To start a business in Dubai you need to obtain a business license . There are three types of business licenses mainly. Mainland, Free Zone and Offshore. The procedure for each type of license differs.
Primarily business set up in Dubai involves the following-
- Initial approval from the competent authority, for initiation of the business.
- Legal and official approval from the authority after thorough verification of the documents. This includes the investor’s identity, qualifications, resident status, financial stability and so on.
- The authorities will also ascertain the feasibility of the business by examining the official and commercial space, AOA and MOA, the basic structure of the organisation etc.