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Save to favorite Posted: 2 months ago Dubai, AE

Business Setup in Dubai

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Setting up a business in Dubai can be an exciting venture, given its strategic location, business-friendly environment, and opportunities for growth. Here are the general steps to set up a business in Dubai: Decide on Business Activity: Determine the type of business activity you want to engage in. Dubai offers various business sectors, including trading, manufacturing, services, and more. Choose a Legal Structure: Select the appropriate legal structure for your business. Common options in Dubai include Limited Liability Company (LLC), Free Zone Company, Branch of a Foreign Company, and Sole Establishment. Select a Trade Name: Choose a unique and appropriate name for your business. Ensure it complies with the naming guidelines set by the Department of Economic Development (DED) or the respective free zone authority. Obtain Initial Approval: Submit an application for initial approval from the relevant authority. The process and requirements may vary depending on the business activity and legal structure chosen. Draft and Sign the Memorandum of Association (MOA): If you're setting up an LLC, you'll need to draft and sign the MOA, outlining the details of the business, including ownership structure, shareholding, and responsibilities of shareholders.
Always stay safe! Never pay down a deposit in a bank account until you have met the seller, seen signed a purchase agreement. NO serious private advertisers ask for a down payment before you meet. Receiving an email with an in-scanned ID does not mean that you have identified the sender. You do this on the spot, when you sign a purchase agreement.

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