Company Formation in Dubai

 

 

 

If you wish to form an individual or business firm in Dubai, there are certain measures that you need to take and follow in order to ensure that everything runs smoothly. You should know that this is not an easy task to accomplish. Dubai is a foreign country for many people and since they do not speak the language of the locals, the process of establishing a company there can be a tad difficult. To make things easier, here is a brief Dubai company formation guide.

 

Companies in Dubai do not need to be registered in Dubai to operate. Companies in Dubai are categorized into two: private dubai company formation  and public companies. Private companies have limited liability, share ownership and no need for a license. Companies have different types of registration such as the duba term, the eft term, or the eft and mba designation. Public companies need to register in Dubai free zones.

 

Registration in Dubai free zones is the easiest and fastest way to open a company. Companies without any registration are required to get a DBA Registration. This will give them a legal document that will enable them to conduct business in Dubai. There are two types of DBA entities: company in general and company in the free zones. Company in general is any entity registered in any of the five branches of Dubai Autopilot System. Companies in the free zones are those that are owned by foreigners or by companies that are not resident of Dubai.

 

In order to establish a business in Dubai, it is mandatory for all foreign nationals to register their company in the free zones. Foreign companies must also provide the necessary documents to the Dubai authorities to enable them to register their businesses in the free zones. All these requirements make company formation in Dubai a complicated affair, but thanks to the dedicated efforts of the Dubai Company Formation Agents, company formation in Dubai has become extremely simple.

 

Companies require certain minimum capital to start up their business; in case of company formation in Dubai they generally require at least twenty five thousand pounds. Businessmen may contact an offshore company formation agent to help them register the company at a nominal charge. These agents may contact individuals directly and may offer various options like in house assistance, offshore assistance and share capital.

 

Some of the companies that require twenty-five thousand pounds as a minimum amount for registration may contact a company formation agent directly. These companies have representatives in the Dubai Free Zone, who may take the client's details and apply for the registration. If a company formation representative is not available, then the individual may contact the company formation offshore through their agent. Once the registration is done, the individual will be able to access the company's offshore website where he may check for information on different companies that can be beneficial for him.