Do you have a brilliant business idea but can’t quit the day job? Guess what? You’re not alone in this. But, guess what?
How can an employed person in Dubai start a business?
It is advised to apply for an immediate license in order to launch a business while working in the United Arab Emirates. The actions that you must take are as follows:
- To obtain an immediate license, go to a DED counter. But, you must have the UAE pass if you want to apply independently. You must use your Emirates ID to register on the official portal in order to accomplish this. After that, you must edit your company profile on the DED website. To make sure that the government agencies are aware of your legal status in the United Arab Emirates, this is an essential step.
- This should be followed by filling up all the details that an account opening on the DED online website will require. You can take the services of business consultants from Fanar Advisor who can help you with this in a hassle-free and safe manner.
- The DED website will walk you through a few steps to get your instant license. You will have to furnish the trading name of your firm, the list of interested parties and the commercial operations desired by you. Furnish information about your UAE sponsor, with whom you have partnered.
- Then you need to sign and send the electronic MoA for the department’s approval. This, of course, can be done in paper-form too. Then you need to sign and send the electronic MoA for the department’s approval. This, of course, can be done in paper-form too.
- There will also be a need to demonstrate that you have received the permissions of your company partners. An automatic message requesting their approval is sent to your partners.
- The last step is to generate the license payment voucher. Once a voucher becomes active, just pay the required amount and you’re done.
Why would you want a NOC?
It is recommended that you get a NOC regardless if your sponsoring company is on the main land or free zone, or your business site of activity. In cases of conflict at a later time, the certificate from your sponsor will at least save you from additional trouble.
How to setup your business without NOC?
Businesses may reject your request for a NOC if they have other conditions. Many companies in the United Arab Emirates permit their staff members to engage in lawful side businesses, although some deny applications on the grounds of security and compliance regulations. But there’s no need for concern. By using the strategies listed below, you may still establish your business in Dubai:
- Leverage your spouse’s visa : So, if your employer declines your NOC request and you are in the UAE with your family, then you can use your spouse’s visa to establish the business you always dreamt of. Remember you can not run a business in Dubai with an employment visa if you are still in service. You, therefore, need to use your spouse’s visa and mention him or her as the managing director of the new company.
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Apply for Instant DED License : You can get an instant license from DED when you have a need to carry out business activities at any special legislation maintained by the Government. In that case, you are unable to submit any hard copies of your documents, and you’d rather be interested in obtaining an instant license. Make the best consultation with company formation consultants in Dubai.
Choose the Appropriate Free Zone Before Launching a Working Business
Even if your NOC is denied, and if you are not a dependent spouse of a resident in the UAE, you can still open a business and work. Doing what? Open a store in any of the following free zones, for example:
Sharjah Publishing City Freezone
Sharjah Research Technology and Innovation Park
Hamriya Freezone Authority
Sharjah Airport Free Zone
International Free Zone Authority
Dubai International Financial Center
Dubai Airport Freezone
Jabal Ali Freezone Authority
Dubai Multi Commodities Centre
Ajman Freezone
Ajman Media City Freezone
Creative City – Media Freezone
Ras Al Khaimah Economic Zone
Ras Al Khaimah Digital Assets Oasis
Khalifa Economic Zones Abu Dhabi
Any of these free zones can be chosen in accordance with the demands of your company and functional needs. The best part is that none of these areas require an employed person’s no-objection certificate in order for them to start a business in the United Arab Emirates. Independent contractors do not require the NOC from their customers in order to be able to launch a business in Dubai. And they can continue serving their clients without any hassle, and at the same time, they can run their business in accordance with their License.
Fanar Advisor is your trusted business partner –
It is permitted in opening a business in UAE while working under the condition that you comply with the law. Of course, you cannot open a business in the restricted area without NOC coming your employer. However, every one of your fears vanishes the second you have a conversation with Fanar Advisor Business Setup. Business experts at Fanar Advisor provide top-notch end-to-end service to ensure the smooth establishment of your business venture.
So, contact us. The first and foremost step you should take if you are aiming to start a business in UAE while you are employed: Let’s connect!
Call us on +971 52 359 5414 or email us at info@fanaradvisor.com.
Let us turn your dreams of being an entrepreneur, into reality—step by step.
