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How to open a company with a commercial broker licence in Dubai, UAE
The United Arab Emirates is attracting an increasing number of foreign investors due to its world-class infrastructure, technological advances, developed business environment and the presence of many promising areas of activity. In particular, Dubai is becoming a popular destination for property investment. The region is famous for its large number of developers with a reputation in the global market, active construction of residential and commercial premises and high return on investment. Especially foreigners are attracted by the possibility of obtaining a resident visa from two to ten years for large property investments.
Due to the high popularity of buying property in the UAE, the demand for the services of commercial brokers is also increasing. And the broker can provide any services related to the conclusion of transactions. For example, in the field of finance or insurance services. In essence, it is an intermediary that helps the buyer and seller to successfully complete any transaction.
To start a business as a commercial broker should be with the selection of a suitable licence, which is issued by the Ministry of Economic Development in the case of registration in Mainland or the administration of the selected free economic zone. Next, it is necessary to choose the name of the company in accordance with the requirements of the legislation.
Depending on the specific industry, courses will be required to obtain a licence to operate. For example, in the case of real estate transactions, training from the Real Estate Regulatory Agency will be required. Once you have obtained the relevant certificate and licence, you can start the process of applying for a resident visa and ID. If your company will be hiring employees in the future, it is worth registering it with the Ministry of Labour.
To start a business as a commercial broker should be with the selection of a suitable licence, which is issued by the Ministry of Economic Development in the case of registration in Mainland or the administration of the selected free economic zone. Next, it is necessary to choose the name of the company in accordance with the requirements of the legislation.
Depending on the specific industry, courses will be required to obtain a licence to operate. For example, in the case of real estate transactions, training from the Real Estate Regulatory Agency will be required. Once you have obtained the relevant certificate and licence, you can start the process of applying for a resident visa and ID. If your company will be hiring employees in the future, it is worth registering it with the Ministry of Labour.
Openbiz specialists can help you gather all the necessary documents and quickly complete the registration process. Sign up for a free consultation and find out how to open a company with a commercial broker's licence in Dubai.
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