CONSTRUCTION BUSINESS IN DUBAI
Description
Construction business is one of the most flourishing business sectors in UAE. There is a competition in GCC Region for skyscrapers and Dubai is clearly in advance of all. The factor which considerably gave boost to construction business in Dubai is due to increase in number of overseas investors. Tycoons from around the globe are preferring to come to Dubai. This has led to a sharp boost in construction field; keep in mind the value of properties for this purpose is very high.
Procedures
Step 1- Choose Company Structure and Location
Decide the company structure whether its mainland or free zone.
Step 2- Apply for License
While applying for a license in mainland, you have to approach the DED or Department of economic development. The construction business requires a license under commercial type. According to your business activities, the license and additional approvals may differ. So, list down your business activities before applying for the license.
Step 3-Building Permit
It’s significant to achieve the building permit allowance for various business activities. It’s not an easy task, so you have to partner with business consultants in UAE and civil engineers to acquire the building permit.
Step 4-Other Necessary approvals and License
Construction Company in UAE should get their additional certificates and approvals from concerned authorities. For free zone license or company formation G+1 permit is mandatory, whereas mainland companies get similar allowance through this license. G+1 means G+1 permit – a crucial step towards laying the foundation of a residential or commercial structure.
Step 5- Understand Provision and Limitation
The UAE government offers advanced infrastructure, business supportive policies, and lenient taxation laws to empower the working ecosystem in the Emirates.
Step 6-Managing Visas and Bank Account
Essential Approvals Required
- Dubai Water and Electricity Authority
- Drainage and Irrigation Department
- Building Department and Dubai civil defense authority
Benefits
- Low cost on construction
- Easy License Acquisition
- Cheap and Easy Transportation facilities
- Supply of Skilled labors
- Rising investors.
Time Frame
License can be issued in 1-2 Weeks if all supporting documents available.
Cost
A license cost start from 10,000 AED to 30,000 AED.
Anuvi Business Solutions have an experienced team who can assist you in obtaining the Dubai customs code in a most efficient and hassle-free manner. Please call or send a WhatsApp message at +971504092494 or email us at info@anuvibs.com for more details and quick assistance on setting up a construction company in Dubai.
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