Digital marketing expenditure and the United Kingdom reached $52 billion last year. This has resulted in global marketing spend of around $100 billion. When you look at the numbers, it's clear that this is a booming market. And it's only getting bigger.
In the United Arab Emirates (UAE), the digital marketing industry is expected to grow at a rate ranging from 25% to 40% per year. Such a significant increase creates tremendous opportunity for those in the region who have the necessary marketing skills and determination to run a successful business in this sector. If this describes you, there are several factors to consider before launching your digital marketing agency in Dubai. Here in this article we'll look at everything you need to know about Starting a Digital Marketing Agency in the UAE.
Obviously, there are numerous advantages to starting your own business and becoming your own boss, including increased freedom, greater control, and potentially higher earnings, to name a few.
Why start a digital marketing agency in specific? And why is it in Dubai?
Perhaps the most important factor in launching your digital marketing agency is that you are well-versed in the industry. Perhaps you've been working at an agency and thought to yourself, "I could do this myself."
If you understand digital marketing ? from SEO to analytics and digital ads ? you only need a laptop, the internet, and a killer web presence to get started in this industry.
The latter is extremely significant. You'll need to make sure you're easily found in the competitive world of digital marketing. If you're promising prospective clients that you'll make them stand out in the digital world, it's essential that your company does the same.
How to Set up a Digital Marketing Business in Dubai?
We can assist you if you want to be your own boss and run your own digital marketing agency in Dubai. Opening a digital marketing agency in Dubai can be one of the most rewarding ventures you will ever engage in.
Here are the steps to set up a business in Dubai:
Choose and register a company name that complies with the UAE's naming criteria. Your company name cannot contain any offensive or profane language, nor can it contain any references to Allah or Islam. If you want to use your full name in your business name, rather than just your surname or initials, you must do so. You should also make sure that the name you want to use is available for registration.
Select whether you want to establish your business on the Mainland or in a freezone. If you choose a freezone, you will receive numerous benefits such as full customs tax exemption, no currency restrictions, and full relocation of capital and profits. Mainland businesses are unable to take advantage of all of the benefits provided by freezones. Nevertheless, they are permitted to trade directly with the local UAE market without the use of a service agent and to accept government contracts, which both freezone businesses are not permitted to do.
In most cases, especially for digital marketing businesses, establishing a company in a Dubai freezone is more cost-effective than establishing a company on the mainland.
Apply for a business license in Dubai. If you have decided that Dubai Mainland is a better location for your company, you must file directly to the Department of Economic Development (DED). The majority of this procedure is carried out online. Alternatively, if you have decided on a freezone company structure, you can submit your application directly to your preferred Freezone. Because freezones are self-regulated, you must obtain additional approvals to trade, making the process faster and more efficient. This is one of the reasons why establishing a freezone company is frequently the most cost-effective and simple way to start a business in Dubai.
Fill out an application to open a corporate bank account. Dubai is home to a varied range of banking institutions, including both local and international brands. However, opening a bank account may be a difficult process for foreign business owners, so it is best to make your application with the assistance of a specialist like Dhanguard who is familiar with the process and its requirements.
Here is the following list of freezone to learn which businesses are most likely to prosper, as well as how easy it is to set up a firm in the UAE.
Starting a digital marketing agency is a piece of cake if you're willing to do it right now. That being said, it does necessarily require some prior knowledge of the process. Furthermore, it is essential to note that the application process would be only simple if your license application is complete and error-free at the time of submission. Dhanguard can assist you in establishing a Digital Marketing firm in Dubai. With our extensive experience, we ensure that you have a successful start to your entrepreneurial journey in the UAE.
Dhanguard provides the business setup and company formation services in Dubai, UAE with the guidance of our professional team of consultants. Faster and hassle-free company setup in Mainland and Freezone in UAE.
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