How to setup a Company in Dubai from UK?

Dubai is a popular business destination and an investor favorite center for setting up a company. The City of Dubai offers a wide range of business benefits for entrepreneurs. Registering a Company in Dubai from UK is a relatively easy process with most of the coordination of investors, Free Zones, and Business Consultants happening through online platforms.

Setting up Company in Dubai from the UK is always in high demand as many foreign investors are aiming at making Dubai their base for the business. UK Citizens can setup a company in Dubai from being at the comfort of their home.

UK Citizens can register a company in Dubai via seeking assistance of experienced business consultants like Pro Consultancy UAE. The required documents can be sent online to the Business Consultant and they will coordinate the process of company setup in Dubai.

Why do Investors Prefer Dubai for Company Registration?

Dubai is the perfect choice for UK Citizens to start a company easily. There are numerous business benefits for an investor from UK in Dubai.

The 100% foreign ownership, low taxation rates (only 5% VAT charged), no corporate tax, enormous business infrastructure, etc., are a few reasons why Dubai tops the choice for investors to settle down and start a business in the region.

Additionally, the strategic location of the city, global connectivity, geopolitical stability, and the growing business ecosystem makes it a perfect choice for entrepreneurs from around the world for doing business seamlessly.

Dubai stands No.1 in the Ease of Doing business index in the Middle East region. The Free Zones in the region play a significant role in bringing in foreign entrepreneurs and easily establishing their businesses in UAE.

Company Formation Process in Free Zones of Dubai

The Company Formation process in most of the Free Zones in the UAE is remote and can be initiated online. However, it requires the expert assistance of Business Consultants for choosing the right business activity, business license type, office space, additional approvals, etc. Pro Consultancy UAE will assist foreign investors from around the world with the right company formation package depending on the investor’s exact business requirements and budget constraints.

The company formation process in the UAE Free Zones is straightforward and follows a set procedure. UK Citizens can benefit from the online company setup and get in touch with the best business setup consultants in UAE.

For foreign investors from the UK or anywhere in the world can get in touch with the expert business consultants like Pro Consultancy UAE to remotely handle the request for company incorporation and register a company in UAE.

Steps in Setting Up a UK Company in UAE Free Zones?

Setting up a UK company in UAE follows certain procedures to ensure the smooth registration of the company in the Free Zones. Following are the steps in setting up a company in UAE Free Zones.

• The trade name is an important aspect in starting a new company in UAE. It will be used in many of the company assets including the trade license, company stamp, marketing. client communication and more.
• Choose the right business activity, company structure, Free Zone facilities depending on the nature of the business. Pro Consultancy UAE will assist you in choosing the right Free Zone depending on the specific business requirements.
• Prepare the application form, fix the tradename, attach the shareholder details (passport copy, photographs) and make the required fee payment to the Free Zone.
• Prepare the tenancy contract for the office space. Pro Consultancy UAE will assist in locating the exact office space for your business and coordinate with the Free Zone for the paperwork and issuing of the office keys.
• Once the documents are submitted for review and the business license fee is paid to the Free Zone, there will be a review process.
• The Business License will be issued by the Free Zone to the investor. It enables them to start doing their intended business activity specified in the trade license.
• After receiving the trade license, the investor can apply for a UAE residence visa and corporate bank account for the company.
• Foreign investors must be physically present for the medical examination and process the Emirates ID application in case they want to apply for the UAE Residence Visa.

Also, for the UAE banks, there is a requirement that the investor must be physically present for opening the bank account as part of the compliance procedures. However, many banks conduct the verification online due to the prevailing pandemic around.

List of Free Zones in UAE that is ideal for Investors from the UK

Following is the List of Free Zones that are perfect for entrepreneurs from the UK to set up a company in the UAE. Free Zones in UAE offers the perfect Launchpad for foreign investors to easily start their dream venture in the country.

There are enormous business benefits for foreign investors when it comes to setting up a company in the UAE Free Zones. Foreign expatriates can benefit from the Double Taxation Avoidance Agreement (DTAA) and avoid paying double taxation and secure their revenue earned in UAE.

1. Dubai Airport Free Zone

Dubai Airport Free Zone is one of the top-rated Free Trade Zones in UAE that houses the world’s best companies and start-ups. It is the perfect choice for UK based Investors for setting up an office.

The Free Zone has a prestigious Dubai address for its investors and also offers a host of business activities across various sectors. The Free Zone has companies spread across consulting, aviation, logistics, engineering, heavy machinery, trading, aircraft maintenance, and many more.The proximity to the Dubai International Airport makes it a popular choice for investors from UK. The accessibility, world-class infrastructure, warehousing facilities, customized office spaces, etc., are ideal for entrepreneurs to easily start operating their businesses.

Read more about DAFZA here.

2. Dubai Silicon Oasis – IFZA

Dubai Silicon Oasis -IFZA is a dynamic Free Zone that offers attractive business setup packages for investors from UK across trading, commercial, and service-related activities and more.

The cost of a business license in the IFZA Free Zone is AED 17,900. The investor will get one visa quota as part of the company setup package. The Free Zone offers various business license packages ranging from Zero Visa Quota to more than 6 Visa Quotas.

Also, the Free Zone offers a wide range of business activities for the investors to choose for their company. The robust infrastructure and business support services make the Free Zone a popular hub for the UK based entrepreneurs.

Read more about IFZA here.

3. Dubai Multi Commodities Centre

Dubai Multi Commodities Centre is one of the world’s largest Free Zone with numerous services, trading, and commercial companies operating across multiple floors and buildings.

DMCC Free Zone has more than 81 buildings around the Jumeirah Lakes Tower area that provide office space facilities on a rental. lease contract basis to the investors. The JLT region is a growing business hub with companies across the various business sector.DMCC is a perfect place for the start-up as they have a wide range of Flexi-desk, shard office, and shared desk facilities that are ideal for start-ups to thrive.

Also, the business ecosystem provides ample opportunity for the collaboration of start-up teams to achieve collective success. The incubators and start-up accelerators in the Free Zone will support the start-up growth greatly.

4. Sharjah Media City

Sharjah Media City is another fastest-growing Free Trade Zone in the Emirate of Sharjah. It offers a host of attractive company formation packages for foreign investors.

The Free Zone provides investors with numerous freelance packages and multi-year license options. It is an ideal choice for UK based investors who want to start small and keep the company setup cost low.

SHAMS has a robust company formation process and investors can get their business license in less than 2 Working Days from the day of document submission and fee payment.

Hence, in a nutshell, an investor from the UK can easily set up a company in Dubai with the assistance of an expert Business Consultant.

The Free Zones of UAE play a vital role in bringing in more foreign investment as well as the investors to the UAE for settling down and registering the company in the country.

To know more about the special business license packages and attractive offers from the Free Zones of UAE, connect with our expert business consultants right away!