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Discover the most common questions
How do I form a business establishment in Dubai's mainland?
In order to establish a business in Dubai mainland, the initial steps involve selecting and reserving your business name, followed by selecting a suitable business activity from the official list. Subsequently, securing a physical office space is necessary, drafting and signing the Articles or Memorandum of Association (MOA), having it notarized, and then proceeding to submit all relevant documents and applications to Dubai Economy & Tourism (DET).
What are some common challenges faced when setting up a business?
1. Uncertainty about where to begin.
2. Not knowing which legal structure is right for you.
3. Difficulty in selecting the appropriate business activity.
4. Lack of awareness of alternate options that may be more suitable based on the activity.
5. Failure to align choices with the long-term needs of the business.
6. Attempting to cut corners, leading to costly consequences in the future.
7. Ignorance of potential 'hidden costs' that may arise later in the process.
Leveraging expertise not only streamlines the process but also positions your business for success right from the start.
Can a foreigner start a 100 % ownership company in Dubai UAE?
Yes, foreigners can establish 100% ownership companies in certain free zones in Dubai, UAE.
What are the licensing criteria for establishing a business in Dubai Mainland?
The specific licensing prerequisites vary according to your business activity. Common types of licenses comprise commercial, professional, and industrial licenses. The cost of a Dubai mainland license fluctuates depending on the license type and other variables. We're here to assist you in navigating the licensing procedure.