Have you ever wondered why so many European entrepreneurs are expanding their businesses to Dubai? It’s not just the palm-shaped islands or the futuristic skyline anymore; it’s the promise of growth without the usual red tape or high taxes. For Portuguese business owners, Dubai offers something rare: an easy gateway to Asian and African markets, flexible company laws, and 100% ownership opportunities. It’s where a small idea from Lisbon or Porto can reach the global stage.
Over the past few years, trade between Portugal and the UAE has grown steadily. Portuguese exports, including machinery, telecommunications equipment, and wood products, are in high demand in Dubai. Plus, strong bilateral agreements like the Double Taxation Treaty make it easier for Portuguese investors to manage finances and operate confidently in the UAE.
Dubai offers zero personal income tax, low corporate taxes, and full repatriation of profits – benefits that are hard to find in Europe. Add in the high quality of life, safety, advanced infrastructure, and easy access to international markets, and it’s clear why Dubai is becoming a favourite for Portugal-based businesses.
If you’ve ever thought about taking your Portuguese business global, this guide is the perfect place to start.
Why Portuguese Entrepreneurs Should Consider Doing Business in Dubai
Before you start your business in Dubai, it’s worth understanding why so many Portuguese entrepreneurs are choosing to expand here:
1. Strong Portugal–UAE Trade Relationship
Trade between Portugal and the UAE has grown steadily in recent years. Portuguese exports to the UAE include machinery, wood products, cork, and telecommunication equipment – all industries that have strong demand in Dubai. The two countries also have a Double Taxation Agreement, which prevents income from being taxed twice and makes cross-border business much simpler and more profitable.
2. 100% Foreign Ownership in Most Business Activities
Until a few years ago, foreign investors needed a local sponsor to start a company in Dubai. But now, under the UAE’s updated company law, foreign entrepreneurs (including those from Portugal) can own 100% of their business in most sectors.
3. Simple, Fast, and Digital Business Setup
Unlike many European countries, Dubai offers a straightforward and fully digital setup process. With the help of experts like Shuraa UK, Portuguese entrepreneurs can complete almost everything – from company registration to bank account opening- remotely.
4. Tax Advantages and Full Repatriation of Profits
Everybody knows that Dubai is one of the most tax-friendly destinations in the world. There’s no personal income tax, no capital gains tax, and corporate tax exemptions in many free zones. Even the new 9% corporate tax doesn’t apply to qualifying Free Zone companies. On top of that, you can repatriate 100% of your profits and capital back to Portugal without restrictions.
5. Opportunities Across Diverse Sectors
Dubai’s economy is now driven by industries like technology, renewable energy, logistics, real estate, tourism, finance, and trade. For Portuguese entrepreneurs, this diversity means endless possibilities to enter new markets or expand existing ones.
6. Growing Portuguese Community and Bilateral Support
There’s a steadily growing Portuguese business and expat community in Dubai, creating a familiar environment for new entrepreneurs. Plus, organisations like the Portuguese Business Council in Dubai and Northern Emirates (PBC-DNE) actively promote trade and investment between both countries.
Types of Jurisdictions in Dubai for Portuguese Business
When considering business setup in Dubai from Portugal, one of the first and most important decisions is choosing the right jurisdiction. The UAE offers three main options – Mainland, Free Zone, and Offshore.
1. Mainland Company
A Mainland company allows you to operate anywhere within the UAE and internationally. It’s ideal if you plan to do business directly with the local UAE market or want to open physical offices, retail stores, or service outlets.
- You can take on government projects and contracts, which Free Zone or Offshore companies usually cannot.
- 100% foreign ownership is now allowed in most business activities.
- Mainland companies are regulated by the Dubai Department of Economy and Tourism (DET).
2. Free Zone Company
Free Zones are special economic areas designed to attract foreign investment. They offer full foreign ownership, tax exemptions, and simplified setup processes. These are perfect for Portuguese entrepreneurs who want to operate internationally or regionally without needing a local partner.
- Enjoy 0% personal income tax and no customs duties on imports and exports within the Free Zone.
- Quick setup and easy visa processing for investors and employees.
- Great for online businesses, consulting, trading, logistics, and tech-based companies.
Popular Free Zones for Portuguese Entrepreneurs:
- IFZA (International Free Zone Authority)
- AFZ (Ajman Free Zone)
- RAKEZ (Ras Al Khaimah Economic Zone)
- DMCC (Dubai Multi Commodities Centre)
- Meydan Free Zone
3. Offshore Company
An Offshore company is designed mainly for international trade, holding assets, or managing global operations, rather than for conducting business within the UAE.
- Offers 100% foreign ownership and zero taxation on profits.
- No requirement for a physical office space in the UAE.
- Perfect for asset protection, wealth management, and tax optimisation.
Offshore companies are registered in jurisdictions like JAFZA Offshore or RAK ICC (Ras Al Khaimah International Corporate Centre).
