How to start a business in Dubai, UAE | Flyingcolour
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A Detailed Guide to Setup Any Type of Business in UAE

How To Start A Business in Dubai, UAE?

Start business in Dubai, UAE? Why not? It’s no secret that there’s a lot of information to consider when selecting the best free zone to start business in Dubai, including location, price, type of business, Flexi-desk or office options, auditing, accounting, and share capital requirements, among others. We walk you through it step-by-step how to start a business in Dubai, steering you in the right direction, saving you money, and ultimately making the entire experience as stress-free as possible.

In Dubai and across the UAE, we offer niche services to start business in Dubai, UAE. We assist multinational companies and SMEs to enter the UAE markets quickly. In addition to meeting the initial needs of business setup in Dubai, we also create a broader scope for your business. When and how to start a business in Dubai, it’s vital to take into account the scope of the company, so we develop your company so you can focus on growth and attract new prospects.

start business in dubai | how to start a business in dubai

Why Set up/ Start Business in Dubai, UAE?

Starting business in Dubai has now been made easier by ongoing and ambitious reforms aimed at making it as easy as possible for entrepreneurs, entrepreneurs expanding, and service providers. Due to aggressive legal reforms such as long-term visas and introducing free zones, Dubai has been steadily ascending as a global commercial capital and simplifying business operations for foreign owners. Due to all of these factors, It’s an extremely attractive place to start business in Dubai, especially for foreign nationals. We take a look at the top reasons for why to start business in Dubai.

In recent years, Dubai has solidified its position as a regional hub for trade and business. According to a recent survey of global business hubs, the UAE is now ranked 15th. A well-connected transportation system, the absence of business taxes, and the development of Dubai’s financial sector are cited as factors contributing to the city’s global prominence in the survey. Located between the established economies of Europe and Asia, as well as those emerging from Africa, it is a great place to start a business.

Start business in Dubai | How to start a business in Dubai

Other than oil, the emirate has been trying to diversify its economy. History shows that this strategy has mixed results, resulting in the 2008/09 debt crisis. However, it also contributed to a widespread business-friendly reputation, courtesy of the government’s encouragement of regulations across different sectors.

UAE government passed foreign direct investment (FDI) law in 2018 to stimulate investment. Those changes will not only make it easier for businesses to set up shop here, but will make things so much easier for those businesses that already do so. The law allows foreign companies to own up to a 100% share of their companies, among other provisions to benefit foreign investors.

Direct foreign investments swelled by 41% last year in Dubai. The emirate achieved US$10 billion in foreign direct investments in a fiscal year for the first time. According to the state agency responsible for foreign investment promotion. There is no doubt that this economy is open and receptive to foreign investors and business owners.

How to Start A Business in Dubai, UAE

The answer to how to start a business in Dubai has never been easier. This statement would have been true at any point over the past decade or so. But right now, the signs are especially promising for a new business setup in Dubai. A new ambitious project is announced or delivered almost every week in the UAE. The country’s projected growth makes it a trend worth following.

The process to start a company in Dubai is both simple and fast, with strong incentives. Notably in the form of the UAE’s free zones. While you start a business in Dubai, you may open a business onshore or offshore. It is particularly popular with foreign entrepreneurs that you do so in a free zone. The government offers 0% corporation and personal taxes, 100% company ownership, 100% repatriation of capital and profits, and no currency restrictions.

Although the technical, administrative, and financial aspects of company formation in Dubai can seem intimidating. However, if you follow the simple, step-by-step process with the right support, it is far more straightforward. We have assisted many companies in establishing themselves in various free zones and can break down the 6-step process into six basic steps.

Where to Start business in Dubai, UAE?


In addition to the friendly conditions of the free zones, starting a company in Dubai can be accomplished in less than a week with the help of our business setup consultants in Dubai. Each step can pose complications that could derail the inexperienced applicant. That’s where we can help. In addition to guiding you through all the steps, we can also assist you with your liaison with UAE government authorities and spot potential problems before they arise.


Can you start a small business in UAE?

Yes, it is possible to start a small business in UAE. The city offers various options and resources for entrepreneurs looking to establish small businesses. Whether you choose to set up as a mainland company or in one of the free zones, Dubai, UAE provides opportunities for small business owners to thrive.

Which business is most profitable in UAE?

The most profitable business in the UAE can vary depending on market trends, demand, and individual factors. Some sectors that have traditionally shown profitability in the UAE include real estate, hospitality, tourism, retail, healthcare, e-commerce, technology, and professional services. However, it is essential to conduct thorough market research and analysis to identify the specific business niche that aligns with your expertise and target market to maximize profitability.

How much does it cost to start a business in UAE?

The cost of starting a business in the UAE can vary depending on several factors, such as the type of business, location (mainland or free zone), office space requirements, license fees, visa costs, and other related expenses. The exact cost will depend on your specific business requirements. It is advisable to consult with business setup consultants or relevant authorities to get accurate information and understand the costs involved in starting a business in UAE.

Is starting a business in Dubai, UAE easy?

Starting a business in Dubai, UAE can be relatively straightforward, thanks to the city’s business-friendly environment and streamlined processes. The government has implemented various initiatives to simplify the setup procedures and reduce bureaucratic hurdles. However, it is important to note that the specific requirements and procedures can vary depending on the type of business and the jurisdiction (mainland or free zone). Engaging with business setup consultants in Dubai can greatly assist in navigating the process with all necessary regulations.

Is it a good idea to start a business in UAE?

Starting a business in the UAE can be a good idea for several reasons. The city offers a vibrant and diverse market, strategic location, world-class infrastructure, supportive government policies, access to a global network, and a robust economy. Moreover, the UAE has a strong entrepreneurial ecosystem and a favorable business environment that encourages innovation and growth. However, it is crucial to conduct thorough market research to develop a solid business plan. For this, understand the specific challenges and competition in your chosen industry before starting a business.

Is the business in UAE profitable?

The profitability of a business in the UAE depends on various factors, including the industry, market conditions, competition, business model, and management. The UAE provides ample opportunities for businesses to thrive and succeed, given its dynamic economy, growing consumer base, and strategic location. However, profitability is not guaranteed and will require careful planning, market positioning, effective marketing strategies, and ongoing adaptation to market demands. It is advisable to conduct a feasibility study and seek expert advice to assess the potential profitability of your business idea in the UAE.

Flyingcolour® assists in all types of company registrations in the United Arab Emirates. We assist in Mainland, Free Zone, or Offshore company registrations in all Emirates of the UAE and also assist in opening bank accounts with all local leading banks. We closely work with all Government Departments and banks.

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