Starting A Home-Based Business In Dubai: A Guide

If you are a budding mumpreneur, you might consider starting a home-based business to supplement your household income. The UAE government has created a good working environment for home-based businesses and startups. Home-based businesses play an essential role in the UAE economy as well.

Starting a home-based business allows you to be more flexible with your time. This means you have enough time for your family. You also do not have to worry about paying rent for your office while starting, which can be a substantial initial cost for your business. Finally, you get to save on commuting to your workplace.

So how do you start a home-based business in Dubai? Here are vital tips you can follow to increase your chances of success.

Decide On Your Business Idea

The first step is deciding the type of home-based business you can start. Many home-based business ideas are available in different industries, but some have more home-based opportunities than others.

So how do you choose the best business idea to start at home? Here are some critical factors that you have to keep in mind:

• What skills do you have?
• How can the skills you have translate to an excellent business concept?
• Can you efficiently manage your business from home?

Write A Business Plan

Once you decide on a lucrative home business idea, you must prepare a business plan. The plan should include all the information you need to start your business. There are different approaches to a business plan, but it should consist of each of the following parts:

• A summary of the company
• A high-level overview
• A market evaluation
• The product of service in detail
• The financial estimates and plan
• A marketing and sales strategy

Choose A Business Name

Once you have completed your business plan, you need to choose the official name of your business. Choose a name related to your services or product and see whether it is available.

Apply for A Business License

The next step is registering your business with the UAE government. You will be required to get an e-trader license from your respective authorities. It is important to note that a home-based business license will differ from other businesses.

You will require a trade license for a home-based business from the Department of Economic Development (DED). With the trade license, you can integrate business activities and startups that operate online and on social media networks on the economic department’s database.

The criteria for a trade license registration include the following:

• The business owner has to be 21 years and older
• The project should exist in the Emirates of Dubai
• You must have an Emirate ID to complete the registration
• The trade license is only issued to residents only
• A trader can have more than one trade license
• The trader is only allowed ten activities per license
• The license is valid for only one year, but it is renewable

What Are the Benefits of Getting a Trade License for Home Base Activities in Dubai?

Some of the benefits of having a trade license other than operating your home-based business include:

• Allows you to have the necessary consultation to start your business
• Dubai chairman membership for all your commercial activities
• You can access the ‘Customer Client Code’ provided by Dubai Customs, which facilitates exports and imports.
• Have access to temporary employment services
• You will be able to participate in training workshops, exhibitions and conferences
• Your products will be displayed at the consumer points of sale at the Dubai Economy partners
• You will have access to optional working space

What Are The Legal Requirements For Starting A Home-based Business In Dubai?

The legal requirements are pretty straightforward. The process is designed with ease to allow the applicant to start their business activities fast. Here is all you need to start a home-based business in Dubai:

• Trade name registration
• Membership numbers from the Chamber of Commerce and Ministry of Human Resources and Emiratization
• Have the ability to hire employees
• Renewal of commercial or trade license for over 1000 commercial activities

Sell on Mumsbuzzar

Mumsbuzzar is an e-commerce platform designed to help you sell all your organic products and eco-friendly business services from the comfort of your home. Our platform is skillfully designed to allow us to market your business to your target audience and help you increase your sales. At the same time, you get to focus on providing your customers with high-quality products and services.

References and Resources

• home-based-business-dubai
• A-guide-on-home-based-business-in-the-uae