FAQ’s

FAQ’s

BUSINESS SET UP

A business setup consultancy in the UAE is a service that helps individuals and companies establish a business in the United Arab Emirates (UAE). They provide assistance with company formation, legal and regulatory compliance, licensing, visa and immigration, and other related services.

Setting up a business in the UAE can be a complex and time-consuming process, especially for foreign investors who are not familiar with the local regulations and procedures. A business setup consultancy can provide expert guidance and support throughout the process, saving you time and ensuring that your business is set up correctly and legally.

Business setup consultancies in the UAE offer a range of services, including company formation, licensing and registration, legal and regulatory compliance, visa and immigration, office space rental, and other related services. They can also provide advice on business planning, market research, and feasibility studies.

When choosing a business setup consultancy in the UAE, it is important to consider their experience, reputation, and range of services. Look for a consultancy with a proven track record of successfully setting up businesses in the UAE, and one that offers comprehensive and personalized services tailored to your specific needs.

The cost of using a business setup consultancy in the UAE varies depending on the scope of services required. Consultancies typically charge a fee for their services, which may include company formation, licensing and registration, legal and regulatory compliance, visa and immigration, office space rental, and other related services. It is important to get a detailed quote and to understand all costs involved before engaging a consultancy.

The time it takes to set up a business in the UAE with the help of a consultancy varies depending on the type of business, the scope of services required, and the specific requirements of the relevant authorities. It can take anywhere from a few days to several weeks or more to complete the process.

Yes, many business setup consultancies in the UAE offer ongoing business support and management services, including accounting, bookkeeping, payroll, and other related services. These services can help ensure that your business remains compliant with local regulations and operates smoothly and efficiently.

Yes, many business setup consultancies in the UAE can assist with bank account opening and financing, including providing advice on the best banking options for your business and assisting with the application process. They can also provide guidance on financing options, such as loans and investment opportunities.

MAINLAND

Dubai mainland refers to the area in Dubai that is outside of the designated free zones. It is the main commercial and business hub of Dubai and includes many diverse industries and activities.

The advantages of setting up a business on Dubai mainland include access to a larger local market, the ability to operate in any industry or activity, access to government contracts, and the ability to partner with local businesses.

Dubai mainland allows companies to operate in any industry or activity, including trading, manufacturing, services, and logistics. However, some activities may require additional approvals or licenses from the relevant authorities.

The requirements for setting up a business on Dubai mainland include obtaining a trade license, registering the company with the Department of Economic Development (DED), and complying with local regulations and requirements.

The time it takes to set up a business on Dubai mainland can vary depending on the type of business and the specific requirements of the relevant authorities. Generally, it can take anywhere from a few days to several weeks or more to complete the process.

The costs involved in setting up a business on Dubai mainland can vary depending on the type of business and the specific requirements of the relevant authorities. Costs may include trade license fees, registration fees, visa and immigration fees, and other related expenses.

Yes, foreign investors can own 100% of a company on Dubai mainland, but it is important to check the specific regulations and requirements of the relevant authorities.

Yes, a company on Dubai mainland can hire employees from outside the UAE, but it must comply with the visa and immigration regulations and requirements.

Dubai mainland operates under the legal system of the UAE, which is based on civil law principles. The UAE has a well-developed legal system and a strong judiciary to ensure that companies operate within the bounds of the law.

FREEZONE

Free zones in the UAE are designated areas where foreign investors can set up a business with 100% ownership, tax exemptions, and other incentives. These areas are designed to encourage foreign investment and promote economic growth.

There are over 45 free zones in the UAE, each with its own set of regulations, incentives, and requirements. Some of the most popular free zones in the UAE include Dubai Multi Commodities Centre (DMCC), Dubai International Financial Centre (DIFC), Abu Dhabi Global Market (ADGM). Jebel Ali Free Zone (JAFZA), and Dubai Airport Free Zone (DAFZA)

Free zones in the UAE typically allow a wide range of business activities, including trading, manufacturing, services, and logistics. However, some free zones may have restrictions on certain activities or industries, so it is important to check the regulations of the specific free zone before setting up a business.

The advantages of setting up a business in a free zone in the UAE include 100% foreign ownership, tax exemptions, no currency restrictions, easy company registration, simplified visa and immigration procedures, and access to world-class infrastructure and facilities.

The requirements for setting up a business in a free zone in the UAE vary depending on the specific free zone and the type of business activity. Generally, investors are required to submit a business plan, lease agreement, and other documentation, as well as comply with local regulations and requirements.

The process for setting up a business in a free zone in the UAE typically involves selecting a free zone, choosing a business activity, submitting the required documentation, obtaining a business license, registering the company, and setting up bank accounts and visas.

Yes, a company set up in a free zone in the UAE can operate outside the free zone, provided that it complies with the regulations and requirements of the relevant authorities. However, the company may lose some of the advantages and incentives of the free zone if it operates outside the designated area.

Yes, a free zone company in the UAE can hire employees from outside the country, provided that it complies with the visa and immigration regulations and requirements. Free zones typically offer simplified and streamlined visa and immigration procedures to facilitate the recruitment of foreign talent.

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