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cost of setting up a business in Dubai

What Is the Cost of Setting Up a Business in Dubai?

Start your business effortlessly in the UAE from the UK with Shuraa, your trusted expert for the cost of setting up a business in Dubai. The highly supportive UAE government encourages minimal company set-up costs to promote profitable business opportunities among expats. Moreover, Dubai ranks 25th in the World Bank’s Ease of Doing Business ranking record.   Dubai is the Middle East business hub that offers world-class broadband, zero income tax, and entrepreneur-friendly business laws. Undoubtedly, it’s the right time for UK investors, businessmen, and entrepreneurs to start a business in Dubai.   In this article, you will gain detailed information on the benefits, necessary documentation, and the cost of setting up a company in Dubai. Types of Costs Involved in Setting Up a Company in Dubai  If you are a UK entrepreneur planning to set up a business in Dubai, go through the list of below-mentioned business establishment costs.  1. Cost of Company License  The most common type of company license is the trade license in Dubai. It is popularly known as a commercial license that designates most of the business activities that any UK investor can carry out while doing business across the UAE.   The license fee is a recurring cost that needs to be paid every year. The different types of permits needed to launch a company in Dubai are professional, industrial, tourism and commercial licenses. Further, the cost of setting up a business in Dubai relies on the kind of business activities you choose.   2. Business Registration Fee The exact registration fee will depend on your business’s legal structure and the chosen location (Free Zone or Mainland). However, the registration cost of a business in the Dubai Free Zone does not vary exceptionally; it is generally about AED 10,000 to AED 30,000.   On the other hand, business registration in Dubai Mainland can cost you a little more than registration in the Free Zone. Moreover, UK businessmen now enjoy 100% ownership of the LLC companies in Dubai. Further, there is no need of any UAE national to sponsor your business.     3. Expense on Securing Office Space UK investors need to have an office space in Dubai to run business smoothly. An office address is needed as all the legal documentation & notices will be sent to this address only. The rent of office space in Dubai is charged per sq feet annually.   Moreover, a few rental office spaces in the free zone offer desk spaces to fit your company’s needs, including smart, well-functioning and flexible desks.   4. Share Capital  The cost of setting up a company in Dubai also includes the share capital amount. The minimum share capital of a company operating in the free zone can cost you between AED 10,000 and AED 1,000,000 as per your trading licenses and activities. On average, a UK investor can expect a preferable share capital of AED 50,000 for a Free Zone-based company.   The UAE Business Law does not imply any minimum share capital, but the company must have adequate capital for its establishment. You can expect a minimum share capital of AED 1,00,000 for a business set up in Dubai mainland.    5. Trademark Registration Fee  UK investors need to pay a trademark registration fee while setting up a business in Dubai. Moreover, an additional fee is charged to publish your trademark in an official journal. Further, after the validity gets over, you get a time period of 3 months to renew the registration.   However,  if you fail to renew the trademark within the given time frame, a fine is levied for every delayed month. Additionally, after submitting the renewal form, you need to pay for the trademark renewal too.   Documents Required to Set Up a Company in Dubai The necessary documents that a UK investor, businessman, or entrepreneur needs to submit to the concerned authorities for establishing a company in Dubai are:   Passport of the shareholders  Passport size photograph  Entry stamp or Visa page  For more details, feel free to contact us.   Advantages of Setting Up a Business in Dubai Below is the list of benefits that an investor based out of the UK can avail on setting up a company in Dubai:   1. Central Point for Global Trade By setting up a business in Dubai, a UK businessman gets access to all Middle East markets. Further, you will get access to markets in Africa, Asia, and Eastern and Southern Europe. Moreover, all this international trade is supported by state-of-art maritime ports and airports. This makes doing business in Dubai an attractive venture for UK investors and other expats.   2. Tax Benefits  Dubai offers a complete tax exemption, be it a personal, income or corporate tax. However, only a few businesses may have to pay a standard rate of 5% VAT on specific business practices. Business activities that fall under tax duties are foreign banks and oil-based companies. Further, the excise tax is levied on certain goods that are harmful to the environment or human health.  3. Quality Life With an endless plethora of cultures, strong infrastructure, world-famous shopping stores and restaurants, UAE offers many reasons for UK investors to relocate to Dubai. Further, the sunny climate, strategic location and top-class logistical facilities make Dubai a perfect location for UK entrepreneurs to start a business in Dubai.  4. Supportive Government  Business-friendly rules and policies aim to make doing business set-up in Dubai quick, easy and profitable. In Dubai, the government offers a supportive climate to empower foreign businesses. This further helps any UK investor to set up, run and achieve long-term business sustainability in Dubai.   Cost of setting up a business in Dubai The total cost of setting up a business in Dubai would be anywhere between AED 25,000 to AED 40, 000 ( USD 6,806 to USD 10,890 ) depending upon your business activity and location. However, the set-up cost may vary depending on your business activities and location (i.e. Mainland or Free Zone). In addition to this, there are a few extra
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start an event management in Dubai

How to Start an Event Management Company in Dubai? 

