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Company Overview
We Thrive To Be The Best Wingman You Can Ever Have
Fimkin Business Group is a distinguished provider of comprehensive corporate services, dedicated to serving the dynamic needs of businesses and individuals in the UAE market. With our headquarters strategically located in Abu Dhabi and a robust network of seven additional branches throughout the country, we have successfully cultivated an influential presence in the industry for over a decade. Our commitment to excellence and expertise has positioned us as a trusted partner for corporate entities seeking professional solutions tailored to their requirements.
12
years of experiences
Best Awarded Company
We adapt our delivery to the way your work, whether as an external provider.
Mission
Our mission is to assist our clients in whatever they do in their business, from business setup to have a smooth workflow.
Vision
Our team envisions having Fimkin offer the best business setup services in abu dhabi alongside other related services
Value
Our ethos is to aid in value creation in businesses. For this, we constantly put our effort to bring the best out of everything.
process of setting up business in Dubai mainland
01
determine your business activity
Define the type of business activity you want to engage in. Certain activities may require special permits or licenses.
02
choose a business structure
Select the appropriate legal structure for your company. Common options include Limited Liability Company (LLC), Free Zone Company, Branch of a Foreign Company, and others. The choice depends on factors such as ownership, activities, and location.
03
licensing and approvals
Obtain the necessary permits and licenses from the appropriate government authorities. The requirements vary depending on your business activities and location.
04
legal documents
Prepare the required legal documents, including the Memorandum of Association (MOA) and articles of association. These documents outline the company’s objectives, shareholding structure, and operating conditions
05
local sponsorship
If you’re setting up in the mainland, you may need a local UAE national sponsor or partner who holds at least 51% ownership in the company. The local sponsor may not be actively involved in the business.
06
office space
Secure suitable office space that meets the requirements of the authorities. The office should be appropriate for your business activities.
07
Trade License Application
Apply for a trade license from ADDED, specifying the activities your business will engage in.
08
visa and labor approvals
Obtain work permits and residency visas for yourself and your employees through the Ministry of Human Resources and Emiratization (MOHRE) or the free zone authority
09
bank account
Open a corporate bank account in a local bank to manage your finances effectively.
10
compliance and regulations
Ensure strict compliance with Dubai’s business laws and regulations, including accounting and auditing standards, labor laws, and taxation regulations.
11
market entry strategy
Develop a comprehensive business plan and marketing strategy tailored to the Dubai market.
12
post-setup compliance
Once your business is operational, continue to meet regulatory and compliance requirements, including renewing licenses and permits as needed.
benefits of setting up business in Dubai mainland
Setting up a business in Dubai offers numerous advantages, making it an attractive destination for entrepreneurs and investors. These advantages, along with Dubai’s commitment to economic diversification and innovation, position it as a prime destination for entrepreneurs and businesses seeking growth and success in the UAE and beyond. However, it’s essential to conduct thorough market research and seek expert guidance when considering business setup in Dubai to ensure a smooth and successful venture.
strategic location
Dubai’s geographic location provides easy access to major global markets, making it an ideal base for international trade.
diverse economy
Dubai’s economy is diversified, with thriving sectors such as trade, tourism, real estate, finance, logistics, technology, and healthcare, reducing reliance on any single industry.
political stability
The UAE, including Dubai, is known for its political stability and security, providing a safe environment for business operations.
business-friendly environment
Dubai’s government has implemented business-friendly policies, including tax incentives, to encourage foreign investment and stimulate economic growth.
tax benefits
In most cases, there is no corporate tax, personal income tax, or capital gains tax in Dubai, providing significant cost savings for businesses and investors
world-class infrastructure
Dubai boasts modern infrastructure, including state-of-the-art airports, ports, roads, and telecommunications networks, facilitating efficient business operations.
skilled workforce
Dubai attracts talent from around the world, resulting in a diverse and highly skilled workforce that can meet the needs of various industries.
market access
With a population exceeding 3 million people and as a regional business hub, Dubai offers access to a significant consumer base and serves as a gateway to the broader Middle East market.
quality of life
Dubai provides a high quality of life, offering excellent healthcare, education, recreational facilities, and cultural attractions, making it an attractive destination for expatriates and their families.
supportive government initiatives
Dubai’s government continually introduces initiatives and reforms to support businesses, entrepreneurship, and innovation.
financial hub
Dubai is home to a growing financial sector, including banking, asset management, and fintech, making it an ideal location for financial businesses
technology and innovation
Dubai has invested in becoming a technology and innovation hub, offering opportunities for tech startups and innovative businesses
infrastructure projects
The city consistently invests in major infrastructure projects which brings economic opportunities and development.
cultural diversity
Dubai’s multicultural environment fosters a dynamic and open business culture that welcomes talent from diverse backgrounds.
Request For A Service
Working with experienced business consultants or legal advisors can help streamline the company formation process in Dubai and ensure compliance with all necessary requirements. Keep in mind that Dubai’s business environment is dynamic, and staying updated on changes in regulations and market trends is crucial for long-term success.