Chat with us, powered by LiveChat Business Dubai Archives - Page 4 of 6 - Shuraa UK

Business Dubai

Start a Real Estate Business in Dubai

How to Start a Real Estate Business in Dubai?

The real estate business in Dubai is an excellent choice. It is among the best investment options available globally due to its high and relatively stable value. In total, 52,415 investors purchased 72,207 new homes in the emirate. Furthermore, 2021 recorded 84,772 real estate transactions worth AED 300 billion. Impressive, isn’t it? The United Arab Emirates, whose commercial capital is Dubai, is one of the world’s wealthiest and most developed economies, with a highly dynamic and forward-thinking business culture characterised by continuous development and progress. Despite the Covid-19 pandemic, it successfully hosted the recently concluded Expo 2022 Dubai, demonstrating this to the rest of the world. All of this makes it enticing for entrepreneurs, especially for the real estate sector. So if you are looking to start a real estate business in the city of Dubai, continue reading. This blog will teach you all you require to establish a real estate business in Dubai. What Are the Benefits of the Real Estate Business in Dubai? For the reasons listed below, you can make money by starting a real estate business in Dubai: 1. Steadily Growing Economy One of Dubai’s most significant advantages of investing in real estate is that its economy has been expanding rapidly. The UAE is named one of the top 3 innovative economies in Northern Africa and Western Asia by the Global Innovation Index. You are not just investing in that particular property or piece of land when it comes to real estate, especially overseas real estate. You are also investing in the nation’s economy.  Dubai’s real estate market has recently demonstrated upward mobility, with approximately 43,000 sales transactions totalling more than Dh114. 5 billion, putting it on track for the best first-half performance ever. 2. Continuous Improvement and Development Dubai is regarded as the most innovative city in the world. One of the most significant benefits of purchasing real estate in Dubai is that there is always something to do. Visit a city where innovation is still practised and encouraged by the Dubai government; it will be the best choice you’ve ever made.  3. No Real Estate Tax Once you have bought a house and paid the registration cost to the Dubai Land Department, you are free of additional tax obligations because there is no property tax in Dubai. It offers diversification, tax breaks, and high yields. Consequently, the tax-free status attracts a large number of entrepreneurs and investors. 4. Visa for Real Estate Investors who own property in Dubai can now apply for a property visa. To apply, you simply need to ensure that you meet the visa requirements. You can apply for a Dubai resident visa after receiving the property visa. In this manner, you can apply for two types of visas in Dubai. 5. Geographical Area Dubai has the advantage of being at the geographic centre of the universe. It has taken leverage by providing easy access to key regional and global growth markets. It is the business hub of Western Asia on the Persian Gulf’s coast. Because this city connects worlds, investing here will never be a waste of money. Why Would You Want to Invest in Dubai Real Estate? Dubai’s real estate sector has one of the highest yields in the world, outperforming markets such as London and New York. According to the Dubai Land Department’s annual transaction report, the emirate saw a 65% increase in the number of real estate transactions and a 71% increase in value last year compared to 2023. (DLD). Moreover, transactions in the sector totalled AED 16.2 billion in September 2024, the highest monthly total in the previous eight years. These numbers offer an optimistic view of the future of real estate in Dubai. Combined with the benefits, they provide more than enough rationale to invest in the sector. Why Is Local UAE Ownership of a Real Estate Brokerage Company in Dubai Required? Property brokers in the UAE can fully own their businesses now that this economic activity has been removed from the “restricted list.”  To run a real estate business, the local broker will take on additional financial and managerial responsibilities. Brokers also oversee agent education and training to improve and maintain professionalism and service standards. This gives them more authority and influence than a real estate agent in Dubai when resolving disputes and problems in a real estate transaction. However, The UAE recently changed its investor visa rules for real estate assets, allowing owners of Dh750,000 properties to obtain three-year visas. For the previous two years, the threshold was Dh1 million. Documents Require to Start a Real Estate Business in Dubai Businesses in the UAE must adhere to the documentation standards established by government agencies. To begin a real estate business in the UAE, the following are some documents that must be submitted: A copy of your passport Passport-size photographs A copy of your entry visa Shuraa UK Branch’s setup specialists can provide you with a detailed document list based on your real estate business. How to Start a Real Estate Business in Dubai? The following procedure needs to be considered when you want a real estate business setup in Dubai, it includes: Choosing a Business Structure Choose a Business Model Get your qualifications by clearing the RERA examinations Calculating the associated costs Obtaining a local sponsor Establish a personal office Outsource specific services What Is the Cost of Establishing a Real Estate Business in Dubai? However, the cost of a real estate license in Dubai starts from AED 30,000 to AED 45,000 depending on the types of your real estate business and activities. You must also pass the Real Estate Regulatory Agency’s registration exam (RERA) to obtain the license. Depending on your degree of education, the exam fee included in the price of opening a real estate brokerage in Dubai varies. Furthermore, the overall cost of starting a real estate company in Dubai varies depending on your location and planned business operations. Set Up Your Real Estate Business with Shuraa Due to
Read more
Why Doing Business in Dubai

Why Is Dubai Best for Business?

