United Arab Emirates

Ease of Doing Business in

United Arab Emirates

This page shows summary Doing Business 2012 data for the United Arab Emirates. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Middle East & North Africa
Income Category High income
Population 4,707,307
GNI Per Capita (US$) 59,716.85
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
33 35 down 2
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 42 45 up 3
Dealing with Construction Permits 12 12 No change
Getting Electricity 10 10 No change
Registering Property 6 5 up -1
Getting Credit 78 75 up -3
Protecting Investors 122 120 up -2
Paying Taxes 7 7 No change
Trading Across Borders 5 3 up -2
Enforcing Contracts 134 133 up -1
Resolving Insolvency 151 151 No change

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 42 DB 2011 Rank 45 Change in Rank up3
Indicator United Arab Emirates Middle East & North Africa OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
7 8 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
13 20 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
5.6 35.0 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
0.0 86.7 14.1
No. Procedure Time to Complete Associated Costs
1 Submit the company registration application and the proposed company name to the Department of Economic Development (DED) 1 day AED 100 fee for the initial approval
2 Notarize the company’s Memorandum of Association in DED 1 day 0.25% of the capital (for 3 copies of the Memorandum of Association), AED 5 for each page of the additional copy
3 File company documents with the Department for Economic Development (DED) and obtain trade license and the Dubai Chamber of Commerce and Industry (DCCI) membership 6 days 5 % of the value of the lease agreement + AED 1,000-3,000 waste fees + AED 480 for company registration + AED 500 fees for signboard approval + AED 1,200 for Chamber of Commerce membership registration
4 Make a name board 2 days AED 1,000
5 Apply for establishment card at the Ministry of Labor 1 day AED 2000
6 Register native workers with the Ministry of Labor 1 day no charge
7 Register native workers with the General Authority for Pension and Social Security 1 day (simultaneous with previous procedure) no charge

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