Register a Company in Dubai – 7 Things You Need To Know

Dubai is a well-known start-up haven. A lot of up-and-coming entrepreneurs take their chance in starting their trade in the emirate due to the advantages provided by the government including streamlined business registration, tax-free privileges, strategic location, availability of manpower and resources, and state-of-the-art infrastructures.
And Dubai’s consumer profile is diverse as people from around the globe and all walks of life flock and reside to the emirate either to experience the culture or reside and retire permanently. This may mean that you can capture a diverse audience for your new business
According to Khaleej Times, Dubai business owners can expect growth and expansion to the Dubai economy this 2022 with a forecasted 4.5% growth in major industries including real estate, food and beverages, manufacturing, Information and Technology, and more.
Not only Dubai, but UAE will have an upward trajectory in terms of economy, with the whole country gearing up to a 5% to 6% economic growth this year, as forecasted by the Economic Minister Abdulla Bin Touq Al Marri in an interview with Reuters.
Despite the crippling effects of the pandemic on the global economy, many business experts believe that Dubai will have a promising year in terms of financial growth. This forecast provides aspiring business owners the opportunity to take their chance in the booming state of the emirate’s business environment.
Being your own boss in Dubai starts with getting your business registered. Although the emirate provides aspiring entrepreneurs leniency in terms of forming a company, you need to at least meet the minimum requirements set by the governing agencies before you can operate in the a Dubai free zone.

If you are thinking of setting up business in Dubai this year, here are the steps that you need to undertake and some things that you need to understand as you go along with your business registration in Dubai.

Before you go through the technical process of registering your business in Dubai, it is best if you draft a business plan that includes the following details: the nature of your business, your business objectives and vision breakdown of your services or products, financial or investment sources, etc.
This is just the initial plan. You may need to revise this as you go along the process of business registration and polish this step-by-step. Some business jurisdictions require such document so they can learn more about your business. You can also use it as a guide. If you have never drafted a business plan before, it would be best to seek the help of experts in company formation in Dubai.

There are more than 30 free zones in Dubai that aspiring business owners can choose from. But this step should not be taken lightly. Choosing the best location for your trade can be a big advantage for your business. One, you need to consider what free zone in Dubai caters to the nature of your business. For example, medical professionals would like set up their practice in Dubai Healthcare City, a well-known free zone for medical advancement and clinical services. IT-related businesses are likely to set up in Dubai Internet City and Dubai Silicon Oasis, known hubs for tech-related trades and innovation.

You also need to understand that each free zone has specific requirements for business owners who are registering their trade. Although there are general requirements accepted in all free zones, you need to know if you have to apply for certain additional permits or specific documents depending on your choice of business activity and free zone.

Another thing that you need to keep in mind is there are different business structures that are accepted in Dubai free zones. Consider this as the more technical side of business registration in Dubai. There are at least 7 company structures accepted in UAE and these include:
  • Individual Establishment
  • Civil Company
  • General Partnership
  • Simple Limited Partnership
  • Private Joint Stock Company
  • Limited Liability Company
  • Partnership Limited with Shares (PLS)
Each legal structure requires certain conditions in terms of capital investment, incorporation procedures, number of shareholders, stakeholders, and the nature of your business. It would be best to consult with business consultant companies in UAE so you will be able to make a sound decision on what legal structure to apply for your business.
A brand name is essential for business. This name will represent your business to the clients and stakeholders. It should hold weight in the business scene. Hence, you need to be thorough on choosing a business name for your trade. The first order of business when you are choosing a company name is to do a Dubai company name check. If you are using generic terms for your business, there is a high chance that the name is already taken by other entrepreneurs. Marketing-wise, it is best to use a unique brand name that would help your business stand out.

You might also want to consider the nature of your business when you create a business name. Serious tones more likely associate with businesses like banks, medical practices, and corporate services. But with businesses like crafting, food and beverages, etc., you can be a bit playful.

Another technical part of the process that you need to go through is applying for a trade license in UAE. A trade license is an essential document for any UAE company as it states the specific activities a business can carry out and do. This is issued by the Department of Economic Development.
There are four types of trade licenses in Dubai that you can apply depending on the nature of your business, namely:
  • Professional license
  • Commercial license
  • Industrial license
  • General Trade license

Professional license includes more specific services that your business would like to offer like medical, clinical, marketing services, etc. A commercial license, on the other hand, is applied by business owners who delve into trading like commercial stores, retail, etc. An industrial license is given to businesses who are involved in running industrial and manufacturing operations. Lastly, a general trade license is specialized for import and export services.

As mentioned, your trade license depends on the nature of your business. And each type of license might require a different set of requirements that you need to fulfill, so the help of an expert in company formation in Dubai is a must.

If you are planning to have a physical store, you need to find a specific location that would present your business well to your target audience. The good news is, Dubai free zones are strategic for business, so it would be a big advantage for your trade. But you need to consider the rent, the layout, and whether it is close to suppliers that can help your business.

On the other hand, there are businesses that can apply using a virtual office. There are free zones in Dubai that allow this setup. But you need to be more aware of the requirements and other conditions stipulated on this kind of company formation.

