{"id":5111,"date":"2021-10-05T09:55:54","date_gmt":"2021-10-05T09:55:54","guid":{"rendered":"https:\/\/itqanblog.digitalmsa.com\/itqanblog\/?p=5111"},"modified":"2024-05-05T10:46:13","modified_gmt":"2024-05-05T10:46:13","slug":"how-to-start-a-business-in-dubai-discover-with-itqan","status":"publish","type":"post","link":"https:\/\/itqans.com\/en\/how-to-start-a-business-in-dubai-discover-with-itqan\/","title":{"rendered":"Discover How To Start a Business In Dubai with ITQAN"},"content":{"rendered":"\r\n<p class=\"has-text-align-left\">Nowadays, Emirates has become the preferred business destination for all those who want <a href=\"https:\/\/itqans.com\/blog\/how-to-start-a-business-in-dubai-discover-with-itqan\/\" data-type=\"post\" data-id=\"5111\">to start a business<\/a> in the MENA region<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">Out of the seven emirates, Dubai has the lion share in tourists and <a href=\"https:\/\/itqans.com\/blog\/the-ultimate-guide-for-property-investment-in-dubai-for-expats\/\" data-type=\"post\" data-id=\"5530\">investors <\/a>interests, due to its central location, rich investment market, and fast-paced growth, besides the limitless opportunities it offers with many privileges and credit for investors and business owners\u00a0<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">Business is a legal entity that is registered in Dubai DED, which is\u00a0subject to The\u00a0UAE Federal Law No.\u00a02 of 2015\u00a0on\u00a0<a href=\"https:\/\/itqans.com\/blog\/how-to-obtain-a-trade-license-in-dubai-instantly\/\" data-type=\"post\" data-id=\"5386\">Commercial Companies<\/a>.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">So, if you want to start your own business in Dubai, whether it is a small or a big business,\u00a0many steps need to be taken first.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">Such as how to set up your business in Dubai, business investment opportunities and \u2026etc.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">Just read on<\/p>\r\n\r\n\r\n\r\n<h2 class=\"has-text-align-left wp-block-heading\"><strong>Key Steps To Start A Business In Dubai<\/strong><\/h2>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>Determine business type\/business activity<\/li>\r\n<li>Get pre-approvals<\/li>\r\n<li>Choose an office space<\/li>\r\n<li>Approval\/ Permit of all concerned parties<\/li>\r\n<li>Register Trade Name\u00a0<\/li>\r\n<li>Get The License<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>Let&#8217;s delve into more details\u2026<\/p>\r\n\r\n\r\n\r\n<h2 class=\"has-text-align-left wp-block-heading\">Key steps to set up a business in Dubai<\/h2>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">The UAE government offers many concessions and facilitation to help investors start an investment activity on its land, but some steps need to be followed carefully to start your own business properly.<\/p>\r\n\r\n\r\n\r\n<p dir=\"ltr\"><strong>This process can be broken into several phases.<\/strong><\/p>\r\n\r\n\r\n\r\n<h3 class=\"has-text-align-left wp-block-heading\"><strong>Determine business type\/business activity<\/strong><\/h3>\r\n\r\n\r\n\r\n<p dir=\"ltr\"><br \/>Talking about determining the business type or business activity, enterprises can be classified into 3 types according to their business activities:<\/p>\r\n\r\n\r\n\r\n<p dir=\"ltr\"><br \/>&#8211;\u00a0<strong><a href=\"https:\/\/itqans.com\/blog\/how-to-obtain-a-trade-license-in-dubai-instantly\/\" data-type=\"post\" data-id=\"5386\">Commercial<\/a><br \/>&#8211; <a href=\"https:\/\/itqans.com\/blog\/how-to-get-a-professional-license-in-dubai\/\" data-type=\"post\" data-id=\"5461\">Professional<\/a><br \/>&#8211; <a href=\"https:\/\/itqans.com\/blog\/how-to-get-an-industrial-license-in-dubai\/\" data-type=\"post\" data-id=\"5459\">Industrial<\/a><\/strong><\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\"><br \/>Identifying the activity of the business, in turn, helps in determining several things, the most important of which is the type of business, its legal form, and the bodies from which Permission needs to be obtained. The following are the legal forms of the companies and the activities allowed in the Emirates:<\/p>\r\n\r\n\r\n\r\n<h3 class=\"has-text-align-left wp-block-heading\"><strong>Determine the <a href=\"https:\/\/itqans.com\/blog\/reasons-to-explan-fast-business-builder\/\" data-type=\"post\" data-id=\"435\">legal form<\/a> of the business:<\/strong><\/h3>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\"><br \/>Your business\u2019 legal form must be determined to register your commercial activity in the relevant authorities, such as the authority of Economic Development.<br \/>According to the legal form, businesses are divided into five types:<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">\u00a0\u00a0\u00a0A Limited Liability Company. (LLC.) &#8211;<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">\u00a0\u00a0\u00a0\u00a0\u00a0Limited Partnership (LP) &#8211;<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">\u00a0\u00a0\u00a0\u00a0\u00a0Public shareholding company-<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0A public works company-<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">\u00a0\u00a0\u00a0\u00a0\u00a0Private Joint Stock- \u00a0<\/p>\r\n\r\n\r\n\r\n<h2 class=\"has-text-align-left wp-block-heading\"><a href=\"https:\/\/itqans.com\/blog\/company-formation-in-dubai\/\" data-type=\"post\" data-id=\"5410\">Get pre-approval<\/a><\/h2>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">After completing the initial steps in the process of starting a business, you can get pre-approvals to help you get the approvals of all parties involved when necessary.