Start your business effortlessly in the UAE from the UK with Shuraa, your trusted expert for Starting an Event Management Company in Dubai. Dubai is famous for its events worldwide. Moreover, Dubai’s nightlife and high-income potential excite foreign investors to start an event management company in Dubai. As per stats, events in DWTC (Dubai World Trade Center) contribute about 3.28 Billion to the economy of Dubai. Further, events in Dubai have seen an annual growth of 25% in recent years.   Whether it is a sporting event, the Grand Dubai Expo, or a cultural spectacle, organising events in Dubai are worth earning. Therefore, if you are a UK investor, entrepreneur, or businessman, opening an event management business in Dubai is a beneficial choice for you. Do read the blog till the end to know about everything related to the profitable event management business in Dubai.   Benefits of Starting an Event Management Company in Dubai Are you a UK investor looking forward to starting an event management company in Dubai? Here is a list of the top 6 benefits one can enjoy on opening an event company in Dubai.   1. Low-Risk Business An event management company in Dubai ranges from small to long term investments. A UK entrepreneur can open his/her event organising company with a minimum capital too. There is no need to invest in things like- office space, business equipment or any fixed costs. The downside business risk in an event organising company is always low.   2. Repeat Customers  Dubai being the hub of exciting and large events opens gates for UK investors to enjoy repeat customers in their event management businesses. Event organising involves a lot of communication, politeness and a positive relationship with clients. Therefore, it is easier for event management businesses to get repeat customers in Dubai.   Moreover, corporate events can be the highest repeated customers for you, if your business does well.   3. Huge Industry For Events  Event organising companies enjoy an effective rate of growth. The majority of foreign investors invest in event organising setups to fulfil the needs of the growing developed city- Dubai. People get physically and emotionally linked with good event management companies. Well, it only needs a team effort to conduct such events.   4. Multiple Visa Options  Flexible visa choices are available for UK investors in Dubai. Visas can be easily availed by the event organising licenses. This is one of the major reasons for the popularity of the event management business among UK investors. Any UK entrepreneur or investor can quickly avail their visa and have the booming opportunity to apply for more according to their company growth and needs.   5. Location Accessibility  Dubai has amazing locations and has smooth accessibility to resources. Starting an event management business in Dubai can offer significant benefits as Dubai gets corporate individuals and visitors from around the globe.   Many companies in Dubai rely on good event management companies to arrange ceremonies, events, and conferences and thus offer an excellent choice to UK investors for starting an event organising company in Dubai.   6. Endless Income Scope Irrespective of what time of the year is, Dubai has always had something happening. It offers great opportunities to UK investors to start an event organising company and earn money. With multitude of events happening in Dubai throughout the year, there is a lot of business opportunity.   How to Start an Event Management Company in Dubai? To start an event management company in Dubai, you need to get licenses and approvals from legal authorities. From deciding on a business name to the smooth running of the company, here is a step-by-step process that any UK entrepreneur can follow to establish an event management company in Dubai:   1. Select Your Business Activity Make a layout of the kind of business activities you like to carry out within your event management company. The event activities can be wedding planning, party organising, fashion events, organising meetings, exhibitions, conferences, etc.   Pro tip: Try to choose the services in which you have a stronghold and the ones that can make maximum profits for you. Avoid being a jack of all trades, rather stay on the safer side and offer services that can be best for you.   2. Select a Company Name UK investors or entrepreneurs need to follow rules on naming the event management company. Your company name should be attractive, have never been used before, do not hurt any religion, and must not be an abbreviation.   3. Select the Right Jurisdiction Choosing the business jurisdiction is necessary before getting it licensed. You are free to Start the event management company in Dubai across two zones, i.e. Mainland and Freezone.   Mainland companies can be a direct business with local markets. Whereas, in a free zone, a UK investor may set up an event-based company and carry out services as many he/she wishes, but needs to specify the company activities while undertaking a business license.   4. Apply For a License You need to approach DED (Department of Economic Development) to avail the event management license in Dubai. Any foreign investor needs to submit an application form, needed documents, and paperwork for starting an event management business in Dubai. 5. Bank Account & Visa Application Lastly, you should have a visa for yourself, your partners or any employees in order to open a business account. Moreover, the number of visas you require depends on the kind of license and the size of your event management company in Dubai.   Documents Required To Start Event Management Business The required documents that a UK investor, businessman, or entrepreneur must have for an event management business set up in Dubai are Passport copies of shareholders.  Visa page or Entry stamp.  Passport size Photograph.  Cost of Setting Up an Event Management Company in Dubai  The Cost of Setting up an Event Management Company in Dubai varies from around AED 14,900 to AED 20,000. Moreover, there is no need for upfront paid share capital for event businesses
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Open a Restaurant in Dubai

How to open a Restaurant in Dubai?

