How to setup a business in Dubai? Dubai Chambers launches guide

As Dubai’s digital economy flourishes, Dubai Chamber of Digital Economy, an integral part of Dubai Chambers, has taken a significant step by unveiling a comprehensive guide for startups looking to establish a business in the emirate.

“Building Your Business in a Dynamic City: The Entrepreneur’s Guide to Business Setup in Dubai” is designed to serve as the reference, simplifying the intricate process of setting up a business and empowering entrepreneurs with essential insights in the emirate.

Fueling Dubai’s digital economy

The UAE has embarked on an ambitious journey to double the digital economy’s contribution to the national GDP to 19.4 per cent within the next decade, aiming for a value of $140bn by 2031. Dubai Chamber of Digital Economy is fully aligned with this vision, striving to support aspiring entrepreneurs and equip them with the knowledge required to unlock the vast potential of Dubai’s thriving digital economy.

Resource for aspiring entrepreneurs

The comprehensive guide is available for free download and is a product of in-depth research and feedback from the business community, emphasising the need for a convenient reference tool for ambitious innovators.

As Dubai Chamber of Digital Economy gears up to host Expand North Star, the world’s largest startup event, the guide release is timely. This landmark event will bring together the global tech community, connecting venture capitalists with unicorns, scaleups, and startups, strengthening Dubai’s position as a global digital capital.

A guide

Saeed Al Gergawi, vice president of Dubai Chamber of Digital Economy, highlighted, “The launch of this informative guide supports our ongoing efforts to attract and assist entrepreneurs in the digital industries to set up in Dubai, in line with the chamber’s drive to achieve the goals of the Dubai Economic Agenda (D33).”

Al Gergawi emphasised, “Ambition alone is not enough to establish a startup – it requires a thorough understanding of the local business ecosystem, legal and regulatory frameworks, and the wider economic landscape.

“The release of this guide represents an advanced step in our journey to help entrepreneurs from across the globe successfully set up their businesses and leverage the exciting opportunities emerging in Dubai’s digital economy.”

Dubai business guide highlights

Dubai’s vibrant economy: The guide starts with a section highlighting interesting facts and statistics on Dubai’s dynamic economy, future strategies, diverse talent pool, and fastest-growing sectors.

Ecosystem enablers: The guide provides valuable information about key ecosystem enablers, including accelerators and incubators.

Investor insights: It includes a visual guide to major investors, covering pre-seed to growth stages.

Business account setup: Entrepreneurs can explore the process of opening a business account in the emirate and find a list of startup-friendly local banks.

Navigating free zones: The guide delves into the diverse range of free zones in Dubai, with a map of the 28 tax-free business zones, outlines of various business structures, and explanations of different visa types.

Sector-specific guidance: The guide concludes with comprehensive one-page set-up guides for key sectors in the digital economy. It provides step-by-step setup guides, sector-specific accelerators, incubators, and sandboxes, essential regulations, and a list of relevant conferences and events.

Dubai Chamber of Digital Economy is dedicated to spearheading the economy of the future, bolstering the dynamic startup ecosystem, and creating the world’s most advanced digital infrastructure.

The chamber aims to enhance the contribution of the digital industries to the national economy, attract businesses, talent, and investors to Dubai.

Aspiring entrepreneurs can access “Building Your Business in a Dynamic City: The Entrepreneur’s Guide to Business Setup in Dubai” by visiting the following link: Download the Guide.

Establishing a company in Dubai’s thriving digital economy has never been easier, thanks to this invaluable guide provided by Dubai Chamber of Digital Economy.

As Dubai continues to grow as a global digital capital, entrepreneurs are well-equipped to seize the exciting opportunities that await. Download the guide today to embark on your journey to business success in this dynamic city.

For additional information and expert guidance on establishing your business in Dubai, visit Dubai Chamber of Digital Economy’s official website and explore the valuable resources available: www.dubaichamberdigital.com/wp-content/uploads/2023/10/the-entrepreneurs-guide-2023.pdf