Business Dubai

Dubai mainland business setup

The Reason Why a Dubai Mainland Business Setup is Profitable

Dubai Mainland Business Setup is the most profitable and intriguing investment choice for investors and businesspeople world-wide. Registering a mainland business in the UAE gives the company the ability to conduct business both inside and outside of the country.   The term “Mainland” refers to the entire geographical area of the UAE, specifically, locations where corporations, businesses, or other organisations can carry out trading operations. In Dubai, the Department of Economic Development (DED) is in charge of processing paperwork and offering mainland company formation. In comparison to free zones or offshore company formation, a Mainland Business Setup in Dubai has more requirements and documentation.  Important Features of Mainland Company Formation in Dubai  There are undoubtedly benefits that Mainland Company Formation can offer to financial professionals searching for a business setup in the UAE. Tax incentives is one of the highlights. Let’s look at some different highlights, shall we?  Corporate taxes are not a burden on mainland businesses.  There is no legal requirement for capital to obtain a Mainland Company Formation License.  Setting up a mainland company is possible without a cumbersome process.  An audit is not required to be performed.  It’s easy to get a permit for Mainland Company Formation in Dubai.  The company can be managed from anywhere in the UAE.  The use of money is not subject to any legal restrictions.  In Dubai, employment visa services are reasonably priced and efficient.  The corporate financial balance can be effectively publicised.  It is possible to repatriate 100% of capital and benefit.  The business office is located throughout the UAE.  Types of Business Entities formed under Mainland   Dubai offers a variety of business resources to financial professionals that can be combined successfully.  Branch of Foreign Company  Financial experts who are looking for a platform to expand their businesses are given opportunities by the Dubai branch of the Foreign Office. You can choose Mainland company formation to incorporate your branch office if you’re looking for a platform to expand. To learn more about the consolidation of branch offices.  Limited Liability Company (LLC)  One of the most well-known types of business entities is the limited liability company (LLC), which can be formed with the participation of at least two investors and up to a maximum of fifty. The percentage of individual shareholding determines how much responsibility each accomplice must bear. To be completely knowledgeable about joining an LLC.  Representative Office  The UAE allows financial experts from outside to establish a delegate office without the presence of an investor. A delegate office refrains from business operational activities and is more inclined to conduct research and advance promotional activities.  Basics of Starting a Mainland Company in Dubai  In Dubai there are many areas of focus for mainland company formation, including:  The simplicity of finding office space at reasonable prices with the flexibility to lease or rent an office anywhere.  Flexibility to collaborate across all the UAE.  No restrictions on handling reliable archives.  No yearly inspection.  What is the purpose of setting up a mainland company?  Due to the following factors, Mainland Company formation in Dubai is a great decision:  Major Location  With regards to the Middle East, the UAE ends up being a crucial region. It helps to expand business operations and gives business speculators opportunities to enter the other GCC countries.  Optimal Economic Policy  The UAE government offers business financial experts a variety of offices, including 100% remote ownership, no close-to-home expenses, and others, to approach and begin business arrangement forms associated with various ventures.  Ideal Corporate Culture  Regardless of the size or nature of the business, Dubai provides a lovely business atmosphere, which is why it continues to be regarded as the best location by novices, businesspeople, and established business experts.  Abundance of Natural Resources  The UAE has wide-ranging access to common resources that are very helpful for maintaining both a high standard of living and doing business.   Strong Network  The UAE has a strong network that supports transportation, including highways, airports, and offshore routes. This adaptability encourages business owners to establish their enterprises in Dubai and carry out the necessary business activities.  Simple Business Formation Procedure  Mainland company formation offers a straightforward way to begin and end the process of business setup. Entrepreneurs, for the most part, want to speak with professional business experts about how to get similar tasks finished more quickly.   Simple Office Space Availability  A growing focal point for business foundations has been mainland company formation. In this way, you never have to worry about finding an office to launch your business and carry out the procedures. Get your Dubai Mainland Co-working License with Shuraa.  No Restrictions on Conducting any Business Activities  Mainland company formation companies have the flexibility to conduct their business in the entire UAE, provided that the activities are legal and relevant experts vouch for the same.  Simple Visa Availability  There is no pressure during the visa application process. If you have all the essentials needed to support yourself, it becomes simple for entrepreneurs to obtain a financial specialist visa and a living arrangement visa.  Types of Licences and Activities  More than 3000 business activities are available for Dubai Mainland Business Setup. The licence and any other necessary requirements will depend on the type of business, the organization’s structure, and the operating country.  Contact us for more information on business operations.  Commercial License   In the United Arab Emirates, companies that engage in the trading and supply of goods like:  Trading of mobile phones and accessories.  Trading of cleaning, safety, and construction supplies.  Trading of chemicals, oil & gas.  Automobiles and trading of spare parts.  Trading of gold and precious metals.  Industrial License  Manufacturing and other industrial activities, such as:   Clothing and uniform production.  Manufacturing of dairy and meat products.  Making fishing nets and producing food for animals and birds.  Manufacturing of sweets and pastries and bottling of mineral water.  Manufacturing of carpets and embroidered fabrics.   Professional License   For individuals or business organisations that provide knowledge as a service to the general public in the UAE, such as:  IT infrastructure consulting firms for
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minimum investment start business in Dubai

