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HOW TO START BUSINESS IN DUBAI

Elena Ovchinnikova, Director Emirabiz – Local Consultancy company talks about top 5 reasons to setup UAE company

1. INTERNATIONAL BUSINESS

Company setup in Dubai helps to carry out your business tax-free, own 100% of your UAE company and have a bank account in a stable country with fixed USD/AED rate. Offshore company formation in Dubai is the easiest way to base you international business in the UAE.

Business in UAE is a great connecting point between Europe, Africa and Asia. Business registered in the UAE is recognized all over the world.

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LOCAL UAE BUSINESS

Local companies also known as mainland companies or LLC are opened in partnership or using agent services of local UAE citizens.

This type of business setup in Dubai will suit those businesses who trade or provide services within local UAE market. They include retailers, manufacturers or community service providers. It can be shops, salons, training centers, schools, hospitals, rent-a-car or tourist companies, etc.

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GETTING UAE RESIDENCY

Starting a business in UAE is the first step of getting UAE residency. UAE resident visa will help you to move to this tax-free country and to obtain tax residency. It is also useful for opening and maintaining a UAE bank account.

Apart from that, UAE is a great country for comfortable family living, which has high standard international schools, shops, entertainment and good weather most part of the year.

Business setup in UAE free zones is the cheapest and easiest way to residency.

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E-COMMERCE

Starting a business in Dubai for E-commerce companies is becoming very popular. The local market is open for the online shops and service providing companies. They can be registered as mainland or free zone entities.

E-commerce business can do global operations if it's registered in the UAE. All you need is a streamlined delivery and a payment gateway to accept payments online. UAE offers stable banking and reliable payment collection solutions.

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FREELANCE PERMIT

Freelance permits can be done for professional individuals, who want to provide their services to the public. Business setup in Dubai free zone allows getting such permits. 

In order to get a UAE freelance permit, you need to prove that you are a qualified professional in a certain area and provide your portfolio and have appropriate education.

Once the setup is done, you can get UAE residency as a freelancer and sponsor your family.

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HOW TO START A REAL ESTATE BUSINESS IN DUBAI

If you want to start a real estate business in Dubai, you need to determine your exact activities. Will you buy your own property and rent it out? Do you want to open a brokerage company? Or maybe you plan to become a Dubai based property consultant? 

The answer will lead you to the correct company setup solution. If you want to rent out your own property, a RAK offshore company can be enough. In case you wish to be a consultant, you can go for a free zone. 

But if you plan to have a brokerage company, it has to be a mainland setup. In such an option, local UAE citizen has to hold 100% shares of the company. You can act as a Manager there. Both of you will need to have certifications from the Land Department.

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HOW TO START ONLINE BUSINESS IN DUBAI

Now it’s the best time to start an online business in Dubai. All types of online services are booming. 

First of all, you need to be clear with what you want to do: sell goods through an online store, offer online services or become a merchant of a big marketplace. Each of these activities will require a different type of setup. 

Generally, E-commerce business can be done through a free zone or a mainland setup. If your services are only limited to the digital world, free zone will suit you. In case you end up working with the public, mainland company could be a better option. 

Apart from license, make sure you plan acquiring - you may need a payment gateway provider. Lastly, if you sell some goods online, don’t forget to offer a fast and reliable delivery service.

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HOW TO START GROCERY BUSINESS IN DUBAI

UAE has a very high demand for imported groceries. Would you like to start a grocery business in Dubai? 

If you want to open a grocery shop, you will need to open a mainland company. An activity of general trading or foodstuff trading will be the best. Find a good location near residential or business areas and get started. 

Maybe you want to launch a grocery website? Mainland incorporation can be a solution for you.

In case you don’t plan to be a retailer, but wish to supply goods from abroad to local distributors, shops and markets, you can opt either for a free zone or a mainland. 

It is advisable to find a few buyers in advance and check their requirements for your legal type of company. Note that some types of goods need approvals from the Municipality.

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HOW TO START A DAYCARE BUSINESS IN DUBAI

The UAE's population is growing and it’s a great time to start a daycare business in Dubai. It can be a play area, a kids club, a nursery or even babysitting on demand. 

All types of businesses related to childcare are governed by the Ministry of Social Affairs or KHDA. There is a set of strict requirements to be met. Be ready that such business registration is not a quick process. 

Depending on the exact type of activity, you will also need approvals from the Directorate of Civil Defence and Public Health Department. The license itself is issued by the mainland licensing authority - Department of Economic Development, after all the initial approvals have been received. 

Setting up a childcare business is one of the most challenging types of business registration. However, it is one of the most rewarding and demanded types of activities with a constant growing trend.

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HOW TO START A RESTAURANT BUSINESS IN DUBAI

Start a restaurant business in Dubai and get good profits all year round. Restaurants are always demanded - by tourists, by residents, by businesses. 

Restaurants are registered by the mainland Department of Economic Development. Alternatively, a restaurant or a cafe can be opened in a free zone which has its own area such as DMCC, Internet City, DIFC and others. 

All setups related to food are controlled by the Food Control Department of Dubai Municipality. It has a set of requirements called the Food Code. Any restaurant, kitchen or cafeteria needs to follow it. 

Apart from that, you have to prepare an interior layout plan with detailed drawing of each area - dining, cooking, storage, washing, entrance, etc.

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HOW TO START CAR WASH BUSINESS IN DUBAI

If you start a car wash business in Dubai you will enter a very popular and profitable niche in the UAE. Such business is licensed by mainland DED and approved by Municipality. 

You can open automatic, manual or mobile car wash. Location is important - if you rent a place near high traffic areas, it will definitely boost your business. Mobile car wash business is the most demanded option by the residents. 

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