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Guide to Start Home Based Business in Dubai

There is no doubt in the fact that Dubai has worked towards ramping up its efforts to diversify business opportunities, including home-based business in Dubai. Today, more than 5000 British businesses operate across the UAE. To the surprise of many entrepreneurs, the UK’s interest in setting up businesses in Dubai increased by 192% between 2015 and 2018. It is a strong indication that Dubai offers the right environment for British entrepreneurs to set up a new business and enjoy access to the African, Middle Eastern, Central, and South Asian markets. There are already 2.9 million businesses running from entrepreneurs’ homes in the UK, and the UAE is following the suit. You can also start a home-based business in Dubai, given the technological advancements. This blog will walk you through all the advantages, requirements and the process of starting one. But before that, you must understand what a home-based business is. What is a Home Based Business in Dubai?  Given the circumstances and technological advancements, work from home has become the new normal in the past few years. Moreover, many entrepreneurs across the globe operate their businesses from the comfort of their homes. Unlike other businesses, you do not need a physical office to start your business operations from home.  To legalise your home-based business and conduct any type of trade, you must acquire an e-trading license. It has been simple to get an e-trading license in Dubai ever since the government’s bid to support SMEs. This initiative has boosted the issuance of e-trading licenses in the UAE. And why not? There are ample benefits to starting a home-based business. Benefits of Starting a Home-Based Business in Dubai Acquiring a home business license in Dubai offers many advantages for entrepreneurs. The primary benefit is working comfortably from your home, which can be very convenient too. Besides, some of the most prominent benefits that you can enjoy from a home-based business are: Be your own leader and boss. Enjoy the advantage of more flexibility and comfort; work at any time and anywhere you want. Choose your clientele and consumers. Get 100% ownership of your business since there is no need for a local sponsor.  There is no need for a physical office.  Home-based businesses are cost-efficient.  Get constant support from the Dubai government.  Leverage the advanced technological facilities offered by Dubai to grow your business rapidly.  You don’t have to pay any type of taxes, whether income tax, corporate tax or others.  Minimal to no capital investment is required.  Get a ‘Custom Client Code’ from Dubai Customs and facilities import and export.  What are the Requirements to Start a Home-Based Business in Dubai? If you decide to start a home-based business in Dubai, you must fulfill the following legal requirements: An FAIC establishment card Membership from the Dubai Chamber of Commerce and Ministry of Human Resources and Emiratisation Permission for up to 3 work permits  Trade name reservation Registration of business activities Apply for an e-trader license What is the Process to Apply for a Home-Based Business License in Dubai? Here’s what you need to do to acquire a home business license in Dubai:  Identify the Nature of Your Business Activity Determine Your Company’s Legal Structure Register the Trade Name Apply for Initial Approval Create LSA or MOA Choose Your Business Location Apply for Additional Government Approvals Submit Required Documents Pay Fees and Collect License Top 6 Trending Home-Based Business Ideas in Dubai Starting a home-based business in Dubai, all you need is robust internet connectivity, an intelligent device, and skills in your field of interest. To help you choose suitable business activities, here is a list of the top 6 home-based business ideas in Dubai: 1. Freelancing If you have got the required skills, qualifications, and experience in the niche, you can choose to offer freelance services. Some of the common freelance niches are content writing, digital marketing, digital art, and graphic design.  2. Home Bakery People of the UAE like devouring sweet dishes and bakery items. And since they’re super conscious about their diet, they prefer homemade, custom-baked savouries. Hence, you have an excellent opportunity to start a bakery from the comfort of your home.  3. Social Media Marketing Social and digital marketing is one of the rapidly growing, in-demand businesses. Many SMEs search for the appropriate agencies or freelance social media marketing services providers who can help them grow their business by leveraging digital channels.  4. Dropshipping You can sell products directly from suppliers to your customers through drop shipping without purchasing any stock upfront. You need to set up an eCommerce website, market the business and attract customers online. They place orders on your eCommerce site, and you must ship them accordingly.  5. Boutique The Emirati people are very conscious of their appearance and enjoy shopping for designer clothes. Therefore, if you have an interest and skills in fashion, you can start a boutique from the comfort of your home. 6. Consulting If you have the expertise and appropriate experience in a particular niche, opening a home-based consultancy is one of the most straightforward home-based business ideas in Dubai. It does not require any physical office and can be done remotely.  Connect With the Shuraa UK Branch Now that you know the benefits and process of starting a home-based business in Dubai along with top home-based business ideas in Dubai, wait no more. You can complete the registration process in just a few days and start business activities from your home with ease. If you still have any confusion or doubts about the home-based business establishment process, you can seek help from experienced business setup consultants.  The business setup consultants at the Shuraa UK branch are well versed with the whole process and required legalities. We can guide you at every step, clear all your doubts and complete the registration on your behalf in much less time. Moreover, we can help you acquire your home business license in Dubai at affordable rates. All you need to do
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Instant Trade License in Dubai

How Can I Get an Instant Trade License in Dubai?