Minimum Investment to Start Business in Dubai

Starting a company in Dubai is a potential business venture for international investors. And why not? UAE is one of the top business areas for a new investor with a low budget. Consequently, an investor needs to know the investment required for business in Dubai.  According to the Dubai Media Office, Dubai topped the global list for luring foreign direct investments in 2021, with 418 greenfield projects. Furthermore, according to the annual Dubai FDI Results and Rankings Highlights Report, the city’s position on the global stage rose from third to second in 2022. Given Dubai’s investment and business opportunities, many investors have this one common question: What is the minimum investment required for business in Dubai?  If you have the same question, keep reading. This blog will tell you the minimum investment required to start a business in Dubai, Free Zones offering minimum investment business, and share some profitable business ventures you can start. Top 3 Free Zone Minimum Investment Start a Business 1. The International Free Zone Authority, Dubai (IFZA) The IFZA, located in Dubai’s Silicon Oasis Area, is one of the UAE’s competitive free zones. It is one of the most affordable free zones in the UAE for starting a business because it offers a variety of low-cost company formation packages. The Dubai Department of Economic Development determines the range of commercial activities that can be carried out in this free zone. A maximum of 7 activities may be chosen under a single license. The IFZA free zone offers the following license categories: Service  Trading  Consulting Establishing a corporation in IFZA may reduce your company’s capital requirements and annual audit costs. 2. Dubai CommerCity Dubai CommerCity is a brand-new free trade zone in the United Arab Emirates that provides business owners with first-rate amenities and a wealth of commercial infrastructure. The Free Zone, located near Dubai International Airport, serves as a hub for global trading companies.  This Free Zone is ideal for businesses whose operations rely on logistics. It is home to more than 170 businesses. Furthermore, it provides the necessary assistance and commercial amenities for investors looking to scale up their business initiatives quickly. 3. Sharjah Media City (SHAMS) SHAMS, the UAE’s fastest-growing media-free zone, is home to some of the country’s largest industries and corporations. Sharjah fosters a dynamic and expanding environment for aspiring business owners. As a result, SHAMS is now one of the best free zones for established businesses and new investors with minimal investment requirements. SHAMS offers over 150 business activities across various sectors. Contrary to the name, the company’s operations extend beyond the media industry. Top 4 Minimum Investment to Start a Business in Dubai There are numerous business opportunities you can pursue in the UAE. If you’re a first-time entrepreneur with a limited budget, consider the following business ideas: 1. E-Commerce Business In the coming years, digital will undoubtedly be the way to go, with online becoming the new standard. According to the most recent Dubai Chamber of Commerce estimate, e-commerce trade in the UAE is expected to reach $9.2 billion by 2026, accounting for 12.6 percent of total retail sales in the same year. The future of e-commerce is as bright as it can be, as more people feel comfortable making purchases online, making it a profitable business idea. 2. Childcare Business Daycare is another critical service the UAE urgently needs as more foreigners relocate there for work. Many working couples in Dubai and the other Emirates require someone to look after their children. The childcare industry is one of the best businesses in Dubai that does not require significant initial investments. Furthermore, this business idea offers a lot of flexibility and opportunity to scale.  3. Recruitment Agency Many companies in the UAE are always looking for employees. Due to rising demand and competition, they need help to make significant employment decisions. Consequently, these businesses use recruitment agencies to fill their hiring needs.  According to a survey conducted by job portal Bayt and market research firm YouGov, almost 70% of UAE firms intend to hire new workers in the upcoming year. Furthermore, since skilled and semi-skilled labourers who travel to the UAE in search of work make direct contact with recruitment agencies, it becomes easy for you to onboard top talents and help your clients in the hiring process 4. Transportation Business The UAE offers excellent transportation infrastructure. According to the Roads and Transport Authority, Dubai’s commercial transport industry increased by 37% in the first quarter of 2022 compared to the previous year’s period.  Due to its robust connectivity with the sea, land, and air, it is the perfect location for a transportation or logistics business. One might choose from any of the following options to launch a business in Dubai: Air cargo transportation Car rental Bus tours Courier service What Is the Process of Starting a Business in Dubai? Follow the guidelines below to launch a business in the UAE: Determine the Nature of Your Business Activity. Determine Your Company’s Legal Structure. Register the Trade Name. Select Business Space and Location. Obtaining the Initial Approval. Registration and Payment of Fees. What Documents Are Necessary to Start a Business in Dubai? You will need to submit the following general documents to the authorities to start a business in Dubai: A copy of your passport Passport-size photographs A copy of your entry visa You may have to submit additional documents, depending on your choice of activity. Our experts can assist you with all the business paperwork and information regarding the investment required for business in Dubai to help you set up your business effortlessly.  What Is the Minimum Investment to Start a Business in Dubai? An increasing percentage of startups think Dubai is a better place to launch a business than other places worldwide. However, the cost of starting a business in Dubai has risen, making it more difficult for new businesses to enter the UAE market.  Typically, a mainland business company formation will cost nearly 15,000 AED to AED
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crypto license in Dubai

How Do I Get a Crypto License in Dubai?