Shuraa offers comprehensive support for opening a restaurant in Dubai from the UK, including licensing, legal compliance, and operational guidance tailored for success. Entrepreneurs and business investors in the UK are no aliens to the food industry. A home for mouth-watering delicacies and luxurious cuisines – the UK is on everyone’s list when it comes to food.  Therefore, if you want to open a restaurant in Dubai, you’re headed in the right direction. Dubai enjoys a massive influx of tourists each year and the numbers continue to grow exponentially.  Tourism in the Emirates and the overall love that all the citizens also have for food make it a profitable venture to invest your money in. You can connect with the business experts at the Shuraa UK branch, and we’ll help you establish your restaurant business in Dubai.  What is a restaurant business in Dubai?  Opening a restaurant in the UAE is an excellent investment choice if you have sufficient knowledge about how this industry works. A restaurant business offers delectable meals alongside a good ambiance and a wholesome food experience.  Be it a fine dining outlet, eatery, fast food corner, cafe, or any other food-related venture – all must follow the “food code” protocols established by the government.  The best part is that you can launch your restaurant business in the mainland region as well as in any of the free zones. A mainland establishment gives you the freedom to trade within Dubai and all across the UAE.  Free zones, on the other hand, have their own benefits. Some of these include cost-effective business formation, hassle-free resource availability, lenient business laws, and much more.  Steps to opening a restaurant in Dubai The UK’s entrepreneurs can follow the steps mentioned below to launch a restaurant in the UAE: 1. Devise a business plan “A goal without a plan is just a wish” is a statement that truly highlights the importance of planning in the business world. Therefore, spend sufficient time to devise the perfect business plan for your restaurant business in the Emirates.  Study your competitors, identify your shortcomings, and blend them all together to come up with unique propositions for your food venture. Prioritise food quality over everything else since it’s a differentiator that can help you generate sizable revenue right from the start.  Pay attention to the packaging boxes and containers used for home delivery orders. In addition, don’t hesitate to experiment with your offerings and be open to taking constructive feedback from your customers. 2. Choose a location Where do you want to open a restaurant in Dubai? Will it be in the mainland region, or you’ve already finalised a free zone for your food venture? All these questions must be answered before you open your company in Dubai.  DMCC (Dubai multi commodities centre) is a prominent free zone for launching a food company in Dubai. It’s better to avoid industrial and residence-oriented free economic zones for opening a restaurant as it limits your reach.  Furthermore, understand the demographics of your target audience and make an educated decision regarding your restaurant’s location. You can connect with the location experts at the Shuraa UK branch if you’re unable to decide on the ideal business location for your business. 3. Secure the required licenses You can’t conduct any business activities in the UAE if you don’t have a legitimate trading license. Therefore, investors should secure a food license from the Department of Food and Safety to get started.   Next, you can apply for a trading license that you can get from the DED or the concerned jurisdiction. However, that’s not it. You also need to obtain consent from the DTCM (Department of Tourism and Commerce Marketing).  You can start your business operations legally once you have all these approvals alongside a valid trading license. Furthermore, don’t forget to renew your restaurant license in Dubai annually. 4. Apply for additional approvals Business activities like foodstuff trading, procurement, serving of alcohol, etc., require additional approvals from the concerned administrative bodies. Therefore, you must secure these first before you proceed with your operational activities.  You don’t need to worry about these approvals when you work with the licensing professionals at the Shuraa UK branch. We provide end-to-end business assistance at highly competitive prices. 5. Finalise the menu and restaurant’s layout Having a minimum area of 750 sq feet with at least 300 sq feet reserved for the kitchen are a few among the many infrastructural guidelines for opening and maintaining a restaurant in Dubai.  In addition, your restaurant should boast an efficient chimney, fireproof walls, high-quality and germ-free food containers, etc.  Once everything’s finalised for your restaurant’s interior and exterior design, you can shift your focus toward drafting a catchy menu. The menu should be able to showcase the love and passion you have for food. It’s something that leaves a lasting impression on the customers.  Benefits of a restaurant business in Dubai Listed below are some of the advantages of setting up a restaurant in Dubai:  You can make considerable profits right from the start when you open a restaurant in Dubai. This is possible because of the business-friendly laws, minimal taxation norms, and affordable business solutions.  Dubai boasts a diversified population of people belonging to different religions, cultures, and traditions. Therefore, you can devise a menu that can cater to the food needs of most of these people.  What is the cost of opening a restaurant in Dubai?  The overall cost of opening a restaurant in Dubai starts at AED 15,000 to AED 50,000. You need to secure several approvals & licenses, pay government fees for various formalities, and much more.  Remember that the restaurant license in Dubai cost isn’t a one-time venture. You need to renew this license each year at least a month before it expires to extend its validity. Note that businesses with invalid licenses are subject to repercussive actions from the government.  Launch your restaurant in Dubai!  Setting up a restaurant business in the UAE is easier than ever,
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UAE residence visa

How to Get a UAE Residence Visa in 5 Steps

Foreigners aspiring to establish long-term residency and employment in the United Arab Emirates (UAE) must secure a UAE Residency Visa. This vital document serves as the gateway to accessing the multitude of opportunities that the UAE offers, enabling individuals to build their lives and careers in this dynamic and rapidly growing country. Whether you’re drawn to the flourishing business landscape of Dubai, the cultural richness of Abu Dhabi, or any other emirate, obtaining a UAE Residence Visa is an essential step towards turning your dreams of living and working in the UAE into a reality. We will delve deeper into the subject of UAE residency visas, exploring facets such as the expenses associated Opening Opportunities with a UAE Residence Visa  Possessing a Dubai residence visa comes with a myriad of advantages:  Banking Freedom: Gain the ability to open a bank account and access financial services easily.  Financial Flexibility: Qualify for bank loans, whether personal loans or your dream car financing.  Global Mobility: Enjoy visa-free entry to numerous countries, enhancing travel opportunities.  Educational Choices: Enroll your children in government or private schools, ensuring a quality education.  Driving Privileges: Obtain a driver’s license, granting you the freedom to drive in the UAE.  Healthcare Access: Access government health services and secure health insurance coverage for your well-being.  Note: Acquiring a UAE Residence Visa necessitates meeting specific eligibility criteria, which typically involve securing employment or investing in one of the emirates.   Who is eligible for a UAE Residence Visa? To be eligible for a Residence Visa, individuals must fit into one of the following categories:  Employment: You plan to work in the UAE within a government entity or a private company. Education: You intend to study at a UAE educational institution. Dependents: You are a dependent of either a UAE citizen or a foreign resident, which includes children, parents, domestic workers, or close relatives. Investment: You have made a substantial investment in the UAE. Property Ownership: You have purchased property within the UAE. Retirement: You are planning to retire in the UAE. Types of UAE Residence Visa UAE Visas are categorized based on the purpose of one’s stay. These include:  UAE Work Visa: Granted to foreign individuals who secure employment in the UAE and obtain a Work Permit.  UAE Student Visa: Issued to foreign nationals accepted into UAE educational institutions for the purpose of pursuing studies.  UAE Family Visa: Extended to close family members of UAE citizens or foreign residents.  UAE Investment Visa (Long-term Residence): Reserved for foreign nationals who make significant investments in the UAE, offering extended validity, often up to ten years.  UAE Retirement Visa: Designed for elderly foreign retirees with the necessary financial means to retire comfortably in the UAE.  Work Remotely from Dubai Program: Tailored for foreign freelancers seeking to work remotely in Dubai, providing them with the opportunity to do so from this vibrant city.  Note: Every foreign national seeking to reside in the UAE under a Residence Visa is required to undergo a medical examination to confirm their physical fitness.   How to apply for a UAE Residence Visa? To secure a Residence Visa in Dubai, you must initiate the application process after your entry into the UAE using an entry permit. It’s important to note that, similar to the entry permit, you typically cannot apply for a residence visa independently. Instead, you must have a sponsor, which could be your employer, spouse, or another eligible entity, to submit the application on your behalf.  Applying for a UAE Residence Visa Obtain an Entry Permit: Your sponsor must secure an Entry Permit for you from one of the following sources:  The Federal Authority for Identity and Citizenship  The ICA’s eChanel portal   Mobile apps available for Apple and Android  The General Directorate of Residency and Foreigners Affairs (GDRFA), either online or in-person, through licensed typing centres (varies by emirate) or Amer centres (Dubai).  Reside in the UAE: Once you have entered the country with the Entry Permit, you must be physically present in the UAE. Apply for Residence Visa: Your sponsor must then submit an application for your Residence Visa at the General Directorate of Residency and Foreigners Affairs (GDRFA) in the specific emirate where you intend to reside. Payment of Visa Fee: During the application process, your sponsor will need to pay the Residence Visa fee, which varies depending on the visa’s validity period. Approval and Documentation: Upon approval, the GDRFA will affix the Residence Visa in your passport. Simultaneously, you will receive an Emirates ID, valid for the same duration as your visa. Emirate-Specific GDRFA Websites and Resources  For specific information and procedures related to each emirate, refer to the respective GDRFA websites:  Abu Dhabi  Dubai (Also, consider Amer, a website accessible to Dubai citizens and residents for family reunion applications and visa extensions for visitors)  Sharjah  Ajman  Ras Al Khaimah  Fujairah  What is the Cost of a UAE Residency Visa? 2-year Dubai residence visa fees 2025 are approximately AED 5,500* without insurance. With insurance, it’ll cost you around AED 10,500*. Furthermore, there is a processing fee, which depends on the application method. If applying in person, the processing fee can be AED 70, whereas online applications may incur a fee of AED 40. Type of UAE Residence Visa Estimated Cost* Employment Visa The employer usually bears the cost, but processing fees (AED 70-100) and Emirates ID card (AED 410) apply. Investors Visa AED 5,000 for application processing + medical test fees + typing centre charges. Golden Visa AED 3,000 for application processing + medical test fees + typing centre charges. Property Investor Visa Application processing fees + medical test fees + typing centre charges (vary based on property value). Retirement Visa AED 3,000 for application processing + medical test fees + typing centre charges. Family Visa AED 310 application fee + refundable deposit + medical test fees + typing center charges. Green Visa AED 5,000 application fee + medical test fees + typing center charges + insurance costs. Note: These visa fees are subject to change, and
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low-cost business setup in Dubai

