Comprehensive guide to setup business in UAE

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COMPLETE GUIDE TO SETTING UP A BUSINESS IN THE
UAE STEP-BY-STEP PROCESS FOR SUCCESS
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1. Choose the Right Business Structure

• The first step in setting up a business in the
  UAE is deciding on the appropriate legal
  structure. The two primary options are
• Mainland Company Allows you to trade directly
  with the UAE market and take on government
  projects.
• Free Zone Company Offers 100 foreign ownership,
  tax exemptions, and the ability to repatriate
  profits, but restricts direct trading within the
  UAE market.

Im Olivia Wilson
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2. Select a Business Activity
The type of business activity you wish to conduct
will determine the necessary licenses and
regulatory requirements. The UAE has a broad
spectrum of activities available, ranging from
professional services and trading to
manufacturing and industrial operations.
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3. Register Your Business Name
Choosing a unique and compliant business name is
essential. The name must not violate public
morals or the public order of the country and
must adhere to specific guidelines, such as
avoiding religious references or the names of
well-known organizations.
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4. Obtain Necessary Licenses

• Depending on your business activity, you will
  need to obtain the appropriate licenses
• Commercial License For trading and commercial
  activities.
• Professional License For service-oriented
  businesses.
• Industrial License For manufacturing and
  industrial activities.

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5. Secure Office Space
For mainland companies, a physical office is
mandatory. Free zone entities typically offer
flexible office solutions, including virtual
offices and shared workspaces.
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6. Submit Legal Documentation

• Documentation is a critical part of the setup
  process. You will need to submit various
  documents, such as
• A completed application form
• A copy of the business plan
• Passport copies of the shareholders
• Memorandum of Association (MOA) and Articles of
  Association (AOA)
• No Objection Certificate (NOC) if required

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7. Open a Corporate Bank Account
Once your company is legally established, you'll
need to open a corporate bank account in the UAE.
Choose a bank that aligns with your business
needs and offers suitable services for your
operations.
8. Comply with Visa Requirements
As a business owner, you will need to apply for a
residency visa, as well as visas for your
employees if required. The number of visas you
can apply for depends on the size of your office
space and your business type.
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