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Open a Restaurant in Dubai

How to open a Restaurant in Dubai?

Entrepreneurs and business investors in the UK are no aliens to the food industry. A home for mouth-watering delicacies and luxurious cuisines – the UK is on everyone’s list when it comes to food.  Therefore, if you want to open a restaurant in Dubai, you’re headed in the right direction. Dubai enjoys a massive influx of tourists each year and the numbers continue to grow exponentially.  Tourism in the Emirates and the overall love that all the citizens also have for food make it a profitable venture to invest your money in. You can connect with the business experts at the Shuraa UK branch, and we’ll help you establish your restaurant business in Dubai.  What is a restaurant business in Dubai?  Opening a restaurant in the UAE is an excellent investment choice if you have sufficient knowledge about how this industry works. A restaurant business offers delectable meals alongside a good ambiance and a wholesome food experience.  Be it a fine dining outlet, eatery, fast food corner, cafe, or any other food-related venture – all must follow the “food code” protocols established by the government.  The best part is that you can launch your restaurant business in the mainland region as well as in any of the free zones. A mainland establishment gives you the freedom to trade within Dubai and all across the UAE.  Free zones, on the other hand, have their own benefits. Some of these include cost-effective business formation, hassle-free resource availability, lenient business laws, and much more.  What are the steps to set up a restaurant in Dubai?  The UK’s entrepreneurs can follow the steps mentioned below to launch a restaurant in the UAE: Devise a business plan “A goal without a plan is just a wish” is a statement that truly highlights the importance of planning in the business world. Therefore, spend sufficient time to devise the perfect business plan for your restaurant business in the Emirates.  Study your competitors, identify your shortcomings, and blend them all together to come up with unique propositions for your food venture. Prioritise food quality over everything else since it’s a differentiator that can help you generate sizable revenue right from the start.  Pay attention to the packaging boxes and containers used for home delivery orders. In addition, don’t hesitate to experiment with your offerings and be open to taking constructive feedback from your customers. Choose a location Where do you want to open a restaurant in Dubai? Will it be in the mainland region, or you’ve already finalised a free zone for your food venture? All these questions must be answered before you open your company in Dubai.  DMCC (Dubai multi commodities centre) is a prominent free zone for launching a food company in Dubai. It’s better to avoid industrial and residence-oriented free economic zones for opening a restaurant as it limits your reach.  Furthermore, understand the demographics of your target audience and make an educated decision regarding your restaurant’s location. You can connect with the location experts at the Shuraa UK branch if you’re unable to decide on the ideal business location for your business. Secure the required licenses You can’t conduct any business activities in the UAE if you don’t have a legitimate trading license. Therefore, investors should secure a food license from the Department of Food and Safety to get started.   Next, you can apply for a trading license that you can get from the DED or the concerned jurisdiction. However, that’s not it. You also need to obtain consent from the DTCM (Department of Tourism and Commerce Marketing).  You can start your business operations legally once you have all these approvals alongside a valid trading license. Furthermore, don’t forget to renew your restaurant license in Dubai annually. Apply for additional approvals Business activities like foodstuff trading, procurement, serving of alcohol, etc., require additional approvals from the concerned administrative bodies. Therefore, you must secure these first before you proceed with your operational activities.  You don’t need to worry about these approvals when you work with the licensing professionals at the Shuraa UK branch. We provide end-to-end business assistance at highly competitive prices. Finalise the menu and restaurant’s layout Having a minimum area of 750 sq feet with at least 300 sq feet reserved for the kitchen are a few among the many infrastructural guidelines for opening and maintaining a restaurant in Dubai.  In addition, your restaurant should boast an efficient chimney, fireproof walls, high-quality and germ-free food containers, etc.  Once everything’s finalised for your restaurant’s interior and exterior design, you can shift your focus toward drafting a catchy menu. The menu should be able to showcase the love and passion you have for food. It’s something that leaves a lasting impression on the customers.  Benefits of a restaurant business in Dubai Listed below are some of the advantages of setting up a restaurant in Dubai:  You can make considerable profits right from the start when you open a restaurant in Dubai. This is possible because of the business-friendly laws, minimal taxation norms, and affordable business solutions.  Dubai boasts a diversified population of people belonging to different religions, cultures, and traditions. Therefore, you can devise a menu that can cater to the food needs of most of these people.  What is the cost of opening a restaurant in Dubai?  The overall cost of opening a restaurant in Dubai starts at AED 15,000 to AED 50,000. You need to secure several approvals & licenses, pay government fees for various formalities, and much more.  Remember that the restaurant license in Dubai cost isn’t a one-time venture. You need to renew this license each year at least a month before it expires to extend its validity. Note that businesses with invalid licenses are subject to repercussive actions from the government.  Launch your restaurant in Dubai!  Setting up a restaurant business in the UAE is easier than ever, thanks to the well-defined business incorporation procedures. So, if you too want to open a restaurant in Dubai, now is the right time. 
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UAE residence visa

