Traditional Food Restaurant
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Office space in Business Bay
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Real Estate for All Companies with Destination Dubai
Thinking about renting a property for your company or forming a business in Dubai? Or perhaps, you have heard about companies that have been successful in the United Arab Emirates (UAE) and you want to establish your business there. In any case, it is best to let expert professionals advise you and that is why you visit us.
Well, let us tell you that you have made the right choice. With our services, you will be able to make more informed decisions in this regard and little by little develop your company in Dubai. And if you are still not sure why you should establish your company in Dubai, here we will give you some reasons.
Ask for your personalized advice
Book an appointment to have our specialists answer any questions you may have about setting up businesses in Dubai free of charge the first time. Just leave your information and one of our experts will contact you shortly to finalize the details.
Known for its skyline of skyscrapers and dream beaches, Dubai offers an enviable lifestyle. Here you can enjoy the sun every day and participate in outdoor activities all year round. But what sets Dubai apart is its commitment to innovation and progress, and its combination of tradition and modernity. Countless ethnic groups coexist harmoniously in Dubai, creating a unique multicultural environment.
This diversity is reflected in everyday life, from local and international cuisine to festivals and cultural events. Religious and cultural tolerance is the basis of life in Dubai. Mosques, churches, temples, and synagogues coexist peacefully here and people can practice their faith without restrictions. This is proof of mutual respect and peaceful coexistence in Dubai. Come and discover for yourself what makes Dubai such a special place to live!
Freedom from taxes
Dubai does not charge taxes on income, capital gains, corporations, or wealth. This means you can save a lot of money and reinvest it in your business or personal life. In addition, Dubai has tax agreements with many countries to avoid double taxation.
Support for entrepreneurs
It has a very favorable legal system for entrepreneurs since it allows the creation of companies in a short time and with few requirements. There are also free zones where incentives such as tariff exemption, unlimited work permits, capital repatriation, and benefits are offered.
High quality of life
It is a modern and cosmopolitan city, with first-class infrastructure, a wide cultural and leisure offers, and very high security. Additionally, it has a warm climate all year round, beautiful beaches, and impressive landscapes. Living in Dubai can be very pleasant and satisfying.
Strategic location
The city is located in the center of the Middle East, a region with great economic and commercial potential. From Dubai, you can easily access markets such as Asia, Africa, and Europe, as well as important financial centers such as London, Singapore, and Hong Kong. Dubai also has an international airport with connections to more than 200 destinations.
Healthcare system
Dubai has a high-quality healthcare system, with hospitals and clinics equipped with the latest technology and qualified medical staff. Its inhabitants have access to public and private health services, as well as mandatory health insurance. Therefore, it is a perfect place to live or invest in healthcare or research and development companies in the healthcare sector.
Ease of residence
It offers several options that make it easier to obtain a residence visa, depending on the type of activity carried out. One of the most popular is the remote work program, which allows professionals to live in Dubai while working for their companies abroad. Another option is to invest in real estate or local businesses, which also grants the right to reside in the emirate.
We present the Free Zones of the United Arab Emirates
Regardless of the type of company you want to establish in Dubai, we recommend that you allow us to offer you different free zone alternatives that could suit you. Since some could be better than others, depending on the type of productive sector your company serves.
Searching for real estate for a company that is dedicated to the agricultural sector is not the same as one that focuses on the transformation of natural resources. Or perhaps your company provides financial advisory services in the tourism sector.
In any case, intending to attract foreign investments and promote trade in the region, there are more than 45 free zones in the UAE. These areas offer a series of benefits and advantages for companies that establish themselves in them.
But, if you are interested in locating your company within a free zone, personally choosing the one that best suits you could be a strenuous task. Since there is so much supply of free zones, there are competitive differences between them whose comparison is not easy to make. To give you an idea, read the main characteristics of some of these free zones.
Dubai International Free Zone Authority (IFZA)
- It is one of the most recently created free zones in the UAE.
- It offers companies quite competitive rates compared to other free zones.
- Regardless of where shareholders are located, the company formation process in IFZA can be carried out completely remotely.
