How much does it cost to setup a business in Dubai?
The total cost depends on the structure chosen—free zone versus mainland—the type of trade license required, and the overall scope of services needed. Typical expenses include government filing charges, trade license fees, and office space deposits. For Indian companies, there are additional costs related to RBI approval assistance, FEMA compliance documentation, and UAE entity registration fees. VJM Global offers transparent, customized pricing with detailed cost breakdowns so there are no hidden costs.
What is the average fee for a Business Consultant?
There isn't a fixed average fee, as consulting costs depend on the scope of services required, whether that's company registration, legal advisory, RBI/FEMA compliance, or ongoing regulatory support. VJM Global offers transparent, customized pricing with detailed cost breakdowns tailored to your specific business setup needs, so you know exactly what you're paying for with no hidden costs.
Can an Indian company set up a business in Dubai with 100% ownership?
Yes, Indian nationals and companies can set up a business in Dubai with 100% foreign ownership, particularly through free zone company structures, which allow complete foreign ownership without requiring a UAE national partner. Alternatively, Indian companies can establish a mainland LLC, a branch office as an extension of the Indian parent company, or a representative office for market research purposes. The optimal structure depends on your business activities, target market, and repatriation requirements.
Do Indian companies need RBI approval to set up a business in Dubai?
Yes, Indian companies making overseas direct investments in Dubai must comply with RBI regulations under FEMA. Generally, Indian entities can invest up to 400% of their net worth in overseas ventures under the automatic route without prior RBI approval, but must file necessary declarations and reports. Investments beyond this limit or in restricted sectors require specific RBI permission. The process includes preparation of Form ODI and documentation for the Authorized Dealer bank, along with ongoing reporting obligations.
How long does it take for an Indian company to set up a business in Dubai?
The Dubai business setup timeline typically ranges from 2 to 6 weeks depending on the chosen structure and completeness of documentation. Free zone company formation is generally faster, taking around 2–3 weeks, while mainland LLC registration may take 4–6 weeks due to additional approvals. For Indian companies, the timeline also includes RBI filing requirements in India, which should be factored into planning. Working with experienced consultants who have established relationships with UAE authorities can minimize delays.
Which Dubai free zone is best for Indian companies?
The ideal free zone depends on your industry and business model. DMCC suits trading and commodities businesses; Dubai Internet City and Dubai Silicon Oasis are optimal for technology companies; JAFZA benefits logistics and manufacturing; and DAFZA works well for aviation-related businesses. Indian companies in professional services often prefer DIFC or ADGM for financial services, while general trading companies might choose RAK or SAIF Zone for cost efficiency. Each free zone offers different advantages regarding office costs, visa quotas, and permitted activities.
What documents does an Indian company need to set up in Dubai?
Standard documentation includes certified copies of your Indian company's Certificate of Incorporation, Memorandum and Articles of Association, a board resolution authorizing the Dubai setup, passport copies and photographs of shareholders and directors, address proof, bank reference letters, and a business plan. For RBI compliance, you'll also need audited financial statements, net worth certificates, and Form ODI documentation. Documents must typically be notarized, apostilled by the MEA in India, and sometimes translated into Arabic.
What ongoing support does VJM Global provide after the initial Dubai setup is complete?
VJM Global offers end-to-end support that extends beyond initial registration, including regulatory approvals and continuous compliance monitoring, physical setup assistance such as office space and lease agreements, FEMA advisory for ongoing UAE operations, and partner identification services for joint ventures, local sponsors, distributors, and franchisees. This ensures Indian companies remain compliant with evolving UAE regulations while continuing to grow their Dubai operations.