UAE Business Setup
The local trade in the UAE is known as mainland. To set up a mainland company you must be partnered by a local UAE official. The plus point of a mainland establishment is that, once you are eligible, you will be able to do business in and out of the country without any restrictions.
- Not restricted to trade in a particular destination. You can trade anywhere in the UAE or outside the UAE without any problems.
- You can choose your own work premises within Dubai.
- Allowed to supervise a wide range of business activities.
If you are eying to set up a mainland trade, Fusionbiz will help you with all the governmental paperwork and sponsorship deals.
Free Zone Establishment
A free trade zone for a full-on foreign ownership. A free zone business formation is an ideal solution for people who want to start up a business in the UAE with sole ownership. At present there are 45 free zones operating in the UAE. The most compelling reason to start a business in a free zone is that your business will be exempt from taxation and vat if the supplier and consumer both function within the zone. Also, you will need no partnership with local traders to climb the business ladder.
To set up a freezone establishment you will have to go through few steps like
- Choose your business activity
- Finalize your company name
- Finalize paperwork and submit your application
- License notification and opening bank account
- Visa processing
To successfully set up your business, Fusionbiz is there to assist you.
One affordable way to start up a business in UAE is to go for offshore trade. It is simply a lucrative deal for most of the international investors essentially due to 100% foreign ownership and 100% tax immunity.
- Not obligatory for taxation
- Offshore companies enhance your wealth through the cut of duty charges.
- Companies can go about their business without interruptions.
- A minimum number of shareholders and directors is one.
- The capital of the company can be any amount divided into any denomination.
Where to setup your business in the UAE
The UAE has seven independent Emirates. Each of the Emirates has its own opportunities for business. You can establish your Mainland or Free Zone company in any of the mentioned Emirates. Before you root your business in any of the Emirates, you must consider the activity of your company as well as the factors that might affect the growth of your business in the UAE. The United Arab Emirates is huge, and there are viable places for all businessmen and their trade. Let us find out what prospects each Emirate offers you and your business:
Abu Dhabi, the capital of the United Arab Emirates, sits off the mainland on an island in the Arabian Gulf. Abu Dhabi is very beautiful and peaceful, boasting eye-catching skylines and mega malls. Abu Dhabi is also the holding ground of the United Arab Emirates Government.
One of the most modern places in the world and a dynamic place to be. Dubai is known as the most robust epicenter for re-export and transit. The port of Jebel Ali located in Dubai, serves more than 140 destinations. Emirate is also a launchpad for accessing promising markets in the Middle East, South Asia and Africa
Ras Al Khaimah
RAK is the sixth largest city in the UAE. RAK offers a wealth of diversions between its miles of white sandy beaches and turquoise sea, majestic mountains and magnificent desert sand dunes. RAK has logistical hubs such as seaports, international airports, and multi-lane superhighways, companies easily access the trade flows between the east and the west. RAK is the most industrial Emirate in the UAE.
Known as the cultural capital of the UAE with lots of museums, historical places, educational institutions. Sharjah is the fourth largest of the seven emirates that make up the UAE and is the only one to have land on both the Persian Gulf Coast and the Gulf of Oman. The people of Sharjah rely on the culture of entrepreneurship and innovation. Focusing on manufacturing, real estate, gas, tourism, education, healthcare, logistics, and business services.
Ajman is the smallest of the seven Emirates in the UAE surrounded by Sharjah. Ajman is known for its exceptional hospitality and traditions. Might well be the smallest Emirate but abounds with modern and up-to-date services and facilities.
The main sectors for business are construction, real estate, business and financial services, wholesale, retail trade, and repair.
Umm Al Quwain, one of the 7 members of the United Arab Emirates, located between Ajman and Ra’s al Khaymah on the west coast of the UAE. The land covers an area of 800 square kilometres.
The only capital in UAE’s East coast. Known as the mountain Emirate, boasting beautiful islands, scenic views and mesmerising driveways by the gulf. Fujairah operates a multipurpose port that offers access to major shipping routes. Fujairah Oil Industry Zone (FOIZ) has become one of the top commercial players in the energy sector.