Set Up a Company in Dubai

Despite high costs, the demand amongst international investors to set up a company in Dubai remains strong. Factors which encourage setting up a company in Dubai include:

1.

Cost-efficiency - investors setting up a company in Dubai enjoy low-cost energy. Thus, the high costs to set up a company in Dubai are offset by lower running costs compared to many other jurisdictions.

Location - Dubai is strategically located in the heart of the Gulf and between Europe and Asia. Consequently, international investors setting up a company in Dubai to conduct global trade enjoy excellent communications.

100 % foreign ownership - foreign investors setting up a company in Dubai can fully own their company without the need for a local UAE citizen as shareholder.

Modern infrastructure - the Dubai government invests heavily in infrastructure such as telecommunications, airports, roads and ports, providing valuable support to investors who set up a company in Dubai.

5.

International trading - global entrepreneurs setting up a company in Dubai enjoy tax-efficient international trading.

Staff recruitment - most investors who set up a company in Dubai can recruit expatriate staff without restriction.

The Dubai Development and Investment Authority (DDIA) offers a wide range of business start up services in Dubai geared to investors who set up a company in Dubai. Business start up services in Dubai include but are not limited to:

i) Business plan preparation. Investors planning to set up a company in Dubai can ask the DDIA for help in preparing a detailed business plan as part of its business startup services in Dubai;

ii) Financial and legal information. For investors planning to set up a company in Dubai, the DDIA supplies macro- and micro-economic data, including legal, financial and demographic information for Dubai and the Gulf region. Many investors setting up a company in Dubai use the DDIA's business startup services in Dubai to facilitate their investment and expansion decisions;

iii) Generating capital for investments. The DDIA helps raise project capital for entrepreneurs to set up a company in Dubai. The DDIA's business startup services in Dubai also include introducing multinational corporations (MNCs) to potential investors;

iv) "Single Window Service". Investors who wish to set up a company in Dubai have access to the DDIA's so-called 'Single Window' service', in which all business startup services in Dubai are handled under one roof. Investors planning to set up a company in Dubai find that this greatly eases the legal processes, thereby reducing the time needed for setting up a company in Dubai;

v) Additional business services. After setting up a company in Dubai, investors can tap into other DDIA business startup services in Dubai to maximise their potential. For example, the DDIA assists local companies to create higher value-added functions for their business by supporting them in building expertise, innovating, growing, creating new partnership and reaching international customers.

The DDIA opened an office in Hong Kong in January 2006 to attract Asia Pacific-based investors interested in setting up a company in Dubai. The DDIA's Hong Kong office helps build networks and relationships between investors in Asia looking to set up a Dubai company, as well as providing details of the wide range of business start up services in Dubai which are available.

Healy Consultants has helped numerous clients to set up a company in Dubai. The majority of feedback we receive is that while setting up a company in Dubai is frustrating and costly, the local and regional economies are booming and is therefore worth the effort. Also, most investors are attracted to Dubai's pro-business environment.

Further Information

For more on Healy Consultants' business start up services in Dubai, visit our Other Services to Support Dubai Incorporation page.

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