One of the world's most alluring business destinations, the United Arab Emirates has an open, varied, and internationally linked economy.
Opportunities in industries including commerce, banking, tourism, real estate, and technology are increased by entering other GCC nations.
The GCC and the UAE are excellent locations for corporate investments for the following reasons
- Business-Friendly Environment: Investors from all over the world are drawn to the UAE because of its advantageous location, zero income tax, and several free zones. It serves as a gateway for conducting business in the GCC as well as the United Arab Emirates.
- Expanding Markets: There are a ton of business prospects due to the UAE's broad market and the GCC region's rising need for a variety of goods and services.
- Incentives for Foreign Investors: In addition to alluring tax breaks and customs exemptions, several GCC nations, like the UAE, permit 100% foreign ownership in Free Zones.
- World-Class Infrastructure: The UAE and GCC nations have first-rate banking, communication, and transportation systems that aid in the expansion of enterprises.
From Idea to Execution: Complete Business Formation & Capital
From idea to growth, we at Expert Advice Legal Consultant help you at every step of your company's development.
Here is a thorough explanation of how we assist you in starting and expanding your company in the United Arab Emirates and other GCC nations:
1. First Consultation and Study of Business Feasibility
- We begin our approach with a thorough consultation to learn about your company strategy, investment objectives, and industry of interest.
- In order to assist you in making decisions, we carry out a feasibility analysis that examines the market competition, and legal requirements in the United Arab Emirates and the GCC nation of your choice.
2. Selecting the Appropriate Business Structure
- Whether it's an LLC, Free Zone Company, Branch Office, or Representative Office, we assist you in choosing the best company structure for your requirements.
- Our professionals offer advice on whether you qualify for 100% foreign ownership in the UAE or other GCC nations or whether you require a local sponsor.
3. Company Registration & Licensing
- Our team manages all aspects of company registration, including preparing and submitting documents to the relevant authorities.
- We assist you in obtaining the necessary business licenses from the Department of Economic Development (DED) in UAE or similar authorities in other GCC countries, ensuring full legal compliance.
4. Visa & Work Permit Processing
- We assist you in obtaining the appropriate Investor Visas, Work Permits, and Residence Visas for both you and your employees and ensuring compliance with the UAE’s Migration laws.
- We also manage the visa renewal process and any other migration-related tasks to keep your business operational.
5. Office Setup & Real Estate Solutions
- From securing office spaces in the UAE's Free Zones or on the mainland to assisting with your expansion into other GCC countries, we provide real estate solutions that align with your business needs.
- We assist in drafting and reviewing lease agreements and ensuring compliance with local property regulations.
6. Banking & Financial Advisory
- We guide you through the process of opening a business bank account and managing international transactions.
- We offer tax advisory services, helping you navigate VAT regulations, explore tax exemptions, and ensure that your business is compliant with all tax laws in the UAE and GCC countries.
7. Employee Sponsorship & Labour Law Compliance
- Our team ensures that your business complies with local Labor Laws, including drafting employment contracts, ensuring fair wages, and managing the employee sponsorship process.
- We guide you through the requirements for hiring foreign workers and help you stay in compliance with UAE's labor regulations.
8. Ongoing Legal & Regulatory Support
- After your business is set up, we provide ongoing legal support for contract management, dispute resolution, intellectual property protection and regulatory compliance.
- We assist with business license renewals, annual reports and other tasks to ensure your business runs smoothly
Why Is It a Wise Decision to Do Business in the UAE and GCC?
- Tax Advantages: The UAE offers tax-free business setups in Free Zones, no income tax and low customs duties, making it a highly attractive destination for investors.
- Full Foreign Ownership: The UAE allows 100% foreign ownership in most sectors within Free Zones, providing investors greater control over their ventures.
- Regional Access: The UAE serves as a gateway to other GCC countries, offering access to regional markets that are experiencing rapid economic growth.
- Infrastructure & Connectivity: The UAE boasts world-class infrastructure, from transport to digital connectivity, making it easy to do business in the region.
Business Setup Eligibility: UAE & GCC Requirements
To establish a business in the UAE or other GCC countries, here are the key eligibility criteria you must meet:
- Valid Passport: Investors must possess a valid passport. Certain countries may require a minimum level of investment for specific sectors.
- Local Partner (if applicable): In some cases, especially outside Free Zones, a local sponsor may be required to hold a percentage of ownership.
- Minimum Capital Investment: Each business structure or jurisdiction has its own minimum investment requirement. This varies depending on the business activity.
- Business Plan: A comprehensive business plan is typically required as part of the registration process, outlining your business idea, market research and financial projections.
Nationalities on the GCC and UAE Blacklist for Investment
Some nationalities may be prohibited from investing or establishing enterprises in the UAE and GCC nations for diplomatic or political reasons, although the majority are allowed to do so. These limitations are subject to change, so it's critical to keep up with the most recent rules. To ensure you are not at a disadvantage in your investment or company establishment, our legal team offers current guidance on blacklist countries and how to get over such restrictions.