How to Business setup in Dubai

Starting a business in the UAE shouldn't take you more than a week after you've sorted out all your legal procedures.

As a place to do business and a center for the country and beyond, the United Arab Emirates (UAE) continues to draw more entrepreneurs from around the world. Some legal documentation and procedures are required if you plan a business facility in Dubai or anywhere in the UAE. When it comes to business/business registration, the UAE is strict, particularly regarding legal requirements. Fortunately, a simpler process for setting up a business in Dubai is now available. The stress of licensing, registration, even the setup process can save you from a PRO team.

But before starting your legal paperwork, you should consider some elements required in the process:

Business Type

Your kind of business will determine the type of license you need. Whether they are a business, professional or industrial licenses, these will define the basis of your operations. However, when selecting, remember that certain activity such as food trading, jewelry trading, veterinary activities and legal consulting require further approvals from other government departments.

Registration of a name for the company

A unique trade name should be chosen for the company after identifying the activity and legal status to distinguish it from other entities. Please note that the business name's title should reflect the nature of the business and its legal status.

Property

If you want to own 100% of your company, you must choose a license and a place in one of the many free zones in the UAE if you are a foreign citizen. There are unique types of activities for which each free zone caters, and clarification can help you find your best choice in the first phase. There are more than 45 free zones in the UAE with various operations categories, so you are not short of options.

You have to receive a license from the Department of Economic Development if you want a state license or need to operate locally (DED).

Legal system

There are rules about the composition of your organization, depending on your location and form of business. For instance, if you design a legal consulting firm, this can only be accomplished as a branch of the organization or a separate organization. The sole owner is not allowed to carry out this operation. Each free zone has its restrictions concerning the company's structure, and you can check them on the zone's official website.

License

After obtaining all the necessary approvals, the next step is to obtain a business license. The documents required to obtain a business license depending on the economic and legal situation of the company. Please note that, in international documents, a legal translator accredited d by The Ministry of Justice must translate them into Arabic.

Business Set up in Dubai and other parts of the UAE is not easy; you have to go through a long process to meet all legal requirements. Fortunately, there are business services in Dubai and elsewhere in the UAE to make the process much easier. Just like Nour Attorneys that will help you in setting up your business in Dubai.

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