Choose a Business Activity and Legal Structure:
Determine the type of business activity you want to engage in and select an appropriate legal structure, such as a mainland company, free zone company, or offshore company.
Choose a unique trade name for your company that complies with UAE naming conventions and is not already registered by another entity.
Apply for Initial Approval:
Submit an application for initial approval from the relevant authority, which may vary depending on your chosen business location (mainland, free zone, or offshore).
Draft and Notarize Memorandum of Association (MOA):
Prepare a Memorandum of Association (MOA) outlining the company's details, including shareholders' information, capital, and business activities. Notarize the MOA through the appropriate channels.
Obtain Necessary Approvals:
Obtain approvals from relevant government departments and authorities, such as the Department of Economic Development (DED), free zone authority, or offshore regulatory authority.
Lease Office Space (if applicable):
Secure a physical office space in the designated location, as required by the business setup regulations.
Submit License Application:
Submit the license application along with all required documents, including the MOA, lease agreement, and approvals, to the relevant authority.
Pay Fees and Capital Requirements:
Pay the necessary registration fees and fulfill any minimum capital requirements specified by the authorities.
Upon approval of the application and completion of all formalities, you will receive the trade license and necessary permits to commence business operations legally
Register your company for taxation purposes with the Federal Tax Authority (FTA) if applicable, and obtain a Tax Registration Number (TRN).
Open a corporate bank account in a UAE bank to conduct financial transactions related to your business.
Visa Processing (if needed):
Process employee visas and residency permits if you plan to hire foreign staff.