To set up a business in Dubai, you need to choose a business activity, obtain initial approval, select a legal structure, choose between mainland or free zone, submit documents, and apply for a trade license.
Free zones in Dubai offer 100% foreign ownership, full repatriation of profits, tax exemptions, and streamlined licensing processes. They are ideal for startups and international entrepreneurs.
Yes, many free zones and business consultants offer virtual office packages, allowing entrepreneurs to legally operate without renting a physical office space.
Dubai SME, Mohammed Bin Rashid Establishment, and Dubai Future Accelerators provide funding support, mentorship, co-working spaces, and access to government entities to empower startups and small businesses.
Entrepreneurs in Dubai can access funding through banks like Dubai Islamic Bank and Emirates Development Bank, as well as through angel investors, venture capital firms, and crowdfunding platforms like Eureeca and Beehive.
Yes, initial approval is a mandatory step in the Dubai business setup process. It indicates that the UAE government has no objection to you starting a business in the region.
Typical documents include passport copies, business plan, trade name reservation, initial approval certificate, and tenancy contract (Ejari). Specific requirements vary depending on the business activity and jurisdiction.
