How to Set Up a Business in Dubai

Starting a business in Dubai involves six procedures to be completed in eight days on average

Starting a business in the UAE should not take you more than a week once you’ve sorted all your legal procedures.

But before you start your legal formalities, you need to consider some elements required in the process:

1. Type of business

Your type of business will determine the kind of license you require. Whether it’s commercial, professional or industrial licenses, these will define the basis of your operations. However, while selecting, remember that certain activities such as food trading, jewellery trade, veterinary activities and legal consultancy require further approvals from other governmental departments.

2. Ownership

As a foreign national, if you’d like 100 per cent ownership of your company, you need to opt for a license and location in one of the many free zones of the UAE. There are specific kinds of activities that each free zone caters to and clarity in the first step will help you find your best option.

3. Legal form

Depending on your location and type of business, there are rules regarding the make-up of your firm. For example, if you plan on a legal consultancy firm, this can be done only as a branch of company or as a stand-alone company. A sole proprietor is not allowed to take up this activity. Each free zone has its own restrictions regarding company structure and you can look these up on the official website of the zone.

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