FAQ
Q: What are the benefits of setting up a business in Dubai?
A: Dubai offers a business-friendly environment, zero taxes, state-of-the-art infrastructure, and access to a global market.
Q: What are the steps to set up a business in Dubai?
A: Choose a business activity, select a company name, register with the Dubai Chamber, obtain necessary licenses and permits, and open a corporate bank account.
Q: What are the different types of business licenses available in Dubai?
A: There are three main types: Commercial License, Professional License, and Industrial License.
Q: Can foreigners own a business in Dubai?
A: Yes, foreigners can own up to 100% of a business in Dubai, subject to certain regulations.
Q: What is the cost of setting up a business in Dubai?
A: The cost varies depending on the business activity, license type, and other factors, but it typically ranges from AED 10,000 to AED 50,000.
Q: How long does it take to set up a business in Dubai?
A: The process typically takes 2-4 weeks, depending on the complexity of the application.
Q: Do I need a local sponsor to set up a business in Dubai?
A: In most cases, yes, you need a local sponsor or a UAE national to hold 51% shares in your business.
Q: Can I set up a business in a free zone in Dubai?
A: Yes, Dubai has various free zones that offer benefits like 100% foreign ownership, tax exemptions, and simplified setup processes.
Q: What kind of support can I expect from Business Setup Dubai?
A: We offer end-to-end business setup services, including license application, registration, and banking assistance.
By providing clear and concise answers to frequently asked questions, Business Setup Dubai can help entrepreneurs and business owners make informed decisions about setting up their businesses in Dubai.