Business Formation in Dubai, UAE
Business formation services are more popular than ever due to the growing business opportunities in the country. In addition, key factors like government support, a vast network of local and international banks, no corporate or personal tax, 100% foreign ownership make the UAE a good destination for setting up your business.
Further, our solutions for business formation in the UAE allow you to focus on important activities while we take care of this process on your behalf.
The UAE is home of thousand international businesses. Similarly, there are more than 40 trade zones that offer benefit packages for setting up a company in the region. Likewise, as we mentioned earlier, these trades allow ex-pats to own 100% shares in their organization as well as employ workers from any country.
There is total freedom for starting a business in Dubai, it does not matter if you are a UAE national or an ex-pat. Bank account opening is also really easy for foreign individuals; however, we also take care of this process on your behalf.
Business formation in the UAE starts from AED 25,000 in the mainland jurisdiction. However, foreign investors and entrepreneurs can also set up a civil business with a single shareholder and local agent starting from 20,000. Most importantly, UAE and GCC nationals do not require a local service agent in order to open a civil organisation.
Why should you choose our business formation solutions?
Business formation in Dubai across the 3 main jurisdictions varies depending on the documentation, legal framework, and approval required from the government. In other words, our expert formation solutions will provide you with guidance and counseling for the formation process in Dubai; ensuring you have a hassle-free registration.
Similarly, Freezones in the UAE allow 100% ownership to investors. We can also assist you with end-to-end company incorporation solutions based on your unique requirements.
On the other hand, there are 7 emirates in the UAE. However, each Emirate has its own free trade zones having special importation and exportation regimes, taxes, and customs. For some people, free zones in Dubai are the best choice for establishing a business for foreign individuals. Similarly, free zone businesses enjoy 100% foreign ownership, world-class infrastructures, visa quotas, no taxation, and more.
Our company formation in the UAE solutions allows you to have a straightforward and easy process. Free zone formation can become an overwhelming process; especially if you are on your own. In Connect Group we will be happy to assist you when you need it.
How can Connect Group assist you in the business formation process?
We have been in this field for more than 2 decades assisting businesses with their company formation in the UAE. Therefore, this led us to obtain the expertise we need to guide you in this process. We offer outstanding solutions for all types of trade licenses, business setup, and visa requirements.
In addition, in Connect Group we provide you with all the right business incorporation and documentation so you can access the best office spaces. Similarly, we make the process of business formation in Dubai hassle-free and simple; this way you can sit back while we take care of the process on your behalf.
Our innovative company formation solutions are a popular choice for businesses, traders, and retail companies; there is a massive expansion scope by opening up and adding more branches for retail stores. In the same vein, in Connect Group we will help you to set up wherever you want in the UAE; making the incorporation process simple and easy.
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If your business chooses the do-it-yourself approach; the first thing you must undertake is to set up a local entity via registration and incorporation. However, this will be an expensive and consuming process, requiring accounting and skilled legal support to ensure the most important thing in this area; compliance.
Similarly, of course, there are some businesses that can bear the cost and time of setting up a branch office; but there are some instances where taking advantage of a local EOR service provider like us is a better option. In addition, we have an already existing legal entity that will handle immigration and labor requirements in the UAE. Further, we have massive expertise being the intermediary between the organization and its workers; ensuring full compliance with all regulations and laws.
In the UAE, immigration policies and regulations are constantly changing. Moreover, there is more scrutiny by the government regarding visas, types of organization activities, and work permits. Thus, this makes compliance the most important challenge for relocating businesses since immigration violations have several consequences for a business and the involved.
However, instead of risking non-compliance issues with the immigration authorities; many businesses decide to work with us through our EOR and PEO services. Likewise, with this practice, your staff working in the UAE will have no problems with the overuse of business visas, multiple entries, and remote payroll. That is to say, we will handle all visa and work permit necessities and avoid complications from the immigration authorities.
Most countries will mandate businesses with workers on assignment to manage a payroll complying with the local standards and a registered entity. Similarly, this practice of “remote payroll” is not always allowed, especially for long-term assignments.
Likewise, a key aspect of doing businesses in the UAE is the withholding and calculation of the different pay deductions, such as health insurance, taxes, and pensions. We take care of these crucial areas; ensuring full accurate compliance for all your business workers. EOR and PEO services are your best employment solution; we provide the needed legal entity to run payroll with experience in tax regulations. Therefore, ensuring an issue-free process with the local authorities.