Dubai has come a long way to become today’s flourishing, attractive, and dynamic economy. So, if you want to expand your business or perhaps consider starting the best business in Dubai, you have landed on the right page! There are a plethora of reasons that make Dubai the best place to do business. Top-notch technology infrastructure, a supportive government, and visionary leadership are just a few of the factors that have been thoughtfully positioned in this region to promote business success. If you’re still not convinced, here are nine more reasons why one should choose the best business in Dubai. What Are the Top 9 Reasons To Start a Business in Dubai? Identified as a strong commercial capital in the Middle East, Dubai offers a plethora of opportunities for local as well as international investors. Here are some compelling reasons for you to start your own business in Dubai.  1. Strategic Location Dubai is the perfect location to choose the best business in Dubai, including international trading, import and export, logistics, tourism, hospitality, event management, and more. Located at the crossroads, it lies between Europe, Asia, and Africa.  Dubai is located in the centre of the 400-mile-long United Arab Emirates coast. It can facilitate the smooth movement of cargo from the East to the West. Additionally, Dubai has experienced tremendous commercial growth and hosts over 100 international trade events yearly. These fairs enable Dubai-based businesses to network with multinational corporations and explore options without compromising daily operations. 2. Safety and Security Dubai is well-known as one of the safest cities in the world. It has strict guidelines that everyone must abide by. The city also has one of the lowest crime rates in the entire globe. Additionally, Dubai is one of the Middle East’s most politically stable nations. Some of the most important aspects that have attracted many foreign investments and enterprises to the UAE are security and political stability. 3. Excellent Transport and Logistics Dubai is a significant global hub for shipping and transportation. Due to its top-notch infrastructure, the city consistently offers all forms of transportation to its citizens. Regarding transport, Dubai is considered the top destination, offering comfort, affordability, and convenience for citizens and ex-pats alike.  Below are the transportation modes that enable import-export, re-export, and tourism businesses to flourish.  Air: Dubai is home to the largest airport—Dubai International Airport. The city also offers many other facilities for air transportation and air cargo. Sea: Jebel Ali Port, one of the world’s largest seaports—is located in Dubai. It is also one of the biggest container ship ports in the world.  Land: Dubai has one of the best roads compared to other places worldwide. The wide roads, disciplined traffic, cutting-edge monitoring systems, and an automated train system make land transport ideal. 4. Easy Business Establishment Every entrepreneur wishes to launch their business without any hassles. Dubai enables you to start up your business quickly. The city’s administration’s liberal policies appeal to entrepreneurs, and company formation in Dubai requires minimal paperwork.  You can always get in touch with a knowledgeable and professional business setup consultant in Dubai that can help and direct you through the entire procedure. Or you can also contact the Shuraa Business Setup UK division if you reside in the UK to obtain the required assistance. 5. Infrastructure You don’t need to worry about finding an office, a retail store, a manufacturing facility, or a warehouse if you are opening a business in Dubai because everything is ready for you to move in. Dubai is one of the Emirates with the most cutting-edge amenities. Furthermore, it is progressing toward a technologically advanced future and becoming the global digital hub. The city has undertaken numerous tech initiatives to lower traffic, offer top-notch internet services, revolutionise healthcare services, eCommerce, etc. This encourages and expands the country’s options for doing business online. 6. High Quality of Life The emirate’s high standard of living and excellent living conditions are reasons to choose Dubai for business. The UAE ranks as the fourth best place in the world for expats to live and work. It also ranks at the top for its response to COVID-19. Besides, Dubai ranks highest among Arab countries in the World Happiness Report 2021. You may increase your productivity and inspiration while enjoying excellent living standards and high quality of life. 7. Negligible Taxes Dubai’s economy is considered the most liberal and diversified in the surrounding region. Given Dubai’s business-friendly tax rules, it should be no surprise that this is why so many expats choose to open businesses there.  8. Recruit Expatriate Employees Dubai is famous for being one of the most popular business hubs in the world. The desire to conduct business in Dubai and make significant profits attracts investors worldwide. Additionally, it has effectively moved outside the oil industry to other sectors, including tourism, hospitality, logistics, etc. These industries provide many employment prospects, enabling private businesses to hire foreign workers. 9. Residency Visa You can apply for a UAE Residency Visa for yourself, your family, and your foreign employees if you set up your own company in Dubai or another UAE emirate. As a resident of the UAE, you can open a current account with a UAE bank, lease an apartment for an extended period, enter and exit the country several times, and obtain visas for other nations more quickly. What Is the Process of Setting Up a Business in Dubai? The process of starting a business in Dubai is pretty simple. However, there are few things to watch out for. If you’re keen on starting a business in Dubai, here are some key steps to follow. Select the type of business activity.  Determine the type of legal entity. Choose your company name. Complete the appropriate paperwork. Apply for your business license. Choose an office space. Open your corporate bank account. Get pre-approvals, register your business and obtain your license. Apply your visa. Once you’ve completed these steps, you’re ready to do business in Dubai. Start
Read more
Business Opportunities in Dubai

