Category: UAE Company Setup

The challenges of finding a local UAE sponsor – and how to overcome them

The UAE is a region brimming with potentially lucrative business opportunities that never fail to attract savvy entrepreneurs. When it comes to setting up in the UAE as a foreign businessperson, there are basically two options: you can start a business in a free zone or launch a mainland company. While there are opportunities in both, there’s a wealth of lesser-known advantages in favour of setting up a mainland company. It’s no wonder many entrepreneurs opt for the benefits that lie here. But there is one step in this process which can cause issues, and that is finding a local UAE sponsor. In this article we explore how to overcome this challenge.

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Are managed office spaces the smarter choice for your UAE startup?

Choosing the right office space or working environment for a startup is on the list of essentials and a ‘one size fits all’ approach simply doesn’t work here. Recent years have seen a real shift in the way we work and how office spaces are perceived. The rise of the managed office has been a slow and steady one but these days many businesses are reaping the benefits of this style of working environment. But what are the real benefits of opting for this type of office when starting a new business?

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LLC company formation in Dubai and the UAE: Everything you need to know

Setting up a company anywhere in the world can be daunting, and the UAE is no different. While the business landscape here in the Emirates is certainly accommodating, the various types of companies that may be set up here can seem a little confusing, particularly for first time entrepreneurs. Today we look at one specific mainland option – the LLC. The LLC is the most common type of business in the UAE, an independent legal entity owned by multiple shareholders, established on the UAE mainland. It has low startup costs and full access to the wider UAE marketplace. If that sounds like you, here’s everything you need to know about LLC company formation in Dubai and the UAE.

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Dubai Knowledge Park company setup

Dubai Knowledge Park differs from other free zones (both in the UAE and beyond) as it is the world’s only free zone dedicated to human resource management and learning excellence. Located adjacent to Palm Jumeirah, DKP is home to hundreds of businesses including NGOs, HR management and consultancy firms and testing centres. So let’s take a look at the specifics to find out whether Dubai Knowledge Park company setup is right for you and your business.

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Do life partners make good business partners?

If the marriage of true minds is free from impediments, as Shakespeare almost said, it doesn’t necessarily follow that a strong and enduring personal relationship will translate into a long-lasting and profitable business partnership. And yet, many life partners do bond happily in business. So is there a formula for success and a set of personality traits and behaviour patterns that are good for business? Is there such a thing as commercial chemistry? The answer is yes and no. In this article we look at whether life partners make good business partners.

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How to start an events company in the UAE

Around the world, the events industry is booming. Last year’s American Express Meetings and Events 2016 Forecast predicted the largest growth globally in spend since 2011, while Alpen Capital noted the ‘GCC hospitality industry remains firm on its growth trajectory.’ Focusing more closely on the UAE, the events industry here is very much in keeping with this global and regional trend, welcoming millions of global visitors annually. Needless to say, this has left many entrepreneurs wondering how to start an events company in the UAE. In this article, we show you how it’s done.

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Ready for a new chapter in your working life?

Here’s what happened when two people, from different countries, with very different skillsets, followed a dream to start a business in Dubai.

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General trading license in Dubai and the UAE

Exploring the various license options can be daunting for first-time entrepreneurs in the UAE. The answer to the question, ‘Which license?’ depends almost entirely on the nature of your business activities. Companies wishing to import, trade and export goods and products such as food, furniture, electronics or clothes must apply for a general trading license. This allows businesses to trade not only locally within the UAE but also with markets around the world. What’s more, a general trading license enables companies to trade in mixed goods. In practical terms, that means a business could import, export and trade any number of products – such as cosmetics, building materials and toys – all under the same license. And the best part is, applying for a general trading license in Dubai and the UAE is extremely straightforward. In this article we look at how to go about it.

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Dubai Internet City (DIC) company setup

If you’re thinking of setting up a business in the UAE, you’re likely to be familiar with the country’s many free zones. They catch the eye of entrepreneurs from all corners of the world as they offer a number of extremely attractive benefits – starting with 0% corporate and personal tax, 100% company ownership, 100% repatriation of capital and profits, and 100% import and export tax exemption. And that’s just to name a few. So, if you’re interested in setting up in a UAE free zone and are considering your options, here is everything you need to know to decide whether Dubai Internet City is right for you. 

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Man going to set up a business in Dubai free zone

Business setup in a Dubai free zone

If you’ve spent any time at all researching how to get your business set up in Dubai, you’ll be familiar with the city’s many free zones. Understandably, they tend to catch the eye of foreign entrepreneurs looking to set up here. Why? Well a host of benefits including zero corporation and personal tax, 100% company ownership, 100% repatriation of capital and profits, no currency restrictions, and 100% import and export tax exemption certainly add to the appeal. If stats like these are tempting you to take the plunge and launch your own company in the UAE, here is everything you need to know to get your business set up in a Dubai free zone.

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