Industrial Company
An Industrial Company may be huge conglomerates or small scale manufacturing units that make use of raw materials and convert them to finished products. These finished goods can be sold directly to consumers or other manufacturing businesses that use them for making a different product. Usually, manufacturing businesses comprise machines, robots, computers and humans that all work in a specific manner to create a product. Over the years, the UAE has emerged as the top choice for starting and operating an industrial company. The reasons are varying, including the easy industrial company registration process, high profitability and business-friendly environment, along with tax and cost benefits.
Industrial company setup in UAE requires a physical facility, such as warehouse, land, etc. in any of the Emirates. Dubai Company registration must be done only with the involvement of the Dubai Chamber of Commerce and Industry. The Industrial License is issued by the Dubai Department of Economic Development (DED) solely to a company that is going to engage in manufacturing or any industrial activities. The virtual office is not entertained by the DED. So it is necessary to do a detailed preliminary analysis before applying for industrial and Manufacturing License. There must be a local sponsor holding 51% of shares to set up an Industrial License and the foreign investors will own the remaining 49%.
Providing a broad range of consulting and technology services to help business ventures achieve manufacturing excellence can be a worthwhile opening. Danburite with its professional consulting service gives you a good deal in overhead costs and avoid typical startup mistakes and losses. With us taking care of the entire industrial company formation Dubai process, you can hit the ground running and begin making money with a proven business model and name recognition. We help global manufacturing companies stay ahead of the market and improve profitability in the long run.
We are here to offer end-to-end industrial company formation Dubai services through some of the best professionals in the business. Our experienced and dedicated professionals will walk you through the entire process. We assist you in obtaining manufacturing license and approval of the Municipality in compliance with the government norms. There can be issues regarding the import of raw materials but we ensure a smooth and clean process without exposing you to delays and additional overheads. The land required for setting up the industrial unit and the warehouse for storage and other purposes will also be done.
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Danburite can support you to
Take approval from Dubai Municipality (DM)
Take approval from the Finance and Industry Ministry (in case of Manufacturing companies)
Take the approval of the UAE Central Bank (for banks and other financial institutions)
Take the approval of the Economy and Commerce Ministry (Insurance and other relevant firms)
Take approval of the Health Ministry (Medical and pharmaceutical products)
Take additional endorsements and approvals from other government agencies (may be required for Gas or oil production)
Apart from that Danburite qualifies in the following areas
- Land lease agreement Preparation
- Preparing all necessary documents for the shareholders
- Drafting shareholders agreement
- The conversion of business plans to the standards accepted by the respective authorities in the UAE
- Preparing documents for obtaining construction/modification permits of industrial lines by different government authorities, including the ones for environment protection
- Preparing Documents for the preliminary construction permits of manufactures and enterprises in Dubai and other Emirates
- Licenses for industrial companies (for manufacturing - industrial license) and trading (for purchasing raw materials and sale of finished products - trading license)
- Account opening in banks in the UAE
- Visas in the Emirates for owners/management of a company
- Permit for connections to utilities for factories, e.g. electricity, water and other utilities
- Final permit to start up and running
Documents Required For Company Setup In Meydan
Meydan free zone business setup is subject to certain documents that may vary as per the license type. Here's a brief description of what all is required.
| Student ID | LLC (Individual shareholder) | LLC (Corporate Shareholder) | Branch | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Certificate of Incorporation | Not Required | Required | Required | |||||||||||||
| Memorandum & Articles of association | Not Required | Required | Required | |||||||||||||
| Board resolution to establish a new company | Not Required | Required | Not Required | |||||||||||||
| Board resolution to establish a new branch | Not Required | Not Required | Required | |||||||||||||
| Certificate of good standing, valid trade license | Not Required | Required | Required | |||||||||||||
| Board resolution giving signatory authorization or Power of attorney for the third party | Required | Required | Required | |||||||||||||
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Company Setup Cost In Meydan Free Zone
Meydan free zone company setup cost is low compared to most other free zone jurisdictions. Though additional expenses may apply, here's a brief description of the total costs involved.
| Application Fee | AED 520 |
| Registration Fee | AED 10,020 |
| License fee (per activity) | AED 10,020 |
| Additional activity if Required | AED 5,020 |
| Establishment Card | AED 1,800 |
| Refundable Deposit ** | AED 10,000 |
Office Facility
One key benefit of Meydan free zone company setup in UAE is easy availability of virtual office facility. At just AED 6000, it's cost effective as well.
| Virtual Office - 2 Visa eligibility | AED 6000 |
Visa Cost In Meydan Free Zone
If you require visas during or after the Meydan free zone business setup in Dubai, they are easily available. However, the fee may vary according to the visa type.
| Employment visa - Outside Country | AED |
| Employment visa - Inside Country | AED |
| Emirates ID | AED 372 |
| Medical Test | Normal | VIP |
| Establishment Card | AED 300 | AED 870 |
Our Services For Company Setup in Dubai
Danburite Corp specializes in all aspects of company formation, management and liquidation.
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