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As one of the leading services in the country, We – The Step In Solutions Business Services seeks to promote and provide quality service to our clients and customers across UAE. Our primary focus is to cater those various requirements to make your life easier.
A Limited Liability Company (LLC) is the one of the major legal types of the business in UAE. Having an LLC company in Dubai, UAE requires a minimum of two and a maximum of 50 shareholders.
A professional company is a skill based business which stalks from the knowledge and the efforts of the owner. These licenses or the activities rely on the qualifications and the experience of the owner.
A branch of a foreign company can legally conduct its business in the local market and can directly indulge in the operational business activities.
If you are looking to set up and operate a business in UAE Mainland, the first thing to do is to find a local sponsor. By law, the local sponsor should be a UAE sponsor. It is however important to come to an understanding with the local sponsor to abstain from the profit making of the business and to allow an independent operation.
In order to set up a business in UAE mainland, Mainland license is required that is issued by Dubai Economic Department (DED) and the company should be registered under it. Even then, the need for the local sponsor stands essential as needed for legal agreements and business documentation.
Benefits of Company Formation in Mainland.
Setting up of business in Mainland Company allows some additional freedom to the business owners as there are very less limits set towards the activities that may be involved in doing a business, unlike other company formation rules and regulations. Some of the best reasons to choose Dubai Mainland for business set up are listed below.
Company formation in Free zone UAE offers the most favorable environment for setting up of business in UAE where a set of predefined activities are allowed to a foreign investor. It very well allows international operations with some attractive privileges like complete ownership, zero taxation, etc.
It is a fact to understand that unlike the company formation in other jurisdictions, the timeframe, the process and the policies of setting up of business in Freezone is much lighter and easier. This is mainly because the documentation work and other formalities are minimal here. Depending on the nature of business set up in Dubai, you would need to apply and get free zone license in UAE.
Company formation in Free zone however not being subject to Commercial company law of UAE, the companies abide by the rules and regulations of the respective free zone authority.
business set up in ajman freezone
the business facilities include 100% ownership of business, 100% foreign ownership, easy transfer of capital and profits, exemption from personal income tax and other taxes, competitive prices of facility usage and many more.
if you are looking for company set up in ajman freezone, get in touch with the consultants.
type of ajman free zone companies
according to afza, below given are the types of legal entities permitted to set up business in ajman free zone.
freezone establishment (fze):
fze is a completely independent corporate entity that can be registered by a single shareholder with a minimum capital investment
free zone company (fzc):
this free zone company can be incorporated by 2 to 5 shareholders with a minimum capital investment
licenses needed for ajman free zone company setup
in order to set up business in ajman freezone, below given licenses are required to be acquired by the investors.
trading license
investor looking for carrying our trading activities in afza needs trading license.
professional services license
an investor interested in carrying out professional services in afza is required to get a professional service license.
industrial license
when an investor is looking for carrying out manufacturing activities in ajman freezone, he needs to acquire industrial license.
national industrial license
national industrial license is issued if it meets the eligibility criteria of being registered with gcc and the gcc national should hold more than half of the shareholding.
business set up in sharjah freezone
business set up in sharjah freezone would be an ideal choice for those investors looking to expand their business or even for the start ups. types of sharjah freezones include sharjah media city freezone(shams), hamriya freezone authority(hfza) and sharjah airport international freezone(saif).
two types of companies that can be registered in sharjah freezone
depending on the nature of shareholding, there are two types of companies that can be registered in sharjah free zone. they are as follows:
types of licenses required for sharjah free zone company set up
for setting up of business in sharjah free zone, below given are the types of licenses investors need to avail.
in order to set up a business in sharjah freezone, the first step is to acquire sharjah freezone license. for this, the investor needs to select the type of business activity and select a unique name for the company. it should be ensured that the name of the company has not already been registered with the same free zone.
some of the best reasons for the investors to opt for sharjah freezone company are its 100% foreign ownership and simplified company formation procedures, repatriation of capital and profits, 100% free transfer of funds, fast-track immigration process, liberal economic policies, business-friendly environment and many more.
company formation in sharjah freezone can be assisted by the professional business consultants at we helping the investor go through the procedures of setting up business in freezone easily.
business setup in rak freezone
the main benefits of setting up a company rak freezone are 100% foreign ownership, easy and quick incorporation procedure, easy access to all large airports and sea ports in uae, clear regulatory legal framework, etc.
types of license issued in ras al khaimah freezone are as below
benefits of rak free zone business setup
there are numerous benefits to the investors looking for setting up business in rak freezone. some of the remarkable ones are rak being the most recognized freezone globally, its fast and simple company set up process, facilities and value added services, provision to build on-site staff, labor accommodation facilities, total capital and profit repatriation and many more.
documents required for rak freezone company formation
in order to set up business in rak freezone, certain procedures and steps need to be fulfilled. below are the documents required to submit.
business setup in fujairah freezones
fujairah free zone is located on the east coast of uae and it offers triple advantage to the investors with its accessibility, connectivity and economy known as ace.
companies set up in fujairah free zone can enjoy the benefit of accessing easily to all arabian gulf ports, iran, india, pakistan and the red sea through weekly feeder vessels.
activities that can be done in fujairah free zone
business set up in fujairah can carry out various activities that include some specific activities as below.
the two freezones in fujairah are ifza and fujairah freezone. the renewal of fujairah freezone company is indeed simple and can be done within one day.
benefits of fujairah company formation
in a nutshell, company formation in fujairah free zone has a lot of opportunities for startups, young entrepreneurs as well as established investors. the concerned authority offers promising potential with brilliant and flexible government policies along with a lot other benefits.
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