How to open a business in Dubai | Step by Step

The process of establishing new businesses and companies in Dubai is one of the matters that the United Arab Emirates pays great attention to. For this reason, the process of starting a new business or company in Dubai is simple and does not require a lot of time and effort. During the lines of this article, we will talk about how to open a business in Dubai, in addition to some other important information about this topic. Continue reading with us to know more details.

Why do I want to work in Dubai?

There are many reasons why Dubai is one of the best destinations for you if you want to start any investment business. The most prominent of these reasons is the great investment diversity there. So you can work in almost any field in Dubai, except for activities prohibited by the state for foreign investors. In addition, the country provides you with great ease in the process of starting businesses and companies. In addition to all of that, Dubai provides modern technology for all investment businesses, ease of opening and managing bank accounts, and great ease in all government procedures and transactions in general.

How to open a business in Dubai

As for how to open a business in Dubai, the method can be easily summarized in the following steps:

1- Knowing the conditions

The first step you should take as a new investor in Dubai is to learn about the conditions necessary to start businesses and companies there. You must know the economic activities that are permitted for foreign investors, and the activities in which it is not possible to work. In addition to the conditions related to choosing the trade name for your business, and others.

2- Choosing an economic activity

The next step in how to open a business in Dubai is to choose your economic activity. As we mentioned to you previously, the UAE allows you to work in many different activities and fields. You must choose your economic activity accurately in order to be able to complete the following steps. And so that you can also choose the commercial license that suits you.

3- Determining the legal form of the company

If you want to establish your own company in Dubai, you must also determine its legal form. The investor can choose one of the legal forms provided by the UAE, and it is not possible to create any legal form that does not exist within these forms. Knowing that ownership of the company in the Emirates requires a partner who holds Emirati citizenship, unless the company is established within the free zones.

4- Choosing and registering the trade name

The next step in this process is choosing the appropriate trade name for your business or company. This name must fulfill all the conditions related to it within the UAE, which include conditions such as staying away from pre-existing names, staying away from offensive words, and choosing a name suitable for the nature of the work in general. Then the investor must register this name with the relevant authorities in the country.

5- Obtaining the initial approval

The initial approval document is a very important document for anyone who wants to know how to open a business in Dubai. This document allows you to follow the next steps in this process, and obtain the appropriate commercial license for you. Without it, you will never be able to complete the steps. Please note that this document is obtained from the relevant authorities in the UAE government.

6- Choosing a business location & concluding the articles of incorporation

After obtaining initial approval, the investor must choose a suitable location for their business or company. Then he must also conclude the articles of incorporation for his business. The investor can also conclude the articles of incorporation before choosing the appropriate workplace for him. Knowing that there are some conditions related to choosing a workplace, depending on the work.

7- Additional approvals and licenses

For some businesses, you, as an investor, may be required to obtain some licenses or approvals from some government agencies. So that you can get your business license.

8- Obtaining and activating the commercial license

The last step here is to obtain the appropriate business license for you, so that you can start doing your business in Dubai. It is also worth noting here that you must activate this license first, and renew it annually.

Tdabeer Company..your partner in all business

Thanks to its distinguished staff, Tdabeer Company works to help you implement all the previous steps necessary to start businesses and companies in Dubai. Contact us through the following links and join our client list, and quickly start your business and investment projects in Dubai.

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