How to set up a business in Dubai

There will never be a good time in Dubai for company formation. That would be a statement that could have been made at any point in the last decade or so, but the signs are especially encouraging right now. There isn’t a week that goes by without another ambitious project being announced or delivered, and the UAE’s growth projections indicate that it’s a bandwagon worth jumping on right now.

If you want to start up a business, the good news is that company formation in Dubai is now a comparatively simple and quick process with strong incentives, most notably in the form of free zones in the UAE.

Although the technical, administrative, and financial aspects of company formation in Dubai may appear daunting, it is far more straightforward and affordable than you might think by following a simple process with the right support.

The nature of the work may influence which free zones you can or should establish yourself in. Some free zones, for example, only allow certain types of activity, such as media, medical, or transportation, and aside from the restrictions, it often makes sense to set up near businesses in the same sector. Consider transportation options as well. If your company relies heavily on imports and exports, you should consider locating it in a free zone near an airport or port.
The UAE has some strict nomenclature, so make sure your company name adheres to them before committing to it. Any names that contain offensive language, as well as any company names that refer to Allah, Him, or any other religious, sectarian, or political groups, such as the FBI or the Mafia, are prohibited. If you choose to name your company after someone, that person must be a partner or owner, and their full name must be used – no initials or abbreviations.
You will be supposed to submit an application to the relevant government authorities for your chosen company name and activity, along with copies of shareholders’ passports.
The government will issue you your company license once your application has been processed.

Company formation in Dubai is not only simple, huge kudos to the inclusive conditions of the free zones, but it can also be accomplished in just over a week with the correct experienced support. Meydan Free zone has assisted numerous businesses in establishing themselves in various free zones. Meydan Free Zone’s goal is to provide businesses and entrepreneurs with all they need to build a business. Meydan Free Zone offers over 1,500 business activities to choose from, as well as efficient, seamless, and cost-effective startup options, whether you are looking to establish or expand your business.