Dubai is always known for taking advanced initiatives to establish visionary leadership in the world of business. One such initiative is an instant trade license in Dubai. According to the stats, the number of instant trade license owners in Q1 2020 reached 1,746 in the UAE. This indicates more and more entrepreneurs prefer this process today.  An Instant License in Dubai reduces human interaction through automated licensing procedures and makes it easy to access a business license within a few hours. With an instant license comes a guarantee that entrepreneurs can start their business activity immediately after securing the license. They can complete the remaining requirements of the trade license, such as paperwork and approvals from relevant legal departments.  Therefore, if you wish to start a business in Dubai but don’t want to spend too much time completing the registration process, you must apply for an instant trade license in Dubai. To do that, you must know the required documents, the process, and the costs involved. So, let’s start with getting you acquainted with the benefits. What are the Benefits of an Instant Trade License in Dubai? There are numerous benefits to applying for an instant trade license in Dubai. A few prominent ones are as follows: The application process is conducted online and is straightforward. The application process only takes a few minutes to complete. The complicated process of a tenancy contract or Ejari for a physical office is optional.  You are allowed to work from a virtual space for the first year. Moreover, you get time to settle down and find an office during the first year of operation. You can then shift your office to a physical space in the next year.  There is little paperwork. Waste no time in acquiring additional approvals or requests The business setup formalities are cost-effective Applying for an instant license is considered one of the best ways to explore the Dubai markets and analyse growth probability and feasibility. What are the Eligibility Criteria to Get an Instant Trade License in Dubai? An instant trade license can be obtained for four business legal forms – limited liability company LLC, sole proprietorship, and civil company. Furthermore, keep in mind that instant licenses in Dubai may only be granted for operations that do not need any external authorisation. Companies that require approvals from Dubai Municipality, the ministries or any other department cannot apply for an instant licence.   What is The Process to Secure an Instant License in Dubai? To obtain an instant license in Dubai, you have two options. Either you can submit an application through the DED e-services platform or partner with an authorised service centre or business consultant. Here’s what you need to do if you want to submit an application for an instant license in Dubai via the DED e-Services platform: Visit the Shuraa London Branch office. Choose a legal type or company structure: LLC, LLC-SO, Civil Company, or Sole Proprietorship. Select the business activities you wish to operate from the list of options provided by the DED. Take a decision on the shareholding structure for your business corporation. Decide on and submit at least three possible trade names for your company. Decide on the share capital of your business corporation. Fill in the remaining necessary details as directed and complete the application form. Attach the necessary documents. Once you submit the application, you will receive a payment voucher on your registered email ID. Pay the required one-time instant license fees, and you will receive your license. You can begin trading right after you receive your trade license from the Department of Economic Development. Note that if your company participates in any type of commercial activity, you should join the Dubai Chamber of Commerce and Industry. Moreover, you must purchase an establishment card from the General Directorate of Residency and Foreigners Affairs (GDRFA) (addition charges). Also, receive 3 work permits from the Ministry of Human Resources and Emiratisation for Workers (MoHRE) Documents Required to Get an Instant License in Dubai If you choose to apply through outsourced service centers, you need: Passport copies of all partners.  Original Emirates ID and Residence visa copy  No Objection Letter from current employer  In case you apply for a General Trading license in Dubai, you need to apply for DED e-services and obtain a Dubai Smart Pass ID. Submit the slip of your registered trade name and selected business activities. Additionally, share the details for the commercial registry, all business partners and managers. If you choose to apply through E-Services, you need: You do not need any additional documents Visit the concerned legal department with your original ID to create an account on the Dubai ID Smart pass (if you don’t have an existing account) Submit your trade name registration certificate and selected business activities. Additionally, present the details of the commercial registry, all the business partners and managers. What is The Cost of an Instant Trade license in Dubai? Recently, the Dubai Economy reduced the amount of an instant trade license cost in Dubai by over 90 percent, from 3,000 AED to 250 AED. This includes the cost of trade name registration. Moreover, the new fee for Dubai trade license costs will apply at the time of renewals for the existing license holders. If you are new to Dubai, you will also need to consider the visa application cost for you and your dependents. Connect With Shuraa UK If you’re a British citizen who wants to establish a business in Dubai without spending too much time completing the legal formalities, an instant trade license in Dubai is the best option for you. However, if you’re new to the process, it is best to partner with a business consultancy to ease the process for you.  Business setup consultants at the Shuraa UK branch can help you acquire an instant trade license within a few minutes. We have prior experience and can complete all the necessary formalities on your behalf in no time. Hence, while we
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Start a Digital Marketing Company in Dubai

How to Start a Digital Marketing Company in Dubai?

Dubai is home to diverse businesses of all sizes and structures. And why not? The excellent infrastructure, seamless connectivity to the rest of the world, advanced travel facilities, top-notch technology, favourable business conditions, expedited company setup, and promising economy make Dubai a popular choice amongst investors.  The United Kingdom and the United Arab Emirates have substantial commercial and business ties. More than 100,000 British nationals live in the UAE, where over 5,000 UK enterprises operate.  Also, in recent years, the Middle East has been projected to contribute 10% of worldwide digital marketing investment. As a result, if you are a UK investor who wants to start a digital marketing company in Dubai, the business environment is conducive.  The process of starting a digital marketing company is easy and simple. But before we tell you how to go about it, let’s first understand what is digital marketing.  What Is Digital Marketing? Digital Marketing is a popular business choice globally, given the increasing awareness of its benefits. Businesses are finally starting to realise the importance and benefits of a strong online presence. It not only gives you much-needed visibility but also gives you credibility. Furthermore, it also helps convert your potential clients to long-term clients and get more sales.  Any marketing strategy carried out using electronic devices is digital marketing. This includes internet-based marketing operations. Furthermore, a digital marketing agency may use websites, SEO, blogs, social media, video, email, and other avenues to reach the target audience.  All you need to start a digital marketing company in Dubai is a digital marketing licence. Let’s see how you can obtain the same with minimal effort.  How to Start a Digital Marketing Agency in Dubai? To start a digital marketing company in Dubai, you must follow a predefined process. Following is a simple overview of that process:  1. Determine Your Company’s Legal Structure The government offers multiple legal structures if you want to start a digital marketing company in Dubai. You can choose the one that meets your needs the best. A limited liability company is the most sought-after legal structure in Dubai. Following is a simple overview of the same. Limited Liability Company A limited liability company structure has 2 to 50 shareholders. Each of these shareholders is liable only to the extent of their share in the company. However, this licence comes with some terms and conditions. For starters, except for banking, insurance, and investing, this type of firm cannot engage in any professional or consulting activity. 2. Register the Trade Name Selecting a trading name can be tricky. Dubai has laid down strict rules and regulations for naming a company or business. Hence your trading name must comply with all the rules. Some rules apply specifically to certain business activities. Thus, in-depth knowledge of these rules will make it easier to choose a trading name. Following are some trading name rules common to most businesses:  You cannot start your trading name with the following words – “Middle East”, “international”, “Dubai”, or “global.” Your trading name must reflect your business activity. In this case, the trading name must reflect digital marketing. It should not be ambiguous or create misunderstanding.  You cannot duplicate somebody else’s name and submit the same to the department. They will reject it.  The trading name must be translated into Arabic.  These are some of the many rules laid down by the government. Experts at the Shuraa UK Branch can help you understand these rules and help you choose an apt trading name.  3. Decide Where You Set Up Your Company Dubai allows you to set up your company on the Mainland and Free Zones. Forming a mainland company is an attractive investment, especially for investors and businessmen. Companies on the Mainland exist and operate inside the confines of Emirati authority that are within commercialised regions. They are also eligible to apply for government projects.  As for free zones, Dubai has 20+ free zones. Most free zones offer 100% ownership, 100% repatriation of profits, and 100% tax-free operations. But that’s not all. There are more advantages to the mainland and free zone company setup. Both are distinct in their own ways, with their own pros and cons.   4. Apply for the License The process for licence application will depend on where you want to set up your company – Mainland or Free Zone.  You will have to submit your application form with the needed documents to the Department of Economic Development or the DED if you choose to set up your company on the Mainland. However, if you are going ahead with a free zone, your application will be directed to that free zone authority.  The application process is streamlined and quick. You might also have to apply for additional permits if you want special privileges.  5. Apply for Visas You will have to apply for your visa if you are not a Dubai or UAE resident. Furthermore, if you plan to hire employees from outside, you will have to sponsor their visas. Similarly, you must also apply for your partner and dependent’s visas.  Documents Required to Start a Digital Marketing Company You must submit a couple of documents to the respective authorities to obtain a digital marketing licence and start a digital marketing company in Dubai. Following are some of the documents you will need: Passport-size copies Passport copies of stakeholders  Entry stamp or visa page  Note.: The documents mentioned are only some of the many documents. Shuraa experts at the UK branch will give you a detailed list of all the documents. They will also help you get your documents in place to avoid mishaps.  How much does it cost to start a digital marketing agency? The cost of starting a digital marketing company in Dubai is influenced by several factors. These include the size of your company, type of setup, choice of location, visas, and more. A digital marketing licence in free zones starts approximately from AED 18,500 AED to 30,000 (USD 5,036 to USD 8,167).
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Start Gold Trading Business in Dubai

