You are probably here to know about the company formation In Dubai. This blog outlines the necessary steps that are required while incorporating a company in Dubai, UAE. The first and the foremost thing in setting up a business anywhere is to choose the business type or activity. However, if you have a good business idea then the first step will be to select the appropriate business location. In United Arab Emirates rules and regulations differ from place to place.
1.Selection of a local sponsor: Starting a company in Dubai or elsewhere requires selection of a local sponsor. The local sponsor will have 51% shares of the company. However, there are some exceptions to it. For more click here.
2. Select a company/trade name: – After selecting the local sponsor, the next step is to select the name of the company and get it approved from The Department of Economic Development. For more read here.
3. Selection of Business premises: After name approval, the next step will be to look for the office space for your company and make a tenancy contract. For more read here.
4. Draft MOA and local service agent agreement: Draft a Memorandum of Association with your sponsor and then submit the same at Department of Economic Development. For more read here.
5. Submission of MOA and license application: Submit all the necessary documents such as MOA, License application, tenancy contract at DED.
For assistance regarding the business set up in Dubai feel free to contact us. Our services include
1. Business Set Up In Dubai
Contact Us
Al Taresh Consultants & Services,
Office 13,
AL Mamzer Center,
Street 28, Hor Al Anz East
In front of Police Head Quarters
Deira, Dubai - UAE
Street 28, Hor Al Anz East
In front of Police Head Quarters
Deira, Dubai - UAE
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