If you are an entrepreneur seeking for business setup, you have landed at the right place. This is a complete guide to business setup in Dubai, and you shall have all your small or big questions answered in this piece of article. Business setup in any foreign country isn’t everyone’s cup of tea. You definitely need endless support, guidance, and help from the beginning to the end. However, relying on someone before having good knowledge about anything isn’t a good idea and so is this guide, your helping hand, and advocate. This article is focused on some necessary information regarding the business setup in Dubai and how one can carry it out individually or with the right professional help.
Dubai, as we all know is a entrepreneurs’ hub. Entrepreneurs from all parts of the world seek opportunities to set up their businesses in Dubai. Not only is Dubai a flourishing trade and business centre of the Middle East region, but is also a perfect place to succeed in the newest business trends. Dubai has been setting up new benchmarks each year for business success rates, GDP, and opportunities and we believe that, if you wish to be a part of it, you sure must be; and here’s how:
When it comes to setting up a business in Dubai, you have got two choices: Free Zones and Mainland. By understanding the difference between the two, you can easily understand what suits best for your business type.
Once you have identified the zone for setting up your business, it becomes necessary for you to acquire the mandatory documents, license, and permissions from the authorities depending on your business type. There are three main types of license:
If your business deals with trade activities such as the sale of goods, buying and selling of goods, real estate, travel, logistics, store of goods, etc. you need to acquire a commercial license.
If you are an artist, service provider, craftsman, or technician, you need to acquire a professional license.
If your business includes activities of manufacturing goods from a particular resource, like textile mills, paper industry, etc. you need to acquire an industrial license. The manufacturing of goods can either be manual or automatic.
Here are a few important decisions and actions that you’ll need to take before you dive into the actual phase of setting up a business in Dubai. Hope this helps you in a long run.
Having got the final approval from the business setup authorities in Dubai, you will be free to run your company in Dubai and chase the endless opportunities that stand before you.
We are quite sure that the outputs of going through this long process are going to be tremendous and fruitful!
We welcome dynamic entrepreneurs like you now and always!