We stated earlier that Dubai offers a very streamlined process when it comes to business registration. The UAE government places great importance on providing an easy and convenient startup environment for aspiring business owners. However, it is essential that you do your research from the get-go and ensure your business in UAE is set up the right way and your license allows your company to grow the way you wish.

You may choose to register a business yourself, but it is advisable to talk to business setup companies in UAE so you will know for certain the requirements and documents you need to submit in order to avoid any delays or unexpected costs. A company setup specialist will confidently guide you step by step on the intricacies of starting a business in UAE, or more specifically in Dubai.

When looking for a business consultant in Dubai, keep in mind your business formation needs as well as your budget.

Starting a business in Dubai is straightforward compared to other locations around the world, but you need to follow certain procedures and steps so you can fully register your business and start your trade operations as soon as possible. Our company formation experts at ExpressPRO can help you make sense of this process and provide you the necessary information to make a sound decision when you set up your business in UAE.

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Sarah Morris
Sarah Morris
10:36 10 Jun 24
Fast and helpful service, Paul was very helpful at setting up a company in RAK for me.
William Markezana
William Markezana
17:31 08 Jun 24
Lessie Sabanal
Lessie Sabanal
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Jayaprakash Rajendran
Jayaprakash Rajendran
06:12 07 Jun 24
I search in google and found expresspro to register my company in one of the Freezone. This is my first time and nervous on doing things but Rohit assisted me well selecting the right option. Even on... Sunday he answered the call and make the process faster. Hassan Ali supported me on taking care of visa and other stuff. I called Rohit 5 or 6 times a day and asked a lot of things but he never got tired. How he attended my call on first time the answer is same for others until the full process is completed. These guys doing things exceptionally well. Amazing!!!!read more
Conrad Grant
Conrad Grant
15:59 03 Jun 24
I recently used ExpressPRO for UAE golden visa application, and couldn't be more pleased with the experience. Once all documents were submitted, took less than a week to complete, which exceeded my... expectations. Ellie Gaerlin and her team demonstrated exceptional professionalism & efficiency. They were knowledgeable & always available to answer questions. I highly recommend Ellie Gaerlin and ExpressPRO for their outstanding more
Mohsin Khan
Mohsin Khan
15:52 18 May 24
First of all thanks to Express PRO to have a man like Mr.Rohit I know he is giving me the right direction towards reaching my dreams. He is very professional, friendly, helpful and no matter how many... times I ask question they never failed to answer my concern and explained all the details that i need. I would strongly recommend their service if you want a better future here in Dubai. No words can explain how lucky I am to find a consultation company Expess Pro like this. All transaction were smooth and easy. Thank you again Mr.Rohit for all the help.They are truly knowledgeable, skilled and has empathy throughout the process. No doubt, the company’s success and the recommendations of their clients speaks for more
Sajjid Patel
Sajjid Patel
14:12 17 May 24
Rohit provided a very quick and efficient service to help us renew our company license. A big thanks to Rohit and the ExpressPro team for their thorough professionalism.
Muhammad sarfaraz uddin
Muhammad sarfaraz uddin
12:02 16 May 24
I recently contacted ExpressPRO to set up my business in Dubai and I couldn't be happier with their service. The entire process was smooth and efficient, thanks to their professional and... knowledgeable team. They guided me through every step, from company formation and trade license acquisition to opening a bank more
Plat E
Plat E
07:51 14 May 24
This is the first time we setup business in Dubai. The business setup was done smoothly. When we moved forward to the visa processing, initially the information given to us was not been communicated... correctly by another department. Hassan had demonstrated his professionalism to make the process done in proper manner. Despite some delays in the process, which were entirely outside of Hassan’s control, he managed to navigate these challenges with grace and persistence. He helps us to solve all the problems and ensure everything was in order, his efforts did not go unnoticed. We highly recommend him for his outstanding service and dedication to his clients. Thank you once again for your helps!read more
Oriane International
Oriane International
08:00 07 May 24
Prompt reply and coordination and excellent services by Irshad Ismail. He assisted very professionally and helped me to get my license on time.
07:55 24 Apr 24
I am very lucky to met you, Hassan. Throughout the entire application process, I encountered issues like my name being written in reverse order, even during the medical check-up, you were online to... answer my questions in real-time. You were attentive to my worries even on weekends and during the Ramadan period. When Dubai faced its first major flood in 75 years, I still received your immediate response. Your dedication is truly commendable.The process for obtaining residency in Dubai is now longer due to the increasing population influx. Fortunately, applying through ExpressPro has been a breeze - fast, efficient, professional, and with prompt responses that provide peace of mind. I highly recommend this company. Once again, thank you, Hassan. May Allah bless youread more
Mj Tolentino
Mj Tolentino
13:45 23 Apr 24
As for my experience with the Express Pro company, they were very prompt in sharing updates of what is happening and the progress of documents.Double thumbs up to Mr. Paul's assistance on making... things happen at the promised certain time. We made the right choice coming to you and Thank you for your support. All the best to Express more
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