Exploring Business Opportunities in Dubai for UK Entrepreneurs

British entrepreneurs and businesspeople are driven to succeed and establish their brands on a global scale. Furthermore, UAE’s social and governmental systems are robust, promoting countless business opportunities in Dubai. However, you must identify your specialised market and invest wisely in Dubai’s expanding industrial areas. In this blog, we’ll discuss 25 of these prospects and explain why they could be the best business opportunities for British business owners in Dubai. Top 25 Business Opportunities in Dubai So, if you want to start a new business in Dubai and anywhere in the UAE, here are 25 Business Opportunities in Dubai for your consideration: 1. Textile Industry Dubai’s advantageous location facilitates trade between Asian and non-Asian nations. As a result, this presents a lucrative opportunity for UK investors to establish a textile trading company in Dubai. A textile firm’s primary business activities include direct trading of garments, yarn trade, tents, curtains, and so on. Read More about How to Start a Garment Trading Business in Dubai. 2. Marketing Management The UAE is home to several significant marketing management companies. You can offer various services, including branding, paid advertising, and lead generation from organic sources. It’s your responsibility to prove to your clients that you are an expert in this field by offering them excellent marketing management solutions. 3. The Construction Industry The UAE has made enormous investments in its infrastructure, including its industrial facilities, skyscrapers, and commercial buildings. In addition, the infrastructure for industry, transportation, and energy may spur significant growth in the building industry.  Read More about How to start a Real Estate Business in Dubai 4. Tourism and Travel Starting a tour and travel business may be an option for you. Obtain the company’s license and permits. Have a high-quality website for your company and you can manage all aspects of your client’s excursions as a tour operator, including hotel and ticket reservations, local tours, sightseeing, and so on.  Read More about How to Get a Tourism License In Dubai? 5. Beauty Salon You can think about starting a beauty salon in Dubai if you are a licensed beautician, have an interest in the industry, or are talented in skincare, makeup, or hairstyling. Furthermore, whether you want to start a brand-new company or expand an existing one, the UAE is a great spot to do so. 6. The Garment Industry One of the most prosperous industries to establish a business in Dubai is the garment trading sector. Depending on your demands, you can develop your textile trade business offshore, on the mainland, or in any of the free zones. You are permitted to manufacture, export, and distribute clothing both domestically and abroad by the UAE government.  Read More about How to Start a Garment Trading Business in Dubai? 7. Restaurants and Hotels In Dubai, there is a wide variety of tastes and cuisines. The restaurant industry may flourish, given the high-end lifestyle. The business of hotel chains has also grown due to heightened investor interest. Therefore, a restaurant serving top-notch food will succeed in the emirate.  Read More about How to open a restaurant in Dubai? 8. ePharma Business Spending on private healthcare in the UAE may rise at a CAGR of 8.5 percent. The per capita cost of medication is high, and e-commerce is growing. Thus the e-Pharma business has tremendous growth potential as well.  9. Consulting Services Starting a business that provides consulting services with the required certifications and significant knowledge in a particular sector is fairly easy here. A wide selection of consulting services are available for your business to offer, including those in IT, management, marketing, operations, HR, strategy, compliance, and many more. 10. Cleaning Services In Dubai, starting a cleaning business is not too difficult. It might be a cleaning service for homes, businesses, or factories. Assess the necessary labour, capital, and infrastructure. Consider that a cleaning company, especially an industrial cleaning firm, may require big machinery, a large workforce, and a robust infrastructure.  11. Speciality Clinics Whatever the circumstances, the beauty industry is not adversely affected for long. The desire to appear beautiful fuels the business of making people appear nice, even through cosmetic procedures, whether behind the facemask or simply glamourising that mask. 12. Real Estate Firm The demand for housing may increase in the following years as more and more individuals shift to Dubai for personal and professional reasons. Consequently, you can launch a business in Dubai that provides real estate services for commercial, residential, and industrial properties. 13. Logistics The demand for simultaneous delivery arrangements increased as the internet retail industry grew. Furthermore, the ease with which imports and exports are made possible by local regulations can boost the business. As a result, the logistics company established in Dubai is a good business concept.  14. Digital Printing Digital printing machines can print on thick cardstock, heavyweight sheets, folding cartons, cloth, plastic, and synthetic substrates. T-shirt printing is a fairly common application for digital printing. Consequently, the trend of customisation can contribute to your digital printing business. 15. Cloud Kitchens Despite the fact that the pandemic may have influenced how we choose to travel to specific F&B locations and how we eat, food is a basic necessity. As a result of conscientious customers and work-from-home becoming the “new normal,” food aggregators have become more common in the city. 16. Jewellery Jewellery designers from all over the world are establishing businesses in Dubai. The city provides a suitable environment for the trade in precious metals, diamonds, and gold. It’s the best business to start in Dubai if you have the necessary market knowledge. 17. E-commerce During the pandemic, consumers quickly adapted to the online mode of browsing and purchasing. Entrepreneurs with online business ideas can register their companies in Dubai, the region’s top business hub, where e-commerce giants handle thousands of vendors, complex logistical systems, and sporadic digital issues. Read More about How to Start an E-commerce Business in Dubai? 18. Bookkeeping and Accounting Many national and international businesses are establishing themselves
Read more
start sports management company in Dubai

How to Start a Sports Management Company in Dubai?

Dubai is globally renowned as a place to “work hard, play hard.” The Emirate’s enthusiasm for sports is undeniable proof of it. Thus, if you are planning to start a sports management company in Dubai, you are on the right track! Numerous sporting events, such as football, tennis, and cricket, are held in Dubai. Furthermore, Falconry is one of the UAE’s oldest traditions, dating back to ancient times. It is unknown when Falconry first appeared, but some historical accounts placed it around 2000 years ago. As per reports, Dubai’s economic footprint for sports surpasses US$1.7 billion annually. Furthermore, expanding the quantity of national and international athletic events held in Dubai has led to industry development exceeding AED 4 billion annually. So, if you want to start a sports management company in Dubai, continue reading to learn about the benefits, process, documents, and costs. What Are the Benefits of Starting a Sports Management Company in Dubai? There are several advantages to establishing a sports business in the UAE. The following are some of them: Your work can be flexible – You get to pick the clients, athletes, events, and the proportion of in-person and online work you do. You can work in a multitude of fields – There is enough variety to make your working life exciting in Dubai because there are so many well-liked sports and special events. Easy to secure visas – You may submit as many employee visa applications as necessary using your professional or service license. Low-cost business setup – On the Dubai mainland, you can establish a sole entity with 100% corporate ownership. Potential and growth development – Given Dubai’s thriving sports scene, there is a rising need for management services from those with the necessary qualifications. You can start tiny or huge – You can expand to a size that suits you, no matter how small you start. 100% profit repatriation – All profits and capital gains may be remitted in Dubai. Additionally, there are no corporation or income taxes, and the VAT rate is only 5%. Documents required to start a sports management company in Dubai Government agencies have defined documentation requirements that all enterprises must follow in the UAE. To start a sports management company in Dubai, the following documents are required: A copy of your passport Passport-size photographs A copy of your entry visa In addition, how you set up your business, where it is located, and many other factors will determine whether you need more documents. Based on the needs of your sports company, the setup professionals at the Shuraa UK Branch will provide you with a complete document list. What is the Procedure to Start a Sports Management Company in Dubai? The UAE government has simplified the procedure for forming a company. All UK business owners must follow the process to ensure their firms’ smooth start-up and operations. The following are the steps to start a sports management company in Dubai: 1. Choose Your Company Name The first step is picking a name for your business. At this point, a couple of essential considerations are unique to your situation. You must adhere to rigid naming rules, so be mindful of that. For instance, avoid using any derogatory or profane language. When you decide to name your company after yourself, stay away from acronyms and popular organisation names. But that’s not all. The list is long, and you may not understand every rule. Hence, it is best to take expert advice to ensure that your name is valid and available for registration. 2. Choose a Company Structure Choosing the right legal structure is central to your sports management company’s success. It determines the amount of power you hold, the share of other stakeholders (if any), the responsibility each stakeholder has, as well as the part in profits and losses. In Dubai, you can set up your company under any of the following structures: a limited liability company (LLC), a branch office, or a sole proprietorship. 3. Choose a Location You can establish your business on the mainland or in one of Dubai’s free zones. Although both are profitable, they offer distinct advantages. However, consider your business activity, accessibility, available facilities, reputation, and budget before selecting a location. You may also need a physical space to carry out your daily operations. For this, you can either rent or lease office space in Dubai. This requires you to enter into a tenancy contract.  4. Apply For a Sports License Once each stage mentioned above is completed, you can apply for a sports management license in Dubai. Every business must have a valid license. Moreover, the application has to be submitted to the Department of Dubai Economic Development if you choose the Mainland region. Whereas, in the case of a free zone region, you must apply to the concerned free zone authority. 5. Obtain a Sports License You can obtain your sports license in Dubai after completing each stage. It sets up your sports management company as a legal entity. Moreover, you can sponsor visas for your employees. You can also open a corporate bank account to handle all financial operations for your sports management services company. 6. Visa Processing If you are an ex-pat, you will need a visa to live and work in the UAE. However, applying for visas can be tedious. So, prepare your documents in advance to avoid any last-minute snarl-ups! Additionally, you can also apply for visas for your partner or other family members to reside with you in the UAE. How Much Does It Cost to Start a Sports Management Company in Dubai? Your chosen business venture, the size of your organisation, and the location of your establishment will affect the cost to start a sports management company in Dubai. You may anticipate the setup’s licensing costs to be between 10,000 and 25,000 AED. Remember that if you need credentials or accreditations specific to the area of sports management you work in, there will be additional costs. Shuraa UK Branch experts can help
Read more
start project management company in Dubai