How to Start Gold Trading Business in Dubai?

There is no doubt in the fact that Dubai is famous for its jewelry worldwide. Tourists from around the world visit Dubai to shop for gold and diamond jewelry. Given the higher tourist traffic, demand, and consumer sentiment, the UAE gems & jewelry market is expected to reach USD 10.71 billion by 2027, growing at a CAGR of 6.53% After reading the figures, it’s only natural if you are thinking of starting a diamond business in Dubai. And why just diamonds? You can also consider starting a gold trading business in Dubai as the gold market is the richest, blooming market in the country. The prices here are affordable, lesser than anywhere else. Moreover, the designs and gold buyers that you find here are remarkable. As for other precious metals and stones, Dubai sources them worldwide.  If you plan to start diamond trading in Dubai or Gold trading in Dubai, this blog will walk you through all the essential information you must know to step into the jewelry market of the UAE. Benefits of a Gold Trading Business in Dubai If you’re wondering what’s so special about starting a gold and diamond business in Dubai, then here’s what you need to know: Establish your gold business in the Dubai-free zone and enjoy 100% ownership of your business. Moreover, you get to rope in maximum benefits.  The quality of metals and precious stones in Dubai is famous globally. Hence, the demand is always high, and the business will flourish without any shortage of customers.  Enjoy 100% repatriation of capital and profits without paying taxes. Benefit of exemption on corporate tax and income tax. 24/7 operational facilities let you have the advantage of an ‘always open’ business Easily hire expatriate workers with minimum paperwork and maximum government support. Get easy access to all supporting business functions and facilities at your disposal. You don’t have to worry about the Dubai heat. There are centralised AC complexes where you can easily set up your showroom. Facilities like exhausts, ventilation systems, and acid waste disposal systems. Taking note of the security requirements of the gold and diamond business in Dubai, you get 24/7 security personnel. Additionally, CCTV, fire alarm system, etc., are installed in all units. All the gold manufactured and sold from Dubai Gold and Diamond Park is hallmarked. Shuttle services in and around the complex. Ample tenant parking, building management system, and flexible leasing options from 1-5 years with spaces ranging from 310 sq. ft. to 14000 sq. ft. Where To Setup a Gold Business in Dubai? You can choose to set up a wholesale or retail gold trading business in Dubai, in a Free Zone, Dubai Gold and Diamond Park or a Mainland Region.  DMCC Freezone The Dubai Multi Commodities Centre Freezone serves the whole gold value chain, from R&D and refining to trading finished jewelry and investing. Moreover, this free zone offers the Dubai Gold and Commodities Exchange (DGCX), a trade finance product, DMCC Trade flow, and the Dubai Good Delivery Standard. Dubai Gold and Diamond Park If you don’t want to set up your jewelry shop in a traditional gold market setup, you have the option to set up in Dubai Gold and Diamond Park. It is home to approximately 90 retailers in a commercial complex located on Sheikh Zayed Road. Moreover, it has been upgraded to 118 manufacturing blocks and 350 commercial office spaces under current expansion plans. Dubai Mainland You also have an option to set up your gold trading business in Dubai Mainland. The Gold Souk market, a traditional market in the heart of the commercial district of Deira, is the best location in the mainland region for a jewelry business. It is home to over 300 retailers who exclusively trade in gold, diamonds, and other precious metals and jewels. Here, you can sell directly to the public. The best part? Often, it is a checklist item for tourists exploring the Dubai streets. Moreover, the Dubai Gold Souk has been a staple destination for gold buyers for years. Fun fact – you might be surprised to know that up to 10 tons of gold are present in the Gold Souk at any given time! Documents To Start a Gold Business in Dubai Here is a list of documents you must keep handy to start a jewelry business in Dubai: Passport copies of all business partners and owner Resume of the manager of the business Trade name registration and get all legal documents as proof Obtain all necessary certifications and permissions for initial approval from the respective legal departments. Draft and sign a Memorandum of Association and an Article of Association. Tenancy contract and unique Ejari code.  A capital of AED 1,50,000 to set up a business in a Dubai Free Zone. Also, you might have to pay rent for Gold Park management and a 15% annual unit rent (refundable).  What Is the Process To Start a Jewellery Business in Dubai? To start a jewelry business in Dubai, a proper plan and company registration are essential. Once you set up your company, you can then make connections with international channels and form a supply chain to start profiting from your business. Here’s how you can set up a gold and diamond business in Dubai: Select Location and Register Trade Name As mentioned earlier, you can register your company either in a DMCC free zone mainland region of Dubai Gold or Diamond Park. Once you decide on the location, submit the required documents and register your business name with the concerned legal departments. Make sure you comply with all the company name guidelines established by the Dubai government while deciding on your trade name.  Get a License If you want to set up in a free zone, you must apply to the concerned managing authority. However, if you plan to set up your business in a mainland region, you can apply for a license through Shuraa consultant. You can draft your license application on your own or with
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cost of company registration in Dubai

