If you are planning to start a business in one of Dubai’s many free zones, keep in mind that each free zone has different start-up procedures and associated fees.
Here are few elements in the setup process which you need to consider even before you start your legal formalities:
- Type of Entity/Legal Structure
- Type of Business Activities
- Ownership
- Share Capital
- Property Solutions
- Employees and Insurances
Basic Steps to start your own company in Dubai:
- Documentation
- Preparation of Business Plan
- Application with the concerned and chosen Free Zone/Department of Economic Development Authority.
- Registration proper
Steps to setup a busniess in Dubai
If you are planning to start a business abroad – look no further than Dubai. Dubai is the most modern and progressive emirate in the UAE and is rapidly developing. Business zones in Dubai offer direct tax-free status, which is one of the main reasons entrepreneurs choose Dubai to set up a business. When setting up a business in Dubai, the cost of setting it up is an important consideration. Before you start the process of establishing your business in Dubai, there are a few things you should know. Let’s look at each of them.
- Type of Entity/Legal Structure
- Type of Business Activities
- Ownership
- Share Capital
- Property Solutions
- Employees and Insurances