FAQ

FAQ

You can learn more from our asked questions

Gain comprehensive insights into our services and processes by exploring our FAQs. From addressing common queries about our expertise, service offerings, and the value we bring to clients.

What types of companies can I start in the UAE?

UAE offers company formation in free zones, mainland, or offshore. Mainland businesses require a local sponsor and a license from DED. Free zone companies operate within specific zones under respective authorities. Offshore companies allow trading outside UAE while protecting assets. Over a thousand activities are permitted by the Economic Department.

Why should I start my company in the UAE?

UAE, strategically located, is a global market hub with tax-free benefits. Exceptional logistics, no capital restrictions, and financial freedom attract businesses. Prime Global Consultants ensures qualitative services for seamless company formation amidst mind-blowing business opportunities in the UAE.

How long does it take to set up a free zone company?

Prime Global Consultants ensures fast and reliable business setup in UAE free zones, typically taking 3 to 10 days. The timeframe may vary based on the selected free zone. Timely attestation of legal documents by authorities is guaranteed, avoiding delays in legal procedures.

What company structure should I choose?

Choose based on your business needs – Sole Establishment, Limited Liability Partnership, Limited Liability Company, Private Limited Company, or Professional Services Company. Options include mainland, free zone (limited to LLC), or offshore. Prime Global Consultants guides you in selecting the most suitable structure.

What are the advantages of choosing a Freezone company in the UAE?

Opting for a Freezone company in the UAE offers several benefits, including 100% foreign ownership, full repatriation of profits and capital, and exemption from import and export duties. Additionally, Freezone businesses enjoy streamlined processes, minimal bureaucratic red tape, and a conducive environment for growth and innovation. Prime Global Consultants specializes in efficient Freezone business setup, ensuring clients capitalize on these advantages for sustained success in the UAE market.

Do I need to rent an office for my business?

A physical presence is mandatory for mainland and free zone companies. Offshore companies cannot lease office space. Prime Global Consultants facilitates affordable office spaces, including co-working spaces with fully furnished options on the mainland. Some free zones allow flexible desk options to keep initial costs down.

How does Prime Global Consultants assist in business setup?

Prime Global Consultants, with over a decade of experience, collaborates closely with government departments and free zones. From understanding client requirements to proposing the right business activity and jurisdiction, our 360-degree services approach saves cost, time, and hassle. Services extend beyond setup to cover initial business requirements for a smooth first year.

What are the benefits of setting up a business in a UAE free zone?

UAE free zones offer tax exemptions, 100% foreign ownership, and simplified import-export procedures. Prime Global Consultants ensures a hassle-free setup process in free zones, providing ready-to-move-in corporate spaces for startups and corporates alike.

Can Prime Global Consultants assist with ongoing business requirements?

Yes, Prime Global Consultants goes beyond business setup, offering ongoing support for at least one year. From RERA regulations to facilitating office spaces, our services aim to nurture and guide businesses towards success in the dynamic UAE market.

How does Prime Global Consultants assist in navigating regulatory requirements for business setup in the UAE?

Prime Global Consultants has a dedicated team that collaborates closely with government departments and free zones. We ensure that your business complies with all necessary regulations and legal procedures. From documentation to approvals, our experts guide you through the complexities, making the setup process smooth and efficient.

Do you still have any problems that need solutions?

Our dedicated team of experts is adept at analyzing complex situations, offering innovative solutions, and ensuring that your business navigates any obstacle with resilience and success.