From record skyscrapers to diffusion resorts, Dubai is home to some of the most friendly construction projects in the world. The industry has seen record performance in recent years, already measure that companies and governments are increasingly looking for sustainable practices and technology, the construction business is only getting bigger and better. For specialists in this field, the market is ready for success: you just need to know how to unlock it.
How to start a construction company in Dubai: step by step
Dubai authorities have simplified the business configuration process in Dubai to facilitate entrepreneurs to establish and climb their businesses. This is what should expect from the process in five simple steps:
Step 1: Choose a commercial structure
There are several commercial structures to choose from Dubai, but three of the most popular options include the configuration of the free zone, the continent and the company on the high seas. The configuration of the company on the high seas is more suitable for companies that operate outside the region, so if you hope to reside in Dubai Free Zone and the continental structures will be the best options for you. Both sacrifice significant advantages. The free zones sacrifice the commercialized commercial configuration and the specialized support, the important tax exemptions and the easy commercial access outside the region, while the configuration of the continental company sacrifices the flexibility of collecting government contracts and operating anywhere within the region.
Step 2: Record your business
Once you have confirmed what type of business you plan to execute, you must register your business in the Economic Development Department. A good reputable commercial configuration consultant as Set Hub can help. We always recommend working with a configuration service that understands the nuances of the local environment.
Step 3: Request your commercial license
All companies require a commercial license to legally operate in the EAU. Construction companies require a construction or hiring license. This process implies completing and sending a application form, together with a selection of documents that include passport copies, business plans, visa copies and a record of commercial names. It is also possible that you must obtain an additional approach from more specific authorities, depending on the type of construction work that plans to carry out.
Step 4: Ensure your office, warehouse and storage facilities
Construction companies generally require physical office space in Dubai. You must also ensure a wide warehouse and storage space for your heavy equipment, raw materials, vehicles and machinery. All these elements require safe storage space, protected by the climate and easily accessible that can prevent heat, sand and extreme humidity of Dubai. Consider choosing a location specifically designed for heavy -use industries located near the main roads, ports and future project sites to guarantee faster logistics, easier transport of materials and better access to labor.
Step 5: Starting operations
To start its commercial operations, you must open a corporate bank account (which requires an identification of Emirates), contract for labor and qualified technical personnel and establish supply and compliance systems.
There is no need to do everything on your own, thought. A good reputable commercial configuration consultant will be guided through the entire process, from obtaining licenses and ensuring the office space to find the perfect warehouse and guarantee compliance so that the trip is without problems and without Hasle.
Construction business in Dubai: general description
According to recent statistics, it is projected that the EAU construction industry will expand by 5% during the next year, thanks to the growing demand for residential housing and public infrastructure projects. Dubai attracts high -level network people thanks to the high quality lifestyle in sacrifice, which in turn has been promoted a shortage of luxury homes and demands to rectify this, quickly. The government has also committed significant funds to improve public infrastructure, with the introduction of huge scale projects such as the blue line of Dubai Metro.
Robotics, automation and data are also transforming the industry, partly in the United Arab Emirates, which has been quickly to adopt these technological advances. Innovations such as building information modeling (BIM) improve planning, design and execution of the project, while IoT, AI and drones are rationalizing the process by allowing real -time monitoring, predictive programming and precise survey.
For those looking for capitalization in this wave, now is the time to make a movement.
Benefits of starting a construction business in Dubai
So why choose Dubai as the best basis for your construction business?
Robust real estate market
Dubai has a great attraction for international investors and residents, which promotes the high demand for real estate, particularly in the luxury market. This, combined with initiatives such as the Golden Visa program, has resulted in an increase in properties and rental sales, which in turn promotes a constant demand for construction services.
Access to high profile projects
Dubai is known for its iconic construction projects, from the highest tower in the world to some of the most luxurious resorts in the world. The opportunities to work in historical developments abound in Dubai, helping those who work in the sector to improve their profile, enjoy important financial returns and position themselves as key actors in the global construction industry.
Strategic location in the heart of three continents
Dubai is at the crossroads of Europe, Asia and Africa. This strategic location sacrifices the easy access to international markets, which makes it the ideal basis to expand operations in the Middle East and in emerging markets. In addition, the city has a fantastic logistics infrastructure, which makes it even easier to facilitate cross -border collaborations.
Advanced Construction Technologies
For the ambitious entrepreneurs anxious to incorporate the latest technologies in their business model, Dubai is ideal. The city has adopted innovations such as building information (BIM), 3D printing and smart construction solutions, and undertakes to become a digital region first.
Fiscal and business political incentives for business
Dubai is one of the best places in the world to do business. Entrepreneurs and investors can enjoy important tax benefits, such as the Zero Personal Income Tax, low corporate tax rates, exemptions from capital gains tax and minimum customs duties. In addition, the city has simplified business configuration processes and a regulatory support framework to facilitate entrepreneurs to establish and grow their construction companies.
Start your construction business with Set Hub.
Set Hub is a leading commercial configuration consultant in Dubai and has helped 25,000 successful companies in the EAU. Our Comprehensive Services set guarantees that each aspect of its business trip is handled with care and experience, from licenses and configuration of the company to offices and bank rentals.
Our personalized and dynamic approach provides personalized solutions to meet your unique commercial needs, ensuring a soft and efficient configuration process. If you are ready to start a construction company in Dubai or want to find more how we can help, contact our friendly team of advisors today.
