When starting a business in UAE, in any of its various free zones, it is important to note that there are different rules and regulations, procedures and fees associated with the different zones. Many of these free zones require business owners to have minimal capital if they are setting up a new business in Dubai, compared to simply opening a new branch of an existing company or business.
Why it is beneficial?
Company formation in free zone is very beneficial because it allows full ownership of the company and can be established by one person for himself. Similarly, an investor can also open a bank account in Dubai in this configuration and can own properties. Incorporation or registration of offshore companies in Dubai and even trademark registration requires specialized knowledge. Currently, there are a variety of companies that offer these specialized services to help the investor in starting a business setup in the UAE. These companies assist in all aspects of business creation, including trademark registration, PRO services, accounting services, and payroll services.
Advantages of doing business in the United Arab Emirates
There are several reasons why investors choose entrepreneurship over so many other promising professions. Some people discover their ability to develop ideas from a very young age, others work for a company until they mature their own idea to run a business. But one thing that all successful entrepreneurs have in common is the ability to use an opportunity in the right environment at the right time.
One of the advantages of doing business in the United Arab Emirates is that you can get help from business establishment consulting firms who can help you draft various documents necessary for business establishment in Dubai. They even manage the filings and take care of the various legalizations. They also help you obtain visas and work permits for employees. They offer partnership options in the case of an offshore company or a branch. They also help to obtain the various approvals required by the different ministries and departments as well as to establish bank accounts. In short, business formation consultants make business start-up services in Dubai much easier.