How to Setup a Software Company in Dubai and the UAE?
How to Setup a Software Company in Dubai and the UAE?
How to start a software company in Dubai is an enquiry increasing over the last few years. As Dubai becomes the favourite place for entrepreneurs and business personas to setup a business in Dubai, the technology sector is also untouched by this trend.
We see that a vast number of new software companies are opening in the country across UAE. Due to this massive increase of software development companies, Dubai is now named the ‘Silicon Valley of the Middle East’.
Although Dubai is a great place to introduce your new enterprise, it’s also true that starting a new business requires deliberated planning; either you want to provide software services or submit a new idea in technology.
In this blog, you can find the details that can help you with the preparation of your Dubai company establishment a success.
Table of Content:
- Steps need to follow when introducing an innovative technology brand
- The documents need to submit as soon as you are ready to start your software company in Dubai
- The cost required while setting up a new software development business
- Benefits of Starting a New Software Company in Dubai
Here the whole thing is shared in detail that you should be aware of when you decide to start a software company in Dubai or any other place across UAE.
Steps to Start a Software Business in UAE
You must follow all the steps correctly while opening your software company in Dubai and the UAE. You need to complete the steps to avoid the process of a new business launch being stuck at any place.
- Decide a trading name
- opt your business location
- Elect your business nature and activities
- Prepare all the documents
- Submit your application
- Collect your business license
- Open a corporate bank account
List of Documents for opening a Software Company in Dubai
Documents are the most crucial part of the whole process of opening a software company in Dubai. Prepare all the papers suitably, as failing to submit correct documentation can delay the process.
Following is a list of documents you need to be handy to open your company:
- Trade name choices
- Business action plan
- Business owner’s Passport Copy
- Business owner’s Visa Copy
- Passport size photograph
- Office Location
Cost of Setting up a New Software Company in Dubai
Multiple factors collaborate in the cost of establishing a new business idea in the market. A single amount cannot be mentioned as a variety of factors are required to be considered. The estimated cost can be described as the initial amount to start a software business in Dubai. This includes around 15 to 20k AED. This cost is just an estimation of a few basic needs.
Benefits include when opening a software company in Dubai
Dubai is a perfect location for your technology or software start-up. You can be hopeful of numerous perks when initiating your software company in Dubai. Some of them are listed here for you:
- Low tax rate
When compared to other locations, Dubai offers a shallow corporate tax rate. A lower tax rate is one of the great benefits of setting up a software company in Dubai, UAE. You can quickly put back your business earnings into growing your new start-up.
- Market Accessibility for Software Business
Dubai market is easily accessible for software companies, and you won’t face any complications while doing business in Dubai. Especially the UAE time zone makes it accessible from around the globe, whether in Asia, Africa or Europe.
- The efficiency of doing business
You, for sure, would find an absence of complications while starting your software company in Dubai. The market is efficient and full of opportunities. UAE government policies and support are exceptional in the region.
- Openness to skilled workers
You can opt for many capable workers from around the globe if you choose to start your technology company in Dubai and the UAE. Dubai is a hub of expert hands worldwide that would help you grow your software company straightforwardly.
- Top Notch Framework
Fast internet, secure cloud servers, and well-organized office spaces are proven aspects of excellent infrastructure in Dubai. And all these are a need that software companies are accomplishing in UAE. You can easily use this beautiful framework as your new software company’s growth medium.
- Advantageous Networking
Dubai is placed at a location that connects it internationally. You can connect with overseas investors and multinational companies taking heed of investing in new technology companies.
As you can see there are lots of benefits you get after opening a software company in Dubai and the UAE. And steps looks very straightforward. Still a lot of things needs to be done to complete the business setup process error free.
Hence, it is common to feel procedures challenging while considering setting up your software business and taking it to new heights. This is why Avyanco business set up consultants are ready to help business mindsets like you.
With the help of business setup experts, you can focus on growing your business as we will assist you with each step of launching your new software firm in Dubai or anywhere in the UAE.
Source URL: https://ekonty.com/blogs/view/4658/how-to-setup-a-software-company-in-dubai-and-the-uae
