Are you looking for a location for setting up business where the government is investment friendly, the city maximizes tax advantages, gets international exposure, and encourages entrepreneurship from all over the world? Then consider your business setup in UAE, especially Dubai.
While you can avail numerous benefits that encourages new business setup in Dubai, the process can be slightly difficult for a new entrant when planning to start a business in Dubai. Here are 5 of the best practices to keep in mind when taking the first step.
Table of Contents
Choose the right kind of business
Dubai is a land of entrepreneurs and new businesses. However, there are a few businesses you cannot do when in Dubai or UAE. So research on what kind of business you can do when planning for a business setup in Dubai.
Choose a zone based on the type of business you have.
Dubai is divided into 3 zones when it comes to business setup in Dubai. Each zone caters to different types and nature of businesses, and thus plays a crucial role in business setup in Dubai. Based on the zone chosen, especially
- if you want to do business in Mainland, you might need to look for a trustworthy partner who is a resident of Dubai.
Get Installment Plan for Company Setup. Call now
- If you want full ownership of the business, Free Zones are best for you.
Hi, how can we assist you todayThe registration papers, legal formalities and trade license requirements will be dependent on the zone where your business nature fits best. See how much does it cost to form a company in Dubai
Choose a name of your business that reflects its services or products
When setting up business in UAE, there are some strict rules to keep in mind regarding the name of your trade. So when setting up business in Dubai, it is important to keep these restrictions in mind when coming up with a name and logo design for your company.
Get in touch with a business setup company
Business setup in Dubai is a process and can become lengthy and confusing for new entrants. The process requires legal support, opening a banking account in Dubai, choosing the right location based on the type and nature of your business, as well as government approval. To make the process smooth and fast, there are business setup companies in Dubai. These companies are specialized in providing solutions tailored to each business needs. The services can extend to market advice and business planning. Company Setup Consultancy is the perfect company for anyone looking for business setup services tailored to your need. For more information on why you should start a Business in Dubai read this.
Get a trade license
This is a crucial part of opening a business in Dubai. Business setup in Dubai is impossible without a trade license. Based on the zone and nature of business, you will need to get a trade license that will then require renewal annually. Company setup can assist you in getting the right license as well as reminding you the time for annual renewal.
For further information and assistance on how to register your company in the UAE, speak with our experienced consultants. Book your FREE consultation today at +971 558654072 or drop us a line here