How to Start a Project Management Company in Dubai?

The UAE is renowned for its projects. Be it the ambitious infrastructural plans to bring 20 million tourists to the shores or several building projects, such as the Burj Khalifa and Palm Islands. Such endeavours empower you to start a project management company in Dubai. Besides these business opportunities, the country has a welcoming climate for investors. Moreover, the tax system supports project companies in making significant profits. So, if you want to start a project management company in Dubai, continue reading to learn about its benefits, process, documents, and costs. What Are the Benefits of Starting a Project Management Company in Dubai? If you’re proficient in managing projects for businesses, you can explore the rich opportunity of project management in the UAE. Some of the benefits of starting a project management company in Dubai are as follows: You are not required to pay personal or corporate taxes in the UAE. Furthermore, you are entitled to a 100% repatriation of your profits and capital gains. In addition, the UAE’s VAT rate is only 5%. Moreover, you can also take full ownership of your company in the UAE. Launching a project management business in the UAE is desirable because of its diverse economy. You can start your project management company in various industries and provide your clients with services. As a result, you won’t run out of clients, given that you provide excellent services with great value. You can start small with your company and later scale it into a size that works for you at your pace. In Dubai, you can establish your project management business as a freelancer working alone or as a full-fledged company with staff. Dubai has a cooperative government and a digitised business setup process. In contrast to other time-consuming registration processes, you can acquire a project management company license after providing the required documentation in less time. The Dubai government never fails to offer foreign investors top-notch amenities, incentives, and security. To ensure high-quality advancements and increase business prospects, it continuously modifies the laws governing how to conduct business in the city.  What Documents Do You Require to Start a Project Management in Dubai?  Like all business setups, you will need to submit a couple of valid, authentic documents to the authorities for starting a project management company here. The following are some documents you need to start a project management company in Dubai: A copy of your passport Passport-size photographs A copy of your entry visa Moreover, depending on the chosen activity, company structure, and location of your project management company, you may need extra documentation. The company’s setup professionals at Shuraa UK Branch can give you a comprehensive document list based on your project management company’s needs. How to Start a Project Management Company in Dubai? The UAE government has made company formation an easy-to-follow process. For a seamless start-up and operations of their companies, all entrepreneurs must abide by the procedure. The steps to start a project management company in Dubai are as follows: 1. Reserve a Trading Name  The first step is to select a legitimate trading name for your project management company in Dubai. Make sure to adhere to all naming convention guidelines while finalising your selection of prospective company names. Avoid choosing a company name that uses abusive language or makes any religious or spiritual allusion. Moreover, if you intend to use someone’s name as your official name, you can use the full name instead of a nickname. But that’s not all. The list of naming rules is extensive. Our experts can help you name your project management company as per the UAE naming guidelines and name availability. 2. Choose a Company Structure If your project management business has a proper company structure, it will run more smoothly. So, decide on a company structure that is appropriate for your business in Dubai, you can have a limited liability company (LLC), a branch office, or a sole proprietorship. 3. Choose a Location for Your Company Business location is an essential part of the company establishment process. While establishing your project management company, you can choose your business location as either the mainland or a free zone. It would be best if you consider the location after analysing the advantages and restrictions of all the available options. For example, the mainland permits trade between Dubai and the rest of the UAE. On the other hand, free zones have separate authorities with specialised business rules that give you more freedom to conduct your business. Hence, choose your location wisely. 4. Apply for a License Every business must possess a valid license in Dubai. So, once you have completed all the abovementioned stages, you can apply for a project management license. Submit the documents to appropriate regulatory authorities and pay the fees. The procedure doesn’t take too long when you take proper action.  Additionally, you can apply for external approval to get authorisation to conduct other commercial operations not permitted under your trading license. Also, you must renew your license annually to keep it valid and avoid legal issues in the UAE. Our advisors can help you apply for the relevant license. Moreover, they can help you get the pertinent approvals and streamline the process for you. 5. Get Your Trade License Once you obtain your license, your project management company becomes a legal entity. Further, you can sponsor visas for your family and employees. Moreover, you can open a corporate bank account to handle all financial operations for your project management services business.  How Much Does It Cost to Start a Project Management Company in Dubai? A project management company set up in Dubai will cost you a combination of several fees and payments. A lot depends on the location of your company, the kind of license you need, additional permissions, the number of visas required, and more. However, as a rough estimate, the cost to start such a business in Dubai ranges from AED 15,000 – AED 20,000.  To receive exact pricing,
Read more
Garment Trading Business in Dubai

How to Start a Garment Trading Business in Dubai?

