Business set up

Setting up a business in Dubai involves several steps and considerations:

1. Business Type: Determine the type of business entity you want to establish (e.g., mainland company, free zone company, branch of a foreign company) based on your business activities, ownership structure, and location preferences.

2. Choose a Location: Decide whether you want to set up in a free zone or as a mainland company, considering factors like ownership, taxes, and business regulations. Free zones offer 100% foreign ownership but have limitations on doing business outside the free zone.

3. Legal Structure: Choose the legal structure for your business (LLC, sole proprietorship, branch office, etc.) based on your needs and the type of activities you will undertake.

4. Trade Name and License: Select a unique trade name for your business, get it approved, and acquire the necessary licenses and permits from the Department of Economic Development (DED) or relevant authorities.

5. Local Sponsorship or Agent: Depending on your business type, you might need a local sponsor or agent to set up certain types of companies in Dubai.

6. Office Space: Arrange a physical office space or opt for virtual office services as required by the regulations in the chosen business setup.

7. Documentation and Registration: Prepare the required documentation, including business plans, Memorandum of Association (MOA), and other legal documents. Register your business with the relevant authorities.

8. Visas and Permits: Obtain residence visas and work permits for yourself and your employees, if applicable.

9. Bank Account: Open a corporate bank account in a reputable local bank to facilitate business transactions.

Working with Rigel consultant specialized in business setup services in Dubai can streamline the process and ensure compliance with local laws and regulations. Regulations and procedures can change, so it's crucial to stay updated on the latest requirements

Mainland

Setting up a mainland business in Dubai involves specific steps and considerations:

1. Choose Business Activities: Determine the activities your business will engage in and ensure they comply with the regulations set by the Department of Economic Development (DED).

2. Local Partner or Local Service Agent: For certain business activities, you will need a local partner (UAE national) who will own 51% of the business. Alternatively, for professional licenses, you might require a local service agent who doesn’t have ownership but assists with other necessary formalities.

3. Legal Structure: Decide on the legal structure for your business, whether it's a Limited Liability Company (LLC), sole proprietorship, branch of a foreign company, or others.

4. Trade Name Approval: Choose a unique trade name and get it approved by the DED. This name must comply with guidelines and shouldn't violate any trademarks or existing business names.

5. Office Space: Secure a physical office space in Dubai that meets the requirements outlined by the DED.

6. Memorandum of Association (MOA): Draft and notarize the MOA outlining the details of the company structure, ownership, activities, and liabilities.

7. Approvals and Licensing: Apply for the necessary licenses and approvals from the DED, which vary depending on the nature of your business activities.

8. Register with Authorities: Complete the registration process with the DED and other relevant official bodies, including obtaining a commercial license.

9. Visas and Permits: Obtain residence visas and work permits for you and your employees if needed.

10. Bank Account: Open a corporate bank account with a local bank to conduct business transactions.

Working with Rigel consultant specializing in business setup services can significantly ease the process, ensure compliance, and navigate the complexities of setting up a mainland business in Dubai. Always stay updated on the latest regulations and requirements, as they may change over time.

Professional License

A professional license in Dubai allows individuals to conduct specific professional activities within the emirate. Here are the key points about obtaining a professional license:

1. Eligibility: To apply for a professional license, individuals need to have professional qualifications and experience in their field. This license is typically for activities in fields like law, medicine, engineering, accounting, consultancy, etc.

2. Legal Structure: Professional licenses in Dubai can be obtained as a sole proprietorship or through a civil company (where partners are professionals).

3. Regulatory Bodies: Different professions might have specific regulatory bodies or associations overseeing their licensing requirements. For instance, healthcare professionals might need approval from the Dubai Health Authority (DHA), while engineers might need accreditation from the Dubai Municipality.

4. Requirements: These can vary based on the profession but usually include providing proof of qualifications, experience certificates, passport copies, a No Objection Certificate (NOC) if employed elsewhere, and other documentation as required by the relevant authority.