Popular Business Activity in Dubai for Portuguese Business
Here are some of the most popular business activities among Portuguese entrepreneurs in Dubai:
- Trading and Import–Export
- Food and Beverage (Restaurants, Cafes, Bakeries, Catering)
- Real Estate and Property Management
- Business Consulting and Professional Services (Finance, Marketing, Legal, HR)
- Tourism and Hospitality (Travel Agencies, Tour Operators, Event Management)
- Tech Startups and Digital Businesses (App Development, E-commerce, AI, Fintech)
- Manufacturing and Industrial Services
- Logistics and Supply Chain Management
- Health and Wellness Services (Clinics, Fitness, Spa, Nutrition)
- Education and Training Services (Language Centres, Professional Courses, Tutoring)
- Import of Portuguese Speciality Products (Wine, Olive Oil, Cork Products, Gourmet Foods)
- Creative Services (Media, Marketing Agencies, Design Studios, Photography/Videography)
- Retail (Fashion, Accessories, Lifestyle Products)
- Renewable Energy and Sustainability Solutions
- Maritime and Shipping Services
- Automotive Sales and Services (Car Dealerships, Auto Parts, Rentals)
Each of these activities comes with its own licensing requirements, which depend on the nature of your business and the jurisdiction you choose. Shuraa UK can help you identify the right business activity and license type that fits your goals and ensures quick approval from the relevant authorities.
Documents Required for Portuguese Nationals to Start a Business in Dubai
When setting up a business in Dubai from Portugal, having the right documents ready can make the process smoother and faster. Here are the typical documents required:
- Passport copies of all shareholders and directors
- Passport-size photographs
- Proof of residence in Portugal (utility bill, bank statement, or government ID)
- Business plan (if required for certain activities)
- No Objection Certificate (NOC) if applicable
- Bank reference letter or financial statements (if required)
- Parent company documents for branch companies (Certificate of Incorporation, Memorandum & Articles of Association, Board Resolution)
- Additional approvals from Dubai authorities for regulated activities (e.g., health, education, food, trading)
How to Start a Business in Dubai from Portugal?
Here is a comprehensive step-by-step guide for Portuguese entrepreneurs:
1. Decide on Your Business Activity
Choose the activity that aligns with your goals, expertise, and market demand. Popular activities for Portuguese entrepreneurs include trading, F&B, consulting, real estate, tech startups, and import/export. Keep in mind that each activity requires a specific type of license.
2. Choose Business Jurisdiction
Decide between Mainland, Free Zone, or Offshore. Free Zone is best for 0% tax, 100% foreign ownership, and international clients. The mainland is essential if you must sell directly to the public in Dubai.
3. Select a Legal Structure
Decide your company type based on control, liability, and business activity:
- LLC (Limited Liability Company): Requires at least one local sponsor for certain activities but offers flexibility for Mainland operations.
- Sole Establishment: Owned by a single person, usually for professional services.
- Branch Office: Extends an existing foreign company into Dubai.
- Free Zone Company: Allows full foreign ownership and easy licensing.
4. Reserve a Company Name and Get Initial Approval
Pick a name that complies with Dubai’s naming rules (no offensive or restricted words). Submit your application for name reservation and initial approval from the relevant authority.
5. Secure Office Space
Rent a workspace that meets regulatory requirements. Mainland company requires a verifiable physical office and registration via Ejari. Free Zone offers flexi-desk, shared office, or virtual office packages that are usually sufficient, often included in the license fee.
6. Final Business License Issuance
Pay the final licensing fees and submit all signed, attested documents (including the lease). The authority issues your Trade License (Commercial, Professional, or Industrial License) and the Certificate of Incorporation (or Establishment Card). Your business is now legally registered.
7. Open Corporate Bank Account
Open a corporate bank account in the company’s name. Most UAE banks require the appointed signatory (the owner/manager) to attend an in-person meeting in Dubai. Prepare to provide a detailed business plan, source of funds documentation, and personal bank statements (from Portugal).
8. Apply for a Residency Visa
Apply for your Investor/Partner Visa (and dependent visas, if applicable). This involves an Entry Permit, a mandatory Medical Fitness Test upon arrival in the UAE, and Emirates ID biometrics capture. (This step requires the Portuguese entrepreneur to physically visit Dubai)
Once all approvals, licenses, visas, and bank accounts are in place, your business can start functioning officially.
How Much Does It Cost to Start a Business in Dubai from Portugal?
Starting a business in Dubai from Portugal in 2025 is easier than ever, but it’s important to know the costs involved to plan your budget effectively. Free Zone license usually costs AED 6,000 – AED 30,000 (€1,400 – €7,500). Popular zones include IFZA, Ajman Free Zone, RAKEZ, and Meydan, offering 100% foreign ownership and a simple setup.
Mainland license cost is slightly higher, generally between AED 12,000 and AED 25,000+, depending on your business activity, approvals, and location. Additional expenses include visa costs (AED 2,000 – AED 5,000 per employee per year), office rental, and insurance (AED 3,000 – AED 10,000+ annually).
Working with an agency like Shuraa UK can help Portuguese entrepreneurs plan costs, choose the right jurisdiction, and complete the process quickly and efficiently.
Set Up Your Business in Dubai with Ease
Dubai is full of opportunities for Portuguese entrepreneurs, whether you want to grow your business, reach new markets, or enjoy a tax-friendly environment. From trading and tech startups to consulting and F&B, the city offers something for every business.
With Shuraa UK, Portuguese investors can get end-to-end support to make the process smooth and hassle-free. From documentation, company name approval, and licensing to bank account setup, visas, PRO services, office space, and sponsorship support, Shuraa ensures your business is fully compliant and operational.
Even if you’re still in Portugal, you can set up your Dubai business remotely with Shuraa’s expert guidance. Connect with Shuraa UK today!
