The commercial capital of the United Arab Emirates (UAE), Dubai is an amazing tourist destination and an appealing business hub. Over the years, this magnificent city has transformed from a small desert town into an enormous business city. From entertainment to banking and leisure activities, business is immensely booming in Dubai and if you’re thinking to start a company in Dubai it’s the right time now.
Here are a few important steps you have to consider for a business setup in Dubai:
Understand your business activities.
The first and foremost thing you have to do is to know the business activity that you want to involve in. The type of business will determine the type of license you will need. You can either receive a commercial, industrial or professional license.
The type of business will help you understand the free zones you can set up in. This is due to the fact that some free zones have restrictions and only specific types of business activities are allowed there. You should do thorough research and find out everything you have to know before finalizing any business activity. Read more