Setting up a business in Dubai – Obtaining a foreign business license
To set up a business in Dubai, an e-commerce license is required. This is required first by the emirates before you can trade or run a business in the free zones. The cost of e-commerce license in Dubai is not free as it has to be paid before one gets his business name and certificate. A free zone is not that restrictive in terms of setting up a business as they have no restrictions. In terms of business costs, it is one of the lowest business costs in the world. Just the registration fee and certificate will cost you about the same amount as buying a car or a house.
For an individual entrepreneur planning to start a business in Dubai, he may choose to apply for a business permit first. There are several companies offering trading permits in Dubai. Most of these companies offer free quotes based on which permits can be purchased. After paying the required fee for the free permits, you can start trading in the free zones.
Another option for setting up a business in Dubai is to obtain a visa through the Dubai authorities. The only condition for this is that you carry a valid passport with you. The type of visa offered is a business visa or an ordinary visa. To apply for an ordinary visa, you must apply directly to the Dubai Immigration Department.
Setting up a business in Dubai that is completed without obtaining a residence visa does not make any sense. The reason is that most of the transactions that take place internationally do not require proof of residence in the country. The necessary documents for this are a passport and a certificate of registration of the person. You can get this information online. You can also visit the Dubai Free Zone office to find out the application procedure for this business entity.
If you want to set up your business in Dubai and plan to do it yourself, you will need to get a non-immigrant visa. This type of visa is called a residence visa. Other options for setting up a business in Dubai include the following: Business Permit, Offshore Business Permit or EEC or Work Permit. These are all different names for the same document. The important differences are the legal status and eligibility requirements for each.
The process of obtaining the documentation also differs from visa issuance to another. For the first option, you will need to present your passport and your application processing fee. For the second option, you will need to submit your business license and your application processing fee. A business license must be renewed every two years or it will be considered invalid. You will not be required to pay a fee for the EEC or work permit.
The cost of setting up a business in dubai includes document processing. Handling charges are calculated based on the number of items you need and the amount of materials you need to ship or deliver. Rates may be based on the product or service you sell and the location of your business. If you do not want to use the services of a UAE company or individual to process your application, you can choose to hire a freelance translator to do the job for you. Hiring a freelance translator can be an affordable way to keep your business running smoothly.
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