5. Location and Office Space: Some professions might need a physical office space within Dubai to obtain the professional license.

6. Approval and Registration: After fulfilling the requirements and submitting the necessary documents, applicants need to apply for approval and register their professional license with the relevant authority or department.

7. Renewal and Compliance: Professional licenses need to be renewed annually or as per the specified renewal period. Compliance with regulations and standards set by the regulatory body is essential.

Consulting with Rigel business setup advisor specializing in professional licensing in Dubai can be beneficial to navigate the specific requirements and processes for obtaining a professional license in your field.

Commercial License

A commercial license in Dubai allows businesses to conduct commercial activities such as trading, buying, selling, or offering services. Here are the key aspects regarding obtaining a commercial license:

1. Business Type: A commercial license is usually suitable for businesses engaged in trading, retail, general contracting, real estate, tourism, and other commercial activities.

2. Legal Structure: Businesses can apply for a commercial license as a Limited Liability Company (LLC), sole proprietorship, branch of a foreign company, or other legal entities as per the regulations.

3. Activities Covered: The commercial license specifies the permissible commercial activities the business can undertake, and it's crucial to ensure that the proposed activities align with the license category.

4. Location and Office Space: Depending on the business activity and the license requirements, having a physical office space in Dubai might be mandatory. Some free zones offer virtual office options for specific commercial activities.

5. Approval and Registration: Applicants need to submit required documents, including trade name approval, office lease agreement, passport copies, and other specific documents related to the business activity, to the Department of Economic Development (DED) or relevant authority for approval and registration.

6. Renewal and Compliance: Commercial licenses need to be renewed annually or as per the specified renewal period. Compliance with business regulations, including tax filings, is essential to maintain the validity of the license.

7. Fees and Costs: There are costs associated with obtaining and renewing commercial licenses, including application fees, office rent, and other mandatory charges.

It's advisable to seek guidance from Rigel business setup consultants specialized in commercial licensing in Dubai to ensure compliance with regulations, understand specific requirements, and navigate the process effectively.

Business License

A business license is a legal document that grants permission to conduct a specific type of business within a certain jurisdiction. In Dubai, obtaining a business license involves several steps:

1. Determine the Business Activity: Define the nature of your business activity (commercial, professional, industrial, etc.) as it determines the type of license you need.

2. Choose the Legal Structure: Decide on the legal structure for your business, such as a sole proprietorship, Limited Liability Company (LLC), branch of a foreign company, or other entity types.

3. Trade Name Approval: Select a unique name for your business and get it approved by the relevant authorities to ensure it complies with the guidelines and is available for use.

4. Location and Office Space: Depending on the type of business activity, you might need a physical office space in Dubai or a virtual office, as per the regulations.

5. Documentation and Application: Prepare the required documents, including passport copies, lease agreements, business plans, and other specific documentation related to your business activity. Submit these documents to the Department of Economic Development (DED) or the appropriate authority for approval.

6. Approval and Registration: Once your application is approved, you will receive the business license, which allows you to legally operate your business within the defined parameters.

7. Renewal and Compliance: Business licenses typically need to be renewed annually or as per the specified renewal period. Compliance with regulations, including tax obligations and other legal requirements, is crucial for maintaining a valid license.

The process and specific requirements for obtaining a business license can vary based on the type of business activity, the chosen legal structure, and the jurisdiction within Dubai. Seeking advice from Rigel business setup advisors specializing in business licensing can facilitate a smoother application process and ensure compliance with regulations.

Industrial License

An industrial license in Dubai permits businesses to engage in industrial or manufacturing activities. Here's what's involved in obtaining an industrial license:

1. Nature of Activities: An industrial license is suitable for businesses involved in manufacturing, processing, assembling, and industrial activities.

2. Legal Structure: Determine the appropriate legal structure for your industrial business, such as a Limited Liability Company (LLC), private or public joint-stock company, or branch of a foreign company, based on your specific needs and ownership preferences.

