Setting up your business in Dubai strategically

Setting up your business in Dubai strategically

Setting up a business set up in Dubai mainland is not that complicated. But it is also not that easy. Before you start any business setup in Dubai, you have to prepare everything including the license, registration fees, business permits, and registration seals or licenses, and other related requirements. Business setups in Dubai come under three different categories Private Companies, Public Companies, and International Companies. The first two categories are for those who run their business entities out of their homes. On the other hand, the third category is for those who run their business entities based on holding licenses from the government.

Private Companies: 

Private companies have to get their set-up license from the Dubai Commission for Professional and Technological Development. Once your license is approved, you can start your business setup in Dubai. However, before getting your license, you have to go through the commercial building inspection procedure in Dubai. The inspection procedure is done to ensure that the building that you are going to build in Dubai complies with the building regulations and standards. 

Public Company: 

To set up your business setup in Dubai, you have to find a local partner. A local partner is someone who has the intention of becoming your indirect local service agent in Dubai. You can find a local partner by approaching a company that offers offshore business services, or an agent who is connected to several governmental bodies. However, there are some cases when you have to look for a direct local partner who has the intention of becoming your direct local service agent in Dubai.

License & Registration seals: 

Once you have found a local service agent and you have applied for your license, you have to submit all the necessary documents and applications to the concerned departments of Dubai. One of these important documents is the business activity permit that is issued by the Dubai authorities to your local partner. A business activity permit is required to operate your business activity in Dubai. The license and registration seal are also required for all the official documentation that is required by the Dubai authorities. 

Formations & Registration: 

Once you have obtained the business license and registration seals from the Dubai government, you can start the process of formation in Dubai. A company formation is a legal process in Dubai in which the Company Administration and the Nomination Commission take an action to appoint a company as a legal entity of the government. This company will become the registered and active name of the Government of Dubai. 

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