UAE - Market Entry and Legal Services
Lawyer & Law Firm in UAE
The United Arab Emirates (UAE) is a favourite player in the Middle East region. Various international entrepreneurs and corporates prefers to set up their base in UAE to access the large Middle East market. UAE was ranked 11th in the World Bank’s Ease of Doing Business Report of 2019 and is the only country from Middle Eastern region in the top 45. It offers business friendly policies and promotes all sectors alike including finance, tourism, entertainment, education, healthcare, infrastructure, and manufacturing.
Commercial Relations between India-UAE
The economic and commercial relations between India and the UAE have been growing rapidly, resulting in a deepening and diversification of their bilateral relationship. The UAE is India's third largest trading partner, with a trade value of USD 72.8 billion in 2021-22. The UAE is also a significant export destination for India, with exports reaching USD 28 billion in the same period. In addition, a Comprehensive Economic Partnership Agreement (CEPA) was signed between the two countries in February 2022, and UAE has made substantial foreign direct investments (FDI) in India, totalling approximately USD 15.3 billion between April 2000 and December 2022.
Business Advantage for Indian Companies in UAE
operating a business in the UAE provides several advantages for Indian companies. The UAE ranks 11th in the world for ease of doing business, with a supportive legal structure and a focus on business sustainability. Setting up a business is a quick process, and Indian companies benefit from the strategic location, accessing local markets in the Middle East, Africa, and Europe. There are various business opportunities available, including B2C, B2B, and C2B trading. The UAE government offers incentives, schemes, and long-term residency options like the Golden Visa System for Indian investors. Indian business owners enjoy a high quality of life, along with tax benefits and liberal policies, as they are exempt from import-export duty, income tax, corporate tax, and personal taxes in the UAE.
Incentives and Support Programs by UAE for Indian Companies
UAE offers a variety of incentives and support programs to the Indian companies looking to start business in the country. Specific options available for a company may depend on the type of business and location of the company. These incentives and support programs foster a favourable business environment for Indian companies in the UAE and strengthen economic ties between the two countries.
- Free Trade Zones offer tax exemptions, 100% foreign ownership, and other benefits for foreign investors.
- Investment Promotion and Protection Agreements (IPPAs) with countries like India protect foreign investment and reduce risks.
- Commercial Agencies Law regulates relationships between manufacturers and commercial agents, promoting stability and transparency.
- UAE provides support services including legal, financial, and assistance with company registration and visas.
Starting a Business in UAE
Setting up a business in the UAE is a relatively straightforward process that involves a few steps that are applicable across all seven emirates. The Department of Economic Development in the emirate where the business will be established can be approached in person for registration. Online digital platforms are also available that allow for the application of commercial licenses and company registration, with licenses typically issued within minutes of providing the necessary documents. Business owners can also apply for registration through legal offices or designated companies that offer business establishment services. The process usually involves selecting a location, specifying the business nature, and paying the necessary fees for obtaining the commercial license.
There are two different processes of business set up in UAE. One process is for setting up a business in the UAE Mainland whereas the other process is to set up a business in a UAE Free Zone.
Visa and Immigration
UAE offers different type of Visas to foreign national who want to visit UAE or set up their business in UAE:
- Single-Entry Visa
- Multiple Entry Visa
- Investor Visa
- Golden Visa
The UAE offers a favourable business environment for companies looking to expand in the Middle East. However, it's important to understand legal requirements and cultural nuances. Thorough market research, compliance with regulations, and cultural sensitivity are crucial for success. Utilizing diverse marketing channels is essential for effective audience targeting. With proper planning and preparation, the UAE market presents significant opportunities for business growth.
To read more about the UAE market and various business opportunities – CLICK HERE |
How do We Help?
At India Law Offices (ILO), we strive to deliver exceptional legal services to our clients not just within India, but on a global scale. Over the past two decades, we have diligently expanded our presence by establishing strong partnerships, both formal and informal, with esteemed professionals from leading law firms in key commercial hubs worldwide. These alliances have empowered us to offer efficient and seamless representation of the utmost quality in any jurisdiction. Through our extensive network, we are able to cater to the diverse needs of our clients and ensure that they receive top-notch legal assistance across borders.
With a host of global affiliations with some of the largest law firms and legal networks, India Law Offices makes business possible worldwide for its clients. We provide comprehensive support to companies from UAE seeking to enter the Indian market. Our services encompass various aspects such as establishing subsidiaries or branches, navigating commercial contracts, and addressing any legal requirements. Additionally, we extend our expertise to Indian companies aiming to expand their operations in UAE, offering corporate assistance and legal support tailored to their specific needs. In collaboration with our counterparts from UAE, we are well-equipped to provide guidance on cross-border transactions between India and UAE, including mergers and acquisitions (M&A), joint ventures, and other related activities. We are committed to helping our clients navigate the complexities of business collaborations and achieve their desired outcomes. Our expertise extends to a wide range of areas, ensuring comprehensive assistance in various aspects such as:
- Corporate and M&A – Incorporation of Company, Branch Office, Merger & Acquisitions, Joint venture, Technical Collaboration, Taxation, Financial Reporting
- Commercial Contracts – Drafting & vetting of contracts like franchising, distribution, sales and marketing, licensing etc.
- Business and Civil Litigation – Representation before courts and judiciary bodies, Arbitration, Mediation
- Immigration – Obtaining Visa, Citizenship, Visa extension, Work Permit etc.
- Labour & Employment – Advice on Employment Laws, Tax implication on French nationals working in India, Drafting Employment Contracts & HR Policy
- Real Estate – Buying & Selling of Property, Development of real estate projects.
- Intellectual Property Rights – Trademark, Copyright & Patents registration
- Family Law and Inheritance – Cross border Divorce, Marriage Registration, Child Custody, Adoption, Drafting Will, Setting up Trust or Estate
Our Partner in UAE
We maintain a close working relationship with the reputable law firm- Paoletti Legal Consultants LLP, located in Abu Dhabi, UAE. Its founder, Thomas Paoletti, has an extensive background in law, starting his legal career in 1997 in Rome, his hometown. Initially, he relocated to Dubai with the aim of assisting Italian companies and entrepreneurs interested in entering the Middle Eastern market. Building upon his experience in private practice in Rome, Thomas established the Paoletti Law Group in the United Arab Emirates, providing comprehensive legal guidance and support to companies requiring international legal expertise that spans various jurisdictions and understands diverse markets. The firm offers comprehensive legal advisory services covering corporate, commercial, and business law, labour and employment matters, immigration, and other related areas.
If you are a company from UAE or individual seeking assistance in India or an Indian entrepreneur planning to enter the UAE market, we encourage you to complete the form below and connect with our team of legal experts. We are dedicated to providing the guidance and support you require.