Opening an Office
Setting up a business in Dubai? Licensing a company can be fast-tracked to get you started quickly, with full licensing processes being completed in parallel. Your business can be up and running in about a week once you've sorted the legal procedures. Here’s a quick guide to key business start-up essentials.
A quick guide to key business start-up essentials.
Choosing the right trade licence
Licensing a company can be fast-tracked to get you started quickly, with full licensing processes being completed in parallel. Your business can be up and running in about a week once you've sorted the legal procedures.
Here’s a quick guide to key business start-up essentials.
What type are you?
To begin, you will need a licence from Dubai’s Department of Economic Development (DED), a body which controls the share of foreign ownership. Your business type determines which licence you require and this, in turn, will define your operations. Key licence types are commercial, professional and industrial but there are over 2,000 activities to choose from.
Bear in mind some activities, such as aviation operators, food and pharmaceuticals distribution, jewellery trading, medical, veterinary and legal practices do require additional government approvals. You can obtain detailed guides from your embassy in the UAE or from DED
You might also wish to consider one of Dubai’s sector-specific free zones – and there are more than 20 of them – each with its own regulations and approval formalities. Details are available from Dubai FDI
There’s a Lot in The Name
The trading name you want is a key part of the legal process. Ideally, company names are expected to reflect your business activity, unless you’re a branch of another company. Again, the DED will advise.
Branch Office Openings
Additional documents are required to open a branch of an existing company. These documents will verify the legitimacy of the branch and its future managers. A list of the documents you’ll need to complete is on the DED website. You can also register electronically with the Ministry of Economy using the New Agency Registration eService.
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