Dubai is a major business centre that draws investors from all over the world. What are the methods and procedures for launching a business in Dubai, for example In order to secure a company license in the UAE, investors must go through a series of steps. Before starting a business in Dubai, investors need be aware of these factors.
where to start the business?
For entrepreneurs with a business idea, there are a variety of choices for forming a company in the UAE. Setting up a business in the UAE is dependent on some variables, the most important of which is the Business Jurisdiction in which the firm is founded.
In the United Arab Emirates, corporations are founded in the Mainland, Free Zones, and Offshore jurisdictions. For investors, establishing a firm in one of these jurisdictions has particular advantages.
Types of License
There are mainly six types of business license categories
Commercial (General Trading, Contracting, Real Estate, Transportation, etc.)
Agricultural Sector (Farms, Fisheries, etc.)
Occupational/Craftsmanship (Carpentry, Blacksmithing, Printing, etc.)
Professional (Consultants, Lawyers, Auditors, etc.)
Industrial Sector (Factories, Manufacturing, etc.)
Tourism (Hotels, Travel Agencies, Restaurants, etc.)
Cost of Business License in UAE
The cost of a business license in the UAE varies depending on the business jurisdiction, kind of license selected, office space needs, capital requirements, local sponsor costs, and other factors.
The UAE's Free Trade Zones are the most cost-effective way to start a business.
The cheapest company incorporation is in the northern emirates like Sharjah, Ajman, and Ras Al Khaimah's Free Zones.
Business Consultant Hiring
To obtain a business license in the UAE, a well-structured procedure must be followed, which includes permissions from several government departments. As a result, it is advisable to seek the advice of a knowledgeable Business Consultant who is familiar with business processes in both free zones and the UAE's mainland, as well as resident visa requirements and regulations.UBL International is a pioneer in business consulting services in Dubai for the last 10 years.
Comments
Post a Comment