UAE Residence Visa

Foreigners aspiring to establish long-term residency and employment in the United Arab Emirates (UAE) must secure a UAE Residency Visa. This vital document serves as the gateway to accessing the multitude of opportunities that the UAE offers, enabling individuals to build their lives and careers in this dynamic and rapidly growing country. Whether you’re drawn to the flourishing business landscape of Dubai, the cultural richness of Abu Dhabi, or any other emirate, obtaining a UAE Residence Visa is an essential step towards turning your dreams of living and working in the UAE into a reality. We will delve deeper into the subject of UAE residency visas, exploring facets such as the expenses associated Opening Opportunities with a UAE Residence Visa  Possessing a Dubai residence visa comes with a myriad of advantages:  Banking Freedom: Gain the ability to open a bank account and access financial services easily.  Financial Flexibility: Qualify for bank loans, whether personal loans or your dream car financing.  Global Mobility: Enjoy visa-free entry to numerous countries, enhancing travel opportunities.  Educational Choices: Enroll your children in government or private schools, ensuring a quality education.  Driving Privileges: Obtain a driver’s license, granting you the freedom to drive in the UAE.  Healthcare Access: Access government health services and secure health insurance coverage for your well-being.  Note: Acquiring a UAE Residence Visa necessitates meeting specific eligibility criteria, which typically involve securing employment or investing in one of the emirates.   Eligibility for a UAE Residence Visa  To be eligible for a Residence Visa, individuals must fit into one of the following categories:  Employment: You plan to work in the UAE within a government entity or a private company. Education: You intend to study at a UAE educational institution. Dependents: You are a dependent of either a UAE citizen or a foreign resident, which includes children, parents, domestic workers, or close relatives. Investment: You have made a substantial investment in the UAE. Property Ownership: You have purchased property within the UAE. Retirement: You are planning to retire in the UAE. What Are the Different Types of  Visas in the UAE? UAE Visas are categorised based on the purpose of one’s stay. These include:  UAE Work Visa: Granted to foreign individuals who secure employment in the UAE and obtain a Work Permit.  UAE Student Visa: Issued to foreign nationals accepted into UAE educational institutions for the purpose of pursuing studies.  UAE Family Visa: Extended to close family members of UAE citizens or foreign residents.  UAE Investment Visa (Long-term Residence): Reserved for foreign nationals who make significant investments in the UAE, offering extended validity, often up to ten years.  UAE Retirement Visa: Designed for elderly foreign retirees with the necessary financial means to retire comfortably in the UAE.  Work Remotely from Dubai Program: Tailored for foreign freelancers seeking to work remotely in Dubai, providing them with the opportunity to do so from this vibrant city.  Note: Every foreign national seeking to reside in the UAE under a Residence Visa is required to undergo a medical examination to confirm their physical fitness.   How to Get a Residence Visa in Dubai, UAE? To secure a Residence Visa in Dubai, you must initiate the application process after your entry into the UAE using an entry permit. It’s important to note that, similar to the entry permit, you typically cannot apply for a residence visa independently. Instead, you must have a sponsor, which could be your employer, spouse, or another eligible entity, to submit the application on your behalf.  Applying for a UAE Residence Visa Obtain an Entry Permit: Your sponsor must secure an Entry Permit for you from one of the following sources:  The Federal Authority for Identity and Citizenship  The ICA’s eChanel portal   Mobile apps available for Apple and Android  The General Directorate of Residency and Foreigners Affairs (GDRFA), either online or in-person, through licensed typing centres (varies by emirate) or Amer centres (Dubai).  Reside in the UAE: Once you have entered the country with the Entry Permit, you must be physically present in the UAE. Apply for Residence Visa: Your sponsor must then submit an application for your Residence Visa at the General Directorate of Residency and Foreigners Affairs (GDRFA) in the specific emirate where you intend to reside. Payment of Visa Fee: During the application process, your sponsor will need to pay the Residence Visa fee, which varies depending on the visa’s validity period. Approval and Documentation: Upon approval, the GDRFA will affix the Residence Visa in your passport. Simultaneously, you will receive an Emirates ID, valid for the same duration as your visa. Emirate-Specific GDRFA Websites and Resources  For specific information and procedures related to each emirate, refer to the respective GDRFA websites:  Abu Dhabi  Dubai (Also, consider Amer, a website accessible to Dubai citizens and residents for family reunion applications and visa extensions for visitors)  Sharjah  Ajman  Ras Al Khaimah  Fujairah  What is the Cost of a UAE Residency Visa? One year, the UAE residence visa typically ranges between AED 70 and AED 100. 2 Year residence visa fees are approximately AED 3500 without insurance. With insurance, it’ll cost you around AED 5272. Furthermore, there is a processing fee, which depends on the application method. If applying in person, the processing fee can be AED 70, whereas online applications may incur a fee of AED 40. Type of UAE Residence Visa Estimated Cost* Employment Visa The employer usually bears the cost, but processing fees (AED 70-100) and Emirates ID card (AED 410) apply. Investors Visa AED 5,000 for application processing + medical test fees + typing centre charges. Golden Visa AED 3,000 for application processing + medical test fees + typing centre charges. Property Investor Visa Application processing fees + medical test fees + typing centre charges (vary based on property value). Retirement Visa AED 3,000 for application processing + medical test fees + typing centre charges. Family Visa AED 310 application fee + refundable deposit + medical test fees + typing center charges. Green Visa AED 5,000 application fee + medical test
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low-cost business setup in Dubai

