Low cost business setup in Dubai
Free zones in Dubai is the best place for choosing the low cost business set up in Dubai. Business activities to get started in a popular city like Dubai is really a challenging task. In order to survive of doing business in free zone or a free zone company require the complete company formation process in Dubai. Business in Dubai can be started in Dubai main land or other free zones for various business type. Free zones are like tax free areas were several business are adapted according to the nature of business and these zones are also called as special economic zones.
Free zone of Dubai has the benefits for the business as follows:
- 100% ownership
- 100% repatriate
- Easy recruitment for employees
- No taxation
There are some more benefits of doing business in Dubai free zones. When decided to start up a business with the required capital investment and then you need to prefer for a best company formation consultant in the city like Dubai for the low cost.
In a city like Dubai there are certain concepts to be known before your company get registered. As a part of the legal activities you need a local sponsor in Dubai for the initiation of the company registration process. These local sponsor must have 51% ownership in your company to join all the business activities. Without the help of a local sponsor new company set up cannot be started in Dubai as per the law in Emirates. Throughout the business services this local sponsor will guide you the way to get into success and everything. Even sometimes you may feel the discomfort of UAE with the Arab people between the business activities and this problem can also be resolved by the continuous rapport with sponsor.
After deciding about the local sponsor and his benefits and the rest of the activities you have to do is about the License, it is important for every business in Dubai must have license for their company formation. The types of license differs for the various business nature:
- Commercial License
- Professional License
- Industrial License
Commercial License:
License which is applicable for the people who are doing business in commercial background like Trade (import/export)
Professional License
License which applicable only for the non- commercial activities or professional activities undertaken businesses.
Industrial License
License which is applicable for the business nature comes under the production sector involving the sales and marketing
Be First to Comment