How to Start a business in Dubai?
- Top Free Zones for starting a business in Dubai
How to Start a business in Dubai?
Dubai is a major trade and commerce hub that attracts global investors to set up their base in the region due to the umpteen business benefits. Dubai is a city of Free Zones and starting a business in Dubai is mainly supported by the Free Trade Zones in the region.
To start a business in Dubai the investor has to register a company with any of the Free Trade Zones. There are numerous cost-effective business setup packages offered by the Free Zone for the investors to keep the business setup cost low.
Steps in Starting a Business in Dubai
There are certain steps to be followed to start a business in Dubai. Investors can choose from co-working spaces to executive offices, the Free Zone of Dubai has it all.
Broadly there are certain steps in starting a business in Dubai and they are:
- Choosing the business activity and company type
- Choosing the Free Zone
- Tradename reservation and initial approval
- Submitting required documents and paying the business license fee
- Arranging for any additional documents required for the setup
- Obtaining the Trade License
- Applying for a UAE residence Visa and Bank Account for the company
Top Free Zones in Dubai to start a Business
Here are the top Free Trade Zones in Dubai to start a business. These Free Zones offer the best-in-class services coupled with world-class business infrastructure.
1. Dubai Airport Free Zone
Dubai Airport Free Zone is the most prestigious Free Trade Zones of UAE and a host of multi-national companies are registered in the Free Zone. Starting a business in Dubai Airport Free Zone opens up numerous business opportunities to the investors.
DAFZA offers the investors a wide range of business setup packages ranging from Flexi desk office spaces to fully customized offices and warehouses.
The Free Zone offers more than 3000 business activities for the investors to conduct business in their desired field of operations. The world-class business amenities and business infrastructure DAFZA offers the investors make it the favorite choice among global entrepreneurs.
Also, the strategic location close to Dubai International Airport and good transport connectivity with the rest of the cities and regions of MENA and the world makes the Free Zone a strong business hub.
2. Dubai Multi Commodities Centre
The Dubai Multi Commodities Centre is the largest Free Trade Zone in UAE with a host of office spaces available through the Tecom registered office areas in the Jumeriah lakes Towers region.
The investors can obtain a trade license from the DMCC Free Zone and get a tenancy contract prepared for the office space. Depending on the business requires the right office space has to be chosen by the investor.
DMCC is the perfect Launchpad to start a business in Dubai as it has a robust business network associated with the Free Zone.
The business-friendly atmosphere and easy company setup process help the entrepreneurs to easily scale up their business ventures and expand fast to newer markets.
3. Dubai Silicon Oasis – IFZA
Dubai Silicon Oasis -IFZA is the fastest growing Free Trade Zone in UAE with a growing number of new companies getting registered in the Free Zone.
Situated in Dubai, the Free Zone offers a prestigious Dubai Address to investors at a low cost. Investors can start a Business in Dubai by obtaining the Trade License from Dubai Silicon Oasis for AED 11, 743 for a Zero Visa Quota company with no office space.
Investors can upgrade to 2 or more visa quotas and customized office space by paying a top-up amount to the Free Zone. The Free Trade Zone offers the investors numerous business activities and business setup packages for setting up a successful business in Dubai.
Setting up a Company in Dubai – Benefits for the Investors
Setting up a company in Dubai is highly beneficial for foreign investors due to the enormous business opportunities and business growth.
The 100% foreign ownership, zero taxation, full profit repatriation, world-class business infrastructure, wide networking opportunities, business-friendly laws, etc. makes Dubai the perfect choice for setting up a business.
The robust banking network, safety, improved lifestyle drive the foreign investors to settle in Dubai with their families and grow the business in the region.
How do Business Consultants help in setting up a business in Dubai?
The role of Business Consultants in setting up a business in Dubai is undeniable. The business Consultants will handle end-to-end support services for the investors during the process of setting up the company and beyond.
With the availability of several Free Zone business setup packages, business activities, and office types, choosing the right company package at the lowest cost is important and the consultants will guide the investors with the same.
To know more about Starting a Company in Dubai, talk to our expert team right away!
Contact us: Aurion Business Consultants