The introduction of Web3 has made cryptocurrencies a hot topic. It is not surprising that Dubai is interested in exploring cryptocurrency and has already taken the necessary steps for a city that has always been ahead of the curve. Therefore, the time is now if you want to get a crypto license in Dubai.  The city has become one of the world’s most well-known markets for bitcoin platforms due to the remarkable growth of bitcoin firms which have fundamentally altered business operations globally. The United Arab Emirates is among the top four nations ready to adopt cryptocurrency. According to statistics, the country ranks 6.2 out of 10 in terms of crypto readiness.  You can buy and sell distributed ledger-based crypto-commodities (Proprietary Trading) in Dubai if you have a cryptocurrency license. However, it cannot be used as a broker or exchange. Now, if you want to get a crypto license, keep reading. This blog will walk you through cryptocurrency, its need, procedures, and costs of a cryptocurrency license in Dubai. What Is Cryptocurrency? Cryptocurrency is a digital or electronic currency that uses encryption to protect transactions. Furthermore, rather than a centralised issuing or regulatory organisation, cryptocurrencies rely on a decentralised mechanism to log transactions and issue new units. Additionally, because it is a peer-to-peer system, anyone from anywhere can send and receive money. Cryptocurrency payments are not physical currencies that can be carried around and exchanged; instead, they are recorded digitally in a database that identifies individual transactions. Some examples of cryptocurrencies include: Bitcoin Ethereum Solana Litecoin Ripple Cardano Polkadot Why Do You Need a Cryptocurrency License in Dubai? A crypto license in Dubai is required to start your cryptocurrency business. The Dubai cryptocurrency license is classified as a “commercial license.” This “commercial license” governs all commercial processes involving trading in Dubai.  The cryptocurrency exchange company and commerce in Dubai are linked to Bitcoin and other crypto coin trading. With this digital currency trading license, you can conduct all other significant cryptocurrency tradings in Dubai. Getting a crypto license will significantly enhance your business. Some of the benefits include: Your company’s transaction expenses are significantly reduced due to the absence of gateways and service fees. Cryptocurrency trading provides strong encryption, ensuring the security of all transactions. Given the recent uptick in bitcoin trends, it will help you distinguish yourself from your competitors. The Dubai government has begun developing rules to encourage Dubai residents to invest in various cryptocurrencies. According to statistics, 25% of millionaires in the Middle East have already invested in cryptocurrency. For Dubai tax residents, there is no personal income tax on bitcoin earnings. There is no tax on capital gains, business revenue, or salary, whether you trade actively or simply hold. What Do You Need to Know Before Getting a Crypto License in Dubai? Technical knowledge has proven to be highly beneficial. To start a cryptocurrency business, you must have a strong interest in technology. You must have specialised skills to understand the fundamental blockchain technologies properly. The blockchain industry is not for the faint of heart; it is a high-risk, high-reward venture. Because blockchain is a new technology, it is prone to volatility and fluctuating exchange rates. Diversifying a company’s product line and portfolio is one of the finest things a crypto license holder can do to avoid overexposure to cryptocurrencies. To weather market downturns, risk-averse organisations should diversify their revenue streams. How Do I Apply for a Dubai Cryptocurrency License? To obtain a cryptocurrency license in Dubai, follow the steps mentioned below –  1. Choose a Company Name Do you already have a business name for your cryptocurrency? You can submit it to the appropriate governing body for approval. If not, contact business experts who can assist you in cutting down your list of potential company names. You must also ensure that you follow all name convention rules established by the government. Furthermore, avoid using insulting language or phrases that denigrate someone’s sincerely held religious or sentimental beliefs. 2. Make Contact With the Appropriate Authority The United Arab Emirates Virtual Asset Regulatory Authority (VARA) oversees cryptocurrency-related businesses. To begin a cryptocurrency venture in the DIFC free zone, for example, a company must have at least 5 years of legal existence in the cryptocurrency space in another country. The DMCC, another free zone in the UAE, offers a self-proprietary crypto license, allowing you to launch your cryptocurrency business there. 3. Obtain Cryptocurrency Authorisation The next step to obtain a crypto license in Dubai is permission. You must complete all necessary paperwork and approvals. Working with business license experts is therefore recommended. We file your application after carefully reviewing the data to ensure you receive your license in a single transaction. 4. Follow All Compliance Protocols Like other forms of financial transactions, the UAE strictly regulates cryptocurrency trading. The SCA’s Crypto Assets Activities Regulation (CARR) rules establish general operational guidelines for cryptocurrency businesses and users. There are also additional anti-money laundering and anti-terrorist funding regulations. These regulations and KYC and AML monitoring requirements necessitate a strong compliance network. It requires that all deposits and withdrawals be made only from the client’s bank account. All cryptocurrency business owners must strictly adhere to all anti-money laundering regulations. Furthermore, your company must follow the approval and licensing standards imposed by the regulating bodies. Moreover, businesses that violate safety and compliance requirements face legal action from the government. What Documents Do You Need to Get a Crypto License? In the UAE, licensing for cryptocurrencies is strictly regulated. As a result, you need to present genuine documents. Some of them are as follows: A copy of your passport Passport-size photographs A copy of your entry visa You’ll need to provide a few more documents. Contact the professionals at the Shuraa UK branch for the complete list of documents. What Is the Cost of a Crypto License? Obtaining a crypto license should be simple if you meet all the requirements. Although the crypto license cost in Dubai will vary depending on the applicable
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setting up business in Dubai

Setting Up a Business in Dubai

Setting up a business in Dubai is the dream of several investors and businessmen worldwide. And why not? There is no better place in the UAE than Dubai for a business setup. The Middle East and North Africa (MENA) trading hub Dubai offers several benefits for businesses looking to flourish, expand, and connect with the rest of the globe. The first-quarter GDP growth rate was higher than the Central Bank of the UAE’s earlier estimate of 8.2 percent, much faster than the 2.1% pre-pandemic GDP level. This occurred during a robust economic recovery fueled by increased tourism, a thriving real estate market, and higher oil prices. This blog will walk you through the considerations to make when Setting Up a Business in UAE. Benefits of setting up business in UAE The following are some reasons that make setting up a business in Dubai popular: 1. World-Class Infrastructure Dubai has one of the world’s most advanced transportation, social, and economic infrastructures, with a major project to expand the infrastructure of Dubai Maritime City (DMC), including DP, a purpose-built maritime hub which is expected to cost Dh140 million.  Due to the excellent infrastructure in Dubai, which is ranked among the best in the world for infrastructure investment attractiveness by the Global Infrastructure Investment Index, it is easier than ever to start a business here.  2. Strategic Location As Dubai is geographically located in the centre of the world, it has strong trade ties with major cities such as Moscow, Hong Kong, London, and Hamburg. Dubai, one of the world’s leading trading centres, has experienced tremendous trade growth and hosts more than 100 international trade exhibitions annually.  Participating in these fairs allows Dubai-based businesses to network with global corporations and explore new opportunities without compromising daily operations. 3. Getting a Residence Visa Is Convenient Dubai’s visa policy is exceptionally accommodating to expats. You can get a residency visa for yourself, your family, and your employees by starting a business in one of Dubai’s free zones. With your visa, you gain access to additional benefits such as: Opening a bank account in your community Long-term housing leases Freedom of movement Quick application for visas to various nations and regions, including Schengen nations. 4. International Trade Opportunities Dubai has been at the forefront of non-oil exports, supporting the country’s goals. Dubai’s non-oil external trade volume increased by 10% to 48 million tonnes in the first half of 2024. Exports increased by 30.8% yearly to 10.1 million tonnes, while re-exports increased by 10.6% to 7 million tonnes. This maintained trade’s position as the backbone of Dubai’s economy. According to sources, Dubai granted 45,653 new business licenses in the first half of 2022, a 25% increase from the 36,647 given in the first half of 2021. 5. E-Governance The UAE Government provides a variety of e-governance services through its official website, www.government.ae. Customers, clients, and visitors have a plethora of services at their disposal, ranging from legal procedures, approvals, inquiries, and more. Thanks to eServices, UAE entrepreneurs can now easily access various services without leaving their homes or offices. Dubai is ranked first in the Arab world and fifth overall in the Local Government Online Services Index 2022 as per UN’s Digital Government Report. The process of establishing a company in the UAE Setting up a business in Dubai is simple if you follow the correct process. Here is a brief overview of each stage in the entire process: 1. Choose Your Business Activity The first step in launching your business and obtaining a license is determining the type of endeavour. Whether you want to launch a little business or a big firm in Dubai, there are over 2100 business activities, all of which fall into distinct categories within the industrial, commercial, professional, and tourism sectors. 2. Choose a Company Name Choosing a trading name for your company is the next step. Names containing foul language that could be interpreted as insulting to a religion or that refer to political organisations or the mafia are prohibited. You must prove that the person named after the business is an owner or partner (no initials or abbreviations allowed). Choosing a name for your company can take time and effort. To save time and effort, consult a professional to help you follow the rules and get your name approved. 3. Rent an Office Space Depending on your requirements, you can rent an office space or choose a shared workspace at a business centre. Submit an application to Ejari to obtain your lease. You cannot obtain your business license unless you have a tenancy agreement (an ejari). Remember to save your unique Ejari number in case you need it later. 4. Request for Initial Approval Before getting your license, you must first submit an application for preliminary clearance to ensure that the Dubai DED has no issues with you starting a business. This application can be obtained directly, online, or from a third party (e.g. through a law firm). 5. Obtain the Required Business License A business license is your official permission to conduct all business operations listed on the license. It opens up many lucrative business opportunities in the UAE, and your unwavering determination to succeed takes over. Entrepreneurs must provide the necessary documents and authorization to the relevant economic agents to apply for a license. You may apply for external approvals if the license does not cover any of the required permissions. All of your papers will be thoroughly reviewed. If there are no issues, the regulators will approve and issue your company license in just 4 to 5 working days. Additionally, ensure that your license is still valid by renewing it annually. 6. Obtaining a Bank Account and Managing Your Visas After completing all the preceding steps, you can apply for visas for both you and your family. Domestic help and family members can also obtain visas. You must contact the proper authorities, provide the necessary documentation, and get a visa permit. If you are setting up a business in Dubai, whether a
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Start a Real Estate Business in Dubai

