Get a Business License in Dubai

We offer business setup services provide a comprehensive solution for entrepreneurs, eliminating the hassle and complexities often associated with business setup in the UAE.


Dubai which is an integral part of the United Arab Emirates has put itself on the map as one of the most significant investment hubs. This is perhaps one of the most justified reasons why business personalities worldwide consider this city as the epitome of investment. prior conditions can be named as follows: The availability of the infrastructures at the world-class level, the non-concessions on tax to the foreign investors, and the multicultural population make Dubai a promising area for international business organisations.

If there is one aspect that people invest a lot of time in, it is handling their finances in this fast-paced city, and therefore the choice of Best Foreign Banks in Dubai is decisive. There are so many that they may contain almost any kind of service needed by such organisations and people, but they focus mainly on international companies and persons.

Why is it more advantageous to choose an international bank in Dubai?

There are several compelling reasons to consider an international bank in Dubai:

  • Global Reach: The prominent of these is that these banks have branches all over the world, providing convenient ways to access your money irrespective of your location.
  • Diverse Products and Services: International banks provide for all clients’ corporations banking services, wealth and personal banking products and solutions that meet different needs in one place.
  • Multilingual Support: These banks cater to the multicultural audience and, as such, offer customer support in multiple languages, making the foreign client’s banking experience as seamless as possible.
  • Expertise in International Finance: International banks have extensive credibility, skills and insight into the management of different global financial mechanisms, which makes them a valuable source of expertise for your international business activities.

List of International Banks in Dubai 

Accompanying Dubai’s status as an international city with a rapidly developing economy is a particularly select group of foreign banks actively operating within this country, and each of them has its own well-defined advantages, as well as its individual set of services and products. Here’s a glimpse into some of the leading players: 

  • HSBC Bank: As one of the world’s leading global banks HSBC offers a staggering range of corporate and retail and private banking services that could meet the needs of most of the large global and individuals.
  • Standard Chartered Bank: Its strength is within the corporate/institutional banking discipline; thus, it can be best addressed to those enterprises, which require funds for import/export of products and services, together with treasury facilities.
  • Citibank: Citigroup, through Citibank, is amongst to the world’s largest banking companies; it provides businesses, financial partners, and the public conventional banking including; corporate, investments, and retail banking.
  • Emirates NBD: Emirates NBD is amongst the largest banks It is a UAE-based bank with some international operations that allow it to compete as a full-fledged international operation bank for both UAE and international clientele.
  • Barclays Bank: Barclays Bank being one of the players in the global banking sector it offers and functions along side with a long list of services in corporate and investment banking making it a good partner for global businesses.

Selecting the Best international banks in Dubai

When there are numerous global banks challenging each other in order to attract your financing, it becomes necessary to make a choice. Here are some key factors to ponder:

  • Your Banking Needs: Determine what products and services you need whether it’s corporate banking, wealth management or consumer banking products. It is crucial that you select a bank that provides you with services that fit your requirements in detail.
  • Fees and Charges: Determine the fees charged by various banks and compare the current fees for account maintenance, transactions and exchange rates.
  • Online Banking Services: In the current technological environment, sound financial applications in digital banking are mandatory. make certain that the online/mobile banking platform of the bank is as user friendly as possible in order to have easy access to your money.
  • Customer Service: Consumers have high expectations for how they are treated and attending to them is a critical success factor. Select a bank that has been specific in delivering the service in terms of its ability to answer the questions that might arise as efficiently as possible.

Read also: Get a Business License in Dubai

Understand your Financial Potential in Dubai

Through our affiliation with a highly accredited global bank in Dubai, that open all doors of finance to you. All these banks have all the help and assistance you need to manage and invest in international finances thus leaving you to work on your business success.

Can Quick Venture help you?

Quick Venture a professional Services Company In Dubai can help you in opening a corporate bank account with an international bank in Dubai. We will have to relay the instructions of the project to our team of experts who can advise on legal formalities, documentation and interacting with the bank for the project on your behalf. The decision-making process can be made easy and have maximum efficiency as our team of experts coordinates with the bank for the project on your behalf while the rest of the paperwork and legal formalities are explained to you and can be done by your end.

Let the potential of Dubai unfold

Being one of the most developed cities in the world with the best infrastructures established, and with the great option for international banks, Dubai is indeed a key domain for business. It is by selecting the most appropriate international bank that one provides himself or herself with all the necessary financial might and know-how to operate profitably in this vibrant economy.

Quick Venture, a trusted company formation specialist firm is here to assist you in your quest to setup a business in Dubai. To get the best from us, contact us today, and let us assist you to achieve your dreams financial.

Apr, 2024

Get a Business License in Dubai

There is an Aphorism in the business world – “One must be cautious of time when it comes to business and trade cause time is value and money, If you were seeking or searching to obtain a Business license in Dubai, then you have come across the accurate place. 

