How to Register a Company in UAE from India?

If you are willing to start your own company in UAE from India, then you are at the right place. There are many advantages to open a company in UAE? In this article, we will understand How to Register a Company in Dubai from India. We will also see what documents you need to do so. The UAE government has introduced various business-friendly reforms that empower anyone outside the UAE to open a company. You don’t need to have a co-founder who is a citizen of the UAE to open a company there. First, we need to understand what type of companies of business one can set up in Dubai and what zones.

1- Main Land Company

A Main Land Company can be opened by any person living inside or outside the UAE. The founder can open Showrooms, cafes, Saloons, etc as a Main Land Company. There is no restrictions on the number of Visas and the bank account can be opened easily. Founder also gets the advantage of managing and operating the company easily.

2- Free Zone Company

It is a type of company in which one can perform imports and exports outside the mainland. The company can be set up online and there is the ease of doing business there. There is also no need for a Yearly Audit. The documentation is easy and it is very cost efficient.

3- Offshore Company

It is a company in which the owner can hold Foreign assets. There are 3 offshore zones in UAE. The company opened in offshore and cannot do business in the Main Land. There is 100% ownership and confidentiality. The only thing to note is that there is no residence visa for the employees of the company.

Let’s see the steps to do so:

1- Deciding the Activity of the Business

As we have talked about the types of business one can open in several zones, it is important to know, what is the main activity of your business. For several kinds of companies, you need some kind of documents, certificates, and approvals. You must submit all of these to the relevant authorities.

You can choose the free zone setup, if you want to open a company in certain economic zones. However, if you want to open a company in the Main Land, then you need to register the company in a sole proprietorship or an LLC.

2-  Registering the Company Name

The next step is to choose the name of the company. It is the most important step, as the name f your company implies what your business is all about. You should also keep in mind, the feelings and the culture of the country. Some inappropriate names includes – Allah, Gangster, FBI etc are not accepted.

3- Choosing Business Location

The next thing is to choose the business location or the jurisdiction. The location of any business or company matters the most. You can choose where you want to open your company according to the needs of the people.

4- Creating the MoA/LSA

People who are looking to open their companies at the Mainland of UAE have to transfer 51% ownership of the company to a national citizen of the UAE. But you can also open a company without even transferring 1% of ownership if you open a company in free zone.

The other option is to work with the LSA (Local Service Agent) if you want to open your company in Main Land. They will not interfere in your business activity but it provides you ease in applying for licenses. In this case, you don’t have to transfer 51% of your company ownership.

5- Apply for Business License

The next thing is to apply for the license of the business. People who want to start a company on the Mainland have to apply at the Department of Economic Development (DED) to acquire a license. People who want to start a company in other zones can apply to their respective authorities.

6– Creating/Applying for Business Bank Account 

After all the 5 steps, one need to apply for the Business Bank Account for their company in UAE. There are varieties of banks to choose from. Make sure to choose the banik which provides benefits and which meets the demand of your business.

Documents Required to Open a Company in UAE from India

A- Passport Size Photos

B- Application Form

C- LSA/MoA Document

D- Passports

E- Visa

F- Ejari Number of Rental Space Agreement

CONCLUSION 

So these were the steps to register a Company in UAE from India. Make sure to read all the instructions carefully and choose the correct zone to open your company. Keep all the copies of your documents handy and carry all the documents. If you have any other questions or comments, then share them below.