Doing Business in UAE – The Prospects and Many More

Tuesday, 15 December 2015

The United Arab Emirates has established itself as one of the prominent regional business hubs over the last decade, owing to its seamlessly business friendly set-up and growing economy. This transformation of Dubai has attracted the attention of entrepreneurs from all over the world. Now people look for a chance for Doing Business in UAE. Most probably, you also share the same interest and that is the reason why you are on this page. Isn’t it? Well, whatever may your requirements or motives be, here are some important information regarding setting up business in UAE.


Types of establishments allowed by law

According to the law of UAE, foreign entities (who are eager to start their businesses in Dubai) are allowed to start five different types of formal or business establishments in the country. They are given as under –
  1. Start a permanent establishment
  2. Set up a branch office
  3. Establish an entity in the free zones of UAE
  4. Set up a civil company (only in Dubai and Sharjah)
  5. Get started with a commercial agency contract
About UAE free zone

The government of UAE authorizes foreign entities to establish business in the free zones. These zones are strategically located in – Abu Dhabi, Sharjah, Fujairah, Ras Al Khaimah, Umm Al Quwain and Ajman. There are many benefits of UAE Company Formation and the list of free zones is also endless. To sum up, business opportunities in these zones are many.  Types of business licenses issued for operating in the free zones are –
  • Trade license
  • General trading license
  • National industrial license
  • Service license
  • Industrial license  
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