03 Sep How to Start a Software Company in Dubai?
With the rising graph in development of the software industries as well as the increasing demand for digital services, setting up a software company in Dubai is now more beneficial than it ever was. The growth of the software sector in Dubai is at its peak, the reason being its tech-savvy population and high internet penetration rates. Moreover, support from the federal and local governments promotes the overall expansion of software companies in Dubai.
Software Company Setup in Dubai can yield loads of profits as it is a sustainable choice of business for today’s generation. How to open a software company in Dubai is the first and the most important question that comes to mind. If you are facing trouble with setting up a software company in Dubai or getting a software company license in Dubai, worry no more. You will come across all the information related to opening a software company in Dubai as you read further.
Steps to Open a Software Company in Dubai
Considering the growth in the software department in Dubai, the authorities have established a quick and hassle-free process for opening a software company in Dubai.
1. Choose a Business Location
The Mainland area and free zone area are the two types of locations available in Dubai for business purposes. Dubai Internet City, Dubai Techno Park, Dubai Knowledge Village, Dubai Media City, and Dubai Silicon Oasis are some of the well-known locations for Setting Up a Software Company in Dubai.
2. Register Your Trade Name
Register a legal trade name for your company under the government of Dubai. Moreover, the trade name needs to comply with the rules and regulations established by the Department of Economic Development of Dubai. The trade name should not have any offensive words, it should not target any community, caste, religion, or insult anyone in any sense.
3. Get License Approvals
The type of license you need depends upon the activities that you wish to organize in your company. The Department of Economic Development administers and distributes the software company license in Dubai. Software companies in Emirate can register for a professional license that allows 100% foreign ownership and a sole proprietorship as well.
Carrying an employment visa as well as a residency visa is made mandatory by the government of UAE for all business owners in Dubai. Several documents along with a fitness test report are needed for the approval of your visa in the UAE.
How to Get a Software Development Business License in the UAE?
The UAE government monitors all the business activities taking place in Dubai carefully. Procuring a business license for your software development company is of utmost necessity for the well-being of your company. You can get a software company license in Dubai simply by following the steps mentioned below:
- Select your Company Name.
- Submit the identity proof and residence proof of all the shareholders and owners involved.
- Apply for incorporation of your company
- Select the location for the establishment of your office/building.
- After executing all the steps mentioned above, a License will be issued from the Department of Economic Development in Dubai
- Collect your software development business license in the UAE in under 2 – 3 working days.
- Open a current account in a legally recognized bank inside the UAE.
What are the Documents Required for Software Company Setup in Dubai?
The list of documents required for setting up a software company in Dubai depends on the shareholding ( corporate else Individual ). To make your software company set up in Dubai easy, we have mentioned all the necessary documents below:
- Trade Name ( At Least 3 name choices)
- Business Activity
- Passport copy of the shareholders.
- Entry stamp or Visa page.
- Passport-size photograph.
Start Planning Your Software Company
The software development company has huge potential at present as well as in the future. A great opportunity lies ahead for those who plan to set up a software company in Dubai. You can connect with expert business consultants at Shuraa Business Setup to seek help for drafting a plan for your software company set up in Dubai. Our experienced consultants will assist you with the paperwork involved, acquiring permissions and approvals plus obtaining your trade license at a reasonable price. All you need to do is call us and let us know your requirements.