- Choose a business activity
There are many business activities in Dubai. Dubai Development of Economic Department has the available list of permitted business activities. You can choose your best business and we will also help you to decide the appropriate company.
- Reserve your company name
Selecting a company name includes certain criteria. It is forbidden to use offensive words, company names cannot contain religious references. If you are using your personal name for your company, you are required to provide your both first name and last name
- Apply for initial approval
After the approval of your company name, you need to apply for an initial approval certificate from Dubai Department of Economic Department DED. Once you get an approval, your company will receive an entry from the commercial registry.
- MOA & LSA Agreement should be prepared
To authorize your Dubai LLC, you and your business partners need to draft and sign a Memorandum of Association. This MOA needs to be a formal translation, and need to be attested by a Notary public
For a professional service license, you must sign a Local Service Agent LSA or corporate agent agreement with a UAE national though he has no control or ownership but he will represent your business with regards to licensing and compliance.
- Find the perfect location for your company
It is mandatory to have a business office for LLC company formation in Dubai. You can locate your office anywhere throughout UAE. Once you found your perfect location you need to get your rental contract attested by Ejari, the mandatory registry of tenancy contracts. For ordering the trade license, an attested rental contract is necessary.
- Collect your trade license
You need to submit all the documents to the Dubai economic department after completing the above steps. If you met all requirements, you will get a Trade License, Certificate of Incorporation, Memorandum of Association, and Share Certificates of your company
- After You started your business:
-You need to fit out your office
-You must register your employees with the ministry of Labour and General Authority for pension and social security
-Processing visas, labor cards and other legal documents
-The LLC’s MOA is then published in the Bulletin of the Economy and Commerce Ministry
-A bank account needs to be opened.