How to Start a Real Estate Business in Dubai?

The real estate business in Dubai is an excellent choice. It is among the best investment options available globally due to its high and relatively stable value. In total, 52,415 investors purchased 72,207 new homes in the emirate. Furthermore, 2021 recorded 84,772 real estate transactions worth AED 300 billion. Impressive, isn’t it? The United Arab Emirates, whose commercial capital is Dubai, is one of the world’s wealthiest and most developed economies, with a highly dynamic and forward-thinking business culture characterised by continuous development and progress. Despite the Covid-19 pandemic, it successfully hosted the recently concluded Expo 2022 Dubai, demonstrating this to the rest of the world. All of this makes it enticing for entrepreneurs, especially for the real estate sector. So if you are looking to start a real estate business in the city of Dubai, continue reading. This blog will teach you all you require to establish a real estate business in Dubai. What Are the Benefits of the Real Estate Business in Dubai? For the reasons listed below, you can make money by starting a real estate business in Dubai: 1. Steadily Growing Economy One of Dubai’s most significant advantages of investing in real estate is that its economy has been expanding rapidly. The UAE is named one of the top 3 innovative economies in Northern Africa and Western Asia by the Global Innovation Index. You are not just investing in that particular property or piece of land when it comes to real estate, especially overseas real estate. You are also investing in the nation’s economy.  Dubai’s real estate market has recently demonstrated upward mobility, with approximately 43,000 sales transactions totalling more than Dh114. 5 billion, putting it on track for the best first-half performance ever. 2. Continuous Improvement and Development Dubai is regarded as the most innovative city in the world. One of the most significant benefits of purchasing real estate in Dubai is that there is always something to do. Visit a city where innovation is still practised and encouraged by the Dubai government; it will be the best choice you’ve ever made.  3. No Real Estate Tax Once you have bought a house and paid the registration cost to the Dubai Land Department, you are free of additional tax obligations because there is no property tax in Dubai. It offers diversification, tax breaks, and high yields. Consequently, the tax-free status attracts a large number of entrepreneurs and investors. 4. Visa for Real Estate Investors who own property in Dubai can now apply for a property visa. To apply, you simply need to ensure that you meet the visa requirements. You can apply for a Dubai resident visa after receiving the property visa. In this manner, you can apply for two types of visas in Dubai. 5. Geographical Area Dubai has the advantage of being at the geographic centre of the universe. It has taken leverage by providing easy access to key regional and global growth markets. It is the business hub of Western Asia on the Persian Gulf’s coast. Because this city connects worlds, investing here will never be a waste of money. Why Would You Want to Invest in Dubai Real Estate? Dubai’s real estate sector has one of the highest yields in the world, outperforming markets such as London and New York. According to the Dubai Land Department’s annual transaction report, the emirate saw a 65% increase in the number of real estate transactions and a 71% increase in value last year compared to 2020. (DLD). Moreover, transactions in the sector totalled AED 16.2 billion in September 2021, the highest monthly total in the previous eight years. These numbers offer an optimistic view of the future of real estate in Dubai. Combined with the benefits, they provide more than enough rationale to invest in the sector. Why Is Local UAE Ownership of a Real Estate Brokerage Company in Dubai Required? Property brokers in the UAE can fully own their businesses now that this economic activity has been removed from the “restricted list.”  To run a real estate business, the local broker will take on additional financial and managerial responsibilities. Brokers also oversee agent education and training to improve and maintain professionalism and service standards. This gives them more authority and influence than a real estate agent in Dubai when resolving disputes and problems in a real estate transaction. However, The UAE recently changed its investor visa rules for real estate assets, allowing owners of Dh750,000 properties to obtain three-year visas. For the previous two years, the threshold was Dh1 million. What Documents Do You Require to Start a Real Estate Business in Dubai?  Businesses in the UAE must adhere to the documentation standards established by government agencies. To begin a real estate business in the UAE, the following are some documents that must be submitted: A copy of your passport Passport-size photographs A copy of your entry visa Shuraa UK Branch’s setup specialists can provide you with a detailed document list based on your real estate business. How to Start a Real Estate Business in Dubai? The following procedure needs to be considered when you want a real estate business setup in Dubai, it includes: Choosing a Business Structure Choose a Business Model Get your qualifications by clearing the RERA examinations Calculating the associated costs Obtaining a local sponsor Establish a personal office Outsource specific services What Is the Cost of Establishing a Real Estate Business in Dubai? A real estate brokerage license is required to launch a real estate firm in Dubai. AED 53,950 is an LLC’s estimated real estate license cost in Dubai. You must also pass the Real Estate Regulatory Agency’s registration exam (RERA) to obtain the license. Depending on your degree of education, the exam fee included in the price of opening a real estate brokerage in Dubai varies. Furthermore, the overall cost of starting a real estate company in Dubai varies depending on your location and planned business operations. Set Up Your Real Estate Business with Shuraa
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why Dubai best for Business

Why Is Dubai Best for Business?

