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Starting from 12,500 AED

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Company Setup Packages

Start your Business in UAE the Smart Way

Dubai Mainland
(Investor Visa)

Starting From 14,500 AED

Meydan FreeZone

Starting From 12,500 AED

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The process of business setup in Dubai

At Outcomes, we recognize that a successful business journey requires more than just paperwork. We are committed to providing comprehensive support beyond the initial setup. All you need to do is provide us with the necessary information. Our team takes care of everything, so you can focus on what truly matters.

About Outcomes

FREQUENTLY ASKED QUESTIONS

In the UAE, a trade license is a legal document issued by the Department of Economic Development (DED) that allows businesses to operate within the country. This license is mandatory for all companies and outlines the specific activities the business is permitted to engage in. The types of trade licenses available include:

* Commercial License: For companies engaged in trading activities.
* Professional License: For individuals and companies offering professional services.
* Industrial License: For businesses involved in manufacturing or industrial activities.

To set up a company in the UAE, you will need the following documents:
* Trade Name Reservation: A list of preferred trade names.
* Initial Approval Certificate: Obtained from the Department of Economic Development (DED).
* Memorandum of Association (MOA): Signed by all partners or shareholders.
* Articles of Association (AOA): Depending on the business structure.
* Passport Copies: For all partners or shareholders.
* Emirates ID and Residence Visa Copies: For UAE residents.
* No Objection Certificate (NOC): For expatriate partners from their current sponsor (if applicable).
* Proof of Registered Address: Tenancy contract or Ejari certificate.
* Bank Reference Letter: For the shareholders (sometimes required).
* Detailed Business Plan: Especially for free zone companies.
* License Application Form: Completed and signed.
* Power of Attorney: If someone else is setting up the company on your behalf.
* Shareholders' Resolution: Approving the setup of the company (if applicable).
* Fee Payment Receipt: Proof of payment for registration and licensing fees.

Starting the visa process in the UAE involves several steps. Here’s a comprehensive guide to help you through the process:
Step 1: Determine the Type of Visa Identify the type of visa you need based on your purpose of stay:
* Tourist Visa
* Employment Visa
* Investor Visa
* Student Visa
* Family Visa
Step 2: Gather Required Documents
* Common Documents:
* Passport: Valid for at least six months.
* Passport-sized photographs: According to UAE specifications.
* Application form: Completed and signed.
* Visa fee payment receipt.
* Specific Documents:
* Employment Visa: Job offer letter, company’s trade license, and establishment card.
* Investor Visa: Proof of investment, company’s trade license, Memorandum of Association (MOA).

A free zone in the UAE is a designated area where businesses can operate with special regulations and incentives, aimed at attracting foreign investment and promoting economic development. These zones offer several benefits to businesses, making them an attractive option for both new startups and established companies looking to expand. Here are the key features and benefits of operating in a UAE free zone:
Key Features of UAE Free Zones
1. 100% Foreign Ownership: Businesses can be fully owned by foreign nationals without the need for a local partner.
2. Tax Incentives: Free zones offer exemption from corporate tax and import/export duties.
3. Simplified Business Setup: Streamlined registration processes with reduced bureaucratic procedures.
4. Repatriation of Profits: Full repatriation of profits and capital is allowed without restrictions.
5. Customs Privileges: Duty-free import and export within the free zone.

In the UAE, the primary difference between free zones and the mainland lies in their regulatory frameworks, business ownership structures, and operational freedoms. Here's a detailed comparison:
Ownership and Partnership Requirements
* Free Zones:
* Allow 100% foreign ownership.
* No requirement for a local sponsor or partner.
* Mainland:
* Typically requires a local sponsor or partner who must own at least 51% of the company (for specific business activities, recent regulations may allow 100% foreign ownership).
Business Activities
* Free Zones:
* Businesses are usually restricted to operating within the free zone or internationally.
* Cannot conduct business directly with the UAE mainland market unless through a local distributor or agent.

In the UAE, trade licenses typically need to be renewed annually. The renewal process should be completed before the expiration date to avoid penalties or business disruptions. Here’s a brief overview of the renewal process:

Trade License Renewal Steps

  1. Prepare Required Documents:

    • Copy of the current trade license
    • Tenancy contract (Ejari) valid for at least one month from the application date
    • Copies of passports of all business partners
  2. Submit Renewal Application:

    • Apply through the relevant government authority (e.g., Department of Economic Development (DED) in Dubai).
  3. Pay Fees:

    • Pay the necessary renewal fees, which may vary depending on the type of business and license.
  4. Receive Renewed License:

    • Once the application and fees are processed, you will receive the renewed trade license.
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