3. Location and Facility: Ensure you have or secure an appropriate physical space or industrial facility in an industrial area approved by the relevant authorities.

4. Approval and Documentation: Prepare the necessary documentation, including a detailed business plan, feasibility study, site plans, environmental impact assessments (if required), and other specific documents related to your industrial activity. Submit these to the Department of Economic Development (DED) or the relevant authority for approval.

5. Compliance and Regulations: Industrial activities often have specific regulations concerning safety, environmental impact, waste disposal, and more. Ensure compliance with these regulations set by Dubai Municipality, Ministry of Climate Change and Environment, and other relevant authorities.

6. Renewal and Compliance: Similar to other business licenses, an industrial license needs to be renewed annually or as per the specified renewal period. Compliance with regulations, safety standards, and other legal requirements is crucial to maintain the license's validity.

Given the complexity and specific requirements associated with industrial activities, seeking guidance from Rigel business setup consultants with expertise in industrial licensing in Dubai is highly recommended. They can help navigate the regulatory landscape, ensure compliance, and streamline the process of obtaining an industrial license for your business.

Freezone

A free zone license in Dubai allows businesses to operate within a specific geographical area known as a free zone. Here's what's involved in obtaining a free zone license:

1. Select a Free Zone: Dubai offers several free zones, each catering to specific industries (e.g., Dubai Internet City, Dubai Media City, Jebel Ali Free Zone, etc.). Choose a free zone that aligns with your business activities.

2. Legal Structure: Determine the legal structure for your business within the free zone, such as a Free Zone Limited Liability Company (FZ-LLC), Free Zone Company (FZCO), branch of a foreign company, or sole proprietorship, depending on the regulations of the selected free zone.

3. Business Activities: Different free zones have specific activities permitted within their jurisdiction. Ensure that the free zone supports the activities your business intends to undertake.

4. Office Space: Most free zones require a physical office space within the free zone premises. Some offer flexi-desk or virtual office options for certain business activities.

5. Documentation and Application: Prepare the required documents, including passport copies, business plans, lease agreements, and other relevant paperwork specified by the chosen free zone authority. Submit these documents for approval and processing.

6. Approval and License Issuance: Once your application is approved, you will receive the free zone license, allowing you to conduct business activities within the free zone.

7. Permits and Visas: Depending on the free zone and the number of employees, you might need to obtain employment visas and permits for yourself and your staff.

8. Renewal and Compliance: Free zone licenses need to be renewed annually or as per the specified renewal period. Compliance with the rules and regulations of the free zone authority is essential to maintain the license's validity.

Free zones in Dubai offer various incentives such as 100% foreign ownership, tax exemptions, and streamlined processes. However, regulations and requirements can vary between different free zones. Seeking guidance from Rigel specialized consultants familiar with the specific free zone regulations can facilitate a smoother application process and ensure compliance with the free zone authority's requirements.

Jabel Ali Free zone ( JAFZA)

Setting up a business in Jebel Ali Free Zone (JAFZA) involves specific procedures and considerations:

1. Select Business Activities: Determine the business activities you intend to conduct within JAFZA, ensuring they align with the permitted activities in the free zone.

2. Choose a Legal Structure: Decide on the appropriate legal structure for your business within JAFZA, such as a Free Zone Company (FZCO), Free Zone Establishment (FZE), branch of a foreign company, or a subsidiary.

3. Office Space: Obtain a physical office space within JAFZA. JAFZA offers various options, including warehouses, industrial units, offices, and land plots, depending on your business requirements.

4. Trade Name Approval: Select a unique trade name for your business and get it approved by JAFZA authorities.

5. Documentation and Application: Prepare the necessary documentation, including a business plan, passport copies, Memorandum and Articles of Association (for FZCO), lease agreement, and other required paperwork specified by JAFZA. Submit these documents for approval.

