Every businessman in the world has a dream of starting his own company in Dubai but the process for the same is not easy. Strict rules and regulations by the government and tedious process make company registration in Dubai a difficult and troublesome task.
Before starting a business in Dubai one has to do thorough research on every aspect and must go through all the information about the business activity they are to undertake and ensure that they comply with all the business licensing requirements.
Obtaining a trade license is mandatory for starting any business activity in Dubai. The concerned authority which is responsible for issuing local Dubai company licenses is the Economic Development Department, functioning in different locations.
In the Limited Liability Company, the liability of the shareholders is limited to their capital. The maximum number of shareholders in an LLC in Dubai is 50 and minimum is 2. Except for insurance, banking, or monetary investment, the company can carry any business activity.
An onshore company is a business arrangement which is formed and managed within the jurisdiction of the company. There are numerous perks of having an onshore company which include favorable regulation, taxation policies for companies operating outside of the jurisdiction, broad networks of tax treaties, developed business, banking and supporting sectors, etc. Registration of the onshore company in U.A.E. is crucial and beneficial. Generally, owners manage their business by sitting at their native place, but with the Onshore company, one can easily have the working office and can manage them efficiently.
An Offshore Company is a legal business configuration that is formed and managed outside the jurisdiction of the company.
At Vakilsearch, we can deliver all your documentation requirements in just four working days. And if you're not totally satisfied, we'll take another couple of days to work on the modifications you need. All at the lowest price, both online and offline.
We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.
Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we'll try to ensure that your doubts are cleared before they even arise.