Dubai, as a city, is high on fashion. It has everything, right from globally renowned brands to Arabic couture. The city has become the Middle East’s fashion oasis thanks to the retail development of the preceding decades. And UK investors, being no strangers to the ready-to-wear industry, can choose to carry the garment trading business in Dubai. For the fashion and retail sector in the UAE, Statista Market Forecast predicted revenue of US $ 2,337 million in 2021, increasing annually by 11.88% by 2025 to reach a projected market volume of $3,662 million. Given the positive growth, a garment trading business will undoubtedly flourish in Dubai’s favourable business environment. So if you want to start a garment trading business in Dubai, keep reading. This blog will explain all you need to set up a garment business in the UAE, including the benefits, documents, procedures, and costs. What Are the Benefits of Starting a Garment Business in Dubai? A businessperson may establish a company in the UAE for various reasons. The following are some of the benefits you can reap from a garment business in Dubai: Massive market to grab and a fantastic chance to enter local markets. International exposure to strengthen your brand’s visibility. Simple setup on the Mainland, free zone, and offshore There is no personal tax to be paid. Connectivity and a strong network that makes transit easier Excellent seaports 100% foreign possession What Documents Do You Require to Start a Garment Business in Dubai?  All businesses in the UAE are required to adhere to the documentation requirements outlined by the governing agencies. The following documentation is necessary to launch a garment trading business in Dubai: A copy of your passport Passport-size photographs A copy of your entry visa Additionally, your need for additional documentation is based on the chosen business activity, business structure, location, trade license of your clothing business in Dubai, and many more. Our setup specialists can provide you with a detailed document list based on the requirements of your garment business. What is the Procedure to Start a Garment Business in Dubai? To start a readymade Garment trading business in Dubai, follow these steps: 1. Recognise Dubai’s Framework for the Garment Industry The apparel sector in the United Arab Emirates is growing. It makes up the bulk of the nation’s retail market. Consequently, you should know the regional apparel market to launch a readymade garments business in Dubai. Also, research and become familiar with regional trends. One of the best ways to avoid turning into just another unsuccessful clothes company is to acquire valuable tactics to assist your business in growing. 2. Identify Your Target Audience and Material Sourcing Creating a fashion business without considering your target market will only harm you. Identify whom you want to serve and what you want to give them. Study the market, and see what’s trending. Search for a gap in the market and target. Furthermore, if possible, bring something new to the market to set a benchmark and carve your own niche. Additionally, you will have to decide what kind of material you want and where you want to source it from.  3. Choose a Name for Your Garment Business You can choose and register a name for your clothing store with any of the UAE Registry Offices. The business’s name must comply with the UAE’s naming regulations. These regulations are extensive, and it will be best to have an expert opinion on your preferred names. Also, the name must be available to register. So ensure that your name is unique and speaks for you on your behalf. 4. Choose Company Structure Dubai allows you to establish a company that follows one of the following legal structures – a limited liability company (LLC), a branch office, or a sole proprietorship. The structures can determine the right taxes for your company, the amount of control you have as a stakeholder, and more. Hence, choose it wisely. 5. Choose a Business Location Dubai provides you with two options for where to start up your clothes business, the Mainland region and the Free zone region. Free Zones provide specific benefits, including the ability to repatriate 100% of your capital and profits. However, establishing a Free trade zone limits your ability to operate outside that region. This is where mainland setup excels, as going with this option enables you to open branches across the country. Thus, consider your needs and expansion plans before choosing a location. 6. Apply for a License After deciding your business’s legal structure, place of operation, and trading name, you may apply for the license. Garment trading requires a trading license. You must contact the respective free zone authority if you choose to set up your business in a free zone. However, you must contact the DED if you choose to set up on the Mainland. Carefully list the activities you will be performing since you are not allowed to carry out any operation that falls beyond the scope of your license. 7. Obtain a Trade License After completing each stage, you may get your trade license. Your textile business in Dubai now has legal status. You can sponsor the visas of your employees and domestic staff. To manage all financial activities for your garment company, you will also have to open a corporate bank account. 8. Have an Omnipresence Having an online presence allows you to connect with more people than you would if you only operated a physical firm. Choose the platform that offers the finest tools for maintaining and expanding your online business. For your brick-and-mortar store, you can select a selection of shopping centres, malls, kiosks, and stand-alone retail stores. How Much Does It Cost to Start a Garment Business in Dubai? In Dubai, the license fee for readymade garments is approximately AED 15,000, excluding trade name registration fees and company registration fees. Make sure your readymade clothing license covers your business’s activities. Additionally, you can speak with the business specialists at
Read more
Financial Consultancy License in Dubai

How to Get a Financial Consultancy License in Dubai?