6. License Issuance: Upon approval, JAFZA will issue the business license, enabling you to legally operate within the free zone.

7. Permits and Visas: Obtain employment visas and permits for yourself and your employees if required by JAFZA regulations.

8. Renewal and Compliance: Ensure timely renewal of your JAFZA business license and compliance with JAFZA regulations to maintain the validity of your license.

JAFZA offers various benefits, including 100% foreign ownership, no currency restrictions, and logistical advantages due to its strategic location. However, the specific requirements and processes for business setup can vary based on the type of business and its activities. Seeking advice from Rigel consultants specializing in JAFZA business setup can streamline the process and ensure compliance with JAFZA regulations.

Dubai Airport Free zone (DAFZA)

Setting up a business in Dubai Airport Free Zone Authority (DAFZA) involves specific steps tailored to the free zone's regulations:

1. Business Activities: Identify and ensure that your intended business activities align with those permitted within DAFZA.

2. Legal Structure: Choose the suitable legal structure for your business within DAFZA, such as a Free Zone Company (FZCO), Free Zone Establishment (FZE), branch of a foreign company, or a subsidiary.

3. Office Space: Secure an office space within DAFZA. They offer various options like offices, warehouses, and plots of land, depending on your business needs. 4.

Trade Name Approval: Select a unique trade name for your business and have it approved by DAFZA authorities.

5. Documentation and Application: Gather and submit the necessary documentation, including a business plan, passport copies, Memorandum and Articles of Association (for FZCO), lease agreement, and other required paperwork specified by DAFZA.

6. License Issuance: Once your application is approved, DAFZA will issue the business license, allowing you to legally operate within the free zone.

7. Permits and Visas: Obtain any required visas or permits for you and your employees as per DAFZA regulations.

8. Renewal and Compliance: Ensure the timely renewal of your DAFZA business license and adhere to DAFZA regulations to maintain the validity of your license.

DAFZA offers advantages like proximity to the airport, infrastructure, tax exemptions, and a strategic location for businesses dealing with international trade. However, requirements and procedures might vary based on the nature of the business. Seeking assistance from Rigel consultant specialized in DAFZA business setup can streamline the process and ensure compliance with DAFZA's specific regulations and guidelines.

Meydan Free Zone

Meydan Free Zone is a new and innovative free zone in Dubai designed to cater to various business sectors, including sports, entertainment, technology, and more. The process for setting up a business in Meydan Free Zone might involve the following steps:

1. Business Activities: Determine the specific business activities you plan to conduct within Meydan Free Zone, ensuring they align with the permitted activities in this zone.

2. Legal Structure: Choose an appropriate legal structure for your business within Meydan Free Zone, such as a Free Zone Limited Liability Company (FZ-LLC), branch of a foreign company, or a sole proprietorship.

3. Office Space: Secure an office space or facility within Meydan Free Zone suitable for your business requirements.

4. Trade Name Approval: Select a unique trade name for your business and ensure it complies with the guidelines set by Meydan Free Zone authority.

5. Documentation and Application: Gather the required documentation, including a business plan, passport copies, lease agreement, Memorandum and Articles of Association (for FZ-LLC), and other necessary paperwork specified by Meydan Free Zone.

6. License Issuance: Submit your application to Meydan Free Zone authorities for approval. Upon approval, you will receive the business license allowing you to operate within the free zone.

7. Visas and Permits: If required, obtain visas and permits for yourself and your employees in compliance with Meydan Free Zone regulations.

8. Renewal and Compliance: Ensure timely renewal of your Meydan Free Zone business license and comply with the regulations set by the free zone authority.

Dubai Internet City Free zone

Setting up a company in Dubai Internet City Free Zone involves a systematic approach:

1. Business Planning: Determine your business activities and plan accordingly.

2. License Application: Submit the required documents and application to the Dubai Internet City authority.

3. Legal Structure: Choose the suitable legal structure for your company (Free Zone Company, Branch, or Sole Proprietorship).

