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Preparing to open a business

Before starting the formal procedures of obtaining a trade licence, you will want to be sure every aspect of the new business has been planned. New businesses will need start-up funds, either from friends and family, or from lending institutions. Each bank has different requirements for business loans and business banking services, so it’s important to find a bank that suits your needs.
 
If your future business is in a new field or this is your first business, it might be a good idea to take a basic course in business management or a course specifically designed for the market you’re trying to reach. Most of the major universities in Dubai offer masters of business administration programmes. There are also several training institutes that run business-related workshops throughout the year.
Most importantly, it’s important to understand Dubai’s commerce laws before you get started. The Department of Economic Development is a good resource for researching the laws that will affect to your business.
 

 

Published Date : 13/06/2017Back

RELATED GOVERNMENT ENTITIES

Dubai Chamber of Commerce and Industry
Department of Economic Development
Dubai Customs
Department of Tourism and Commerce Marketing
Mohammed Bin Rashid Al Maktoum Foundation
Dubai Airport Free Zone
Dubai Healthcare City
Dubai International Financial Centre
Dubai Internet City
Dubai Media City

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