Legal Requirements for Company Registration in Dubai, UAE

1
Legal Requirements for Company Registration in
Dubai, UAE
2
An Overview

• Dubai, a global business hub, offers numerous
  opportunities for entrepreneurs looking to
  establish their companies. However, understanding
  the legal requirements for company registration
  in Dubai, UAE is crucial to ensure a smooth setup
  process. MPMS is a top business consultancy with
  a business setup specialist in Dubai to ensure a
  smooth and compliant company registration
  process. With proper planning and adherence to
  legal requirements, you'll be well on your way to
  establishing a thriving business in Dubai. 

3
Determine Business Activity 

• The first step in the registration process is to
  define the nature of your business activity. The
  Department of Economic Development (DED) in Dubai
  divides commercial activity into different
  categories. The type of business activity will
  influence the type of license you need. 

4
Choose a Business Structure

• Dubai offers several business structures,
  including Limited Liability Company (LLC), Free
  Zone Company, and Branch Office. Every structure
  has advantages and legal requirements of its own.
  For instance, an LLC requires a local sponsor who
  holds 51 of the shares, while Free Zone
  companies can be wholly owned by foreign
  investors. 

5
Select a Trade Name 

• Choosing an appropriate trade name is essential.
  The name must comply with Dubais naming
  conventions, avoiding any offensive language or
  references to religious or political
  organizations. The trade name needs to be
  original and unregistered. 

6
Obtain Initial Approval

• Before proceeding with the registration, initial
  approval from the DED is necessary. This approval
  shows that your commercial activity is not
  opposed by the government. You will need to
  submit your business plan and other required
  documents.

7
Draft and Notarize MOA 

• For most business structures, including LLCs,
  drafting a Memorandum of Association (MOA) is
  mandatory. The MOA outlines the ownership and
  management structure of the company. A public
  notary in Dubai must notarize this document. 

8
Lease Office Space

• A physical address is required for company
  registration. You must lease office space and
  provide the tenancy contract as part of the
  documentation. Free Zone companies can use
  Flexi-desk options provided by the Free Zone
  authority.

9
Obtain Licenses 

• Getting the required licenses is the last stage.
  This could be a commercial, professional, or
  industrial license, depending on the nature of
  your business. Additional approvals from other
  regulatory bodies may be required for specific
  activities.

10
Thankyou

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