In UAE, the Information technology industry has a high potential demand.so there has never been a perfect time for the company formation in the UAE country. if you are thinking of a startup company in the UAE region, then feel at ease. Because the process of setup any business is simple and speedy with huge benefits, especially in the free zones. Keep in mind that writing this blog is for all business entrepreneurs who are willing to start a software company in Dubai, UAE. Hope you will get useful information and ideas to proceed next step.
How to start a software company in Dubai, UAE?
- Business Name
For setting up a business in Dubai, you must need a proper name for the business. here in Dubai, there are strict naming conventions. So before you commit a name make sure it conforms. The government allows only the full names, not the abbreviations. Our business setup experts will guide you on these rules and naming conventions. and to get your trade name and its license easily.
- Business Location
To start a software company in Dubai, UAE, you just need to choose one location either the mainland or the free zone. Free zones are particularly popular with foreign entrepreneurs. because they offer are:
0% corporation and personal tax,
100% company ownership,
100% repatriation of capital and profits,
No currency restrictions, and
100% import and export tax exemption.
The Dubai Internet City, Dubai Knowledge Village, Dubai Silicon Oasis, Dubai Techno Park, and Dubai Media City areas are referred to as the industry. Many software companies are established here.
- Document submission and Approvals
Need to get a license from DED, the Department of Economic development for your new software business setup in Dubai. They will issue the software company license after verifying all your documents. The document includes your passport, MOA-memorandum of association, Tenancy contract, partnership agreement, etc.
- Visa process
For any business owners, employment visas and resident visas are mandatory to submit to the UAE government and also include fitness reports if required.
Cost of setting up a software company in Dubai, UAE:
The cost of setting up a software company in Dubai depends on the following factors the location you choose. if it is a Flexi desk workspace it may start at around 15000 AEDs.and fixed may start at around 30,000 AED.
Why Business setup Dubai:
we are the leading legal firm in Dubai, providing quality services. we have a business setup expert team, to help our clients in the best possible way. get in touch with us if want to start any business not only a software company in Dubai or any UAE region, we are glad to help you. Happy reading!!