Business Setup in UAE

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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
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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 -
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