How much does it cost of company registration in Dubai?

With about $20.5bn worth of investments in the UAE from the United Kingdom, the country offers a growth-oriented business environment to UK investors. Moreover, Dubai’s geographic location makes it one of the most sought-after business destinations in the world. As a business hub, the place offers excellent global connectivity and entrepreneur-friendly commercial laws.   Being a UK investor, you can enjoy full ownership rights and long-term residence visas in Dubai. However, when it comes to starting a business in Dubai, understanding the Dubai company registration fee structure is an important criterion.   This article gives you a brief idea of the company registration cost in the UAE for different offshore and onshore businesses.  Components of business registration cost in UAE There are various considerations when it comes to UAE company registration fees. Here is a breakdown of various costs investors must consider while setting up a business in Dubai.  1. Registration Fee The Dubai company registration fees are a one-time payment made to the authorities during the registration process. The actual amount depends upon several factors including the number of shareholders, visa applications, commercial activity, the legal structure of the firm, and the free zone.   2. Office Space Obtaining a company license in Dubai necessitates the rental of office space. Since it will be your official address, the authorities send all legal paperwork and correspondence to this location only. Each free zone in Dubai has a choice of workspaces to suit your demands, including service, smart, and Flexi-desks. Experts at Shuraa UK Branch can help you find an appropriate and affordable office space for your firm.   3. License Fee One of the most important steps in operating your business in Dubai is opting for a company license. The four most common sorts of company licenses are:  Commercial License for general trading businesses Industrial License for manufacturing goods. Tourism License for travel and tours. Professional License for service-related businesses. A company’s trade license must be renewed every year. Hence it is recurrent expenditure. Additionally, the license fee depends on your business activities and chosen jurisdiction.  4. Share Capital Depending on the company’s operations and licenses, the minimum share capital amount varies greatly in each free zone and can range from as little as AED 1,000 to as high as AED 1,000,000 approximately. The minimum share capital requirement for free zones in Dubai is around AED 50,000 in general.  5. Initial Approvals Companies need to get an initial approval before obtaining the trade license. Besides, you can determine the economic activities, the legal form of the company, and the license parties (partners) through initial approval. UK investors can obtain it before or after the trade name reservation. The total cost of issuing the initial approval is approximately AED 120. Moreover, it is a one-time government fee  6. Trade Name Reservation Reserving the trade name is the process of securing a name for your company by which it will be identified. The fee for registering the trade name in Dubai is approximately AED 620. However, if you want to register a foreign name, you need to pay around AED 2000 as the registration fee.  7. Corporate Bank Account If you’re a UK investor looking to register a corporate bank account, you might be wondering how much it costs to do so. The real kicker is that UAE local banks, like most banks in other countries, do not charge any fees for opening a bank account. However, all local banks need you to maintain a minimum monthly average balance, which ranges from around 50k AED to 500K AED. Besides, each bank has different minimum monthly average balance categories.  Cost of company registration in Dubai The cost of company registration in Dubai ranges from AED 10,000 to AED 30,000 (USD 2,200 to USD 8,167). As a result, there is no rough figure that can give you an estimate of the cost of forming a company in Dubai. Hence, it is best to reach out to a reputed Company Formation Specialist to help you get familiar with the country’s rules and regulations.   Consultants at the Shuraa UK Branch can help you know the charges levied at the initial stages, update you on government services, and even find you an affordable location for your office.  The company registration cost in UAE also depends upon the nature of your business, jurisdiction, visa applications, and so on. We have discussed below how much the prices can differ, by providing you with an estimate of Dubai business setup Costs for Mainland, LLC, Free Zone, and Offshore company.  1. Mainland  One of the most sought-after business investments in Dubai is mainland company registration. Investors can actively reach out to a multicultural audience and build their business in Dubai.   The cost of starting a business in Dubai Mainland depends upon the nature of the business, the cost of obtaining a visa, and the cost of renting or purchasing office space. It includes notary, licensing, and registration expenses, as well as legal translations, which are all required by the government.  A mandatory fee that has to be paid by the investor is the Investor Visa fee which should be renewed every three years. In addition, an investor must pay a yearly sponsorship charge, one-time legal expenses, and a commercial property fee, as well as the cost of a visa for each individual.  2. Free Zone  Alternatively, UK entrepreneurs can also register a company in a free zone. In free zones, the cost of registering a business in Dubai depends on the free zone selected, this cost may vary. Similarly, the fees related to getting a trading license are separate.  3. Offshore   The Jebel Ali Free Zone, Ras Al Khaimah (RAK), and Ajman Free Zone are the three primary jurisdictions in the UAE where international investors can set up offshore corporations. The Dubai company registration fees will vary based on the jurisdiction you select. All corporations must be formed by a registered agent who is certified by an accreditation authority in the UAE to provide corporate counsel and other
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open a clinic in Dubai

How to Setup a Medical Clinic in Dubai?

