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Opening a business in the UAE

More and more companies are looking to do business in the United Arab Emirates.

Make Fortune helps investors find the best solution and easily open an international company in the UAE: free zone company, local or offshore. Determinants of economic growth in the United Arab Emirates:

 

    • sustainable financial sector

 

    • formed logistics system

 

    • developed tourism

 

    • promising real estate market

 

  • progressive service sector

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

Our business start-up services

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    Our promotions

    Month of accounting
    For free from 7 700 USD*
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    Registration of a company as a VAT payer (VAT)
    For free from 7 700 USD*
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    Opening a corporate account in a digital bank
    For free from 7 700 USD*
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    Features of the business climate in the UAE

    More and more companies are looking to do business in the United Arab Emirates. Make Fortune helps investors find the best solution and easily open an international company in the UAE: local, offshore or a company in the free zone. Determinants of economic growth in the United Arab Emirates:
    • sustainable financial sector;
    • formed logistics system;
    • large tourism sector;
    • promising real estate market;
    • progressive service sector.
    Consulting agency Make Fortune  provides financial and legal advice on starting a business in Dubai and other emirates of the UAE. We will help to register a profitable company in one of the most attractive states for investors
     

    Soft tax policy

    Doing business in the United Arab Emirates assumes the absence of income tax, income tax and tax on dividends. Value added tax of 5% on profits above 100,000 USD is payable only in the case of activities within the UAE.

     

    PRIORITY DEVELOPMENT OF THE IT INDUSTRY

    The state is actively investing in the digital future and modern technologies. The UAE is one of the leading countries in the field of digital transformation: blockchain is working, artificial intelligence is being actively introduced, and a digital government has been created.

     

    ADVANTAGES OF JURISDICTION

    The UAE is not on the "black list" of countries with which cooperation is prohibited by the European Union. Therefore, they are an excellent option for transferring assets from one tax jurisdiction to another.

     

    AMAZING INFRASTRUCTURE

    Roads, ports, airports, warehouses, office premises meet international standards.

    BENEFITS OF DOING BUSINESS IN THE UAE

     

    STABILITY AND SAFETY

    The UAE is a politically stable and secure country with a high standard of living.

     

    STRONG HUMAN RESOURCE

    There is no shortage of professional personnel in the Emirates. The state has created favorable conditions for business development. This attracts talented professionals from all over the world to the country.

     

    FAVORABLE GEOGRAPHICAL POSITION

    Developed air communication with all the leading air harbors of the world allows delivering goods to any country.

     

    protecting the interests of foreign business owners

    Lack of information exchange with the tax authorities of other countries, clear rules for regulating business and protecting the rights of entrepreneurs.

    Why is it worth contacting us?

    We work in the format of "one hand" - we provide a full range of services, accompanying clients at all stages

    • registration of a 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

    Our rates

    Opening a local company

    from 9200 USD*

    Registration of a company in the free zone

    from 6700 USD*

    Opening a corporate account

    from 2900 USD*

    OPENING AND DOING BUSINESS IN THE UAE IS EASY AND SAFE WITH US

    • filing an application

      we answer all your questions, think over the work plan, negotiate the stages and deadlines

    • preparation of documents

      we take care of the preparation and submission of documents, you provide correct data

    • company registration / obtaining a license

      we will register your company and help you obtain a business license in the UAE

    • obtaining a UAE resident visa

      we accompany you at all stages from registration to issuance

    • opening a bank account

      we will help you open an account in the UAE: for a private and legal entity

    Stages of cooperation with Make Fortune

    • consideration of the client's application

      the client contacts us and describes what kind of business he intends to do in the UAE and in what industry

    • providing the necessary information

      you need to provide information about the target market and audience; the number of owners, shareholders; indicate citizenship; the required number of visas for employees; estimated start dates for business activities

    • customer request analysis

      we help with the choice of a suitable license in accordance with the legal framework

    • description of the process, approximate terms and package of documents

      you need to provide information about the target market and audience; the number of owners, shareholders; indicate citizenship; the required number of visas for employees; estimated start dates for business activities

    • signing an agreement

      the price of our services for registering a legal entity and the cost of fees in the emirates are completely transparent

    • company registration

      after receiving and processing documents from the client, we act as an intermediary with the authorities of the chosen jurisdiction and perform all the necessary steps to obtain the result

    • registration of a resident visa

      we are applying for an entry permit. This procedure is mandatory even for those who have already arrived in the UAE. Once approved, we will accompany you to a medical examination. You will need to donate blood and undergo a fluorography, pass fingerprints. After getting a passport with a pasted visa. Next, we apply for an Emirates ID card. This is a UAE resident identity card that allows you to access a wide range of services in the country

    • opening a bank account

      we provide full support in opening bank accounts: personal and corporate

    • support for doing business in the UAE

      after obtaining a license and registering a business, our consulting company can assist with annual license renewal, accounting and VAT, and continue to communicate with local authorities on behalf of the client at his request.

    TYPES OF COMPANIES IN THE UAE

    COMPANY REGISTRATION IN THE FREE ZONE

    Free zones of the United Arab Emirates are an attractive jurisdiction for investors. Advantages of doing business in a free zone:
    • the possibility for a foreign investor to own 100% of the company;
    • exemption from customs duties and tax payments;
    • permission for 100% capital repatriation.
    Resident visas are issued to investors, staff and family members. There is a limitation: doing business is possible only on the territory of the free zone in which the company is registered, or outside the UAE. There are more than 50 free economic zones in the United Arab Emirates. Each work is based on its own rules and legal powers.

