How to start a business in Dubai, UAE

How to start a business in Dubai, UAE - Makebiz

The United Arab Emirates is one of the top five countries in the Middle East in terms of GDP, which indicates a developed economy and favorable opportunities for the development of commercial areas. Starting a business in Dubai is a fully established process that can be easily accomplished in a short period of time with industry experts. 

If we talk more about the advantages of opening a business in the UAE — it is full repatriation of profits, tax incentives, availability of different sectors for startups, provision of high-class infrastructure, many options for obtaining a visa. The strategic location of the Emirates allows the region to act as a link between global suppliers and industries. 

In Dubai there is a clearly defined procedure for opening a business and a list of related documents. First of all, it is necessary to determine the type of activity and legal form of organization. Having determined the long-term goals of the business, it is worth choosing the most suitable location — Free Zone or Mainland. Next, it is important to reserve a trade name. There are some important requirements to consider here for the Municipality to approve the name. For some types of businesses, external approvals from agencies are required. After obtaining the license, you can start the process of executing visas for the founders, and then — to open accounts: corporate and personal.

Each stage requires knowledge of UAE law, so it is essential to seek specialist assistance. Makebiz lawyers on the necessary documentation, prior approvals and any other requirements in the process of starting a business in Dubai. 

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