The Most Frequently Asked Questions About Opening A Company In Dubai

Any entrepreneur who dreams of a profitable business is looking for the most suitable place to organize it. Today, there is a great opportunity for business setup in Dubai without even having UAE citizenship.

Naturally, you should not start a new business without finding answers to all your questions, studying the attractiveness of the market, and specifying all the details in advance.

The most common of these questions are discussed below.

FAQ With Answers About Business Setup In Dubai

1. What are the advantages of opening a company in Dubai?

Dubai is a very attractive place for business activities, because here:

• minimal taxes or their complete absence;
• the best banking institutions work;
• political unrest never occurs;
• there are free zones where foreigners can open a UAE company and be its full owners;
• excellent infrastructure that is ideal for doing business.

2. What type of company can I open in the UAE?

The government allows foreign entrepreneurs to work in the emirate by ing a company with a local partner (51% of the shares go to them, 49% of the shares remain with you). Those businessmen who do not want to share profits with local sponsors and transfer a controlling stake to them have free zones at their disposal.

3. What is the best way to open a company?

The most profitable option when opening a company would be to consultants from Dynasty Business Adviser. They provide such services:

• registration of companies of any form of ownership;
• tax planning;
• legalization of documents;
• obtaining licenses;
• opening bank s and much more.

4. How long does it take to open a company and open an with a local bank?

Everything is very individual and depends on many factors: the chosen free economic zone for ing a company, your ability to quickly and correctly complete the required package of documents and fulfill other registration conditions, etc. You can do everything within a few weeks if you are assisted by qualified lawyers.

5. Who can open a company in Dubai?

Registration of a company is allowed, both for legal entities and individuals who are already 21 years old. Although there are restrictions in some free zones, according to which an individual who is not yet 25 years old cannot become the owner of a company. Citizenship, nationality, and even religion do not affect the registration procedure in any way.