Dubai company registration takes not more than 7 days. Investors can choice either tax free zone or mainland to register company.
Income tax rate is zero if company is registered in the territory of UAE free zone. On the other hand, income tax rate is 17 percent if the company is located in mainland.
There are minimum 2 partners are required where one is local citizen can act as sponsor. Foreigner can own full shares of the company (condition apply).
Limited company registration in Dubai cost is AED 40000 maximum. The said cost is inclusive:
- Trade License
- Memorandum & Article of Association
- Submission to DED
- Receive final copies
Dubai company registration documents are as follows:
- Passport copy of the foreign shareholder
- Passport copy of the local sponsor
- Emirates ID
- Basic information
- Office agreement copy
To register LLC in Dubai, local sponsor is required cost AED 10000 yearly. Make an agreement with local partner for safety of both parties.
Bank Account Open
All banks are not friendly to open business account for foreigner.
- Dubai Islamic Bank
- Abu Dhabi Commercial Bank
- Emirates National Bank
- Mashreq bank
Work permit application
It takes 30 days to get approval of work permit application. The following papers are required for the applicant:
- Appointment letter
- Academic certificate
- Police clearance
- Open bank account
Work permit is approved for 3 years and 5 years, cost is AED 3000 and AED 5000, consequently.
Contact us: +601151177141 (WhatsApp)