How to Start a Business in Dubai as an Expat?

Dubai has been a top choice for foreign investors. With the new policies implemented on foreign investments and business ownership, setting up a business in Dubai became much easier and more beneficial for foreign investors.

Business owners and foreign investors benefit from the UAE’s low corporate tax rate and no tax on personal income. A few years ago, some policy changes made it possible for them to retain 100% business ownership. In recent years, policies on long-term visas were made, allowing foreigners who wish to set up company in Dubai to stay in the UAE for extended periods. If they choose to do so, they may also retire in the UAE.

If you’re looking to start a business in Dubai, here’s what you need to do:

Hire PRO services

While the process of establishing a business is straightforward, it is highly recommended that you get PRO services Dubai to help you throughout the process and accomplish your requirements without delay. This is also helpful if you are not familiar with the laws and policies in establishing a business or investing in a business in the UAE.

Determine business activities

The first step to new business setup in Dubai is choosing a business activity that you will focus on. Your chosen business activity will determine the type of license you need to acquire for your business.

Decide on your business locations

To make the most out of your investment, you need to know which location works best for your business. For ex-pats and foreign investors, it may be more beneficial to establish a company in free zones. In some instances, global companies also flourish on the mainland.

Choose a company name

It is crucial that you choose a name that clearly represents the nature of your business. You also need to make sure that your chosen name complies with Dubai’s strict naming conventions. If you’re feeling uncertain about your chosen name, do additional research or consult with experts or your PRO.

Apply for a license

Once you have accomplished the steps above, you will need to complete the application form for the license and submit all required documents. Your PRO can process this for you and assist with additional requirements of need, then you just must wait for the approval.

Whether you need help in processing requirements to establish a new business or you need PRO services to invest in an existing business, you can count on Austria Business Center.

We offer a range of business solutions to meet all your business requirements. We also offer offices for rent and serviced offices if you need a meeting room in Dubai to meet with clients or conduct interviews, as well as furnished office spaces where you can relocate your growing team.