What documents are required to set up a business in Dubai?
Business setup requires specific documentation, including a trade name reservation, passport copies, and shareholder agreements.
Setting up a business in Dubai requires careful preparation and submission of key documents to ensure smooth registration. While the exact requirements may vary between freezones and mainland authorities, the following are commonly needed:
- Trade Name Reservation: Before registering your business, you must reserve your trade name to ensure no other company operates under the same name. This step helps protect your brand identity.
- Passport and Visa Copies: All shareholders, directors, and managers must provide passport copies and, if applicable, copies of their UAE visas.
- Shareholder Agreement: This document outlines the roles, responsibilities, and shareholding structure of the company. It’s especially important for businesses with multiple owners to avoid future disputes.
- Office Lease Agreement: For mainland companies, it is mandatory to secure and register an office lease agreement. Some freezones provide virtual offices as part of their packages, eliminating the need for a physical location.
- Additional Government Approvals: Depending on the business activity, additional approvals may be required from relevant authorities. For example, businesses in healthcare, education, or food production will need clearance from specific regulatory bodies.
Submitting complete and accurate documents ensures a smooth setup process and avoids delays. Working with a consultant can further streamline the process by ensuring that all paperwork is correctly filed with the appropriate authorities.