Large business setup in United Arab Emirates
Starting a large company requires thorough preparation and effort, considering the unique challenges and factors involved in launching a corporation. Let’s explore the benefits of establishing a major company in the United Arab Emirates and how our specialized solutions can help facilitate your success.
The process of setting up a large business
Starting a big business in the United Arab Emirates is similar to starting a small or medium-sized business, but because of its size and complexity, it usually takes more time and resources. The steps involved are as follows:
Choose a business name
The name of the business must be original and not currently being used. It is possible to verify the availability of a name on the United Arab Emirates Trade Registry’s website.
Select legal entity type
Choosing the right legal structure is crucial for the prosperity of your significant enterprise. Our expert advice on Limited Liability Company (LLC), Private Shareholding Company (PSC), Public Shareholding Company (PSC), Branch Office, Holding Company can assist you in making an informed decision that fits your specific needs and future goals.
Set up legal address
It is crucial to have a valid address for your business in order to serve as the primary point of contact for government agencies, legal entities, and important business communications. Selecting an appropriate legal address that complies with local regulations and meets your business needs is essential.
Get the necessary paperwork ready
Our team of professionals will assist you in developing detailed and tailored documentation to suit your company’s framework and objectives. We ensure compliance with all legal requirements and will handle the filing procedures on your behalf.
Open a bank account
We will help you every step of the way in opening a bank account, making sure the company follows all regulations and selecting a trusted financial institution for your account in the United Arab Emirates.
Company registration
We take care of the registration process with authorities such as the Trade and Companies Register and tax authorities, taking away the administrative burden from you. This ensures that your business is officially recognized and compliant from the very beginning.
Setup accounting
In order to effectively start a large business, it is crucial to keep precise financial records. Our team of accounting professionals can assist in setting up efficient accounting and bookkeeping procedures that adhere to the regulations of the United Arab Emirates.
Large business examples
Large corporations work in various fields and sectors, each with distinct requirements. Here are a few examples of large corporations:
- Aviation: Airlines, major aircraft manufacturers
- Bank: Large, national, or international banks
- Blockchain: Depending on the company, it can also be also medium or small sized business
- Cars and vehicles: Major car manufacturers, large fleet management companies
- Construction: Firms handling large infrastructure projects
- Energy: Utility companies, oil and gas producers
- Freight and package transportation: Major shipping and logistics companies (FedEx, UPS, etc.)
- Minerals: Large-scale mining operations
- Tourism and travel: Major hotel chains, international tour operators
Benefits of establishing a large business in United Arab Emirates
The United Arab Emirates is an attractive option for establishing large enterprises, providing numerous benefits:
Strategic location
The business environment in the UAE is favorable and there are opportunities available in finance, real estate, and technology. Positioned as a key entry point to the Middle East, boasting advanced infrastructure, and with government policies that are supportive, the UAE offers numerous benefits to companies seeking to set up operations in one of the top global business centers.
Favorable tax regime
The UAE does not have a federal corporate income tax, but some emirates may have local taxes. Tax incentives are available in free zones, making the country appealing to foreign businesses and investors. The corporate income tax rate in the country is 9%.
Banking
The banking industry in the UAE, recognized for its creativity and global links, offers possibilities for a range of financial services, asset management, and investing in a dynamic and prosperous commercial setting.
Our Large business setup solutions
We understand how valuable your time and resources are. That’s why we offer two convenient choices to streamline the company formation process.
Business formation online
By utilizing the online platform offered by the United Arab Emirates, individuals can start and finish the process of starting a business from any location globally. The option to track progress, upload necessary paperwork, and access our services through secure digital channels guarantees a seamless and convenient process.
Business formation remotely
If you want a more hands-off approach, we are able to manage all the paperwork for you. Our team of experts will handle all the necessary formalities, fill out the required paperwork, and communicate with the appropriate authorities on your behalf to ensure you have peace of mind.
Contact us
Contact us today to schedule a consultation and begin pursuing your business goals. Let’s embark on this journey together.