Business Setup In UAE

1. Business Setup In UAE Business set up in UAE can be an overwhelming and a daunting task. You would be able to find many people, who back out at the very sight of the rules and the regulations along with the list of things they have to accomplish. However, if you are considering setting up a new business in the United Arab Emirates, then you need to think about the following points. Know the ownership requirements According to the rules in the United Arab Emirates, there has to be 51 percent participation of the locals in any business, excepting in Free Zones such as the Airport Free Zones and the Jebel Ali Free Zone under certain circumstances. In case you are thinking of forming a partnership, then you should include only a national of the United Arab Emirates. Secure your business license If you want to do business in Dubai or establish a business set up in UAE, you would need a license for the same. There are commercial licenses for every kind of trade in the United Arab Emirates. There are also professional licenses which cover artisans, craftsmen, services, professions, etc. You must, however, remember that there are

2. licenses for certain categories, which could be obtained only upon the approval of certain authorities. Hire a consultant You should hire a local consultant when you are about to establish a business in the UAE. This should be done since you may not be familiar with the rules, laws, and regulations of the country. They can help you establish your business in the United Arab Emirates successfully and without any hindrances. Abu Dhabi is the largest Emirate and the capital of the UAE, located on the south- eastern side of the Arabian Peninsula, besides the Persian Gulf. The city constitutes more than three-quarters of the area of the country of UAE, and is the second most crowded Emirate in the federation, Business Setup in UAE. Thank You - Article