What is the process for obtaining a business license in Dubai?
The exact process may vary depending on the business activity and jurisdiction. The general steps include:
- Determine business activity: Identify the nature of your business.
- Choose legal structure: Decide on the company’s legal form (e.g., LLC, sole proprietorship).
- Reserve trade name: Select and register a unique business name.
- Apply for initial approval: Obtain preliminary consent from relevant authorities.
- Lease business premises: Secure a physical address for your business.
- Prepare legal documents: Draft and notarize necessary documents like the Memorandum of Association.
- Submit final application: Provide all documents and pay fees to receive the license.
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