Entrepreneurs wanting to start a business in the UAE have the option to choose to register their company in Mainland (onshore), a Free Zone, in Offshore or have a dual license (in Mainland and Free Zone).
Choosing the right location and holding the right license for your business is crucial in order to operate correct and legally.
While each location, jurisdiction and license type has its benefits, we at Bizzmosis are always impartial in our partnerships with all UAE jurisdictions and always offer our client best available options, cost-effective, legal and growth accommodating company types in correct jurisdiction.
UAE MAINLAND COMPANY SETUP
Also known as a ONSHORE COMPANY which means the business is able to work throughout the UAE mainland, reaching the local and international markets, as well as operating across all UAE free zones without any limitations.
Department of Economic Development – Dubai (DED)
The Department of Economic Development (DED) is the government body entrusted to set and drive the economic agenda of the emirate of Dubai, UAE.
The DED supports the structural transformation of Dubai into a diversified, innovative service-based economy that aims to improve the business environment and accelerate productivity growth.
Department of Economic Development – Abu Dhabi (AD DED)
The Department of Economic Development in Abu Dhabi (AD DED) is the government entity entrusted to set and drive the economic agenda of the emirate of Abu Dhabi, UAE. Its mission is to be a stakeholders-focused organization that is capable of enabling sustainable economic development in Abu Dhabi, encouraging competitiveness and ensuring the welfare of Abu Dhabi’s community.
DED Mainland/Onshore type of companies | Requirements | Benefits | other details here
UAE FREE ZONE COMPANY SETUP
If you want 100% ownership of your company, then Free Zones provide this to you. You are, however, limited to working within the Free Zone that you choose, or internationally. You won’t have access to the wider mainland. Each Free Zone provides different licenses for businesses. To help you on the right road, we have summarized some highlight information for you to help you understand the direction that you wish to take.
UAE Free Zones | Benefits | other details here
UAE OFFSHORE COMPANY SETUP
Offshore businesses are increasingly coming under international government scrutiny, so setting up these businesses correctly at the outset is paramount. This type of business set up is often requested by businesses who are already formed in other countries and want to have a UAE registered company and bank account normally for tax and investment reasons.
This structure will not allow offices in Dubai. Nor will it allow businesses to hold visas or operate business wise locally.
They are recognized as a framework to support safety, and because they are a reliable and cost-effective way of doing business.
UAE Offshore company Benefits | other details here
UAE COMPANY LIQUIDATION
No matter what type of business you own in UAE, it is required to cancel the business license and all related permits associated with it when you have made the decision to liquidate the business.
Closing down a business in UAE requires a lot of steps, processes and documentation, attestations and approvals from Government Authorities. To save time and effort, requesting the assistance of a well experienced Business Consultant is best when you decided the close a business in Dubai.
Dubai Mainland & Free Zone company liquidation Requirements | Steps | other details here
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