Steps to set up a Business in Dubai

Dubai, emerging as one of the dream destinations for many

entrepreneurs. Business Setup in Dubai is made economical in such a way that
any budding entrepreneur could easily make up his mind and start his planning to
set up Business in Dubai. In this blog, I would like to highlight the 10 basic steps
involved to Set up a Business in Dubai.

Steps to set up Business in Dubai:

 Once decided to start a business, the first important thing to be taken into
consideration is the business activity and the business model.
 After the activity has been finalized, it is advisable to approach a
right Business Consultant who could guide and take through the process of
the company set up within the legal framework.
 Once discussed with the consultant on various options to set up business in
Dubai, the decision is to be made on where to Set up the Business which
completely depends on the business plan.
 Further, the decision of a suitable business trade name plays a vital role in
the success of any business. And in Dubai, it is mandatory to have the trade
activity to be reflected in the trade name. for eg: if the activity decided is
General Trading then the business name has to be XYZ GENERAL TRADING
LLC.
 The next step would be identifying a reliable UAE National Partner / Service
Agent as this is a mandatory requirement to setup Mainland Business setup
in Dubai.
 Proceed with the initial approval and the Memorandum or the Local agent
agreement signing to the registration process.
 Finalizing in the office is the next milestone. But the size and the budget of
the office completely depends on how big or small you want it and also
depends on the total number of employees you want to hire.
  Of lately economic department also issues licenses on shared spaces or
sustainability centers also called as co workspaces.
 Once the office contract is ready we proceed with the final submission, pay
the required fees and get the Licenses.
 With this step officially the company has been incorporated and further to
have the bank account process done then the residency visa is mandatory. A
maximum of 2 partners on the license are eligible to have the partner’s visa
from the company.

The above are the basic steps involved in the Business Setup in Dubai. It will
surely be a seamless approach when guided through and experienced and reliable
Consultants. We at CleverCorp, provide reliable Business Advisory Services in
Dubai and other parts of UAE. With a team of professional advisors, your Business
Setup journey is safe and secure. Contact us for more information on how to set
up Business in Dubai and other Emirates. Call us
at +97145804048 or +971586412031. You also drop us an email
at info@theclevercorp.com