4. Office Space: Secure an office within the Dubai Internet City Free Zone that fits your business needs.

5. Approval and Licensing: Upon approval, finalize the paperwork, and pay the necessary fees for obtaining your business license.

6. Visa Processing: Apply for visas, if required, for yourself and your employees through Dubai Internet City's visa services.

Ensure strict adherence to the regulations and guidelines of Dubai Internet City Free Zone throughout the setup process. Seeking guidance from Rigel experts familiar with their procedures can facilitate a smoother establishment of your business.

Dubai Design District Freezone

Establishing a company in Dubai Design District (D3) Free Zone involves a structured process:

1. Business Activity: Decide on the nature of your business activity within the creative sector.

2. License Application: Submit the required documents and application to the D3 authority.

3. Legal Structure: Choose the appropriate legal structure for your business (Free Zone Company, Branch, or Sole Proprietorship).

4. Office Space: Secure an office space within D3 as per your business requirements.

5. Approval and Licensing: Upon approval, sign the required documents and pay the necessary fees for licensing.

6. Visa Processing: If needed, apply for visas for yourself and employees through D3's visa services.

Ensure compliance with D3's regulations and guidelines throughout the process. Consulting with Rigel specialists familiar with D3's procedures can help navigate the setup efficiently.

DMCC free Zone

Setting up a company in DMCC involves several steps. Here's a simplified breakdown:

1. Decide on Business Type: Determine your business activity and company structure (Free Zone Company, Branch, or Subsidiary).

2. Submit Application: Complete and submit the application form along with required documents to DMCC.

3. Approval and Licensing: Once approved, you will receive an initial approval and need to sign the necessary documents and pay fees.

4. Office Space: Secure physical office space within the DMCC Free Zone. They offer various options depending on your business needs.

5. License Issuance: After completing all formalities and payment, you will receive your DMCC business license, enabling you to operate within the free zone.

6. Visa Processing: If needed, you can apply for employee visas and other related permits.

It's crucial to adhere to DMCC's specific guidelines, and consulting with Rigel legal advisors knowledgeable about DMCC procedures can streamline the process

Dubai Silicon Oasis Free Zone

Establishing a company in Dubai Silicon Oasis Free Zone follows these general steps:

1. Business Planning: Define your business activities and objectives.

2. License Application: Prepare and submit the necessary documents to the Dubai Silicon Oasis Authority (DSOA) for your desired business activity.

3. Legal Structure: Choose the appropriate legal structure for your company (Free Zone Company, Branch, or Sole Proprietorship).

4. Office Space: Secure an office within the Dubai Silicon Oasis Free Zone that suits your business requirements.

5. Approval and Licensing: Upon approval, complete the required paperwork and pay the relevant fees for obtaining your business license.

6. Visa Processing: Apply for visas, if needed, for yourself and your employees through Dubai Silicon Oasis Authority's visa services.

Adherence to the regulations and guidelines provided by Dubai Silicon Oasis Free Zone is crucial throughout the setup process. Seeking advice from Rigel experts familiar with the procedures can simplify and expedite the establishment of your business there

Dubai World trade Centre Freezone

Setting up a company in Dubai World Centre Free Zone follows a structured process:

1. Business Concept: Define your business activities and purpose.

2. Application Submission: Prepare and submit the required documents and application to the Dubai World Centre Free Zone authority.

3. Legal Structure: Choose the appropriate legal structure for your company (Free Zone Company, Branch, or Representative Office).

4. Office Space: Secure an office within the Dubai World Centre Free Zone that meets your business needs.

5. Approval and Licensing: Upon approval, finalize the necessary paperwork and pay the fees for obtaining your business license.

6. Visa Processing: If necessary, apply for visas for yourself and your employees through the Dubai World Centre Free Zone authority's visa services.

