Guide to Start an IT Company in Dubai
Dubai is an important business destination for foreign investors who wish to start an IT Company in Dubai. A city that offers a lot of important opportunities, like low taxation and many free zones with various different facilities. The technical, administrative, and financial aspects of opening an information technology business in Dubai can appear intimidating. By following a simple step-by-step process with the right support, the process becomes far more straightforward and affordable than you might think.
Below mention is the process to Start an IT Company in Dubai:
Choosing your business activity
It depends on the nature of your business that decides in which free zones. You can or should set up your firm. For instance, some free zones only allow specific types of activities, like media, medical, or transport, and aside from the restrictions. It often makes sense to set up in close proximity to businesses in the same sector. You must keep in mind the transport links as well. If your business demands import and export. You will probably want to select one of the free zones which are situated near an airport or port.
Name of Your Company:
There are some strict naming conventions that the UAE has. Therefore, before deciding on a company name, make sure it conforms. Company names including offensive language prohibit. Also, company names that refer to Allah, Him, or certainly any other religious, sectarian or political groups, like the FBI or Mafia are also forbidden. In case you choose the name of any person then he or she must be a partner or owner of the company.
Finalizing all paperwork:
Completing an application is needed to select the company name and activity. This application submits to the relevant government authorities along with copies of shareholders’ passports. There are some free zones that require additional documentation, like a business plan or Non-Objection Certificate (NOC).
Receiving the Notification of Your License:
This is the simplest step of all. On the processing of your application, the government will issue you the required professional license in Dubai.
- Open a Bank Account: When your paperwork will return, you will have all the documentation. You require to open your corporate bank account in Dubai. Home to many banks both local and international, you can either approach the bank of your choice in UAE or ask your business set-up partner like us (Business Link UAE) for the arrangement of meetings with a number of institutions to help you select the most suitable option.
- Processing of Investors and Employment Visas: The final step to open IT consultancy in Dubai includes putting in applications for staff and dependents. The exact number you can submit depends on which free zone you are setting up your organization. Therefore, for obtaining visas for a spouse, child, maid, or driver. It is best to look for expert advice. To ensure that it is possible to do so in your selected free zone. Also, you need to make sure that both you and anyone whom you are hoping to sponsor for a visa match all of the entry criteria.
With these six easy steps completed and the assistance of well-experienced Dubai company setup experts at Business Link UAE, you’re good to go and start your business in your chosen UAE-free zone. For any queries, feel free to contact us at info@businesslinkuae.com or +97143215227.
