To open a business in Dubai, you need to own a couple of basic

• Posted by Ted Reddit August 24, 2022 Filed in Business 133 views
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  First of all, there are 7 Emirates in the UAE, and each one has its own procedures for opening a business. Although there are federal laws that apply throughout the country, each Emirate has its own applicable additional laws and regulations.

   

  For example, the procedures and requirements for opening a business in Dubai will be different than in Abu Dhabi.

   

  In addition, each Emirate has different options for registering a company - as an onshore or offshore company in the Free Economic Zone, along with a company with a local sponsor or a local agent in Dubai or another Emirate (not in the Free Economic Zone).

   

  

  Another important thing to consider when opening a business in Dubai or other Emirates is to determine the exact nature of the activities/services the company will provide.

   

   

  For example, if you register a company with a local sponsor in Dubai, UAE and decide to take part in public tenders in Abu Dhabi, it is likely that your company will be denied participation in such tenders in Abu Dhabi as the company in such cases must be registered in Abu Dhabi.

  Another example - you have decided to open a company and start doing business in the Free Economic Zone, such as the Emirate of Ras Al Khaimah, and then you realize that you need an office in Dubai: in this case you can only have a real office in Dubai if you open a branch of an existing company or a new company, which will require additional time and costs.

   

  Open a company - in Dubai or another Emirate of the UAE

   

  Many people think of Dubai when they decide to open a business in the UAE and they need advice business consultants in dubai https://emirabiz.com/.

   

  However, along with Dubai, there are a number of options for opening companies in the UAE.

   

  In general, if you are not tied to Dubai, registering a company in other UAE Emirates may be a more cost-effective and efficient option, including office and land/warehouse rental issues.