In a lot of ways, Dubai is the perfect hub for organizations and persons to set up their companies. Working as a gateway between the East and the West, with majority of its population being from all over the world, no taxation, great quality of life and world class infrastructure and logistics, Dubai is the ideal location to start any kind of business.
That being said, the opportunities provided can be overwhelming. Starting from legal steps to take, to where in Dubai to setup, it can be a confusing and lengthy process without proper know-how.
This is where business setup consultants come in. Business consultancy is not only important to ease the process of setting up business, but can also be crucial to make the right decision and make optimal use of your investments, right down to figuring out what exactly your business should entail.
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Here are 7 ways a Business Consultancy helps you Setup Business in Dubai.
1. Helps with finding the right jurisdiction
There are three zones in which a company can setup their business. Each of these zones have their own unique perks and benefits. They also come with their own registration and legal policies. Business consultancy in Dubai come in with an in depth knowledge on where to set up business, based on the type of business you are planning to run, as well as how to maximize the benefits and what legal strategy to take.
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2. They help you understand the right legal structure
Business consultancy in Dubai includes advice on the mandatory documents required for business setup as well as guiding and dealing with business laws. They also guide companies whenever the company faces any legal complications.
3. They help you select the right license
Depending on the business type, a company needs to have the right license in order to start a business. And a business setup consultancy firm assists a company choose and get the right license, while also keeping them up to date with all forms of know-hows required. They can even take of the right PRO services and visa necessities on behalf of the company.
4. Business setup consultants can assist in business planning
Speaking of the type of business, business setup consultants has an expert knowledge on what kind of companies thrive in Dubai, as well as where in Dubai. This is a crucial element which smaller companies can benefit from when working with business consultancy firms in Dubai.
5. They can help build a brand for small businesses
Building a proper brand that people can trust and recognize effectively is crucial for a company that is just starting out. And seasoned business setup consultants can help with that. They are adept to guide small companies with a strategic business setup plan that helps the company make investments more efficiently.
6. Finding trustworthy connections and business partners
A good business consultancy firm is well connected, and can leverage that network to aid companies with finding the support and partners needed to setup shop in Dubai.
This is also beneficial when the business consultancy firm has good rapport with the Dubai government. A name worth mentioning here is Company Setup Limited.
7. Business Consultancy in Dubai can provide the accounting services you will need
If you think taxation is a complicated area, which it usually is, business consultancy firms will have a solution for you. These firms usually have deep knowledge regarding tax implementation in UAE and will help with you with VAT registration, if your business requires it.
Laws regarding VAT is quite strict and there may be penalties for not adhering to governmental requirements. Moreover, it is a crucial part of forming a company and if your particular business requires it then it will not officially be considered a business by the government till registration is complete. Read this getting started guide for VAT registration.
Now that the importance of business consultancy in Dubai has been established, it is crucial for a company to find a business setup consultant who is well versed in these services they provide. For anyone reading this article to get an idea on where to start, good luck! Hope you find your ideal business consultancy firm.
To Speak with our Experienced Business Consultants for further information and assistance, call us at +971582595164. Send a WhatsApp Message for Chat Query on +971 582595164 or email us at info@companysetup.ae.
