Join the league of multiple successful businesses with Auctus Advisors as your trusted partner for business setup in Dubai, UAE, from Pakistan. We specialize in helping entrepreneurs navigate the complexities of the UAE market, ensuring that your business setup in Dubai is smooth and efficient. With our comprehensive range of services, including company formation, visa processing, and corporate banking solutions, we provide a personalized approach that caters to your specific needs. Our goal is to make the process of low-cost business setup in the UAE hassle-free, while ensuring your venture thrives in one of the world’s most dynamic business hubs.
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Consultants in the UAE
Musa Khan Durrani
CEO - Auctus Advisors
Kashaf Zubair
Manager Operations - Auctus Advisors
Usman Jahangir
Business Development Consultant50+
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Setup In Dubai
You must comprehend the various benefits you and your venture can enjoy under the 100% foreign
ownership law. Discussed below are some of the significant benefits:
Opportunity to Manage Government Consignments
Companies launched in the mainland can handle profitable government projects with 100% foreign ownership. The government consignments have contributed largely to the growth of the economy and such chances would help firms get more stability and function to their full potential.
Diversification in Business
The mainland enterprises are allowed to manage a wider range of activities. If you want to diversify your offerings on the mainland, all you need is to re-register your new activity with the Department of Economic Development (DED) and you can trade freely.
Therefore, the availability of 100% ownership for foreign investors in the UAE would encourage investors to explore Dubai’s local marketplace and diversify their venture’s model accordingly.
Freedom in Decision Making
When foreign investors hold full ownership of their company, they can enjoy the freedom to make decisions that best suit their business interests. If not, they would have to consider the aspect of shareholders (local and foreign) before taking any significant step.
Saves Time and Money
The government of the UAE now enables numerous enterprises to carry out their business activities without any local sponsorship. Therefore, with less formality and paperwork, you can start operations as soon as your company is registered.
The 100% foreign ownership amendment allows a business to save sizable money that might originally have been spent on other formalities. Now, they can use this money and time for some other productive business purpose.
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Steps To Set Up A Company With
100% Foreign Ownership
You must comprehend the various benefits you and your venture can enjoy under the 100% foreign
ownership law. Discussed below are some of the significant benefits:
Trade Name Reservation
You need to finalize the name of your venture and send it for approval. Once done, you can get going with the further steps. Furthermore, It’s vital to note that the trade name you choose should be free of any derogatory or offensive terms.
Moreover, it shouldn’t be provocative or demeaning towards any caste or religion. You need to use the full name of a person in case you want that to be the legal name of your enterprise.
Finalize the Business Activities
The DED maintains a list of permissible operational activities applicable to the Dubai mainland. Thus, if you want to make the best use of the local marketplace, you need all the allowances to bolster your venture’s working flexibility.
Choose from the list of activities and get in touch with the concerned departments to get any external approvals. Furthermore, remember that you’ll enjoy 100% business ownership only when your activities meet the expected criteria. If not, you’re free to launch a traditional limited liability company by connecting with a local agent.
Document Submission
Paperwork and documentation are paramount to running a risk-free and fully secure business in the Emirates. In addition, the government also takes documentation very seriously. For the same reason, the crime rates and fraud episodes are very sparse in the region.
You need to prepare the MoA, get it attested, obtain the initial approval, etc., as part of the business registration process in the UAE.
Secure Office Space
Renting an office space is the preferred choice since it’s cost-friendly and easily manageable. Investing in real estate in Dubai can be an uphill assignment for SMBs and new businesses as they don’t have enough funds during the initial stages.
Hence, you should rent office space in the UAE and connect with Shuraa’s business experts to get value-for-money spaces.
Apply for a Business License
If your business model needs a professional license, you’ll enjoy 100% business ownership in the UAE. Representative offices of foreign companies and several other businesses can also get these advantages with their license.
You’ll need to approach the DED and file in your application for the trading license. Moreover, you’ll get it once all the formalities are finished from their end.
Manage Visas
Once you have the trading license, you can submit your visa request. In addition, you can also secure an investor visa if your application matches the set criteria. Finally, you need to open a corporate bank account for your enterprise to manage the transactions.
Therefore, choose a reliable bank that’s ideal for long-term associations. That;s it. You have finished all the obligatory steps to set up your company with 100 percent foreign ownership in UAE.
Steps to Form Your Company In Dubai
- 01. Talk to Auctus’s Corporate Advisors
- 02. Finalise your list of business activities
- 03. Apply for the License
- 04. Get your visa and Emirates ID
- 05. Open a Corporate Bank Account
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Client Testimonials
Auctus Advisors facilitated our eCommerce company’s setup in UAE with impressive speed and efficiency. Their quick turnaround and cost-effective solutions were outstanding. Highly recommended for smooth business establishment.
Akbar Aslam
Owner, Akbar Aslam Designers
With solid knowledge of the process, Auctus Advisors helped set up our IT company in UAE seamlessly. Their strong after-sales support was invaluable. We highly recommend their reliable and professional services.
Mohammad Hameed
Director, Prime System Solutions
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