Business Formation in UAE

Starting a business in the UAE is challenging and rewarding. The challenges of UAE business set up are exacerbated by i) unclear procedures related to business formation in the UAE ii) high government fees and iii) inefficient bureaucracy which delays business formation in the UAE. The following is an overview of UAE business set up:
1.	When starting a business in the UAE, investors should expect a budget up to US$50,000 to complete UAE business set up succesfully.
2.	The lead time for starting a business in the UAE depends on the type of company being registered, and varies between 9 and 14 weeks.
3.	Business formation in the UAE is a perfect way for global entrepreneurs to legitimately book profits without paying local corporation tax.
4.	If starting a business in the UAE through a limited liability company or branch company, a UAE citizen must be appointed as a 51% shareholder, as per statutory regulations. Prior to business formation in the UAE, Healy Consultants will introduce you to a bona fide UAE businessman who acts as the nominee shareholder for our clients.
5.	Foreign investors requiring 100% company ownership choose UAE business set up in a UAE free zone. However, when starting a business in the UAE free zones i) it is necessary to rent a physical office in the Free Zone and ii) a Free Zone company is not permitted to conduct business in the UAE.
6.	Business formation in the UAE has varying capital requirements dependent on the size, type and goals of business. In this way, small and medium enterprises benefit from significantly lower minimum capital requirements, which better suit the nature and capabilities of their company.
7.	To support business formation in the UAE, Healy Consultants helps obtain UAE residence and employment visas for our clients.
8.	The UAE is a highly competitive economy. According to the Global Competitiveness Report 2011-2012, the UAE is the 27th most competitive economy in the world.
9.	After starting a business in the UAE, some clients request assistance in preparing and submitting annual financial statements to the UAE government.
10.	To support UAE business set up, Healy Consultants opens multi currency UAE or international corporate bank accounts for our clients with leading international retail banks including HSBC, Standard Chartered and Citibank.
11.	Following UAE business set up, Healy Consultants builds websites and launches search engine advertising and optimisation campaigns, as well as stationery and logo design.
12.	Following business formation in the UAE, Healy Consultants provides UAE virtual office services. To support UAE business set up, Healy Consultants provides a local business address in the UAE for invoicing, as well as telephone, fax and email support.
13.	After business formation in the UAE is complete, Healy Consultants assists clients to obtain corporate finance, trade finance and to open merchant accounts.
14.	The UAE ranks a positive 32nd on the United Nations Human Development Index for 2010, which rates a country on its overall life expectancy, literacy, education and living standards.
15.	After starting a business in the UAE, Healy Consultants receives client feedback on the UAE business set up process.
Contact Us
For additional information on starting a business in the UAE or our range of UAE business set up services, email email@healyconsultants.com or telephone Healy Consultants at (+65) 6735 0120.
Back to UAE Company Formation page.

Purchase the Singapore chapter of Healy Consultants' Asia Business Set Up book for US$100, to order call +65 6735 0120 or e-mail email@healyconsultants.com