Adhering strictly to the regulations and guidelines of the Dubai World Centre Free Zone is essential throughout the setup process. Consulting with Rigel professionals familiar with their procedures can help streamline the establishment of your business there.

KIZAD Free Zone

Setting up a company in Khalifa Industrial Zone Abu Dhabi (KIZAD) Free Zone involves a step-by-step process:

1. Business Planning: Define your business activities and objectives within the industrial sector.

2. Application Submission: Prepare and submit the required documents and application to KIZAD's authorities.

3. Legal Structure: Choose the appropriate legal structure for your company (Free Zone Company, Branch, or Manufacturing).

4. Facility Space: Secure an appropriate industrial or warehouse space within KIZAD that suits your business needs.

5. Approval and Licensing: Upon approval, complete the necessary paperwork and pay the fees for obtaining your business license.

6. Visa Processing: Apply for visas, if necessary, for yourself and your employees through KIZAD's visa services.

Compliance with the regulations and guidelines set by KIZAD is crucial throughout the setup process. Consulting with Rigel experts familiar with KIZAD's procedures can facilitate a smoother establishment of your business in the free zone.

SAIF Free Zone

Setting up a company in the Sharjah Airport International Free Zone (SAIF Zone) involves a structured process:

1. Business Planning: Define your business activities and objectives within the free zone.

2. Application Submission: Prepare and submit the required documents and application to the SAIF Zone authority.

3. Legal Structure: Choose the appropriate legal structure for your company (Free Zone Company, Branch, or Representative Office).

4. Office Space: Secure an office within SAIF Zone that fulfills your business requirements.

5. Approval and Licensing: Upon approval, complete the necessary paperwork and pay the fees for obtaining your business license.

6. Visa Processing: Apply for visas, if required, for yourself and your employees through SAIF Zone's visa services.

Adherence to the regulations and guidelines provided by SAIF Zone is crucial throughout the setup process. Seeking advice from Rigel experts familiar with their procedures can simplify and expedite the establishment of your business in SAIF Zone.

RAKEZ Free Zone

Establishing a company in Ras Al Khaimah Economic Zone (RAKEZ) involves several steps:

1. Business Planning: Define your business activities and objectives within the economic zone.

2. Application Submission: Prepare and submit the required documents and application to the RAKEZ authority.

3. Legal Structure: Choose the appropriate legal structure for your company (Free Zone Company, Branch, or Representative Office).

4. Office Space: Secure an office within RAKEZ that suits your business requirements.

5. Approval and Licensing: Upon approval, finalize the necessary paperwork and pay the fees for obtaining your business license.

6. Visa Processing: Apply for visas, if necessary, for yourself and your employees through RAKEZ's visa services.

Adhering strictly to the regulations and guidelines provided by RAKEZ is crucial throughout the setup process. Seeking guidance from Rigel experts familiar with their procedures can help facilitate the establishment of your business in RAKEZ more efficiently.

Ajman Free Zone

Establishing a company in Ajman Free Zone involves a systematic process:

1. Business Concept: Define your business activities and objectives for operating within Ajman Free Zone.

2. Application Submission: Prepare and submit the required documents and application to the Ajman Free Zone authority.

3. Legal Structure: Choose the appropriate legal structure for your company (Free Zone Company, Branch, or Representative Office).

4. Office Space: Secure an office within Ajman Free Zone that aligns with your business needs.

5. Approval and Licensing: Upon approval, complete the necessary paperwork and pay the fees for obtaining your business license.

6. Visa Processing: Apply for visas, if required, for yourself and your employees through Ajman Free Zone's visa services.

Adhering strictly to the regulations and guidelines provided by Ajman Free Zone is essential throughout the setup process. Consulting with Rigel experts familiar with their procedures can expedite and simplify the establishment of your business in Ajman Free Zone.

