Importance of Company Registration & Renewal in Dubai, UAE
Starting a business in Dubai requires company registration in UAE, which has a validity period of one, two, or three years. To avoid disruptions and ensure smooth operations, it’s crucial to renew your registration before the expiry date. The renewal process can be complex and requires knowledge of the latest regulations. Milestone’s business registration experts can guide you through the process and ensure your business stays compliant.
- Maintaining Business Compliance and Avoiding Penalties
- Ensuring Business Continuity
Benefits of Company Registration in Dubai, UAE
Setting up and registering a business in Dubai offers numerous advantages, such as no capital gains tax, easy investment opportunities for foreign investors, tax exemptions, no capitalization requirement, and no value-added tax or sales tax. Additionally, there are many new business opportunities. We provide company registration services for both Free Zone companies and Offshore companies.
- 100% Foreign Ownership
- Tax Advantages: No Corporate Income Tax, No Capital Gains Tax
- Strategic Location and World-Class Infrastructure
- Multiple Company Formation Options: Mainland, Free Zone, and Offshore
Our team of expert business advisors has accumulated years of experience in setting up new businesses in Dubai. We are well-versed in company registration and are eager to assist you, regardless of the type of business you own. We offer top-notch business registration and renewal services tailored to the type and structure of your company. We aid in drafting documents, and attestations, following up with authorities, and handling of legal aspects.
Milestone assists with company registration in Dubai, UAE for all business types, including:
- Limited Liability Companies (LLCs)
- Free Zone Companies
- Offshore Companies
We provide comprehensive support throughout the process of company registration in Dubai, UAE. Our experts will guide you through the company formation process in accordance with the UAE’s company registration regulations. We ensure compliance with all applicable regulations throughout the process.
- Business structure selection
- Name reservation
- Document preparation and attestation
- Liaison with government authorities
Simplified Business Renewal Services in Dubai, UAE
We help businesses continue with our company renewal services by assisting our customers throughout the process so that they carry on their business activities without any hindrance. We take care of the time when the renewal gets due for the company by sending regular reminders sometimes to help them avoid legal implications and penalties.
Renewing your commercial license in Dubai is essential to maintain legal operation. Milestone takes the hassle out of renewals by
- Sending timely renewal reminders
- Assisting with document collection and submission
- Ensuring timely processing to avoid penalties
Our services help you focus on running your business while we handle the administrative tasks.
Documents Required for Company Registration in Dubai, UAE
The specific documents required for registration vary depending on the chosen company structure and business activities. Milestone can guide you through the specific requirements and ensure you have all the necessary paperwork. Here are some general documents required
- Memorandum of Association (MOA)
- Shareholder passports and visas
- Business plan
- Local Service Agent (LSA) appointment (if applicable)
Hassle-Free Process of Company Registration in Dubai, UAE
The registration process for offshore companies takes a maximum of 5 working days. For a free zone company, it can take between 10 working days and 6 weeks. Additional time may be required if special approvals from government authorities are needed. The registration process in Dubai is conducted securely. It provides the investor with various benefits like tax exemptions, etc.
Milestone’s experienced consultants will guide you through every step of the company registration process, including:
- Initial consultation to understand your business needs
- Selection of the most suitable company structure
- Preparation and submission of registration application
- Government liaison and obtaining approvals
The registration timeframe varies depending on the company structure and any required government approvals. Milestone will keep you informed throughout the process.
Frequently Asked Question (FAQs)
Can I operate under a single business license in Dubai?
No, business licenses in Dubai are issued based on the specific nature of your business activities. Milestone can advise you on the appropriate license type for your operations.
Do I need to renew my business license annually?
Yes, company license renewal is mandatory in Dubai every year. Milestone can assist you with the company registration & renewal in Dubai, UAE process to ensure your business remains compliant.
What happens if I don't renew my business license?
Failure to renew your license can result in fines from the Department of Economic Development (DED), suspension of your corporate bank account, and potential business closure.
How can Milestone help with business registration and renewal in Dubai?
Milestone provides a complete solution for company registration in Dubai, UAE and renewals. We handle all the complexities of the process, saving you time and ensuring compliance.
How long does it take for a company registration in Dubai, UAE?
The registration process typically takes between 1 to 4 weeks, depending on the business structure and completeness of the documentation.
Can a foreigner fully own a company in Dubai?
Yes, in Free Zones, foreigners can own 100% of the company. For Mainland companies, a local sponsor (UAE national) is required with at least 51% ownership, although recent reforms have allowed 100% foreign ownership in certain sectors.
Do I need a physical office to register a company in Dubai?
Yes, having a physical office is mandatory for both Mainland and Free Zone companies. The size and type of office may vary based on the business activity and licensing requirements.
Can I change my business activity after registering my company?
Yes, you can change your business activity by applying for an amendment to your trade license. This involves obtaining necessary approvals from the relevant authorities and paying applicable fees.
Can I conduct business outside the UAE with a company registered in Dubai?
Yes, companies in Free Zones and Offshore companies are primarily set up for international business. Mainland companies can also engage in international trade, subject to compliance with UAE laws.
Do I need to hire a local lawyer for company registration in Dubai, UAE?
While not mandatory, hiring a local lawyer or business consultant can simplify the registration process, ensure compliance with local laws, and handle legal documentation efficiently.