Dubai has come a long way to become today’s flourishing, attractive, and dynamic economy. So, if you want to expand your business or perhaps consider starting the best business in Dubai, you have landed on the right page! There are a plethora of reasons that make Dubai the best place to do business. Top-notch technology infrastructure, a supportive government, and visionary leadership are just a few of the factors that have been thoughtfully positioned in this region to promote business success. If you’re still not convinced, here are nine more reasons why one should choose the best business in Dubai. What Are the Top 9 Reasons To Start a Business in Dubai? Identified as a strong commercial capital in the Middle East, Dubai offers a plethora of opportunities for local as well as international investors. Here are some compelling reasons for you to start your own business in Dubai.  Strategic Location Dubai is the perfect location to choose the best business in Dubai, including international trading, import and export, logistics, tourism, hospitality, event management, and more. Located at the crossroads, it lies between Europe, Asia, and Africa.  Dubai is located in the centre of the 400-mile-long United Arab Emirates coast. It can facilitate the smooth movement of cargo from the East to the West. Additionally, Dubai has experienced tremendous commercial growth and hosts over 100 international trade events yearly. These fairs enable Dubai-based businesses to network with multinational corporations and explore options without compromising daily operations. Safety and Security Dubai is well-known as one of the safest cities in the world. It has strict guidelines that everyone must abide by. The city also has one of the lowest crime rates in the entire globe. Additionally, Dubai is one of the Middle East’s most politically stable nations. Some of the most important aspects that have attracted many foreign investments and enterprises to the UAE are security and political stability. Excellent Transport and Logistics Dubai is a significant global hub for shipping and transportation. Due to its top-notch infrastructure, the city consistently offers all forms of transportation to its citizens. Regarding transport, Dubai is considered the top destination, offering comfort, affordability, and convenience for citizens and ex-pats alike.  Below are the transportation modes that enable import-export, re-export, and tourism businesses to flourish.  Air: Dubai is home to the largest airport—Dubai International Airport. The city also offers many other facilities for air transportation and air cargo. Sea: Jebel Ali Port, one of the world’s largest seaports—is located in Dubai. It is also one of the biggest container ship ports in the world.  Land: Dubai has one of the best roads compared to other places worldwide. The wide roads, disciplined traffic, cutting-edge monitoring systems, and an automated train system make land transport ideal. Easy Business Establishment Every entrepreneur wishes to launch their business without any hassles. Dubai enables you to start up your business quickly. The city’s administration’s liberal policies appeal to entrepreneurs, and company formation in Dubai requires minimal paperwork.  You can always get in touch with a knowledgeable and professional business setup consultant in Dubai that can help and direct you through the entire procedure. Or you can also contact the Shuraa Business Setup UK division if you reside in the UK to obtain the required assistance. Infrastructure You don’t need to worry about finding an office, a retail store, a manufacturing facility, or a warehouse if you are opening a business in Dubai because everything is ready for you to move in. Dubai is one of the Emirates with the most cutting-edge amenities. Furthermore, it is progressing toward a technologically advanced future and becoming the global digital hub. The city has undertaken numerous tech initiatives to lower traffic, offer top-notch internet services, revolutionise healthcare services, eCommerce, etc. This encourages and expands the country’s options for doing business online. High Quality of Life The emirate’s high standard of living and excellent living conditions are reasons to choose Dubai for business. The UAE ranks as the fourth best place in the world for expats to live and work. It also ranks at the top for its response to COVID-19. Besides, Dubai ranks highest among Arab countries in the World Happiness Report 2021. You may increase your productivity and inspiration while enjoying excellent living standards and high quality of life. Negligible Taxes Dubai’s economy is considered the most liberal and diversified in the surrounding region. Given Dubai’s business-friendly tax rules, it should be no surprise that this is why so many expats choose to open businesses there.  Recruit Expatriate Employees Dubai is famous for being one of the most popular business hubs in the world. The desire to conduct business in Dubai and make significant profits attracts investors worldwide. Additionally, it has effectively moved outside the oil industry to other sectors, including tourism, hospitality, logistics, etc. These industries provide many employment prospects, enabling private businesses to hire foreign workers. Residency Visa You can apply for a UAE Residency Visa for yourself, your family, and your foreign employees if you set up your own company in Dubai or another UAE emirate. As a resident of the UAE, you can open a current account with a UAE bank, lease an apartment for an extended period, enter and exit the country several times, and obtain visas for other nations more quickly. What Is the Process of Setting Up a Business in Dubai? The process of starting a business in Dubai is pretty simple. However, there are few things to watch out for. If you’re keen on starting a business in Dubai, here are some key steps to follow. Select the type of business activity.  Determine the type of legal entity. Choose your company name. Complete the appropriate paperwork. Apply for your business license. Choose an office space. Open your corporate bank account. Get pre-approvals, register your business and obtain your license. Apply your visa. Once you’ve completed these steps, you’re ready to do business in Dubai. Start Your Business in Dubai With Shuraa These are just
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Business Opportunities in Dubai