Low Cost Business Setup in Dubai, UAE

Dubai’s strategic location makes it one of the best cities for starting a business, especially if you are looking for a low-cost business setup in Dubai. The city ranks amongst the top 5 global centers for trade, logistics, tourism, and finance sectors. According to Abdulla Lootah, general director of the Federal Competitiveness and Statistics Authority (FCSA), Dubai aims to top the World Bank’s ease of doing business index in 2024. This should be of prime interest to UK investors/businessmen. A low-cost business setup in Dubai will allow them to leverage the power of modern infrastructure, technology, and a supportive environment for expanding their business leaps and bounds. It will become easier to transform into a recognized brand and boost your brand’s awareness. Furthermore, they will be able to carry trade effortlessly with clients within Dubai and outside, given that Dubai connects travelers traveling from the west to the east and vice versa. Despite the clearly outlined rules and regulations for setting up any business in Dubai, you must have a deep understanding of how things work in Dubai. Furthermore, the cost of establishing a low-cost business in Dubai is determined by several factors. With guidance from a Dubai business professional, you can save a lot of money during the company registration process. Shuraa experts can help you make the right decisions to keep your documents and operations in compliance with the rules and regulations. How To Save Money While Setting Up a Business in the UAE? Assess your business operations and their practicality in the UAE to establish your company at the right time and area. You will save money and continue to make the most out of your business setup. Start the company setup process when you’re ready; it’s a step-by-step process that can take anywhere from one to three weeks. However, begin the procedure only when you are totally prepared, as delays or postponements may result in fines. If you don’t have the proper information, legal work, approvals, and documentation, the setup might cost you a lot more. Make sure you understand what you require before beginning the documentation process. Rather than renting an entire office, take advantage of business centres and office space. A business centre is a completely furnished and equipped workstation that enables you to have a real office at a minimal cost If your startup budget is tight, you may want to consider a flexi desk, which is essentially a work area for yourself. Flexi desks provide your company with a physical presence by providing you with an office address, a dedicated number, meeting rooms, a cafeteria, receptionists, and administrative personnel, among other things. Where Should You Set Up Your Business? Entrepreneurs and businessmen are free to establish their low-cost business setup in UAE in any free zone or mainland. You must make an informed decision about founding a corporation in a free zone or on the mainland because both of them have their own set of advantages. Let’s see some of these advantages now. 1. Free Zones Company Setup One of the most obvious advantages of founding a free zone low-cost business setup in UAE is the ability to have 100% foreign ownership. This implies that a foreign investor does not need to obtain a UAE national sponsor to start a business in the UAE. The UAE’s free zone territories are exempt from import and export tariffs, promoting international trade and commerce. Companies in the Free Zone can execute labour recruiting procedures quickly and cost-effectively. They can also hire foreign nationals. Free zone countries have plenty of warehouse and office space available for use. As a result, it is great for SMEs and startups. Free zones in the United Arab Emirates feature the most up-to-date communication technologies and infrastructure. This will assist in the growth of your business. In UAE free zones, there are no currency rules of any kind, which means that you can use any form of cash, making the transactions easy for international businessmen. 2. Mainland Company Setup You can prepare for any form of low-cost business in Dubai by establishing yourself on the mainland, and you won’t have to worry about exceeding your trade authorization throughout Dubai and the UAE. However, there are several legal prerequisites for founding a mainland business in Dubai. For example, the necessity for a local sponsor. Your firm can trade globally if you register it on Dubai’s mainland. Mainland businesses have the distinct benefit of operating freely both within and outside the UAE. Dubai’s growing smart city infrastructure is already driving businesses in new directions, and diversification is becoming increasingly valuable. Obtaining a Dubai mainland license indicates a less constrained, simpler, and speedier administrative process. Another benefit of registering on Dubai’s mainland is that you’ll be able to bid for attractive government projects. You may be in a great position if your company is required to supply services that are in accordance with government programs. Establishing governmental deals across the UAE/Dubai will surely improve your company’s image and standing. How Much Does It Cost for a Low-Cost Business Setup in Dubai? A low-cost business license in Dubai costs AED 12,500 depending on several deciding factors. These include the size of the corporation, type of activity, visas, location, trade name approval, legal licenses, and more. Shuraa experts can help you navigate and understand the different pricing structures depending on your choice of operations and locations. We provide the most cost-effective business setup solutions for you and serve as your company’s setup agent. A business setup in Dubai may seem like an expensive affair at first. However, with the right understanding of licenses, policies, company structures, and registration processes, you can enjoy a low-cost business setup in Dubai. Start your business in Dubai High costs can hamper your aspirations of setting up a business in Dubai. However, a low-cost business setup in UAE is easy and effortless with Shuraa experts by your side. We ensure that we spend every penny after meaningful consideration. In addition,
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Tourism License In Dubai

Tourism License In Dubai

Dubai is expanding multi-fold. Apart from being a technology and innovation centre, it is one of the popular destinations to start a tourism business in Dubai. Dubai also functions as a connecting point for travelers traveling from the west to the east and vice versa. As a result, there is an increase in demand for tourism licenses in Dubai. In January 2024 alone, Dubai welcomed 979.7K overnight guests, with over 105K foreign tourists.  Dubai, the metropolis of high-rises and shopping malls, has evolved from a desert to a popular tourist destination. In addition to all the dazzling modern add-ons, this city boasts numerous cultural treasures and activities to do. Therefore, if you are planning to set up a tourism business in Dubai, you need to get your business registered with the Department of Economic Development, and the Department of Dubai Tourism and Commerce Marketing via a Dubai tourism license. What is a Tourism License?   A tourism license in UAE is non-negotiable if you wish to set up a tourism business. A tourism license in Dubai allows you to do the following things:  Sell tourism packages (offline and online)  Issue travel insurance policy  Provide lodging and lodging alternatives  Assist with visas by providing support services  Sell plane, train, and bus tickets  Offer rental automobile services   Offer adventure travel packages for sale  Types of Tourism License in Dubai  As mentioned, there are 3 major types of Dubai tourism licenses. You can choose any one of them depending on the nature of the activity of your organization.    Inbound Tour Operator  An Inbound Tourism operating license is required for businesses in inbound tourism operations. The holder can offer tours and sightseeing activities within the boundaries of Dubai. The inbound tour operator can also arrange tour programs linked to events and conferences. Another requirement is that you have travel insurance to cover any potential risks, which will be in effect for the whole duration of the license.  Outbound Tour Operator  A corporation can organize outward trips with this type of authorization. This visa is beneficial for companies that work in travel and tourism, both inside and outside the nation.  The holders of an Outbound license also have the option of holding international seminars and events. You will also require Insurance coverage, which will be valid for the whole duration of the license.   Travel Agent License   Travel agents who engage in visa assistance, travel accommodations, tour and sightseeing operations, transportation, plane ticket sales, etc., must have a travel agency license. The Travel license has the same requirements as the Outbound and Inbound licenses.  There is, however, one more condition. The NOC or No Objection Certificate issued by the Department of Civil Aviation is a pre-requisite. You must also have a letter of request in Arabic on behalf of the local sponsor to apply for a NOC.  Tour Guide License   A tour guide in Dubai leads and accompanies travellers to popular tourist spots and points of interest. Therefore, the tour guide should be well-versed in the tourist attractions and the cultural heritage of the Emirates. A valid Tour Guide license is also required for this position.   The Tour guide license badge is issued by DTCM. For this, the candidate must attend and successfully finish the Tour Guide Award program. The license is valid for one year and must be renewed every year. For renewal, the tour guide must attend the DTCM-approved annual refresher session. Furthermore, if the license is not renewed for two years in a row, the holder will be subject to the DTCM penalty.  What Are The Necessary Documents?  To apply for a tourism license in Dubai, you will need the following general documents:  Shareholder’s passport copies  Entry stamp or visa page   Passport size photograph   You may have to submit other additional documents. For this, you can get in touch with Shuraa experts who will explain and take you through the entire documentation process.   How To Apply for a Tourism License in Dubai?  The process of obtaining a Dubai tourism license is pretty straightforward. Follow the steps mentioned below to get a tourism license: Firstly, submit the company’s name to the Tas’heel center’s economic development section.  Next, obtain authorization from the same department for forming a corporation.   After filling out the paperwork at any typing centre, get all the participants to sign the form and submit it to the DED.  The Department of Economic Development would then submit the form for the site inspection after the first approval. Fill up the form with accurate office information, attach a map, and submit the final paperwork with the DED. Before granting the license, officers would visit to inspect it.  Get a legal translator to draft the LLC agreement and get it notarized. The legal translator’s seal is not necessary if the agreement is in Arabic.  Following that, all partners or attorneys must go before a notary to sign the court’s agreement.  Also, ensure the tenancy agreement is in order.  Lastly, submit all required papers, pay at the desk, and receive your Dubai tourism license.  What Is the Cost of a Tourism License in Dubai?  The cost of a tourism license in Dubai, UAE can start at AED 20,000* depending on the size of your firm, your activity, and more. However, to improve and assist investors seeking a tourism license in Dubai, the DTCM Authority announced a new rule in mid-October 2018. According to this:  Benefits of a Tourism License in Dubai  The Dubai tourism license has several benefits. These include: The advantage of having an incoming, outward tour operator, and a travel agency all under a single licensee with no additional fees or bank guarantees  Reduces the initial tourism license cost in Dubai  Equips the company to work in the tourist industry both inside and outside of the nation  Is capable of organizing international conferences as well as putting on displays and exhibitions  The company can offer airline tickets and visit visas in the UAE (subject to Immigration permission).  With a travel agency and an Inbound Tourism license, the company can
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General Trading License in Dubai

