Digital Marketing Agency Setup In Dubai
Digital Marketing has taken the world by storm. The spending on digital marketing is expected to reach $375 billion by 2021. Digital marketing investment in the United States and the United Kingdom reached $52 billion last year. Global marketing spending is now estimated to be about $100 billion. Evidently, digital marketing is the next big thing, and the numbers speak for themselves. Hence, the Digital marketing agency setup in Dubai has really taken off.
The pattern is similar in the United Arab Emirates (UAE). According to the estimates, digital marketing agencies are growing at a pace between 25% and 40% annually. With such a huge rise, people in the region with the marketing skills and much-needed tenacity to operate a successful firm in this field will have a lot of chances. If that is you, there are a few things to consider before establishing a digital marketing agency setup in Dubai.
Steps For Digital Marketing Agency Setup In Dubai
We can assist you if you want to be your own boss and establish your own digital marketing company in Dubai. The stages of starting a business in Dubai are as follows:
- Step 1
Decide on a company name, register it, and make sure that it meets the UAE’s naming requirements. In your company name, there must be no derogatory or obscene language, as well as no allusions to Allah or Islam. If you want your name to appear in your business name, you must spell it out completely, not just your surname or initials. You should also confirm that the name you want to use is accessible for registration.
- Step 2
Decide where you want to start your business. A free zone offers a number of benefits, including full customs tax exemption, no currency limitations, and complete capital and profit repatriation. Mainland businesses are unable to make use of all of the advantages that free zones provide. Nonetheless, they are able to deal directly with the UAE market without the need of a service agency, and they are also permitted to take on government contracts, something neither free zone enterprises are permitted to do.
In most circumstances, especially for digital marketing enterprises, forming a corporation in a Dubai-free zone is more cost-effective than doing so on the mainland.
- Step 3
In Dubai, apply for a company license. If you’ve concluded that Dubai Mainland is a better location for your company, you’ll need to apply to the Department of Economic Development directly (DED). The majority of this procedure is done online. Alternatively, if you’ve settled on a free zone business structure, you can apply straight to the free zone of your choice. Because free zones are self-regulatory, you will need extra permissions to trade, which will speed up and streamline the process. This is one of the reasons why forming a free zone company is frequently the most cost-effective and easy way to start a business in Dubai.
- Step 4
Make an application for a corporate bank account. Dubai is home to a diverse financial sector, including both local and foreign banks. For international business owners, however, creating a bank account may be a hard process, so it’s advisable to enlist the advice of an expert who is familiar with the process and its criteria.
DAMAAR Business Setup Consultants will assist you in establishing a Digital Marketing company in Dubai. It’s as easy as pie to start a digital marketing business if you’re willing to do it right now. With our extensive experience, we ensure that your entrepreneurial adventure in the UAE gets off to a solid start.