- Business setup in UAE is no easy feat and that too in the booming economy of the UAE. Many new company formation in Dubai take place every year. Are you reading up on various business policies for your company formation in uae? RadiantBiz provides solutions in regards to your company formation queries. We make your dubai mainland business setup dream come true. Let’s say you have done your research on the company licenses, banking policies, etc. but are still trying to find some insight on the challenges faced while doing business in the UAE. Without further ado, let’s rundown on some of the challenges faced. For starting a business in Dubai, you must understand the regulations in regards to forming a company in the region, trade license in Dubai formalities, banking prerequisites, visa, etc. The first step to set up your company would be to identify your business type and get an ownership license for that accordingly. The general consensus seems to incline more on obtaining a license for business setup in dubai mainland since it provides much more flexible options such as tax rate, office space, doing business freely across the emirates, etc. But understand what your company needs and choose wisely. Obtain and maintain the necessary documents and approvals. You have established your life-long dream of business setup service in Dubai and are feeling pretty good about it, rightfully so. But complying to all the prerequisites is not the only trouble you’ll have to go through. Managing your people and the work environment is at your hands. These are few of the challenges faced while doing business in the UAE. However, it goes without saying that the UAE is one of the best places to offshore company formation in uae.