Investors from middle eastern countries always like setting up a Business in UAE. Because this part of the Middle East has an investor-friendly environment and low tax policies. Here are some steps you need to follow for setting up your business in this business hub.
Pick a Business Activity — Try to choose a business activity that is not only profitable but also practical and feasible. Complete your research before you step into this country.

Pick the Jurisdiction — UAE market has multiple economic zones known commonly as jurisdiction. Pick a zone based on your business needs and activity.

Choose Business Structure — Before you apply for a business license, it’s vital to decide your business structure or legal form. Some common traditional structures are LLC, local company branch, Civil Company, Free zone Company branch, Holding companies, GCC company branch, etc.

Trade Name and Activity Approval – Before you start your business in UAE, you must get the approval of your business name and activity from DED — The Department of Economic Development.
Choose and Apply for Trade License – Once your trade name and activity get approval from DED, you need to choose your trade license. The standard licenses are commercial, industrial, tourism, and professional. Pick one and submit the required documents to get a trade license in the UAE.

Company Registration – You can register your company and apply for the license at the same time. Many steps and documentation are involved in the company registration process. Based on your company type and activity, DED will request you to furnish different documents. You must have to get approval from all government authorities, as mentioned by DED.

Team up with a Partner – It’s required by law in UAE to find a local partner and sponsor who will hold a 51 percent share in your business holding. However, if you don’t want to partner up, then you can hire a business consultant. Through his help, you can get connected with companies that offer corporate sponsorship. The benefit of this sponsorship is that you will keep 100 percent ownership of your business and don’t have to share with any local partner.

Acquire External Approval — Some entrepreneurs have to get approval from non-government bodies based on their business nature. For example, you may have to acquire approval from the municipality, banks, or embassies.

Draft MOA – Now, it’s time to get help from an expert who can help you draft a Memorandum of Association based on your company’s needs and requirements. It should be drafted following the government’s mandate.
Rent a Space -You need to rent a business office or workspace for setting up a business in UAE. You will make a tenancy contract, after which you must have to apply for an EJARI Registration certificate.
Get Initial Approval — you will get it from DED. Without it, you can’t start your business in the UAE.

Collect Your Trade License — Take all the required documents mentioned above and use them to get your trade license. Once you have this license, then you can focus all your efforts on running a business.