General Trading License in Dubai, UAE

Are you seeking a strategic location for your business that offers easy trading and endless growth opportunities? A general trading license in Dubai can make this a reality! According to UK government publications, over 5,000 British companies operate in the UAE, including BP, Shell, Rolls Royce, Standard Chartered, and HSBC.  The UAE government has implemented several economic and institutional measures to foster a diverse economy. Dubai’s cultural and ecological benefits make it one of the most attractive locations for new businesses. As a result, some of the world’s most prestigious corporations have headquarters in Dubai, and new enterprises are emerging daily. A general trading license in Dubai positions you for success, enabling you to trade in various sectors such as food, electronics, fashion, furniture, and jewellery.  What is General Trading? In Dubai, engaging in general trading is akin to assuming the role of a versatile entrepreneur in the business arena. It involves the procurement and distribution of a diverse array of products across various industries. However, before beginning this trading, obtaining a license from the Department of Economic Development (DED) is important, as it serves as the regulatory authority for such activities.  General trading encompasses the importation of goods, their subsequent local distribution, and in certain instances, their re-exportation to other destinations. While some trading endeavors may proceed without requiring specialized permissions, others necessitate adherence to specific regulatory protocols.  Securing authorization for particular trading activities mandates the acquisition of a specialized license, a process that entails obtaining approval from relevant government departments. Once the necessary administrative formalities are completed and the requisite paperwork is in order, the pathway to commencing trading operations becomes clear.  What Is a General Trading License in the UAE? A general trading license in Dubai permits importing, exporting, and trading a wide range of goods and products. This license is highly versatile, allowing you to trade diverse items with a few exceptions, such as tobacco and products that do not meet health standards. Discover the flexibility a general trading license offers for your business in Dubai.  Unlike a standard trading license, which restricts you to trading a single type of product within one industry, a general trading license allows you to trade multiple products across different sectors. This makes it an ideal choice for businesses looking to diversify their trading activities.  Why Do You Need a Dubai General Trading License? For international entrepreneurs eyeing business ventures in Dubai, getting a general trading license is important. This license holds particular significance if your business aims to trade an array of products across diverse sectors, consolidating all these activities under one comprehensive permit. Obtaining a Dubai General Trading License lays the foundation for a seamless and legally compliant business operation in the city.  With the acquisition of a Dubai General Trading License, your business gains the authority to engage in the lawful purchase and sale of a broad spectrum of products. Armed with this indispensable license, your enterprise assumes a pivotal role in the trading landscape, catering to the needs of businesses not only in Dubai and the UAE but also extending your reach beyond borders.  Why Consider Starting a General Trading Business in Dubai? A general trading license in Dubai offers numerous benefits, making it an attractive option for entrepreneurs seeking diverse trade opportunities and a favourable business environment. Here are the key advantages:  Local and International Trade Opportunities With a Dubai General Trading License, you can import, produce, and sell a wide range of goods locally or export them to lucrative international markets.  Low Tax Benefits The UAE boasts one of the world’s lowest tax rates, making it a cost-effective location to start a business and trade goods with a General Trading License.  Flexible Product Range Enjoy the flexibility to trade a variety of products with minimal restrictions. While initial license fees may be higher, the long-term benefits are substantial.  Efficient Licensing Process The licensing process is efficient and transparent. By submitting the necessary documents, you can obtain your general trading license from the Department of Economic Development (DED) within a week, avoiding lengthy registration procedures found elsewhere.  Visa Sponsorship for Dependents The general trading license facilitates visa applications for employees and dependents, making it easier to acquire UAE visas.  Prime Global Trade Position Dubai’s strategic location at the heart of global trade offers abundant opportunities for your trading business to thrive.  Superior Infrastructure Support Benefit from Dubai’s exceptional infrastructure, including warehouses, logistics companies, top-notch seaports and airports, and a simplified customs process, which will enhance your business operations.  Comprehensive Business Networks and Support Services Access a wide range of support services for your trading company, including logistics, warehousing, legal, marketing, finance, and more.  Benefits of Establishing a General Trading Company in Dubai  For investors and entrepreneurs eyeing Dubai as the destination for their general trading company, the benefits are abundant:  High-Quality Infrastructure: In Dubai, you’ll find upscale office spaces furnished with state-of-the-art amenities and offering flexible rental or lease arrangements. This environment fosters a conducive setting for businesses, enabling streamlined and efficient operations.   Easy Business Setup: Establishing a corporation in the UAE is notably straightforward. With all the required documentation prepared, entrepreneurs can finalize the setup process in as little as 3-4 working days.  Low Capital Requirements: Dubai stands out from many other jurisdictions by not requiring businesses to provide a bank guarantee or deposit share capital. Moreover, UAE businesses have the unique advantage of being able to repatriate 100% of their capital, providing them with unparalleled financial flexibility.  Favorable Tax Environment: The corporate tax landscape in the UAE is notably advantageous. Businesses holding a UAE license are only required to pay corporate taxes on profits exceeding AED 375,000, a rate substantially lower than what is seen in many other countries around the world.  No Trade Barriers: Opening a Business in Dubai is quick and affordable, especially for mainland traders. Exemptions from capital requirements and audits increase profits, while no trade barriers ease operations in the UAE.  These compelling benefits position Dubai as an
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Start an IT Company in Dubai

How to Start an IT Company in Dubai?

