4 Mistakes Foreign Entrepreneurs Should Avoid While Company Formation in Dubai, UAE
                     4 Mistakes Foreign Entrepreneurs 
Should Avoid While Company 
Formation
An Overview
The United Arab Emirates or UAE is one of the most ideal destinations for 
setting up a business in Dubai, UAE. Well, company formation in a land of 
opportunities requires proper documentation and other legal procedures. 
MPMS is a trusted and reliable project management company that helps 
in company formation in UAE Freezones. Consulting a professional project 
management company can help you dodge mistakes and set up your 
business successfully. 
Following are the top 4 mistakes that foreign 
entrepreneurs should avoid while setting up a 
company in Dubai, UAE:
01 Not Choosing the Right Business License
02 Lack of Written Contracts & Agreements
03 Business Activity at Unregistered 
Location
04 Failing to Renew Trade License in Time
Not Choosing the Right Business License
Getting a license is the first step in the process of company formation in 
the United Arab Emirates or UAE. In order to set up your business 
properly, you need to choose the right legal structure and license. Not 
choosing the right business license is one of the most common mistakes 
entrepreneurs do. 
Lack of Written Contracts & Agreements
You need to understand that all the agreements, deals, and contracts 
should be well-documented. Every business owner or entrepreneur 
should avoid verbal agreements as they may arise in a legal dispute. 
Business Activity at Unregistered Location
The location of your business should be registered and permitted by the 
government of the United Arab Emirates. Many business owners ignore 
this important aspect. 
Failing to Renew Trade License in Time
If your DED expires, then you are not allowed to trade in the United Arab 
Emirates. Thus, it’s imperative to renew the trade license on time. 
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