- Setting up a company in this free zone is done quickly. On average the entire process is completed in 3 business days.
- It is not a mandatory requirement to subscribe to paid-in capital in a bank account to establish a company in IFZA.
Dubai Silicon Oasis Authority (DSOA)
- It is a free zone focused on the electronics, information technology, and telecommunications industries.
- It offers an advanced technological infrastructure with laboratories, research and development centers, and spaces for emerging companies.
- DSOA offers specialized programs and support to support startups in the technology field.
- Supports companies with visa services for employees, or for investors to get to know Dubai.
- DSOA has facilities for employees, including housing, medical, and educational services.
Dubai Multi Commodities Centre (DMCC)
- Currently, this free zone concentrates more than 23,000 companies from various parts of the world.
- It offers access to world-class business services, connections, and infrastructure.
- It is strategically located in the Jumeirah Lakes Towers district, in central Dubai.
- Provides flexible solutions for virtually all business activities. Emphasizing companies in the tertiary sector.
- Winner of the ‘Global Free Zone of the Year’ award by the Financial Times FDI magazine for the last eight years.
Jebel Ali Free Zone (JAFZA)
- More than 7,500 companies operate in JAFZA. That generates a commercial value of more than $104B each year.
- It offers a wide variety of business solutions, from offices to warehouses and industrial land.
- JAFZA is located in a strategic area close to Al Maktoum International Airport and Jebel Ali Port.
- At JAFZA you can obtain commercial, service, industrial, logistics, and e-commerce licenses.
- It offers a dynamic and vibrant business environment. In key sectors such as the petrochemical industry.
Dubai Airport Free Zone (DAFZA)
- DAFZ is one of the most reputable and developed free zones in Dubai. Currently, more than 2,500 companies benefit from its benefits.
- World’s leading free zone offering personalized business solutions.
- It is located at Dubai International Airport. This gives it a great competitive advantage by having direct access to Europe, India, the Middle East, and the Far East.
- It offers a wide variety of facilities and services to meet business needs.
- Among its licenses, it offers a Dual License with the Dubai Department of Economic Development (DED).
Dubai International Financial Centre (DIFC)
- This free zone offers high-quality offices, cutting-edge business centers, dynamic commercial spaces, and modern data centers.
- Business areas within the Center span banking, insurance, professional services, capital markets access, global corporations, and wealth management.
- More than 4,500 companies operate in DIFC.
- It has a Family Wealth Center (DFWC) to support family businesses with wealth and asset management.
- Supported by independent legal bodies, such as the Dubai Financial Services Authority (DFSA).
Dubai Internet City (DIC)
- It is the largest technology and innovation center in the Middle East and North Africa.
- In your community directory, the DIC has multiple contacts. Such as software, e-commerce, and IT services companies, among others.
- Offers customized solutions for technology companies. Among others, are innovation centers, warehouses, and commercial spaces.
- It is operated by the TECOM Group, which serves more than 9,500 clients and offers 17M m2 of surface for real estate leasing.
- Efficient visa support.
Dubai South
- With a prime location near Dubai International Airport, this free zone connects to a multimodal network system.
- A competitive difference it offers is that you can go, along its road corridor, from the port to the airport in just 20 minutes.
- The Dubai Logistics District covers an area of 18 square kilometers.
- One of the specialized areas you find is email marketing, having a complete area for this purpose (EZDubai).
- It has ideal plots for real estate development, where all of the properties are for foreigners.
Dubai Science Park (DSP)
- It is the option for free zones in Dubai to promote SMEs and transnational companies interested in science, the environment, and the energy industry.
- Its primary objective is to help the sustainability of the planet, by supporting the scientific community for better use of resources.
- It facilitates bridges for relationships with leading companies in the scientific sector such as First Solar or Pfizer.
- Provides access to auditoriums and amphitheaters for different events such as conferences or seminars.
- Options for freelancers who want to offer their services to the DSP-free zone.
Dubai Production City (DPC)
- Created in 2003, it is a community that attracts entrepreneurs from all over the world in the packaging and media production sector. Also to advertising and printing companies.