Low Cost Business Setup in Dubai, UAE

Dubai’s strategic location makes it one of the best cities for starting a business, especially if you are looking for a low-cost business setup in Dubai. The city ranks amongst the top 5 global centers for trade, logistics, tourism, and finance sectors. According to Abdulla Lootah, general director of the Federal Competitiveness and Statistics Authority (FCSA), Dubai aims to top the World Bank’s ease of doing business index in 2024. This should be of prime interest to UK investors/businessmen. A low-cost business setup in Dubai will allow them to leverage the power of modern infrastructure, technology, and a supportive environment for expanding their business leaps and bounds. It will become easier to transform into a recognized brand and boost your brand’s awareness. Furthermore, they will be able to carry trade effortlessly with clients within Dubai and outside, given that Dubai connects travelers traveling from the west to the east and vice versa. Despite the clearly outlined rules and regulations for setting up any business in Dubai, you must have a deep understanding of how things work in Dubai. Furthermore, the cost of establishing a low-cost business in Dubai is determined by several factors. With guidance from a Dubai business professional, you can save a lot of money during the company registration process. Shuraa experts can help you make the right decisions to keep your documents and operations in compliance with the rules and regulations. How To Save Money While Setting Up a Business in the UAE? Assess your business operations and their practicality in the UAE to establish your company at the right time and area. You will save money and continue to make the most out of your business setup. Start the company setup process when you’re ready; it’s a step-by-step process that can take anywhere from one to three weeks. However, begin the procedure only when you are totally prepared, as delays or postponements may result in fines. If you don’t have the proper information, legal work, approvals, and documentation, the setup might cost you a lot more. Make sure you understand what you require before beginning the documentation process. Rather than renting an entire office, take advantage of business centres and office space. A business centre is a completely furnished and equipped workstation that enables you to have a real office at a minimal cost If your startup budget is tight, you may want to consider a flexi desk, which is essentially a work area for yourself. Flexi desks provide your company with a physical presence by providing you with an office address, a dedicated number, meeting rooms, a cafeteria, receptionists, and administrative personnel, among other things. Where Should You Set Up Your Business? Entrepreneurs and businessmen are free to establish their low-cost business setup in UAE in any free zone or mainland. You must make an informed decision about founding a corporation in a free zone or on the mainland because both of them have their own set of advantages. Let’s see some of these advantages now. 1. Free Zones Company Setup One of the most obvious advantages of founding a free zone low-cost business setup in UAE is the ability to have 100% foreign ownership. This implies that a foreign investor does not need to obtain a UAE national sponsor to start a business in the UAE. The UAE’s free zone territories are exempt from import and export tariffs, promoting international trade and commerce. Companies in the Free Zone can execute labour recruiting procedures quickly and cost-effectively. They can also hire foreign nationals. Free zone countries have plenty of warehouse and office space available for use. As a result, it is great for SMEs and startups. Free zones in the United Arab Emirates feature the most up-to-date communication technologies and infrastructure. This will assist in the growth of your business. In UAE free zones, there are no currency rules of any kind, which means that you can use any form of cash, making the transactions easy for international businessmen. 2. Mainland Company Setup You can prepare for any form of low-cost business in Dubai by establishing yourself on the mainland, and you won’t have to worry about exceeding your trade authorization throughout Dubai and the UAE. However, there are several legal prerequisites for founding a mainland business in Dubai. For example, the necessity for a local sponsor. Your firm can trade globally if you register it on Dubai’s mainland. Mainland businesses have the distinct benefit of operating freely both within and outside the UAE. Dubai’s growing smart city infrastructure is already driving businesses in new directions, and diversification is becoming increasingly valuable. Obtaining a Dubai mainland license indicates a less constrained, simpler, and speedier administrative process. Another benefit of registering on Dubai’s mainland is that you’ll be able to bid for attractive government projects. You may be in a great position if your company is required to supply services that are in accordance with government programs. Establishing governmental deals across the UAE/Dubai will surely improve your company’s image and standing. How Much Does It Cost for a Low-Cost Business Setup in Dubai? A low-cost business license in Dubai costs AED 12,500* for a budget-friendly license. These include the size of the corporation, type of activity, visas, location, trade name approval, legal permits, and more. Shuraa experts can help you navigate and understand the different pricing structures depending on your choice of operations and locations. We provide the most cost-effective business setup solutions for you and serve as your company’s setup agent. A business setup in Dubai may seem like an expensive affair at first. However, with the right understanding of licenses, policies, company structures, and registration processes, you can enjoy a low-cost business setup in Dubai. Start your business in Dubai with Shuraa Uk High costs can hamper your aspirations of setting up a business in Dubai. However, a low-cost business setup in UAE is easy and effortless with Shuraa experts by your side. We ensure that we spend every penny after meaningful consideration.
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Tourism License In Dubai

