Learn how to get a business started in the United Arab Emirates and about unique start up features, so you can quickly enter the richest market in the world.
Starting a business in the UAE is simple with SORP’s step by step approach. We initiate trade for you inside the UAE by taking an experienced approach to getting you started immediately. With our years of experience, we guide you through legislation, how to obtain licenses and permits, unpack management ideas and help you find the best business model to support your goals. Our full range of services provide everything you need to get started today.
SORP solutions: We set up businesses in the UAE based on our years of experience here
Business plan assessment
SORP conducts a quality business assessment of your strategic plan in the UAE to improve performance taking local specifics and bespoke business knowledge into account.
Incorporation and licensing
SORP provides a fast, professional services for incorporation and licensing. We co-operate with local authorities to build expertise and supportive functionality.
Opening bank accounts
SORP cooperates with the leading banks of the UAE and understands their compliance procedures inside and out. We guarantee a fast and efficient completion process.
Business accomodation
SORP business center provides excellent solutions for the rent of equipped office spaces. We offer staff accommodation as well as licensing procedures.
Local sponsor or agent
SORP provides a reliable nominee service for those who would like to conduct business through a local company (local partner or agent) with a waiver of rights in the court.
Business process outsourcing
SORP manages immigration, tax, accounting and legalities to save your time and money, and for focusing on managing all your day-to-day needs.
What you should consider when starting a business in the UAE
Business license features UAE
All activities in the country are subject to licensing within local territories or can be incorporated within of one of the Free Trade Zones.
Free Trade Zone Company formation
Сompanies can conduct business only in the Zone of incorporation or outside the UAE. Each FTZ has its own list of activities available for licensing.
Mainland company incorporation
Incorporation provides the right to run business both in the UAE and in foreign markets. Local business activities are licensed by the DEDs of each emirate.
Banking system
The state offers investment protection, free capital entry and withdrawal. Banks operate without foreign exchange curbs but adhere to KYC regulatory standards.
Tax system
There’s zero tax on personal income and no corporate taxes. 5% VAT applies to some omestic categories. Federal Tax Authority registration is required.
Immigration procedures
Business owners are welcome to apply for a local resident visa. It is possible to attract foreign labor when obtaining work quotas in the Ministry of Labour
Import procedures
A comprehensive and essential process is required when obtaining a permit for imports. This includes certificates for products, and approvals from officials.
Export and re-export
Tax-free opportunities exist for foreign business and the export of goods and services are zero-rated. The recovery of previous VAT paid is possible.
Compliance with EU and OECD
When conducting foreign activities from the UAE, a confirmation of Economic Substance (ESR) is required. Proof of a UAE Decision Making Center.