- It has in5 Media, its incubator for entrepreneurs in the area of influence of the free zone,
- It has a personalized offer for your companies, such as boutique studios, which integrate spacious offices with studios for film production.
- It offers warehouses from 460 to 1,000 m2.
- It also has 3 types of sound stages for rental.
Dubai Healthcare City (DHCC)
- Free Trade Zone that brings together the most recognized companies in medical care. All in an ecosystem made up of 10 hospitals and 168 clinical infrastructures.
- DHCC promotes a high level of competence in its companies by awarding 5 excellence awards and 4 recognition awards every year.
- Access to a strong network of internal services that support the free zone, such as retail distributors, pharmacies and personal care specialists.
- Located in a tourist destination par excellence in the health sector, Dubai.
- DHCC processes preferential residence visas with a validity of 10 for its professionals, researchers and technicians.
Dubai Knowledge Park (DKP)
- Specializing in education and human development, it offers customized business solutions for educational institutions and professional training providers.
- With its specialized offer in talent training, it has an almost captive market niche with companies in the other free zones of Dubai.
- Currently, there are more than 500 companies operating in DKP.
- Whether you have a business related to the DKP area of influence or want to apply as a freelancer, you can join the community.
- It offers 4 types of offices, from cubicles to fully furnished offices.
No matter what productive sector you are thinking of entering in Dubai, you will always find niches in which you can compete. Dubai’s economy is one of the most diversified in the world, and there is room for all investors.
However, to have reliable and sufficient information to start your investment in this country on the right foot, it is better to seek expert professional help. In this regard, we have a multidisciplinary team that will do the market research for you, regardless of your target audience.
In any case, as an initial step to getting to know Dubai’s economy, we show you an overview of the types of companies you find in the country for each productive sector.
I need advice!
Provide us with your contact information in the form below and we will contact you to set up a free consultation appointment. You should prepare a prior list with all your doubts so that you can get the most out of our expert consultant.
Dubai's primary sector is waiting for you
Although Dubai is known for its urban development and diversified economy, it also focuses on the primary sector. Specifically, the country stands out for promoting sustainable development and has implemented initiatives to promote local production of food and natural resources.
Below, we present some examples of the types of companies you find in the primary production sector in this country. Notably, Dubai has implemented advanced technologies and sustainable practices to improve efficiency and productivity in these industries.
Agriculture
The most important agricultural products in Dubai include dates, tomatoes, cucumbers, peppers, and lettuce.
Furthermore, supermarkets in Dubai offer a wide variety of fresh fruits and vegetables, including exotic products that are imported from all over the world.
At the central fruit and vegetable market in Al Aweer, fine dining chefs frequent the market to source the best ingredients, such as durian, truffles, yams, and rambutans.
Cattle Raising
Livestock farming in Dubai includes raising cattle and horses.
Some of their most common beef cattle breeds are Gelbvieh, Limousin, Simmental, and Charolais.
As for horses, a very popular breed in the country is the Arabian horse. Known for its elegance, speed, and endurance, it is used in horse racing and other equestrian events.
Livestock activities contribute to the economic growth and sustainable development of Dubai.
Beekeeping
Dubai produces a wide variety of honey. Among others, rosemary, heather, chestnut, acacia, orange blossom, pine and eucalyptus honey.
In addition, the country offers other derived products such as pollen for the food industry and as a dietary supplement. Royal jelly and propolis, as a food supplement and in cosmetic products.
It also produces virgin beeswax, which is used in the textile, footwear, pharmaceutical, and cosmetic industries, among many others.
Aquaculture
Aquaculture in Dubai focuses on raising fish and shellfish. Seafood is an important part of the diet in Dubai. A wide variety of these are consumed in the city’s restaurants and markets.
In this regard, Dubai, offers a wide variety of options, from local dishes to international dishes. Including the most popular seafood shrimp, prawns, crabs, mussels, oysters, and squid.
Mining
Mining in Dubai includes the extraction of minerals and precious metals.
Among the minerals mined in Dubai are copper, gold, silver, iron, marble and salt.
The country is one of the world’s leading gold and jewelry trading centers.