Tourism License In Dubai

Start your business effortlessly in the UAE from the UK with Shuraa, your trusted expert for getting a Tourism License In Dubai. Dubai is expanding multi-fold. Apart from being a technology and innovation centre, it is one of the popular destinations to start a tourism business in Dubai. Dubai also functions as a connecting point for travelers traveling from the west to the east and vice versa. As a result, there is an increase in demand for tourism licenses in Dubai. In January 2024 alone, Dubai welcomed 979.7K overnight guests, with over 105K foreign tourists.  Dubai, the metropolis of high-rises and shopping malls, has evolved from a desert to a popular tourist destination. In addition to all the dazzling modern add-ons, this city boasts numerous cultural treasures and activities to do. Therefore, if you are planning to set up a tourism business in Dubai, you need to get your business registered with the Department of Economic Development, and the Department of Dubai Tourism and Commerce Marketing via a Dubai tourism license. What is a Tourism License?   A tourism license in UAE is non-negotiable if you wish to set up a tourism business. A tourism license in Dubai allows you to do the following things:  Sell tourism packages (offline and online)  Issue travel insurance policy  Provide lodging and lodging alternatives  Assist with visas by providing support services  Sell plane, train, and bus tickets  Offer rental automobile services   Offer adventure travel packages for sale  Types of Tourism License in Dubai  As mentioned, there are 3 major types of Dubai tourism licenses. You can choose any one of them depending on the nature of the activity of your organization.    Inbound Tour Operator  An Inbound Tourism operating license is required for businesses in inbound tourism operations. The holder can offer tours and sightseeing activities within the boundaries of Dubai. The inbound tour operator can also arrange tour programs linked to events and conferences. Another requirement is that you have travel insurance to cover any potential risks, which will be in effect for the whole duration of the license.  Outbound Tour Operator  A corporation can organize outward trips with this type of authorization. This visa is beneficial for companies that work in travel and tourism, both inside and outside the nation.  The holders of an Outbound license also have the option of holding international seminars and events. You will also require Insurance coverage, which will be valid for the whole duration of the license.   Travel Agent License   Travel agents who engage in visa assistance, travel accommodations, tour and sightseeing operations, transportation, plane ticket sales, etc., must have a travel agency license. The Travel license has the same requirements as the Outbound and Inbound licenses.  There is, however, one more condition. The NOC or No Objection Certificate issued by the Department of Civil Aviation is a pre-requisite. You must also have a letter of request in Arabic on behalf of the local sponsor to apply for a NOC.  Tour Guide License   A tour guide in Dubai leads and accompanies travellers to popular tourist spots and points of interest. Therefore, the tour guide should be well-versed in the tourist attractions and the cultural heritage of the Emirates. A valid Tour Guide license is also required for this position.   The Tour guide license badge is issued by DTCM. For this, the candidate must attend and successfully finish the Tour Guide Award program. The license is valid for one year and must be renewed every year. For renewal, the tour guide must attend the DTCM-approved annual refresher session. Furthermore, if the license is not renewed for two years in a row, the holder will be subject to the DTCM penalty.  What Are The Necessary Documents?  To apply for a tourism license in Dubai, you will need the following general documents:  Shareholder’s passport copies  Entry stamp or visa page   Passport size photograph   You may have to submit other additional documents. For this, you can get in touch with Shuraa experts who will explain and take you through the entire documentation process.   How To Apply for a Tourism License in Dubai?  The process of obtaining a Dubai tourism license is pretty straightforward. Follow the steps mentioned below to get a tourism license: Firstly, submit the company’s name to the Tas’heel center’s economic development section.  Next, obtain authorization from the same department for forming a corporation.   After filling out the paperwork at any typing centre, get all the participants to sign the form and submit it to the DED.  The Department of Economic Development would then submit the form for the site inspection after the first approval. Fill up the form with accurate office information, attach a map, and submit the final paperwork with the DED. Before granting the license, officers would visit to inspect it.  Get a legal translator to draft the LLC agreement and get it notarized. The legal translator’s seal is not necessary if the agreement is in Arabic.  Following that, all partners or attorneys must go before a notary to sign the court’s agreement.  Also, ensure the tenancy agreement is in order.  Lastly, submit all required papers, pay at the desk, and receive your Dubai tourism license.  What Is the Cost of a Tourism License in Dubai?  The cost of a tourism license in Dubai, UAE can start at AED 20,000* depending on the size of your firm, your activity, and more. However, to improve and assist investors seeking a tourism license in Dubai, the DTCM Authority announced a new rule in mid-October 2018. According to this:  Benefits of a Tourism License in Dubai  The Dubai tourism license has several benefits. These include: The advantage of having an incoming, outward tour operator, and a travel agency all under a single licensee with no additional fees or bank guarantees  Reduces the initial tourism license cost in Dubai  Equips the company to work in the tourist industry both inside and outside of the nation  Is capable of organizing international conferences as well as putting on displays and exhibitions  The company can offer airline tickets
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General Trading License in Dubai

