Hi, im on tourist visa and applied an establish...

We would like to inform you that Foreigners may invest in the United Arab Emirates and can establish companies according to the following conditions:

1) Obtaining approval from the General Directorate for Residency and Foreigners Affairs (if you are a foreigner)

2) Obtain the approval of the Department of Economic Development and you can register the trade name by reviewing the following link:

 dubai ded

3) Selection of the headquarters of the company and it is necessary to show the lease contract at this stage which also should be certified by the Real Estate Regulatory Authority

4) Obtain the approval of the competent authority according to the type of investment, as follows:

If it is related to insurance, you need approval from the Ministry of Economy.

If it is related to transportation, you need the approval of the Ministry of the Interior.

If the activity is related to legal consultations, you need approval from the Ministry of Justice.

5) You then bring all the previous documents, go to the Department of Economic Development and pay the prescribed fees and apply for a license

6) After receiving the license, you should go to the Chamber of Commerce in the emirate it belongs to and register as a member of the Chamber.