Dubai is one of the most attractive emirates in the UAE because it offers a pro-business environment for foreign investors. Most foreign enterprisers choose to start a business in Dubai because the emirate also offers many tax advantages and its free zones allow for full ownership. There are several types of structures one can use when starting a business in Dubai, however the most popular is the limited liability company for which the Company Act provides for simple registration requirements.
If you want to start a business in Dubai, our company registration agents can provide the necessary assistance.
Steps to start a business in Dubai
The first step when choosing Dubai as an investment destination is to decide where to set up the business: in Dubai or in one its free zones. This is important because onshore companies must have a local shareholder. The second step will be choosing the type of entity one will register with the Dubai Department of Economic Development (DED), which is similar to Trade Registers in European countries. Once these decisions have been made, one will have to appoint Dubai company formation agents to carry out the incorporation followed by the licensing procedure. The most important documents when starting a business in Dubai are the statutory documents.
The following types of licenses are available for those who want to start a business in Dubai:
- commercial or trading licenses;
- industrial licenses;
- professional licenses.
The application for a business license depends on the activity to be carried out.
Assistance in starting a business in Dubai
Foreign enterprisers with questions about how to start a business in Dubai can appeal to the company incorporation services provided by our local consultants. We can help you with:
- the preparation of the Memorandum and Articles of Association for your company in Dubai;
- the filing of the incorporation documents with the DED;
- the application for the necessary business permits.
We can also put in contact with local accountants in order for you to benefit from full company formation services in Dubai.
If you want to start a business in Dubai and have any other questions, do not hesitate to contact our local representatives.