Due to the extensive use of mobile phones nowadays, many people are opting to use this in their benefit to start up their own business, which involves mobile app development in Dubai.
The mobile app market has flourished in the last decade. Millions of apps developed have made our lives easier. Through apps, we can now call a cab to reach out destination, monitor our house when we are outside, make sales, read books, learn languages, make our diet chart, maintain our calorie intake, and track a flight, etc.
The Growing Mobile App Market
Statistics show us global app downloads reached 175 billion in 2017. One of the main reasons behind such a hike is the rapid growth of the mobile app development market in countries such as China, India, and South America is the growing demand for apps. Users are ready to select an app of their requirement through downloaded free apps. On the other side, a considerable number of users also pay- for apps, which are premium. The downloaded premium apps had cost about USD 86 billion in 2017.
Additionally, the revenue from these is expected to reach an amount of 189 billion by the year 2020. People who are planning to start their business from scratch should consider the current market statistics and therefore should establish their mobile app development in Dubai since almost 82% of UAE’s residents have a Smartphone.
Setting Up a Business of Mobile App Development in Dubai
The task to start a business is never easy. Especially, when it is a business of mobile app development in Dubai, and when you already have a significant number of well-known and well-established competitors in the market. The first task to consider is whether you want to set up an office in Dubai or if you wish to build the app in any other place and trade it all over the world.
Since mobile app development is a ‘virtual’ thing, there is no specific mainland license offered to this type of company. Therefore, you must register your mobile app development in Dubai in free zones in Dubai. Operating your business in the free zone comes with many benefits, which include, inter alia, 0% corporate and personal tax, and 100% import and export tax exemption.
All free zones offer the same advantages. However, Dubai Internet City (“DIC”) is the most suitable one for someone who wants to set up a business of mobile app development in Dubai. The only drawback of setting up shop in DIC is the cost, which is higher than that of other free zones such as Fujairah Creative City (“FCC”).
Paper Work and Formalities
If you want to start your business in FCC, you will have to deal with less paperwork and bureaucracy, and you will not be required to have any share capital, annual auditor any formal bookkeeping.
Furthermore, both DIC and FCC offer packages, which would allow you to use office facilities such as desk space, conference rooms for meetings, call screening, etc.
Additional benefits can accrue if you set up your app development business in Dubai’s FCC. It provides businesspersons with freelancers and single owner packages, which in turn would enable you to set up the business up and running in a fast and effective manner with minimal start-up and overhead costs. In addition, if you are inclined to form your company with more than one shareholder, you can do so without facing any difficulties.
Business Application for Mobile App Development Companies in Dubai
Both the DIC and the FCC allows you to apply for multiple visas, which is a part of their package (as explained above). You can apply for visas for up to six people if you are to set up your business of mobile app development in Dubai (FCC). On the other hand, if you are willing to rent out or buy an office space in DIC, you can apply for one visa per eight square meters of office space.
Additionally, if you require applying for a visa for yourself and your dependents, both of these free zones, namely the DIC and FCC, will make the process easier for you. The process comprises of four steps, which include entry permits, adjustment of status, medical fitness test, and then Emirates ID registration and visa stamping.
It will all depend on your commitment towards your goal, the capital you have, the amount of investment you are willing to contribute and the amount of hassle you are eager to face in setting up your mobile app development business in Dubai.
The process of forming a mobile development business is straightforward and achievable in a matter of weeks with some necessary documents. There are some cases where you can even register your business mobile app development in Dubai without personally visiting Dubai. All you need to be is flexible and confident. The rest will fall into place.
Before proceeding towards your goal of establishing your business of mobile app development in Dubai, make sure that you have a strong team that will not only help the growth of your business but will also stick by your side in the face of adversity. Since there are different operating solutions offered by different companies, for example, iOS, Android, Windows, and RIM, you have to decide and target audience for your app and decide accordingly. You may develop a mobile app, which would be compatible with all operating software in the market or just one.
The app development business should be as such that, if required, you would be able to transfer or shift from one place or jurisdiction to another without suffering from any severe loss and should always proceed with a positive mind-set.
Dubai’s business environment is incredible, and due to the abundance of Smartphone users, the opportunity that it presents to businesspersons is much more enticing than anywhere in the world.
DeviceBee is proud to say that we have achieved great success because of our dedicated team of experts. We produce all kinds of mobile apps and we have earned a great reputation. If you want to make your own app, contact us today.