Business Setup Law Services In Dubai

UAE is the center of attention of big ventures and large-size corporations for starting a business. Now, Dubai is a leading hub of successful businesses in the whole world. Undoubtedly, it is the most attractive destination for investors to start a business because of its newly developed landscape & business-friendly policies.

The UAE government empowers business unity with protective laws. The UAE business policies don’t include tax, liberal running conditions, protection of assets and privacy. 

Therefore, a multitude of large enterprises & business corporations have already marked their success in this highly competitive marketplace. That has also made tough competition for new startups and business initiatives. 

In order to thrive your startup to its fullest potential, you need the right guidance of professional legal advisors. At My Dubai Lawyers, we offer you greater insights into the new business startup. 

Our lawyers are specialized in business setups in Dubai. We have been providing all types of information & registration services backed with our quality strategic legal advice to hundreds of businesses in Dubai. 

Want to scale up your business startup to new heights? My Dubai Lawyers assist investors in creating joint ventures, acquisitions, partnerships & complete business start-ups. 

 

How Do I Setup a Company in Dubai? What Are Some Documents I Need?

There has never been a better time to initiate your startup in Dubai. Because it is an ever-growing & highly promising marketplace. However, in order to start up a successful business in Dubai, you have to run through the following strategies; 

 

 

Build Your Business Plans & Activities:

 Build a clear vision about the nature of your business and align your professional activities                            respectively. 

 

 Carefully Choose Your Business Name:

 The UAE law has strict rules regarding the companies’ names. Therefore, you should hire a                           business setup lawyer in Dubai to figure out the best suitable name for your business. In this way,

it won’t take too long to register your company/ brand’s name & copyrights.

 

Prepare & Submit All The Paperwork:

 

 Submit all the documentation including; 

• Application for your chosen company’s name.
•  Shareholders’ passports to the relevant government authorities.
•  Business plan or Non-Objection Certificate (NOC).
• Letter from a current sponsor confirming that you are allowed to set up another business in the UAE. 

Definitely, it can be a difficult task to proceed with paperwork and dealing with legal obligations. However, a professional, well-established and experienced business incorporation law firm can help you break through all the challenges and take a fresh start on your successful business setup. 

 

Receive Your License:

After you have submitted your application then you have to wait for the UAE government to proceed with your license. At My Dubai Lawyers, we ensure our availability and promptness to the client by notifying them as soon as their license is prepared. 

 

Open A Bank Account:

 

Once, you have received your license then you become able to open a bank account in Dubai. Since 
Dubai is a home of many banks including local & international. So you can either select a bank of

 your own choice or decide with your business partner.

  

Process Your Visa:

 

 This is the final step to open a company in Dubai. In order to proceed with this step, many free                 zones allow you to put in applications for your staff and dependants. Make sure that you and anyone
you are hoping to sponsor for a visa meet all of the entry criteria. 

 

 

Is It Really Expensive to Hire A Business Setup Law Firm in Dubai?

 

The procedure of setting up a business in Dubai changes according to your selection of free zones. However, if you’re a foreigner who wants to set up a business in Dubai then the procedure will be totally different from local companies and free zone companies. 

 

If you don’t want to dive deep into the ocean and let your business suffer from your mistakes. Then you should definitely consult with a business incorporation lawyer. 

 

Generally, if you just want to take a 15-minute business setup advice session in the UAE then it can cost you almost AED 102.84 & if you want to acquire legal consultation to align and submit applications & documents for UAE LLC company formation then it can cost you almost 183.65 AED. 

 

Spending a few hundreds on proper legal consultation for a successful business startup is better than the failure of your business due to lack of knowledge. Therefore, hire the best business setup law firm to streamline the initiative of your company right away.  

 

What Are Some Benefits I Would Enjoy When Hiring Business Law Experts?

We Provide Legal Consultation On All Forms Of Business Formation

 

1. Business setup legal consultants at My Dubai Lawyers specialize in advising on all forms of business formation that are included in the business setup procedure of the UAE.
2. We can help you register all types of licenses issued by the Dubai Economic Department. 
3. We help all major free zones companies in the UAE including foreign investors with your business setup as well. 
4. Even if you’re a foreigner who owns the entire one hundred percent shareholding then we’ll also help you to setup a company in your selected freezone. 

We Provide Reliable Business Setup Legal Consultation Services

 

 

1. You can initially schedule a free consultation session with our business setup lawyers.
2. We are always transparent to our clients and offer competitive pricing formulae. 
3. We offer assistance with the opening of the company’s bank accounts.
4. Our business set-up lawyers also assist you through visa issuance. 

 

We Help You With The Formation Of Mainland Company Incorporation:

 

The Department of Economic Development (DED) is the main licensing institution that regulates the business formation in the Emirate of Dubai. We provide legal consultation services for all the companies that are issued by DED. 

 

We Advice You For Trading License:

 

A limited Liability Company LLC, public joint-stock company PJSC or private shareholding company PSC issues the trading license. 

 

LLC is the most common and cost-effective option for setting up a business in the UAE Commercial Companies Law. It requires that 51% of the shareholding must be registered in the name of a UAE national or a company must be owned by 100% UAE nationals. 

 

Usually, a UAE national who acts as a local sponsor signs side agreements in order to protect the rights of the expatriate shareholders and their actual stake/shareholding in the business. Then they grant them full control of the management of the Company. 

 

Our business setup lawyers draw on their decade above years of experience in UAE laws and protect the investor’s rights in the UAE to draft official agreements. 

 

Get The Right Consultation For Professional License (Civil Company):

We help our clients to issue for qualified professionals & companies in the field of engineering, consultancy and vocational activities. 

 

Scale Up Your Branch/ Representative Office:

 

In the UAE, a branch of a foreign company can only perform the business activities that are defined by the parent company. We help representative offices to conduct promotional activities to benefit the parent company. That’s why My Dubai Lawyers is the premium choice for business set law services for international companies and local companies all around the world who want to setup their branch offices in Dubai.  

 

We Streamline Free Zone Company Incorporation:

 

A free zone company allows foreign investors to set up their businesses and own the entire 100% shareholding in the zone company without the need for a local sponsor. 

 

Our business setup lawyers will provide you legal consultation and assist in the company formation for all major free zones in the UAE including;

• Jebel Ali Free Zone.
• Dubai Internet City.
• Dubai Media City.
• Dubai Multi-Commodities & several others.

We assist industry-specific companies to understand the particular set of rules of their selected free zone and streamline their business operations with the right planning. 

 

In fact, our law firm is the best option for business incorporation legal assistance for small and medium-sized companies who prefer to setup in the free zones established in other smaller Emirates such as Sharjah, Fujeirah and Ajman, for cheaper business set up.

 

Besides these types of companies, we also offer business incorporation legal consultation services for the formation of Foreign Investment Companies, Professional Services Companies, Commercial Agencies & Offshore Companies. 

 

Want to create the right planning for your business formation in Dubai. Reach out to our legal advisors & discuss your requirements for setting up a business in Dubai and the UAE in general