Start Your Civil Company in Dubai – A Complete Guide

1. START YOUR CIVIL COMPANY IN DUBAI A COMPLETE GUIDE

2. Dubai, being the central hub of innovation and technology, is an attractive spot for business and services. People from all around the globe want to establish themselves in this rich Emirate of the UAE, either through company formation in Dubai or by gaining a Dubai work visa. Similarly, practitioners from different fields work together by forming partnerships and establishing civil companies in Dubai. Those people engaged in the fields of medicine, law, accounting, and so on find it very useful. In this blog, we will be taking a dig at the civil company in Dubai, eligibility, benefits, license cost, and so on. So let us start with the exact meaning of it.

3. WHAT IS A CIVIL COMPANY IN DUBAI? A civil company in Dubai is a partnership between two or more individuals, both locals and foreigners, to provide professional services. While foreign nationals can have 100% ownership, they must appoint a Local Service Agent (LSA) to assist with legal formalities and government approvals. The LSA does not have any ownership or financial stake in the company. This structure in UAE allows professionals to establish their businesses in Dubai and offer a wide range of services to clients, contributing to the emirate’s diverse economy. partnership business

4. ELIGIBILITY AND REQUIREMENTS TO FORM A DUBAI CIVIL COMPANY Here are the key requirements for the establishment of a civil company in Dubai: Ownership: Foreigners can have 100% ownership in a civil company. Legal Agreement: A detailed civil agreement is required between partners. Local Service Agent: Appointing a local service agent is mandatory. Trade Name: The trade name should reflect the company’s activities. Multiple Branches: The company can establish multiple branches within the UAE. Legal Framework: Adherence to the legal service essentials for UAE business and framework laid out. Flexibility: The company can modify its legal structure within regulatory guidelines.

5. HOW TO SET UP A CIVIL COMPANY IN DUBAI, UAE? Here is a step by step procedure to set up a civil company in Dubai 1. CHOOSE A BUSINESS NAME AND ACTIVITY: Select a unique and appropriate name for your company. Determine the specific activities your company will undertake. 2. APPOINT A LOCAL SERVICE AGENT: Hire a UAE national to act as your legal representative. The local service agent will assist with legal formalities and government approvals. 3. OBTAIN INITIAL APPROVAL: Submit an application to the Department of Economic Development (DED) for initial approval.

6. 4. SELECT A BUSINESS LOCATION: Choose a physical office space or opt for a virtual office. It depends on nature of your business and type of license you need. 5. PREPARE LEGAL DOCUMENTS: Draft a Memorandum of Association (MOA) outlining the company’s structure and operations. Prepare a Local Service Agent Agreement detailing the relationship between the foreign partner(s) and the local agent. 6. SUBMIT APPLICATION AND DOCUMENTS: Submit the completed application form, along with required documents such as passport copies, visa copies, and a lease agreement. 7. PAY FEES AND OBTAIN LICENSE: Pay the necessary fees to the DED. Upon approval, you will receive your trade license. For a more defined version and details, you can get in touch with Dubiz Business Setup and get a helping hand with company formation in Dubai.

7. DIFFERENCE BETWEEN CIVIL COMPANY AND LLC Here are the key differences between the two. 1. LLC COMPANY FORMATION IN DUBAI Limited Liability: Business obligations do not affect your personal assets. Greater Flexibility: Provides greater freedom with regard to management and ownership. 2. ESTABLISHMENT OF CIVIL COMPANIES: Simpler Structure: Compared to LLCs, it is easier to set up and manage. Unlimited Liability: In the event of business indebtedness, your personal assets may be at stake. When selecting the best business structure for your venture in Dubai, take these considerations into great consideration

8. BENEFITS OF FORMING A CIVIL COMPANY IN DUBAI There are various benefits to forming a civil company in Dubai, which include the operational system as well as the business aspect. Here are some of the major benefits: Quick Setup: The process can be completed in as little as 90 minutes. Multiple Visa Options: Enables sponsorships for various visas, including family members and employees. Low Initial Cost: Lower setup costs compared to other business structures. Flexible Ownership: Allows for multiple shareholders with different nationalities. Government Support: Benefits from a supportive government environment and favourable business policies

9. COST OF CIVIL COMPANY LICENSE DUBAI To start a civil company in Dubai you would be required to get a professional license in Dubai, which might cost you about AED 7,000* (government cost). With Dubiz, you get an exclusive civil company license package that will cost you around AED 14,000* and will take care of your essential needs. For more details, you can contact Dubiz Business Setup.

10. HOW CAN DUBIZ BUSINESS SETUP HELP? You will find a team of dedicated professionals at Dubiz Business Setup who not only have the knowledge but will also provide you with the right advice when it comes to company formation in the UAE. While our main service is to help you as a business in the Emirates, we can also help you with visas like the Dubai work visa, freelance visa Dubai, maid visa in Dubai and so on. To get the best estimate of your new business ideas in Dubai.

11. CONTACT US +971 563695485 dubiz.co info@dubiz.co Office number 2908, Al Manara Tower, Business Bay Dubai.