In the last decade, the software industry has evolved to a point where they have become integral to every part of our daily lives. These companies have changed how we communicate, shop, travel and even work. The importance of software in modern life is increasing. Recent technological innovations have made the world a lot more convenient and efficient.
Setting up a software company in Dubai is not a difficult task. However, it does require planning and patience. After you have decided which type of company you want to set up, you are ready to start your research. Dubai is undoubtedly one of the fastest-growing cities with its futuristic vision and dynamic business culture. It is the place that entrepreneurs have found a haven to start their business in this highly competitive market.
Dubai is a city of dreams and possibilities, and it is no different in terms of software development. With the help of software developers from all around the world, Dubai’s IT industry has been growing steadily.
Dubai is one of the best places to set up a software company. It has one of the highest numbers of skilled workers in the world and is also a hub for technology companies that are constantly looking to hire talented engineers and developers.
An industry leader in business consultancy and company formation in the UAE for over a decade, UAE Freezones (an established online platform for Global Resources) has been designed for entrepreneurs that have a business idea but don’t have the knowledge, resources or experience to move their concept forward and kickstart their business in the UAE.
Those who want to start a software company in Dubai can do it in a variety of ways, as this type of business can be set up as a small or large corporation. The commercial or professional license, as well as other special permits given by the Ministry of Communication and Information Technology, are required for the establishment of such a business.
The professional license is issued by Dubai's Department of Economic Development (DED). First thing to do to obtain the license is to retain the services of a local agent who will handle the employment visa, the license, and any other required documentation. The steps for getting the professional license are the name reservation and the approval for the activity to be undertaken with the Department of Economic Development in Dubai. The software company can be registered as a single proprietorship or as a professional business with full foreign ownership. When the owner has one or more partners, civil companies are also permissible. There is no minimum share capital requirement for civil corporations in Dubai, however the amount must be declared in the software firm's Articles of Association.
To set up your software business in Dubai , there are a few aspects that must be considered first. The requirements include the business registration procedure which are:
When you decide to open a software company in Dubai you should be aware of the documents that are required in this process. The mandatory documents are:
The partnership agreement must be signed in front of a notary
Dubai is a global city that is considered as the Middle East's leading business location. It is also an international tourism and transportation hub due to its location as a port city.
Global Resources Group has been recognized as a top consultancy for those who want to set up a company in UAE.
UAE Freezones offers advisory service that gives clear direction and guidance to savvy investors who want to set up their operations in the Emirates, whether onshore or offshore.