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Company Incorporation
Mainland Company Formation & Business Setup in Dubai & UAE
The United Arab Emirates stands as a beacon of safety and a pivotal trading epicenter in the Middle East. Its allure as a tax haven, bolstered by a robust banking network, makes it an unrivaled choice for entrepreneurs and businesses seeking an ideal locale for company setup and bank account establishment. With a spectrum of options at your disposal, even a minor misstep could spiral into significant challenges. This is where the expertise of a seasoned professional becomes indispensable. Opting for a skilled guide can streamline your path, ensuring a smooth and error-free journey.
At RNI Consulting, Dubai, we specialize in crafting bespoke solutions for every business dream. Whether you’re an aspiring individual entrepreneur or poised to take the reins of leadership, our team of seasoned business setup consultants is here to transform your vision into reality.
Our services extend beyond mere company formation. We offer comprehensive support in setting up Limited Liability Companies (LLC) and Mainland Companies in Dubai, alongside expert guidance in establishing a presence in the UAE’s dynamic free zones and offshore company formation.
But our expertise doesn’t end there. RNI Consulting also provides a suite of services including company incorporation, seamless business setup company assistance, and critical financial services like taxation, accounting & bookkeeping, auditing and assurance. Additionally, our legal business advisory and consultation services ensure that your venture not only takes off smoothly but also thrives in the competitive UAE market.
As per Commercial Company Law of UAE, a company is defined as a contract under which two or more persons are committed to participate in an economic enterprise with the objective of profit realization by contributing a share in capital or work and dividing between themselves the profit or loss resulting from the enterprise Article 8, Clause 3 of CCL also says that a company can be incorporated or held by a single person in accordance with the provisions of this Law.
Sometimes when setting up a company with others, it may be a bit more complicated. You may wish to include specific conditions and clauses to provide you and your business partners with peace of mind or create multiple share classes to give you more flexibility in sharing your profits. This is also something that our company formation services can help you with. If you would like us to assist you in forming your company or business setup, please call us on +971-56-418 -1640 or enquire online.
Forms of Companies
Sole Proprietor
A Sole Proprietorship is a business owned by an individual, not a company. This individual will possess 100% of the business, control the all part of its activities and keep 100% of any profits. He or she will likewise be 100% in charge of business obligations and some other financial commitments.
Civil Company
A Civil Company is a business partnership for professionals such as doctors, lawyers, engineers and accountants.
One Person Limited Liability Company
The one person limited liability company is owned by one natural or one corporate body. This company is different from other forms that require at least two parties to sign a contract. The one-person company comprises of only one person. It is like the sole-proprietorship however they vary in a few provisions, the most important of which is that its liability is limited to the single partner’s share whereas in the sole-proprietorship the liability is unlimited.
Private Shareholding Company
A Private Shareholding Company (Private Joint-Stock Company) is a partnership of 2-200 people. A minimum capital of AED 5,000,000 must be invested by the partners in the business.
Public Shareholding Company (Public Joint Stock Company) PJSC
Company whose capital is divided into transferable shares of equal value is the Public Share Holding Company.
Limited Liability Company
A Limited Liability Company (LLC)is an adaptable type of enterprise that mixes elements of partnership and corporate structures. An LLC must have between 2-50 investors, every one of whom is liable just to the extent of his or her share in the company’s capital. Except for public shareholding organization, an LLC can be changed to any other legal form.
Simple Limited Partnership
- Simple Limited Partnership is formed between a minimum of two partners that is one general partner and one limited partner. The general partners are liable for the liabilities of the company to the extent of all their personal and business assets; the limited partners are liable for a share of company liabilities equal to their share of the company capital.
Partnership Company
- A single business where two or more people share the ownership is the Partnership Company. Each partner contributes to every aspects of the business and the company must be administered unless a contract assigns administration to one partner or to another party.
Branch of a Foreign Company
- A branch of a foreign company can carry out professional activities and some commercial and industrial activities. For practicing commercial and industrial activities, an approval from the Ministry of Economy is required.
Representative Office
- A Representative Office for Commercial Activities isn’t a business structure in its own right but it’s a business activity that a branch can conduct. It has its own criteria, which incorporates the authorization to promote and market the business of the parent company – however not conduct business operations. A Representative Office requires a Local Service Agent (LSA), who can be a UAE National or a company owned by at least one UAE Nationals.
Branch of Dubai - Based Company
- A Branch of Dubai- based Company must carry out one or all the activities that are included in the main company license. For a company having multiple branches, each branch can carry out various activities as long as they are all included in the original license for the main company.
Branch of UAE- Based Company
- A Branch of a UAE-based Company must carry out one or all the activities that are included in the main company license. Different activities can be undertaken by each branch for a company with multiple branches, as long as they all were included in the original license for the main company.
Branch of a GCC- Based Company
- A Branch of a GCC-based Company must carry out one or all the activities that are included in the main company license. Different activities can be undertaken by each branch for a company with multiple branches, as long as they all were included in the original license for the main company. While other GCC countries may follow various rules in terms of combining activities, for Dubai branch licenses, activities of the same group only will be accepted, regardless of whether other activities are registered in the GCC main company.
Branch of a Free Zone Company
- A branch of a free zone company can practice professional, commercial and industrial business as long as the main company’s activity is authorised in mainland Dubai. If the main license of your company was issued in a UAE free zone, (not as a branch of a foreign company), then you can obtain a branch license from DED in order to expand your operations to mainland Dubai.