Numerous businesses on the Dubai mainland and free zones offer considerable opportunities for a profitable financial consulting firm. Such a firm has experience assisting entities with reliable information and sound counsel tailored to meet their financial needs. However, for that, a financial consultancy license in Dubai is the very first prerequisite. Without a license, you cannot offer any services in Dubai. In fact, under the Instant Licenses initiative in Dubai, over 19,000 businesses were granted professional licenses till May 2024. So, if you want to know how to get a financial consultancy license in Dubai, this blog is for you. We’ll walk you through the complete process of getting a consulting license for your firm, including the paperwork and expenses. What Are the Benefits of Starting a Financial Consultancy in Dubai? Here are some benefits of starting a financial consultancy in Dubai: You have a potential clientele for your financial consulting services or investment firm in Dubai because of the city’s abundance of family businesses and ultra-high net worth individuals. Besides, the demand for top financial consulting firms is increasing as business establishments in Dubai rise. The UAE‘s exceptional ease of doing business eases establishing and running a licensed financial consultancy there. Moreover, the setup procedure is digitised and thus takes only a brief time. The UAE government has a history of supporting policies advantageous to various industries. For instance, DIFC plans to establish a Global Family Business and Private Wealth Centre in Dubai, expecting to draw family businesses and high-net-worth individuals from local and international markets. The UAE has the most skilled labour force in the world, with specialists in many different industries. Dubai offers a first-rate transit system, amenities, and technology breakthroughs. Your financial consulting firm can leverage these benefits, especially the technological solutions, to ease the analyses involved in your services. The UAE has been revising its visa policies to accommodate UK businesspeople. You can thus open corporate bank accounts and obtain visas with ease. Also, these visa amendments help recruit and retain skilled workers. You can have 100% ownership of your financial business in Dubai. Moreover, you can repatriate profits completely and enjoy almost no taxes. What Documents Do You Require to Get a Financial Consultancy License? Opening a financial consultancy is simple and requires minimal paperwork in Dubai. The relevant authorities will issue you a consultancy license in Dubai for your financial firm once they have confirmed the accuracy of your papers.   The following are some of the documents needed for every business license in Dubai: Copies of passports and visas  Two passport-size photographs  Entry visa and stamp pages Depending on your preferred location and company structure, you may require a few additional documents in addition to those listed above. Furthermore, depending on the financial services you plan to provide, you could need specific approvals and certificates.  Note that a complete set of documents might speed up the license issuance process. Our consultants can help you with a detailed list of required and supplementary documentation for a financial consultancy license. How to Get a Financial Consultancy License? Since a financial consulting firm handles the financial aspects of various businesses, the work comes with many responsibilities. You need to be qualified and credible to get a license in the first place. Once you have obtained it, you can legally provide financial consulting services to organisations, including determining their financial situation, analysing their investment strategies, and locating and assessing capital growth alternatives. Following is a step-by-step guide for obtaining a financial consultancy license in Dubai: 1. Register the Name  You would first need the company name registration of your financial consulting business. Decide a suitable name for your financial consulting company, and then register it with the appropriate authorities. Following the UAE company naming regulations and name availability, our consultants can assist you with registering your company name. 2. Decide Your Company Structure When submitting your paperwork to apply for a financial consultancy license, you need information about your intended corporate structure. So, choose a company structure for your financial consultancy business based on its legal status. In Dubai, your company structure could be a sole proprietorship, a Limited Liability Company (LLC), a public or private partnership, or a foreign or GCC company’s branch. 3. Choose a Location You can establish your financial consulting business either on the Dubai mainland or in one of the free zones. So, choose a location based on your business requirements.  A few free zones specialise in handling finance-related businesses. For example, DIFC is the financial hub. On the other hand, some free zones have mixed sets of companies, such as the Meydan Free Zone. It houses trading companies, import-export businesses, consultancy and professional services, advertising and marketing firms, and so on. Therefore, confirm that the location you are considering has the necessary infrastructure for a financial consultancy to operate effectively. Furthermore, the price of your business license will vary depending on where you decide to run a business. For this reason, when selecting a location, consider your budget. Upon choosing a location, start looking for a physical office space. As you may need to rent or lease an office, evaluate your budget. Once you’ve chosen a location, you’ll need to sign a rental or lease agreement. 4. Apply for the License  Now, it’s time to apply for a financial consultancy license. Since your financial consulting firm will render services, apply for a professional license.  So, select the relevant license and submit the required papers. Then, pay the license fee. Furthermore, the Security Commodity Authority (SCA) must grant pre-approval in the UAE. Our professionals can help you obtain each document you need to get a financial consultancy license. 5. Get Your License The relevant authorities will issue you a financial consulting license if you complete the preceding stages and your paperwork is accurate and valid.  Once your financial consultancy has obtained a license, you are authorised to lawfully carry out all your intended services and routine business activities. It may include
Read more
management consultancy license in Dubai

How to Obtain a Management Consultancy License Dubai?

The UAE’s favourable environment for UK entrepreneurs offers ample scope for management consulting businesses. It is designed for those with in-depth knowledge about a specific field who would like to act as consultants to the firms in this field. And a management consultancy license in Dubai is the first and foremost requirement.  A business license is a requirement that every business entity must fulfil. Once you’re a licensed business, you can legally assist various businesses through your consulting services and set the ball rolling. So, if you’re wondering how to get a management consultancy license in Dubai, this blog is for you. We’ll walk you through the entire process of becoming a licensed management consulting firm, including the documentation and costs. What Are the Benefits of Starting a Management Consultancy in Dubai? Here are some benefits of starting a management consultancy in Dubai: Starting and running a licensed management consultancy in Dubai are convenient tasks, thanks to the UAE’s outstanding ease of doing business. The setup process is digitised, consuming a short duration. The UAE’s talented workforce can help you manage administrative details, complete the actual consulting assignments, and so on. As work processes become more expansive and the UAE’s economy becomes increasingly globalised, the necessity for good management consulting firms has never been greater. Dubai houses a variety of businesses. Your management consultancy would find many intellectually challenging responsibilities, adding to its skill set.  Dubai has an excellent infrastructure, technological advancements, transportation network, and amenities. Your licenced management consultancy will face no issues in getting the visas. The UAE has been modifying its visa rules to suit UK entrepreneurs. Also, you can easily open corporate bank accounts. You can have 100% ownership of your business consultancy in Dubai. Moreover, you can repatriate profits completely and enjoy almost no taxes. What Documents Do You Require to Get a Management Consultancy License? To obtain the license, you must proceed with arranging the required documents. You’ll need to submit these documents to the concerned authorities. Once they ensure the thoroughness, accuracy, and validity of your paperwork, they’ll grant you a consultancy license in Dubai for your management firm. Keep in mind that a complete set of documents can speed up the process of obtaining a management consultancy license.  The following are some of the required documents: Copies of passports and visas  Two passport-size photographs  Entry visa and stamp pages Apart from these documents, there are a few more documents you’ll need. The type of documents depends on your chosen location and company structure. Moreover, you may need certain approvals and certificates based on the business activities you’ve planned to undertake. Our consultants can provide you with a comprehensive list of necessary and supplemental documents and the additional prerequisites of a management consultancy license. How to Get a Management Consultancy Licence? Approaching potential clients and being able to share your consultancy licensing credentials increases your credibility. It also shows that you’re invested in and determined to achieve the management consultancy’s success. It makes the management consultancy license in Dubai more useful and legally necessary. So, to start a licensed management consultancy in Dubai, you must follow some steps to acquire the management consultancy license in Dubai. Following is the process for obtaining a management consultancy license in Dubai: 1. Register the Name  To get a management consultancy license, you’d first need to register the name of your management consulting business. So, choose a proper and legal consulting business name. Then, get it registered with relevant authorities. Note that company names are subject to availability. Thus, ensure you choose a unique name. Moreover, you must follow the UAE government’s naming guidelines to name your company to avoid any legal issues. Our experts can help you with your company name according to the UAE guidelines and name availability. 2. Decide Your Company Structure You’d need to specify your company structure when you apply for a management consultancy license in Dubai. Thus, decide on a company structure for your management consulting firm based on its legal existence, future goals, etc. In the UAE, your company structure could be a sole proprietorship, a Limited Liability Company (LLC), a public or private partnership, or a foreign or GCC company’s branch. 3. Choose a Location You can establish your management consulting business either on the Dubai mainland or in one of the free zones. So, choose a location based on your consultancy business requirements. You can check if your desired location allows running a management consultancy and has sufficient facilities for its smooth functioning. Once you decide on a location, look for a physical office space. Consider your budget as you’d need to rent or lease the place. 4. Apply for the License  After you’ve registered your consulting firm’s name, selected a company structure, and rented or leased a business location, it’s time to apply for the management consultancy license in Dubai. Since your management consulting company will render services based on intellectual abilities, you’ll need to apply for a professional license. So, select the relevant license, submit the required papers and pay the fee. You may need to submit additional documents such as your tourist visa, naturalisation book, and certain other approvals. Our professionals can help you obtain each document to get a management consultancy license in Dubai. 5. Get Your License If you’ve successfully chosen the name, structure, and location of your business and your paperwork is valid and accurate, the concerned authorities will grant you a management consulting license. Once your consultancy is licensed, you can legally carry out all your planned business activities and leverage government reforms and initiatives for UK entrepreneurs. Cost Of A Management Consultancy License In Dubai The cost of getting a management consultancy license in Dubai is normally somewhere between 15,000 and 30,000 AED Depending on your business location and business activities, besides a few factors such as visas and proof of qualifications.  Shuraa UK branch’s knowledgeable advisors can help you with the exact cost of a management consultancy license in
Read more
Business in Dubai