    OPENING A COMPANY IN ONE OF THE OFFSHORE ZONES (JABEL ALI, RAS AL KHAIMAH)

    A business license is not required when registering an offshore company. Advantages of doing business in an offshore zone:
    • no taxes;
    • data privacy;
    • no mandatory audit required.
    The UAE provides a 100% guarantee of data protection for offshore companies: the financial statements of the enterprise, information about the beneficiaries may not be disclosed here.

    REGISTRATION OF A LOCAL COMPANY

    This option has the same benefits as opening a business in a free trade zone. Additional benefits:
    • carrying out activities throughout the UAE;
    • the opportunity to participate in any tenders;
    • the right to open branches of the company.
    From 2022, the participation of a local sponsor is not required to open a local company. This means that you will be the owner of a 100% local company, regardless of the type of activity. The exception is strategically important industries.

    Types of companies in the UAE

    Открыть бизнес в Дубае

    Registration of a company in the Free Zone

    Free zones of the United Arab Emirates are an attractive jurisdiction for investors.
    Advantages of doing business in a free zone:

    • the possibility for a foreign investor to own 100% of the company;
    • exemption from customs duties and taxes;
    • permission for 100% repatriation of capital.
    More
    Открытие компании в Дубае

    Registering a local company

    This option has the same benefits as opening a business in a free trade zone. Additional pluses:

    • carrying out activities throughout the UAE;
    • the ability to participate in any tenders;
    • the right to open branches of the company.
    More
    Открыть компанию в Эмиратах

    Opening a company in an offshore zone

    A business license is not required when registering an offshore company.
    Advantages of doing business in an offshore zone:

    • no taxes;
    • data privacy;
    • no statutory audit required.
    More
    Открыть бизнес в Дубае

    Registration of a company in the Free Zone

    Free zones of the United Arab Emirates are an attractive jurisdiction for investors.
    Advantages of doing business in a free zone:

    • the possibility for a foreign investor to own 100% of the company;
    • exemption from customs duties and taxes;
    • permission for 100% repatriation of capital.
    More
    Открытие компании в Дубае

    Registering a local company

    This option has the same benefits as opening a business in a free trade zone. Additional pluses:

    • carrying out activities throughout the UAE;
    • the ability to participate in any tenders;
    • the right to open branches of the company.
    More
    Открыть компанию в Эмиратах

    Opening a company in an offshore zone

    A business license is not required when registering an offshore company.
    Advantages of doing business in an offshore zone:

    • no taxes;
    • data privacy;
    • no statutory audit required.
    More

    Frequently Asked
    Questions

    Is it easy for a non-resident to open a business in the UAE?

    Of course, you can open a company in the UAE with 100% foreign ownership. The economy of the United Arab Emirates is built on foreign investment, which is clearly illustrated by statistics: 90% of the population of the UAE are foreign citizens.

    How long does paperwork take?

    The time to obtain a license depends on the free zone and on the emirate. The longest registration time in Dubai and Abu Dhabi can take from 2 weeks to a month, in other emirates - from 3 working days. Obtaining a UAE resident visa takes up to 3 weeks. Opening a bank account from 1 month.

    What is the probability of registration success?

    Before concluding a contract, we evaluate the profile of each client. Therefore, the probability of successful business registration is 100%. When obtaining a visa and opening a bank account, we guarantee the perfect preparation of documents, but the decision rests with the official authorities and the banks of the UAE.

    How much does it cost to register a company in the UAE?

    The cost of opening a company depends on many factors, such as the type of activity, the required office space, the number of visas, etc. For example, one of the most affordable options on the market right now is the AMCFZ free zone in the emirate of Ajman. A visa-free license will cost you approximately AED 6,000. Separately, obtaining a turnkey resident visa will cost you about 2,500 USD. Also, to open a corporate bank account in a UAE bank, you will need to rent a physical office.

    What kind of reporting should a company in the UAE keep?

    Almost all companies in the UAE are required to provide annual information on beneficiaries. Other documents such as financial statements, VAT return, economic substance report, transnational report, the annual money laundering and terrorist financing risk assessment report is submitted only by companies that meet certain conditions.

    What is the most profitable business in Dubai?

    It is difficult to name just one area of business, since the UAE is a modern, diverse community that is developing at a rapid pace. The most profitable are IT-technologies, construction, real estate, tourism, food, re-export and others.

    What are the forms of company ownership in the UAE?

    In the free zones of the UAE, you can register Free Zone Establishment (FZE) - a company with one founder (individual or legal entity) and Free Zone Company (FZC) - this is actually a limited liability company with 2 or more founders and a branch of your company. As a local company, you can establish a Limited Liability Company (LLC - Limited Liability Company), a Professional company for the provision of services (Sole Establishment/Civil Company), Branch of Foreign Company, Representative Office. In addition, in several free zones you can open an offshore company.

    What business needs to be licensed in the UAE?

    In fact, every company in the UAE must obtain a license to operate. Business activity in the UAE can be regulated and unregulated. To obtain a license for unregulated activities, you only need to pay a license fee. While obtaining a license for a regulated activity requires obtaining additional permits from various authorities. For example, to trade fertilizers, you need to get additional permission from the Ministry of Climate and Environment, and to obtain a permit for activities related to public transport, you need to apply to the Road and Transport Authority.

    Is it required to pay the authorized capital before registering a company?

    Depends on the free zone in which you register a company. Some free zones do not have share capital requirements, other free zones have a requirement to contribute a certain amount as share capital. After depositing this amount to the company account, you can use them in your business activities.

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