Set up your business
in abu dhabi!
General Trade License offer starting from
AED
16,500* Only.
And enjoy 100% expat ownership
*T&C Apply
Get A Free Consultation!
Soar to Success in Abu Dhabi
As the capital of the United Arab Emirates, Abu Dhabi is known for its stable business environment bolstered by a strong and diverse economy. A popular choice for corporate entities as well as startups, Abu Dhabi is seeing a rise in a range of industries including Manufacturing, Tourism, Finance, Healthcare, Technology, Energy & more. Shuraa supports entrepreneurs in establishing business processes in Abu Dhabi and helping them avail benefits like 100% corporate ownership, liberal tax laws, investor friendly laws, global infrastructure and more. With lucrative packages starting from just AED 16,500* Shuraa opens a world of opportunities in the Middle East & beyond.
Contact us for a free business consultation.
Offer Inclusions
General Trading Company Setup
- Name & Security Approval
- MOA
- Trade License Fees – 1 Year
- Shared Office Space – 1 Year
- Agency Fees
Total – AED 16,500* Only
Note: Add-on services include Immigration Card and Visa Charges
OUR CLIENTS
UAE'S BEST COMPANY REGISTRATION TEAM
NIMA JAMEEL
ABDUL MUQEETH
SAIMA KHAN
NEHA TYAGI
Book a free consultation with our company formation experts
STEPS TO SET UP A COMPANY WITH 100% FOREIGN OWNERSHIP
Here's how you can set up your dream venture and also enjoy 100% foreign ownership in the UAE:
You need to finalize the name of your venture and send it for approval. Once done, you can get going with the further steps. Furthermore, It’s vital to note that the trade name you choose should be free of any derogatory or offensive terms.
Moreover, it shouldn’t be provocative or demeaning towards any caste or religion. You need to use the full name of a person in case you want that to be the legal name of your enterprise.
The DED maintains a list of permissible operational activities applicable to the Dubai mainland. Thus, if you want to make the best use of the local marketplace, you need all the allowances to bolster your venture’s working flexibility.
Choose from the list of activities and get in touch with the concerned departments to get any external approvals. Furthermore, remember that you’ll enjoy 100% business ownership only when your activities meet the expected criteria. If not, you’re free to launch a traditional limited liability company by connecting with a local agent.
Paperwork and documentation are paramount to running a risk-free and fully secure business in the Emirates. In addition, the government also takes documentation very seriously. For the same reason, the crime rates and fraud episodes are very sparse in the region.
You need to prepare the MoA, get it attested, obtain the initial approval, etc., as part of the business registration process in the UAE.
Renting an office space is the preferred choice since it’s cost-friendly and easily manageable. Investing in real estate in Dubai can be an uphill assignment for SMBs and new businesses as they don’t have enough funds during the initial stages.
Hence, you should rent office space in the UAE and connect with Shuraa’s business experts to get value-for-money spaces.
Once you have the trading license, you can submit your visa request. In addition, you can also secure an investor visa if your application matches the set criteria. Finally, you need to open a corporate bank account for your enterprise to manage the transactions.
Therefore, choose a reliable bank that’s ideal for long-term associations. That;s it. You have finished all the obligatory steps to set up your company with 100 percent foreign ownership in UAE.
Paperwork and documentation are paramount to running a risk-free and fully secure business in the Emirates. In addition, the government also takes documentation very seriously. For the same reason, the crime rates and fraud episodes are very sparse in the region.
You need to prepare the MoA, get it attested, obtain the initial approval, etc., as part of the business registration process in the UAE.
ADVANTAGES OF 100% BUSINESS OWNERSHIP IN THE UAE
You must comprehend the various benefits you and your venture can enjoy under the 100% foreign ownership law. Discussed below are some of the significant benefits:
Freedom in Decision Making
When foreign investors hold full ownership of their company, they can enjoy the freedom to make decisions that best suit their business interests. If not, they would have to consider the aspect of shareholders (local and foreign) before taking any significant step. The issues associated with cooperation, congruence will no longer bother the foreign investors. Moreover, the same would have a positive impact on the UAE’s economy.
Opportunity to Manage Government Consignments
Companies launched in the mainland can handle profitable government projects with 100% foreign ownership. The government consignments have contributed largely to the growth of the economy and such chances would help firms get more stability and function to their full potential.
Diversification in Business
The mainland enterprises are allowed to manage a wider range of activities. If you want to diversify your offerings on the mainland, all you need is to re-register your new activity with the Department of Economic Development (DED) and you can trade freely.
Therefore, the availability of 100% ownership for foreign investors in the UAE would encourage investors to explore Dubai's local marketplace and diversify their venture's model accordingly.
Saves Time and Money
The government of the UAE now enables numerous enterprises to carry out their business activities without any local sponsorship. Therefore, with less formality and paperwork, you can start operations as soon as your company is registered. The 100% foreign ownership amendment allows a business to save sizable money that might originally have been spent on other formalities. Now, they can use this money and time for some other productive business purpose.
© 2020-2023 Copyright : shuraa.com All rights reserved.