Question 1

Can a foreigner establish a business in the UAE?

Accepted Answer

Yes, and many foreigners do, set up shop in Dubai. Over 80% of the residents are foreigners, and many of them own their own enterprises. Dubai aggressively welcomes foreign investors and entrepreneurs.

Question 2

How quickly can I integrate?

Accepted Answer

Each state has a different turnaround time for the formation of a company in Dubai. It might take a few business days to a few months, and occasionally even longer. BUt through Vakilsearch we can get it done in just 7 to 10 days.

Question 3

How much does it cost for the formation of a company in Dubai?

Accepted Answer

It is a low cost business set up in Dubai. Each free zone has a separate minimum share capital requirement that can range anywhere between AED 1,000 and AED 1,000,000 depending on the business activity and permissions. The usual share capital minimum for Dubai free zones is AED 50,000.

Question 4

What types of businesses can I start in the UAE?

Accepted Answer

Businesses with a lot of potential include those in the e-commerce, beauty and fitness, employment, online trading, and cleaning services sectors.

Question 5

What is the cost to start a business in Dubai?

Accepted Answer

The cost of starting a business in Dubai can vary significantly depending on the type of business, its location (mainland or free zone), and the specific requirements. Generally, the cost may include license fees, registration fees, office space rent, visa fees, and other associated expenses. It's advisable to consult with the Dubai Department of Economic Development or a business setup consultant for precise cost estimates.

Question 6

How To Get Investor Visa In Dubai?

Accepted Answer

To obtain an investor visa in Dubai, you typically need to follow these steps:

Choose your business structure (LLC or Free Zone Company).

Meet the minimum investment requirements.

Register your business with the relevant authorities.

Open a corporate bank account and deposit the required capital.

Apply for an investor visa through the General Directorate of Residency and Foreigners Affairs (GDRFA).

Undergo the necessary medical tests and security checks.

Once approved, you will receive your investor visa, which allows you to live and work in Dubai.

Question 7

How to start a business in a Dubai free zone?

Accepted Answer

Starting a business in a Dubai free zone involves the following steps:

Choose a suitable free zone based on your business activity.

Select a company name and get it approved by the free zone authority.

Submit your business plan and necessary documents to the free zone authority.

Pay the registration and licensing fees.

Obtain the necessary permits and approvals for your business activity.

Lease office space or a warehouse within the free zone.

Apply for an employee or investor visa if required.

Once all requirements are met, you can start operating your business within the free zone.

Question 8

Can an Indian set up a company in Dubai?

Accepted Answer

Yes, an Indian can set up a company in Dubai. Dubai welcomes foreign investors, including Indians, to establish businesses in various sectors. You can choose to set up a mainland company or a free zone company, depending on your business goals and requirements. However, it's essential to comply with the specific regulations and procedures set by the Dubai authorities for foreign investors.

Question 9

How can I start my own business in Dubai from India?

Accepted Answer

To start your own business in Dubai from India, follow these steps:

Conduct market research to identify a viable business opportunity.

Choose the appropriate business structure (mainland or free zone).

Develop a detailed business plan.

Register your business with the relevant authorities in Dubai.

Fulfill the investment and capital requirements.

Secure the necessary licenses and permits.

Open a corporate bank account in Dubai.

Obtain the required visas for yourself and your employees, if applicable.

Lease office space or set up operations in a free zone, as per your business plan.

Begin operating your business in compliance with Dubai's laws and regulations.

Setup Your Business in the UAE/Dubai

FAQ's on Setup Your Business in the UAE/Dubai