If you are thinking to start a gaming company, then you have a lot of options at your disposal. In this article, we’ll look at the steps to start a gaming company in Dubai, the different factors to consider, and the different options you have.

Dubai is one of the best places to start a business and earn big profits. Its cosmopolitan culture and fast-paced lifestyle are a boon to entrepreneurs. 

Dubai is home to the best and most powerful game development companies in the world. Many of the top game developers are located here and are responsible for some of the world’s best-known games. 

For those who are thinking about starting a career in game development, starting your own game development company in Dubai is a fantastic choice.

Gaming Industry in Dubai

The gaming industry is growing and has the potential to be one of the largest industries in the world today. Gaming companies are high in demand and are attempting to reach audiences of all ages, genders, and nationalities.

Let’s find out how to start a gaming company in Dubai and the steps you should take to grow your company.

Steps to start a Gaming Company in Dubai

Step 1 – Plan your Gaming Business

The first phase of your business setup will give you a road map for the path to follow. 

Planning will enable you to learn the following in your gaming company:

• The cost needed for the business
• The target market for your business activities
• The exact amount to charge your clients
• The name of your business

Step 2 – Choose your legal Entity

Making a choice on the legal structure of the Company is the next step in launching your own Gaming company in Dubai.

There are 2 best options for you to choose from:

• Limited Liability Company (LLC) or
• Sole proprietorship

This stage enables you to develop a highly thorough vision for your company’s long-term future.

Step 3 – Register your Trade Name

The business must select a name that is distinctive and simple to search for online in order to launch a web design business in Dubai. 

Additionally, it is crucial to note that the domain name does not resemble any other existing companies because doing so could result in legal issues.

Step 4 – Apply for a License

Without a current business license, the UAE authorities cannot grant you permission to open a business in Dubai. Typically, if you want to get a gaming license in Dubai, you can go to DED, also known as the Department of Economic Development in the UAE. 

To start a gaming business in Dubai, you must possess a current DED trade license. 

Similar to this, the UAE offers a system in Dubai called E-channel that allows licensing applications to be submitted online. So, you have the option of obtaining a trade license from a free zone or another location of your choosing. The advantages of establishing a gaming business in a free zone include:

• Business full ownership
• Tax-free area
• Export and import activities

Step 5 – Submit MOA & Other documents

The business owner must collaborate with the sponsor to draft the Memorandum of Association (MOA) and submit it to the Department of Economic Development (DED). 

Additionally, in order to launch your web designing company in Dubai, you must receive NOC from the relevant authority.

Once you got all your documents submitted. The relevant authorities will approve and confirm the same by issuing your Company formation Documents.

Step 6 – Apply for Corporate Bank Account

The creation of a corporate bank account is the final step in the business setup procedure. 

It is crucially important to have a corporate bank account in order to receive and send payments for your business and to keep track of all of your financial transactions.

Documents required for starting a Gaming Company in Dubai

Here is the list of documents required to set up your Gaming company in Dubai:

• LSA if you are setting up a Mainland Company
• Passport Copy
• Curriculum Vitae
• Trade Name Registration Copy
• Professional License Copy

Benefits of starting a Gaming Company in Dubai

1. Strategic location: 

Dubai is ideally located between Asia, Europe, and Africa, making it an ideal location for reaching a diverse and growing market.

2. Strong infrastructure: 

Dubai has a modern and well-developed infrastructure, including a state-of-the-art telecommunications network and a highly skilled workforce, which make it an attractive location for gaming companies.

3. Government support: 

The government of Dubai has recognized the potential of the gaming industry to drive economic growth and has implemented initiatives to support the development of the sector, including the creation of dedicated co-working spaces and incubators for gaming startups.

4. Talent pool: 

Dubai is home to a talented and diverse pool of professionals with expertise in the gaming industry, including developers, artists, and designers.

5. Cultural diversity: 

Dubai is a cosmopolitan city with a diverse population, which makes it an ideal location for creating games that appeal to a global audience.

Overall, starting a gaming company in Dubai can provide access to a large and diverse market, as well as a supportive business environment that is conducive to growth and innovation.

How VR1 GLOBAL Business setup consultancy can help you in starting your Web design company in Dubai

We hope this guide has covered all the valuable insights on how to start your own Gaming company in Dubai.

VR1 Global Business setup consultancy is one of the best company formation experts in Dubai, and if you are planning to start your own business here, you can contact our company formation experts who are adept at dealing with all of your queries and concerns without you worrying about the supporting documentation and procedure.

Call or WhatsApp +971508045640 today for a free consultation call with our business setup experts.