Products from Dubai’s mining sector are exported to numerous international markets such as India, China, Switzerland, Turkey, and Hong Kong. Having a significant impact on your economy.
Forestry
Wood is used in various industries, such as construction, furniture manufacturing, and paper production.
Furthermore, forestry contributes to the conservation of forests and biodiversity, as well as the provision of environmental services.
For these reasons, Dubai is concerned about the sustainable management of forests and wood production in general. However, it is an area of the country that is still not very competitive.
The Types of Secondary Sector Companies in Dubai
In Dubai, there are three main types of companies in the secondary sector: Mainland, Free Zone and Offshore Company. It is important to note that each type of business has its own advantages and specific legal requirements.
If you are interested in establishing a company in Dubai in this sector, we would recommend that you consult with our legal advisors or company formation specialists. This way, you could obtain more detailed information about the specific requirements and benefits for your case.
Below, we present an overview of each type so you can decide which of these attracts your attention the most.
Mainland
- They are companies that operate within the territory of Dubai and are subject to the laws and regulations of the United Arab Emirates (UAE).
- These companies can conduct business throughout the country and are not limited to a specific location.
- Mainland companies may have local partners or be wholly or partially owned by foreign investors. Therefore, if an investor does not have enough capital, this could be an interesting business option.
- Among the legal requirements to form this type of company are a notarial declaration and registration with the Department of Economic Development (DED).
Free Zone
- They are those that operate within a designated free zone in Dubai.
- These free zones offer tax and customs benefits, such as exemption from income and property taxes, full repatriation of profits, and exemption from import and export duties.
- They are subject to the specific regulations of each free zone and generally have restrictions on where they can conduct business within Dubai and the UAE.
- The legal requirements for this type of company may vary depending on the specific free zone. Each free zone has its regulations and requirements.
Offshore Company
- Offshore Company companies are those that are established in an offshore jurisdiction, such as Jebel Ali Offshore Company in Dubai.
- These companies are designed for international business activities and cannot conduct business within the UAE.
- Offshore Company companies offer tax benefits and confidentiality, but are subject to specific regulations and cannot conduct local operations.
- They will request a notarial certificate that confirms the existence and good reputation of the foreign company and registration with the Department of Economic Development (DED).
What Companies Are in the Tertiary Sector of Dubai?
If you are dedicated to the tourism sector or provide tourism services, Dubai’s tertiary sector offers great investment possibilities in these activities and others related to the tertiary sector such as the following.
Transport Companies
They are in charge of transporting raw materials from the primary to the secondary sector in Dubai. And they provide direct transportation services to people through land routes, sea routes, and airlines.
An example of this type of company is the Roads and Transport Authority (RTA). It oversees public taxis, the Dubai Metro, the water transport system, buses, and the Dubai Tram. Other examples are Dubai Bus Transport Company and transport and logistics company Jenae Logistics LLC.
Tourism Companies
They offer services related to tourism, such as travel agencies, hotels, restaurants, and tourist attractions. Due to the boom that Dubai has achieved for international business, this is a very dynamic sector in the country.
An example of a tourism company in this country is Dubai Holding Entertainment. Which is a diversified entertainment group with a wide range of destinations and tourist attractions in Dubai. In addition, we can mention Jumeirah Group, a luxury hotel chain based in this country.
Entertainment Companies
They provide services and products related to entertainment, such as theme parks, cinemas, theaters, and cultural events. In this sector, there are many examples, such as IMG Worlds of Adventure. Which is an indoor theme park that features attractions based on popular comic book and movie characters.
Another important company in this sector is Dubai Parks and Resorts. A theme park complex that includes Motiongate Dubai, Bollywood Parks Dubai, Legoland Dubai, and Legoland Water Park.
Financial Companies
They include banks, insurance companies, investment firms, and other financial institutions, which, due to the development of the region, constitute a fundamental element in its economy.
An example of companies in this sector is HSBC (Hong Kong and Shanghai Banking Corporation). It constitutes a mandatory reference for being one of the banks with the longest track record in the world. Founded in 1865 in Hong Kong and Shanghai, it has become a global financial institution with a presence in more than 60 countries.
