Located in Middle East’s largest business hub and the crown jewel of UAE, Dubai makes a soundly attractive destination to work, invest and live. Rich with oil resources, better yet, abundant with business setup prospects, the UAE ranks in world’s most economically stable and tourist favorite locations. While it allows numerous opportunities for foreign investors in its different sectors, setting up a company in Dubai requires informed and calculated decision making to incorporate a setup that is rightly equipped to service the businesses unique needs. Here is a brief overview on the steps involved to Register a company in UAE.
Business Activity and Jurisdiction
First you must declare the business activity you intend to practice in UAE. This helps in deciding the right legal form and business vehicle for your company. A company involved in export and import of goods to trade internationally will work best in a free zone jurisdiction. Similarly, a services venture will run far better as a mainland LLC.
Securing Trade Name
A trade name allows the business to legalize its footprint in all government documentation and initiate its marketing operations to build corporate identity in the local as well as international markets. A good trade name effectively reflects the company’s business goals and objectives to client.
As a melting pot of cultures, Dubai houses over 200 different nationalities in its diverse expat community. This highly facilitates the recruitment process, giving abundance of talent in almost every sector. The business can also seek consultancy from a professional business setup agency to help with HR and Recruitment process.
The last and final stage involves renting an appropriate work space for conducting business operations. Again, UAE’s specialized and state of the art infrastructure allows a variety of options for investors to purchase or lease an office space in affordable and flexible payment plans. Options include serviced office, furnished office, flexi-desk and even virtual office.