15 Things You Need To Know Before Starting Business In Dubai, UAE

Frequently Asked Questions

What is the cost for setting up a company in UAE?
Cost depends on various factors; like business activity, target market, number of visas required, Premises required etc. However license cost starts from AED 6000 onwards. For more details please contact

Can I get license while being employed in UAE?
Yes you can get license even if you are employed. However the requirements may not be the same for all free zones/mainland. For more details please contact

Can I sponsor my dependents upon starting a company?
For that, shareholders must take their visa from the company in order to sponsor the dependents. For more details please contact

I am looking for a small investment but I don’t have any business ideas as such in that case what is the best business idea for me?
It is true that business do require some kind of investment but cost depends on the activities you choose. For instance, for activities like restaurants, coffee shops, cafeterias etc require premises as per the govt rule and for activities like any services/consultancy might be cheaper. If you are good at any particular skill or any field then there are lots of options for getting a license and visa. For more details please contact

What is a mainland registered company and why does it require UAE National as sponsor?
Mainland registered licenses are issued by Department of Economic Development of that particular emirate. This license is required for those who want to sell their products in local (UAE) market, wants to open shops in any area of that particular emirate. It does require UAE National as local sponsor. For more details please contact

What is a free zone registered company and can free zone do business in local market?
Free zones are designated economic areas where 100% foreign ownership is applicable. UAE has many such free zones in each emirate. However, suitable free zones are recommended as per client requirements. For more details please contact

Can I open bank account for my company?
We will assist you for opening bank account. However bank will conduct certain verification procedures. It is advised to client to cooperate with bank personnel to open bank account. The clearer picture you give about your company, the chances of opening account is sooner. For more details please contact

What is a freelance license and how it is different from other forms of company setup?
Freelance license is suitable for those who are good at any particular skill or talent. For instance; photography, choreography, makeup, advising etc. The license is generally cheaper and issued to single individual only. Freelance license holders can get a visa for themselves and can sponsor their dependents as well. While, Free Zone Company can have more number of visas as per client requirement. They can also hire employees, get an office/premises, can increase or decrease visa allocations etc For more details please contact

How many days it takes to get a trade license?
Normally 5 to 7 working days. However time period differs as per the procedures. For more details please contact

If I want to cancel the license, what is the cost and procedures?
License cancellation cost differs from company to company. All the visas must be cancelled and all the dues must be cleared before proceeding for license cancellation. For more details please contact

If I have a trade license and a visa from it but I want to work somewhere as an employee, can I do that?
You can still work as an employee and maintain the trade license if you don’t wish to cancel it. However, you must check with your employer for any objections. For more details please contact

Is there any government support to setup a company in UAE?
For non-UAE nationals there are no such prevailing schemes to setup a new company. However there are low cost packages, installment options, packages for female entrepreneurs put up by certain free zones. For more details please contact

Can I choose any other names other than the name in the license?
For that you need to have trade mark registration. For more details please contact

Why should I consult with business setup consultant for starting a new company?
It is to be accepted that business setup in UAE is infact an easy process and many of the government services are available online. Day by day process is becoming more digital friendly. However for any startup it is advised to choose their activity and jurisdiction wisely. Getting a right kind of license is the first step for starting any business rest all comes with it.

And why should I choose Way Mark Management Services?
At Way Mark, we are a team of experienced professionals having expertise in business setups, E-commerce consultancy, marketing consultancy etc. We listen to clients and understand their requirements and suggest them the options. We not only assist in getting a license and process the visa work but we associate with our clients as their advisor and extending all possible support to run their business. We are aiming at building a longstanding relationship with our clients.