We were running around looking at all options with different free zones and sponsors, but it was very straightforward in the end” says Chris Leighton, Co-founder, AirZones, a UK-based company that was established in Dubai, United Arab Emirates, in September 2021. It has just been a short while and the company is already thriving in the UAE and seen as a promising competitor in the market.  According to the UK’s Department for International Trade, more than 6,000 UK-based companies are already registered in the UAE, with bilateral trade set to reach £25 billion (Dh127.1bn).  UK businesses that choose Dubai as their base can access undeniable support and a uniquely nurturing environment for development. In fact, establishing an IT business in Dubai comes with a host of benefits. Benefits of starting an IT company in Dubai Taxation is one of the important benefits of setting up an IT company in Dubai for freedom from corporate taxes and free differentiation of profits when it’s set in a free zone. Moreover, you receive hassle-free availability of resources such as skilled workforce from all over the world along with avant-garde internet facilities. Considering the favourable market conditions and ease of global reach in Dubai, your IT business can have an edge over others in the industry. Furthermore, information and communications adoption in the region in blend with digital implementation makes it a hotspot for new investors and growing entrepreneurs. Dubai offers many free zones to motivate local and foreign investors to start their businesses. Also, IT-oriented free zones in Dubai guarantee extraordinary business conditions, integrating office structure and accommodation areas for companies and personnel. How to open an IT company in Dubai? The process to open an IT Company in Dubai is smooth and convenient. It hardly takes a week to complete, given the steps to start an IT business in Dubai are followed carefully. The process of setting up an IT Company in Dubai starts with these six important steps: 1. Determine the type and location of your IT company To start with, you’ll need to decide the type of business you want to set up. This is because your business type will determine the type of license required — commercial professional or industrial, as you will need approval from other departments. Moreover, the Department of Economic Development (DED) lists 2100+ activities for business owners to choose from, including various IT business activities. Additionally, the 45 free zones in the UAE each have their own regulations and formalities. Dubai free zones allow companies to undertake IT-related activities, but some free zones have specific licenses for such activities.  2. Choose Your Business Location Now, you must decide where to establish your IT company. You can choose a location in the free zones, such as DMCC Authority Free Zone and Creative City Fujairah. Though, DIC (Dubai Internet City) is the most preferred location to open an IT company in Dubai. 3. Secure the premises Once you settle the legal procedures and select the location, you can search for your office, based on cost, size, location and other facilities. 4. Register the Trade Name The name of your company should reflect the nature and type of IT business in Dubai the company is involved in. However, if your IT company is a branch of another company that already has a name, then its name should not be offensive, provocative or insulting to anyone. 5. Designate share capital Decide on the share capital in your IT company. The Memorandum Of Association of your IT company decides the minimum share capital. Often, business owners do not have to pay minimum capital to start an IT business in Dubai. 6. Hire employees  After setting up your office, start the hiring process. Dubai has an abundance of skilled workforce. Hence, you can have a manager ready to be on board before you get the approval to set up a Dubai IT company. Although, in some cases, you may not be able to hire a workforce, and therefore, you may need to involve contractors. How to obtain a professional license for an IT company in Dubai Once an investor chooses to start an IT company in Dubai, it is mandatory to obtain a professional license from the Department of Economic Development in Dubai before starting operations. To obtain a license, you must hire a local agent who can perform various tasks related to your IT business, from applying for name reservation and registering your company to securing a location and also hiring a workforce, etc. Documents required to open an IT company in Dubai The investor has to submit various documents to the Department of Economic Development. The list of documents is as follows. Passport of the owner and the partners of the firm Entry Stamp / UAE Visa The local partners chosen by the investor need to submit a neutralisation book. NOC for expatriate partners from the various sponsors chosen. The agreement of partnership must be signed in front of the notary. What is the Cost of opening an IT company in Dubai? Setting up an IT company in Dubai includes various costs, ranging from company registration and license fees to office expenses and share capital amount. Company Registration Fee is a one-time payment. The cost for registering to open a company in Dubai in a free zone is AED 9,000 to AED 10,000. Contrary to the company registration fee, license fees are a recurring cost. It can cost anywhere between AED 10,000 to AED 50,000 per year.  Conclusion The support and a uniquely nurturing environment for growth found in Dubai are unmatched. From the ease of doing business to taxation, everything is hassle-free. Moreover, the IT industry in Dubai has tremendous potential for growth in local as well as overseas markets. Got a great business idea you want to execute? Everything you need can be found in Dubai.
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LLC company formation in Dubai

