Dubai and Middle East is one of the best destinations for industrialization and setting up a new company for its growing economy. The economy of the country is on rise since few years making it an attractive business hub. However, it is not that easy to start and set up a new company in Dubai or Middle East area due to the stringent rules and regulations that one need to abide by. There are many hurdles one has to face and without complete knowledge about legal rules in Dubai and it takes long time to set-up an industrial base. Here are five things one must know while setting business in UAE.
Understanding Rules and Policies
In order to go for business setup in UAE, it is highly recommended to seek assistance from business set-up consultants to make the process smooth and convenient. There are many thing involved when one plans to start business in Middle East starting from finding the right venue and location, understanding the legal rules applicable, getting business visa and permission for setting up business, strategising marketing and understanding the competitors. It is difficult to understand the rules and legal policies one need to adhere which is why hiring professional consultants makes the task easy.
Getting Trade License
Business setup in Dubai involves marketing, strategy, planning and budgeting. Without help of professionals, it is possible that you might end up losing more money while planning the setting up of business. The consultants are aware about the rules and regulations required and help in hassle free filling of paper work. Getting the trade license is one of the most difficult parts and is important to set up the business. The professionals ensure that license is easily obtained and take care of all the necessary documentation needed for business to start and run efficiently.
Finding right Location
Consultants help offshore company business setup in Dubai with array of services. After the documentation part is done and trade license is obtained, next big part is finding the right place for setting up the business. It is a daunting task for offshore companies to hunt for good location but consultants make the process easy and smooth. With mainland and free zone locations, consultants help in finding suitable locations as per the client need.
Share holders and Taxation Information
The mainland business is meant for trading within UAE and need local partner of 51% share for running operations. The consultants help in finding local partners for stake in company. The free zones allow 100% foreign direct investment and companies don’t need to pay tax for operating from free zone. The business set-up consultants have information about different types of suitable area and help in finding best location.
Understanding the market trend
Be it business setup in Sharjah, Dubai or any other country in UAE, hiring consultants make the process extremely smooth and convenient. The consultants not only help with documentation part, obtaining trade license and searching for location but helping in starting of the operations. The experts from the consultancy help in understanding local trends and identify competitors to help you start with the business operation. They take up case studies, analyses current market and help in planning and strategising for better marketing.
In order to go for business setup in UAE, it is highly recommended to seek assistance from business set-up consultants to make the process smooth and convenient. There are many thing involved when one plans to start business in Middle East starting from finding the right venue and location, understanding the legal rules applicable, getting business visa and permission for setting up business, strategising marketing and understanding the competitors. It is difficult to understand the rules and legal policies one need to adhere which is why hiring professional consultants makes the task easy.
Getting Trade License
Business setup in Dubai involves marketing, strategy, planning and budgeting. Without help of professionals, it is possible that you might end up losing more money while planning the setting up of business. The consultants are aware about the rules and regulations required and help in hassle free filling of paper work. Getting the trade license is one of the most difficult parts and is important to set up the business. The professionals ensure that license is easily obtained and take care of all the necessary documentation needed for business to start and run efficiently.
Finding right Location
Consultants help offshore company business setup in Dubai with array of services. After the documentation part is done and trade license is obtained, next big part is finding the right place for setting up the business. It is a daunting task for offshore companies to hunt for good location but consultants make the process easy and smooth. With mainland and free zone locations, consultants help in finding suitable locations as per the client need.
Share holders and Taxation Information
The mainland business is meant for trading within UAE and need local partner of 51% share for running operations. The consultants help in finding local partners for stake in company. The free zones allow 100% foreign direct investment and companies don’t need to pay tax for operating from free zone. The business set-up consultants have information about different types of suitable area and help in finding best location.
Understanding the market trend
Be it business setup in Sharjah, Dubai or any other country in UAE, hiring consultants make the process extremely smooth and convenient. The consultants not only help with documentation part, obtaining trade license and searching for location but helping in starting of the operations. The experts from the consultancy help in understanding local trends and identify competitors to help you start with the business operation. They take up case studies, analyses current market and help in planning and strategising for better marketing.
