If you’ve just begun your first business venture in Dubai, You may be contemplating what you must do to establish your own company. This article will discuss the various aspects involved in starting a business in Dubai, the associated costs of licensing and clearance of documents, office space availability, and the experience of Arab Business Consultant consultants. After going through this post, you’ll already be on your way to establishing the business you want to run.
There are numerous legal Procedures to establish your business within the UAE. It doesn’t matter if it’s an office, branch, representative office, professional partnership, or sole proprietorship; you must comply with the following steps before starting your business from Dubai. Establishing an organization in Dubai involves dealing with several government and institutional bodies to obtain approval for your company.
First, you’ll need to choose the name you want to use for your business. Once you have decided on your name, you’ll have to file the necessary documents. The memorandum of incorporation must include all of the information required and the resolutions of your company’s board and power of attorney. You’ll need an assurance from a bank of at least AED50,000. When all the required documents are ready, you will be able to begin the application.