How to Start a Business in the UAE

To start a #business in the U.A.E., there are a few rules and guidelines.

First and foremost, you need to have a business license. This license needs to be for a specific business activity, which you wish to conduct.

Depending on the activity, you need to choose the relevant #economic zone. It could be either on the mainland or in a #freezone - In the #emirates of your choice.

The exact location of your business would also depend on whether and what type of #employees you wish to hire.

Once you choose the right #business zone, you need to submit an application to that authority, with the relevant information about yourself and your business. And pay the #licensing fee.

You also need to choose an office and sign a #leaseagreement - It could be either for a physical office or a flexi-desk.

You will also need create your corporate #logo and stamp. These are some of the required steps for the issuance of a basic #businesslicense

Additionally, depending on your business, you may also be required to:

• Open a #corporate #bankaccount
• Obtain various #insurancepolicies
• Appoint an #auditor
• And, register your business with the #tax authority.
• Importantly, your business license will need to be renewed every year, along with the submission of certain documents and #payment

Cheers to your new Start Up!

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