How To Set Up A Limited Liability Company In Dubai, UAE

Limited Liability Companies (LLCs) are a popular choice for entrepreneurs looking to establish a business in Dubai, UAE. Setting up an LLC can be a strategic move for entrepreneurs looking to establish a presence in the Middle East. LLC company formation in Dubai offers a number of benefits, including limited liability protection for shareholders and the ability to conduct business in a tax-friendly environment.  Dubai is an attractive location for setting up an LLC due to its business-friendly policies, strategic location, and growing economy. The city serves as a hub for trade and commerce in the region which makes it an ideal base for businesses.  Therefore, we will provide you with a step-by-step guide on LLC company formation in Dubai, its benefits, costs, and other things you need to consider before you setup a company in Dubai.  What is an LLC Company in Dubai? An LLC Company in Dubai also referred to as a Limited Liability Company, is the most popular business structure for the UAE mainland. An LLC can have a minimum of two and a maximum of fifty shareholders. Importantly, these shareholders’ liability is limited to their investment in the company. This means their personal assets are protected if the company faces debts or lawsuits.  Setting up an LLC in Dubai typically involves registering a company name, obtaining a business license, securing visas (if needed), and opening a corporate bank account.  Benefits of Setting up an LLC Company in Dubai Here are some of the key benefits of setting up an LLC company in Dubai:  1. Limited Liability Protection This is a major advantage. As an LLC owner, your personal assets like your house or savings account are shielded from liability if the company faces debts or lawsuits. Your financial risk is limited to your investment in the company.  2. Tax Advantages Dubai offers a tax-friendly environment for LLCs. There’s typically limited corporate income tax levied on LLCs. Profits “pass through” to the individual shareholders who are then taxed on their share of the profits.  3. Ease of Setup Compared to some other business structures, forming an LLC in Dubai is considered relatively straightforward.  4. Management Flexibility LLCs offer flexibility in how you choose to manage the company. You can either have the members (owners) handle it directly or appoint external managers who aren’t shareholders.  5. 100% Foreign Ownership  Dubai allows 100% foreign ownership for LLCs on the mainland, with some exceptions. This can be a significant advantage for foreign investors looking to establish a business in Dubai.  6. Multiple Visas An LLC allows you to sponsor employees and apply for multiple visas, which can be helpful if you plan on hiring foreign staff.  7. Stronger Business Image An LLC structure can present a more professional and established image for your company compared to a sole proprietorship.  Documents Required to Setup LLC in Dubai To open an LLC in Dubai, you’ll need to submit a variety of documents to the Department of Economic Development (DED). This may include:  Photocopies of all shareholders’ passports (including visa pages if applicable)  Application form for registration from the DED  For UAE nationals only, a photocopy of the applicant’s Emirates ID  Trade name reservation form  Memorandum of Association (MOA) & Articles of Association (AOA) if applicable  Bank reference letters  NOC (No Objection Certificate) if required  How to Setup a Limited Liability Company in Dubai, UAE? LLC company formation in Dubai follows a simple, systematic process: 1. Choose Your Business Activity This initial step involves identifying the specific activities your LLC will engage in. The UAE government offers a vast selection of business activities (over 2,000) to choose from. You can find a detailed list on the Department of Economic Development (DED) website.  2. Reserve Your Company Name Once you’ve chosen your business activity, it’s crucial to secure a unique and appropriate name for your LLC. You can submit a name reservation application to the DED for approval.  3. Secure a Business Location While not mandatory, having a physical location can be beneficial depending on your business needs. If you plan to operate from a rented space, secure a tenancy contract and obtain a location map.  4. Prepare the Memorandum of Association (MOA) This is a crucial document that outlines the company’s structure, ownership details, and management rules. You’ll need to draft and notarize the MOA.  5. Apply for a Business License Submit the required documents, including the MOA, tenancy contract, and application forms, to the DED. There might be associated fees for processing the license application.  6. Open a Corporate Bank Account With your licenses in hand, you can proceed to open a corporate bank account for your LLC. This is essential for conducting business transactions.  7. Secure Visas (if required) If you plan to live and work in Dubai or hire employees, you’ll need to sponsor their visas through your LLC.  8. Comply with Tax Requirements Register for tax purposes with the Federal Tax Authority (FTA) and ensure compliance with tax regulations in the UAE.  Consider consulting with a business formation specialist in Dubai at Shuraa Business Setup. Our expert can guide you through the process to ensure you meet all the requirements and overcome complexities.  LLC Company Formation Cost in Dubai The base license cost for setting up an LLC in Dubai typically starts from AED 15,000 to AED 30,000 (USD 4,083 to USD 8,167 ). However, the overall cost depends on several factors, including:  Chosen business activity  Business Location  Government fees  Visa costs  Office rent  Additional approval and permits  This is a general estimate, and the actual LLC company formation cost in Dubai may be higher or lower depending on your specific circumstances. To get a more accurate quote, it’s recommended to consult with a business formation specialist in Dubai at Shuraa who can consider the details of your business activity, location, and any additional requirements.  Start Your LLC Today with Shuraa!  Setting up a business in Dubai is easier than ever with the Limited Liability Company (LLC) structure.
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start a business in Dubai Free Zone

How to start a business in Dubai Free Zone?

