Setting up a company in Dubai beckons the all important question that, “should the company registration be on the Dubai Mainland as an LLC or is it more beneficial to setup in a Dubai Free Zone”?
At PBS we have a unique 6 step elimination process that aides our clients in determining what the most appropriate solution is which we follow up with a complete hassle free turn-key company formation in Dubai.
An important part of Dubai DED company setup is determining whether the required business activity is classified as “Commercial”, “Professional” or “Industrial”. This factor decides whether a Local Agent or Local Sponsor is required and the difference between the two is one will be a support agent for the company whilst the other will be a 51% shareholder. In general Dubai Mainland company registration involves a number of stage orientated processes that are completed across numerous Dubai Government entities which include the Dubai Economic Department, Dubai Courts, Legal Typing Centers and Ejari.
The experts at PBS provide our clients a complete breakdown of the processes entailed in registering in Dubai Mainland (LLC Business Setup UAE) and the implications of the legal structures along with an accurate cost analysis so nasty surprises are avoided.
Free Zones were introduced in Dubai to accommodate 100% independent foreign ownership with infrastructure and support all based in a single location. Dubai has over 20 Free Zones where company registration can take place and with so much choice it is crucial to determine which Free Zone is the most appropriate as the costs and requirements for each one vary. Each Free Zone is dedicated to a specific industry whilst some cater to all so with all the variable factors it is absolutely critical to receive expert guidance.
Dubai Free Zone company registration processes are slightly less complicated than the Mainland however there are different factors which require consideration and the time process in the free zone company setup process takes much longer typically 4-6 weeks.
Peninsula Business Solutions has working professional relationships with all the free zones in Dubai and the UAE which enables our clients to access our wealth of knowledge to determine the solution which is most relevant to their needs.
Business Setup in Dubai Free Zones
There are 7 Emirates and over 20 established free zones where companies can register and operate from. Whilst each Emirate and free zone have varying regulations and legal frameworks the most common benefits that all UAE free zones offer are:
- 100% Foreign Ownership
- 100% Tax Free Status
- Business Friendly Environment
- World Class Infrastructure
- International Banking