- June 12, 2023
- Posted by: cigdubaiae
There are several benefits for new-age entrepreneurs and investors from India who want to register their businesses in Dubai. Read on to know more about how to register an Indian company in Dubai.
First of all, you are required to have a local partner if you are setting up a business in mainland Dubai. Secondly, you just have to follow the steps listed below to complete the registration process.
Decide Your Business Activity
The day-to-day activities you want to engage in will determine your company’s business model. Additionally, you need to obtain certain special approvals and certificates to do several activities. On the Dubai mainland, you can register an Indian company in Dubai as a sole proprietor or limited liability company (LLC).
Register a Trading Name for Your Company
It is recommended that you choose a unique trade name that indicates the nature of the business of your company, following the specified naming conventions.
Choose a Location for Your Business
Choose a location for your business based on factors such as easy accessibility, infrastructure and resource availability, and tax benefits. Also, obtain the tenancy contract or Ejari for the selected office space.
Local Service Agreement and Memorandum of Association
For the registration of an Indian company on mainland Dubai, you need to sign an agreement with a Local Service Agent (LSA) with 51% shareholding. Furthermore, you must establish and sign a Memorandum of Association (MoA) based on your chosen company structure.
Apply for a Trade License
To apply for a mainland business license, you must submit an application to the Department of Economic Development (DED). Free zone businesses must submit their applications to their respective authorities. Additionally, you may have to obtain certain external approvals from government agencies to get your trade license.
Open a Business Bank Account
After completing all the paperwork for registering an Indian company in Dubai, you can open a business bank account in your company’s name.
Documents Required for Registering an Indian Company in Dubai
- Applicant’s passport-size photographs
- Application form duly filled in
- LSA’s Emirati ID copy
- Attested and notarized local service agreement and MoA
- Copies of passports of all legal participants
- External approvals (as applicable)
- Applicant’s tourist visa
- Office space Ejari number and business center sustainability contract
How Can CIG Dubai Help You
CIG Dubai is one of the top business setup consultants in Dubai. We have been helping investors and entrepreneurs from India register their companies in Dubai for more than 16 years now. Our team of expert business setup consultants and PROs will assist you with each step of the mainland or free zone company registration process, including setting up your office space. We can help you too!