Tips To Start A Business In Dubai

There are several things which are needed to be taken care of before starting a business in Dubai. It hardly takes a nearly more than a week if all the documentation and legal procedures are sorted out.

Important Elements Needed In The Business Setup In Dubai 

1.  Nature of the business: The nature of the business shall determine the kind of the license to be required by you for starting the business. The license will be determined on the basis of the operations be it a commercial, professional or an industrial license. It is, however, important to remember that certain activities like food trading, jewellery trade, veterinary services and the legal consultancy requires an approval from the governmental departments.

2.  Ownership: Being a foreign national, you would be looking forward to a hundred percent ownership of the company. For having the same, you have to opt for the license and the location in one of the many free zone areas. There is a specific kind of activities that each free zone area provides with a full clarity which would help to find the best option.

3.  Legal Form:  Depending on the location and the type of the business, there are certain rules regarding the formation of the firm. Suppose, if you are planning for a legal consultancy firm, then the following can be done as a branch of the company or as a standalone company. A sole proprietor is not allowed to take up this particular activity. There are different restrictions for the business setup in Dubai Freezone areas as each of the areas has their different sets of restrictions and regulations.

4.  Trade Name: The trade name is a very important part of the legal procedure. The company name is generally indicated through the nature of the business until and unless it is the branch of another company.

5.  Share Capital: A minimum share capital is usually set out in the Memorandum of Associations of the proposed company. Majority of the cases, you do not need to pay the minimum capital when you are starting a business in Dubai.

6. Premises: Once you are having your legal procedures and forms which are ready to go, it would be best to shortlist some offices with the costs and the other related details. This means that a clear path once you get all the legal formalities out of the way. For a business setup in Dubai Freezone, you will get the full assistance to find the premises which is suitable for the requirement along with the full help and support to set up the electricity, internet, water and other amenities.

The company provides a genuine customer focused experience for its clients. To know more, mail at info@businessetupdubai.ae or directly call at +97144301245.