tourism-related activities.

Procedure for Business Setup in UAE with Baig & Co

The process of setting up a business in the UAE varies depending on the jurisdiction you choose. At Baig & Co, we streamline this process to ensure efficiency and compliance with local regulations. Below is an overview of the steps for establishing your business in the UAE Mainland and Free Zones:

UAE Mainland Business Setup
UAE Free Zone Business Setup
Step 1 - Determine the Nature of Your Business
Identify your business activities to align with UAE regulations.
Step 1 - Identify the Nature of Your Business
Define the business activities you intend to perform in the free zone.
Step 2 - Pick an Appropriate Business Structure
Choose from options like LLC, sole proprietorship, or branch office based on your needs.
Step 2 - Choose the Right Business Structure Select from options like:
  • Free Zone Limited Liability Company (FZ LLC)
  • Free Zone Company (FZ Co.)
  • Free Zone Establishment (FZE)
Step 3 - Register a Unique Trade Name
Ensure the name complies with the UAE naming guidelines and is available for registration.
Step 3 - Pick a Unique Trade Name
Choose a name that complies with the Free Zone Authority’s regulations.
Step 4 - Apply for Initial Approvals
Obtain necessary approvals from relevant government departments.
Step 4 - Select a Business Location
Decide on office space or facilities within the free zone.
Step 5 - Prepare Essential Documents
Draft the Memorandum of Association (MoA) and Articles of Association (AoA) and gather other required documents.
Step 5 - Submit Required Documents
Provide necessary documents, including your business plan and passport copies, for initial approvals.
Step 6 - Pick a Location for Your Business
Secure an office space or business address that meets government requirements.
Step 6 - Obtain Initial Approvals
Secure permissions from the free zone’s governing body.
Step 7 - Apply for Additional Government Approvals
If your business activities require special permits, apply through the relevant authorities.
Step 7 - Pay Required Fees
Settle the relevant fees to complete the registration process.
Step 8 - Submit Required Documents
Submit all documentation for review and processing.
Step 8 - Apply for the Business License
Acquire the appropriate license for your business activities.
Step 9 - Apply for an Appropriate License
Obtain a commercial, industrial, or professional license through the Department of Economic Development (DED).
Step 9 - Finalize Registration Formalities
Complete all formalities to officially set up your business in the chosen free zone.
Step 10 - Complete Registration Formalities
Register your business with the Chamber of Commerce and Industry.
Step 11 - Pay Necessary Fees
Settle all fees to finalize your company incorporation.