Company Registration in Dubai

Dubai is considered to be one of the most secure and user friendly destinations  to start up a new business. The Government of Dubai promises to give  new business starters complete support and advice. The Company Registration in Dubai stipulates relevant legislations pronounced by the  Government Authorities and this has to be specifically pursued to incorporate  a company in the territory. One would also need to select a proper place for the business. If the plan is to set up a business in cities of Dubai, one must be aware of some legal terms and rules that govern the registration of such companies. Here in Dubai, the business is classified into:

• Free Zone:-

This type of business pertains to the companies  which are owned 100% by the investor who would be apparently the owners. No agent or sponsor is necessary to manage the functioning of such companies and also  no rules  are specifically laid among these ventures. This business has certain add on benefits too. Along with 100% ownership, this can be  set up only by one person who can also open a bank account in Dubai. The secrecy levels can be 100% with no tax and low renewal charges. It also gives the benefit of liquidating the affairs anytime. Import and export can also be conducted considering the  activities stipulated in the trade license. The person has the right to hold properties also in Dubai. The free zones businesses have a right to interact with legal and financial consultants, accounts officers and any other company management which is operating its business in Dubai.

• Offshore :-

Under this type of entity  the company  conducts operations outside Dubai. The benefits of this type of businesses are mostly to get the local tax levied and invoice can be generated. The business can be started with zero capital and no office place is required. The rules for these companies have been set as per the international standards so it is mandatory to have one director registered. These companies also have to maintain their financial books of accounts along with issuing the financial annual report after completely auditing it by the auditors periodically. These auditors  must be approved by the respective free zones. The offshore companies are also liable to hold an annual general meeting. In other words, these businesses should operate like a usual registered company. The company is obliged to strictly follow the new anti-money laundering rules. These companies can also interact with legal and financial consultants, accounts officers and any other company management which is operating its business in Dubai. They are eligible to  open a bank account to take care of local dealings and transactions. If the investor wants to commence any other offshore in any other territory, then they need to obtain the license for the same from the respective authorities. There are different offshore destinations available in UAE according to the choice require by the investors. Normally the capital required is zero but AED 10,000 (USD 2,700) is normally advised to be shown as a startup amount,  but no physical presence of capital is required.

The business advisors play a key role in starting a new venture. They are normally aware of the rules and regulations and can also give you a proper guidance along with the step by step method of proceeding to start a new venture. They have complete expertise in these dealings. They help you with all the paper works including visas and work permit approvals from Emirates. They also help you in opening bank accounts too for new businesses.

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HLB HAMT - Audit, Tax, Accounting and Business Advisory

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Varun R Chandra

07:38 25 Apr 21

HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.

Giuseppe Assi

06:20 31 Jan 21

I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more

Mohamed Sheriff

16:16 28 Jun 20

Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more

218141 JOSEPH THOMAS

16:20 23 Jun 20

Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more

PMI

07:14 23 Jun 20

In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more

RAVI CHOKSI

08:28 21 Jun 20

Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more

Maharajan Subramaniam

18:17 06 Jun 20

High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more

Mohammed L

08:07 05 Jun 20

We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more

ROY ROSHAN VIVIAN

06:32 04 Jun 20

Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more

Basil Daniells

05:55 03 Jun 20

I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more

Amar Kashyap

19:28 02 Jun 20

Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more

Radz de Jesus

16:03 02 Jun 20

We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more

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