How to start a business with minimum investment in dubai with UAE 1 # PRO Services within 15 minutes of license approval

Starting a business with minimum investment in Dubai and obtaining a license approval within 15 minutes is not realistic or possible. The business setup process in Dubai involves several steps and requirements that cannot be completed within such a short timeframe. However, I can provide you with a general overview of the process to start a business in Dubai with the assistance of top PRO services:

Research and Planning:

Conduct thorough market research to identify business opportunities that require minimum investment. Develop a business plan outlining your objectives, target market, and financial projections.

Engage the Top PRO Services Provider:

Partner with a reputable PRO services provider in the UAE. They will guide you through the setup process, handle the necessary documentation, and liaise with the authorities on your behalf.

Determine the Business Structure:

Choose the most suitable business structure based on your requirements and budget. Options include setting up a mainland company, establishing a free zone company, or operating as a freelancer or sole proprietor.

Trade Name Reservation:

Select a unique and appropriate trade name for your business and submit it for reservation with the relevant authority, such as the Department of Economic Development (DED) or the free zone authority.

License Application:

Prepare the required documents for your license application, including passport copies, business plan, and other specific requirements based on your chosen business activity and legal structure.

Office Space and Tenancy Contract:

Arrange for a physical office space if required by your chosen business structure. Prepare the tenancy contract and other necessary documentation.

Submission and Approval:

Submit your license application and accompanying documents to the relevant authority. The processing time for license approval varies depending on the business activity and authority involved. It typically takes several days to a few weeks for approval.

Visa Processing:

If you or your employees require residency visas, the PRO services provider will assist in processing the necessary visas and permits. This involves submitting the required documents, completing medical examinations, and adhering to immigration regulations.

Bank Account Opening:

Open a corporate bank account with a reputable bank in the UAE. Provide the required documents, including your trade license, passport copies, and visa details.

Ongoing Compliance and Support:

Rely on the ongoing support of the PRO services provider for compliance with legal and regulatory requirements. They can assist with license renewals, visa renewals, accounting services, and other administrative tasks.

While it is not possible to obtain license approval within 15 minutes, partnering with a reliable PRO services provider can significantly streamline the process and ensure a smooth setup for your business in Dubai.