How to Get a General Trading License in Dubai, UAE

Looking for a prime location to start your business with easy access to global markets and limitless growth potential? A General Trading License in Dubai can help you achieve that!   With over 5,000 British companies thriving in the UAE, including big names like BP, Shell, Rolls Royce, Standard Chartered, and HSBC, Dubai is a proven hub for international business. The UAE government has introduced economic measures that promote a diverse and stable economy.   Dubai’s strategic location and cultural appeal make it an ideal business choice. From food and electronics to fashion, furniture, and jewellery, a General Trading License in Dubai allows you to trade across various sectors. It sets your business up for success in a rapidly growing market.  What is a General Trading License in Dubai?  General trading involves the buying, selling, and distributing of various products across industries. To operate, businesses must obtain a general trading license from the Department of Economic Development (DED).   This allows for importing, local distribution, and sometimes re-exporting goods. While many products can be traded without special permissions, certain items require additional approvals. Once all formalities and paperwork are complete, businesses can start trading operations.  A General Trading License in the UAE allows businesses to engage in various commercial activities under a single license. It is one of the most sought-after business licenses in the country due to its flexibility and ease of operation. Here’s an overview of what a General Trading License entails:  Key Features of a General Trading License:  Wide Range of Activities: Businesses can trade in various products such as electronics, clothing, furniture, food items, etc. However, some products like pharmaceuticals, alcohol, or tobacco may require additional approvals or special licenses.  Flexibility: The license allows businesses to import, export, distribute, and re-export goods across the UAE and internationally, giving companies extensive market access.  Single License for Multiple Products: With this license, you can deal in various unrelated goods without needing separate licenses for each category.  Available in Both Mainland and Free Zones:  Mainland: A mainland General Trading License allows companies to operate throughout the UAE market and engage in government contracts.  Free Zones: A free zone General Trading License offers tax benefits, full foreign ownership, and the ability to repatriate profits and capital but requires working within designated free zones.  No Capital Requirements: There are generally no minimum capital requirements for acquiring this license. It makes it easier for startups and small businesses to start.  Benefits of Starting a General Trading Business in Dubai  A general trading license in Dubai offers various benefits. It makes it an attractive option for entrepreneurs seeking diverse trade opportunities and a favourable business environment. Here are the key advantages:   1. Local and International Trade Opportunities  With a Dubai General Trading License, you can import, produce, and sell a wide range of goods locally or export them to lucrative international markets.   2. Low Tax Benefits  The UAE boasts one of the world’s lowest tax rates, making it a cost-effective location to start a business and trade goods with a General Trading License.   3. Flexible Product Range  Enjoy the flexibility to trade a variety of products with minimal restrictions. While initial license fees may be higher, the long-term benefits are substantial.   4. Efficient Licensing Process  The licensing process is efficient and transparent. By submitting the necessary documents, you can obtain your general trading license from the Department of Economic Development (DED) within a week, avoiding lengthy registration procedures found elsewhere.   5. Visa Sponsorship for Dependents  The general trading license facilitates visa applications for employees and dependents, making it easier to acquire UAE visas.   6. Prime Global Trade Position  Dubai’s strategic location at the heart of global trade offers abundant opportunities for your trading business to thrive.   7. Superior Infrastructure Support  Benefit from Dubai’s exceptional infrastructure, including warehouses, logistics companies, top-notch seaports and airports, and a simplified customs process, which will enhance your business operations.   Types of Business Licenses in Dubai  Starting a business in Dubai requires knowing the licenses you can get, each designed for specific activities and industries.  1. Commercial trade license  This license is ideal for businesses focused on buying and selling goods whether you’re opening a retail store, an online shop, or a wholesale company.   The commercial trade license is essential for operating legally in Dubai. It covers various industries, from fashion to electronics. It ensures you can trade without legal issues.  2. Professional trace license   If you provide services instead of products, the professional trade license is what you need. This license is perfect for freelancers, consultants, healthcare professionals, and educators.   It allows you to operate your business legally while showcasing your skills and expertise. To obtain this license, you typically need to demonstrate your qualifications and experience in your field.  3. Industrial trade license   The industrial trade license is crucial for those looking to venture into manufacturing. This license is required for businesses producing, assembling, or processing goods.   Whether setting up a factory or a production facility, this license ensures that your operations comply with local regulations. You must submit details about your production processes, machinery, and raw materials.  4. Tourism trade license   Dubai is a popular tourist destination, and if you want to be part of this vibrant industry, you’ll need a tourism trade license. This license is necessary for travel agencies, tour operators, hotels, and other hospitality services.   It allows you to offer various services to tourists, from accommodation to guided tours. To obtain this license, you may need to meet specific standards to ensure a high-quality experience for visitors.  Steps to get a General Trading License in Dubai  Ready to start your trading business in Dubai? Here’s a straightforward step-by-step guide to securing your Dubai General Trading License!  Step 1: Choose a Trade Name  When naming your business, keep it unique and respectful! Avoid names similar to well-known brands, offensive language, or religious connotations. If you’re using a person’s name, include their full name.   Remember, naming rules differ based on whether you’re going
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Start an IT Company in Dubai

How to Start an IT Company in Dubai?

