What is the process for initiating a Business in Dubai as a Foreigner?

Following are the steps that you must follow to start a new business in Dubai for foreigners:

Step 1 – Work with Shuraa

Establishing a business in Dubai involves certain paperwork, particularly for non-residents, although the process is designed to be straightforward. As a result, it’s essential to deal with a local specialist like Shuraa at this time. We can ensure that all of your documentation is correct and in order before proceeding with your application.

Step 2 – Choose your Business Activities

The sort of business operations you want to do will influence the optimum structure and license type for your company. For example, if your company operations are classified as industrial or manufacturing, you will need an industrial license. A commercial license is required if you work in the business sector, which includes purchasing and selling items.

Step 3 – Free zone or Mainland

The Shuraa team can advise you on the optimal location for your business based on a brief consultation. There is no easy answer to this issue; it will be determined by your personal circumstances as well as the sort of business you desire to establish.

Step 4 – Choose a Company Name

The process of naming a corporation in Dubai is unique compared to the majority of other regions around the world. Essentially, you must follow a set of naming rules.

Any rude or profane words should be avoided. Avoid well-known company names and acronyms if naming your firm after yourself. Before registering your selected name, Shuraa can check to see whether it is available.

Step 5 – Apply for your License

Now comes the important part: applying for your trade license. If you are establishing a business on the mainland, you should apply to the proper agency, such as the Dubai Department of Economic Development (DED). If you are establishing a business in a free zone, you can apply to the controlling authority by taking the assistance of the Shuraa team.