Starting out in Dubai

Setting up your own business should be an exhilarating experience but it can also be a daunting one: even more so when you’re setting up business in a foreign country. Fortunately, by choosing Dubai you have chosen one of the most the competitive and vibrant commercial locations in the world today.

Dubai has established a global reputation as a wealth generator and investment stronghold. With its world-class infrastructure, business-friendly environment and strategic location​ for the high growth markets in the Middle East, Africa and South Asia, Dubai is a natural choice for business expansion and new initiatives.

In addition to key established sectors such as manufacturing, logistics and travel, information technology, retail, tourism, healthcare, education and financial services, Dubai’s progressive and enabling environment continues to act as an ideal launch pad for many different types and sizes of businesses.

Sovereign Corporate Services offers a range of high value advisory and support services to assist foreign market entry. Rather than spending valuable resources working out how to start your business, Sovereign can reduce your business start-up time by assisting you to:

  • Analyse the potential of the market;
  • Formulate business and marketing plans to secure funding;
  • Choose the right legal structure for your business;
  • Secure your trade licence and residency visas;
  • Locate suitable premises; and
  • Identify any regulatory requirements applicable to your business.

That is just the start. Sovereign also provides specialist expertise in management and administration — from full back-office outsourcing to tax and regulatory compliance — as well as offering comprehensive pensions and insurance solutions.

Sovereign has developed a successful base here in Dubai and created a strong, stable team. We can take the uncertainty out of decisions that you will need to make by supplying you with authoritative, current and relevant information. We also provide a ready-made business networking platform to help clients grow their new businesses quickly and securely.

It is quite noticeable that the airports are busier than ever before. People come to Dubai from all around the world every year to look for a new life or seize a new business opportunity. Dubai has always welcomed people and businesses and its enlightened commercial policies allow them to contribute to the country’s success whilst also reaping the benefits of success themselves. As a result thousands of expat businesses are flourishing and bringing employment as well as billions of dirhams each year from set-up costs, licence and registration fees and taxes.

Sovereign opened its first office in Gibraltar in 1987 and has since developed into one of the largest independent trust companies in the world. We currently manage over 12,000 structures for a range of clients — companies, entrepreneurs, private investors or high net worth individuals — and have assets under administration in excess of US$5 billion.

Operating in Dubai since 1998, Sovereign has forged a formal strategic partnership with Dubai FDI, the dedicated investment development agency within the Government of Dubai’s Department of Economic Development (DED). It is also a registered agent for the free zones of the United Arab Emirates, including Ras Al Khaimah (RAK) and Jebel Ali. We have further expanded our presence in the Gulf States by opening offices in Bahrain.

These days, thanks to the Internet, everything is within easy access. A click here, a search there, and you can find information in a matter of minutes. But that is no substitute for the insight and context that local, on-the-ground knowledge can bring to your business. Let Sovereign act as your ground crew and pilot to make sure that your project gets off the ground as swiftly and smoothly as possible.

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