What do this company do?
Starting a business in Dubai is very easy when you have the right and required paperwork. However, the documents required, the languages of the documents and the process of acquiring them can be yet long and sometimes tricky, therefore; if you are not familiar with UAE’s rules and preferred language, you might find the formation process difficult.
1- Having a Local Sponsor
If you are willing to start up your business in the mainland then, according to UAE law, you need to have a local sponsor
Phoenix Capital can provide a special service of Corporate Local Nominee partner to act as the majority shareholder on any newly establishing or existing onshore license
2- Choosing a Free-Zone Area
If you do not want to have a local sponsor, then it is better to set up your business in the free-zone area, where you will enjoy 100% ownership of your business. Also, in a free-zone you do not have to pay any taxes, the process of the company formation is a lot easier and faster.
3- Issuing License
There are different types of licenses to be obtained, and each depends on the type of business you are in. A license is a permission to set up and run your business in Dubai.
4- Visa Requirements
All foreign employees must obtain visas in order to start working in the UAE. Each type of business is allowed a certain number of visas and depends on the office space, as it calculated per sqm per employee. Obtaining a visa is very easy when you know the right procedures to follow and we can definitely assist you with it.