GUIDELINES TO SET UP NEW BUSINESS IN DUBAI
As small businesses and startups seek new opportunities to start, expand or accelerate their growth, Dubai continues to be a destination of choice in the post COVID world.
Strategically located in the Middle East, surrounded by the major business regions, UAE and specifically Dubai is a leading hub for businesses planning to flourish internally within the nation, or with expansion plans into APAC, EMEA regions. In addition to being a world-renowned tourist attraction, Dubai has become a business destination of choice not just for large multinationals but several small or medium business, startups, and entrepreneurs.
Why Set Up A New Business in Dubai?
With the political stability, long-term economic opportunities, ease of international access, relaxed business rules and advanced infrastructure are all critical considerations for any investor to start and expand their business. UAE as a whole and particularly Dubai tick these boxes. The UAE’s commitment to its economy was demonstrated with the government’s response to COVID in terms of the stimulus package offered to businesses which still apply today, the long standing health & safety measures and being one of the first countries to roll out a choice of vaccines to all residents.
Dubai is a destination run by forward looking leadership, sustained, and promoted by a society and culture that believes in technology adoption, advancement, and is also home to several research & development initiatives and innovations that bring automation to human life. It is a city built by bringing together the best of diverse people, infrastructure, policies, and technology altogether to create and expand a foundation that supports every type of Industry.
The UAE supports Trademark Registration and best business set up agencies in Dubai who can help investors promptly execute business set up and ongoing operational needs.
Guidelines To Be Followed For Launching A Profitable Business in Dubai
Determine The Commercial Sector And Activity
Determining where your business should reside is key to any success – knowing which commercial sector you will fall into along with your client base. Most successful business set up companies will discuss all the options that are available to companies wishing to expand or complete a stand-alone set up. There are various jurisdictions within the UAE that can support all types of business set up options which when revealed will assist the business in making the right choice for the location whether mainland/free zone/offshore and the type of license structure that supports the activity. All areas of the business module should be discussed with a reputable setup agency or agencies before any business licence is issued.
Choose The Best Business Set-Up Agency in Dubai, UAE
Seeking expertise from a top business setup company in Dubai will help you navigate through the initial stages of setting up a business and by following a simple step by step process which any reputable setup agency should provide will make the planning and execution much smoother. Selecting a reputable setup company can seem daunting but with most research now online, reviewing referrals or even requesting references from existing clients is crucial to finding the right set up agency fit for your new Top Business Set Up UAE .
Research on Licensing
Obtaining the right trade licence is obviously paramount to business success. The structure of the license depends on the activity, so the type of company formation will be determined by the product or the service provided. The approval process for business licence registration does vary in each category but by approaching a business setup consultant for a free consultation you can then be assured you have appointed the best business setup agency in Dubai.
Visa & Work Permit Processing
Whether you have a mainland/onshore licence or your business set up was well suited within the Free Zone licencing option. Your licence structure is either limited liability or you provide professional consultancy services – all licences once set up will need to process visas and work permits for all the employees. This can be time consuming and with any new start up especially the small to medium sized companies finding personnel to complete these processes is sometimes not cost effective, so outsourcing this HR function to a PRO company can be the best solution in the long or short term. Most PRO companies who provide set up services will support the ongoing needs of any company they assist with set up. PRO Company, Best Business Set Up Agency Dubai , Company Formation are all terms used to describe companies who will provide all company trade and professional licence, visa, work permit, all ministry and government-related functions.They are usually a one stop type business center facility that you can use for just business set up or for all your company formation and operational needs.