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Step-by-Step Guide to Setup New Business in Dubai
Dubai offers incredible opportunities for entrepreneurs with its strategic location, tax benefits, and business-friendly environment. Here's a quick guide to setup new business in Dubai:
1. Choose Your Business Structure
Decide between a Sole Proprietorship, LLC, Free Zone Company, or Branch Office, based on your business goals.
2. Select a Business Activity
Select from a range of pursuits that correspond with your area of expertise and the needs of the market, such as trade, technology, or services.
3. Pick a Location: Free Zone or Mainland
Free Zones: Take advantage of complete foreign ownership and tax exemptions.
Mainland: Needs a local partner but offers more operational flexibility.
4. Obtain the Necessary License
Apply for a Commercial, Professional, or Industrial License through the DED or relevant Free Zone Authority.
5. Register Your Business Name
Make sure your company name is distinctive and conforms with regional laws.
6. Visa and Immigration
Submit applications for your team's work permits and business visa to the UAE.
7. Open a Bank Account
To manage your company's finances and transactions, pick a nearby bank.
Why Setup New Business in Dubai?
Tax Benefits: Exemptions and low taxes, particularly in free zones.
Strategic Location: Provides access to international markets.
Business-friendly: Easy to set up with government assistance.
Ready to setup a new business in Dubai? Contact us today for expert guidance!
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Trade License Dubai: A Complete Guide in 2024-25
A trade license in Dubai is essential for legal business operations. It grants permission to conduct specific activities within the emirate. The process involves selecting the appropriate license type, preparing required documents, and adhering to regulations. Understanding the procedures and costs is crucial for compliance and successful business setup.
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