The Complete Guide to Choosing PRO Services in Dubai

If you’re looking to set up a business in Dubai, you’ll need to find the right PRO services to help with licensing, visas, and other admin tasks associated with various government departments. There are a lot of different options out there, so it can be tough to know where to start.

In this article, we’ll give you some tips on how to choose the right company offering PRO services in Dubai for your needs. Here’s a clue, it’s us!

We’ll also share some of our best pieces of advice. So keep reading to learn more.

The Basics of PRO Services in Dubai

When setting up a company in Dubai you will more than likely need to enlist a PRO service company.

But what are PRO Services?

PRO services are services that are provided by Public Relations Officers, these services include help with processing important documents and completing admin tasks associated with various government agencies.

Some of the most common corporate PRO Services include:

• Labor and Immigration card processing
• Visa Approvals (Residence visa/Employment Visa/Employee visa etc.)
• Emirates ID Card processing
• Licence processing
• Trade License application

The available PRO services in Dubai are not all the same. When you’re looking for a company to help you with your business setup, it’s important to do your research.

Some things to consider include:

• Their experience in the field
• The quality of their work (are they reliable and do they produce good results?)
• How they work (do they offer a customised service or do they follow a set procedure?)
• Their references and reviews

Once you’ve narrowed down your options, it’s time to get in touch and ask for more information. Most companies offering PRO services will be happy to answer any questions you have.

The Different Types of Business Setup in Dubai

There are several different types of business structures that you can choose from when setting up a company in Dubai. Let’s take a look at the most common.

Sole Proprietorship

This is one of the simplest types of business structures, and it’s owned by one person. The owner is responsible for all debts and liabilities incurred by the business.

Benefits of a Sole Proprietorship

• Low startup costs
• Easy to set up
• Taxed at the owner’s tax rate (maybe nothing)
• The owner has complete control over business decisions

Drawbacks of a Sole Proprietorship

• Limited financial resources
• The owner is personally responsible for all debts and liabilities
• No separation between owner and business
• Limited ability to raise capital

Partnership

This is a business structure that is owned by two or more people. Partners are equally responsible for debts and liabilities incurred by the business.

Benefits of a Partnership

• Equal ownership and control of the business
• Easy to set up
• Taxed at the partners’ tax rate

Drawbacks of a Partnership

• All partners are personally responsible for the debts and liabilities of the business
• No separation between owner and business
• Limited ability to raise capital
• Limited life span – the partnership will dissolve when any one of the partners dies or leaves the business

Limited Liability Company (LLC)

An LLC offers limited liability protection to its owners. This means that they are only liable for the amount of money that they have invested in the company.

Benefits of an LLC

• Limited liability protection for owners
• Easy to set up
• Can have foreign shareholders

Drawbacks of an LLC

• Owners are not personally liable for the debts and liabilities of the company
• Can be more expensive to set up than other business structures
• It may have restrictions on who can own it

Company Limited by Guarantee

This type of company doesn’t have any shareholders but instead has members who are responsible for the company’s debts and liabilities if it goes bankrupt. It’s a common type of business in Dubai but less common in other countries.

Benefits of a Company Limited by Guarantee

• Members are not personally liable for the debts and liabilities of the company
• Can be more affordable to set up than in other business structures

Drawbacks of a Company Limited by Guarantee

• Members may have to contribute money if the company goes bankrupt
• May be difficult to raise capital
• Limited life span – the company will dissolve when all members die or leave the business

Joint Stock Company

A joint-stock company is a company that has shareholders and is responsible for the debts and liabilities of those shareholders.

Benefits of a Joint Stock Company

• Shareholders are not personally liable for the debts and liabilities of the company
• Can be more expensive creating a business in Dubai this way than other business structures
• May have restrictions on who can own it

Drawbacks of a Joint Stock Company

• Shareholders are liable for the debts and liabilities of the company
• The company can be divided into different classes of shareholders which may have different rights
• Can be difficult to raise capital
• Limited life span. The company will dissolve when all shareholders die or leave the business

How to Choose the Right PRO Services in Dubai

When it comes to setting up a business in Dubai, choosing the right PRO services company can make all the difference.

A good company like us will help you every step of the way. From deciding on a business structure to getting your license and opening bank accounts we’ll be there to guide you.

They should also have years of experience in the field and be able to offer a high-quality service. Although Dubai is popular because it has different tax laws to many other countries, including the US, UK, and Canada, companies offering PRO services in Dubai must still adhere to international standards.

So let’s talk about choosing a PRO services company that can provide you with tax and accounting support. We specialize in these areas and have a team of qualified accountants who are up-to-date with the latest changes in tax law.

