Opening hours:Mon-Fri: 09:00 - 18:00Sat-Sun: weekends

+971 (55) 351 43 24

Registration of IT companies

➦ One of the activities of the Make Fortune consulting agency is the registration and comprehensive support of IT businesses in the UAE. Modern technologies are developing at a rapid pace, so we clearly see the potential for growth in this industry in the UAE.

 

Order a call back or write to our online consultant on the website – we will select the best option for locating your business in Dubai, Abu Dhabi and other emirates.

Stages of collaboration
with Make Fortune

1
Apply
We answer all your questions, think over the work plan, negotiate the stages and deadlines
2
Enter into a contract
We draw up a list of services provided and all necessary payments, the total amount of all registration costs is clearly stated in the contract
3
Provide the required information
We undertake all possible preparation and submission of documents, you just need to provide us with correct data
4
Follow the progress of registration
We are available 24/7 during our work. We constantly inform about the status of the process at all stages: obtaining a license, obtaining a visa, opening personal and corporate accounts.
5
Get a positive result
License, visa and Emirates ID received, accounts opened! You can start a business!
6
Business support in the UAE
Our specialists are ready to provide professional support in the areas of tax and accounting support.

Why should you contact us?

Registration of your company in the UAE on a turnkey basis

We help to open corporate and personal bank accounts

We are engaged in registration and renewal of licenses, the VAT registration procedure

We provide assistance in obtaining a resident visa of the country

We carry out a comprehensive audit, help to keep accounting records

Assistance in obtaining permits and certificates

VIP escort We meet clients at the airport, escort them in premium class cars

We work with government agencies, free zones and banks without intermediaries.

Maximum transparency in the provision of services. We ensure complete confidentiality of your data

Advantages of a professional local IT company in the UAE

Possibility of 100% ownership by a foreign investor.

The absence of operational restrictions and prohibitions for doing business throughout Dubai, the UAE and abroad.

The right to conclude contracts and participate in tenders, cooperation with any companies based in the UAE.

Opportunity to soon open a corporate bank account in the UAE.

100% repatriation of capital and profits.

Full access to the local market:

The advantage is available only to local companies. A company located in a free zone has the right to sell goods and services to the local market only through intermediaries.

Advantages of companies registered in the Free Zone

Registration in the free zone is suitable for companies whose clients are located outside the UAE and the company does not plan to expand its client base in the Emirates. Registration is carried out by the regulatory authorities of the free economic zone.

 

The main zones that specialize in high-tech are Dubai Internet City and Dubai Silicon Oasis, but most of the other free zones also allow you to register an IT company.

A company licensed in a free zone is 100% owned by a foreign owner.

The organization has the right to apply for a resident visa.

Depending on the chosen free zone, you can get access to virtual offices (flexi-desk).

The registration takes place in a short time.

Services are provided within the free zone and outside the UAE.

Granted the right to open a corporate account with a UAE bank.

100% repatriation of capital and profits.

A company licensed in a free zone is 100% owned by a foreign owner.

The organization has the right to apply for a resident visa.

Depending on the chosen free zone, you can get access to virtual offices (flexi-desk).

The registration takes place in a short time.

Services are provided within the free zone and outside the UAE.

Granted the right to open a corporate account with a UAE bank.

100% repatriation of capital and profits.

    REMAINING QUESTIONS?

    Leave your contact details and we will contact you

    By clicking on the button, you consent to the processing of personal data and accept the terms of the user agreement

    Registration of IT companies

    For IT companies, there are several options for setup a business in the UAE.

    1. Registration of a company in the UAE free zone

    Freezones are separate geographic and jurisdictional areas located within the Emirates, and each has its own licensing regime and regulatory authority. Free zones provide an advantage to foreign investors and companies opening a business in the UAE by offering 100% foreign ownership of the company. Free zones provide a zero-tax regime, you will only need to pay an annual license renewal. In addition, free zones do not require customs duties on imported goods that are for the use of the company. There are no restrictions on profit and capital repatriation. Costs to register as a company within a free zone vary, depending on the zone.

    There are several free zones, primarily in Dubai and Abu Dhabi, which specialize in registering a high-tech business. These free zones provide many benefits for IT companies, such as:

    - access to modern offices and coworking spaces;

    - the opportunity to get a boost in the development of the company by participating in incubators and accelerators;

    - access to various public and private financing programs;

    - permanent exhibitions and other various events.

    2. Registration of a mainland company in the UAE

    Until 2020, if you wanted to register a local company in the UAE, you could only own 49% of the company. According to UAE laws, a UAE citizen had to own at least 51% of a company with foreign participation. But first in 2020, then in June 2021, an addendum to the law on commercial companies was released, which allows 100% foreign national ownership of a local UAE company. Each emirate is required to issue a list of activities for which foreign ownership is permitted. For example, in the lists published by the government of Dubai and Abu Dhabi, there are more than 1,100 activities in various fields. Regarding the IT industry, 100% foreign ownership is allowed in a variety of activities, such as e-commerce, Internet services, online games, etc.

    The benefits of registering a local company are almost the same as a free zone company, but you also get direct access to the local market. Since a company registered in a free zone can sell its goods/services to the local market only through a special company - an agent.

    We, Make Fortune, decided to make registration and comprehensive support of IT business in the UAE one of our main activities. Modern technologies are developing at a rapid pace and we clearly see the potential for this industry in the UAE. Contact us and we will offer you all options for placing your business in Dubai, Abu Dhabi and other emirates.

    Frequently Asked
    Questions

    Is it possible to start your own business in the UAE?

    Yes, absolutely. It's confirmed by statistics. Over 70,000 business licenses were issued in the UAE in 2021. Most of these companies are owned by foreigners.

    What does it cost to start a company in the Emirates?

    The cost of opening a company depends on many factors, including the type of activity, the number of visas, and the location of the office. The AMCFZ free zone in the emirate of Ajman is currently one of the most affordable options on the market. A license without a visa will cost you AED 6,166 (USD 1,678). Separately, obtaining a turnkey resident visa costs approximately 9,175 UAE dirhams (2,500 USD). Moreover, you will need to rent a physical office in order to open a corporate bank account in the UAE.

    What's the deal with startups in Dubai?

    One of the most economical options is to apply to one of the incubators or accelerators in the United Arab Emirates. Funds offer varying types of support: for example, the in5 accelerator offers a business license for as little as 1000 AED per year; DTEC provides a company registration service on preferential terms, and Hub71 in Abu Dhabi provides 50 and 100 percent accommodations for up to four startup employees.

    How does an innovative business operate?

    This is an entrepreneurial activity that involves establishing, applying, and implementing new knowledge and technologies.

    Smart Dubai: What is it?

    This is a strategy for the development of Dubai, the purpose of which is to make the city as comfortable for its residents as possible through the use of information technology. Smart Dubai includes the development of services and applications for the needs of the residents of the city, the use of the latest technologies in all aspects of city life, the development of the city's transport system, including autonomous transportation and the delivery of public services entirely online.

    What makes IT companies move to Dubai?

    The city has a wide variety of advantages for IT companies, including obtaining business registration under preferential programs, gaining access to investors and the chance to present their project to attract venture capital, connecting with other young entrepreneurs from around the world, and, of course, enjoying its almost 365 sunny days, its sea, and beaches.

    Useful information

    Blog
    Book an appointment with Generalist using Setmore