Empowering Entrepreneurs to Thrive in the UAE
Unlock your potential and navigate the business landscape with confidence. Our expert guidance ensures you have the support you need to thrive.
Years in business
+
Team Members
0
+
Happy Customers
0
+
About Us
Transforming Your Vision into Reality
“At AskConsultancy, we connect you with opportunities in the UAE and beyond.”
Shireen Kapoor, a dual-licensed lawyer in Canada and India, is the founder and principal legal expert at ASK Management Consultancy. Renowned for her proficiency in corporate law, international business strategy, and global migration advisory, Shireen offers comprehensive guidance to clients navigating the UAE’s dynamic business landscape. Her extensive background includes advising startups on company structuring, compliance, and strategic growth, along with managing complex immigration cases for high-net-worth individuals and overseeing multi-jurisdictional compliance for corporate expansions. Shireen’s hands-on experience across Canada, India, and the UAE enables her to provide uniquely tailored, tax-efficient solutions that empower entrepreneurs and investors to achieve seamless, successful setups in the UAE.
How Much Does Business Setup In Dubai Cost?
That depends. What is your business activity? Free zone or mainland? How many visas or shareholders? From our experience with business setup in Dubai for over 80,000 entrepreneurs, we have created the Business Setup Cost Calculator to give you the answer.
Already own a business?
Streamline your operations with our comprehensive corporate services:
Corporate Tax & VAT
Ensure compliance with expert advice on Corporate Tax and VAT obligations.
Bank Account Opening
Easily open business or personal accounts with trusted UAE banks.
Accounting & Payroll
Our team handles bookkeeping, reconciliation, payroll, and audits, reducing hiring costs.
Compliance Services
Navigate complex UAE regulations, including ESR reports and UBO filings, with our guidance.
Golden Visa
Secure long-term residency in the UAE through our seamless Golden Visa application process
PRO Services
Focus on your business while our PRO team manages administrative tasks, saving you time and money.
Legal Services
Get expert legal advice on UAE laws related to M&As, corporate restructuring, financing, and dispute resolution.
Already own a business?
Streamline your operations with our comprehensive corporate services:
Should You Handle Business Setup in Dubai on Your Own?
Considering starting a company in Dubai by yourself? While it is possible, there are important factors to keep in mind.
Numerous Options Available
With over 60 jurisdictions to choose from, how can you determine the best fit for your Dubai business? How do you ensure that you select the correct license and business activity? Avoid turning your business setup in Dubai into a trial-and-error experience.
It's a complex process.
Navigating the necessary authorities and government departments can be time-consuming and requires considerable effort. Expect to invest significant time and travel just to get started.
Expect a Mountain of Paperwork.
Starting a business in Dubai entails a significant amount of paperwork. From forms and applications to banking and legal requirements, the paperwork can be overwhelming—and that’s just the beginning.
While you might save some money, consider the real cost:
What is your time worth? Are you detail-oriented? Can you afford to delay your business plans for paperwork and meetings?
Business Setup in Dubai – Simplified with The AskConsultancy.
At AskConsultancy, our proven process simplifies your business setup in Dubai, saving you both time and money while removing the stress of starting your journey. With extensive industry knowledge and a robust network, we are leaders in this field. We’ve helped thousands of business owners navigate a complex landscape of options, allowing them to focus on launching their exciting new ventures in Dubai. Trust us to handle the heavy lifting so you can get set up the right way!
Which Business Setup Option is Right for You?
Setting up a business in Dubai (or anywhere in the UAE) can be complex. It’s crucial to make the right decisions that will shape your business journey and success. Key choices include selecting the appropriate jurisdiction and deciding between a Free Zone or Mainland setup.
Free Zones
- 100% Ownership: Retain complete control over your Dubai company.
- Zero Taxation: Benefit from 0% corporate and income tax rates.
- No Custom Duties: Save on import/export duties.
- Capital Repatriation: You can repatriate 100% of your capital and profits.
- Find Your Free Zone: Choose a free zone that best aligns with your business needs.
