Business Formation in Dubai

Business Formation in Dubai:

Business formation in Dubai Procedure:
While company formation procedure differs from one legal form of company structure to the other, below is a summary of the bureaucracy one needs to face wishing to incorporate and register a new company in UAE.

Step1: Reserve a company name and apply for its registration at the Department of Economic Development (DED)

Step2: Apply for legalization and initial approvals from the required authorities

Step 3: Buy or rent a commercial place to conduct business activities

Step 4: Draft legal application and agreements

Step 5: Compile the required documents, legalized certificates/papers and submit the application file for final approval

Step 6: Collect your trade license

Step 7: Open a corporate bank account

Step 8: Apply for an Investor’s Visa and Investor ID

Step 9: Obtain final documents from DED including Certificate of Incorporation authorizing the start of business activities in the premises of UAE