Business Setup

Company formation in Dubai has many growth opportunities, which is why investors from around the world are attracted to this beautiful city of the United Arab Emirates. Thanks to the stable economy that Dubai is providing to the international market. But before setting up a business in Dubai,UAE, there are quite a lot of facts that you should be aware of. Marqueway Dubai, as an expert in the domain, with sound experience over these years, has something to share if you are a potential entrepreneur who has plans to establish your business in Dubai. Many people, organizations might have told you about the things that you should do while starting a business in Dubai. But here, we are going to share a few things that you should not do while commencing business setup in Dubai. Have a look at 5 Don’ts while setting up a business in Dubai. 1. Never finalize a license type before confirming that it is relevant to your business. UAE and its economy is vast. Business expansions come off in the blink of an eye. So, don’t be so limited in choosing a license category before starting a business in the UAE. Think big and explore all the possibilities before confirming your licence. Making sure that your planned licence type is suitable for all your business activities in future can save you a lot of money and time. 2. Never commit to a sponsorship with a local sponsor before having a written contract signed. Finding the right local sponsor is very crucial in setting up a business in Dubai. You will be needing good support from the local sponsor initially. While finding a local sponsor, do not commit without having a mutual agreement on the terms and conditions. The same should be written as an agreement and should be attested in the local court. Do not just rely on verbal communication. 3. Never finalize the business plans by relying only on published information. It is not a good idea to depend only on published information while starting your business, especially in an international market like Dubai. Rules in mainland land company registration and freezone company registration will change quite often. It is very important that you keep updated with the new amendments. Consulting an expert like Marqueway can ease the process, giving you the best professional consultations guiding your way to success. There are nationality and territory-specific documentation for certain businesses. So always check with a specialist like Marqueway for the best guidance. 4. Don’t open up a bank account without confirming the bank charges. Do not let the banks drain your business in the name of bank charges. Always and always double-check with the bank about the charges and requirements with the bank as well as other entrepreneurs before opening up an account. 5. Never register as a Freezone company without checking the office space availability and pre-conditions. You can’t just rely on the publicly available information to start off your Freezone company registration in Dubai. On the other side, office space keeps changing more and more often. So pre-check that office space is available in your budget before registering your company.

Every business owner is aware that in order to ensure that his company outlives all others, he must fight the unprecedented levels of competition. He has to put up more of a battle than any prior generation to maintain the integrity of his corporate ideals and maintain his position at the top against the heap of competitors. The location of your company’s headquarters is one of the elements that can influence how you view the competition. This can cause an impact on a variety of factors, including profitability and ease of doing business. The UAE is one of the top choices for business registration among the several Tax-Free Zones in the world. And in that, Dubai has become one of the most alluring locations to incorporate a business. But, why Dubai? Dubai has one of the best economies in the Middle East, with a stunning annual trade surplus and outstanding per capita income. Here, companies are given access to extremely stable financial conditions and financially advantageous circumstances. Furthermore, recent years have seen a sharp rise in investments in Dubai. The enormous infusion of foreign wealth has helped Dubai’s economy even more. Therefore, if you want to start a new business, you can gladly invest in Dubai. As a corporate service provider, we’ve learned that a lot of entrepreneurs consider Dubai as the best place to do business. Here are some of the top benefits of opening a business in Dubai. Benefits of Setting Up a Business in Dubai Due to Dubai’s friendly government and quickly evolving tech infrastructure, starting a business there is now easier than ever. A few clicks and a few days are all it now takes for company setup in Dubai. Here, establishing a corporation is a straightforward procedure that requires minimal paperwork. Plus, you can seek assistance and guidance from competent and qualified business setup companies in Dubai for more convenience. Dubai is highly known for being one of the world’s preferred corporate hubs. The opportunity to make substantial profits draws investors from