What Are the Benefits of Doing Business in Dubai?

Doing business in Dubai is a dream for many. And why not? Dubai has everything you need to set up a successful business. The benefits are endless, and to reap them, all you need is a profitable business idea. With more than 5000 British companies running their operations in the UAE, the UK-UAE business ties continue to grow strong. UAE offers several incentives for UK entrepreneurs to invest and operate in the UAE. For starters, the UAE’s diversified economy is stable and expanding. Moreover, it is an entry route into other GCC or Gulf Cooperation Council countries, making it a crucial market.  So if you are a UK entrepreneur who wants to invest in the UAE or start a business in the UAE, continue reading. This blog will walk you through the attractive benefits of doing business in Dubai, the process you must follow, the documents you will need, and the cost of starting a business here. What Is the Best Business to Start in Dubai? Choosing an activity with a potential future for expansion is crucial for an entrepreneur or investor. Fortunately, Dubai boasts ample opportunities for all kinds of businesses. So if you are searching for the best business to start in Dubai, you may consider the following few options:  Business Consultancy: With so many businesses operating in Dubai, the need for experts is always high. As a business consultant with extensive experience in a particular field and in-depth knowledge, you can help businesses grow multifold by consulting them on various aspects.  Digital Marketing: Almost all businesses need help advertising themselves to stay ahead of their competitors. The global competition is cut-throat, and one must present themselves as leaders to attract the audience, increase sales, and more. As a digital marketing company, you can help companies to promote themselves, create brand awareness, and more. Travel & Tourism: Undoubtedly, travel and tourism is a booming sector in Dubai, welcoming millions of visitors each year. You can sell packages, assist with hotel bookings, offer travel insurance, and establish yourself in this industry.  IT Services: Dubai is constantly evolving in the technology domain, and so are its businesses. Most businesses today need assistance with emerging technologies like artificial intelligence to recreate experiences for their customers. As an IT company, you can offer cloud services, backup solutions, network security, and more. Food & Beverage: Besides its tourism industry, Dubai is famous for its restaurants and cafes. You can venture into the industry by opening a restaurant, cafe, or delivery service.  What Are the Benefits of Doing Business in Dubai? Doing business in Dubai can be fruitful if you carry out your operations carefully and within legal boundaries. Following are some attractive benefits you can reap:  1. Ease of Operations  UK companies can efficiently operate in new economic sectors and utilise cutting-edge technology because of the UAE government’s strategy for the future. Furthermore, the government here is incredibly supportive of budding entrepreneurs and small businesses, offering attractive incentives to these companies.  2. Easy Setup Process  Setting up a business in Dubai is straightforward. The entire process is streamlined and can happen digitally, reducing the need for extensive paperwork.  3. Strategic Location  Dubai’s strategic location will allow UK investors to explore untapped markets, especially for trade and logistics. It is located at the crossroads of the East, West, North, and South. Furthermore, thanks to its world-class airports, Investors can easily access ⅔ of the world within 8 hours of flight time.  4. Talented Workforce  Employees are the driving force behind a successful business. Dubai boasts an exceptionally talented workforce with extensive experience that will help you take your business to another level. 5. Advanced Infrastructure  Companies need more than just 4 walls, offices, and desks to excel. Furthermore, different businesses have different requirements. Dubai’s advanced infrastructure and high-end technology meet the needs of all companies, empowering them to prosper.  6. Multidisciplinary Free Zones  Dubai is home to 20+ multidisciplinary free zones that focus on and foster diverse business activities. Furthermore, the investors get 100% tax exemption, business ownership, and repatriation of capital and profits. Also, these free zones offer several options at competitive, pocket-friendly prices. 7. High Quality of Life Dubai is a cosmopolitan city – a melting pot of cultures. Furthermore, the standard of living here is relatively high, increasing the demand for premium, high-quality products. Thus starting a business catering to lifestyle, wellness, and beauty can be a profitable venture.  How to Start a Business in Dubai? Doing business in Dubai is easy, given that you understand the process in and out. An in-depth understanding will make it easier for you to apply and get a valid licence to carry out your preferred business activity.  It is crucial to note that the business setup process differs from activity to activity. Some businesses will need additional permits, depending on the sensitivity of the activity. Following is a general overview of the process:  Choose a business activity of your interest.  Next, decide on a legal structure for your company. Your company’s legal structure will determine the stakeholders’ responsibilities and their powers.  Once you decide on your legal structure, select a suitable name for your company. Ensure that your name complies with the rules and regulations of the government.  Next, apply for a licence, submit all documents, and pay the fees. Your choice of business activity will determine the licence you will apply for. Dubai offers several licences, and thus, make sure you choose the right one. You may also need to take pre-approvals before applying for a licence.  Search for a suitable office space that will meet your needs. You can either rent or lease a space in Dubai.  Once you get your licence, you can start your business.  What Documents Do You Require to Start a Business? You must submit relevant documents to the authorities to get a valid licence. The list of documents varies from business to business. However, some documents are common to all businesses. They are as follows:  Passport-size
Read more
starting business in Dubai foreigner

