Set Up a Business In Dubai?

The first and foremost step in setting up a business is to draft a good and comprehensive business plan that provides the complete outline of your business goals, tasks and turnovers. Drafting a business plan seems to be very easy but it actually is the most tedious and challenging task for many people.  Most of the people who intend to setup their business are already in a possession of a good business plan but a thorough research  of the market in terms of opportunities lying in that particular field are also required. Once the feasibility study is done, you now need to apply your business ideas to understand the facts that are required for your business to be a success. Once you are done with this, the next step will be applying for business license

HOW TO SET UP A BUSINESS IN DUBAI? GETTING LICENSE

Obtaining a business license in the United Arab Emirates is considered uncomplicated but it is not as easy as it seems to be.  The process of acquiring a business license in Dubai can be a bit complicated especially for busy business people as it involves a number of procedures and steps. In addition to it, it gets quite complicated to choose the type of license you want to apply for. Licenses have many types like LLC license or Free Zone License. You may find yourself in a confused situation as to which one is of your type?

LLC LICENSE (LIMITED LIABILITY COMPANY)

This type of type will let you do business anywhere in the United Arab Emirates. However, obtaining an LLC license will require an Emirate sponsor who will have 51% ownership of your company. If you deal with supplying goods to the local markets in the United Arab Emirates then you should opt for LLC License. In other words, if your business needs a location that is near to the city, then LLC license is the only option.

Read More: http://altaresh.com/blogs/2016/08/how-to-set-up-a-business-in-dubai-getting-started/