Dubai is an attractive and lucrative country for foreign nationals wanting to set-up their company and be a stakeholder of this booming economy. There are many reasons why Dubai is considered one of the top countries to set-up a new business. There is sweeping infrastructure, high living standard, rich culture, tax-free environment, rising GDP and numerous business opportunities.
If you are considering setting up a construction company in Dubai, you should know that it is one of the most profit making industries in the U.A.E. It is good to remember that the tallest building in the world, the tallest residential building, the Burj-al-Arab and the Princess Tower are all found in this country. The World Expo 2020 will also be hosted by Dubai providing golden opportunities for foreign nationals with interest in the construction field.
First things first, you have to obtain a commercial license in Dubai for your construction company. In order to do this, it is advisable that you avoid taking the do-it-yourself approach. There’s much to consider and the process is lengthy, therefore, having an expert business consultant in Dubai to set-up your company makes the process easier and less challenging. There are a number of steps that involve getting a building permit, obtaining building license, and in the instance, the company is located on Dubai Mainland, it will be from the Dubai Municipality and if it is in the Free Zone region, you will require a G+1 permit. Your business consultancy firm can help you acquire a commercial license with minimum fuss.
You will also need several approvals and permits to set-up your construction company in Dubai. From civic work permit to an environmental license and to numerous other permits and licenses that must be obtained for your company to operate legally is not something that can be done solely by you. All permits and licenses require that it go through the relevant authorities and Government sectors. You need business consultants who are knowledgeable, skilled and experienced in setting up a commercial company in Dubai.