If you're considering starting a business in the UAE, no other place can compare to Dubai. And if you need expert advice to make the process easier, Bizvise License Company in Dubai is the ally you need by your side.
Opening a new business anywhere can be daunting but with proper support and knowledge, it need not be. In this guide, we'll take you through the step-by-step Dubai new business setup process, making everything easy to read, simple and comprehensible.
The most significant and first step is to decide what your business will do. Dubai has over 2,000 licensed business activities. They run from trading and manufacturing to consulting, e-commerce, education, media and many more.
What you choose will decide:
If you're not certain where your idea would fit, Bizvise can assist you in cutting down the choices and making sure that your business aligns with all UAE laws.
Step 2: Select the Jurisdiction – Mainland, Free Zone or OffshoreSecond, you must decide where you would like to register your business. Dubai has three prime jurisdictions: mainland,free zone and offshore. Each has its own rules, advantages and restrictions.
Mainland businesses permit you to work anywhere in Dubai and throughout the UAE. They're perfect if you wish to start a retail store, eatery, or offer services to the public.
Free zones are favored by global businesspeople. You have complete ownership, tax incentives, and streamlined procedures. They're perfect for e-commerce, consulting and tech companies.
Offshore businesses are utilized primarily for global trading or asset management. They can't be run within the UAE but are convenient for entrepreneurs of international businesses.
Unsure what's best for you? No worries Bizvise analyzes your objectives and guides you towards the optimal choice for your Dubai business setup.
Step 3: Select a Legal Structure and Business NameNow it's time to determine the legal structure of your company. You can have several types, i.e.:
It will depend on your business activity, the number of shareholders and your jurisdiction of choice.
At the same time, you’ll need to choose a trade name. This name must be unique and follow UAE naming guidelines, no offensive language, religious terms or abbreviations.
Bizvise makes the process easy by checking the availability of your desired name and handling the reservation.
Step 4: Apply for Initial ApprovalOnce you've determined your name and legal structure , the next is to obtain initial approval from the respective authority. This indicates that the government has no issues with your suggested business.
You'll provide such documents as:
Bizvise takes care of all paperwork and submissions so you don't have to worry about leaving anything out.
Step 5: Draft the Legal DocumentsNext, get ready to draft the legal documents specifying how your business will function. These are:
These need to be typed out clearly, translated (if so required) and notarized. This process is rapid , compliant and painless with Bizvise's legal partners.
Step 6: Get an Office SpaceEach and every Dubai company needs to have an address for business. Whether it's a flexi-desk within a free zone or a full-fledged office within the mainland, the address has to be registered.
Bizvise assists you in getting low-cost, approved offices that are licensing compliant and within your budget. They will also help with tenancy agreement and Ejari registration if necessary.
Step 7: Get Your Trade LicenseNow that you have your documents ready and office locked , you can apply for your trade license, the official license to operate.
The license you obtain is based on your business activity:
Bizvise makes sure your application is completed and up-to-date so you can obtain your license in the shortest time possible. In certain situations, it can be done within one day!
Step 8: Open a Corporate Bank AccountAfter receiving your trade license , you can open your corporate bank account in Dubai. Opening a business bank account is crucial for handling payments, expenses and maintaining legality.
You'll require:
Dubai banks are strict, but Bizvise will assist you in the process and introduce you to banks that are business-friendly to your kind.
Step 9: Apply for VisasThen, you'll need to apply for visas for yourself , your staff, and even your family if necessary.
The visa procedure involves:
Bizvise takes care of this entire process for you so that you don't have to worry about government queues.
Step 10: Obtain Additional Approvals (If Applicable)Certain businesses require additional approval from government agencies before they can operate in full. Examples include:
If your business falls into a regulated category , Bizvise will handle all the coordination and make sure you’re fully licensed to operate.
Step 11: Launch Your Business!And that’s it! Once your license is issued, visas are sorted and the office is ready you can begin operations.
You can now:
Even after your business setup in Dubai is finished, Bizvise still takes care of you with renewals, PRO services, compliance guidance and more.
The price of a new business setup in Dubai varies depending on a few things:
Generally, you can plan to spend between AED 12,000 and AED 25,000+ for a simple setup. Bizvise provides you with the complete rundown in advance, so you're not surprised later.
There's a reason Dubai is among the world's premier destinations for entrepreneurs. With its friendly business laws , tax advantages and connectivity to the entire world, it has unlimited opportunity.
But figuring out the legalities can be complicated unless you've got a reliable partner such as Bizvise License Company in Dubai.
They'll guide you through every aspect of the business setup in Dubai process transparently, ethically and quickly.
So if you’re serious about starting your new business setup in Dubai , don’t go it alone. Reach out to Bizvise today and make your dream business a reality.