Dubai keeps attracting more and more foreign investors due to the excellent facilities and infrastructure it offers, but also because the UAE is a considered a tax-free country. However, great attention must be paid attention when opening a company in Dubai because each step must be planned carefully and they will need a local agent to handle the company registration procedure.
Foreign investors can set up several types of companies in Dubai depending on their business objectives. Before deciding on the type of company they must select the category of business license as the Dubai Department of Economic Development regulates three types of business licenses. These are:
The commercial license is available for types of companies involved in trading activities, among which sales. The industrial license applies to companies involved in manufacturing, processing and packaging activities. The professional license applies to personally offered services such as consultancy and is suitable for sole proprietors in Dubai.
The same business license categories apply in case the entrepreneur decides to open a company in one of Dubai’s free zones.
Before registering a company in Dubai you must select the appropriate type of business entity. There are four main types of companies in Dubai, however, each category has its own subdivisions. The categories of companies to be registered in Dubai are:
You can also watch the video below for information about the types of companies available for registration in Dubai:
Among the companies, the Dubai limited liability company is the most employed. The other types of companies available for registration in Dubai are:
Partnerships are divided into general, simple limited partnerships and partnerships-en-comandite, but there is also the notion of partnership company. Partnership companies, however, are usually limited to Dubai citizens.
Dubai branch offices can be divided into:
For details about the requirements for setting up a company you can contact our company registration in Dubai agents.