Over the past few years, thousands of entrepreneurs have done a business setup in Dubai. Wondering why? Everyone has seen Dubai grow tremendously economically, technologically, and professionally. Hence, today, Dubai is one of the world's best and most advanced business hubs.

According to the statistics, Bur Dubai accounted for 48,562 new licenses issued in the emirate, followed by 23,513 businesses in Deira and 77 enterprises in Hatta last year. Most new businesses were categorized as 'professional,' while the remaining 41% were recorded as 'commercial' entities.

Moreover, sole establishment companies accounted for 37% of new licenses, 26% were LLCs, and 13% were civil companies. Not only that, but the DET also reported that 15,196 'instant licenses' were issued in 2021. Besides, there are 3,000 start-ups in Dubai, out of which Indians found 200.

These numbers clearly indicate that business setup in Dubai has become one of the preferable decisions.

If you, too, want to set up a business in Dubai, this blog is for you. It will walk you through everything you need to learn to set up a business in Dubai. So, without further ado, let's dive in.

What Are the Benefits of Starting a Business in Dubai from India?

Here is a list of the most prominent benefits of Setup a business in UAE.

  • The zero taxation policy is the most attractive and sought-after benefit of setting up a business in Dubai. All the companies in the tax-free zone are exempted from paying any corporate, income, or personal taxes.
  • Another perk of setting up a business in Dubai is getting full government support at every step. Moreover, government policies are highly flexible, making setting up a business in Dubai easier than ever.
  • Unlike other countries, you get a lot of location options for setting up a business in Dubai. You can choose from a mainland region, a free zone, or an offshore setup as per your business activities.
  • If you decide to set up a business in a mainland region, you get to do business in local and international markets. This also helps you to make professional connections and expand your business. Moreover, you won't need a physical office in Dubai; you can manage the operations from anywhere.
  • No fixed capital is required to start a business in Dubai. It depends on the type and nature of your business. Moreover, you can repatriate all your capital and profits earned.
  • You can apply for as many employee visas as required. But that depends on the size of your company and the number of employees in your company.

What Documents Do You Need to Business Setup in Dubai?

Although the process of starting a business in Dubai from India is simple, the paperwork can be tedious if you're doing this for the first time. But to help you get started, here is a list of the primary documents you must have to start your business registration process.

  • Copy of your passport.
  • Copy of your visa or an entry permit.
  • 2 colored, passport-size photographs.

In addition, there may be a requirement for a few more specific permissions and documents depending on the business activities you choose. So, you can get in touch with the business setup experts at the Bizinvestfirm to get a detailed list.

What is the process of setting up a business in Dubai?

The process of business setup in Dubai is pretty straightforward. All you need to do is follow the necessary steps, and you will be able to wrap up the whole process within a matter of 4 to 5 days. So, here is an overview of the entire process:

  • The first step is to decide on the legal structure of your business. Whether you want it to be a sole-proprietorship, public or private partnership, LLC, or a branch.
  • Next, you select your business activities and accordingly decide on an appropriate legal name for your company. But ensure that it complies with all the naming guidelines set by the DED. You can contact the legal experts at the Bizinvestfirm to learn about the same.
  • Once you've decided on the name, register it with DED, gather the remaining essential documents and apply for initial approval.
  • After getting the initial approval, choose the location where you wish to set up your business. Next, you rent a suitable office space to start your business operations. Also, ensure to register your office space with Ejari to generate your unique Ejari number and the tenancy contract.
  • Now, you must gather all the required documents, attach them to your business license application and submit it to the concerned legal body. However, before you submit the final papers, ensure to double-check all of them, as it is better to be sure and avoid any mishaps.
  • After inspection, the government will issue your business license if everything seems to be in place. Once you receive it, you must pay the required license fee within 24 hours, and you can start.

In addition, there may be a few more essential steps that you would have to complete to set up your business in Dubai. The business set-up consultants at the Bizinvestfirm can walk you through those based on your business type.

What Is the Cost of Setting up a Business in Dubai?

Since you need to consider so many important factors to determine the cost involved in setting up a business in Dubai, it is challenging to give an exact number. However, to provide you with a fair idea, it can cost anywhere between AED 10,000 and AED 30,000.

There could be additional costs that you may have to cover depending on the nature of your business. Therefore, it is best to connect with experienced business set-up consultants to get an exact estimate of the cost of setting up a business in Dubai.

Set Up Your Business in Dubai With Bizinvestfirm

Now that you have read this blog, we're optimistic that you have a fair idea of what you need to do for a business setup in Dubai. However, it is best to connect with business set-up experts to learn about the additional documents and steps involved.

The business consultants at the Bizinvestfirm are highly experienced in helping entrepreneurs from India to set up a business in Dubai. They're well-versed in the process and can guide you at every step.

Moreover, they will get the necessary permissions on your behalf and acquire your business license at highly affordable rates. All you need to do is call them, and they will take care of the rest.