Technology Companies
They are dedicated to the development and sale of technological products and services, such as software, hardware, and digital solutions. This is a highly competitive sector in Dubai, but for which there are many opportunities.
As an iconic example of this type of company in Dubai, we can mention Microsoft. Technology multinational that needs no introduction due to the large market it handles worldwide. Furthermore, we can mention Nexus, but many more technology companies are living in Dubai.
One of the elements why you would need to hire a real estate agency that offers comprehensive services in Dubai is the variety of legal regulations that apply. This depends on the type of company you want to establish.
A foreign investor who wants to establish a company in Dubai can choose from many different legal forms. Being professional, commercial, and industrial, are the three main categories of business in the country.
As a starting point, most businesses are generally required to notarize and register with the Department of Economic Development (DED). And, if applicable, a notarial certificate is requested that confirms the existence and good reputation of the foreign company. However, each legal form has its own characteristics and specific legal requirements.
Types of Companies that can be Legally Incorporated
Let’s quickly see an overview of the main characteristics of the types of companies that you can form in Dubai from a legal point of view.
Civil Society
- Made up of two or more people.
- It does not have a minimum required share capital.
- The debts and obligations of the company are assumed by the partners of the company.
Individual Establishment
- Sole property of the owner.
- It does not have the minimum required share capital.
- The owner is responsible for the debts and obligations of the company.
Public Participation
- Formed by two or more shareholders.
- Minimum share capital required: AED 30,000,000.
- It issues shares to the public and is listed on the stock exchange.
Business Partnership
- To establish, at least two people are required.
- It does not have a minimum required share capital.
- The partners are responsible for all debts and obligations incurred by the company.
Civil Company Branch
- It is an extension of an existing civil company.
- It does not have a minimum required share capital.
- The civil company is responsible for the debts and obligations of the branch.
Foreign Company Branch
- It is an extension of an existing foreign company.
- It does not have a minimum required share capital.
- The foreign company is responsible for the debts and obligations of the branch.
Privately Held Company
- Formed by two or more shareholders.
- Minimum share capital required: AED 2,000,000.
- Shareholders are responsible for the debts and obligations of the company up to the amount of their shares.
Free Zone Company Branch
- Extension of a company established in a designated free zone in Dubai.
- Subject to the specific regulations of each free zone
- Generally have restrictions on where they can do business
Limited Liability Company
- Formed by two or more partners.
- Minimum share capital required: AED 300,000.
- The partners are responsible for the debts and obligations of the company up to the amount of their contribution.
GCC Subsidiary Company
- Formed by two or more citizens of the Gulf Cooperation Council (GCC).
- It does not have a minimum required share capital.
- The debts and obligations of the company are assumed by the partners.
Simple Limited Company
- It exists under a corporate name and is made up of one or more limited partners, āmanagersā or āgeneralā (responsible for the administration of the company, including all its personal and commercial assets).
- In addition, there are one or more limited partners who are only obligated to pay their contributions, thus having limited liability.
Intelaq
- It is a license for Dubai residents who want to run a home-based business in various fields for a minimal fee paid annually.
- Businesses that can be run from home include services, e-commerce, graphic design, and consulting, among others.
- It is not available for foreign companies.
What You Should Know About Taxes in Dubai
In Dubai, the tax system is very favorable for entrepreneurs and companies. Although taxes vary depending on the type of business, in general, businesses in Dubai are subject to little or no taxes. This attracts even more foreign investors and makes the real estate offer of increasingly higher quality to maintain competitiveness.
For example, personal income tax (IRPF) is not charged in Dubai, as it exists in many countries. On the other hand, the maximum corporate tax charged to companies located in free zones is 5%.
However, this rate varies between different free zones and in some cases maybe 0%. And if you have a company under the Offshore Company modality or a Mainland company, you will not have to pay tax for this concept.
In any case, it is important to note that these are just some general examples and specific taxes may vary depending on the type of business and the regulations in force in Dubai.
