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3. FINALISE THE COMPANY STRUCTURE/LEGAL FORM
Choosing the legal form for your company is an important decision when starting a business in UAE. It sets the tone and structure for dealing with profitsandlossesandhowyoushouldorganiseyourresourcesandassets. Decidethelegalformoryourcompanystructureduringtheinitialstagesof planning.Following are some of the legal forms or company structures underwhichyoucanregisteryourbusinessintheUAE:
Limitedliabilitycompany(LLC)
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Soleestablishment
Civilcompany
Localcompanybranch
GCCcompanybranch
Foreigncompanybranch
Freezonecompanybranch
Holdingcompany
4. GET APPROVAL FOR YOUR COMPANY NAME AND ACTIVITY
The Department of Economic Development (DED) must approve the trade nameforyourcompanybeforeyoucanmoveaheadandstarttheprocessof your company set-up in the UAE. Along with your company name, your selected business activity also goes through an approval during this stage. Once you receive the approvals, you will have to submit documents to apply for your UAE trade license and begin the process of opening a company in Dubai.