Your 8 Steps Guide to Company Registration in Dubai!



Who says in Dubai company registration is a difficult or a hectic kind of thing. In this blog you would come to know the simple 8 step guide to get your business registered in that part of the Gulf. Definitely, as the focus of the investors or businessmen has shifted completely towards the UAE, especially Dubai . That’s why most of them use to inquire about this.

setting up a business in Dubai

Type of Business:

The first and foremost important thing in the whole process is to know the type of business. It’s the first and common thing because on the basis of this, your business’s license type would be decided and provided to you.

Ownership:

Another necessary thing is to know the ownership rules and regulations. So, that you have a better idea of things regarding this. In Dubai, you can’t be the 100% owner of a business unless you are a local resident or you are setting up a business in Dubai free zones. Other than that you need to have a local partner who must have the 51% share of the business.

Legal Form:

The next step is to achieve a legal form that could actually make your business the legal one. Without obtaining a legal form there is no benefit of doing business in the UAE.

Trade Name:

You must choose and finalize a trade name as well for your business because that’s also really important. Without a trade name your business won’t be called the legal one. The trade name you choose must match your business niche and its services.

Share Capital:

The minimum share of your business setup is indicated and mentioned in the MOA of your proposed company. But in most of the cases we see that you don’t really need to pay the minimum capital at the beginning at the time of company registration in Dubai.

Premises:

Once you are ready and done with the document work, the next thing you are supposed to do is to look out for the office premises for your business.

Employees:

The employees are also really necessary. These are the individuals, whose services are more than just compulsory to put things into running condition after the successful completion and approval of business documents.

Local Support:

The support of the local person is also very necessary for you. There must be a partner, a buddy or a friend who could be helpful to you in various tricky situations. However, it is not the compulsory thing at all. You might skip the option of having a partner and legal advisor, if you want.

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