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How to Start a Company in Dubai 2022

How to Start a Company in Dubai 2022

٠٤ مارس How to Start a Company in Dubai 2022

How to establish a company in Dubai? This question is one of the most frequently asked questions recently, due to the role the Dubai government has played in supporting entrepreneurs and investors, providing investment opportunities, combating unemployment, and advancing the economy. So, if you’re also wondering how to establish a company in Dubai, this article will provide you with the knowledge you need to become an investor in Dubai.

How to Start a Company in Dubai 2022
How to Start a Company in Dubai 2022

How to Start a Company in Dubai

The UAE government plays a prominent role and is making numerous efforts to help establish a system for investors looking to establish a company in Dubai. This is achieved through initiatives, incubators, and the provision of funding and grants.

Dubai’s strategic location also plays a role in attracting entrepreneurs and providing them with the necessary grants and funding from investors.

Establishing a company in Dubai requires several procedures and licenses stipulated by the Department of Economic Development and other relevant authorities.

Steps to Establish a Company in Dubai

The answer to the question of how to establish a company in Dubai includes the following steps:

  • Determining the nature of the company’s activity
  • Determining the nature of the company’s activity is the first answer to how to establish a company in Dubai and contributes to facilitating procedures. The nature of the company’s activity is classified as commercial, industrial, or professional.

Determining the legal form

The legal form of the company is determined based on the nationality of the owners.

Registering a Trade Name
The company’s trade name is a necessary and important step, as it distinguishes one trade license from another and is linked to the company’s activity.

Initial Approval
Obtaining initial approval from the relevant authorities.

Choosing a Business Location
The company must have a physical headquarters in the UAE and meet the necessary conditions and licenses.

Approval of Relevant Authorities
Some commercial projects require additional approvals from other relevant authorities, such as the Ministry of Interior, the Ministry of Civil Defense, the Ministry of Justice, and the Ministry of…

Obtaining a Professional License
One of the steps to answering the question of how to establish a company in Dubai is obtaining a professional license. Investors need a professional license to practice the profession, and the time required to obtain a license is not long.

However, they vary depending on the nature of the activity to be pursued and the legal form of the company. Some commercial activities require approval from more than one government agency to establish a company in Dubai.

To facilitate the process of obtaining a professional license, the UAE government has provided a wide range of facilities and services for investors and business owners to answer questions about how to establish a company in Dubai.