Setting up Business in Dubai in Smart and Easy Steps!

Are you planning to set your business in Dubai? Before deciding to start up any business in any industry, make sure you will comply with all the government regulations and procedural requirements. If yes, then setting up a business is an easy process!

There is no need to go hyperventilating thinking about the rules and regulations because Smart Step is here to rescue!

We will help you do all the procedures quick and easy!

Foreign businessmen or investors who want to set up a business in Dubai can select to register their company in Mainland (onshore), Offshore, or in Free Zone (self-regulated area). We, at Smart Step, facilitate hassle-free and quick registration and company formation in any three of those areas.

Why Business Setup in UAE?

UAE is a country that enjoys a reasonably strategic location, large dominant wealth fund, substantial financial reserves, promising investor home economies and reliable government spending. The primary focus of the government is on Economic diversification; therefore, investors and businessman all around the world are welcome here to set up their business.

Long Term Value

Dubai is one of the top cities that provides long-term value to the entrepreneurs.

Government Spending & Support

At Dubai, there is a major port that links 140 ports in 6 countries.

Ease of Doing Business

The globalization is massive in Dubai, which generates major profit for Entrepreneurs.

Stable Economy

The economy remains stable without any sudden changes.

Safety & Security

42,000 millionaires live in Dubai and the crime rate of this city is the lowest.

Excellent Arbitration System

UAE has strict laws, which protests all the entrepreneurs and their businesses.

// Get to Know The Business Environment

Free Zone Company Formation

Many investors do not invest in businesses in the UAE because of the mandatory law of having a UAE national as a 51% shareholder in mainland companies. Whereas in Free Zone companies, the investor enjoys 100% foreign ownership; therefore, free zones have become a popular choice for businessmen across all the UAE.

A Free Zone entity is a designated area that has special tax free status and minimum trade restrictions where goods are produced, assembled, imported/exported or reconfigured without paying any customs duty.

What-is-Freezone-in-UAE
Benefits-of-a-Free-Zone-Company-Setup
// Why Do You Choose Freezone Company Formation in the UAE?

Benefits That You Enjoy…

Along with the 100% foreign ownership, there are some other key benefits of investing in a Free Zone company:

  • 100% repatriation of capital and profits;
  • Administrative support from the Free Zone authorities.
  • No taxes for your income, import/export and corporate activities.
  • Complete access to the markets at GCC and the UAE.
  • You can easily recruit skilled and experienced employees because of no limitations in recruitment procedures
// Steps to go

Freezone Setup Process: How to start
your business in a Freezone in UAE

At SmartStep Dubai, we guide you through each step of your business journey. Although the process is quite detailed, below is an 8 Step Process highlighting the essential incorporation procedure for your mainland company formation in the UAE.

01
Determine your type of business activities
02
Determine
legal
form
03
Finalization
of your
tradename
04
Submit all required document for approval
05
Get notified
when licence
is issued
06
Open
your Bank
Account.
07
Get your
immigration
card
08
Get your visa processed if applicable

Type of Business Licence of Freezone Company Formation in the UAE

The type of trade license you require for your Freezone company in UAE depends on what kind of business are you going to conduct. Below is the kind of license for Freezone company formation in the UAE.

General Trading Licence

This type of license allows you to do trading activities such as import and export, and deal with them in the trade and distribution of goods and commodities.

Industrial Licence

With an industrial license, you are permitted to manufacture, package, and process.

Service Licence

If you are looking to offer professional services such as accountancy or consulting, then this type of license is the ideal choice.

National Industry Licence

If the UAE government has acquired at least 51% Ownership of your manufacturing business in the UAE, you need to apply for a National Industry Licence.

Innovation Licence & Tech Start-Up Licence

This type of license is provided only by select free zones and is usually only granted to tech startups with a focus to scale regionally and to Tech start-ups aligned with the UAE National Innovation Priority Sectors. This type of license is not available for technology service providers.

E-commerce Licence

In UAE you must legally register your online store to sell goods. This type of license enables you to carry out e-commerce activities.

Freelance Permit

The Freelance permit, in essence, is not a trade license but rather a permit that enables you to offer services and expertise as a sole practitioner. You cannot employ staff. The permit can be considered as legal permission for you to render your services as an independent, individual contractor. The permit holder can also apply for VISA him once the permit is issued. Once his VISA is stamped on the passport, he can sponsor his family visa.

Dual Licence (Abu Dhabi)

All the free Zone companies in Abu Dhabi can apply for a Branch of Free Zone company license from DED Abu Dhabi, without the requirement of an Emirati National as the LSA(local service agent) and Office space in the Mainland. The free Zone will act as the LSA and the companies office space in the free zone will be the office of the branch.

List of free zones in the UAE Dubai

  • Jebel Ali Free Zone (JAFZA)
  • Dubai Multi Commodities Centre (DMCC)
  • Dubai Airport Free Zone (DAFZA)
  • Dubai World Trade Centre Free Zone (DWTC)
  • Dubai Science Park
  • Dubai Car and Automotive City Free Zone (DUCAMZ)
  • Dubai Design District
  • Dubai Gold and Diamond Park
  • Dubai Healthcare City (DHCC)
  • Dubai Industrial City (DIC)
  • Dubai International Academic City
  • Dubai International Financial Centre (DIFC)
  • Dubai Internet City (DIC)
  • Dubai Knowledge Village
  • Dubai Logistics City
  • Dubai Media City
  • Dubai Outsource Zone
  • Dubai Silicon Oasis
  • Dubai Studio City
  • Dubai Techno Park
  • Dubai Technology and Media Free Zone
  • International Media Production Zone ( IMPZ)
  • Abu Dhabi Global Markets (ADGM)
  • KHALIFA INDUSTRIAL ZONE ABU DHABI (KIZAD)
  • Twofour54
  • Masdar City Free Zone
  • Hamriya Free Zone (HAFZA)
  • Sharjah Airport International Free Zone
  • Sharjah Publishing City Free Zone
  • Sharjah Media City Free Zone (SHAMS)
  • Fujairah Free Zone
  • Fujairah Creative City
  • International Free Zone Authority (IFZA)
  • Ras Al Khaimah Economic Zone (RAKEZ)
  • RAK Maritime City Free Zone Authority (RMCFZA)
  • Ajman Media City Free Zone
  • Ajman Free Zone
  • Umm Al Quwain Free Trade Zone (UAQFTZ)