IntroductionÂ
In contemporary times, the idea of opening a home based business in Dubai has gained importance giving a pathway to entrepreneurs and investors. So for this, you need a home based business license to operate it and it also matches with modern technology and lifestyle advancement. In this blog, you will get to know about what is a home based business, the 5 significant steps that you have to follow for getting your home based business registered, and the documents that are necessary and required for it.
What is a home based business?
Entrepreneurship and investors have been encouraged in Dubai. The government has supported and given incentives over the years and helped many small businesses to grow. First time any entrepreneurs and business owners have got hope and motivation to start their home based business in Dubai, so all thanks to the UAE authorities.
The process of starting a home based business
Here you will get the important steps that you need to follow to open your home based business in Dubai.
Step 1: Select your business activityÂ
Choose your business activity that matches your business goals and skills. Dubai gives numerous ranges of business activities. So choose what goes with your business.
Step 2: Register your business name
Select a unique and relevant name that goes with your home based business in Dubai. To ensure that it abides by the rules and regulations of the UAE authorities and do your home based business registration.
Step 3: Decide your company structure
Choose the legal structure that works best for your company. There are several company structures so you will get the right one for your firm.
Step 4: Apply for the licenseÂ
Apply for the relevant license that is suitable to your business activity.Â
Step 5: Get your home based business license
After completing all your processes and required steps and having met the requirements you will get the home based business permit for operating it.
The documents that are required for your home based companyÂ
Here we have mentioned the documents that you will need to submit to register your home based business in Dubai.
- Valid Emirate ID and your partner’s Emirate ID.Â
- Company details, investor information, trade name, and address.
- Submit your 1-2 years of tenancy contract to DED.
- Change your visa status to investor residency just after your 60 days of license. issuance.
- NOC from the Federal Authority for Identity and Citizenship (FAIC) in case of housewife or employment status.
- Local sponsor with a drafted sign and approved Memorandum of Association (MOA).
ConclusionÂ
Start your business journey from home as UAE authorities are supporting and encouraging the home-based business in Dubai. So navigate your challenges, seize your opportunities, and build your flourishing home based business journey with Arab Business Consultant as we have a team of expertise who have the cultural understanding, language proficiency, legal and regulatory expertise, market insights, tailored solutions, networking, and connections and we hold years of credibility and trust.
If you are looking for other business-related services such as Bank account opening, Visa processing, PRO services in Dubai, UAE, Local sponsor in UAE, VAT Registration Services in UAE, and License renewal in UAE you can get all these from us.
To know more about us and our other services go through these amazing blogs as mentioned below.
