The investment potential in the digital marketing industry is immense. Therefore, your decision to start a digital marketing agency in Dubai in 2024 is the right one for so many reasons. Dubai’s economy is soaring high, new reforms have made business establishment a lot easier for expatriates, and there’s so much more. Thus, now is the time to act and get started with your digital marketing company in the UAE.
All you need to do is obtain a digital marketing license in Dubai and kickstart your business activities. You can get in touch with the experienced business consultants at Shuraa Business Setup for any issues regarding company formation in the UAE. We take care of licensing, banking, translation, consultation, and everything else you need to launch your dream venture.
How to Start an Advertising Agency in Dubai?
Business owners and investors can set up their advertising agency in Dubai by following the steps mentioned below:
1. Educate Yourself and Analyze Dubai’s Market
It’s better to deep-dive into the core concepts of digital marketing before proceeding with the company formation process. This will also help you decide the business activities you’ll carry out once you set up a digital marketing company in the UAE.
It’s imperative to analyze the audience demographics, top-tier competition, budding startups in your sector, and much more. The knowledge you gain here helps you make educated decisions when it comes to budgeting, monetization, and business expansion.
2. Choose your Agency’s Legal Structure
You need to finalize your legal structure before you start a digital marketing agency in Dubai in 2022. Do you wish to open a Sole Establishment in the mainland region with the help of an LSA (local service agent)? Or do you want a free zone establishment in any of the specialized free zones in the UAE?
The choice is yours and a critical one too. Therefore, you should always get in touch with legal advisors at Shuraa Business Setup, and we’ll guide you through various legal structures in the Emirates. This way, your decision to open an LLC, branch office, or any other legal framework becomes pretty easy.
3. Register a Trading Name
Marketing aspirants need to register a trading name to set up a digital marketing agency in Dubai. It’s the official name of your advertising firm and must always be unique, and indicative of your business activities. You can list down a few names and send them to the concerned department for evaluation.
Ensure that you follow all the naming convention guidelines when you list down the trading names. Moreover, refrain from using derogatory terms or words that insult someone’s beliefs, religion, and sentiments. Don’t forget to use a person’s full name if you wish to keep it as your agency’s official name.
4. Apply for a Digital Marketing License
You can apply for your digital marketing license in Dubai once you have the payment receipt of the trade name reservation. You can submit the same alongside the initial approval certificate and other mandatory documents to the concerned economic department.
Remember that you can only carry out the business activities that are listed in your digital marketing license. Moreover, you also need to renew your license every year to maintain its validity.
5. Build a Portfolio and Boost your Social Media Presence
Pleasant reviews from clients work wonders in the digital marketing domain. Therefore, don’t shy away from taking small-budget projects during your initial days to build an impressive portfolio. Your digital marketing portfolio will speak for your professionalism and skills.
A meaningful social media presence is vital for any digital marketing agency. It helps you generate more leads, drive more traffic, and improve your agency’s credibility in the marketplace.
6. Manage Visas and Open a Bank Account
Once you’re done with all the above-mentioned steps, you need to take care of visas. You can apply for a residential visa for yourself alongside your family members and domestic staff. The number of visa permits you get depends on your investment plan and your office size.
Opening a corporate bank account is another vital step when forming any company in the UAE. Ensure that you partner with a reliable bank that offers long-term business benefits and top-notch banking facilities.
What is the Cost of Starting a Digital Marketing Agency in Dubai?
The cost of setting up a digital marketing agency depends on several factors. First, the establishment cost varies in the mainland region and free zones.
However, you don’t need to worry about establishment costs when you collaborate with Shuraa Business Setup. We offer an optimized plan to help you start a digital marketing agency in Dubai in 2024 for as low as AED 12,900*. The cost rises with the increase in the number of visa applications and other business factors.
What are the Benefits of Starting a Digital Marketing Agency in Dubai?
You enjoy endless benefits when you set up a digital marketing company in the UAE. Some of them include:
- Booming Economy: ambitious entrepreneurs, reputed organizations, and business aspirants from around the globe continue to invest in Dubai’s risk-free business framework. This facilitates higher revenues, lower setup costs, and sustainable business formations.
- Tax-Free Regime: you don’t need to pay any corporate taxes in the UAE, thanks to the supportive government laws. Moreover, foreign investors enjoy 100% repatriation of profits and capital gains.
- Complete Business Ownership: you can enjoy 100% business ownership when you start a digital marketing agency in Dubai in 2021. Whether it’s a mainland establishment or a free zone company – you are your own master. All you need is a reliable LSA who’ll help you with the legal procedures without any shareholding in your company.
Which Documents Are Required to Launch a Digital Marketing Agency in Dubai?
The UAE’s government is strict when it comes to documentation and paperwork. Here’s a curated list of documents and approvals you need to set up a digital marketing agency in Dubai:
- Duly filled application form
- Two passport-size photographs (colored)
- Passport copies of all the business partners
- Payment receipt of trade name reservation
- The lease agreement document to verify the registered address of your business ( Sustainability Contract )
- A descriptive document of selected Business activities
Start your Digital Marketing Agency Today!
The lucrative business opportunities make it a no-brainer for you to start a digital marketing company in Dubai in 2024. The process to do the same is straightforward and doesn’t take much time if you follow the correct steps.
However, how much work can you burden yourself with as an expatriate having so many other things to take care of? Therefore, we recommend you to collaborate with the business setup professional at Shuraa . We provide end-to-end business assistance by doing all the heavy lifting for you.