The UAE is increasingly becoming a draw for UK healthcare providers to set up centres that serve as medical hubs for patients both locally and overseas while bringing in revenues for their hospitals in Britain. Various renowned hospital brands open a clinics in Dubai (branches) for a host of reasons. A few of which are: to expand their patient base, diversify revenue streams and conduct research.  Dubai is pushing to become a globally leading healthcare destination. Moreover, in 2015, according to the Dubai Health Authority, 26 hospitals in Dubai received 632,000 medical tourists, 53% of which were from the UAE and 47% from other countries across the globe.  As part of its Health Strategy 2021, Dubai aims to attract 500,000 foreign patients a year within four years. The government’s national strategy, “to develop health care as a medical tourism hub,” is another factor encouraging UK hospitals’ and clinics’ push into this country. After reading these facts and figures, it is only natural if you want to open a clinic in Dubai too. This blog will walk you through the benefits, documents, registration and license process, and the costs involved. Let’s dive in! What are The Benefits of Opening a Clinic in Dubai? Getting a private clinic license in Dubai can benefit you in many ways. Here are a few prominent ones:  Avoid paying any taxes 100% repatriation of profits and capital Wealthy local and international patients from across the globe Highly supportive government Ability to recruit from a pool of well-trained staff. Relatively stable business environment with regulations for medical tourism already in place. Documents Required for Opening A Clinic in Dubai To set up a medical clinic in Dubai, you need the following documents to get approval from DHA: Passport and Visa copies of the owner and partners. Emirates ID of the owner and partners. Layout/floor plan for the facility, duly approved by the municipality. Proposal letter from the owner/partners or whoever has the power of attorney. Affection plan from Ejari or Dubai Municipality. You may require a few additional documents to set up a medical clinic in Dubai. To know more details about other documents required, reach out to our expert business consultants at Shuraa UK Branch.  Steps to Setup a Medical Clinic in Dubai The process of setting up a medical clinic in Dubai is relatively straightforward. However, if you’re new to the process, it’s best to seek help from business setup experts to make the process fast and seamless.  1. Trade Name Reservation The first step to open a clinic in Dubai is to register and reserve the legal name of your clinic with the Department of Economic Development. It would help if you decided on an easy-to-remember name for your clinic. Also, remember to avoid using abbreviations, or mention of Allah or any region. Moreover, if you want to name your clinic after a person, you must use their full name. Another thing you must check for is whether your clinic name is clashing with a previously established health centre? If so, you must change it.  2. Initial Approval from DED Once you have reserved your trade name, you must apply for initial approval. To get initial approval, you need to submit all the necessary documents, including emirates ID, passport and visa copies, trade name reservation slip, location map, plan, etc. If all the documents seem right, the DED officials will grant you the initial approval to get your private clinic license in Dubai. 3. Approval from DHA DHA is the significant official body handling all the healthcare services in Dubai. Therefore, it is crucial to take approval from them. To get approval from DHA, you must submit the following documents: Visa and passport copies Floor and affection plan for your medical clinic in Dubai Copy of trade name reservation slip issues by DED Letter of undertaking Proposal letter to DHA 4. Wrap Up Documentation The next step is to gather all the documents and keep them handy. Make sure to double-check all of them before final submission because if you make a mistake in paperwork, you might have to redo all of it. Once you’re sure, submit the documents and wrap up the paperwork. Furthermore, you must wait for the final approval from the government officials.  5. Final Approval To get final approval, you must submit a few additional documents to the concerned departments: A map and property documents of the building of our clinic DHA licence application No Objection Certificate List of healthcare professionals that will work in your office Registered directors. 6. Private Clinic License The last step is to acquire your medical clinic license. If you have already submitted the documents, you must wait for the approval mail from the government body. If all your documents are approved, the DED will send an approval mail along with a payment voucher. Pay the required, one-time license fee to the government within 48 hours of receiving your license.  Cost of Opening a Medical Clinic in Dubai Usually, the medical clinic license cost in Dubai is determined according to the required facilities and the location of your clinic. However, to give a rough idea, here is a list of basic costs involved in a medical clinic set up in Dubai. license Registration and Approval fee: AED 12,500* (USD 3,403)  DHA Approval fee: AED 10,000  (approx) Immigration Registration fee: AED 1,750 (approx) Corporate PRO Services fee: AED 15,000 (approx) Open a Clinic in Dubai With Shuraa! Now that you are well aware of all the scope, benefits, registration process, and costs involved in setting up a medical clinic in Dubai, wait no more. Partner with a business consultant and start and wrap up the process to open a clinic in Dubai as fast as possible. Since they have done this before, they can better help with the setup process and also make it seamless.  Company formation experts and legal experts at Shuraa UK Branch are well versed with all the necessary documents you will need,
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shams free zone company setup