Top 25 Business Opportunities in Dubai for 2024

British entrepreneurs and businesspeople are driven to succeed and establish their brands on a global scale. Furthermore, UAE’s social and governmental systems are robust, promoting countless business opportunities in Dubai. However, you must identify your specialised market and invest wisely in Dubai’s expanding industrial areas. In this blog, we’ll discuss 25 of these prospects and explain why they could be the best business opportunities for British business owners in Dubai. List of 25 Business Opportunities in Dubai in 2024 So, if you want to start a new business in Dubai and anywhere in the UAE, here are 25 Business Opportunities in Dubai for your consideration: 1. Textile Industry Dubai’s advantageous location facilitates trade between Asian and non-Asian nations. As a result, this presents a lucrative opportunity for UK investors to establish a textile trading company in Dubai. A textile firm’s primary business activities include direct trading of garments, yarn trade, tents, curtains, and so on. Read More about How to Start a Garment Trading Business in Dubai. 2. Marketing Management The UAE is home to several significant marketing management companies. You can offer various services, including branding, paid advertising, and lead generation from organic sources. It’s your responsibility to prove to your clients that you are an expert in this field by offering them excellent marketing management solutions. 3. The Construction Industry The UAE has made enormous investments in its infrastructure, including its industrial facilities, skyscrapers, and commercial buildings. In addition, the infrastructure for industry, transportation, and energy may spur significant growth in the building industry.  Read More about How to start a Real Estate Business in Dubai 4. Tourism and Travel Starting a tour and travel business may be an option for you. Obtain the company’s license and permits. Have a high-quality website for your company and you can manage all aspects of your client’s excursions as a tour operator, including hotel and ticket reservations, local tours, sightseeing, and so on.  Read More about How to Get a Tourism License In Dubai? 5. Beauty Salon You can think about starting a beauty salon in Dubai if you are a licensed beautician, have an interest in the industry, or are talented in skincare, makeup, or hairstyling. Furthermore, whether you want to start a brand-new company or expand an existing one, the UAE is a great spot to do so. 6. The Garment Industry One of the most prosperous industries to establish a business in Dubai is the garment trading sector. Depending on your demands, you can develop your textile trade business offshore, on the mainland, or in any of the free zones. You are permitted to manufacture, export, and distribute clothing both domestically and abroad by the UAE government.  Read More about How to Start a Garment Trading Business in Dubai? 7. Restaurants and Hotels In Dubai, there is a wide variety of tastes and cuisines. The restaurant industry may flourish, given the high-end lifestyle. The business of hotel chains has also grown due to heightened investor interest. Therefore, a restaurant serving top-notch food will succeed in the emirate.  Read More about How to open a restaurant in Dubai? 8. ePharma Business Spending on private healthcare in the UAE may rise at a CAGR of 8.5 percent. The per capita cost of medication is high, and e-commerce is growing. Thus the e-Pharma business has tremendous growth potential as well.  9. Consulting Services Starting a business that provides consulting services with the required certifications and significant knowledge in a particular sector is fairly easy here. A wide selection of consulting services are available for your business to offer, including those in IT, management, marketing, operations, HR, strategy, compliance, and many more. 10. Cleaning Services In Dubai, starting a cleaning business is not too difficult. It might be a cleaning service for homes, businesses, or factories. Assess the necessary labour, capital, and infrastructure. Consider that a cleaning company, especially an industrial cleaning firm, may require big machinery, a large workforce, and a robust infrastructure.  11. Speciality Clinics Whatever the circumstances, the beauty industry is not adversely affected for long. The desire to appear beautiful fuels the business of making people appear nice, even through cosmetic procedures, whether behind the facemask or simply glamourising that mask. 12. Real Estate Firm The demand for housing may increase in the following years as more and more individuals shift to Dubai for personal and professional reasons. Consequently, you can launch a business in Dubai that provides real estate services for commercial, residential, and industrial properties. 13. Logistics The demand for simultaneous delivery arrangements increased as the internet retail industry grew. Furthermore, the ease with which imports and exports are made possible by local regulations can boost the business. As a result, the logistics company established in Dubai is a good business concept.  14. Digital Printing Digital printing machines can print on thick cardstock, heavyweight sheets, folding cartons, cloth, plastic, and synthetic substrates. T-shirt printing is a fairly common application for digital printing. Consequently, the trend of customisation can contribute to your digital printing business. 15. Cloud Kitchens Despite the fact that the pandemic may have influenced how we choose to travel to specific F&B locations and how we eat, food is a basic necessity. As a result of conscientious customers and work-from-home becoming the “new normal,” food aggregators have become more common in the city. 16. Jewellery Jewellery designers from all over the world are establishing businesses in Dubai. The city provides a suitable environment for the trade in precious metals, diamonds, and gold. It’s the best business to start in Dubai if you have the necessary market knowledge. 17. E-commerce During the pandemic, consumers quickly adapted to the online mode of browsing and purchasing. Entrepreneurs with online business ideas can register their companies in Dubai, the region’s top business hub, where e-commerce giants handle thousands of vendors, complex logistical systems, and sporadic digital issues. Read More about How to Start an E-commerce Business in Dubai? 18. Bookkeeping and Accounting Many national and international businesses
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start sports management company in Dubai

How to Start a Sports Management Company in Dubai?