Properties for Residence or Work
- Apartments. They are a popular option for business owners. These can vary in size, location, and amenities. Some apartments offer panoramic sea or city views, access to luxury facilities such as swimming pools and gyms, and 24-hour security.
- Villas. Villas in Dubai are larger residential properties that offer privacy and additional space. These may have private gardens, swimming pools, parking, and access to community facilities such as parks and playgrounds.
- Offices. We also offer business offices in Dubai for entrepreneurs looking to establish their businesses in the city. These offices may vary in size and location and may be available for purchase or lease.
- Commercial premises. For entrepreneurs looking to establish a retail or service business in Dubai, we offer commercial premises in different locations and sizes.
Warehouses in Dubai
At our agency, we offer a wide variety of warehouses to use as warehouses. These warehouses can vary depending on the type of goods you wish to store. Below, we present some examples of warehouses that we have available in Dubai and their main characteristics.
General Warehouses
They are suitable for the protection of general goods that do not require special security measures or special conditions. For example, packaged goods, appliances, furniture, clothing, and other items.
Refrigerated Warehouses
They are warehouses that are designed for the storage of goods that require controlled temperatures. This is the case of perishable foods, pharmaceutical products, and other temperature-sensitive products.
Warehouses for Chemical Products
These tanks are equipped with security systems and comply with specific regulations for the safe storage of chemicals.
Warehouses for Dangerous Goods
In this category are warehouses designed for the safe storage of dangerous goods, and comply with specific regulations for their handling and storage.
Warehouses for Flammable Products
These warehouses are specially designed for the safe storage of flammable products and comply with fire safety regulations.
Steps to Create a Company in Dubai
The steps to set up a company in Dubai may vary depending on the type of business and specific regulations. We recommend that you consult our legal advisors or business experts in Dubai, for more detailed information on the specific requirements and the exact process. In any case, we provide you with a general guide below.
1. Design your business plan
Before you get started, it’s important to have a solid plan that defines your trading goals and strategies.
2. Choose the legal form of your company
Consider that in Dubai you must have a local partner who controls the majority of the stake in the business.
3. Pay the share capital
You must deposit the required share capital in a local bank account meeting the relevant requirements.
4. Register your company
Submit the necessary documents and register your company with the competent authorities.
5. Obtain the necessary permits and licenses
Depending on the type of business, you may need to obtain additional permits and licenses.
6. Open a bank account for the company
Open a business bank account to manage your company’s financial transactions.
7. Hire employees
If necessary, hire employees and comply with local labor regulations.
FAQs about Businesses in Dubai
Before requesting an appointment to consult with our real estate expert advisors, we recommend formulating your questions well to optimize the meeting time. In this sense, check the following questions to see if there are answers to any additional questions you may have.
Which area of Dubai is it best to establish an IT services company?
The choice of area will depend on your business objectives, the type of IT services you offer, and your personal preferences. Some options that our experts suggest for this type of company are the free zones Dubai Internet City, Dubai Silicon Oasis Dubai Knowledge Park, or the Continent.
If I am a freelancer, what option would be recommended to work within the free zones of Dubai?
There are several alternatives. One that our real estate specialists suggest is to consider establishing yourself as a sole proprietorship. This would allow you to work as a freelancer within the free zones while enjoying the tax and customs benefits they offer.
What public transport services does Dubai offer?
Dubai’s public transport has been carefully planned and offers different options. Its public transportation system includes the metro, buses, trams, and taxis.
The metro has two lines, the red line and the green line, which cover much of the city. Buses cover the entire city and are an economical way to travel. The tram is a convenient option for getting around the Dubai Marina area. Taxis are convenient if you are traveling in a group or need door-to-door service.
Can a license from another free zone in the UAE be transferred to the DKP free zone?
Yes, it is possible to make this type of transfer, but the procedure and requirements may vary depending on each case. Just contact our real estate agency and we will tell you the steps to follow so that you can carry out the license transfer without any problem.
Is there any religious discrimination in Dubai?
Within the geography of the United Arab Emirates, Islam is established as the official religion. However, specifically in Dubai, there is no discrimination towards people with different religious beliefs. You can even see different Christian temples and Jewish synagogues in the city.