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How to Start an IT Company in Dubai

Starting an IT company in Dubai can be an exciting and profitable venture for entrepreneurs. However, navigating the legal and regulatory requirements of the UAE can be challenging. This topic aims to provide a step-by-step guide on how to start an IT company in Dubai, including information on obtaining licenses and permits, finding office space, hiring employees, and setting up a business bank account. It will also cover the key considerations when starting an IT company, such as identifying a niche market, developing a business plan, and choosing the right business structure.

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How to Start an IT Company in Dubai

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  1. HOW TO START AN IT COMPANY IN DUBAI?

  2. HOW TO START AN IT COMPANY IN DUBAI? We were running around looking at all options with different free zones and sponsors, but it was very straightforward in the end” says Chris Leighton, Co- founder, AirZones, a UK-based company that was established in Dubai, United Arab Emirates, in September 2021. It has just been a short while and the company is already thriving in the UAE and seen as a promising competitor in the market. According to the UK’s Department for International Trade, more than 6,000 UK-based companies are already registered in the UAE, with bilateral trade set to reach £25 billion (Dh127.1bn). UK businesses that choose Dubai as their base can access undeniable support and a uniquely nurturing environment for development. In fact, establishing an IT business in Dubai comes with a host of benefits.

  3. What are the benefits to start an IT company in Dubai? Taxation is one of the important benefits of setting up an IT company in Dubai for freedom from corporate taxes and free differentiation of profits when it’s set in a free zone. Moreover, you receive hassle-free availability of resources such as skilled workforce from all over the world along with avant-garde internet facilities. Considering the favourable market conditions and ease of global reach in Dubai, your IT business can have an edge over others in the industry. Furthermore, information and communications adoption in the region in blend with digital implementation makes it a hotspot for new investors and growing entrepreneurs. Dubai offers many free zones to motivate local and foreign investors for starting their businesses. Also, IT-oriented free zones in Dubai guarantee extraordinary business conditions, integrating office structure and accommodation areas for companies and personnel.

  4. What Are the Steps to start an IT business in Dubai? The process to open an IT Company in Dubai is smooth and convenient. It hardly takes a week to complete, given the steps to start an IT business in Dubai are followed carefully. The process of setting up an IT Company in Dubai starts with these six important steps: 1. Determine the type and location of your IT company 2. Select a suitable location 3. Secure the premises 4. Choose a trade name 5. Designate share capital 6. Hire employees

  5. How to obtain a professional license for an IT company in Dubai Once an investor chooses to start an IT company in Dubai, it is mandatory to obtain a professional license from the Department of Economic Development starting operations. To obtain a license, you must hire a local agent who can perform various tasks related to your IT business, from applying for name reservation and registering your company to securing a location and also hiring a workforce, etc. in Dubai before

  6. What are the Documents required to open an IT company in Dubai? The documents to the Department of Economic Development. The list of documents is as follows. investor has to submit various Passport of the owner and the partners of the firm Entry Stamp / UAE Visa The local partners chosen by the investor need to submit a neutralisation book. NOC for expatriate partners’ from the various sponsors chosen. The agreement of partnership must be signed in front of the notary.

  7. What is the Cost to open an IT company in Dubai? Setting up an IT company in Dubai includes various costs, ranging from company registration and license fees to office expenses and share capital amount. Company Registration Fee is a one-time payment. The cost for registering to open a company in Dubai in a free zone is AED 9,000 to AED 10,000. Contrary to the company registration fee, license fees are a recurring cost. It can cost anywhere between AED 10,000 to AED 50,000 per year.

  8. Conclusion The support and a uniquely nurturing environment for growth found in Dubai are unmatched. From the ease of doing business to taxation, everything is hassle-free. Moreover, the IT industry in Dubai has tremendous potential for growth in local as well as overseas markets. Got a great business idea you want to execute? Everything you need can be found in Dubai.

  9. CONTACT US : +44 7538 205604 THANK YOU info@shuraa.com www.shuraa.co.uk Shuraa Business Setup London Br. 9 Fisher’s Lane, Chiswick, London W4 1RX We look forward to working with you

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