Start your business effortlessly in the UAE from the UK with Shuraa, your trusted expert for opening an IT company in Dubai. We were running around looking at all options with different free zones and sponsors, but it was very straightforward in the end” says Chris Leighton, Co-founder, AirZones, a UK-based company that was established in Dubai, United Arab Emirates, in September 2021. It has just been a short while and the company is already thriving in the UAE and seen as a promising competitor in the market.  According to the UK’s Department for International Trade, more than 6,000 UK-based companies are already registered in the UAE, with bilateral trade set to reach £25 billion (Dh127.1bn).  UK businesses that choose Dubai as their base can access undeniable support and a uniquely nurturing environment for development. In fact, establishing an IT business in Dubai comes with a host of benefits. How to open an IT company in Dubai from UK? The process to open an IT Company in Dubai is smooth and convenient. It hardly takes a week to complete, given the steps to start an IT business in Dubai are followed carefully. The process of setting up an IT Company in Dubai starts with these six important steps: 1. Determine the type and location of your IT company To start with, you’ll need to decide the type of business you want to set up. This is because your business type will determine the type of license required — commercial professional or industrial, as you will need approval from other departments. Moreover, the Department of Economic Development (DED) lists 2100+ activities for business owners to choose from, including various IT business activities. Additionally, the 45 free zones in the UAE each have their own regulations and formalities. Dubai free zones allow companies to undertake IT-related activities, but some free zones have specific licenses for such activities.  2. Choose Your Business Location Now, you must decide where to establish your IT company. You can choose a location in the free zones, such as DMCC Authority Free Zone and Creative City Fujairah. Though, DIC (Dubai Internet City) is the most preferred location to open an IT company in Dubai. 3. Secure the premises Once you settle the legal procedures and select the location, you can search for your office, based on cost, size, location and other facilities. 4. Register the Trade Name The name of your company should reflect the nature and type of IT business in Dubai the company is involved in. However, if your IT company is a branch of another company that already has a name, then its name should not be offensive, provocative or insulting to anyone. 5. Designate share capital Decide on the share capital in your IT company. The Memorandum Of Association of your IT company decides the minimum share capital. Often, business owners do not have to pay minimum capital to start an IT business in Dubai. 6. Hire employees  After setting up your office, start the hiring process. Dubai has an abundance of skilled workforce. Hence, you can have a manager ready to be on board before you get the approval to set up a Dubai IT company. Although, in some cases, you may not be able to hire a workforce, and therefore, you may need to involve contractors. Benefits of starting an IT company in Dubai Taxation is one of the important benefits of setting up an IT company in Dubai for freedom from corporate taxes and free differentiation of profits when it’s set in a free zone. Moreover, you receive hassle-free availability of resources such as skilled workforce from all over the world along with avant-garde internet facilities. Considering the favourable market conditions and ease of global reach in Dubai, your IT business can have an edge over others in the industry. Furthermore, information and communications adoption in the region in blend with digital implementation makes it a hotspot for new investors and growing entrepreneurs. Dubai offers many free zones to motivate local and foreign investors to start their businesses. Also, IT-oriented free zones in Dubai guarantee extraordinary business conditions, integrating office structure and accommodation areas for companies and personnel. Documents required to open an IT company in Dubai The investor has to submit various documents to the Department of Economic Development. The list of documents is as follows. Passport of the owner and the partners of the firm Entry Stamp / UAE Visa The local partners chosen by the investor need to submit a neutralisation book. NOC for expatriate partners from the various sponsors chosen. The agreement of partnership must be signed in front of the notary. What is the Cost of opening an IT company in Dubai? Setting up an IT company in Dubai includes various costs, ranging from company registration and license fees to office expenses and share capital amount. Company Registration Fee is a one-time payment. The cost for registering to open a company in Dubai in a free zone is AED 9,000 to AED 10,000. Contrary to the company registration fee, license fees are a recurring cost. It can cost anywhere between AED 10,000 to AED 50,000 per year.  Start your IT Company in Dubai with Shuraa UK The support and a uniquely nurturing environment for growth found in Dubai are unmatched. From the ease of doing business to taxation, everything is hassle-free. Moreover, the IT industry in Dubai has tremendous potential for growth in local as well as overseas markets. Got a great business idea you want to execute? Everything you need can be found in Dubai.
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LLC company formation in Dubai

How To Set Up A Limited Liability Company In Dubai, UAE

Limited Liability Companies (LLCs) are a popular choice for entrepreneurs looking to establish a business in Dubai, UAE. Setting up an LLC can be a strategic move for entrepreneurs looking to establish a presence in the Middle East. LLC company formation in Dubai offers a number of benefits, including limited liability protection for shareholders and the ability to conduct business in a tax-friendly environment.  Dubai is an attractive location for setting up an LLC due to its business-friendly policies, strategic location, and growing economy. The city serves as a hub for trade and commerce in the region which makes it an ideal base for businesses.  Therefore, we will provide you with a step-by-step guide on LLC company formation in Dubai, its benefits, costs, and other things you need to consider before you setup a company in Dubai.  What is an LLC Company in Dubai? An LLC Company in Dubai also referred to as a Limited Liability Company, is the most popular business structure for the UAE mainland. An LLC can have a minimum of two and a maximum of fifty shareholders. Importantly, these shareholders’ liability is limited to their investment in the company. This means their personal assets are protected if the company faces debts or lawsuits.  Setting up an LLC in Dubai typically involves registering a company name, obtaining a business license, securing visas (if needed), and opening a corporate bank account.  Benefits of Setting up an LLC Company in Dubai Here are some of the key benefits of setting up an LLC company in Dubai:  1. Limited Liability Protection This is a major advantage. As an LLC owner, your personal assets like your house or savings account are shielded from liability if the company faces debts or lawsuits. Your financial risk is limited to your investment in the company.  2. Tax Advantages Dubai offers a tax-friendly environment for LLCs. There’s typically limited corporate income tax levied on LLCs. Profits “pass through” to the individual shareholders who are then taxed on their share of the profits.  3. Ease of Setup Compared to some other business structures, forming an LLC in Dubai is considered relatively straightforward.  4. Management Flexibility LLCs offer flexibility in how you choose to manage the company. You can either have the members (owners) handle it directly or appoint external managers who aren’t shareholders.  5. 100% Foreign Ownership  Dubai allows 100% foreign ownership for LLCs on the mainland, with some exceptions. This can be a significant advantage for foreign investors looking to establish a business in Dubai.  6. Multiple Visas An LLC allows you to sponsor employees and apply for multiple visas, which can be helpful if you plan on hiring foreign staff.  7. Stronger Business Image An LLC structure can present a more professional and established image for your company compared to a sole proprietorship.  Documents Required to Setup LLC in Dubai To open an LLC in Dubai, you’ll need to submit a variety of documents to the Department of Economic Development (DED). This may include:  Photocopies of all shareholders’ passports (including visa pages if applicable)  Application form for registration from the DED  For UAE nationals only, a photocopy of the applicant’s Emirates ID  Trade name reservation form  Memorandum of Association (MOA) & Articles of Association (AOA) if applicable  Bank reference letters  NOC (No Objection Certificate) if required  How to Setup a Limited Liability Company in Dubai, UAE? LLC company formation in Dubai follows a simple, systematic process: 1. Choose Your Business Activity This initial step involves identifying the specific activities your LLC will engage in. The UAE government offers a vast selection of business activities (over 2,000) to choose from. You can find a detailed list on the Department of Economic Development (DED) website.  2. Reserve Your Company Name Once you’ve chosen your business activity, it’s crucial to secure a unique and appropriate name for your LLC. You can submit a name reservation application to the DED for approval.  3. Secure a Business Location While not mandatory, having a physical location can be beneficial depending on your business needs. If you plan to operate from a rented space, secure a tenancy contract and obtain a location map.  4. Prepare the Memorandum of Association (MOA) This is a crucial document that outlines the company’s structure, ownership details, and management rules. You’ll need to draft and notarize the MOA.  5. Apply for a Business License Submit the required documents, including the MOA, tenancy contract, and application forms, to the DED. There might be associated fees for processing the license application.  6. Open a Corporate Bank Account With your licenses in hand, you can proceed to open a corporate bank account for your LLC. This is essential for conducting business transactions.  7. Secure Visas (if required) If you plan to live and work in Dubai or hire employees, you’ll need to sponsor their visas through your LLC.  8. Comply with Tax Requirements Register for tax purposes with the Federal Tax Authority (FTA) and ensure compliance with tax regulations in the UAE.  Consider consulting with a business formation specialist in Dubai at Shuraa Business Setup. Our expert can guide you through the process to ensure you meet all the requirements and overcome complexities.  LLC Company Formation Cost in Dubai The LLC license cost in Dubai approximately starts from AED 18,500 to AED 30,000. However, the overall cost depends on several factors, including:  Chosen business activity  Business Location  Government fees  Visa costs  Office rent  Additional approval and permits  This is a general estimate, and the actual LLC company formation cost in Dubai may be higher or lower depending on your specific circumstances. To get a more accurate quote, it’s recommended to consult with a business formation specialist in Dubai at Shuraa who can consider the details of your business activity, location, and any additional requirements.  Start Your LLC Today with Shuraa!  Setting up a business in Dubai is easier than ever with the Limited Liability Company (LLC) structure. This business format is a favourite among many entrepreneurs for its simplicity and protection
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starting a business in Dubai Free Zone

