Starting a business in the UAE
- AGLIO analyzes the needs of the business and offers solutions to help the owner of the company not to lose strength, time and money.
- AGLIO will provide comprehensive business support, recommend a trusted partner company to solve various problems, including staff recruitment, legal support, translation and legalization of documents, etc.
- AGLIO is a long-term partner. After obtaining a license and starting a business, we will take care of the annual renewal of the license, provide accounting, prepare tax returns and assist in auditing.
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- 1 High business
activityThe operation of the largest business centers in the region, dynamics of economic growth, logistics and a variety of financing options (crowdfunding, equity, loans, etc.) make the Emirates ideal for start new business.
- 2 Advanced
e-commerceThe tech savvy and consistently high standard of living of the UAE population is driving online consumer demand. Business is relocated to the Internet, because special zones for e-commerce have been created in the UAE.
- 3 Digitalization and
logistics hubsThe state is investing in digital transformation: the blockchain is working, artificial intelligence is being introduced, and the digital government is functioning. A well-thought-out logistics infrastructure, sea and air communication are attractive for starting a business in the UAE.
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Define of the type of activity
We recommend assessing the demand for the product in the region. It is worth considering that a business license is issued for a specific, interconnected group of activities and may require obtaining several licenses and registering several companies. If the activity requires special permits (such as medicine and education), make sure you can meet the criteria for that activity.
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Prepare tade name options
Preliminary it is necessary to develop 3-5 variants of the company name. And also check the availability of the company name for use and book a suitable variant of the company name in the system. After reserving the company name, 6 months are given to complete all subsequent steps to register a company in the UAE.
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Determine the founders
For certain activities, UAE law requires the involvement of a local partner who is a citizen of the United Arab Emirates. He must own 51% of the company. In this case, you need to find such a partner. A local partner is a nominal shareholder whose presence increases the loyalty of banks and counterparties.
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Services we provide as part of starting a business in the UAE
Company registration
AGLIO "leads by the hand" through all stages of company registration in the UAE. We provide a range of interrelated services: from registering a company name to obtaining a license and obtaining a visa for an investor.Assistance in opening a bank account
AGLIO will help to check the documents before submitting to the bank in order to increase the likelihood of a positive decision on opening an account and, after 3-4 weeks of waiting, not to start again.
- 1st stage. Company name reservation
- 2nd stage. Obtaining an innitial approval
- 3rd stage. Conclusion of a tenancy contract (rent of office or permission)
- 4th stage. Signing the Memorandum of Association (charter)
- 5th stage. Obtaining a business license
- 6th stage. Obtaining residence visa for founders
Price of services
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How long does it take to open a company in the UAE?
The average time for registering a company is 10 days. However, if additional permits are required for certain types of activities, then the registration period may be longer.
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Does the procedure for opening a company differ for businesses from different industries?
Yes. For businesses that require special permits or register in special designated zones, the procedures will be different.
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Is it necessary to be a UAE resident to open a business in the Emirates?
No, not necessarily. It is possible to open a business and after that obtain UAE residency.
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What documents are needed to open a company in the UAE?
- Founder passport copy
- Power of attorney to represent interests if one of the founders is absent at the time of registration in the UAE
- CV ( in English), which confirms the work experience related to the future activities of the company
- List of desired company names for the Trademark reservation
- List of company activities (in accordance with the list of possible in the UAE)
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