Choose the kind of business activity that you want to conduct. According to UAE legislation, firms must engage in one of the authorised activities listed in the Commercial Companies legislation of the UAE.

Select a business structure that is appropriate for your company. Limited Liability Company (LLC), sole proprietorship, and partnership are the three most popular examples.

Before being used officially, the trade name of your new company must match the chosen activity and be approved by the authorities. The trade name must not already be in use by another person or be registered before it can be approved. Additionally, the trade name must not violate UAE public morality or public order.

Determine the location for your workspace. It could even be virtual. Wherever you choose, ensure it complies with the necessary rules and regulations by the relevant authorities.

Dubai's mainland licence includes opening a corporate bank account as a mandatory component. Businesses are required by law to keep separate accounts for personal and business expenses.

The UAE provides a wide range of options, including reputable foreign banks, reputable local banks, and digital-only banks. Entrepreneurs, start-ups, small enterprises, or huge international organisations can benefit from each in a different way.