Dubai has been offering a multitude of business opportunities for foreign investors, passionate entrepreneurs and big corporations on the back of a sound economy and stringent regulations. However, the business setup in Dubai is a complex decision as the investors need to analyze the different jurisdictions of company formation like the Dubai mainland and more than 40 free zones and offshore jurisdictions. Each of these modes of business setup is governed by different regulations as the mainland LLC requires a UAE local as a partner and the free zones pose various restrictions on the activities and UAE offshore is suitable for the purchase of the freehold properties.
Business Setup Services in Dubai & UAE
The task is a complex procedure or rather a strategic decision and requires expert advice and guidance from business setup consultants in Dubai, UAE. The best business consultants act as a one-stop solution for a plethora of business setup services in Dubai including company formation, VAT Consultancy, accounting services, PRO services, assistance with the banks and other value-added services.
The following is a step by step breakdown of all the business setup services offered by Jitendra Business Consultants in Dubai.
1. Mainland Company Formation
Mainland LLC company formation is one of the most common forms of business setup in Dubai as it allows investors to conduct business within the UAE market. The LLC company formation in Dubai requires a UAE national as the local sponsor holding at least 51% of shares in the company. The business setup service providers or business consultants in Dubai help the investors in choosing the right business activity, getting approval from the Department of Economic Development (DED) and the necessary documentation and paperwork.
2. Free Zone Company Formation
Out of the 40 free zones in the UAE, more than 30 are in Dubai that offers dozens of options to investors who want to setup a business in Dubai free zone unique benefits like 100% ownership, one-stop services and repatriation of capital. Unlike mainland companies, investors can not do business in the local market. Also, there is restrictions on business activities such as engineering, tourism, construction etc are not allowed in the free zones. Also to trade in the UAE mainland, a free zone company should appoint an agent and has to pay 5% customs duty.
3. PRO/Visa Services
PRO service is one of the major aspects of the best business setup service providers in Dubai, UAE. The PRO services Dubai help the investors get their visas processed at the labour office and the immigration office. The PRO services help the companies by providing services like,
- The application, renewal of Visas of investors, partners for free zone & LLC companies
- Processing of visas for dependents (family)
- Document attestation at Notary public
- Translation of documents into multiple languages
- Renewal of trade license
- Renewal of immigration and labour card
- Registration of EJARI
4. Securing UAE Local Sponsor
For LLC company formation, it is mandatory that at least 51% of the shares should be held by a local sponsor. The best business consultants in Dubai could assist the investors in securing partnerships for the LLC company formation. For starting companies under the professional license, a local service agent (LSA) is mandatory in Dubai mainland. A company formation specialist firm could act as the LSA for such firms.
Read more: Everything You Wanted to Know About Local Sponsorship in Dubai
5. Banking Assistance
Opening a corporate bank account in the UAE is not a hassle-free process due to the tough regulations and the pressure to comply with international regulations like the Anti-Money Laundering (AML). The banks give importance to factors including the robustness of the business plan, visa and office space requirements etc. to provide the account opening services to the investors. Under JBC bank account opening services in Dubai we provide sound advice to the entrepreneurs with regard to the process of bank account opening in the UAE.
Also read: Top Challenges in Opening a Bank Account in the UAE
6. Value-Added Services
The responsibility of the business setup consultants is not limited to the process of company incorporation. The best company setup consultants in Dubai provide a one-stop solution for all other services that the companies require after their successful incorporation. The following are some of the other business services that the Jitendra Business Consultants offer for the investors:
Why Should You Choose Business Setup Services from Jitendra Business Consultants?
In-depth knowledge about the right jurisdiction, trade licenses, and regulations are of utmost importance while opening a company in Dubai or UAE. Considering these requirements, it is impossible for investors to start a business in the UAE without robust advice from highly skilled business setup consultants. Jitendra Business Consultants (JBC) is a pioneer in offering top-notch company formation services to investors, entrepreneurs and big corporations who wish to exploit the ever-growing business opportunities in Dubai.
JBC’s highly qualified business setup consultants provide the clients with the best mainland and free zone company formation advice. JBC’s PRO services provide high-end solutions to visa application, renewal, translation of documents into Arabic and other paper works. Processing of employment visas, investor visas and sponsoring of dependents become easier with JBC’s top-notch PRO services.
JBC also consists of highly qualified Chartered Accountants and trademark agents who would take care of the requirements like accounting&bookkeeping, auditing, VAT filing and trademark registration respectively. JBC is committed to enhancing the business growth of the clients by acting as a one-stop shop for all the processes before and after the company incorporation.