5 Steps to starting a Cyber Security Business in Dubai

Be your own boss and Start cyber security company in Dubai. Dubai is quickly becoming a hub for cyber security companies due to the increase in demand for security solutions throughout the region and the need to protect sensitive data and documents from complicated threats. To kickstart your career in this booming industry, check out these tips that can help you set up and develop your business.

With a projected 35% share of the regional market and a turnover of USD 85 billion by 2024, the United Arab Emirates is expected to be the region’s most prominent technological hub. In conclusion, if you’re considering starting a cyber security company, the United Arab Emirates is a fantastic location.

Before establishing your cyber security organization in Dubai, consider the following information: This post will provide you with the necessary knowledge to begin operating your cyber security firm as soon as possible.

The following topics will cover in this article for your cyber security kick start:

Starting a cyber security company in Dubai has several advantages.
In Dubai, how do you start a cyber security company?: the first steps
The cost of obtaining a Dubai cyber security license.
Collaborating with the Crosslink International

The benefits of establishing a cyber security company in Dubai are numerous.

In locating your cyber security company in Dubai, you will enjoy several benefits.

The process of forming a corporation can be a quick and simple one. Depending on your company’s complexity, you can register with the DED in about two hours. Real setup takes four to five days on average.

Furthermore, international business owners might own a 100% stake in their company by utilizing several corporate arrangements. Companies are also exempt from paying corporation or income taxes in the United Arab Emirates (UAE).

Cyber-attack sophistication and prevalence increase as the internet expands to include everyday life, social relationships, and economic activities. In the first quarter of 2019, 1.1 million phishing assaults and 23 million malware incursion attempts in the United Arab Emirates alone.

Furthermore, given the nature of the data that the health and financial industries hold, they have been more specifically targeted. Government entities such as the military, labor, immigration, and licensing authorities may also be similarly targeted by hackers. If you properly set up and market your firm, you will never run out of customers.

Dubai’s desirability as a market for cyber security firms is boosted by its international renown, strategic geographic position, and supportive corporate culture.

In Dubai, how do you start a cyber security company? The first steps

Almost without exception, there is widespread agreement that the cyber security industry in Dubai has tremendous growth potential. However, you must follow a comprehensive and time-consuming method to get there. If you wish to create a cyber security business, you should consider the following procedures:

Step 1: Decide on a name for your company.

This procedure requires using your company’s name, a vital aspect of the legal process. In most cases, unless the firm is a subsidiary of another, the title should ideally reflect the essence of the business. Following strict naming restrictions are critical when naming a child in the United Arab Emirates. Names containing harmful terms or insulting any religion are prohibited under federal and state law.

Step 2: Choose a legal jurisdiction.

There are three economic zones or jurisdictions in Dubai: the Mainland, the Free Zone, and the Offshore. Each jurisdiction has its own set of business rules and regulations tailored to a particular corporation’s demands. Choose a jurisdiction for your company based on the services you require and the type of business you operate in.

Step 3: Establishing a legal framework

When starting a business in Dubai, selecting the most appropriate legal structure for your organization is critical. It lays the groundwork for dealing with gains and losses and managing your assets and resources in the future. You will not be able to apply for a business license unless you have defined the legal structure of your organization. A few examples of legal forms or business structures that can be registered in Dubai are the ones listed below:

It is a one-and-only establishment. Limitation of Liability: Limited Liability Company (LLC)
A branch of a free zone corporation
A branch of a local or international corporation

Step 4: Submit all of your documentation.

In most cases, the formation of a corporation and the awarding of a license occur simultaneously. However, there are several stages to the documentation and approval process.

Whether you work with a business formation firm like Crosslink International or file your application yourself, consider some things. You will require the following items to start your business:

The application form must complete.
A photocopy of your passport
The No Objection Certificate if a United Arab Emirates corporation employs you or any other shareholder.
A photocopy of your Emirates identification card
A legally binding Memorandum of Association that has been attested
A tenancy agreement for the office space that has been certified

If you have any queries concerning the prerequisites, please contact one of Crosslink International’s company setup managers for assistance. They can assist you in getting your firm up and running as quickly as possible while also ensuring that you comply with the law.

Step 5: Complete the visa application process.

So, we’ve reached the final stage of forming a company in Dubai. You can submit visa applications for your employees and family members simultaneously as your initial visa application. Given that the information is complete and accurate, the procedure is separated into four stages:

Obtaining a permit to enter the country
Changing your social media status
Having a physical examination
Obtaining your Emirates identification card and visa stamp

The cost of a cyber security license in Dubai is approximately $1,500.

Various factors determine the cost of establishing a cyber security company. They include the costs of licenses and visas, the prices of labor and insurance, and the location of your office. In Dubai, a cyber security license can cost anywhere between AED 12,000 and AED 30,000, depending on the level of protection desired.

It is best to speak with Crosslink International directly to estimate a more accurate price. For more detailed inquiries, we are happy to provide you with an estimate that is up to date.

Working with Crosslink International is a rewarding experience.

A highly regulated industry, cyber security requires a team of certified and experienced specialists to handle all government-related activities when it is first established. Starting a firm with the assistance of a business formation specialist such as Crosslink may be a quick, straightforward, and cost-effective process.

We are experts in providing solutions tailored to your specific requirements when beginning a business. We provide timely, trustworthy, hassle-free, and knowledgeable service.

Assisting with your company’s establishment in Dubai is merely the first step. Our company also offers a wide range of services, such as tax preparation, legal consultation, and human resource management.

The advantages don’t stop there, either. When you become a client of Crosslink International, you have access to a lively community of fellow businesses through our networking tool, which is available to all clients. You’ll have the chance to meet people in the local business community, network, and form long-lasting relationships.

Book our free consultations today and receive unbiased advice on UAE to Start cyber security company in Dubai(business formation). Our primary purpose is to identify the greatest possible fit for your requirements, so please take advantage of our services.

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