Home-based businesses are becoming increasingly popular in Dubai. More and more businesses are breaking the confines of the conventional office. Moreover, the pandemic also made many people well-versed in working from home. Dubai is one of the greatest destinations in the world for home-based businesses because of its tax exemptions, competitive economy, strategic position, avant-garde infrastructure, modern technology, and many other advantages.
If you want to reward the entrepreneur inside you with the finest of the facilities, a home-based business in Dubai appears to be a promising decision. But, before you begin, you will require a home business license. Here's everything you need to know about a home business license In Dubai.
Benefits of Starting a Home-Based Business in Dubai
A home-based business is a venture that you can start and operate in your own home as your base of operations. Setting up a home-based business in Dubai comes with a host of benefits.
1. Flexible Operations from Home
A home-based business allows you to launch and manage your venture from the comfort of your own home, offering a convenient and flexible work environment.2. Increased Demand for Freelance Services
According to a survey by Bayt.com, nearly 87% of freelance professionals reported an increase in demand for their services since the Covid-19 outbreak, with 78% eager to take on more freelance work in 2022.3. Leverage Social Media for Marketing
With 99% of the UAE population active on social media, you can effectively market your home-based business using various platforms to reach your target audience.4. Access to B2B Opportunities
The presence of numerous companies in both the mainland and free zones provides ample B2B opportunities, allowing for collaboration and growth.5. Cost Savings on Commuting
Operating from home eliminates commuting costs, allowing you to invest those extra hours into expanding your business.6. Reduced Startup Costs
By running your business from home, you avoid expenses associated with office space, such as leasing, furnishing, and setting up office equipment, significantly lowering your startup costs.7. Advanced Technology and POS Systems
Dubai, known for its technological advancements, offers reliable Point of Sale systems and other essential tools to streamline your home-based business operations.8. Convenient Logistics and Supply Chain Access
With Dubai's strategically located seaports and airports, logistics are simplified, allowing easy access to manufacturers, producers, and suppliers.9. Complete Control and Tax Benefits
You have full control over your home-based business, with the ability to fully repatriate income and capital invested. Plus, Dubai's tax-free environment means you won’t incur any business taxes, maximizing your profits.How to Obtain a Home Business License in Dubai?
You will have to go through a simple, streamlined process to obtain a home business license in Dubai. The license would authorise you to operate your home-based business in Dubai legally. These steps will help you understand how to apply for the license.
1. Decide the Business Activity
The first step in acquiring a home-based business license is to choose a business activity. The United Arab Emirates permits a wide range of business activities. It takes a lot of time with consistent hard work to get your business running. So, pick a business activity that you can carry out confidently.
2. Register the Name
The name of your home-based business will reflect its identity. So, choose a suitable name for your home-based business.
Avoid using any obscene or blasphemous name. Avoid well-known corporate names and acronyms if you are naming your home-based business after yourself. Check if the name you want to use is available for registration. Then, register the name of your home-based business with the concerned authorities.
3. Decide Your Company Structure
It's vital to choose a proper company structure for your home-based business. An appropriate company structure is a crucial factor when it comes to your home-based business success, growth, and profit. It ensures that responsibilities are clearly defined.
Thus, select a suitable structure for your business. The structure could be a Sole proprietorship or Limited Liability Company (LLC).
4. Apply for the Licence
Make sure you apply for the appropriate license for the activity your home-based business will be performing. If you have decided that the Dubai mainland is a preferable location for your home-based business, you can reach out to Shuraa Business Setup.
Alternatively, if you have decided on a free zone location, you can apply directly to the free zone of your choice. You do not need additional approvals to operate in free zones because they are self-regulated, making the procedure faster and more efficient. A home-based business does not need a separate space as its office location. However, there are many other important conditions to meet before applying for the license.
5. Get Your Home-Based Business Licence
You can receive your home-based business license once you have concluded all the steps successfully.
Documents Required to obtain a home business license in Dubai
You have to submit some documents before you start the process of getting a license for your home-based business. Correct and valid documentation will prevent any obstacles in the application process.
Following are some of the documents you will need to submit to the concerned authorities:
- Copies of passports and visas of you and your partners
- Two colored passport-size photographs of you and your partners
- Entry visa and stamp pages
The home-based business owner should meet some conditions before applying for a home business license in Dubai. The experts at Shuraa Business Setup can assist you with the complete list of conditions, required documents, fees, and other aspects.
What Is the Cost of Getting a Home Business License In Dubai?
The cost of a Home Business License In Dubai varies from AED 12,000 to AED 25,000, depending on factors such as jurisdiction, types of licenses, visa requirements, and office rent. So providing a precise figure is impossible. However, the UAE authorities being extremely cooperative ease getting a home business license in Dubai.
Experts at the Shuraa Business Setup will assist you in understanding the license prices. They would also ensure that you do not spend more than required.
Start Your Home Business With Shuraa
Although the process of setting up a home business is comparatively easy and straightforward, assistance from experts will do no harm. Shura's skilled consultants will walk you through the process of obtaining a home-based business license. We will also guide you through the most recent government regulations.
Also, Shuraa experts will provide you with an updated and detailed list of documentation you will need to submit to the relevant authorities. We will also help you organise them and get additional permits if needed. Shuraa Business Setup will ease the process of starting a home business in Dubai. To get started, simply get in touch with us!
