Comprehensive Guide to Business Setup in Dubai and the UAE
Commitbiz is a Dubai-based business setup and consulting firm that provides a range of services to individuals and companies looking to establish a business in the UAE. The company specializes in company formation, business registration, accounting, visa processing, and other related services. With over a decade of experience in the industry, Commitbiz has helped hundreds of clients from around the world set up their businesses in Dubai and other Emirates.
Advantages of Starting a Business in the UAE Mainland
The UAE has been a destination for starting or growing businesses for decades. Most investors find its economic stability, steady growth, larger markets, investor-friendly processes, and tax-free regime too attractive. Here are 9 advantages of setting up your business in mainland Dubai:
- No currency restrictions.
- Flexibility to drive the company from any part of UAE.
- A wide range of license types and business activities permitted.
- Lucrative Mainland Dubai market open to doing business within Dubai and globally.
- No corporate tax.
- No personal income tax.
- Ability to repatriate 100 percent of capital and profits.
- Easy availability of work visas.
- A stable local authority, simple processes, easy hassle-free legal procedures for licensing and registration.
Regarding the tax policy in the UAE, there is no income tax on individuals. The corporate tax is imposed on the oil companies and foreign banks.
About Commitbiz: Expertise and Leadership
Commitbiz was founded in 2009 by a team of business consultants and experts who have extensive experience in the industry. The company is led by its Managing Director, Mr. Mohammad Ali, who has over 20 years of experience in the field of business consulting and has been instrumental in the success of many companies in the UAE. Commitbiz is known for its professionalism, commitment to excellence, and personalized approach to each client's needs.
The core team consists of specialists across various domains:
| Name | Role | Experience & Expertise |
|---|---|---|
| Jiby Joseph | Advisor - Finance | Chartered Accountant driving accounting solutions in the UAE for over a decade. |
| Virgil Reducanou | Advisor - International Business | Over 25 years of experience in the computer hardware business. |
| Bunson Chandy | Advisor - Training | Over 20 years of experience in HR and life skills. |
| Arungopal Menon | Advisor - Hospitality Investments | Specialist operating in hotel management & marketing across Europe, Asia and the Middle East. |
| Vaheeda Paramb | Advisor - Legal | Legal consulting expert with a Masters in Law and over 15 years in the industry. |
Company History and Milestones
Commitbiz was established by professionals with a vision to provide world-class management advisory services to enterprises in the private, non-government, and academic sectors. Key milestones in the company's growth include:
- 2009: Overcame the Great Recession, clocking a growth of 30%.
- 2013: Rebranded as Commitbiz Management Consultants.
- 2014: Opened the first branch outside the UAE, in Bahrain.
Contact and Accessibility
The company is located in the heart of Dubai's business district, making it easily accessible to clients and investors. The physical address is as follows:
Company Details: 10th Floor, Dubai World Trade Center, Sheikh Zayed Road, Dubai, UAE.
Commitbiz LLC provides several service options including Online appointments and On-site services. The office features Wheelchair-accessible entrance and Wheelchair-accessible car park facilities.
