Company Formation
Establishing a company in Dubai offers diverse opportunities across various business types and budgets. From setting up in free zones for 100% foreign ownership to onshore businesses requiring a local partner, options abound. From budget-friendly to premium locations, the city accommodates diverse needs, offering cost-effective setups in emerging areas or prestigious locations like the central business district.
Onshore
Onshore businesses in Dubai refer to companies established within the mainland, operating under the jurisdiction of the local government and adhering to the UAE Commercial Companies Law. These entities often require a local Emirati partner or a service agent if you are a foreigner. Onshore companies benefit from access to the local market and broader business activities in the UAE. While offering a broader scope for business activities, onshore entities follow local regulations, contributing to the local economy and fostering stronger relationships within the community. Proper legal procedures and compliance with government regulations are important for establishing and maintaining onshore businesses in Dubai.
LLC
A Limited Liability Company (LLC) is a common company structure in Dubai. A minimum of two shareholders to a maximum of 50 stakeholders are needed, and foreign ownership is permitted up to 49% of the company. A local Emirati partner or entity owns the remaining 51% of the company. LLCs have access to the local market and can conduct a variety of business operations throughout the mainland United Arab Emirates. Nowadays, depending on the type of operations to be conducted, certain LLCs maybe 100% owned by foreigners. In this case, the LLC’s labour and immigration accounts will be maintained by the General Manager, who must have resided in the United Arab Emirates before the LLC’s creation. Astra helps you to form a proper LLC company in Dubai taking care of all your needs.
Branch or Representative Office
A Branch or Representative Office in Dubai serves as an extension of a foreign parent company, enabling it to conduct business activities and promote its interests within the UAE. Branch and Representative Offices are subject to regulations set by the Department of Economic Development (DED) or other relevant authorities in Dubai. These offices are an efficient way for foreign companies to establish a local presence, expand market reach, and explore business opportunities within the UAE.
Professional Service Licence/Civil Company
A Professional Service License or Civil Company License in Dubai allows individuals and professionals from various fields to conduct specific service-oriented businesses or services. Astra facilitates the acquisition of these licenses, customising them to suit legal and regulatory requirements. Our services cover guidance on eligibility, documentation, and the application process, ensuring seamless compliance with Dubai’s regulations. Whether in legal consultancy, accounting, engineering, or other service sectors, Astra assists in obtaining the necessary permits and licenses.
Free Zone
A free zone company in Dubai refers to an entity established within designated free trade zones, offering various benefits like 100% foreign ownership, tax exemptions, and simplified business regulations. The UAE has over 40 specialised free trade zones which offer many advantages to foreign investors and these zones cater to specific industries, fostering business growth, and encouraging foreign investment. Astra assists in setting up free zone companies, and guiding clients through the process, including licensing, visa issuance, and company registration, ensuring a secured establishment within these specialised economic zones.
Financial Zone
Financial zones refer to specialised areas within Dubai that focus on financial services and activities. These zones provide an environment tailored for financial institutions, banking, investment firms, and related businesses. Astra assists clients in establishing their presence within these financial zones, navigating the intricacies of regulatory compliance, licensing, and operational setup. Our expertise ensures a smooth entry into these zones, facilitating access to the region’s financial markets and enabling businesses to leverage the advantages offered by Dubai’s financial infrastructure.