While opening a business in Dubai, either in a free trade zone or as an onshore company with an EAU sponsor has become easier, it is still not without its challenges. Most first-time investors in the EAU should set a priority to work with an experienced corporate law firm to assist in streamlining the application and also avoiding the common pitfalls that can complicate and delay the approval for the new business.
While being a foreign investor in Dubai offers a range of possibilities for business growth, building new markets and expanding the scope of the business, it is also a very different experience for most investors and business owners.
In the United Arab Emirates, there are two basic options for business ownership for those that are not UAE nationals. One option is to work with a national who will be a sponsor for business. The other is to open a business in one of the designated free trade zones or free zones within the UAE.