Dubai is globally renowned as a place to “work hard, play hard.” The Emirate’s enthusiasm for sports is undeniable proof of it. Thus, if you are planning to start a sports management company in Dubai, you are on the right track! Numerous sporting events, such as football, tennis, and cricket, are held in Dubai. Furthermore, Falconry is one of the UAE’s oldest traditions, dating back to ancient times. It is unknown when Falconry first appeared, but some historical accounts placed it around 2000 years ago. As per reports, Dubai’s economic footprint for sports surpasses US$1.7 billion annually. Furthermore, expanding the quantity of national and international athletic events held in Dubai has led to industry development exceeding AED 4 billion annually. So, if you want to start a sports management company in Dubai, continue reading to learn about the benefits, process, documents, and costs. What Are the Benefits of Starting a Sports Management Company in Dubai? There are several advantages to establishing a sports business in the UAE. The following are some of them: Your work can be flexible – You get to pick the clients, athletes, events, and the proportion of in-person and online work you do. You can work in a multitude of fields – There is enough variety to make your working life exciting in Dubai because there are so many well-liked sports and special events. Easy to secure visas – You may submit as many employee visa applications as necessary using your professional or service license. Low-cost business setup – On the Dubai mainland, you can establish a sole entity with 100% corporate ownership. Potential and growth development – Given Dubai’s thriving sports scene, there is a rising need for management services from those with the necessary qualifications. You can start tiny or huge – You can expand to a size that suits you, no matter how small you start. 100% profit repatriation – All profits and capital gains may be remitted in Dubai. Additionally, there are no corporation or income taxes, and the VAT rate is only 5%. What Documents Do You Require to Start a Sports Management Company in Dubai?  Government agencies have defined documentation requirements that all enterprises must follow in the UAE. To start a sports management company in Dubai, the following documents are required: A copy of your passport Passport-size photographs A copy of your entry visa In addition, how you set up your business, where it is located, and many other factors will determine whether you need more documents. Based on the needs of your sports company, the setup professionals at the Shuraa UK Branch will provide you with a complete document list. What is the Procedure to Start a Sports Management Company in Dubai? The UAE government has simplified the procedure for forming a company. All UK business owners must follow the process to ensure their firms’ smooth start-up and operations. The following are the steps to start a sports management company in Dubai: 1. Choose Your Company Name The first step is picking a name for your business. At this point, a couple of essential considerations are unique to your situation. You must adhere to rigid naming rules, so be mindful of that. For instance, avoid using any derogatory or profane language. When you decide to name your company after yourself, stay away from acronyms and popular organisation names. But that’s not all. The list is long, and you may not understand every rule. Hence, it is best to take expert advice to ensure that your name is valid and available for registration. 2. Choose a Company Structure Choosing the right legal structure is central to your sports management company’s success. It determines the amount of power you hold, the share of other stakeholders (if any), the responsibility each stakeholder has, as well as the part in profits and losses. In Dubai, you can set up your company under any of the following structures: a limited liability company (LLC), a branch office, or a sole proprietorship. 3. Choose a Location You can establish your business on the mainland or in one of Dubai’s free zones. Although both are profitable, they offer distinct advantages. However, consider your business activity, accessibility, available facilities, reputation, and budget before selecting a location. You may also need a physical space to carry out your daily operations. For this, you can either rent or lease office space in Dubai. This requires you to enter into a tenancy contract.  4. Apply For a Sports License Once each stage mentioned above is completed, you can apply for a sports management license in Dubai. Every business must have a valid license. Moreover, the application has to be submitted to the Department of Dubai Economic Development if you choose the Mainland region. Whereas, in the case of a free zone region, you must apply to the concerned free zone authority. 5. Obtain a Sports License You can obtain your sports license in Dubai after completing each stage. It sets up your sports management company as a legal entity. Moreover, you can sponsor visas for your employees. You can also open a corporate bank account to handle all financial operations for your sports management services company. 6. Visa Processing If you are an ex-pat, you will need a visa to live and work in the UAE. However, applying for visas can be tedious. So, prepare your documents in advance to avoid any last-minute snarl-ups! Additionally, you can also apply for visas for your partner or other family members to reside with you in the UAE. How Much Does It Cost to Start a Sports Management Company in Dubai? Your chosen business venture, the size of your organisation, and the location of your establishment will affect the cost to start a sports management company in Dubai. You may anticipate the setup’s licensing costs to be between 10,000 and 25,000 AED. Remember that if you need credentials or accreditations specific to the area of sports management you work in, there will
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start project management company in Dubai

How to Start a Project Management Company in Dubai?

The UAE is renowned for its projects. Be it the ambitious infrastructural plans to bring 20 million tourists to the shores or several building projects, such as the Burj Khalifa and Palm Islands. Such endeavours empower you to start a project management company in Dubai. Besides these business opportunities, the country has a welcoming climate for investors. Moreover, the tax system supports project companies in making significant profits. So, if you want to start a project management company in Dubai, continue reading to learn about its benefits, process, documents, and costs. What Are the Benefits of Starting a Project Management Company in Dubai? If you’re proficient in managing projects for businesses, you can explore the rich opportunity of project management in the UAE. Some of the benefits of starting a project management company in Dubai are as follows: You are not required to pay personal or corporate taxes in the UAE. Furthermore, you are entitled to a 100% repatriation of your profits and capital gains. In addition, the UAE’s VAT rate is only 5%. Moreover, you can also take full ownership of your company in the UAE. Launching a project management business in the UAE is desirable because of its diverse economy. You can start your project management company in various industries and provide your clients with services. As a result, you won’t run out of clients, given that you provide excellent services with great value. You can start small with your company and later scale it into a size that works for you at your pace. In Dubai, you can establish your project management business as a freelancer working alone or as a full-fledged company with staff. Dubai has a cooperative government and a digitised business setup process. In contrast to other time-consuming registration processes, you can acquire a project management company license after providing the required documentation in less time. The Dubai government never fails to offer foreign investors top-notch amenities, incentives, and security. To ensure high-quality advancements and increase business prospects, it continuously modifies the laws governing how to conduct business in the city.  What Documents Do You Require to Start a Project Management in Dubai?  Like all business setups, you will need to submit a couple of valid, authentic documents to the authorities for starting a project management company here. The following are some documents you need to start a project management company in Dubai: A copy of your passport Passport-size photographs A copy of your entry visa Moreover, depending on the chosen activity, company structure, and location of your project management company, you may need extra documentation. The company’s setup professionals at Shuraa UK Branch can give you a comprehensive document list based on your project management company’s needs. How to Start a Project Management Company in Dubai? The UAE government has made company formation an easy-to-follow process. For a seamless start-up and operations of their companies, all entrepreneurs must abide by the procedure. The steps to start a project management company in Dubai are as follows: 1. Reserve a Trading Name  The first step is to select a legitimate trading name for your project management company in Dubai. Make sure to adhere to all naming convention guidelines while finalising your selection of prospective company names. Avoid choosing a company name that uses abusive language or makes any religious or spiritual allusion. Moreover, if you intend to use someone’s name as your official name, you can use the full name instead of a nickname. But that’s not all. The list of naming rules is extensive. Our experts can help you name your project management company as per the UAE naming guidelines and name availability. 2. Choose a Company Structure If your project management business has a proper company structure, it will run more smoothly. So, decide on a company structure that is appropriate for your business in Dubai, you can have a limited liability company (LLC), a branch office, or a sole proprietorship. 3. Choose a Location for Your Company Business location is an essential part of the company establishment process. While establishing your project management company, you can choose your business location as either the mainland or a free zone. It would be best if you consider the location after analysing the advantages and restrictions of all the available options. For example, the mainland permits trade between Dubai and the rest of the UAE. On the other hand, free zones have separate authorities with specialised business rules that give you more freedom to conduct your business. Hence, choose your location wisely. 4. Apply for a License Every business must possess a valid license in Dubai. So, once you have completed all the abovementioned stages, you can apply for a project management license. Submit the documents to appropriate regulatory authorities and pay the fees. The procedure doesn’t take too long when you take proper action.  Additionally, you can apply for external approval to get authorisation to conduct other commercial operations not permitted under your trading license. Also, you must renew your license annually to keep it valid and avoid legal issues in the UAE. Our advisors can help you apply for the relevant license. Moreover, they can help you get the pertinent approvals and streamline the process for you. 5. Get Your Trade License Once you obtain your license, your project management company becomes a legal entity. Further, you can sponsor visas for your family and employees. Moreover, you can open a corporate bank account to handle all financial operations for your project management services business.  How Much Does It Cost to Start a Project Management Company in Dubai? A project management company set up in Dubai will cost you a combination of several fees and payments. A lot depends on the location of your company, the kind of license you need, additional permissions, the number of visas required, and more. However, as a rough estimate, the cost to start such a business in Dubai ranges from AED 15,000 – AED 20,000.  To receive exact pricing,
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Garment Trading Business in Dubai

