How to Set Up a Business in Dubai: The Ultimate Guide

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Starting a business in Dubai from scratch requires you to go through a series of steps with the right supporting documents. Obtaining a relevant trade licence is one of the mandatory requirements for business setup in Dubai.

Starting a business in Dubai from scratch requires you to go through a series of steps with the right supporting documents. Obtaining a relevant trade licence is one of the mandatory requirements for business setup in Dubai. Here’s your step-by-step guide to obtain a trade licence and establish a company in Dubai, one of the world’s massive hubs for small, medium and large companies.

  • Choose a perfect territory for your business setup in Dubai - whether Dubai Mainland or one of about 30 free zones in Dubai
  • Determine the licence category by refining your business idea - whether commercial Licence, Professional Licence or Industrial Licence
  • Think of an appropriate business name in line with the nature of your business, legal structure, jurisdictions and most importantly UAE trade name guidelines. (Propose at least 3 names that are available)
  • Obtain the initial approval from the pertinent authority. The certificate will help you proceed with the licencing process
  • Have your trade name registered and receive the trade name approval certificate which will required
  • Finalise a suitable office premises and get the tenancy contract from the property owner. The lease documents must be attested by RERA via Ejari system
  • Decide the legal form of your company. This will enable you to deal with profits/loss and organise your assets and resources
  • Get special approvals and permits from external bodies in the respective Emirate only if the intended business activity demands. For instance, to start a pest control company in Dubai, you need approval from Dubai Municipality
  • Prepare all the required documents, including MoA (duly attested and notarised)
  • Fill up the trade licence application, attach the supporting documents and submit it to Dubai DED for mainland business formation or the respective licencing authority in charge of the selected free zone in Dubai for free zone company setup
  • Make the payments and collect the licence once approved
  • Hire a quality staff depending on your business requirements and type of business
  • File visa applications for yourself and your staff. You may also sponsor your family members and domestic help
  • Open a corporate account in any of the banks in Dubai that fits in your requirements
  • Buy a worthy business insurance and finish other to-dos to become a fully-fledged entity

If choosing a business activity, jurisdiction, legal structure, office premise, insurance or anything else seems tricky to you, it is highly advisable to get in touch with one of the best business setup advisors in Dubai, UAE. By working with an expert, you may save your valuable time, money and energy which you may utilise in things that can’t be outsourced.

Related Services: business setup in DubaDubai Trade LicenseLLC Company Formation in Dubai

Source: https://potswap.club/blogs/8076/How-to-Set-Up-a-Business-in-Dubai-The-Ultimate

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