How to setup a company in Dubai from India?

 How to setup a company in Dubai from India?

We receive numerous inquiries from India regarding the process of establishing a company in Dubai. For Indian entrepreneurs, there are several options available to set up a company in Dubai, including Free Zone and Mainland jurisdictions. Additionally, there is an Offshore jurisdiction that investors can choose for specific business activities.

Indian investors who aspire to establish a company in Dubai will typically require a residence visa to effectively manage their business in the UAE. However, for those who prefer to remain in India and visit the UAE on a quarterly or half-yearly basis, this arrangement is also feasible.

The UAE, conveniently located just four hours away from India, serves as an exceptional trade and economic hub. With its advanced infrastructure and efficient governance, it has become a preferred destination for Indian professionals seeking to work and settle with their families. The region offers an enhanced quality of life, making it an attractive choice for many Indians.

Setting up a Company in Dubai – A Lucrative Opportunity for Indian Investors

The recent Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE has opened up new avenues for trade relations between the two countries. Indian traders now have the exciting opportunity to showcase a diverse range of products in the thriving UAE market.

It is worth noting that numerous successful businesses in the UAE are already owned and operated by Indian investors. In fact, the Indian diaspora in the UAE constitutes a significant portion, accounting for over 30% of the expat population.

Indian investors have made their mark in various sectors, including trading, services, and manufacturing, across the UAE. They have established companies in both the popular Free Zones and the Mainland.

For aspiring investors seeking to set up a company in Dubai from India, it is highly recommended to seek the guidance of an expert Business Consultant or UAE 1# PRO Services companies in UAE, such as YABSPRO.

Our experienced team will provide invaluable assistance in selecting the most suitable company package for your specific needs. Whether you opt for a Free Zone, offshore, or Mainland setup, we will ensure that you make an informed decision that aligns with your business activity.

Embark on this exciting journey of establishing your presence in Dubai's thriving business landscape with the support of YABSPRO. Let us help you navigate the complexities and maximize the potential of your investment.

Where can Indian entrepreneurs establish their companies in Dubai?

In Dubai, UAE, there is now 100% foreign ownership allowed across all business jurisdictions, including Free Zones, mainland, and offshore. This means that investors retain complete ownership of their companies.

The Free Zone and Mainland are onshore business jurisdictions in the UAE. Companies operating in these areas are subject to the Commercial Company Laws. The licensing authorities in the UAE are responsible for the legal governance of companies in the Free Zone and Mainland.

On the other hand, the Offshore company operates under a different business jurisdiction that falls outside the territorial scope of the UAE. Offshore companies are particularly suitable for remote and international business operations.

In conclusion, Indian entrepreneurs have various options for setting up their companies in Dubai, with the flexibility to choose between Free Zones, mainland, or offshore jurisdictions. This allows them to maintain full ownership and benefit from the specific advantages offered by each business jurisdiction.

Offshore companies operating in the UAE do not have access to office space or visa quota eligibility. As a result, investors must decide whether to establish their company in the Free Zone or Mainland. This choice will enable them to easily expand their market presence not only in the UAE but also in the rest of the GCC countries.

Dubai, with its exceptional logistics connectivity, strategic location, advanced infrastructure, and availability of office space and warehouse facilities, is the ideal destination for Indian investors looking to establish their company.

Moreover, Indian investors can benefit from significant tax savings on the profits generated by their Dubai-based business. This advantage can be further enhanced by applying for a Tax Residence Certificate, allowing them to leverage the benefits of Double Taxation.

By selecting Dubai as their business hub, Indian investors can enjoy a professional and conducive environment that offers numerous advantages for their company's growth and success.

Steps to Establishing a Company in Dubai

For Indian investors looking to set up a company in Dubai, there are specific steps that must be followed. YABSPRO is here to assist in selecting the appropriate business jurisdiction and company package.

Dubai's Free Zones and Mainland each offer distinct advantages when it comes to establishing a company. Free Zones, for instance, provide an ideal choice for trading companies due to the zero percent import duty.

Similarly, Mainland Dubai offers entrepreneurs the flexibility to expand their business, hire additional staff, and have better control over rents, making it a promising option.

The following steps outline the process of setting up a company in Dubai:

1. Select the appropriate business jurisdiction and review the available business activities.

2. Finalize the trade name and business activity for the company, and obtain initial approval from the relevant authorities.

3. Submit the necessary documents, including the Investor Profile, Photograph, Passport Copy, and Entry Stamp, along with the company registration application.