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">But foreign investors must get the approval of the directorate of residence and foreign affairs before getting the pre-approval.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"has-text-align-left wp-block-heading\">Choose an Office Space<\/h2>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">This step is so crucial in starting a business in Dubai, as all businesses must have an actual and physical location in the city, besides a certified lease accredited by the Emirate of Dubai&#8217;s Real Estate Regulatory Authority to receive a license. ITQAN will help you deal with all legal procedures and finding rental offices in Dubai.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\"><strong>When picking a place for your business many things should be considered<\/strong><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>The owner of the new license or the partner, who is a citizen must be the owner or partner of the site-based license.<\/li>\r\n<li>Total number of licenses owned by a citizen should not exceed 10 under a multi-license system on the same site.<\/li>\r\n<li>The company should be At least 200 square feet\u00a0<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 class=\"has-text-align-left wp-block-heading\">Approval by stakeholders<\/h2>\r\n\r\n\r\n\r\n<p dir=\"ltr\">The different activities of the company require the approval of some concerned parties, such as the <a href=\"https:\/\/www.moec.gov.ae\/en\/home\">Ministry of Economy<\/a> for the insurance business,\u00a0Ministry of the Interior for transport-related business,\u00a0<a href=\"https:\/\/www.moj.gov.ae\/en\/home.aspx\">Ministry of Justice<\/a> for legal advisory business, and <a href=\"https:\/\/www.dcd.gov.ae\/\" class=\"broken_link\">The Civil Defense<\/a> for the activity of selling firefighting equipment<\/p>\r\n\r\n\r\n\r\n<h2 class=\"has-text-align-left wp-block-heading\">Trade Name Registration<\/h2>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\"><br \/>The business name of the company plays an essential role in determining the type of license to be granted to it, many standards and norms should be taken into consideration when picking a name for your business the suitable name<br \/>Void of inappropriate words or any form of public morals violation.<br \/>Not used by another company.<br \/>Reflects the business activity.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"has-text-align-left wp-block-heading\">Getting The <a href=\"https:\/\/itqans.com\/blog\/5522\/\" data-type=\"post\" data-id=\"5522\">License<\/a><\/h2>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">When all the previous steps have been completed, you can get the license after just a few more simple steps:<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">Annex documents required for previous steps and submit them to the Economic Development Service<br \/>&#8211; Payment of commercial license fees<br \/>&#8211; Registration of membership in the <a href=\"https:\/\/www.dubaichamber.com\/\">Chamber of Commerce<\/a><\/p>\r\n\r\n\r\n\r\n<h2 class=\"has-text-align-left wp-block-heading\">Conclusion<\/h2>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">Finally, after getting a membership of the Dubai Emirate Chamber of Commerce, you can launch your business and start your business operations.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">keep up with the ITQAN\u00a0<a href=\"https:\/\/itqans.com\/blog\/en\">blog<\/a>\u00a0through which we aim to provide all the information you need in this industry.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-text-align-left\">So, if you face any difficulties at any stage in the establishment of your companies or have any legal or commercial inquiries, feel free to\u00a0<a href=\"https:\/\/itqans.com\/en\/contact-us\/\">contact us<\/a>\u00a0to seek consultation at any time.<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Nowadays, Emirates has become the preferred business destination for all those who want to start a business in the MENA region Out of the seven emirates, Dubai has the lion share in tourists and investors interests, due to its central location, rich investment market, and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":7046,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[25],"tags":[17395,9270,17403],"class_list":["post-5111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-25","tag-business-setup-en","tag-business-setup-in-dubai-en","tag-business-setup-services-in-dubai-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.0 (Yoast SEO v23.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Discover How To Start a Business In Dubai with ITQAN - ITQAN<\/title>\n<meta name=\"description\" content=\"If you want to start your own business in Dubai, whether it is a small or a big business,\u00a0many steps need to be taken first. 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