Dubai draws a lot of attention from prospective UK investors and business owners. Before building a business in Dubai Free Zone, there are several things to consider. The goal is to figure out which choice is best for you and your company. Overseas investors like to engage in free zones specifically. However, around this, there are many misconceptions about what a Dubai-free zone is and how to operate a business in one. What Is a Free Zone? Free zone areas, also known as free trade zones in Dubai, are designated commercial zones that are tax-free for the enterprises that operate within. There are no residential houses in these districts that entrepreneurs can use for business. Establishing a business in a free trade zone is ideal for international enterprises and company owners that do most of their work outside of the UAE but want to use the UAE for regional production and supply. Moreover, the government established particular laws and regulations to establish such free zones in Dubai.  As a result, there are several advantages for anybody to invest in setting up a business in the Dubai free zone. Furthermore, non-free zone enterprises required a local sponsor who held 51 percent of the company until recently. Foreign investors are eligible to own 100% of the enterprises in Dubai-free zones. Although there has been a change in these restrictions recently, a considerable number of international investors still opt to operate from Dubai’s free zones due to the attractive tax incentives. Business in Dubai Free Zone Many individuals wonder how they may begin a company in the Dubai free zones. Below are a few procedures to follow, followed by a full explanation of what to consider before free zone company formation in Dubai Examine the legal entity that your business will be. Choose a business brand name Make an application for a business license. Pick a commercial building in one of Dubai’s free zones to start a business. Pre-approvals, registration, and license. Types of UAE Free Zones There are two types of free zones in Dubai. Free Zone Limited Liability Company (FZ LLC) Free Zone Establishment (FZE) The number of stockholders and their legal status are the only differences between the two. Each Dubai free zone has its own set of restrictions, and business owners must make sure that their company’s position corresponds to the legal criteria of the zone they take interest in. You must first fulfill the legal conditions before the legal authorities that authorize you to operate a company in the Dubai-free zone. Business and Licensing Before you make any tangible moves toward launching a business in one of Dubai’s free zones, you must first decide what type of business you wish to run. That is when you’ll be able to take full advantage of this opportunity. Also, consider if you want to work as a freelancer or build a business and recruit employees. Freelancers do not have permission to access all Dubai free zones. Moreover, applying as a freelancer, on the other hand, is costly. Second, you’ll need to figure out what kind of license your company requires. Multiple operations have the permission to run in Dubai-free zones under a single license. However, those operations or activities are covered by the same permission as stipulated by the granting body. Name of the Business Naming your company is one of the first decisions of your business formation. It’s essential to think about its emotive plea. The name should appeal to the market group you’re aiming for. You must, however, follow some naming rules. The first step is to determine whether or not the name is eligible for registering. You may do it yourself or hire specialists by going to the Emirate government’s website. Words having religious or political connotations are strictly prohibited. The Right Free Zone The setting of your Dubai free zone is critical to your company’s success. The first step is to figure out what kind of company you want to start. The second stage is to evaluate which Dubai-free zone is best for your business based on this information. In some Dubai free zones, only specific industries have the permission to operate. Furthermore, you must select the Dubai free zone as per the goods and services you intend to market in the industry. You need due diligence even from the perspective of possible operations. It would be more difficult to flourish in a zone recognized for a different industry. The sales drive would be more difficult, and expenses would rise. On the other hand, if there are too many comparable choices to pick from, the market may be considered saturated. As a result, before opting to operate a business in Dubai-free zones, all of these criteria must be considered. Documents Required To Start a Business in Dubai Free Zone Additionally, to obtain office space in a Dubai-free zone, you must legally register your company by applying. Dubai free zones have particular requirements for each license. However, the following papers are often necessary for pre-approval: Pre-Approval Documents Required for Opening a Free Zone Business in Dubai If necessary, a color copy of the shareholder’s passport and visa. Business plan application form A copy of your current business license/registration certificate  Specimen signatures of the company’s shareholder(s) and the new company’s designated Manager/Director year audited financial records or a certificate of reference from an individual shareholder’s bank  Furthermore, deed of title to the unit. Manager/Director Letter of Intent Registry Identification Code Form (RIC) (Original and notarized) Additionally, freelancers have their own set of demands. They only need the application form, RIC, CV, and bank reference letter. Here are the key steps to set up a business in a free zone. Determine the type of legal entity. Choose a trade name. Apply for a business license. Choose an office space. Get pre-approvals, register your business and get your license Start your business in the free zone with Shuraa UK To conclude, Dubai’s free zone experiment appears to have been a
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Business Ideas in Dubai

Top 17 Successful Business Ideas In Dubai, UAE – 2024

Dubai is one of the most popular and attractive destinations for entrepreneurs worldwide. Entrepreneurs from around the world are drawn to this dynamic city, and for good reason. With its strategic location, tax incentives, advanced infrastructure, and supportive business environment, Dubai has become an attractive destination for those looking to start their own businesses.  However, the first step of starting a business requires planning and choosing the right business ideas in Dubai. Therefore, we are here to explore the top 17 business sectors that have flourished in Dubai, including tourism, real estate, technology, and more. But first, let’s set the stage and understand why & how Dubai became a popular business destination for entrepreneurs from around the world.  Most profitable business ideas in Dubai in 2024 Learn about 17 profitable business ideas in Dubai and the UAE. It can help you decide whether to start a small business with low investment. 1. Foodstuff Trading Foodstuff supplies in Dubai are imported, exported, as well as manufactured. Business owners looking to explore this venture need to apply for a foodstuff trading license in the UAE and meet the established infrastructural and hygiene requirements. You need to ensure that the food products are properly partitioned, and the containers are frequently sanitized to kill all the harmful germs. Furthermore, the container must have a temperature-tracking device. You can get in touch with the Dubai Municipality to secure your foodstuff license approval once you have all the other setups done. Read More about How to Start a Foodstuff Trading Business in Dubai 2. IT Services Everyone can observe the growth in the Information Technology industry. Following the onset of the COVID-19 pandemic, it was one of the first businesses to adjust to the “new normal.” When you start a business in Dubai, you can look into a variety of IT-related opportunities. App development, SaaS services, biotechnology, financial technology, and many more are among them. To get the most out of your IT services firm, you may set it up in one of the specialist free zones. For IT entrepreneurs, free zones such as Dubai Silicon Oasis (DSO) provide profitable business prospects. Read More about How to start an IT company in Dubai 3. Marketing Management Several major marketing management firms are based in the United Arab Emirates, and it’s among the top 10 successful businesses to set up in this region. Its place among the top trading business ideas in dubai is undeniable since firms of all sizes and sectors require a marketing management team to handle their marketing requirements.  You can provide a variety of services, such as branding, paid-ads marketing, organic lead generation, and so on. It’s your duty to demonstrate your knowledge in this sector by providing your clientele with top-notch marketing management solutions.  This will assist you in developing an attractive portfolio in order to grab new markets and establish a reputation for yourself in Dubai’s lucrative industry. 4. Project Management Entrepreneurs who want to start a project management firm in the UAE are on the right track. It’s a lucrative business sector with a plethora of options. To get your project management firm license, you must contact the concerned business licensing authorities. If your granted license does not cover certain of your business operations, you can request external approvals to have them added. Your project management business can offer professional consulting services, project timetable management, event planning, and much more. Read More about Starting a Project Management Services Company in Dubai 5. Electrical Trading Business Be it for household or commercial settings – electrical appliances like air conditioners, wires, and cables, refrigerators, etc., are an essential aspect of any infrastructure. You can start your electrical appliances trading business in the UAE by getting in touch with the Shuraa India Branch or the concerned governing authority.  You must submit all the required documents alongside your visa application and wait for the department’s approval. It’s the best business in Dubai for investors looking for a low barrier to entry and an abundance of client requirements. 6. Electronic Trading Business An electronic trading company in the Emirates can find its home in the mainland region as well as in many of the specialized free zones. You can indulge in the trading of various IT commodities like speakers, displays, computer hardware, and much more. The best part is that you aren’t liable to pay any customs duty on any of your trading activities, and you can trade freely within Dubai and all across the UAE with a mainland establishment. There aren’t any hidden formation costs, and you can easily avoid double taxation too. 7. Cosmetic Trading Trading of cosmetic products in the UAE finds its way in the list of top 10 most successful businesses to start because of the hassle-free company formation procedure and business-friendly laws.  All your cosmetic products should be labeled as per the standards established by ESMA (the Emirates Authority for Standardization and Metrology). Moreover, they should be approved for safe usage on the skin, nails, hair, etc. You can connect with Shuraa India’s business experts to know more about these regulations. 8. Garment Trading Business Thanks to the advantageous market conditions, the garment trading industry is one of the most successful companies to start in Dubai. Depending on your needs, you can start up your textile trading firm on the mainland, in any of the free zones, or offshore. The UAE government gives you the authority to produce, export, and distribute clothes both within the country and to foreign countries. You can contact Shuraa’s business specialists, and we’ll assist you in obtaining a garment trading license at a low cost by handling all legal procedures for you. Read More about How to start a garments Trading Company in Dubai 9. General Trading Firm The general trading industry in the UAE is booming, with plenty of prospects for trading enterprises, thanks to the UAE’s world-class transportation infrastructure and low-cost business formation. All you have to do is contact the relevant economic department
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Dubai investor visa

