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Starting a business

Your licence is issued. What happens next?

Short answer

A licence lets the company exist; it does not yet let it hire, pay people or bank. The next stages are typically the , residency, Emirates ID, labour registrations where applicable, a bank account, tax registrations, accounting, payroll and a renewal calendar.

Post-licence checklist

  1. 01

    Establishment card / immigration file

    Registers the company with immigration so it can sponsor residents.

  2. 02

    Investor or partner residency

    Shareholders apply for residency sponsored by the company, where eligible.

  3. 03

    Medical fitness and Emirates ID

    Part of completing each residence visa.

  4. 04

    Labour / MOHRE registration

    Mainland employers register with MOHRE; free zones run their own employment systems.

  5. 05

    Employee visas

    Work permits or free zone employment approvals, then residency for each employee.

  6. 06

    Corporate bank account

    Apply with a complete, consistent file.

  7. 07

    Corporate Tax registration

    Most companies must register with the FTA within the applicable deadline.

  8. 08

    VAT where applicable

    Register when you meet the threshold, or voluntarily if eligible.

  9. 09

    Accounting and records

    Keep proper books and supporting documents from day one.

  10. 10

    WPS payroll where applicable

    Pay salaries through an approved channel.

  11. 11

    UBO and company records

    Maintain the register of beneficial owners and keep it updated.

  12. 12

    Renewal calendar

    Track licence, tenancy, , visas and Emirates IDs.

Then: marketing and operations

With the foundations in place, focus shifts to brand, website, sales processes and operational systems. This is where IBS project management and marketing support usually begins.

Key takeaways

  • The licence starts the operational setup rather than finishing it.
  • Keep one renewal calendar for every document.
  • Register for tax early to avoid penalties.

Related authorities

Related glossary terms

Frequently asked questions

What is the first thing to do after the licence?

Usually the establishment card, because residency and hiring depend on it.

Last reviewed: 25 September 2026

General educational content — not legal or tax advice. IBS is not affiliated with any government entity. Always confirm current requirements with the official authority.

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