Setup your Company in Dubai UAE

Plethora of people are thinking of establishing an extension of their business or start a new business in Dubai to enjoy several benefits. Team MITRAA will assist you in choosing the right fit for your company and incorporate your company in Dubai and in the UAE.

You no more need a local shareholding in Dubai to open your company here. You can choose to open your company in the Mainland or any of the 40+ freezones Dubai has to offer.

MITRAA provides affordable business incorporation packages without compromising our deliverables and are always there to support you.

Step-by-step process for incorporating your company in the UAE -

Understanding the steps to setup your company in the UAE -

1. Finalize your activity

Determine your business activity in the UAE and MITRAA shall help you narrow down the activities available that best suit your business model and vision. Certain activities are regulated in the UAE which would require prior approval from the authorities.

Activities vary across various freezone if you choose to open up your company in the any of the freezones.

2. Register Trade Name for your Company

Trade names with words that indicate your venture’s nature are recommended because they increase your company’s significance in the industry. MITRAA will assist you in reserving your Unique brand name in the UAE.

3. Choose a suitable business jurisdiction

Business jurisdiction maybe a Mainland, Freezone or an Offshore company. This will be determined by your company’s activities, business model and your vision. Team MITRAA provides end to end business assistance for you to make an informed decision and choose the right fit for you.

Identifying an office space and obtaining Ejari is required to proceed with license registration for mainland companies.

4. Identifying a Manager for the Company

Companies have the benefit of running the day-to-day affairs of the company by appointing a Manager of their choice through a power of attorney on their behalf.

5. Draft Memorandum of Association (MOA)

For Incorporating a Mainland Company, Drafting and Finalising Memorandum of Association is crucial for the day-to-day functioning of your company. The MOA can be tailored to meet the needs of your company. This step is not required while opening a freezone company.

As previously mandated, local UAE shareholding is no more required for most of the activities in Dubai Mainland.

6. Apply for the Business License

Team MITRAA will apply for your business license in the UAE. For mainland business license will be applied to DED. For a freezone company to the respective freezones.

7. Apply for Investor Visa and Emirates ID

Once license is obtained, MITRAA will apply for your entry permit, if required, and from the date of issuance, you will have 60 days to enter the country to complete your Emirates ID process and if required to open your company bank account.

8. Open Company Bank Account

MITRAA will assist you choosing the right bank, if required, to open your account in Dubai. We will assist you in preparing all the documents required to open a bank account in the UAE. Bank account can be opened in the Company’s name or in individual name, depending on the undertaking of the company.

*Please note that the procedure may vary depending on the Freezone or Mainland.