To start a business in Dubai, you will need to follow these general steps:
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Determine the legal structure of your business: The first step is to determine the legal structure of your business, whether it will be a sole proprietorship, partnership, limited liability company (LLC), or another type of entity. The legal structure will determine the ownership, management, and liability of your business.
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Choose a business activity and trade name: You will need to choose a business activity that is permitted in Dubai and obtain any necessary licenses and permits. You will also need to choose a trade name for your business that is not already taken and complies with the naming conventions set by the Dubai Department of Economic Development (DED).
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Apply for initial approval: You will need to apply for initial approval from the DED, which involves submitting your business plan, passport copies of the shareholders, and other documents as required.
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Reserve a business name and register the company: Once your initial approval is granted, you can reserve your business name and register your company with the DED. This involves submitting your company documents, such as the memorandum of association and the articles of association, and paying the required fees.
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Obtain any necessary licenses and permits: Depending on your business activity, you may need to obtain additional licenses and permits from various government agencies in Dubai, such as the Dubai Municipality, the Dubai Chamber of Commerce and Industry, and the Dubai Civil Defense.
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Find a physical location for your business: You will need to find a physical location for your business, such as an office or a shop, that complies with the regulations set by the Dubai Municipality and the DED.
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Open a corporate bank account: You will need to open a corporate bank account in Dubai to conduct your business operations.
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Hire employees and obtain visas: If you plan to hire employees, you will need to obtain their work visas and residence permits from the General Directorate of Residency and Foreigners Affairs (GDRFA).
It's important to note that the process and requirements for starting a business in Dubai may vary depending on the legal structure and business activity. It's recommended to check with the relevant authorities and seek professional advice for the latest information and requirements.