Company Setup in Dubai

To own and establish your business is made very simple in United Arab Emirates and especially in Dubai which is one of the top rated emirates among the others. Once all the legal formalities gets completed it hardly takes a wekk to start your business running on a dream place. Before kick starting on any legal formalities, it is essential for the business owners or the investors to be guided through the legal formalitoes and the best options available for them to choose their business locations. the loaction to establish a business can be scrutinsed based on the type and the natur eof the business. It also determines the kind of license like te commercial, industrial license or a professional license that the bsuiens swould opt for. Business activities like utilities, food jewellery would demand for approvals from other government sectors. These legal formalities are completely guided by the company formation consultants. Each and every freezone follows different set of rules and regulations and document submissions. hence its ideal for the bysiness investors to get their advises from professional business setup consultants. This saves their time and makes the process smooth. Department of Economic Development (DED) follows certain regulations on the ownership of the business. They have implemented numerous FDI laws to encourage foreign investments.

Advantages of establishing a business in mainland and freezone areas differs. Mainland establishment has unlimited visas, exempted from business or personal tax and they are flexible to publish their business on any part of United Arab Emirates. DED approves the initial trade license. This can also be done through e service. Before setting up a business, it is essential to analyse the cost involved, the nature of the business and the type of license required apart from the legal form of the company like limited liablility or establishment. Joint liability companies would require a local partner to be involved inthe business. Limited liability companies, Joint venture companies, civil companies with engineering activity should involve a local partner. Inorder to gain complete ownership of the business the DED has encouraged by passing FDI which boosts the capital flow upto 18 to 20 percent. Local service agents are involved to serve the international or foreign investors in the licensing and other documents related to the business.

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