How do I set up a company in the UAE?
The process generally begins with understanding your business activities, ownership, intended market and operational requirements. You then assess the appropriate jurisdiction and legal form, confirm the applicable licensing requirements, prepare the necessary documentation and proceed with the relevant application.
The exact process varies depending on whether you establish a mainland company, a free zone entity, an ADGM company or a branch of an existing business.
Megillion helps you assess the relevant considerations and coordinate the formation process.
How much does it cost to set up a company in the UAE?
The cost depends on the jurisdiction, legal form, licensed activities, facility requirements, visa needs and any additional approvals or services involved.
A headline licence price may not represent the full cost of establishing and preparing a company for operation. We recommend assessing the complete requirements of your proposed setup before comparing options.
Should I establish a mainland or free zone company?
Neither option is automatically right for every business.
Your intended activities, target customers, ownership, operating model and plans for the UAE all influence the decision. You should also consider the applicable rules governing where and how the company can conduct its activities.
We help you assess the relevant considerations before you commit to a structure.
What is the difference between a mainland company, a free zone company and an ADGM company?
These options operate under different legal, licensing and regulatory frameworks.
Mainland companies are established under the applicable UAE emirate’s mainland company framework. Free zone companies are registered within specific free zones under their respective frameworks. ADGM operates under its own legal and regulatory framework in Abu Dhabi.
The appropriate option depends on your business objectives, proposed activities and applicable requirements.
Can a foreigner own a company in the UAE?
Foreign ownership is permitted for many UAE business structures, but the applicable rules and conditions depend on the legal form, jurisdiction, activity and any relevant sector-specific restrictions or approvals.
The appropriate structure should be assessed against your particular circumstances.
How long does company formation take in the UAE?
The timeframe varies depending on the jurisdiction, business activity, documentation, external approvals and circumstances of the application.
Once the proposed structure and requirements are understood, the process can be assessed more realistically. Actual completion dates remain subject to the relevant authority and any outstanding requirements.
What documents are required to establish a UAE company?
Requirements depend on the jurisdiction, entity type, ownership and business activities. They may include identification documents, application forms, proposed company details, ownership information, constitutional documents, authorisations and supporting documents for corporate shareholders.
Foreign corporate shareholders may need to provide additional corporate documentation, including legalisation or attestation where required.
We help identify the relevant document requirements for the proposed setup.
Can Megillion help after my company is incorporated?
Yes. Depending on your requirements, Megillion can support post-incorporation matters such as corporate banking coordination, visas and employee mobility, tax and regulatory registrations, corporate compliance, CSP support, UBO registration and corporate amendments.
Our approach looks beyond the licence to consider the corporate requirements that follow.
Can Megillion help an existing international company enter the UAE?
Yes. We support international businesses considering a UAE subsidiary, branch, representative office or other appropriate corporate structure.
We help you assess the relevant considerations and coordinate the establishment process in the context of your wider business objectives.