4. Choose an office space or warehouse facility for your company and arrange the tenancy contract (YABSPRO will provide guidance in this matter).

5. Make the required fee payment and obtain the trade license for your company.

6. Proceed to open a corporate bank account for your company. New-age digital banks, such as WIO Bank in the UAE, offer digital bank accounts with UAE IBAN and multiple banking services.

By following these steps, Indian investors can successfully establish their company in Dubai. YABSPRO is committed to providing the necessary support and expertise throughout the entire process.

Popular Free Zones in Dubai for Indians

Setting up a company in Dubai is a hassle-free process for Indians, with no complications in obtaining the necessary permits and approvals. However, it is crucial to ensure that the provided documents meet the stipulated requirements.

Here, we present a selection of the most sought-after Free Zones in Dubai for Indian investors.

1. Dubai Airport Free Zone

Dubai Airport Free Zone (DAFZA) stands as one of the most esteemed Free Zones in the UAE. It offers a diverse range of business activities and office spaces that cater to the specific needs of Indian investors.

This Free Zone provides investors with top-notch office spaces, including co-working areas, fully-furnished offices, and warehouses, among other facilities. These amenities are designed to meet the diverse requirements of businesses and ensure a conducive environment for growth and success.

By choosing DAFZA, Indian investors gain access to a prestigious location that not only facilitates their business operations but also enhances their professional image.

With its exceptional services and state-of-the-art infrastructure, DAFZA is undoubtedly a prime choice for Indian entrepreneurs seeking to establish a strong presence in Dubai.

The Free Zone is a thriving community of diverse businesses and entrepreneurs who work both collaboratively and independently to achieve their business goals. DAFZA provides an ideal platform for Indian entrepreneurs to scale up their businesses and seamlessly expand into the UAE market and beyond.

Dubai provides a range of options for Indian investors looking to establish a company, with the flexibility to manage their business remotely or relocate to the UAE. The proximity, advanced infrastructure, and improved lifestyle make the UAE an appealing destination for Indian entrepreneurs and their families.

2. Dubai Silicon Oasis-IFZA

Dubai Silicon Oasis-IFZA is a dynamic marketplace located in Dubai, serving as a startup hub for the UAE and the Middle East. It offers exceptional facilities and resources for entrepreneurs to easily launch their businesses in the UAE.

Within the Free Zone, you will find a wide range of multinational companies and startups, each offering various company packages and business activities. The cost of these packages varies depending on factors such as visa quotas and office space. For example, the cost of setting up a company in the IFZA Free Zone starts at AED 12,900 for a Zero Visa Quota.

3. Dubai CommerCity

Dubai CommerCity is another Free Zone that boasts a large warehouse facility specifically designed for the storage of eCommerce goods. They offer specialized warehouses for various industries such as pharmaceuticals, foodstuffs, and textiles. Additionally, the Free Zone provides custom-built warehouses to accommodate a wide range of business activities.

Conveniently located near the Dubai International Airport, Dubai CommerCity is well-connected by road transport to the rest of the UAE and GCC countries. This strategic location makes it an ideal choice for trading companies.

In conclusion, these Free Zones offer a professional and supportive environment for businesses and entrepreneurs to thrive. With their exceptional facilities, convenient locations, and diverse range of business activities, they provide the perfect platform for success in the UAE market and beyond.

4. Dubai Multi-Commodities Center (DMCC)

The DMCC Free Zone is a highly sought-after business center in the United Arab Emirates (UAE), renowned for its exceptional services and trading opportunities. It serves as an ideal location for companies engaged in various sectors, particularly those involved in gold and precious metal trading, as well as crypto trading and blockchain applications.

This Free Zone presents a diverse range of business activities that are particularly attractive to Indian investors. It has become the preferred destination for Indian investors involved in trading, services, consulting, and, more specifically, gold trading.

Therefore, for Indian entrepreneurs seeking to establish a company in Dubai, there are numerous options to explore. We encourage you to connect with our team of expert Business Consultants, who can provide you with a comprehensive business package tailored to your specific needs for your new company in Dubai, UAE.

In conclusion, Dubai offers a plethora of Free Zones that are particularly popular among Indian investors. Among these, Dubai Airport Free Zone stands out as a prestigious and well-equipped hub that caters to the diverse needs of businesses. By choosing DAFZA, Indian entrepreneurs can benefit from a professional and conducive environment that fosters growth and success.