Start Software Company in DubaiPosted by world events on October 22nd, 2021 Dubai has many investment opportunities for individuals who want to start a company leading up to the Dubai expo 2020. In the IT sector, many large businesses have opened subsidiaries in Dubai, but the city also provides plenty of choices for smaller IT companies as well. The incorporation process is quite easy once all the requirements are met. In this blog, we explain the main requirements to abide by when setting up a software company in the lead-up to Dubai expo 2020. With the help of our agents in Dubai, the start of the software company in Dubai can happen quickly. Why Open Software Company in Dubai?The main reason you open a software company in Dubai is the lack of corporate taxes and the free return of profits if the company is set up in the Dubai free zone. Besides tax matters, the investors have access to a large pool of talented workers as Dubai has the most developed Internet infrastructures. From the business environment point of view, Dubai is very trusted, and you can start a software company in Dubai with the possibility of providing services to clients all over the world. The key reason for you to open a software company in Dubai leading up to Dubai expo 2020 is that digital technology has shown a lot of contributions for the development of Dubai and will also continue the same as:
Where can You Open Software Company in Dubai?According to the recent surveys, the Software industry in Dubai is set to grow considerably by Dubai expo 2020 dates. The IT sector in Dubai will generate 22 billion AED. As the population is more predisposed to use apps created by software companies, the annual growth of the software industry is expected to reach 3.5% by next year, Those interested in starting a software company in Dubai can register it in Dubai mainland or one of the Dubai free zones. Following are the free zones that were mainly designed to house software companies:
Requirements to Open Software Company in DubaiObtaining a Professional License for a Software Company in DubaiBefore setting up a business in Dubai, you must get a professional license that will allow you to engage in business activities. The professional license is provided by the Department of Economic Development (DED) in Dubai. The first step for receiving your license is to rent the services of a local agent who will deal with getting the employment visa, the license, and other documents that are required. The step for obtaining your professional license is your name reservation. The approval for this activity must be undertaken with the Department of Economic Development in Dubai. Software companies in Dubai can be registered as professional firms with full foreign proprietorship. Documents Required Starting a Software Company in Dubai
Cost to Start Software Company in DubaiThe cost for a Software professional license in Dubai mainland leading up to Dubai World Expo will be approximately AED 10,797. A small fraction i.e., 2.5% of the annual rent of the office will be added along with the license fees, which will be your market fee. The office cost will be added based on the location and size of both licenses. You can also register your office as a shared office, which can minimize rental costs. For a free zone company, your license fees will vary based on the free zone jurisdictions. In Dubai free zones, the license fee is starting with AED 12,000, and the office rental cost will be additional. We provide all kinds of solutions for Events Management and Exhibition Stands construction. We provide in-house fabrication facility for customized, innovative, inspiration and perseverance are the core of World EMS’s culture. As an event organizer based in Dubai, we truly believe anything can be accomplished given creativity, innovation, and planning. Like it? Share it!More by this author |