Starting a business in Dubai Free Zone

Dubai draws a lot of attention from prospective UK investors and business owners. Before building a business in the Dubai Free Zone, there are several things to consider. The goal is to figure out which choice is best for you and your company. Overseas investors like to engage in free zones specifically. However, around this, there are many misconceptions about what a Dubai-free zone is and how to operate a business in one. What Is a Dubai Free Zone? Free zone areas, also known as free trade zones in Dubai, are designated commercial zones that are tax-free for the enterprises that operate within. There are no residential houses in these districts that entrepreneurs can use for business. Establishing a business in a free trade zone is ideal for international enterprises and company owners that do most of their work outside of the UAE but want to use the UAE for regional production and supply. Moreover, the government established particular laws and regulations to establish such free zones in Dubai.  As a result, there are several advantages for anybody to invest in setting up a business in the Dubai free zone. Furthermore, non-free zone enterprises required a local sponsor who held 51 percent of the company until recently. Foreign investors are eligible to own 100% of the enterprises in Dubai-free zones. Although there has been a change in these restrictions recently, a considerable number of international investors still opt to operate from Dubai’s free zones due to the attractive tax incentives. Many individuals wonder how they may begin a company in the Dubai free zones. Below are a few procedures to follow, followed by a full explanation of what to consider before free zone company formation in Dubai Examine the legal entity that your business will be. Choose a business brand name Make an application for a business license. Pick a commercial building in one of Dubai’s free zones to start a business. Pre-approvals, registration, and license. Types of UAE Free Zones There are two types of free zones in Dubai. Free Zone Limited Liability Company (FZ LLC) Free Zone Establishment (FZE) The number of stockholders and their legal status are the only differences between the two. Each Dubai free zone has its own set of restrictions, and business owners must make sure that their company’s position corresponds to the legal criteria of the zone they take interest in. You must first fulfill the legal conditions before the legal authorities that authorize you to operate a company in the Dubai-free zone. Documents Required for Start a Business in Dubai Free Zone The various documents that you must submit to open a business in Dubai free zone are: Passport copy. Visa copy. Emirates ID copy (if applicable) Passport photo. Business plan (only applicable for certain free zones & certain activities) Key Steps to Set Up a Business in a Free Zone Setting up a business in a free zone can offer numerous advantages, including tax benefits, 100% ownership, and streamlined regulations. Here are the key steps to establish your business in a free zone successfully: 1. Determine the Type of Legal Entity Before starting your business, decide on the type of legal entity that best suits your needs. Options may include sole proprietorships, limited liability companies (LLCs), or partnerships. Each type has its own set of regulations, liability implications, and tax obligations. 2. Choose a Trade Name Selecting a unique and relevant trade name is crucial. Ensure that your chosen name complies with the regulations of the free zone authority. Check for name availability and consider including keywords that reflect your business to enhance search visibility. 3. Apply for a Business License Once your trade name is approved, you need to apply for a business license. The application process may vary based on the free zone, so familiarize yourself with the specific requirements. Provide all necessary documentation to facilitate a smooth approval process. 4. Choose an Office Space Free zones often offer various options for office space, from shared offices to dedicated spaces. Select a location that meets your operational needs and budget. Consider factors like accessibility, facilities, and support services. 5. Get Pre-Approvals, Register Your Business, and Obtain Your License Before finalizing your business setup, you may need to obtain pre-approvals from the free zone authority. Once approved, register your business officially and secure your business license. This step is crucial for legally operating within the free zone. Start your business in the free zone with Shuraa UK To conclude, Dubai’s free zone experiment appears to have been a success. They were established to attract foreign direct investment from overseas, and they have succeeded in doing so. This strategy has benefited many international investors and company owners as well as the citizens of Dubai by generating jobs and income. These are special economic zones established to provide tax breaks and customs duty exemptions to foreign investors. These Zones allow foreign-owned enterprises with business permits as well as low business setup cost-free zones. Nevertheless, before making any critical judgments, you must be perceptive in your approach and go through a thorough diligence procedure. Starting a business in a free zone may appear simple, but it requires a significant amount of effort. Hence, Shuraa UK Branch is here to help you select the cheapest free zone in UAE, walk you through the paperwork, and get all approvals and licenses for your business setup. 
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