Umm AL Quwain Free zone

Establishing a company in Umm Al Quwain Free Trade Zone (UAQ FTZ) involves a structured process:

1. Business Planning: Define your business activities and objectives within the free zone.

2. Application Submission: Prepare and submit the required documents and application to the UAQ FTZ authority.

3. Legal Structure: Choose the appropriate legal structure for your company (Free Zone Company, Branch, or Representative Office).

4. Office Space: Secure an office within UAQ FTZ that meets your business requirements.

5. Approval and Licensing: Upon approval, complete the necessary paperwork and pay the fees for obtaining your business license.

6. Visa Processing: Apply for visas, if necessary, for yourself and your employees through UAQ FTZ's visa services.

Adherence to the regulations and guidelines provided by UAQ FTZ is crucial throughout the setup process. Seeking guidance from Rigel experts familiar with their procedures can simplify the establishment of your business in Umm Al Quwain Free Trade Zone.

SHAMS Free Zone

Setting up a company in SHAMS (Sharjah Media City Free Zone) follows a structured process:

1. Business Concept: Define your business activities and objectives within the media sector.

2. Application Submission: Prepare and submit the required documents and application to the SHAMS authority.

3.

Legal Structure: Choose the appropriate legal structure for your company (Free Zone Company, Branch, or Representative Office).

4. Office Space: Secure an office within SHAMS that suits your business requirements.

5. Approval and Licensing: Upon approval, complete the necessary paperwork and pay the fees for obtaining your business license.

6. Visa Processing: Apply for visas, if required, for yourself and your employees through SHAMS's visa services.

Adhering strictly to the regulations and guidelines provided by SHAMS is essential throughout the setup process. Consulting with Rigel experts familiar with their procedures can facilitate the establishment of your business in Sharjah Media City Free Zone.

Dubai Design District Freezone

1.For businesses in the creative industry, Dubai Design District (d3) offers a specialized Freezone environment.

2.It's a vibrant hub where design, fashion, art, and luxury industries converge, providing a unique space for creativity to flourish.

Dubai Knowledge Park Freezone

Dedicated to the education and human resource sectors, Dubai Knowledge Park offers a specialized environment for training, learning, and professional development. It's the preferred destination for businesses in education, e-learning, and related fields.

Dubai World Trade Centre Freezone

1.Located at the heart of Dubai's central business district, DWTC Freezone provides businesses with a prestigious address and a gateway to international trade events. It's an ideal choice for companies seeking a strategic location for networking and visibility.

2.It's an ideal choice for companies seeking a strategic location for networking and visibility.

Offshore

An offshore company refers to a legal entity registered in a jurisdiction outside the country where its operations primarily take place. These entities are commonly set up in jurisdictions known for tax benefits, financial privacy, or favorable regulations.

The purposes for establishing an offshore company may include:

1. Tax Optimization: Some jurisdictions offer favorable tax structures, allowing companies to minimize taxes legally.

2. Asset Protection: Offshore entities can help safeguard assets from legal liabilities or international risks.

3. Confidentiality: Certain offshore jurisdictions provide financial privacy by not disclosing ownership details publicly.

Setting up an offshore company involves complying with the regulations and requirements of the chosen jurisdiction. This typically involves engaging with local agents or service providers who specialize in establishing and managing offshore entities. These companies must still abide by laws in their home countries and disclose income earned through the offshore entity.

JAFZA Offshore

Establishing a company in Jebel Ali Free Zone Offshore (JAFZA Offshore) involves several steps:

1. Engage a Registered Agent: You need to engage a registered agent who is authorized to set up offshore companies in JAFZA.

2. Choose Company Type: Decide on the type of offshore company - either a Free Zone Establishment (FZE) or a Free Zone Company (FZCO). The difference lies in the number of shareholders (FZE has one shareholder, FZCO has more).

3. Submit Documentation: Prepare and submit the required documents to the registered agent. These documents usually include passport copies, proof of address, and other standard incorporation documents.

