Why Choose Thinqivity for Global Entity Management in Dubai
Dubai has established itself as a global hub for international trade, finance, and innovation. With its strategic location, world-class infrastructure, and business-friendly policies, it’s no surprise that Dubai is a prime location for establishing global entities. At Thinqivity, we provide tailored global entity management services that ensure your business runs smoothly, efficiently, and in full compliance with all legal requirements. Here’s why setting up your global business entity in Dubai with Thinqivity should be your next step.
Why Set Up a Global Business Entity in Dubai?
Strategic Location
Dubai’s geographic position at the crossroads of Europe, Asia, and Africa makes it an ideal location for managing global entities. The city offers direct access to emerging markets and over 3 billion consumers, providing a strategic advantage for companies looking to expand internationally.
Business-Friendly Environment
Dubai’s policies encourage foreign investment with zero corporate and income taxes for many business types. The UAE government’s commitment to fostering a business-friendly environment makes Dubai one of the best places to set up and manage global business entities.
World-Class Infrastructure
Dubai boasts cutting-edge infrastructure, from advanced telecommunications to world-class transportation systems. This infrastructure supports seamless global operations, helping you manage your entity’s activities with ease.
Diverse Economy
Dubai’s economy is diverse and dynamic, with strong sectors in finance, technology, logistics, real estate, tourism, and more. This diversity provides global businesses with numerous opportunities for growth and expansion.
100% Foreign Ownership in Free Zones
Dubai offers 100% foreign ownership in its Free Zones, making it an attractive destination for international businesses looking to establish a presence in the region. This is a key feature for global entities seeking complete control over their operations.
Types of Business Entities in Dubai for Global Operations
When establishing a global business entity in Dubai, it’s important to select the right structure. The most common types of business entities include:
Mainland Company
Mainland companies in Dubai can trade freely across the UAE market. These entities require a local sponsor (UAE national) who must hold at least 51% of the shares, except in cases of professional services, where 100% foreign ownership is permitted.
Free Zone Company
Free Zones in Dubai allow foreign business owners to enjoy full ownership, no import/export duties, and zero corporate or personal taxes. However, Free Zone companies are limited to operating within the zone or internationally, and they may need a mainland partner for local trade.
Offshore Company
Offshore companies in Dubai are ideal for international trading and investment activities. These entities do not require a physical presence in Dubai and provide high confidentiality and tax benefits.
Steps to Set Up a Global Business Entity in Dubai with Thinqivity
Establishing a global business entity in Dubai is straightforward when guided by Thinqivity. Here’s how we can help you streamline the process:
Choose Your Business Activity
The first step is to identify your business activity, as this will determine the type of license you need (commercial, industrial, or professional).
Select the Business Structure
Depending on your business needs, choose from a Mainland, Free Zone, or Offshore company structure.
Register Your Business Name
Your business name must be unique and compliant with Dubai’s naming regulations.
Obtain Initial Approvals
Depending on the nature of your business, you may need special approvals from authorities like the Department of Economic Development (DED).
Draft Your Memorandum of Association (MOA)
For Mainland companies, an MOA is required and must be notarized, detailing the company’s structure and ownership.
Get Your Business License
After completing the necessary documentation, apply for your business license, which depends on your business activity.
Open a Corporate Bank Account
Select a bank and set up a corporate account to manage business transactions efficiently.
Visa Processing
We handle the application process for visas for you, your employees, and any dependents, ensuring smooth entry and residence in Dubai.
Cost of Setting Up a Global Business Entity in Dubai
The cost of setting up your global business entity in Dubai varies depending on several factors:
- Type of License: The cost depends on whether you require a commercial, industrial, or professional license.
- Office Space: Renting office space or using a virtual office in a Free Zone can affect your budget.
- Visa Costs: The number of visas needed for employees and dependents will influence the overall cost.
- Additional Fees: Legal fees, notarization, and local sponsorship (if applicable) also contribute to costs.
Estimated Cost Range
- Mainland Company: Starting from AED 15,000 to AED 50,000
- Free Zone Company: Starting from AED 10,000 to AED 30,000
- Offshore Company: Starting from AED 7,500
Why Work with Thinqivity for Global Entity Management?
Navigating the complexities of global entity management can be a daunting task. By working with Thinqivity, you get the following advantages:
Expert Guidance
Our team offers valuable insights into the best business structures and jurisdictions to fit your specific needs. We ensure you choose the most advantageous setup for your global operations.
Time Efficiency
With Thinqivity managing the paperwork, approvals, and licensing, you save valuable time and can focus on growing your global business.
Cost Optimization
We help you find cost-effective solutions while ensuring compliance with Dubai’s regulations, optimizing your setup costs.
Seamless Operations
We leverage our local expertise and advanced technology to streamline your business setup and ongoing operations, allowing you to focus on your business’s success.
Conclusion: Start Your Global Business Journey with Thinqivity
Establishing a global business entity in Dubai with Thinqivity offers endless opportunities for growth and success. Whether you opt for a Mainland, Free Zone, or Offshore company, Dubai’s favorable economic conditions and business-friendly regulations make it the ideal place for international business operations.
Ready to set up your global business entity in Dubai? Let Thinqivity guide you through the process, ensuring compliance and efficiency every step of the way.
Contact Thinqivity Today
For expert assistance in setting up your global entity in Dubai, Thinqivity is your trusted partner. We provide comprehensive services to help you navigate the complexities of global entity management. Contact us today to begin your journey in Dubai’s thriving business environment.
