How to Register a Company in Dubai Free Zone Area With Low Cost

Let’s discuss how to register a company in Dubai free zone area if the directors are foreigners. All foreigners prefer LLC company registration process as easier to apply for work permit. Every year foreign companies like Indian companies are attracted to starting business in the UAE. As Dubai is the largest business hub in the world with a mix of multi-culture. 

At a glance of company registration cost, process, time:

• Total estimated cost- AED 30K-40K
• Registration time- 7 days
• Cost of local sponsor- AED 10K
• Work permit obtain- by 30 days
• Income tax rate-Zero % in free zone and 17 percent in mainland
• Open bank account- Emirates NBD, Commercial bank of Dubai and Marsheq bank

The country has great markets and stunning products of the middle east. Conducting a business needs Dubai company registration with the government. Limited Company Registration in Dubai Free Zone is very easy and by following a few simple steps you can register a company in Dubai. 

The whole registration process takes a short time. The best thing about setting up a company in Dubai is that foreign investors can hold 100% control of the company. They can either register a new company in Dubai or open up a branch office as needed.

They should ensure that they have a National Service Agent’s own. That agent should be residing of UAE appointed who will act as their liaison. Without a local agent, registration will not be complete. There are many foreign companies and individuals contact us from: 

• India 
• USA 
• Qatar 
• Thailand 
• Germany 
• Bangladesh 
• Pakistan 
• Turkey and other countries 

They contact us to guide them for Dubai company registration and work permit of the directors. Also, clients contact us to know the company registration process in Dubai. Follow the steps which we will discuss. 

Documents Required for Branch Office 

Before the registration process, there are certain documents that have to be prepare and submitted. These documents are at most from the parent company of their own homeland. The list of requirements includes the following: 

• Certificate of Incorporation in the home country 
• Memorandum and Article of Association of the parent company 
• Audited Financial Accounts of the parent company for the past two years 
• Power of Attorney (issued in favor of the company appointed General Manager) 
• Bank Guarantee issued in favor of the Minister of Economy and Planning 
• The bank guarantee must show an amount of AED 50000. This should renew every year upon approval of Ministry of Economy 
• A ‘Service Agent’ agreement with a UAE national 

Steps of Company Registration in Dubai Free Zone 

Here are the steps of how to register a company in Dubai. Follow the steps to open a Private Limited Company (LLC) in Dubai under FDI Law. Under the guidance of the Service Agent, these steps should be of a minimal hassle. 

Apply For Busines Licence to MEC

The first step is investor will file for business license to Ministry of Economy & Commerce. Along with this application, the foreign entity must submit a Service Agent Agreement. This agreement should clear data that the agent is either a UAE national or a 100% UAE owned company.  

Forward Application to Economic Department

MEC department will forward an application to Economic Department for next step. It will start working when an agreement between the agent and business license is made done.

The purpose should ensure that foreign company like Indian companies feel secure about the local government’s approval. It is crucial to have the local government’s approval to run a business in Dubai 

Application Forward to FFC Committe

Once the job is complete by the Economic Department then again forward the application to FFC Committee. During this stage of processing, nature of business will confirm after justification. This business activity needs approval by MEC. Keep in mind that there are certain activities that are prohibited in Dubai. 

So, it is wise to do a thorough check-up on what is allowed and what is not permitted before setting up a company in Dubai. 

Ministerial Licence

After approval by the Federal Foreign Companies Committee, foreign entities now need Ministerial licenses. The Ministry of Economy and Commerce issues such licenses after verification.

The license will contain detailed information about valid activities. In short, it will state what the company is permissible to do in Dubai. 

Brance Office Permission

Branch offices are permitted by the Commercial Register of the Economic Department. Over here, the required license is provided by the department of UAE.  

Issue a Certificate Of Registration

The last step of registering a foreign company in Dubai is at the Dubai Chamber of Commerce and Industry. You can have look of foreign entity incorporation process. The Government will issue the foreign entity a Certificate of Registration. This is proof that the foreign company has been incorporated. And officially can start the operation without any more fuss in Dubai. 

Dubai Company Registration Cost (AED) 

All are in concern about cost of LLC company registration although amount of fees are not same in all consultancy firms. Some of consultant written cost without local partner and some of them without work permit. And, some of them have written all inclusive fees in a package.

Company Registration Time in Dubai 

Ownership and Type of Company 

Frequently Asked Question