Dubai as the business hub of the UAE is among the most developed and profitable places in the world. Establishing a business in Dubai offers limitless opportunities to entrepreneurs from all over the globe. Dubai is ideal for business due to its prime location, world-class technology infrastructure, supportive government, and a vibrant work environment. Perks of starting a business here are less taxation, ease of access, seamless visa process, and less paperwork.

Dubai is known for its variety of locations where businesses and start-ups can be established. First you choose your business plan, then industry you want to work in, then complete the legal requirements. Setting up a business requires these formalities.

• Determining the type of juridical entity
• Choosing the business name
• Applying for business registration
• Selecting an office space
• Receiving approval from authoritative bodies
• Getting your business license

There are two ways in which Investors can establish their business. One option is online in which investor setup their own online businesses and can complete a company formation application in 5 to 10 mins at most and register a ready-to-trade company on the same day. However, establishing a conventional business in UAE by the conventional means requires series of procedures and approvals from the Department of Economic Development and the other related authorities for official registration of the business. For the fulfilment of these steps the average timeline to setup a company takes around 10 working days.

The Government of UAE is providing two options depending on the nature and technical requirements of a business. To register a company, first you should be familiar with policies and the initial registration requirements along with detailed information of a mainland or free zone where you are interested to register a business. Submit this necessary documentation to complete this process.

• To get eligible for business registration, all business members and firm team should have their national identity cards
• Submission of application form for the business plan
• Application is required for registration of brand trademark in Dubai
• Register the company logo for their unique identity so that no other brand can replicate in the market
• Seek approval from the DED by providing the No Objection Certificate, leads approval to proceed with company development, and license acquisition
• License issuance application to get business trade licenses in Dubai, UAE

The cost of business setup in UAE depends on the type of business you select and what commercial activities your company will engage in. Other factors include, business operations, license type, legal advisory, location and more.

Forming a company in a middle east where you are unknown of the rules and regulation and the policies to carry out operation, a consultant is much needed. Starting from selection of business to company name, then suggestion of land to legal procedures of business registration, office renting till issuance of trading licence, they perform all task in a safe and legal way. Seeking professional help not only saves your setup time but also cost-effective in finding the best team for your business and reasonable offices under your budget.

Business consultants, also known as company setup experts, help you transform your risks into profits by taking these measures.

• Identifying the strategies and key strengths of a business to expend and flourish in best possible way
• Researching market dynamics, mitigating risks, and doing competitive analysis
• Allocating best human resource team, suitable workspace
• Analyzing data and business effecting variables to reduce cost and save time
• Using past experience and knowledge in the industry to help a business grow in Dubai’s competitive environment

The legal affairs have been prepared by the UAE authorities considering their ease and carried out the procedures and legal formalities in best possible ways for the investors but still there is confusion when it comes to registration of a business. Hence, you need legal assistance. It includes prepare their application documents, legal agreements with the stakeholders, yearly signed office rental agreements, government associated legal paperwork. Seeking permissions and other crucial papers till the trade licence is delivered, a legal specialist provides insight into the legalities because every legal form has benefits and drawbacks.