Freezone Company Formation in Dubai & UAE
UAE Freezone Company is the perfect choice for foreign investors who want 100% ownership of their business. Complete foreign ownership, exemption from tax, tax residency certificate etc make UAE freezones the most favorable location for company setup and attracts the investors for freezone company registration in UAE.
UAE has more than 42 freezones with separate jurisdictions. Each major freezone has more than 8000 companies registered and investors are forming bee-line to set up business in UAE freezones. Company registration in each freezone has different set of requirements, cost and legal structure.
The following types of companies are registered in UAE freezone:
- • Service
- • Commercial Trading
- • Industrial / Manufacturing
RNI Consulting group has professional company formation consultants with in-depth knowledge to guide investors on all matters starting from finding the right location to setup business, registration with Free zone, legal structure of company, getting trade license, registration with Chamber of Commerce, banking assistance, obtaining new director visa, employment visas and family visa etc.
Advantages of Free zone Company Formation in UAE:
- • Company registration in one day
- • Low setup fees
- • 100% Foreign Ownership
- • 100% Tax Free
- • 100% Capital & Profit Repatriation
- • Quick & cheapest company registration options
- • Exemption from all commercial levies
- • Hassle free transaction process
- • Low cost energy
Major free zones in UAE
Dubai Airport Freezone (DAFZA)
- DAFZA the flagship of Dubai with 5-star infrastructure, located adjacent to Dubai International Airport. It is the premium free zone with fully equipped offices and it will be ideal option for prestigious companies to set up your Dubai freezone company here.
Dubai World Central (DWC)
- Dubai World Central is a master-planned city around the Al Maktoum International Airport. The new name of DWC – Dubai South has brought new opportunities to the industry and you could open different kind of business here with the minimum cost.
Dubai Multi Commodities Centre (DMCC)
- DMCC is a highly reputed Dubai free zone, where you can purchase offices in JLT area with title deed with the guaranteed free of tax period for 50 years. Open your business in UAE for trading in Oil & Gas, Steel, Gold, Commodities together with DMCC.
Dubai Creative Clusters Authority (DCCA)
- DCCA is focused to promote the development of creative industries in Dubai and to develop the Dubai Strategy for Innovation.
Hamriyah Freezone (HFZA)
- Hamriyah Free Zone is fast becoming one of the cornerstones of the United Arab Emirates industrial development. Situated in Sharjah, hamriyah Freezone has become the industrial hub of emirate. The Authority issues various type of license at a very competitive cost.
SAIF Zone
- Sharjah Airport International Free Zone is the first ISO Certified Freezone in the region, located adjacent to the Sharjah International Airport. Register your company with SAIF in 2 days only! SAIF Zone proposes the best rates for free zone company formation in UAE. Your freezone company would have direct access to Sharjah port and International Airport.
Ajman Freezone
- Ajman Free Zone is popular for its cost effective license packages. Ajman free zone offers the best &cheapest packages for company registration in UAE, where you can choose the best options of office, license and other tools. You could register company very fast with the minimum package of documents.
RAKEZ
- RAKEZ is formed by the merger of RAK Free Trade Zone (RAKFTZ) & RAK Investment Authority Free Zone (RAKIA). RAKEZ is known as the most innovative freezone in the world. Proposing you the cheapest and international level economic zone with flexible packages and services as well as state-of-the-art facilities. Here you have options of establishing either freezone and non-freezone company. Please click the Read more button to know more about rak free zone company setup.
Jebel Ali Free Zone Authority (JAFZA)
- JAFZA is the first freezone in the UAE located at Jebel Ali Port, which is the biggest port in UAE region. JAFZA is equipped with the big number of offices, warehouses and as well you have a possibility to construct your own office by choosing the plot suitable for you.
Sharjah Media City (SHAMS)
- The latest freezone in Sharjah, focusing on media related license. By choosing the minimum package of flexi desk you will be able to get up to 6 visas for the best price. To establish your company with SHAMS no deposit is required and no need even for your physical presence in UAE.
Sharjah Research, Technology & Innovation Park (SRTI Park)
- The Sharjah Research, Technology and Innovation (SRTI) Park is a Free Trade Zone near to the University City of Sharjah. It is one of the newest Freezone of UAE and is focused on promoting academics, research & innovation in the region.
Fujairah Free Zone
- Free Zone of Fujairah offers excellent connectivity, to the world; by air, sea and road. Fujairah is one of the fastest and cheap free zone where you can set up company in UAE with no annual reporting and capital requirements.
International Free Zone Authority, Fujairah (IFZA)
- IFZA, the new freezone in Fujairah is the latest addition to the freezones in the UAE. IFZA has become the fastest growing business hub and one of the cheapest freezone in UAE. The main feature is that companies incorporated in IFZA are Limited Liability Company with ‘LLC’ suffix. Presence of shareholder at freezone is not required. It has quickest and easiest freezone company registration process.
Abu Dhabi Airport Freezone (ADAFZ)
- Abu Dhabi Airport Freezone is located in the vicinity of Abu Dhabi International Airport. It welcomes both local and foreign business providing a world-class infrastructure and meets all the business requirements.
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Contacts
Visit Us Daily
Office No 1407, The Regal Tower, Business Bay, Dubai – UAE
Have Any Questions?
+971-56-418-1640
Mail Us
info@rniconsulting.ae