SHAMS Free Zone Company Setup

Dubai is emerging as a corporate giant in the UAE. The Department of Economic Development (DED) issued around 20+ varieties of new business licenses recently. In addition, it has introduced intelligent economic strategies and business-friendly laws for all interested investors. SHAMS Free Zone company setup is emerging as one of the fastest ways to start a business in Dubai.  Setting up a company in SHAMS brings countless business opportunities in the field of media and the digital world. Moreover, it is known to be famous for the level of freedom and unique features it provides.  If you want to set up a company in SHAMS, continue reading for detailed information about SHAMS LLC company formation as well as SHAMS free zone license cost in Dubai. Steps of SHAMS Free Zone Company Setup The winning feature of setting up a company in SHAMS is the variety of start-up facilities it offers. Creative heads and people from a background in media studies can start Company Formation in Sharjah with great ease. The process of SHAMS free zone company setup involves the following steps:  Go to the Sharjah Media City web portal to initiate your business startup process. State the type of business activities you wish to conduct. Apply for the relevant license (general trading license, professional license, or industrial license). Visit DED for approval of your license. Draft an MOA (Memorandum of Association) and LSA (Local Sponsor Agreement) and submit them to the DED. You will need the help of a local sponsor to complete this step. Apply for a residency visa (mandatory) and employment visa (if required). Apply for a tenancy contract. Register your property with Ejari and obtain your unique Ejari number. Save it for further documentation and future references. Submit all the documents and pay the required fees. Obtain your license and wait for the approval (in 7-10 days). Benefits of Shams Free Zone Company Formation  There are various reasons why the SHAMS LLC company formation is becoming a popular choice amongst various budding entrepreneurs. Here are 7 major advantages of setting up a company in SHAMS: 1. Easy Registration Process Capitalists can easily register their companies through online registration portals. It only takes 90 minutes to complete your company’s registration process in the SHAMS-free zone. Moreover, the Dubai government has made the process of getting a license in SHAMS free zones very easy and hassle-free. No Objection Certificate (NOC) is required during SHAMS free zone company setup that can be obtained in under a week’s time.  2. Range of Activities There are various business activities available for SHAMS Free Zone company owners. Businesses like plumbing, publishing, e-commerce companies, management, book-keeping, human resource, etc can be performed under SHAMS free zone companies. The entrepreneurs have the liberty to choose from 2,000+ business activities permitted bу the Department of Economic Development (DED) Dubai.  3. Business Licenses There are various types of licenses required to conduct a variety of works in the SHAMS free zone. The list of licenses available for Shams free zone company owners is as follows :  4. Service License  A service license is required if you are planning to provide services to locals and other business departments.  Trading License: You need a trading license if you are planning to conduct selling, importing, and exporting through your LLC company.   Industrial License: This license is necessary for company owners who wish to perform manufacturing and production of goods on their premises.  Freelance License: The TECOM Group issues this license. It allows you to work as an independent contractor in Dubai.  E-Commerce License: An eCommerce license allows you to conduct business through online portals throughout the UAE.  5. Easy Account Opening Opening a bank account for your free zone company is easy. Banks listed under the Dubai Department of Economic Development (DED) allow the owners of SHAMS free zone companies to open corporate bank accounts. This helps with seamless transactions.   6. Shareholder’s Presence In the SHAMS Free Zone, shareholders’ presence is not as important as it is in other regions. Hence, the SHAMS LLC company formation becomes relaxing for non-residents as well as for business owners in the UAE.  7. Freedom to Repatriate Company Formation in Sharjah gives you the freedom to repatriate 100% of your profits and capital. Moreover, the process of repatriation is quick and hassle-free.  Documents Required for SHAMS Free Zone License Setup When it comes to paperwork, there can be a lot of confusion while submitting your documents. Hence, we have prepared a list of all the necessary documents needed for SHAMS business setup for your convenience.   Passport of the shareholders   Passport size photograph   Entry stamp or Visa page   What Is the Shams Free Zone License Cost?  The cost associated with Shams free zone company formation starts from AED 8,000 to AED 28,000. Other SHAMS free zone license costs involve: Investor Visa (3 years) cost per visa: AED 3,675 Employee Visa (3 years) cost per visa: AED 3,234 Medical test per visa: AED 320 Online refundable deposit: AED 5,000 (currently waived) Establishment card (3 years): AED 1,575 Emirates ID per visa: AED 375 Online registration fee: AED 2,525 MOA charges if only one (1) shareholder: AED 350 Online renewal Fee from 2nd year: AED 1,250 Connect with Shuraa Today!  If you are looking to establish your own company in Dubai, we suggest you go for the SHAMS free zones. Your dream will become a reality only if you get the right direction and opportunities.   Legal procedures and paperwork of your SHAMS Free Zone Company Setup will be easy when you have an expert from Shuraa UK Branch by your side. Our experienced members will assist at every step, help you gather all the required documents, and even get you a SHAMS free zone license at fairly reasonable rates.   All you need to do is give us a call and we will take care of the rest. 
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Benefits of Setting up a Mainland Company in Dubai