Tax Law and Accounting in Dubai

When it comes to PRO services in Dubai, one of the most important is tax law and accounting. This area is critical for businesses operating in Dubai, and it’s important to have an experienced professional who can help you stay compliant with the laws and regulations.

In Dubai, all business types must file their financial statements with the Department of Economic Development (DED) regardless of their size. The Department of Economic Development (DED) is also responsible for issuing licenses and regulating all economic activities in Dubai.

There are several different types of businesses that can be set up in Dubai, and the accounting and tax requirements will vary depending on the type.

In any case, filing your taxes and keeping your books in order is a complex process, and it’s important to have an expert on your side.

If you don’t file your taxes or keep your books in order, you could face serious penalties, including fines and even imprisonment. The deadline for filing your financial statements with the Department of Economic Development (DED) is usually at the end of April each year.

Taxes in Dubai vs the USA

A lot of people are curious about the differences in taxes between Dubai and other countries, like the US.

In the UAE there is no personal income tax, but businesses must pay a corporate tax rate of 24%. This is significantly lower than the corporate tax rates in other countries, such as the US (35%) but slightly higher than the UK (21%).

However, there are other taxes that businesses must pay in Dubai, such as the Zakat tax which is a religious tithe that all Muslims must pay. The Zakat tax is usually around two and a half percent of a company’s annual profits.

Various other taxes may apply, depending on the business type and location.

It’s important to consult with a pro services company that can guide you on making the most of the tax infrastructure in Dubai. For example, the Dubai Free Zone offers many tax exemptions for businesses located there.

For example:

• 100% exemption from corporate tax for the first five years
• 50% exemption from corporate tax for the next five years
• 100% exemption from Zakat tax
• No import duties on capital goods and raw materials

If that sounds intriguing to you, it probably should! There are a host of benefits to setting up a business at a free zone in Dubai.

We have a lot of experience helping clients to set up businesses in Dubai, and we can help you to take advantage of all the tax exemptions available.

Our Experience Setting Up Businesses in Dubai

Here at Rawnaq AL Ebdaa Services, we have a lot of business setup experience.

We’ve helped entrepreneurs from all over the world establish their companies here and have a wide range of expertise in all things related to business setup.

This guide is meant to give you a general overview of the PRO services that we offer. So here are a few of our most popular services.

Business Setup

We’ve already talked about all the different business types which are available in Dubai. We can help you to set up businesses here seamlessly, and we have a wide range of experience with all types of businesses.

We can help you to choose the right business structure for your company and assist with the licensing process. We’ll also help you to open a bank account and get started in Dubai’s thriving business community.

Support Services

Business support services can include anything from bookkeeping and accounting to HR and marketing. We can provide you with a wide range of services to help your business run smoothly and efficiently.

We have a team of experienced professionals who can take care of all your needs, so you can focus on what you do best – running your business.

Citizenship and Residency

We have partnered with Next Generation Equity. They are a specialist in citizenship and residency services, and they can help you to get the most out of your stay in Dubai. Next Generation Equity can assist with applications for residency and citizenship in several countries, including the UAE, Malta, Cyprus, and Portugal.

Living in Dubai

Wondering what it’s like to live in Dubai as a foreigner? Next Generation Equity can help you to find the perfect property and provide all the necessary support for a smooth transition into your new home.

They offer a wide range of services, from finding the right property to furnishing it and getting your utilities set up.

They can also help you to find a school for your children and set up your banking and other essential services. We’re proud to be their partner.

There are currently over 26 different free zones in Dubai, each with its own unique set of benefits.

Here are a few of them. The right one for you will depend on your Dubai business structure and what you offer.

Dubai Silicon Oasis

This free zone is for technology companies and offers 100% exemption from corporate tax for the first five years, 50% exemption for the next five years, and no import duties on capital goods and raw materials.

Downtown Dubai

This free zone is for luxury brands and offers 100% exemption from corporate tax for the first three years, 50% exemption for the next two years, and no import duties on capital goods and raw materials.

Dubai Airport Free Zone

This free zone is for logistics companies and offers 100% exemption from corporate tax for the first five years, 50% exemption for the next five years, and no import duties on capital goods and raw materials.

Dubai Multi Commodities Centre (DMCC)

This free zone is for commodities traders and offers 100% exemption from corporate tax, no import duties on capital goods and raw materials, and a 50% exemption from personal income tax.

Final Thoughts on PRO Services in Dubai

If you’re looking for a company for PRO services in Dubai that ticks all of these boxes, then we’d be happy to help. We have years of experience setting up businesses in Dubai and can offer a tailored service that meets your needs.

We have lots of references and reviews on our Facebook page for you to take a look at.

Get in touch today to learn more about our business setup experience or take a look at our references and reviews page to see what some of our past clients have had to say. We’re sure you won’t be disappointed!