Mainland
- Wide Range of Activities: Business activities are unrestricted.
- Flexible Operations: Operate seamlessly within the UAE and internationally.
- Unlimited Visas: No restrictions on the number of visas, supporting business growth.
- Mainland Business Setup: Ideal for those looking to expand regionally or globally.
The Business Setup Process in Dubai
With AskConsultancy as your company formation partner, registering a business in Dubai is both simple and cost-effective! The entire process can take as little as 24 hours. Just provide us with your company’s relevant information, and we’ll handle everything else. Here’s how it works:
01
Prepare Documentation
Navigating the documentation process can be daunting for overseas entrepreneurs. We guide you in making the right decisions for your Dubai company and manage all complex paperwork.
02
Business License
Choosing and applying for the correct license is crucial for a successful setup. We help you understand the requirements and avoid common pitfalls, including securing any necessary prior approvals from authorities.
03
Visa Process
Choosing and applying for the correct license is crucial for a successful setup. We help you understand the requirements and avoid common pitfalls, including securing any necessary prior approvals from authorities.
04
Bank Account
Setting up a corporate bank account in the UAE can be challenging for international entrepreneurs. We ensure you have all the necessary information to approach your bank of choice with confidence.
AskConsultancy
Legal Services for Individuals, Businesses, and Corporations
Expert support tailored to your needs, ensuring seamless compliance and protection every step of the way.
Our Partners
Frequently Asked Questions
Our team at AskConsultancy addresses common questions from individuals worldwide regarding company formation in the UAE.
There are many compelling reasons to consider Dubai for your business venture:
● The UAE government actively promotes business growth as part of its long-term economic stability plan.
● Dubai offers a tax-friendly environment, along with competitive labor and financing costs.
● There are no foreign exchange controls, trade barriers, or quotas.
● Dubai's strategic location provides easy access to 1.5 billion consumers across
Africa, West Asia, Eastern Europe, and the Middle East.
● World-class transport links make it an attractive destination for businesses.
● The business setup process is straightforward and affordable.
● A large pool of highly educated talent and world-class infrastructure make Dubai ideal for startups.
● The high standard of living and unparalleled safety measures attract global talent.
● Conducting market research is simplified due to clear procedures and robust legal frameworks.
To start a business in Dubai, follow these essential steps:
1. Business Idea: Clearly define your business concept and identify your target
market.
2. Business Plan: Create a detailed plan outlining your objectives, market analysis, and financial forecasts.
3. Legal Structure: Choose between Free Zone, Mainland, or Offshore company structures.
4. Trade Name: Select a name that complies with the Department of Economic Development (DED) regulations.
5. Business License: Apply for a commercial, professional, or industrial license based on your business activities.
6. Documentation: Gather and submit necessary documents, such as your
passport, visa, and a No Objection Certificate (for expatriates) to the relevant
authorities.
7. Office Space: Obtain a physical address, which is essential for the registration process.
8. Corporate Bank Account: Once you have your license, select a bank that meets your business needs and open a corporate account.
9. Visas: If you plan to hire employees, process their visas, which are typically
determined by the size of your office and the type of license you hold.
10.Operational Setup: With administrative tasks complete, set up your operations and embark on your business journey.
Note: Requirements may vary depending on your specific business setup, so be sure to research the next steps for your chosen structure thoroughly.
Dubai's economy is strategically designed to foster local business growth and innovation. The UAE government, through the Department of Economic Development (DED), actively promotes entrepreneurship and ensures economic security by offering incentives such as low corporate taxes and streamlined business setups. This focus has earned the UAE the 16th spot on the global Ease of Doing Business Index. With a vibrant economy, Dubai attracts various industries and, thanks to its strategic location, provides access to extensive markets across the East and West. The city’s free zones—such as Dubai World Trade Centre (DWTC), Jebel Ali Free Zone Authority (JAFZA), and Ras Al Khaimah Economic Zone (RAKEZ)—enhance opportunities, while initiatives like Scale2Dubai offer funding support for scaling
ventures.
Copyright © 2024 ASK Consultancy