Benefits of Mainland Business Setup Dubai

Dubai’s industrial growth has set very high benchmarks for other business hubs. Today, company formation in the UAE, especially a mainland company set up in Dubai, holds the potential to deliver exponential dividends in the future.  This has surely grabbed the attention of the new-age investors and entrepreneurs in the UK who are also willing to tap into Dubai’s lucrative marketplace. But what makes a mainland company so special? We’ll answer that and quite a lot more in the blog.  What is Dubai’s mainland?  A mainland company (also referred to as an onshore company) is a business venture registered in Dubai. Additionally, these firms are regulated directly by the Department of Economic Development (DED).  Onshore companies enjoy hassle-free trading in Dubai, all across the UAE, and internationally too. Furthermore, the latest amendments made to the Companies Law have allowed expatriates to enjoy complete business ownership of their mainland companies.  Earlier, mainland businesses had to collaborate with a UAE national (called local sponsor) who’d have 51% shareholding of the foreign company. However, more than 1000 business activities have now been approved by the government to become eligible for 100% expat ownership.  Benefits of Mainland Company setup in Dubai Here’s a list of benefits you can enjoy after setting up a mainland company in the UAE:  1. No minimum capital requirement You don’t have to meet any minimum capital requirements when you launch a business in Dubai mainland. Therefore, you can spend your money on other growth-related operational activities without worrying about settling the capital demands.  2. Diverse business opportunities A mainland company setup in Dubai provides diverse business opportunities to investors. You can indulge in various business activities (as approved under your trading license) without any legal restrictions. This sets onshore business incorporation apart from a free zone establishment.  For instance, a company set up in the DMC (Dubai Media City) free zone must conduct business activities only related to media and entertainment. However, mainland companies enjoy increased freedom in this regard.  3. Tax exemptions The best part about establishing a company in the mainland region is the exemption from various taxes and charges. Business formation in the UAE is well-organised, completely transparent, and easy to comprehend. Likewise, the laws for taxation are also lucid and easy to follow.  The UK’s investors and other business owners don’t have to pay any corporate or personal taxes when they launch a mainland venture. In addition, there’s no taxation on capital gains and you can repatriate 100% of your profits too.  4. No geographic boundation Mainland businesses can trade freely within Dubai and all across the UAE. On the other hand, free zone companies have several geographic restrictions as they can’t trade in the mainland region or any other free zone.  Therefore, you get the opportunity to address a wider target market. This, in turn, can become the game-changer for your mainland enterprise in the Emirates.  5. Preference for government projects Mainland ventures get the opportunity to bid for various government consignments. These projects shape the future of work, lifestyle, tourism, etc., in the UAE. Therefore, it’s a lucrative opportunity that you should look to grab with both hands.  Working on these prestigious projects also helps you strengthen your business network. Today, we all know the importance of networking in the corporate world.  Types of Mainland Business Licenses Here are the 3 types of Dubai mainland licenses: 1. Commercial Trade License A commercial trade license is required to conduct any Dubai mainland business activities, including purchasing and selling products and commodities. This business license can be used in the UAE to establish an LLC or a single establishment. Both general trading and specialised trading can be done with it. If you are forming a new company, you can engage in trading activities that are specific to your business by requesting the right kind of commercial trade license. 2. Industrial License Businesses in the UAE that want to engage in industrial or manufacturing-related activities must obtain an industrial trade license, which allows them to carry out operations that involve converting natural resources or incorporating natural resources into their finished goods. The DED issues this business license; however, additional licenses from other agencies may be required depending on the industrial activity. 3. Professional License Professional licenses enable individuals and businesses to practise a skilled profession based on their educational background. This license covers craftsmanship, carpentry, consultancy services, printing and publishing, medical services, beauty salons, computer graphic design services, repair services, security services, document clearing, and so on. Steps to Establish Your Company in the UAE Mainland You need to follow the steps discussed below to establish a mainland company in Dubai:  1. Define your business activities & legal form What would be the day-to-day business activities of your mainland company once it’s up and running? Pen them down, curate the list further with the help of business consultants at the Shuraa UK branch, and share this list with the DED.  Moreover, define the legal structure of your onshore business venture in Dubai. It can be a sole proprietorship, LLC (limited liability company), joint venture, etc.  2. Register a trading name for your mainland company The next step is to reserve a trading name for your venture. The name you select must not contain prohibited words (like any reference to a God or deity, name of regions, etc.).  In addition, the trading name shouldn’t have any controversial terms or words that derogate someone’s religious or sentimental beliefs. You should also be aware that mainland companies need to pay an additional fee for leveraging a foreign trading name.  3. Rent office space Mainland companies must have an official office location for their venture in Dubai. However, this doesn’t mean you need to invest hefty sums of money in real estate. The best option is to rent office space for your company.  Advanced solutions like flexi-desks, virtual offices, and more are available for company formation in the mainland region. You can sign a sustainability contract with Shuraa to launch
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cost of setting up a business in Dubai

What Is the Cost of Setting Up a Business in Dubai?

UK investors and entrepreneurs need not worry about the cost of setting up a business in Dubai anymore. The highly supportive UAE government encourages minimal company set-up costs to promote profitable business opportunities among expats. Moreover, Dubai ranks 25th in the World Bank’s Ease of Doing Business ranking record.   Dubai is the Middle East business hub that offers world-class broadband, zero income tax, and entrepreneur-friendly business laws. Undoubtedly, it’s the right time for UK investors, businessmen, and entrepreneurs to start a business in Dubai.   In this article, you will gain detailed information on the benefits, necessary documentation, and the cost of setting up a company in Dubai. Types of Costs Involved in Setting Up a Company in Dubai  If you are a UK entrepreneur planning to set up a business in Dubai, go through the list of below-mentioned business establishment costs.  1. Cost of Company License  The most common type of company license is the trade license in Dubai. It is popularly known as a commercial license that designates most of the business activities that any UK investor can carry out while doing business across the UAE.   The license fee is a recurring cost that needs to be paid every year. The different types of permits needed to launch a company in Dubai are professional, industrial, tourism and commercial licenses. Further, the cost of setting up a business in Dubai relies on the kind of business activities you choose.   2. Business Registration Fee The exact registration fee will depend on your business’s legal structure and the chosen location (Free Zone or Mainland). However, the registration cost of a business in the Dubai Free Zone does not vary exceptionally; it is generally about AED 10,000 to AED 30,000.   On the other hand, business registration in Dubai Mainland can cost you a little more than registration in the Free Zone. Moreover, UK businessmen now enjoy 100% ownership of the LLC companies in Dubai. Further, there is no need of any UAE national to sponsor your business.     3. Expense on Securing Office Space UK investors need to have an office space in Dubai to run business smoothly. An office address is needed as all the legal documentation & notices will be sent to this address only. The rent of office space in Dubai is charged per sq feet annually.   Moreover, a few rental office spaces in the free zone offer desk spaces to fit your company’s needs, including smart, well-functioning and flexible desks.   4. Share Capital  The cost of setting up a company in Dubai also includes the share capital amount. The minimum share capital of a company operating in the free zone can cost you between AED 10,000 and AED 1,000,000 as per your trading licenses and activities. On average, a UK investor can expect a preferable share capital of AED 50,000 for a Free Zone-based company.   The UAE Business Law does not imply any minimum share capital, but the company must have adequate capital for its establishment. You can expect a minimum share capital of AED 1,00,000 for a business set up in Dubai mainland.    5. Trademark Registration Fee  UK investors need to pay a trademark registration fee while setting up a business in Dubai. Moreover, an additional fee is charged to publish your trademark in an official journal. Further, after the validity gets over, you get a time period of 3 months to renew the registration.   However,  if you fail to renew the trademark within the given time frame, a fine is levied for every delayed month. Additionally, after submitting the renewal form, you need to pay for the trademark renewal too.   Documents Required to Set Up a Company in Dubai The necessary documents that a UK investor, businessman, or entrepreneur needs to submit to the concerned authorities for establishing a company in Dubai are:   Passport of the shareholders  Passport size photograph  Entry stamp or Visa page  For more details, feel free to contact us.   Advantages of Setting Up a Business in Dubai Below is the list of benefits that an investor based out of the UK can avail on setting up a company in Dubai:   1. Central Point for Global Trade By setting up a business in Dubai, a UK businessman gets access to all Middle East markets. Further, you will get access to markets in Africa, Asia, and Eastern and Southern Europe. Moreover, all this international trade is supported by state-of-art maritime ports and airports. This makes doing business in Dubai an attractive venture for UK investors and other expats.   2. Tax Benefits  Dubai offers a complete tax exemption, be it a personal, income or corporate tax. However, only a few businesses may have to pay a standard rate of 5% VAT on specific business practices. Business activities that fall under tax duties are foreign banks and oil-based companies. Further, the excise tax is levied on certain goods that are harmful to the environment or human health.  3. Quality Life With an endless plethora of cultures, strong infrastructure, world-famous shopping stores and restaurants, UAE offers many reasons for UK investors to relocate to Dubai. Further, the sunny climate, strategic location and top-class logistical facilities make Dubai a perfect location for UK entrepreneurs to start a business in Dubai.  4. Supportive Government  Business-friendly rules and policies aim to make doing business set-up in Dubai quick, easy and profitable. In Dubai, the government offers a supportive climate to empower foreign businesses. This further helps any UK investor to set up, run and achieve long-term business sustainability in Dubai.   Cost of setting up a business in Dubai The total cost of setting up a business in Dubai would be anywhere between AED 25,000 to AED 40, 000 ( USD 6,806 to USD 10,890 ) depending upon your business activity and location. However, the set-up cost may vary depending on your business activities and location (i.e. Mainland or Free Zone). In addition to this, there are a few extra expenses such as license costs, renting an
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start an event management in Dubai

