Monday, January 25, 2010

Setting Up Office in Dubai

When setting up office in Dubai, there are things that you need to consider and have a look at. Though the process is and requirements are easy, it is better to have a look through the requirements I will mention below and on my future post when setting up in Dubai.

When settting up a business within Dubai, the business entity used must fall within one of the 7 business categories stipulated in Federal Law no 8 of 1984 Concerning Commercial Companies (as amended by the Federal Law no 15 of 1998) (the Companies Law).

Moreover, a trade license must be obtained from the Dubai Department of Economic Development (the DED) prior to the entity commencing commercial activities. Some business sectors may also require further approval from various ministries and/or other authorities. Certain commercial activities are restricted to UAE nationals or companies fully owned by UAE nationals.

33 comments:

  1. I think when it comes to starting a business, it's stressful enough without having to worry about legal matters. Great information about company formation in Dubai. Trade license is hard to get it done in Dubai.

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  6. If you want to get an idea on the amount of money required to start a company in Dubai, check out the DED website Dubaided.gov.ae and choose the "English" option on the upper left hand side of your monitor. This is only if the website reads in Arabic. Once you're in the English mode, navigate to the eservices menu where you could do the cost simulation. For more information on DED License in Free Zone visit https://www.dubaimainland.com/dubai-economic-department-license.php

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