STARTING THE ACTIVITY
I am looking to start a business in Dubai and would like to know what options are available to me.
Setting up a business in Dubai
Starting a business in Dubai is a common sense decision. The freedoms businesses enjoy in Dubai are incomparable to what we have in Europe.
But good decisions are not always easy to make happen.
Ultimate Guide to Starting a Business in Dubai in 2024
Why Start a Business in Dubai?
Dubai is a dynamic metropolis and a world-renowned financial center that attracts entrepreneurs from around the world. With its business-friendly policies, modern infrastructure and attractive tax opportunities, Dubai offers a conducive environment for business creation. This comprehensive guide takes you through every step of setting up your business in Dubai, from initial planning to registration and beyond.
Benefits of Starting a Business in Dubai
1. No Corporate Tax: up to 100k euros of annual profit
Dubai offers tax exemption for many types of businesses, allowing entrepreneurs to reinvest their profits for the growth of their business.
2. 100% Foreign Ownership:
Unlike many other countries, Dubai allows foreign investors to own 100% of their business in free zones.
3. Access to an International Market:
Dubai is strategically located at the crossroads of Europe, Asia and Africa, providing easy access to an international clientele.
4. World Class Infrastructure:
Dubai has state-of-the-art infrastructure, including efficient transportation, modern port facilities, and high-level business centers.
5. Ease of Doing Business:
Dubai is known for its simplified administrative procedures and favorable business environment.
3 Fatal Mistakes That Could Destroy Your Business Venture in Dubai
7 pages made up of a wealth of knowledge that will protect you from failure!
- An overview of what will make your business sink.
- What you should never do in Dubai
- A list of easy steps to follow when setting up your business
Business Creation Process: Key Steps
1. Choose a Business Activity
Define the specific activities your business will undertake.
2. Select a Legal Structure
Choose from options like Limited Liability Company (LLC), Free Trade Zone Establishment (FZE), etc. according to your needs
3. Obtain Business Name Approval
Get your business name approved by the relevant authorities.
4. Apply for a Business License
Submit the necessary documentation to obtain your business license. License types include commercial, professional, industrial and tourism, depending on the nature of your business.
5. Open a Business Bank Account
Establish a bank account to manage your business finances
6. Obtain Visas and Work Permits
Make sure you obtain the necessary residency visas and work permits for you and your employees
Why go through us to start a business in Dubai?
Perfection comes through repetition.
Practical knowledge is acquired through repetition. We’ve done it so many times it’s hard to keep track. You can rest assured, nothing will escape us.
Diversity is essential
Dubai is a tax haven, and with the large number of industries setting up in the Emirates each year, it was quite logical that the various legislations and means of access to business creation adapted to the situation. With its knowledge and experience in building businesses, across almost every industry, The Dubai Life has enabled thousands of businesses to access a world of freedom.
We are listening to you
We have taken our customers’ comfort to the next level. Emails are great, but the response time is too long. That’s why our support team primarily uses WhatsApp, which means we’re literally available anytime by message or phone. This new approach allows you to contact us by message and check if we have received it. The Dubai Life takes your emergency requests very seriously.
