How to Setup your business in TECOM Group?

Contents

What is TECOM Group?

Since 1999, the TECOM Group has been creating strategic, industry-focused business areas all around the emirate of Dubai. The TECOM Group is in a good position to continue contributing significantly to establishing Dubai as a major worldwide center for business and talent.

  • The Group offers approximately 7,800 clients and more than 100,000 professionals a diverse and specialized lease portfolio, which includes offices, co-working spaces, warehouses, and land.
  • The Dubai Development Authority (DDA), which is in charge of company registration and licensing, employee services, planning, and development, as well as creating and enforcing rules, has control over the locations and operations of the Group’s commercial areas.

How/Procedure to set up business in TECOM Group

  • Dubai Development Authority gives permits by cluster to business owners who want to open their doors in their specific industry in accordance with the nature of their commercial endeavors.
  • Establishing a business necessitates a thorough understanding of and adherence to all laws, decisions, rules, and regulations of the UAE and the Dubai Development Authority Free Zone when conducting its operations there.

Registration (FZ-LLC With Natural Person)/ Documents

Service fees 

  • Registration Fees: AED 3500

Duration

  • Stage 1: (Provisional Approval) – 10 Working Days
  • Stage 2: (Registration) – 02 Working Days

Freelancer License Registration (Sole Professional License)/Documents

  • The opportunity to work as a freelancer is provided by the Freelance license. The Permit establishes your status as a single practitioner and grants you permission to operate your firm under your own birth name rather than a brand name.
  • Valid passport copy of applicant with Residence Visa Page (if any)
  • NOC from external authorities according to the Licensing Categories Decision (LCD), Article 08. (If applicable)
  • Self-Declaration Form (applicable if holds a valid visa)

Service fees 

  • Permit Fees AED 7500.00

Duration

  • 2 Working Days

Registration (FZ-LLC With Corporate Person)/Documents

Service Fees

  • Registration Fees: AED 3500

Duration

  • Stage 1: (Provisional Approval) – 10 Working Days
  • Stage 2: (Registration) – 02 Working Days

 

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