Company Setup in Meydan Dubai
Benefits of Company Setup in Meydan Dubai
There are several advantages to setting up businesses in Meydan, UAE. Focusing on the economic development of the area, Meydan aims to provide businesses with the opportunity to capitalize on the advantages like:
- 100% Foreign Ownership
- 100% Capital Repatriation
- Ability to operate anywhere in UAE
- 0% corporate tax
- No Custom Duties
- No Currency Restriction
- Strategic location and cheapest business centre, close to Mohammed Bin Rashid Al Maktoum City, and the Dubai Logistics Corridor
Key Considerations for Setting Up a Company in Meydan, Dubai
- Determine the most suitable legal structure for your company, such as a Limited Liability Company (LLC), Free Zone Company, or Branch Office. Each structure has its benefits and requirements.
- Prepare all the required documents to obtain the necessary business license for your company’s activities. The type of license required will depend on the nature of your business.
- Decide the ideal place for your business setup, whether it be free or mainland. Be imperative of utilities such as electricity, water, internet connectivity, and transportation in the chosen location.
- Understand and comply with all local regulations, including licensing requirements, zoning laws, and environmental regulations.
- Consider seeking legal assistance from local experts or law firms specializing in business setup and corporate law in Meydan Dubai to navigate the complex regulatory landscape effectively.
Documents Required for Company Setup in Meydan Dubai
Different business consultants for company setup in Meydan can ask for documents based on their requirements. Some of the mandatory documents may include:
- AOA and MOA
- Business plan
- Registration fee
- Bank reference letter
- Address proof
- CV of the shareholders
- Passport copies
Setup Your Company in Meydan with AIMS UAE
Whether it’s about handling complex paperwork, securing permits, or adhering to taxation and laws – our experienced team understands the regulatory compliance in Meydan and ensures that your company’s setup process is smooth and efficient. From liaising with government authorities to preparing documentation, we take the hassle out of administrative tasks involved in the entire process of a company formation in UAE.
Contact us now for an easy and smooth business setup process.
Frequently Asked Question
Following are the steps involved in a company formation -
- Hire a Business Setup Consultant
- Choose a Business Activity ( retail, hospitality, manufacturing, etc).
- Select a company structure ( LLC, Branch Office, Representative Office, etc).
- Register the company name
- Prepare required documents
- Obtain necessary approvals
- Lease office space (if required)
- Get your business license
The cost of your company setup may vary from different service providers and requirements of your business. Generally, the costs depend on -
- License Fees
- Registration Fees
- Visa Costs
- Office Rent
- Additional or Ongoing Services Charge
Some business setup consultants provide a complete package including all the above expenses. The cost of these types of services starts from about 12000 AED and can go higher as per the requirements.
