Starting an interior design company in Dubai, UAE is a smart investment. The interior design industry is growing in the real estate and construction sector, and Dubai offers vast opportunities for interior design firms.
Developers, homeowners, and businesses in the region are constantly seeking skilled interior designers to create distinctive and innovative spaces. If you’re passionate about interior design or have expertise in the field, starting an interior design company in Dubai is an excellent choice.
There are various options and pathways for establishing your interior design company in Dubai.
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How can I start an interior design business in Dubai?
If you do not have previous experience starting an interior design company in Dubai, then the steps in the registration process might be a little confusing to you.
However, do not worry, you can easily start your dream company here with the help of Company Setup experts. They will complete the company formation in Dubai and all you need to do is provide some documents.
Here are the steps required to establish an interior design company in Dubai:
1. Select a Company Structure
The first step is to select the company structure of your business. Some of the popular company structures in Dubai are sole proprietorship, general partnership, limited liability company, etc. The company structure of your business is its legal form that will dictate its future, so select carefully.
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2. Register a Trade Name
The next step is to register the trade name of your business. You need to select a name that does not already exist in the general journal of the UAE. The name may be in use in other countries in the world but as long as it is available in the UAE, you can go for it.
3. Get the Initial Approval
After you complete the previous steps, you need to get the initial approval from the Department of Economic Development in Dubai, which is the governing body for the registration of new businesses in Dubai.
4. Rent an Office Space
To obtain a business license in Dubai, you need to rent an office space. The tenancy contract and EJARI you receive after renting office space are mandatory for starting an interior design company in Dubai.
5. Get the External Approvals
After you have rented or leased office space in Dubai, you need to get some external approvals from various government and non-government agencies. The external approvals that you will require will depend on the business activities you want to perform in Dubai.
6. Submit the Required Documents
Here are the documents you need to start an interior design company in Dubai:
- The filled-up application form for the license.
- Detailed and precise business plan.
- Copies of the passports of all the shareholders.
- The Memorandum of Association.
- Board resolution.
- A No Objection Certificate if you have any sponsors.
7. Get Visas
After obtaining the business trade license in Dubai, you can apply for your visa and the visas of all your family members and a domestic worker. You can also sponsor a number of your employee’s visas depending on the size of your office space.
8. Open a Corporate Bank Account
The last step is to open a corporate bank account. Take sufficient time researching various financial institutions to see which one fulfills your needs the best. After opening a corporate bank account, your interior design company in Dubai is ready to perform its business activities.
Documents Required to Start an Interior Design Company in Dubai
It is pretty common to make a mistake when submitting documents if you do not have a clear idea about the requirements and regulations. You will need to be careful, as submitting the wrong documents may result in immediate rejection. Our expert consultants can guide you through the whole process and make sure that you have all the required documents ready for submission to avoid any kind of hassle.
Getting Initial Approval for an interior design company in Dubai:
- Completed license application
- Properly prepared business plan
- Copies of the passports of shareholders
- A copy of the Incorporation certificate
Once you receive the initial approval from the authority, you will need to submit the following documents to complete the registration process:
- Company registration application form.
- Attested as well as Notarized MoA (Memorandum of Association).
- Post-dated checks.
- The Resolution is passed by the Board of Directors.
- Notarized certificate of incorporation’s cop.
- A NOC (No Objection Certificate) from the present sponsor.
Cost of Starting an Interior Design Company in Dubai
You will need to consider several factors like the size of your company, the cost of obtaining a business license, the location of your business operations, cost of renting or leasing an office space, among many others, when calculating the cost of starting an interior design company in Dubai. Overall, it will cost you around AED 16,000 to form an interior design company in Dubai.
Benefits of Starting an Interior Design Company in Dubai
Before learning about how to start an interior design company in Dubai, let us look into why you would like to begin an interior design company in Dubai. There are various reasons why Dubai is the perfect place for starting a company and more reasons why Dubai is the perfect place for interior design companies.
Here are the reasons you would like to start an interior design company in Dubai:
1. Increased Demand for Commercial and Residential Buildings
The growing construction and real estate industries result in an increased demand for interior design services. As more commercial and residential buildings are being developed, there is a need for skilled interior designers to enhance their aesthetic appeal.
2. Wide Scope for Design Works due to Multicultural Audience Base
Interior design offers a diverse range of creative opportunities as there is a multicultural audience base with varied tastes and preferences. This allows interior designers to explore different styles, themes, and design concepts to cater to the needs of a wide range of clients.
3. Easy Availability of Interior Suppliers and Contractors
Setting up an interior design company is advantageous as there is easy availability of interior suppliers and contractors. This facilitates the procurement of materials, furnishings, and accessories needed for interior design projects, ensuring smoother operations and timely completion.
4. Strong Infrastructure
Dubai is one of the most advanced cities in the world. It has the most advanced infrastructures among the big cities in the Middle East. As a result, your interior design company in Dubai will have access to the latest technology that will help you take your craft to the next level.
5. Availability of Freelance Licensing for Designers
Freelance licensing options are often available for interior designers, allowing them to operate independently and take on projects without the need for a formal company setup. This flexibility enables designers to pursue their passion and showcase their skills while maintaining a suitable work-life balance.
6. Easy Setting up of Office Space and Professional License from Free Zones or Mainland
In many jurisdictions, setting up an office space and obtaining a professional license for an interior design company is relatively straightforward. Free zones and mainland areas often offer simplified processes, attractive incentives, and a supportive business environment to encourage entrepreneurship.
7. Lower Taxes for Business Operations:
Some regions may provide tax incentives or lower tax rates for businesses, including interior design companies. This can help reduce operational costs and increase profitability, allowing the company to invest in its growth and offer competitive pricing to clients.
Can I start my own interior design business?
Absolutely, you can launch your own interior design business if you possess the talent and confidence. Take the initiative, craft a solid business plan, and showcase your capabilities to the world. In today’s entrepreneurial landscape, opportunities are abundant. If others can succeed, so can you. Start your own interior design business and demonstrate your true potential.
What are the start up costs for an interior design business?
Initiating your own interior design business may require a startup investment ranging from $500 to several thousand dollars. Initial costs might not all be affordable at once, but as your interior design business expands, consider increasing your investments to foster growth.
How can Company Setup Consultants help you?
If you are looking to start an interior design company in Dubai, then you are in the right place. Company Setup consultants have years of experience starting interior design companies in Dubai. They are also experts in setting up businesses in many other sectors. Contact us today and hit the ground running.
For further information and assistance on How to Setup an Interior Design Company in Dubai, UAE. To Speak with our Experienced Business Consultants for further information and assistance, call us at +971582595164. Send a WhatsApp Message for Chat Query on +971 582595164 or email us at info@companysetup.ae.
