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Setting up a Company in Dubai
For detailed information +90 542 381 3868 'Call.
Specializing in company formation and accounting services in Dubai, World Company Setup offers professional solutions for entrepreneurs and investors to take full advantage of Dubai's advantages. Dubai's tax advantages, strategic location and business-friendly environment make the company formation process attractive. World Company Setup offers a fast and reliable process for free zone, mainland or offshore company incorporation in Dubai, enabling its clients to fulfill the legal requirements. It also provides comprehensive support at all stages, including company management, visa applications, financial advice and trade licenses.
Different types of companies are available in Dubai. Free zones (Freezone) and Mainland, i.e. Mainland, offer the advantage of 100% foreign ownership to set up a company in Dubai and reduce operating costs with lower tax rates. Company types LLC, FZCO, FZE etc. can be established in extensions and most of them are similar to Limited Liability Company in Turkey. After setting up your company, you can open a corporate bank account in Dubai and easily manage all your business transactions with this bank account.
Opening a company in Dubai has become a favourite for entrepreneurs with its business-friendly environment and strategic location. Opening a company in Dubai offers ample opportunities in both local and international markets. Before opening a company in Dubai, it is important to clarify in which sector you will operate. There is great potential in areas such as tourism, technology, finance and construction.
Among the advantages of setting up a company in Dubai, the unique opportunities it offers for entrepreneurs stand out. Dubai is known for its low tax rates. The corporate tax rate for local companies is usually 9%, but for many free zone companies the tax benefits are even higher. Also, the absence of income tax in Dubai allows entrepreneurs to increase their profits. The main advantages of opening a company in Dubai:
100% foreign ownership.
100% repatriation of capital and profits.
Zero income tax.
0% corporate tax up to AED 375,000.
Zero import or export tax.
Remote process for company incorporation.
Wide range of permitted business activities.
Company formation with and without residency.
Easy trade to all gulf countries.
Tax incentives offered by Dubai to businesses.
Bank account opening processes in Dubai are important to manage your affairs and facilitate your financial transactions. There are many banks in Dubai and each of them offers different services. It is important to choose the one that suits your needs among international and local banks such as Mashreq Bank, ADCB Bank, FAB Bank, HSBC, Emirates NBD, Dubai Islamic Bank and Standard Chartered. The types of accounts, fees and terms of service offered by each bank differ.
World Company Setup provides consultancy and execution services, preparing the necessary documents to open a bank account in Dubai. After company formation in Dubai, Dubai ID and residence permit are required to open a company bank account in a local bank. At the same time, you can also open a company bank account for your company established in Dubai in banks in Turkey. After opening a bank account in Dubai, you can easily manage your transactions by using online banking services. You can use online platforms to pay your invoices, transfer money and follow your account movements.
After establishing a company in Dubai, Dubai citizenship or residence permit is required to open a company bank account in a local bank. After your company setup is completed, you can open an account in a local bank by obtaining a Dubai residence permit. At the same time, it is possible to open a company bank account in banks in Turkey for your company established in Dubai.
The cost of company formation in Dubai depends on factors such as the type of business activity, the jurisdiction to which the company is subject and the approvals and certificates required. The average cost of company formation in Dubai varies from AED 13,000 to AED 24,000. World Company Setup, which has been helping entrepreneurs with company formation in Dubai for many years, has created a cost list based on current and standard business setup costs in Dubai.
Company Formation in Dubai Mainland; Company Formation in Dubai Mainland
Company Formation in Dubai Free Zone; Company Formation in Dubai Free Zone
Establishing a company in Dubai can be an attractive option because the city stands out with its low tax rates, strategic location, and business-friendly environment. Here are answers to important questions about the process of establishing a company in Dubai: There are certain steps and requirements for establishing a company in Dubai. These include: Choosing the Type of Company: There are different types of companies you can establish in Dubai: Mainland, Free Zone, and Offshore companies. Business Plan: In order to establish a business in Dubai, you may need to prepare a business plan for your business activities. Permits and Licenses: In order to operate in Dubai, you need to obtain a trade license appropriate to the relevant sector. This can be obtained from the Dubai Department of Economic Development (DED) or the relevant Free Zone authority.
The time it takes to form a company in Dubai varies depending on the type of company and the speed of the process. On average: Free Zone Company: Can be established in 1-2 weeks. Mainland Company: Can take 3-4 weeks as some additional permits may be required. Offshore Company: Can usually be established in 2 weeks.
The cost of setting up a company in Dubai varies depending on the business line, the emirate and region where you want to set up a company. World Company Setup’s consulting services guide you to ease the process of setting up a business in Dubai. These services include support with company formation, visa procedures, trade licenses, bank account opening, accounting and other legal requirements.
Yes, it is possible to establish a company in Dubai and reside there. Establishing a company allows you to obtain a residence visa in Dubai. This visa is valid not only for managing your business but also for your long-term stay in Dubai. You can also apply for visas for other employees through your company.
A virtual office in Dubai is a service used to manage your business without renting a physical office space. A virtual office provides your company with an address, phone line, and mailbox. This option is especially important for entrepreneurs in the early stages to reduce costs.
Investors need a work and residence visa to establish a company in Dubai. The most common visa types are: Investor Visa: An investor visa can be obtained together with the establishment of the company. Work Visa: This is the visa that must be obtained to work in a company in Dubai. Freelance Visa: This is a suitable visa type for those who want to work as a freelancer.
+90 542 381 3868
+971 58 5204103