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Help & FAQs - Horizen Light
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Our team of experts fields common questions from people all over the globe about company formation in the UAE

Dubai is an attractive business destination for several reasons: The UAE government actively promotes business for long-term economic stability. Dubai offers tax benefits, competitive costs, and no foreign exchange controls. It has a strategic location for access to 1.5 billion consumers. An efficient business setup process and a skilled workforce make it ideal for startups.

Dubai's economy encourages business growth through: Low corporate taxes and easy setups. A dynamic economy and strategic location. Free zones like DWTC, JAFZA, and RAKEZ, offer 100% foreign ownership. Initiatives like Scale2Dubai provide funding for startups.

To start a business in Dubai, follow these steps: Define your business idea and create a plan. Choose a legal structure, and trade name, and apply for a business license. Submit the required documents and secure an office space. Open a corporate bank account and process employee visas. Start operations after administrative tasks are completed.

Your business type and target market. Accessibility to your primary customers. Infrastructure needs, proximity to ports, and budget. Legal requirements and zone restrictions

The mainland offers access to the local market, while free zones provide 100% foreign ownership, tax benefits, and industry-specific clusters. Consider your business goals and needs when deciding

Dubai offers three main types of licenses based on business activities: Commercial, Professional, and Industrial. Free zones and offshore zones may have different licenses and requirements

Key requirements include defining business activities, choosing a legal structure, obtaining a trade license, submitting documentation, registering Ultimate Beneficial Owners, opening a corporate bank account, processing visas, complying with local laws, and maintaining an office presence if needed.

The local service agent acts as a UAE representative for specific types of licenses. The local sponsor system applies to LLCs, where a UAE national must own 51% of the company.

Legal structures include LLCs, Sole Proprietorships, Civil Companies, Private Shareholder Companies, Public Shareholding Companies, Branch and representative Offices, Free Zone Companies, and Offshore Companies

Yes, recent changes in UAE laws allow foreigners to have 100% ownership in many business setups. However, some sectors have restrictions.

It depends on your business type. Mainland companies typically require an office, while free zones offer options like flexi-desks and virtual offices

Dubai has a robust digital infrastructure, and government initiatives support startups and SMEs through digital transformation

Business setup consultants guide you through the entire setup process, providing expertise, assistance with documentation, and access to government entities and banks.

Choose a bank, schedule an appointment, provide required documents, and undergo a credit check. The process takes 2-4 weeks.

Share capital requirements vary based on business type and free zone regulations. Check with the relevant authorities for precise details.

The process involves applying for entry permits or employment visas, conducting medical checks, applying for Emirates IDs, and finally, processing residence visas.

The Golden Visa is a long-term residency program for investors and skilled professionals, offering 5-10-year visas with no need for a national sponsor. It's designed for substantial investments

Visa processing times range from 2-4 weeks, depending on the type of visa and application completeness. Fees vary based on the visa type and related services.

Each free zone caters to specific industries, offering various benefits and regulations. The choice depends on your business's needs and activities.

The process of business setup in Dubai

With Horizen Light as your company formation partner, registering a company in the UAE is not only easy, but it’s the most cost-effective way to do it! In fact, the entire process can take as little as 24 hours! That’s right! All you have to do is supply us with the relevant information about your company and we do the rest. Here’s our time-tested process:

1

Prepare Documentation

If you’re an overseas entrepreneur starting up in a new country for the first time, the documentation process can be daunting. We help you to make the right decisions for your Dubai company and handle all of the complex paperwork.

2

Business Licence

Choosing the right licence and applying for it are essential to getting your business setup in Dubai right. Having an in-depth understanding of the dos and don’ts around setting up your business licence will help you to avoid the common traps we see people fall into.

3

Visa Process

Private companies can obtain new employment entry permits for their employees provided they apply for residence visa status within 30 days of the employee’s entry into the UAE.

4

Bank Account

Setting up a corporate bank account in the UAE can be a little arduous for international entrepreneurs. It requires careful consideration and there are several boxes to tick to ensure you have everything in place before approaching your bank of choice.

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