throughout the world to this region to conduct business. Furthermore, it has successfully expanded outside the oil business to other industries like tourism, hospitality, logistics, etc. Those industries make up 60% of Dubai’s GDP. In spite of this, these sectors offer a substantial number of employment opportunities, making it possible for private companies to employ expatriates. Thus, the company setup in Dubai becomes more advantageous. The lack of taxes is one of the main advantages of starting a business in Dubai. It gives complete tax exemption, which includes protection from income, business, and personal taxes. However, some businesses may be subject to a 5 percent VAT that applies to a specific economic activity. Dubai offers the choice of a Freezone or a region on the mainland for the establishment of your business. The city has access to more than 20 free zones. Since entrepreneurs can fully own their company there, starting a company setup in Dubai free zone is viewed as beneficial. Furthermore, it enables the complete repatriation of capital invested and profits earned. A free zone gives you the opportunity to collaborate with other businesses in the same industry. With its location at the confluence of the East, West, North, and South directions, Dubai serves as a logical linkage between the manufacturers, distributors, and exporters of significant goods from all over the world. The world’s busiest and most active airports are located here. Logistics are made simple by the fact that both seaports and airports are situated in highly connected areas. This encourages the expansion of the tourism, re-export, and import-export industries. This could benefit any company setup in Dubai. Dubai, the capital and largest city of the United Arab Emirates, is renowned for having the best infrastructure on earth. The infrastructure is constantly developing and improving, which draws many entrepreneurs. It also has excellent terminals, a first-rate telecommunication network, and a top-notch public transportation system. Due to the anticipated rise in demand, the Dubai government is investing in infrastructure upgrades and improvements. Residents in Dubai have the opportunity to live side by side with individuals who adhere to a diverse variety of cultures, religions, and communities. Since they live in such a diverse location, they are therefore aware of the various traditions and practices. This enables them to create and maintain wholesome connections. Another constant need of Dubai residents is for high-end goods and services. Thus, going for a company setup in Dubai will be to your full advantage. In Dubai, opening a business makes it easy to get a job and a resident visa. Having a company setup in Dubai makes it simple to obtain a UAE resident visa since the visa policy is accommodating to ex-pats. It makes renting property, traveling to and from the UAE, and obtaining a permit easy as pie. The UAE is now one of the world’s most accessible commercial centres for foreign citizens to relocate and launch their own businesses thanks to this visa arrangement. Once you get your visa, you can travel internationally, rent or lease property, and buy vehicles. The government of Dubai consistently provides the best services, subsidies, and security to foreign investors. It regularly adjusts the regulations and ordinances controlling how to execute business in the city in terms of quality, breakthroughs, and expanding commercial prospects. A number of commercial mega-projects are also developed by the government, and it continues to host numerous international conferences. The government offers a straightforward, predetermined set of rules and regulations for conducting business. All entrepreneurs must follow these guidelines for a smooth company setup in Dubai and the continued operation of their enterprises. Bottom Line Now you might have understood why Dubai is regarded as the greatest location to start any business. Expats, immigrants from roughly 200 different nations, make up nearly 90% of Dubai’s total population. They are drawn, among other things, by the Emirate’s commercial and investment opportunities. Get in touch with our business specialists if you want more specific details

Registering your brand in Dubai, the most popular city might be a dream for many. The vibrant culture and high-functioning economy of the United Arab Emirates are already attracting brands from the world to invest in for decades.Before you complete Trademark Registration of your brand in Dubai, UAE, here are some pieces of information that may help you in the future. Trademark registration in Dubai is protected by the laws of the country entailing Federal Legislation No. 4, which was created in 1979 and later became the first federal trademark law in 1992. It was then modified in 2000, and subsequent amendments have been made throughout the years. Commercial, industrial, service or handicraft-oriented businesses or individuals have the right to secure a trademark in the United Arab Emirates covering all seven Emirates. What exactly is a Trademark? Talking with regard to the Federal Law No.37 of 1992, a trademark includes unique components of a