How to set up a small company in Dubai?
No matter the size or location of your business, you will need licenses or permits to conduct business activities legally. Unlike other countries, the process to start business in Dubai is straightforward. However, those unfamiliar with Dubai’s laws might need clarification.
If you’re determined to set up company in Dubai to start a new business venture, here’s what you need to do:
Gather a budget or find a sponsor
Establishing a small business in Dubai can be expensive, even more so if you need to make a mistake and must repeat some processes to correct the error. You will also need enough funds to obtain permits, rent a space for your team, buy equipment and supplies, pay your staff, and other things business-related expenses.
Come up with a rough estimate of the expenses to see if you have enough funding. If not, consider looking for a business partner or sponsor for your business. This way, you won’t have to shoulder all the expenses to start your company.
Prepare all necessary documents before going to relevant government agencies to secure licenses and permits needed to operate your business.
Choose a location
You must choose a business location that will be beneficial for the growth of your business. While it is possible to establish a business on the mainland, consider establishing your business in one of the free zones that focus on catering to a specific industry. Aside from helping you grow your network, starting your business in one of the free zones can help lessen business setup in Dubai cost.
Hire reliable staff
Be careful in choosing who to hire. Keep in mind that your hiring decisions can greatly impact your projects and new business setup in Dubai. Aside from checking the credentials of your candidates, ask questions that will help you learn about their attitudes and work ethics. You may also test their skills using different exercises or situations to see how they work and handle the challenges they encounter.
Whether you need assistance with legal processes in starting a business in Dubai or a new office to accommodate your growing team, Austria Business Center offers a range of business solutions to meet all your business needs.
We also offer offices for rent and serviced offices if you need a meeting room in Dubai to meet with clients or conduct interviews.