Here we are discussing about the company formation procedures in UAE nation specifically at Dubai mainland and Free zones with an introduction about the local sponsor in UAE nad the buisness license
Setup business in Dubai free zones UAE- A glance
Business in a foreign market is a challenging task for a new person from outside the country. If you wish to start a business in UAE nation then the business setup can be made easy with the company formation consultant in UAE. For the safety and security based business setup we Corproots suggest Dubai free zones as the best location.
Business environment in Dubai is good enough compared to other countries. The people who have started their business in UAE can easily apply for the resident visa kind of activities. Better opportunities for the business in such a country need to be utilized for the stable business. Market of UAE is not focused on local location instead it is focused towards the global level. The geographical location of Dubai city is the main attraction of the people to invest their money in this nation. It is lying between Asian and European location. UAE can able to cover the customers from the Asian and European market.
Since it is an Arab country the rules and regulations of this country is certainly strict compared to other nations. People from various parts of the world do their investment for the continuous benefits for the future ignoring the fear.
Entry of Local Sponsor
If you are expertise or know well about the business strategy and the methodology in UAE market and then the company formation will be an easy task. Suppose you are a new person for this market then the basic rules that is allowed for the company formation procedures need to be examined. For such new business persons the way of entering the foreign market is guided by us from the beginning to the final stage. For every company in UAE there should be a local sponsor who can monitor the company activities to get rid of the legal problems. According to the UAE government the way of starting a company in Dubai is followed with the selection of appropriate local sponsor who is currently running business. Such a local sponsor will be an experienced person to manage the business activities in the respective locality. Accompanying with the sponsor will make you to start up the business in a safe method.
Importance of Business license
Apart from the sponsor role in your business setup, the requirement of license seems to be an important thing following the company formation process. The government of UAE issues business license for the companies based on the nature of business types. Basic function types of business are likely the Commercial and non- Commercial, Industrial license, Branch of a foreign company. In our management the business service offered by us also includes the license issue formalities.
Now, the stage of location selection also plays an important role for the business setup. The most suggested places for the business activities in Dubai is the mainland or the free zones of Dubai. If the company is wished to incorporate at the location mainland of Dubai then the procedures for the company formation is to get business trade license. The submission of required documents at the Department of Economic Development (DED), then the business nature and the relevant documents are examined by them to finally issue license.
Basically the license types varies as follows:
Commercial license: The companies that involves the trade activities both import and export can allowed to apply for this license to the DED by submitting the required documents of the company name.
Non – Commercial license: It is related to the professional set of business activities like the corporate, consultants etc. Simply professional based activities based companies are allowed to apply this license type by submitting the necessary documents.
Industrial license: The business with the production and transportation based involvement can be apply for this industrial license.
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