business or brand such as logos, slogans, hallmarks, packaging, names, words, signatures, letters, figures, graphics, patterns, seals, packs or symbols that differentiate the brand from its competitors. Getting your trademark registered means that you have taken your brand to the next level, which raises your company’s profile giving you more recognition from all perspectives including your staff, clients, and the public. What is eligible to be registered as a trademark in the UAE? A brand is recognized by a set of components. But not everything can be registered and protected by the law. You can register elements such as signatures, seals, characters, posters titles, names, engravings, paintings and all sorts of labels that can be used to differentiate a brand from others can be submitted for a trademark registration in UAE. Article 3 of Federal Law No. 37 of 1992 states that some terms, such as geographical names, banknote designs, information on honorary degrees, and markings that may deceive the public or really breach public order, are not considered to be trademarkable. Who could submit a trademark application? Entrepreneurs or individuals who want to make their product/service or company a brand can apply to register a trademark in Dubai. Trademark registration in UAE falls under Federal Law No.37 (1992) and it defines the types of persons who can apply for trademark registration as; 1.  People working in any economic, technological, technical, or service area, as well as natural and artificial persons. 2.  Foreigners, natural and artificial people working in any sector of the economy, technology, or services. 3.  Foreigners, as well as living and artificial beings, participated in any commercial, technical, or service sector in another nation on a reciprocal basis. 4.  Other artificial persons. Why should you register your trademark? Staying as a company and becoming a brand are two different things. While becoming a brand, you will not appreciate when someone steals something from your business. To avoid such situations, and to secure and protect your brand value you should consider registering your trademark. But is this the only benefit of filing a trademark registration in the UAE? Definitely not. Here are some more reasons to consider applying for your trademark registration. ● Safeguards the business.● Trademarks become an asset.● Enhanced brand value● Existence of the company on its own.● The company gains more credibility.● Can include “Registered” in the brand name. Do you want to register your trademark in Dubai? For the finest guidance and first-rate assistance throughout the registration procedure, speak with our experts in trademark registration. Marqueway makes the process of trademark registration in UAE completely trouble-free with an absolute minimum of stress, starting with the documentation process and continuing to act righteously on time. Talk with Marqueway today!

Why should you start a business in Dubai? The vibrant culture and high-functioning economy of the (MENA)Middle East and North Africa region are rapidly growing and have already become a haven for the world to invest in. Even though there are quite a lot of cities thatare popular, Dubai always stands out from the pack for the engrossing investment opportunities it has in the business. Regardless of the size or industry,investors, global players, and young entrepreneurs are often highly attracted to Dubai in the United Arab Emirates. But, is this the only reason people consider while setting up a business in Dubai? The answer is “NO!” Dubai has quite a lot more to offer. Here are somereasons why you should consider before commencing a company formation in Dubai. 1. Great support from the government. The government of the UAE is great in terms of giving support to the startups and SMEs that get the ball rolling for business setup in UAE. Regardless of thenationality of the firm’s members, innovative ideas are always welcomed and promoted with certain types of government funding. 2. Tax-free incomes. Doing business in Dubai means your income is tax free. The United Arab Emirates is free from corporate and personal income taxes. So, you will nothave to worry about never-ending tax returns and filings. The only tax that is applicable is VAT, which is 5% for almost all products and services. Freezonecompany registration can give you many more additional benefits than this. 3. Dominant and stable market. A stable and strong political environment drives the market in the UAE to have an upright and sturdy environment that is perfect for any business. Beinghome to many wealthy, elite-class communities, Dubai, and the cities around it, has comparatively sound consumer spending rates. 4. Easy-peasy incorporation process. Incorporating a company in the state of Dubai is convenient and hassle-free, especially when you have the best business setup consultant in Dubai, likeMarqueway. Usually, it takes about five steps to set up a company in the UAE. Marqueway, the No. 1 provider of business setup services in Dubai and acrossthe United Arab Emirates, will assist you in launching your dream business. Got a business idea in your mind? Habibi, come to Dubai!