4. Payment and Processing: Pay the requisite fees for company registration and processing.

5. Legalization and Notarization: Documents might need to be legalized and notarized, depending on the jurisdiction where the documents are issued.

6. Company Registration: Once all documentation and fees are in order, the registered agent submits everything to JAFZA for company registration.

7. Certificate Issuance: Upon approval, you will receive a Certificate of Incorporation and other necessary documents confirming the establishment of your offshore company.

Be sure to comply with JAFZA Offshore regulations and guidelines throughout the setup process. Working with Rigel agent experienced in JAFZA Offshore procedures can streamline the company formation process.

AJMAN Offshore

Establishing a company in Ajman Offshore involves a structured process:

1. Engage a Registered Agent: Begin by engaging a registered agent authorized to set up offshore companies in Ajman.

2. Choose Company Type: Decide on the type of offshore company you want to establish - either a Free Zone Establishment (FZE) or a Free Zone Company (FZCO). The key difference lies in the number of shareholders (FZE has one shareholder, FZCO can have multiple).

3. Submit Documentation: Prepare and submit the required documents to the registered agent. These usually include passport copies, proof of address, and other incorporation-related documents.

4. Payment and Processing: Pay the necessary fees for company registration and processing.

5. Legalization and Notarization: Depending on the jurisdiction where the documents are issued, some documents might need to be legalized and notarized.

6. Company Registration: The registered agent submits all required documentation to the Ajman Offshore authority for company registration.

7. Certificate Issuance: Upon approval, you will receive a Certificate of Incorporation and other necessary documents confirming the establishment of your Ajman Offshore company.

Ensure compliance with the regulations and guidelines set by Ajman Offshore throughout the setup process. Working with a Rigel agent familiar with Ajman Offshore procedures can facilitate a smoother establishment of your offshore company.

RAK ICC Offshore

Establishing a company in Ras Al Khaimah (RAK) Offshore involves a structured process:

1. Engage a Registered Agent: Begin by engaging a registered agent authorized to set up offshore companies in RAK.

2.

Choose Company Type: Decide on the type of offshore company you want to establish - typically, it's either a Free Zone Establishment (FZE) or a Free Zone Company (FZCO). The difference lies in the number of shareholders (FZE has one shareholder, FZCO can have multiple).

3. Submit Documentation: Prepare and submit the required documents to the registered agent. These documents usually include passport copies, proof of address, and other incorporation-related documents.

4. Payment and Processing: Pay the necessary fees for company registration and processing.

5. Legalization and Notarization: Some documents might need to be legalized and notarized, depending on the jurisdiction where they are issued.

6. Company Registration: The registered agent submits all necessary documentation to the RAK Offshore authority for company registration.

7. Certificate Issuance: Upon approval, you will receive a Certificate of Incorporation and other necessary documents confirming the establishment of your RAK Offshore company.

Ensure strict adherence to the regulations and guidelines set by RAK Offshore throughout the setup process. Collaborating with a Rigel agent experienced in RAK Offshore procedures can facilitate a smoother establishment of your offshore company.

Catch the Wave of Prosperity: Choose Dubai for Your Business Journey

1.Dubai, the epicenter of innovation and a global business hub, offers a unique blend of tradition and modernity.

2.Its strategic location acts as a gateway to emerging markets, fostering international connections. Boasting state-of-the-art infrastructure, tax incentives, and a pro-business environment, Dubai is the ideal destination for those seeking to thrive in a dynamic and forward-thinking economy.

Strategic Location: Gateway to Global Markets

Dubai's strategic location at the crossroads of Europe, Asia, and Africa provides businesses with unparalleled access to emerging markets, making it an ideal hub for international trade and expansion.

Pro-Business Environment: Fostering Growth and Innovation

Dubai's pro-business policies and regulatory framework create an environment that encourages innovation and growth.

With minimal bureaucracy and investor-friendly regulations, starting and operating a business in Dubai is streamlined and efficient.