FAQs

Our expert team is here to answer common questions from business owners worldwide about setting up a company in the UAE—covering requirements, processes, and more!

Discover how Dubai's robust economy creates a wealth of opportunities for startups and entrepreneurs.
  • Dubai's economy is purposefully intended to encourage company expansion and innovation. The Department of Economic Development (DED) is critical in supporting entrepreneurship by creating a supportive environment that includes appealing incentives such as accessible corporate taxes and simplified business setup procedures.
  • The UAE is ranked 16th in the world's Ease of Doing corporate Index thanks to its dedication to making corporate processes easier. Due to its strategic location, Dubai's thriving economy draws a wide variety of businesses and provides access to extensive markets in both the East and the West. The city's many free zones, such as Ras Al Khaimah Economic Zone (RAKEZ), Jebel Ali Free Zone Authority (JAFZA), and Dubai World Trade Centre (DWTC), increase the chances for business owners. Furthermore, programs like Scale2Dubai offer vital capital and assistance to enable companies to grow effectively.
Navigate the essential steps to successfully launch your business in this vibrant city. To successfully launch your business in Dubai, follow these essential steps:
  • 1. Define Your Business Idea: Clearly articulate your business concept and identify your target market.
  • 2. Create a Business Plan: Develop a detailed plan that outlines your objectives, market analysis, and financial forecasts.
  • 3. Choose Your Legal Structure: Decide whether to establish your business as a Free Zone entity, Mainland company, or Offshore organization.
  • 4. Select a Trade Name: Choose a name that adheres to the regulations set by the Department of Economic Development (DED).
  • 5. Obtain a Business License: Apply for the appropriate license based on your business activities—whether commercial, professional, or industrial.
  • 6. Prepare Your Documentation: Gather necessary documents, including your passport, visa, and a No Objection Certificate (NOC) if applicable.
  • 7. Secure Office Space: Establish a physical address, which is essential for your business registration.
  • 8. Open a Corporate Bank Account: Once you have your license, select a bank that suits your business needs and open an account.
  • 9. Process Employee Visas: If you plan to hire staff, begin the visa process. The number of visas you can apply for often depends on your office size and business license type.
  • 10 .Set Up Operations: With the administrative tasks complete, focus on launching your operations and kick-starting your business journey.
Get expert tips on selecting the ideal location to optimize your business potential. Choosing the right location for your business. When selecting the perfect location for your business, there are several important factors to consider. While we highly recommend consulting with business setup professionals to navigate these decisions, here are some key points to keep in mind:
  • Nature of Your Business: The type of industry you operate in will influence your location choice. For example, tech companies often thrive in free zones like Dubai Internet City.
  • Access to Your Target Market: Choose a location that offers convenience and accessibility for your primary customers, ensuring you can easily reach them.
  • Infrastructure Needs: If your business relies on international shipping, being close to major ports like Jebel Ali Port can be a significant advantage.
  • Budget Considerations: Local rental prices and operational costs vary, so it's essential to factor your budget into your decision-making process.
  • Regulatory Constraints: Be aware of any legal restrictions specific to certain zones, as these can impact where you can operate your business.
Choosing Between Mainland and Free Zone Company Structures in the UAE Setting up a mainland company in the UAE offers several key advantages, including unrestricted access to the local market, the ability to engage in over 3,000 commercial activities, limitless employee visas, and the option to sponsor domestic and family staff. This setup is particularly advantageous for businesses targeting the Dubai mainland market. Conversely, establishing a company in a free zone provides benefits such as full profit repatriation, zero personal taxes, 100% foreign ownership, and a simplified formation process. This option is ideal for businesses focused on international markets or those seeking specific industry clusters available in various free zones. When deciding between a Dubai mainland and a free zone arrangement, it's essential to carefully evaluate your company's objectives and requirements:
  • Business Activities: While free zones often cater to specific sectors, the Dubai mainland allows for a wider variety of business activities.
  • Trading Needs: If your business will engage directly with the UAE market, obtaining a mainland license could be more advantageous.
  • Ownership Preferences: A free zone setup is ideal if complete foreign ownership is a priority for you.
  • Growth Plans: If you anticipate expanding your operations within the UAE, a mainland structure may offer greater flexibility.
  • Cost Considerations: Be aware that setup and operational costs can vary significantly between free zones and the mainland, influencing your decision.
Explore the various business licenses that enable you to operate legally in Dubai. Business License Categories in Dubai in Dubai, you can apply for one of three main types of business licenses, depending on the nature of your operations:
  • Commercial License: This license is essential for businesses engaged in trading activities. It covers a broad spectrum of operations, including retail, wholesale, and transportation services.
  • Professional License: Typically issued to individuals offering specialized services or expertise, this license applies to professions such as consulting, accounting, and architecture.
  • Industrial License: Designed for companies involved in manufacturing or industrial activities, this license is suited for businesses that transform raw materials or natural resources into finished products.
Discover whether you need a physical office space for your business setup.
  • The requirement for physical office space depends on the type of business being established. For Mainland companies, regulations from the Department of Economic Development (DED) mandate a physical office. In contrast, many free zones offer flexi-desk options, providing a more cost-effective alternative to a traditional office. Additionally, entrepreneurs can choose a virtual office in Dubai, which allows them to conduct business without the need for physical premises.
Explore the resources and infrastructure available from the digital government authority.
  • Dubai's advanced digital infrastructure is a key reason for its popularity as a business destination. Startups and SMEs are reaping the benefits of the city's significant digital advancements. The Department of Economic Development (DED) promotes digital initiatives that support entrepreneurs and encourage business investment, providing comprehensive resources on online business setup.
Learn about the valuable support that business setup consultants offer to streamline your journey.
  • BHB and other business setup advisors guide entrepreneurs through the complex process of establishing a business. This includes helping with the selection of the appropriate business name and activity, navigating the setup of free zone or mainland options, and managing all necessary documentation for opening a corporate bank account and obtaining a business license. Their strong relationships with banks, insurance providers, and government agencies provide valuable support. With in-depth knowledge of local regulations and potential challenges, these advisors save time and effort for new business owners. Additionally, they offer assistance with the visa application process for hiring staff. Their goal is to streamline the business setup experience, allowing entrepreneurs to focus on running their companies.
Find out how to establish a corporate bank account tailored to your new business. Opening a corporate bank account in Dubai is straightforward but requires a trip to the UAE and some paperwork. Here's a brief overview:
  • Choose a Bank: Select one that meets your business needs.
  • Schedule an Appointment: Arrange a visit to the bank.
  • Prepare Documentation: Typically required documents include your passport, proof of address, and proof of income; additional documents may be requested by some banks.
  • Verification: The bank will verify your identity and conduct a credit check.

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