The rise of AI, graphics and animation has changed the gaming sector across the world and UAE is no different. However, there are several compelling reasons which make this country an ideal destination for setting up a gaming company. The country’s rapidly growing tech ecosystem, strong digital infrastructure, business-friendly policies, high-quality pool of talent, support from incubators etc. offer ample opportunities to expats and local entrepreneurs to establish a gaming firm in UAE.

As per the study by a market intelligence company, the UAE is witnessing a surge in online gaming. With companies providing immersive gaming experiences through virtual reality (VR) technology, the popularity of online games is increasing tremendously. It is estimated that in 2024 alone, the market for online games in UAE will reach US$50.60m. It is further expected to grow at a CAGR of 4.09% and attain a market volume of US$57.07m by 2027. This only depicts the immense potential that this industry holds and this momentum will continue to accelerate in the near future.

Furthermore, a majority of people in the UAE use smartphones and access some sort of games for leisure. Also, the increase in disposable income indicates a positive sign for the gaming industry.

So the gaming enthusiasts, who want to turn their passion into a successful venture, listen – your dreams are calling. Without further ado let’s understand how you can turn them into a successful reality.

Steps to start a gaming company in the UAE

Before diving into the steps, you must know that the gaming industry in the UAE is a highly regulated one. What this means is that certain types of gaming such as gambling, casinos, games with explicit content, those depicting religious themes, symbols, and political undertones, gaming with social interaction and the ones that illustrate negative cultural stereotypes are banned. Failure to abide by the laws may invite hefty penalties and even imprisonment.

In 2023, the government formed the General Commercial Gaming Regulatory Authority (GCGRA), a regulatory body to oversee the gaming industry. Keeping these things in mind, one can get started by forming a gaming company in Dubai or other areas of the UAE.

Business Planning

Research your target audience, competition, and regulatory environment, and create a business plan that includes your company’s name, goals, revenue model, products, operational plan, marketing strategy etc.

Choose the business structure

Select the suitable business structure from a Limited Liability Company (LLC), free zone, or offshore considering factors such as ownership, liability etc.

Register the company and obtain a license:

Depending on the chosen business structure, register your company with specific authorities. Mainland companies may need to register with the Department of Economic Development (DED) and free zone companies with respective free zone authorities. Also based on your specific business activities and location, obtain licenses such as a trade license, entertainment license, event permit, software development license, epsorts event license etc. For instance, if you want to set up a gaming company in DIFC (Dubai International Financial Centre), a business district, you will need to register the company with the DIFC authority and obtain necessary licenses to operate within this jurisdiction.

Start your gaming company

Develop or acquire the gaming product or content you plan to offer such as a mobile game, PC game, console game, online platform, or gaming app. You may also be required to invest in game development, programming, design, artwork, animation, sound, and testing to create a high-quality gaming experience that resonates with your target audience.

Corpin Consultants – A Name to Reckon On for a Gaming Company Formation in the UAE

Corpin Consultants offers expert guidance for entrepreneurs looking to launch a gaming company in the UAE. Right from market research to licensing and setup, our team provides comprehensive support tailored to your needs. Our services include feasibility studies, assistance with business registration and obtaining licenses, advice on selecting the optimal location, bank account opening, guidance and help on obtaining visas for employees, and financial and tax advisory services to ensure smooth company setup. So why wait when you have experts to guide you at every step of your entrepreneurial journey? To know more, request a free consultation today!

If you have any questions or need assistance,  please don’t hesitate to call   Ebi Kadavan at  +971 55 843 2911,  or you can email us at info@corpinconsultants.com to schedule a meeting.