Starting a Business in Dubai as a Foreigner

According to new research, UK-based business owners have been expanding their businesses to the UAE increasingly. And why not? Dubai has everything to help UK entrepreneurs tap into new markets. More specifically, Dubai and its associated free zones are being seen as promising for starting a business in Dubai as a foreigner in 2024.  In the first half of 2023, Dubai witnessed a remarkable 43% increase in new business registrations. The number of new UK business registrations in Dubai has also seen a steady increase in recent years. Dubai’s geographical location as a gateway to the Middle East and Africa makes it an ideal base for UK businesses seeking to expand their reach in these markets.  Dubai Multi Commodities Centre (DMCC), one of the more well-known free zones in Dubai, has played a crucial role in developing UAE-UK trade relations. DMCC welcomed 2,692 new businesses in the last year, bringing the total number of companies in DMCC to over 24,000.  The UAE government has also made several changes to encourage foreign investors, such as allowing 100% foreign ownership in many sectors and offering special visas for entrepreneurs.  So, if starting a business in Dubai as a foreigner is on your mind, keep reading further.  Why Start Business in Dubai as a Foreigner in 2024?  Starting a business in Dubai as a foreigner in 2024 comes with numerous advantages that make it an appealing destination for entrepreneurs worldwide:  1. Tax Benefits  Dubai offers 0% personal tax and limited corporate income tax in many sectors, allowing you to maximize your profits. This tax-friendly environment is one of the biggest draws for foreign investors looking to grow their businesses.  2. Ease of Doing Business  Dubai has consistently ranked high in global indices for ease of doing business, thanks to its efficient government processes and streamlined procedures.  3. Smart City Initiatives  The emirate’s commitment to technological advancements and smart city initiatives provides a conducive environment for innovation.  4. Political Stability  The emirate’s stable political environment and strong leadership contribute to its overall attractiveness for foreign investors.  5. Expanding Economy  Dubai’s economy continues to grow at a steady pace, driven by sectors such as tourism, trade, real estate, and technology.  6. Free Trade Zones  Dubai has over 50 Free Trade Zones, where you can benefit from 100% foreign ownership, 100% repatriation of profits, and no customs duties. Each Free Zone specializes in different industries, from tech to logistics, giving you a business-friendly environment tailored to your specific needs.  Business Setup Options in Dubai as a Foreigner (Mainland, Freezone, and Offshore)  When starting a business in Dubai, foreign investors have three primary options: Mainland, Freezone, and Offshore. Each option has its distinct advantages and considerations.  1. Mainland Company  A mainland company operates within the mainland territory of Dubai and is subject to local laws and regulations.   Key Features:  You can do business anywhere in the UAE and internationally, without limits on the geographical area.  Businesses can be 100% foreign owned.  Can engage in a wide range of business activities, including trade, manufacturing, services, and real estate.  You must rent or lease physical office space (no virtual offices allowed).  Subject to corporate tax, VAT (Value Added Tax), and other applicable taxes.  2. Free Zone Company  Dubai’s Free Zones are designed to attract foreign investment by offering a range of incentives. Each Free Zone specializes in different industries, such as technology, finance, and logistics.  Key Features:  Operates within a designated free zone area in Dubai.  Businesses can be 100% foreign owned.  Restricted to activities permitted within the specific free zone.  Generally, exempt from corporate tax and VAT.  Trade is primarily conducted through international trade channels.  Popular Free Zones:  International Free Zone Authority (IFZA)  Dubai International Financial Centre (DIFC)  Dubai Multi Commodities Centre (DMCC)  Jebel Ali Free Zone (JAFZA)  3. Offshore Company  Offshore companies are ideal for businesses that don’t intend to operate within the UAE but want to benefit from Dubai’s favorable legal framework. These companies are often used for international trading, holding assets, or tax planning.  Key Features:  Primarily a legal entity for holding assets and conducting international trade.  100% foreign owned.  Limited to holding assets, conducting international trade, and providing certain services.  Generally, exempt from corporate tax and VAT.  Primarily focused on international trade.  Choosing the Right Setup  Mainland: Ideal if you want to tap into the local UAE market or bid for government contracts.  Free Zone: Best for international business, tax benefits, and industry-specific advantages.  Offshore: Perfect for businesses looking for international trade, asset protection, or tax optimization without the need to operate within the UAE.  Documents Required for Starting a Business in Dubai as a Foreigner  Starting a business in Dubai as a foreigner involves a clear process, and having the necessary documentation in place is essential. The exact requirements may vary depending on whether you’re setting up a Mainland, Free Zone, or Offshore business, but here are the general documents you’ll need:  Passport copies of all business owners and authorized signatories  Visa copies for all individuals involved in the business  Proof of address  Business plan  No Objection Certificate (NOC), if required  Trade name reservation certificate  Tenancy contract or office lease agreement  Business license application form  Bank reference letter  How to Start a Business in Dubai as a Foreigner?  As a foreigner, you must go through various steps to launch a business in Dubai. Here’s a step-by-step guide to help you understand the process and make your entrepreneurial journey smooth:  1. Choose Your Business Activity  The first step is to decide what type of business you want to start. Dubai offers a wide range of business activities, from trading and consulting to manufacturing and tech startups. Ensure your chosen activity complies with the UAE regulations  2. Select a Business Jurisdiction & Structure  Choose a Business Structure that suits your business needs:  Sole Proprietorship: Suitable for small-scale businesses, but the owner is personally liable for debts.  Mainland Limited Liability Company (LLC): The most common choice for foreign investors, offering limited liability and flexibility. 
Read more