Since Dubai is the first and foremost choice of all traders and business owners, acquiring your business license ASAP becomes quite a mandate. The faster your registration process is, the quicker you start operating. It can take some days to receive your Visa, License, Office Space, documents, and other essential things  Let us unravel the step-by-step guide to gaining a Business License in Dubai

Procedural Steps for Business License in Dubai Free Zone 

  • First, You need to visit the dedicated website of the Dubai government that provides trade licenses and sign up there to create an account and raise your request. 
  • Secondly, deciding the type of trade license you want to get is your next task so that you can start working as a legitimate business in the UAE. A memorandum of association can be issued or a settlement document can work too. One can opt for an Instant License which can be obtained within 5 minutes, or a normal License which is given either via manual or electrical mode along with a site lease agreement. A company can be owned in several forms such as LLC-Single Owner, LLC, Civil, or sole ownership. There is another category of license called the DED trader license which has the principle of working as a sole ownership.
  • Thirdly, you will be required to select the service type and structure which can be any of two – Subsidiary or Procedural. 
  • Fourth, you have to visit any of Dubai Economy service centers now send your requirements through the email ID of the center, and make your payment. You have to also fill up the application form and submit it to the DED for your initial approval. You can now acquire your license.  
  • You can link your services to another like Reserving a trade Name, taking a trade permit to be issued, and renew your commercial license.
  • You need to take care of certain things from deciding a business model to all the prerequisites, name of your company, office space, location, contract, and legal structure as discussed earlier. 
  • Understand all the terms used in the entrepreneurial land of Emirates such as Mainland, Free Zone, Dubai World Trade Center, Dubai World Central, DCCA, DMCC, DIFC, DAFZA,  legal framework, and structure, etc. 

Cost of Achieving a Business License in Dubai Free Zone

Dubai free zone company setup cost depends on the different zones of Dubai. it is different for businesses to trade, grow, and scale. If we talk about Free Zones, then import & export will be best for there and if it is to acquire a license in Dubai Mainland, then an LLC company to target customers in a local market is suitable for this. The overall cost can vary since it includes and depends upon many things. However, there are certain categories in which you will be required to pay the fee such as;

  1. Registration Charges – this can cost you as low as AED 3,500 depending upon the company of type that you are registering for. 
  2. License Cost – It’s given for Free Zone which again depends upon the type of business activity you’ll be involved in. Dubai Free Zone License Cost will vary as per the Free Zones since it is different for each Free Zone. The cost for it will be somewhere around AED 10,000 to AED 50,000. It is also renewed every year or can last up to 3 years. A freelancer License can be availed too costing from AED 7500 to AED 10000 via the new GoFreelance scheme from TECOM Group. There are Non-Profitable licenses too which are commonly cheaper than Commercial ones that can be availed at International Humanitarian City
  3. Visas – These can be availed for Residential or working purposes at the time your business starts running. This can charge between AED 3,000 to AED 6,000 each person which is valid for 1 to 3 years. It will help open a bank account, rent, sponsor a family, and get a driving license.
  4. Office space – You can either get it on lease, rent, or buy. A fully furnished, semi-furnished, unfurnished, serviced, or unserviced can vary from AED 15,000 to AED 20,000 depending on your free zone.  

Read also: Unlocking the Potential: Starting Your Business in Dubai Free Zones


How Quick Venture Can Help You Attain Business License in Dubai Free Zone?

There are many legalities and legitimacy to be followed by business owners who wish to start a business in Dubai. It takes deep analysis and knowledge of hassle processes like visiting Dubai department, government agencies approval and license which is why it is preferred to hire a business consultant. However, we have provided the best information that we could. 

Quick Venture is all set to assist you since you are not alone in this process of obtaining a Business License in Dubai. We have veterans of the industry who are consultants, lawyers, PRO executives, and service providers having almost more than a decade of experience. 

We assist our clients starting from afresh and completely from scratch. Quick Venture caters to its clients with the tools, legal and financial guidance, requisite documentation and paperwork, and proper planning, from registration till you receive a Business License in Dubai. We have a different style of working since we start by asking about your needs, demands, goals, and vision and then align with the best solutions which is why we are the first choice by entrepreneurs for setting up businesses in Dubai. 

Reach us Now and get your customized consultation!

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About Quick Venture

Quick Venture Business Setup is a leading business setup firm in the UAE, specializing in simplifying the process of establishing businesses for a diverse clientele. With a dedicated team and extensive expertise, we guide clients through legalities, licensing, and market insights. Our commitment to excellence, transparency, and tailored solutions ensures a seamless journey for entrepreneurs and enterprises aiming to thrive in the dynamic UAE business environment.


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