Civil Company Formation
in Dubai
Setting up a profitable company and taking it to successful heights is no longer a difficult task. Today, Dubai ranks fifth in the world for business markets with a friendly environment that attracts investors and entrepreneurs from all around the world. There are many opportunities and facilities for an individual to start a business in Dubai. You can go for a free zone business setup or a mainland business set up with 100% foreign ownership. Civil Company Formation in Dubai is one of the main types of business setup in Dubai Mainland. An investor or entrepreneur with professional service activities such as physicians, attorneys, engineers, accountants, and consultants can set up a civil company in Dubai.
What is a Civil Company in Dubai?
A civil company or a civil organization is a mainland partnership company with two or more individuals or corporate shareholders to provide professional services. Any foreign businessman can create a civil organization in Dubai with 100% ownership.
But it is required to hire a local UAE national as a local service agent for obtaining a civil company license in Dubai. The main responsibility of a local service agent is to undertake all the government procedures, such as liaising with the Immigration Department, the Department of Economic Development, and the Ministry of Labor. And he will not be a partner/shareholder and have no other powers over your company.
To set up a civil company, you and your partner need to have professional-level skills to minimize the chances of loss.
How to Setup a Civil Company in Dubai?
- Select a name for your company and decide on your business activity.
- Search for a local service agent who can help you with all the paperwork and for solving legal issues.
- Finding an office space that suits your business activity will be the next step. This is required for registering your business.
- Preparation of a partnership agreement and LSA(Local Service Agent ) agreement which will be executed from the DED/Court.
- Submit the documents and apply for the civil company license.
- Get the license and start your company.
Benefits of Civil Company Formation in Dubai
Like any other business setup, civil company formation in Dubai is also very profitable. It comes up with multiple benefits. Some of the major benefits of a civil company in the UAE are:
- Super easy and quick company formation process. You can get registered according to DED regulations within 2 hours.
- Low setup cost and the process do not require an upfront share.
- 100% valid foreign ownership of your civil company in Dubai and not required to have a partnership with your local service agent.
- Establishing a Business Bank Account is Simple — after acquiring your professional license and forming your civil company you can register a business bank account. At Booming Bytes, we can help you find out a bank that fits your demands and requirements.
- Affordability – Sponsoring Dependents Is Easy. With a civil company set up in Dubai, you’ll be able to sponsor your family or dependents without difficulty.
- Company name in Arabic and English
- Passport and visa(visit/residence) copy of the shareholders and managers
- Passport copy of Local Service Agents
- Company documents that show corporate shareholding.
- Partners of any nationality can perform professional activities under DED business rules.
- As a result, civil companies in Dubai are restricted to a maximum of two managers per civil legal structure.
- You’ll need a formal Civil Agreement between you and your foreign spouse if you want to obtain a civil license.
- A Service Agent agreement is required for the company to appoint a Local Service Agent.
- There should be consistency and proportionality in the company’s trade name and commercial activities.
- In Dubai, a civil company can set up multiple branches. Each branch can carry out one or all the business activities of the parent company.
- Any individual or company can buy a civil company or a branch of the UAE company. According to DED procedures, the owners can also alter their legal structure.
In Dubai, does a Local Service Agent play a vital role?
It is still necessary to deal with a Local Service Agent for the civil company set up in Dubai, even if there is 100% foreign ownership. Unlike local sponsors, an agent is unauthorized to own a share or interest in your company. As a liaison between the government and the business, he is primarily responsible for assisting in the application process for work permits, visas, and licenses. They are paid either a percentage of your company’s profits or a fixed fee(yearly/monthly) for their services as an agent.
Contact with us for
Any Advice
Call Anytime
+971 56 437 8853
Email Us
info@boomingbytes.com
Start Your Own Civil Company in Dubai with Booming Bytes
It may be a bit difficult for you to understand and follow the steps required to start a civil company in Dubai. So you must require a supporting hand to build your dream business in Dubai. Booming Bytes Consultancy can help you from the very beginning of setting up your company in Dubai or anywhere in the UAE. Our phenomenal business setup service in Dubai will provide you with complete guidance and support for your business and its successful growth. Our professional business setup consultants are highly knowledgeable in the latest updates on the UAE government laws and regulations.