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Setting up a business in Dubai involves several steps that must be followed carefully to comply with UAE laws.
Choose Your Business Activity
The UAE government classifies business activities into categories such as commercial, industrial, and professional. Choosing the correct activity ensures proper licensing and regulation under the DED or Free Zone authority.
Select a Legal Structure
Your company structure, whether an LLC (Limited Liability Company), sole proprietorship, or branch office, determines ownership rights, taxation, and liability.
Reserve a Trade Name and Get Initial Approval
The trade name represents your brand identity. It must follow DED’s naming conventions, avoiding religious or political terms. After name approval, you’ll receive an initial permission certificate to proceed.
Prepare and Submit Documents
Gather essential paperwork such as passport copies, Memorandum of Association (MOA), lease agreement, and approval forms. Submit them to the Department of Economic Development (DED) or the relevant Free Zone Authority.
Obtain Your Dubai Business License
Once all approvals are complete, you’ll receive your Dubai business license, which legally allows your company to operate. Depending on your business type, you may also need additional approvals from government departments.
Open a Bank Account
After obtaining your license, open a corporate bank account in Dubai to manage your financial transactions securely. Most UAE banks require a valid license, shareholder details, and proof of business activity.