We’ve always ben passionate about motivating prospective entrepreneurs to kickstart a business setup in Dubai. Dubai has always been a highly friendly haven for creative ideas and commercial ventures. The city’s infrastructure, government assistance, and friendly atmosphere have always made living there quite enjoyable for each individual. Developments are made without reluctance, and laws are regularly modified to encourage entrepreneurs. Numerous company setup consultants in Dubai have always lent a helping hand to individuals looking to create a business setup in Dubai. Therefore, you don’t need to overthink the problems with setting up a business in Dubai. Marqueway will always be there to help you along the way, so you won’t be struggling with the procedures alone. Setting up a business in Dubai requires careful preparation and decision-making. It entails, among other things, planning, conceiving, researching, budgeting, setting up, and making decisions. It also necessitates counseling and aid in determining the appropriate trade license for your organization, particularly if you are a new entrepreneur. Whether your company is tiny, medium-sized, or large, you may benefit from Dubai’s state-of-the-art infrastructure, advantageous position, simple access to nearby markets, and unmatched connectivity. This is the reason why establishing a business setup in Dubai is popular in the Middle East. There has never been a better moment than now to start a business setup in Dubai. Dubai’s economy is thriving, as it has been for several years. The city of Dubai has developed into a worldwide commercial hub as a consequence of tax laws and business-friendly infrastructure that are luring international business owners to create a business setup there. Previously, the nation’s investment focus was only on the petroleum industry. Since the situation has altered, new investment opportunities are now emerging in the desert of dreams. Let’s begin a discussion about the intricacies of business setup in Dubai. You must choose whether you want to operate offshore or in a free zone or mainland before you can establish a business setup in Dubai. Both solutions offer advantages and requirements of their own, depending on your needs. Freezone business setup in Dubai Applying for a license and a site in one of Dubai’s free zones can be a smart option if you want 100% ownership of your business. The Dubai government created the idea of a free zone to attract international investors to open enterprises there. However, one of the key limitations of operating a company in a free zone is that you are not allowed to make direct trade with the UAE local market. Offshore business setup in Dubai The same advantages are available to offshore enterprises that register in a free zone. It’s not a replacement for a free zone firm, though. The business’s activities are the primary distinction between an offshore company and a free zone company. Outside of the UAE, offshore companies are permitted to conduct business, but not within. Additionally, they don’t demand any minimum capital contributions prior to establishment. Mainland business setup in Dubai The portion of Dubai that is governed by the Department of Economic Development (DED) and is located outside of the free zones is known as the mainland or onshore. This only indicates that DED is the agency that issues all three of the mainland’s trade licenses: the Professional/Services License, the Commercial License, and the Industrial License. The bearer of a mainland license is free to collaborate with UAE mainland businesses, clients situated nearby, and governmental organizations. This will undoubtedly enhance your company’s standing both domestically and abroad. Let’s now discuss more about the procedures for business setup in Dubai. 1.   Choose activities of your business Conduct a considerable study on business activities before determining where you wish to establish your business setup in Dubai. The location of your business should be chosen based on the operations of your company. Every area in Dubai’s commercial areas focuses on a certain type of company strategy. The sort of business license you wish to apply for is also determined by your business operations; thus, the formalities for that license should be completed later. This is also used to evaluate logistics, legal processes, office models, professional services, commerce, and other sectors. Depending on the type of license you hold and the activities you want to engage in, Dubai has specific requirements. It is important to engage with the leading business consultants in Dubai for a quick and easy start. (Add Link) 2.   Choose Location The three areas of legal jurisdiction for doing business in the UAE are the mainland, free zones, and offshore. Each of these sets of economic zones has its own set of rules and legislation governing how businesses are established in Dubai. It also assists in identifying and launching various company demands and operating models. The jurisdiction you choose for your firm will, however, depend on your needs and the nature of your operations. Your future success will undoubtedly be aided by choosing the right place. 3.   Choose the Company Name There are a few aspects to ponder while selecting the name of your company setup in Dubai. The first step is to confirm that your company name is eligible for registration. Blasphemous words or references to political or religious groups are not permitted in the name. Initials or abbreviations are not permitted; only complete names are permitted if you choose to preserve the company name in the name of any individual. This individual must also be a partner and shareholder in your firm. Your company’s name is its primary identifier, and it plays a significant part in drawing clients to your firm. Choosing a business name is one of the essential phases in the process of company formation in Dubai. Your company’s name serves as both a reliable indicator and its primary identifier. 4.   Apply for a business license There are three business licenses that are needed to establish a business setup in Dubai: 1. Commercial license You need a commercial license to start a business setup in Dubai that engages in trade operations or the purchasing and selling