How to Start a Garment Trading Business in Dubai?

Dubai, as a city, is high on fashion. It has everything, right from globally renowned brands to Arabic couture. The city has become the Middle East’s fashion oasis thanks to the retail development of the preceding decades. And UK investors, being no strangers to the ready-to-wear industry, can choose to carry the garment trading business in Dubai. For the fashion and retail sector in the UAE, Statista Market Forecast predicted revenue of US $ 2,337 million in 2021, increasing annually by 11.88% by 2025 to reach a projected market volume of $3,662 million. Given the positive growth, a garment trading business will undoubtedly flourish in Dubai’s favourable business environment. So if you want to start a garment trading business in Dubai, keep reading. This blog will explain all you need to set up a garment business in the UAE, including the benefits, documents, procedures, and costs. What Are the Benefits of Starting a Garment Business in Dubai? A businessperson may establish a company in the UAE for various reasons. The following are some of the benefits you can reap from a garment business in Dubai: Massive market to grab and a fantastic chance to enter local markets. International exposure to strengthen your brand’s visibility. Simple setup on the Mainland, free zone, and offshore There is no personal tax to be paid. Connectivity and a strong network that makes transit easier Excellent seaports 100% foreign possession What Documents Do You Require to Start a Garment Business in Dubai?  All businesses in the UAE are required to adhere to the documentation requirements outlined by the governing agencies. The following documentation is necessary to launch a garment trading business in Dubai: A copy of your passport Passport-size photographs A copy of your entry visa Additionally, your need for additional documentation is based on the chosen business activity, business structure, location, trade license of your clothing business in Dubai, and many more. Our setup specialists can provide you with a detailed document list based on the requirements of your garment business. What is the Procedure to Start a Garment Business in Dubai? To start a readymade Garment trading business in Dubai, follow these steps: 1. Recognise Dubai’s Framework for the Garment Industry The apparel sector in the United Arab Emirates is growing. It makes up the bulk of the nation’s retail market. Consequently, you should know the regional apparel market to launch a readymade garments business in Dubai. Also, research and become familiar with regional trends. One of the best ways to avoid turning into just another unsuccessful clothes company is to acquire valuable tactics to assist your business in growing. 2. Identify Your Target Audience and Material Sourcing Creating a fashion business without considering your target market will only harm you. Identify whom you want to serve and what you want to give them. Study the market, and see what’s trending. Search for a gap in the market and target. Furthermore, if possible, bring something new to the market to set a benchmark and carve your own niche. Additionally, you will have to decide what kind of material you want and where you want to source it from.  3. Choose a Name for Your Garment Business You can choose and register a name for your clothing store with any of the UAE Registry Offices. The business’s name must comply with the UAE’s naming regulations. These regulations are extensive, and it will be best to have an expert opinion on your preferred names. Also, the name must be available to register. So ensure that your name is unique and speaks for you on your behalf. 4. Choose Company Structure Dubai allows you to establish a company that follows one of the following legal structures – a limited liability company (LLC), a branch office, or a sole proprietorship. The structures can determine the right taxes for your company, the amount of control you have as a stakeholder, and more. Hence, choose it wisely. 5. Choose a Business Location Dubai provides you with two options for where to start up your clothes business, the Mainland region and the Free zone region. Free Zones provide specific benefits, including the ability to repatriate 100% of your capital and profits. However, establishing a Free trade zone limits your ability to operate outside that region. This is where mainland setup excels, as going with this option enables you to open branches across the country. Thus, consider your needs and expansion plans before choosing a location. 6. Apply for a License After deciding your business’s legal structure, place of operation, and trading name, you may apply for the license. Garment trading requires a trading license. You must contact the respective free zone authority if you choose to set up your business in a free zone. However, you must contact the DED if you choose to set up on the Mainland. Carefully list the activities you will be performing since you are not allowed to carry out any operation that falls beyond the scope of your license. 7. Obtain a Trade License After completing each stage, you may get your trade license. Your textile business in Dubai now has legal status. You can sponsor the visas of your employees and domestic staff. To manage all financial activities for your garment company, you will also have to open a corporate bank account. 8. Have an Omnipresence Having an online presence allows you to connect with more people than you would if you only operated a physical firm. Choose the platform that offers the finest tools for maintaining and expanding your online business. For your brick-and-mortar store, you can select a selection of shopping centres, malls, kiosks, and stand-alone retail stores. How Much Does It Cost to Start a Garment Business in Dubai? In Dubai, the license fee for readymade garments is approximately AED 15,000, excluding trade name registration fees and company registration fees. Make sure your readymade clothing license covers your business’s activities. Additionally, you can speak with the business specialists at
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