Investor Visa in UAE : Eligibility Criteria & Document Required

Dubai has become synonymous with innovation, luxury, and a booming business environment that attracts investors from around the world. For those looking to establish a business or invest in property in Dubai, the Dubai Investor Visa is a valuable opportunity. This visa allows individuals to live and work in Dubai while pursuing their business ventures or managing their property investments.  Whether you want to invest in an existing company, setting up your own business, or exploring real estate opportunities with a booming property market (Dubai’s real estate market is expected to grow by over 6% between 2025 and 2027), the Investor Visa paves the way for residency and a bright future.  However, understanding the process and requirements for Dubai investor visa is essential. So, let’s explore the various types of investor visas available and how you can make the most of this opportunity in Dubai.  What is the Dubai Investor Visa?  The Dubai Investor Visa, also known as the Partner Visa, is a residence permit for those who want to invest and live in Dubai. It allows you to not only reside but also work and sponsor your family members. Generally, there are two main ways to qualify for the Investor Visa:  You can invest at least AED 10 million (around USD $2.7 million) in a new company or become a partner in an existing company with an investment of at least AED 10 million.  You can purchase a property with the required minimum value. However, the property must be off-plan (under construction) and completed at the time of purchase.  If you meet either of these requirements, you can obtain a visa that allows you to reside in Dubai for long term, typically renewable every three years. There’s also a new option called the Golden Visa, which offers a 10-year residency visa.  Dubai Golden Visa  The Dubai Golden Visa is a long-term residency program. It grants residence privileges to talented individuals and professionals for up to ten years. This visa offers several benefits, including the ability to live, work, and study in the UAE without needing a local company sponsor.  For investors, there are a few options. One way is to invest a minimum of AED 2 million in an approved UAE investment fund. Another option involves investing in property with a minimum value of AED 2 million, but this property must be off-plan (under construction) and you must retain ownership for at least three years.  Besides the extended residency period, the Dubai Golden Visa offers advantages like sponsoring family members for residency, greater freedom to move jobs within the UAE, and 100% foreign ownership of your business.  Eligibility Criteria for the Dubai Investor Visa  To apply for the Dubai investor visa, you must meet specific eligibility criteria. This generally includes:  Setting up a new company in Dubai with a capital of at least AED 10 million.  Becoming a partner in an existing company with a minimum shareholding worth AED 10 million.  Purchasing a freehold property in Dubai with a minimum value of AED 2 million.  Documents Required to Obtain Dubai Investor Visa  The documents you need to obtain a Dubai Investor Visa will depend on whether you choose the route of business investment or property investment. However, here are the general requirements for obtaining an investor visa in Dubai:  A copy of your valid passport  Two recent passport-sized photographs  Medical fitness certificate  Proof of valid health insurance coverage  A copy of your company’s trade license issued by DED  Immigration establishment card (to confirm your company’s registration with the GDRFA)  Proof of share ownership  Bank statement  Property valuation certificate  Property ownership deed  How to Obtain a Dubai Investor Visa?  Obtaining an investor visa in Dubai involves several steps. Here’s a breakdown of the general process:  1. Define Your Investment Plan  Decide whether you’ll invest in starting a new business or become a partner in an existing one. Alternatively, consider the Golden Visa route if you have a minimum of 2 million for investment in real estate or an approved investment fund.  2. Fulfill Investment Requirements  For business investment, register your company with the Department of Economic Development (DED) and obtain a trade license. Contact experts at Shuraa Business Setup for all your company formation needs.  3. Apply for Entry Permit (if required)  If you’re outside the UAE, apply for an entry permit online through the GDRFA website.  4. Investor Visa Application (In-person or online)  Submit your application and documents for the Investor Visa to the General Directorate of Residency and Foreigners Affairs (GDRFA) either in person or online through their designated channels.  5. Medical Examination  Undergo a medical examination at an authorized health center in Dubai. This typically includes tests for communicable diseases like HIV and tuberculosis.  6. Visa Approval and Issuance  Once your application is approved, you will receive an entry permit to enter the UAE. Upon arrival, you will need to complete the residency visa stamping process:  Enter the UAE using the entry permit issued.  Complete a medical test in Dubai.  Apply for an Emirates ID.  Get your residency visa stamped in your passport at the GDRFA.  7. Emirates ID Collection  Collect your Emirates ID once it is ready. This is an essential document for legal residency in the UAE.  8. Renewal  Ensure you renew your investor visa before it expires. The renewal process involves similar steps, including medical tests and paying the renewal fees.  Consult with our experts at Shuraa for personalized guidance throughout the process. They can help with any specific requirements or complexities based on your situation.  Cost for Investor Visa in Dubai  A 2-year Investor visa cost in Dubai is AED 15,000 to AED 50,000, with a renewal fee of AED 10,500*. The cost of a Dubai Investor Visa can vary depending on several factors, including:  Type of investor visa (Golden Visa generally has higher costs)  Investment approach  Application method (Online or in-person)  Here are the estimated costs:  Visa Fees: AED 4,000 approx., the Golden Visa fees may differ  Medical Test: Around AED 350
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