Civil Company Formation in Dubai - How to set it up in UAE?

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Civil Company Formation in Dubai- How to set it
up in UAE?
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Introduction

• UAE in general and Dubai in particular offers a
  plethora of lucrative advantages to business
  community. State of the art infrastructure,
  strategic location, impeccable ethos,
  transparency, amazing government support and host
  of incentives are some of those bright spots that
  beckon business entities from across the globe.
• Although Dubai offers several types of company
  formations the one which thrills certain section
  of aspirants is civil company formation.

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So, what is civil company formation in Dubai? But
before that, let us understand the dynamics and
metrics of setting up any kind of business in
Dubai.
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• Dubai offers three main jurisdictions for
  enterprising entities Mainland, Free Zone and
  Offshore.
• While the first option requires a local partner
  who by default will hold 51 stake in the
  company, the second option allows 100 ownership
  with a bouquet of incentives such less corporate
  tax and personal tax as well and 100
  repatriation of profits.
• However, mainland business opportunities in both
  the cases are simply off limit.

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• Offshore option is chosen by businesses for the
  same set of reasons, similar to free zone, but
  with a different set targets and goals.
• Once an appropriate jurisdiction is selected the
  next step is to apply for a relevant license.
• Business entities need to understand that
  licenses for mainland are issued by Department of
  Economic Development, and for free zone and
  offshore, respective authorities are responsible.

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• Department of Economic Development issues three
  different types of business licenses
• Commercial License
• Industrial License
• Professional License

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• And the types of companies that can be registered
  under these licenses include
• Limited Liability Company
• Civil / Professional Company
• Joint Venture Company
• Private Shareholding Company
• Public Shareholding Company

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• Of all the above mentioned company formations,
  Civil Company offers the best of both worlds,
  i.e. 100 ownership and access to mainland
  business opportunities.
• The question is how to start civil company in
  Dubai?
• The answer is really simple. Get a professional
  license in Dubai. However, a point to note -
  professional license setup in Dubai is only meant
  for professionals such as doctors, accountants,
  lawyers, legal consultants, management
  consultants and engineers, and these business
  entities must hold professional qualification/s
  in their field of expertise.

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• Nonetheless, a local service agent, basically a
  UAE national is still required as a liaison
  between the said entity and the government
  department/s.
• This agent applies for various approvals,
  license, permits, visas etc.
• Business Link UAE with a dedicated and qualified
  staff provides a one stop solution for
  professional license in Dubai as well as
  professional company formation in UAE.

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• Mentioned below are some of the salient features
  of Professional / Civil Company formation
• Professional / Civil Company can only be created
  for professional services.
• The owners / partners must be qualified
  professionals in their chosen area of expertise.

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• 100 ownership allowed. Access to mainland for
  business opportunities allowed.
• Services of a local agent still mandatory.
• Non professional activities such as trading /
  manufacturing activities disallowed.

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Conclusion

• Business Link UAE, a company formation consultant
  in Dubai can help you start professional company
  or any other type of business setup in Dubai, UAE.

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About us
Business Link UAE Contact No 971 55 6070
118, Telephone No 971 43 215 228 Email Id
Info_at_businesslinkuae.com Address Oasis Center,
3rd Floor, 104, Sheikh Zayed Road, Dubai,
UAE www.businesslinkuae.com
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THANKS!
Any Questions?
You can contact us at 971 43 215 228
Info_at_businesslinkuae.com
971 43 215 228
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