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Below attached file is the profile of WBS Company
Business Setup in Dubai
Foreign investors want to start a business in Dubai can choose to register their company in mainland (onshore), a free zone (self-regulated area within an emirate), or offshore. Working with us ensures you have a comprehensive understanding of your options before choosing where and how to establish your company’s presence in the UAE.
Launching a new business in the UAE
At WBS Business Solutions, we understand that Business Setup in Dubai can be challenging—particularly if you’re an overseas entrepreneur starting up in a new country for the first time. That’s why we’re on hand to make registering a company in Dubai and the UAE as easy as possible. We’ll do all the heavy lifting for you, liaising with the relevant authorities and government departments.
WBS Business Solutions covers all of the technical and administrative aspects of company formation in Dubai—we’ll work with you to determine the most suitable licence based on the activities and services you wish to provide. Finally, we’ll prepare all the relevant legal documents, assist with the visa application process and provide corporate bank account opening introductions.
It is a multi-layered service that has made WBS as one of the Fastest growing company formation specialists in the UAE and this is the reason why many of entrepreneurs have turned to us for support and guidance when registering a company in Dubai or the wider UAE.
Mainland
Consulting
Commercial licenses covering all kinds of trading activities.
Planning
Industrial licenses for conducting industrial or manufacturing activities.
Strategy
Professional licenses covering professions, services, craftsmen and artisans.
A mainland company is a legal entity that can operate inside and outside the country without any restriction.
The main benefits of establishing a mainland company include:
- The freedom to choose premises in any area of Dubai
- The ability to conduct a wide range of business activities
- The freedom to trade anywhere in the UAE or outside the country
At WBS Business Solutions, we understand that Business Setup in Dubai can be challenging—particularly if you’re an overseas entrepreneur starting up in a new country for the first time. That’s why we’re on hand to make registering a company in Dubai and the UAE as easy as possible. We’ll do all the heavy lifting for you, liaising with the relevant authorities and government departments.
WBS Business Solutions covers all of the technical and administrative aspects of company formation in Dubai—we’ll work with you to determine the most suitable licence based on the activities and services you wish to provide. Finally, we’ll prepare all the relevant legal documents, assist with the visa application process and provide corporate bank account opening introductions.
It is a multi-layered service that has made WBS as one of the Fastest growing company formation specialists in the UAE and this is the reason why many of entrepreneurs have turned to us for support and guidance when registering a company in Dubai or the wider UAE.
UAE onshore has strict regulations that determines an Emirati citizen must be part of the company structure as per the following three different categories below:
Partner 51%
An Emirati citizen must own no less than 51% shares in all commercial, retail, hospitality and health licenses. As a foreigner investor, you own 49% of the shares and full control of the company as director.
Local Agent
An Emirati national must be appointed as a local agent. They will not have shares in the company, nor will they have rights as a director. Therefore, the foreign investor retains full control of the company and 100% of the shares. This structure applies in the case of consultancies or professional license only.
Company Agent
An Emirati national must be appointed as a local agent. They will not have shares in the company, nor will they have rights as a director. Therefore, the foreign mother company retains control of its branches, subsidiaries and representative’s offices.
Looking for a Local Sponsor in Dubai?
One of the most common questions asked by first-time entrepreneurs in this part of the world is whether they need a local sponsor in Dubai. The answer depends on many factors, including your nationality and the type of business you wish to set up.
If you’re a non-Gulf Cooperation Council (GCC) national looking to set up a business with a commercial or industrial license on the UAE mainland, then yes, you will need to partner with a local sponsor. If, however, you are setting up in a free zone, or your business activity is covered by a professional services license, a local sponsor is not required.If your business does require a local sponsor, WBS Business Solution is on hand to help. First, you’ll need to establish a mainland LLC—of which you retain 49% ownership with the other 51% going to the local sponsor. Rest assured, however, that profits are not split along the same lines and your local partner will have little-to-no say in the day-to-day running of your company.
LLC Sponsorship
WBS Business Solution provides a company nominee to act as your 51% local sponsor in Dubai. Our main objective is to give you 100% financial and operational control, whilst protecting your shareholder rights in your LLC company. The agreements and documents used are drafted by legal counsel, and they have been tried and tested for nearly 15 years of experience to remain cutting edge.
We believe our Local Sponsorship is the best available product in the market. Our sponsorship services will provide you with all the documentation to protect your business and secure the financial rights of your company.
our team of dedicated employees provides the combined resources necessary to deliver ongoing support in company formation, license renewal, visa services and much more. We are truly a one-stop shop for company formation and our clients appreciate having a dedicated relationship manager to assist with all their corporate services needs.
In addition to LLC companies we are able to assist you in establishing any of the below entities in the UAE mainland:
- Branch
- Representative Office
- Sole Establishment
- Civil Company
Setting Up Your UAE Company
WBS Business Solution assists with company incorporation across UAE. There’s no doubt a lot of information to review and much to consider when making the decision on which free zone is best suited to your specific business requirements, including location, price, business type, flexi-desk or office options, auditing and bookkeeping and share capital requirements, and much more.
That’s where the WBS Business Solution team comes in, walking you through it step-by-step, steering you in the right direction, saving your money, and ultimately making the entire experience a stress-free one.
MAIN ADVANTAGE OFFERED BY THE UAE
The main advantage offered by the UAE free zones is that foreign investors can retain 100% ownership of their businesses without the need for a local partner.
Other financial incentives of the UAE free zones include a 0% company and income tax rate, no customs duties levied on imports and exports, and the option to repatriate 100% of the profits from the business
Your Step-by-step Guide to Registering a Company in Dubai and the UAE
The exact procedure for setting up a new business can seem complex, but by following a simple step-by-step process with the right support, it is more straightforward than you might think.
These tasks may sound like hard work—and indeed it can be—but for us, not for you. WBS’s comprehensive services mean you don’t have to give a second thought to the mechanics of the business setup process. Once it is underway, simply supply us with the relevant information about your company and we’ll do the rest.
With WBS Business Solution as your company setup partner, registering a company in the UAE is easy. And, the entire process can take as little as seven working days.
Choosing a Local Sponsor in Dubai
No interference from the sponsor
With company sponsorship, entrepreneurs maintain complete control over their business, despite the sponsor holding a narrow majority of shares. As a rule, company sponsors do not get involved in the day-to-day running of the company, allowing business owners to continue to have full management of their staff, clients, and service offering.
100% of the financial benefits
Much like an individual sponsor, a company UAE mainland sponsor becomes a 51% shareholder in the company. However, one of the major benefits of this option is that you, as the business owner, retain 100% of the financial benefits.
Documents required for UAE company formation
Company registration in the UAE is a relatively simple process and does not require complicated documentation, especially when it comes to comparing the process to other countries.
However, the documentation required would vary and depend on different factors, namely: the business activity, the shareholder type (individual or company) and the selected location. The exact requirements will be communicated to upon submission of our proposal, or you may inquire about this aspect through our contact form .
Here are the typical documents requested for forming your company in the UAE:
- Clear color copy of the passport
- Clear color photograph with white background
- Clear color copy of Latest UAE entry stamp or latest UAE residency visa
In some cases, additional documents might be requested from the authorities such as (birth certificate, bank reference letter, business plan, educational degree … etc.)
Documents required to start the license application for companies (branch or subsidiary of foreign entity)
- Attested and notarized copy of the mother company license
- Attested and notarized copy of the mother company MOA
- Attested and notarized copy of the mother company board resolution
- Clear color copy of the director’s passport
- Clear color photograph of the director with white background
- Clear color copy of the director’s Latest UAE entry stamp or latest UAE residency visa
