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Company Formation in Dubai
Company Formation in Dubai Start Your Business in One of the World’s Most Strategic Hubs

Start Your Business in One of the World’s Most Strategic Hubs

Dubai is not only a global tourism destination but also one of the most dynamic and investor-friendly cities in the world. Over the last decade, it has attracted entrepreneurs, startups, and multinational companies seeking to benefit from its tax-friendly environment, legal stability, and unmatched access to global markets. At Million Consultancies, we make the company registration process smooth, legal, and stress-free—whether you’re on-site or managing remotely.

Who Should Consider Registering a Company in Dubai

Establishing a business in Dubai is an ideal choice for foreign investors, entrepreneurs, consultants, and companies planning to expand into the Middle East, Asia, and Africa. Whether your focus is trade, tech, real estate, consulting, or e-commerce, Dubai offers the infrastructure, support, and international access you need to grow.
Foreign nationals can now own 100% of their business in most cases, making Dubai a rare and competitive opportunity for global investors—especially Iranians who face restrictions in other markets.

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General Requirements for Company Formation

To register a company in Dubai, the applicant must be between 18 and 60 years old and demonstrate financial capability to cover business expenses. While earlier laws required a local sponsor, recent legal reforms now allow foreign investors to fully own their businesses without needing an Emirati partner. However, depending on the type of business (e.g., manufacturing), renting a warehouse or production site may be necessary.
The required documents include a valid UAE tourist visa, identification documents of all shareholders, an Arabic translation of the company’s articles of association, proof of financial solvency, a clean criminal record, an employee list, employee insurance documents, and a lease contract for a physical office if applicable.

Residency Through Company Formation

Registering a company in Dubai provides a two-year renewable residency permit for the investor and their immediate family. The length of the residency may vary depending on nationality. For example, citizens of countries like the United States, Switzerland, or Germany may be granted longer residency periods—up to six years. Iranian applicants generally receive a two-year permit, which can be renewed.
To qualify for renewal, the business must pay employee salaries (at least five UAE nationals), meet tax obligations, and have a clean legal record. If the investor fails to meet these requirements, renewal may be denied, and reapplying later can be extremely difficult.

Step by Step Process

1. Select Business Activity

Define your company’s operation and choose a unique, approved trade name aligned with UAE regulations.

2. Obtain Initial Approval

Apply to the Department of Economic Development (DED) for primary business approval and legal structure confirmation.

3. Finalize Legal Documents

Prepare the Memorandum of Association and other legal agreements required for your specific company type.

4. Lease Office Space

Secure a physical office or shared workspace, which is mandatory for completing the registration process.

5. Open Corporate and Visa

Set up a business bank account under the company’s name, along with a separate account for visa-related processes.

6.Receive Trade License

Once all approvals and documents are in place, your business license is issued and the company becomes legally operational.

License Types and Costs

There are three main types of business licenses in Dubai: industrial, commercial, and professional. The industrial license applies to businesses involved in manufacturing or processing; the commercial license is intended for those engaged in import/export; and the professional license covers service-based businesses like consulting, beauty salons, healthcare providers, and accounting firms.
Costs vary based on the type of license and number of sub-licenses required. Additional fees may apply depending on business activity, office size, and government approvals.