Dubai has become a hub for business setup, attracting Indian entrepreneurs to establish businesses due to its business-friendly policies, low taxation, and connectivity. Indian nationals can establish a business in Dubai from India, across mainland, free zone, and offshore jurisdictions. With simplified documentation requirements and professional support services, you can establish your business in Dubai with Dhanguard. In this blog, we will explain the business setup process in Dubai from India, the types of entities you can open, and the steps to open your business.
How to Set Up a Business in Dubai?
Over the years, Dubai has been a popular destination for entrepreneurs, as evidenced by the growing number of company formation. To set up a business in Dubai from India, you have to choose a jurisdiction, register the company name, obtain approvals from the relevant authorities, and apply for a license, depending on your business activities. With Dhanguard, which will help you at every step of your company, providing a range of services from opening a bank account to obtaining a trade license.
Process of Setting Up a Business in Dubai
Setting up a business in Dubai has become easier and more streamlined. Setting up a business in Dubai from India is easy if you follow the steps to operate legally in the UAE. The steps are as follows:
Step 1: Choosing a Jurisdiction.
Before setting up a business in Dubai from India, selecting the location is a vital decision for business operations. Dubai offers three business jurisdictions: mainland, free zone, and offshore companies, in which you can register a business under the Dubai Government.
Step 2: Registration of Name.
Indian business owners must select a distinctive business name in accordance with Dubai’s rules and regulations, and the proposed name must meet the legal standards and be registered with the government after obtaining approval from the higher authority.
Step 3: Applying for the license:
After registering your company name, Dhanguard will assist you in obtaining a trade license. The license will be tailored to your specific business activities (e.g., commercial, professional, or industrial).
Step-4: Document and office space:
After applying for the license, mainland companies must secure physical office space and provide documents such as passport copies, which are required only for mainland companies. Free zone companies typically have more flexible requirements with virtual office options rather than physical premises.
Step-5: Obtaining visas and opening Bank accounts:
After completing the Dubai business setup process, owners must open a bank account to manage financial operations. Also, company owners must obtain visas to operate legally in Dubai.
Types of Business Jurisdiction in Dubai
Dubai is a popular destination for business setup. There are multiple locations in Dubai where you can start your business, and you can choose the one that best fits your preferences. In the pointers below, the Jurisdictions in Dubai are as follows:
- Mainland: Companies can operate from anywhere in the UAE, gain full access to the Market, and work directly with local and government officials. Business setup in Dubai can be completed online with the proper paperwork.
- Freezone: A geographical area where business owners can operate their businesses. They can also choose to work with co-working spaces; Dubai has more than 20, and Ajman is the channel partner for Dhanguard.
Offshore: Offshore companies are typically used for asset holding, investment management, and tax planning. Offshore companies in the UAE are ideal for those looking to establish a business in multiple countries while using Dubai as a base.
Documents Required to Set Up a Business in Dubai
To set up a business in Dubai from India, the documents required are as follows:
- Passport copy
- Passport-size photograph (3-5 copies)
- Address proof of India
- Company name options
- Business activity details
Note: Dhanguard will help you in every step of your documentation process to set up a business in Dubai.
Cost of Company Registration in Dubai
The cost of business setup in Dubai depends on several factors. The business owners should consider the following points, which are beneficial for the price of company registration in Dubai, which depends on several factors, including the following:
- Type of License: The fees for the commercial, professional, and Industrial licenses differ.
- Business Activity: Depending on the business activity, some require special approval, which can incur additional costs later.
- Business Bank Account: Opening a business bank account and the minimum balance requirement can affect the cost of company registration.
- Trade Name Registration: Premium and reserved names incur higher costs. Dhanguard will help reduce costs and offer transparent pricing.
- Number of visas: The more employers and visitors, the higher the visa costs.
How Dhanguard will help in Business Setup in Dubai from India
Dhanguard provides a complete business setup in Dubai and across the UAE from India, delivered online and hassle-free. The team will help you with every step in setting up your business in Dubai. From opening a bank account to registering for the VAT, Dhanguard will support you in every step. Our team will help:
- Trade License Renewal
- VAT Services
- Accounting and Bookkeeping
- PRO Services
Conclusion
Establishing a business in Dubai from India is an excellent choice for driving growth and success. With proper planning and firm support, the process is quick and secure. Dhanguard provides end-to-end support for entrepreneurs launching businesses or startups in Dubai or across the UAE. From business jurisdiction selection to visa processing and bank account opening, Dhanguard will help you at every step for a smooth journey to Dubai.
For more information, you can visit our website or contact us at +971-522882376 to set up your business in Dubai from India.
