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Dubai Incorporation means the formation of entity in the Dubai. Dubai is one of the lucrative places for registering the business because of its effective tax structure but the process of registration in Dubai is complex and difficult. In terms of the law of Dubai, foreigners are allowed only to the extent of 49% ownership in its Limited Liability Company (LLC).
Trade License is the mandatory requirement to start a corporation in Dubai. Commercial License, Industrial License and Professional License are the three types of trade licenses. Commercial Licenses are meant for trading businesses. Industrial Licenses are meant for manufacturing businesses and Professional Licenses are meant for service providers.
A few considerations are necessarily needs to be made before you go ahead with the plan of starting a Dubai Corporation. Ensure that you are ready with the decisions of the following points:
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