How to Start an Event Management Company in Dubai? 

Dubai is famous for its events worldwide. Moreover, Dubai’s nightlife and high-income potential excite foreign investors to start an event management company in Dubai. As per stats, events in DWTC (Dubai World Trade Center) contribute about 3.28 Billion to the economy of Dubai. Further, events in Dubai have seen an annual growth of 25% in recent years.   Whether it is a sporting event, the Grand Dubai Expo, or a cultural spectacle, organising events in Dubai are worth earning. Therefore, if you are a UK investor, entrepreneur, or businessman, opening an event management business in Dubai is a beneficial choice for you. Do read the blog till the end to know about everything related to the profitable event management business in Dubai.   Advantages of Starting an Event Management Company in Dubai Are you a UK investor looking forward to start an event management company in Dubai? Here is a list of the top 6 benefits one can enjoy on opening an event company in Dubai.   1. Low-Risk Business An event management company in Dubai ranges from small to long term investments. A UK entrepreneur can open his/her event organising company with a minimum capital too. There is no need to invest in things like- office space, business equipment or any fixed costs. The downside business risk in an event organising company is always low.   2. Repeat Customers  Dubai being the hub of exciting and large events opens gates for UK investors to enjoy repeat customers in their event management businesses. Event organising involves a lot of communication, politeness and a positive relationship with clients. Therefore, it is easier for event management businesses to get repeat customers in Dubai.   Moreover, corporate events can be the highest repeated customers for you, if your business does well.   3. Huge Industry For Events  Event organising companies enjoy an effective rate of growth. The majority of foreign investors invest in event organising setups to fulfil the needs of the growing developed city- Dubai. People get physically and emotionally linked with good event management companies. Well, it only needs a team effort to conduct such events.   4. Multiple Visa Options  Flexible visa choices are available for UK investors in Dubai. Visas can be easily availed by the event organising licenses. This is one of the major reasons for the popularity of the event management business among UK investors. Any UK entrepreneur or investor can quickly avail their visa and have the booming opportunity to apply for more according to their company growth and needs.   5. Location Accessibility  Dubai has amazing locations and has smooth accessibility to resources. Starting an event management business in Dubai can offer significant benefits as Dubai gets corporate individuals and visitors from around the globe.   Many companies in Dubai rely on good event management companies to arrange ceremonies, events, and conferences and thus offer an excellent choice to UK investors for starting an event organising company in Dubai.   6. Endless Income Scope Irrespective of what time of the year is, Dubai has always had something happening. It offers great opportunities to UK investors to start an event organising company and earn money. With multitude of events happening in Dubai throughout the year, there is a lot of business opportunity.   Steps To Start an Event Management Company in Dubai To start an event management company in Dubai, you need to get licenses and approvals from legal authorities. From deciding on a business name to the smooth running of the company, here is a step-by-step process that any UK entrepreneur can follow to establish an event management company in Dubai:   1. Select Your Business Activity Make a layout of the kind of business activities you like to carry out within your event management company. The event activities can be wedding planning, party organising, fashion events, organising meetings, exhibitions, conferences, etc.   Pro tip: Try to choose the services in which you have a stronghold and the ones that can make maximum profits for you. Avoid being a jack of all trades, rather stay on the safer side and offer services that can be best for you.   2. Select a Company Name UK investors or entrepreneurs need to follow rules on naming the event management company. Your company name should be attractive, have never been used before, do not hurt any religion, and must not be an abbreviation.   3. Select the Right Jurisdiction Choosing the business jurisdiction is necessary before getting it licensed. You are free to Start the event management company in Dubai across two zones, i.e. Mainland and Freezone.   Mainland companies can be a direct business with local markets. Whereas, in a free zone, a UK investor may set up an event-based company and carry out services as many he/she wishes, but needs to specify the company activities while undertaking a business license.   4. Apply For a License You need to approach DED (Department of Economic Development) to avail the event management license in Dubai. Any foreign investor needs to submit an application form, needed documents, and paperwork for starting an event management business in Dubai. 5. Bank Account & Visa Application Lastly, you should have a visa for yourself, your partners or any employees in order to open a business account. Moreover, the number of visas you require depends on the kind of license and the size of your event management company in Dubai.   Documents Required To Start Event Management Business The required documents that a UK investor, businessman, or entrepreneur must have for an event management business set up in Dubai are:   Passport copies of shareholders.  Visa page or Entry stamp.  Passport size Photograph.  Cost of Setting Up an Event Management Company in Dubai  The event management license cost in Dubai that any foreign or UK entrepreneur needs to pay is about AED 17,500 to AED 50,000. Moreover, there is no need for upfront paid share capital for event businesses in the mainland area or any of Dubai’s free zones.   Conclusion  Event management businesses are one of the
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