Is it difficult to start a business in Dubai?
Foreign business owners and entrepreneurs are drawn to start business in Dubai thanks to its diverse and competitive business scene. However, Dubai is very strict and meticulous with issuing licenses and business permits. If you are keen on starting your business in Dubai, there are certain requirements and paperwork you need to submit before you are legally able to operate your business.
If you are a foreign investor who is unfamiliar with the legal processes in acquiring your business permit, you may seek PRO services in Dubai to settle everything without delay. Even UAE business owners entrepreneurs often get help to process their transactions without delay as PROs are more familiar with the process and are connected to the right agency to get the work done as fast as possible.
New business setup Dubai will require you to do the following:
- Select a business activity
- Select a jurisdiction
- Finalise company structure/legal form
- Get approval for your company name and activity
- Apply for your trade license
- Register your company
- Get your external approvals
- Prepare your Memorandum of Association
- Get the tenancy contact & ejari
- Get the initial approval
Before starting the process, it is important to note that foreign investors and business owners must also provide translated copies of documents if the language used in the original is not Arabic. If you have business partners in Dubai, you can ask them for help or hire a professional who can accurately translate the documents for you. Some businesses that offer PRO services also hire multilingual professionals who can help you translate important legal documents, presentations, and other materials that you wish to translate to communicate more effectively with your clients. You may also ask for their help in handling other legal processes and business-related matters.
Whether you need legal services to acquire permits or you need advice in establishing your business anywhere in Dubai, Austria Business Center offers a range of business solutions and offices for rent in Dubai to meet all your business needs. You may also book one of their meeting rooms if you need a comfortable place to meet with clients/staff or conduct interviews.