With an Emirates ID you become a legal resident in UAE and get access to several benefits like applying for driving license, opening a bank account, renting property and travelling to any country with ease. 

Depending on the business activities and licences, the minimum share capital can vary greatly between free zones and can range from as low as AED 1,000 to as high as AED 1,000,000. For free zones in Dubai, the average share capital requirement is AED 50,000.  

Foreign investors are now allowed to become full owners of specific businesses under UAE’s federal Commercial Companies Law. Foreign investors’ shares will no longer be limited to 49 percent, but can be 100 percent instead.  

It is now possible to start a business without a physical office location that acts as the center of the business. This depends on your business, your clients, and your employees exactly whether you want to open an office when you launch.

With instant licenses, business owners can obtain their commercial licenses within five minutes in one step. You can apply for all types of trade licenses like General Trading in Dubai, Technical Licenses, Professional Licenses, Contracting, Consultancy, Craftsman, Artisans, Import and Export etc. To know more about approved activities please visit the Dubai Economic Department site –  https://ded.ae/DED_Files/Files/activities.xlsx

You get up to 3 visa allocations including 1 partner visa when you start a business in Dubai. Depending on the type of business and office space, you can request for more visa allocations.