Company Setup In Dubai – A Step By Step Guide

By Author: Upendra Rana
Total Articles: 4
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Once all the legal paperwork is sorted, it shouldn’t take over a week or so for the company to be set up in Dubai. Here are some of the aspects you need to consider when it comes to starting legal formalities.

Nature of Business
The type of license required varies as per the nature of the business. Whether you are looking for an industrial, commercial, or professional license, it is up to your business operations. Keep in mind that some activities need further approval from the government like jewelry trade, food trade, legal consultancy, and veterinary care. Over 2100 activities have been listed by the Department of Economic Development (DED). Contact the DED if your type of business is not listed. The approval formalities and regulations vary from free zones.

Ownership
If you want full ownership of a company as a foreign national, you need a license and address in one of several free zones in Dubai. Each free zone serves different activities. UAE has over 45 free zones for different operations. So, you will be spoilt for choices. You need a license from DED if you have to operate locally and ...
... you need a local license. There are different restrictions on DED license on ownership share for foreign nationals on the basis of various legalities.
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Legality
According to the type and location of the business, there are certain rules. Suppose you are setting up a law firm, you can set it up as a stand-alone firm or as a branch. You cannot launch your business as a sole proprietorship. There are different restrictions in each free zone about the structure of the company.

Premises
After preparing your legal forms and procedures, it is always wise to choose some offices with some details like costs. You can have a clear way ahead after completing all