011. Define the businessStart with the actual operation you want to establish. Consider what you will sell or manufacture, who your customers will be and what facilities the business will need.
022. Select the activityThe proposed activity is matched with the appropriate licensing category and any related requirements.
033. Decide on the company structureThe ownership and legal structure should suit the number of shareholders, proposed activity and longer-term plans.
044. Reserve the trade nameA suitable company name is selected and submitted according to the applicable naming requirements.
055. Obtain initial approvalsCertain activities may require approvals from relevant authorities before the licensing process can be completed.
066. Arrange the premisesThe business secures suitable premises in Al Quoz and completes the required tenancy documentation.
077. Complete the licence applicationThe required documents and approvals are submitted for the mainland trade licence.
088. Complete post-licensing requirementsDepending on the company and its plans, this can include immigration, establishment, visa, employee and corporate banking arrangements.
01Choosing the premises before confirming the activityA property may look suitable but still require changes or approvals before it can be used for the intended activity.
02Selecting a broad activity without understanding its requirementsDifferent activities can trigger different licensing and premises requirements.
03Budgeting only for the trade licenceRent, equipment, visas, approvals, utilities and operating costs can make up a substantial part of the initial investment.
04Assuming every industrial activity has the same requirementsManufacturing, storage, repair, food and contracting businesses can have very different regulatory requirements.
05Leaving expansion out of the planningA company that expects to increase its workforce, warehouse capacity or production should consider those plans before selecting its premises and setup structure.
06Treating incorporation as the end of the processAfter the licence is issued, the company may still need to arrange banking, accounting, tax compliance, employee administration and licence renewals.