Business Setup in Dubai

Business Setup

Business setup is the first step taken by industrial owners and investors to set up a company. They must decide in which field to invest and the location of workplace. Investors must look forward to register their business as a sole trader, limited company or a partnership company. Setting up your business as a sole proprietor is the simplest form of business setup. A sole proprietor can act as an owner and he is responsible for the profit, loss and debt incurred to the company. A partnership type of business setup initiates as two business partners engage in sharing their investment for maximized profit returns this is relatively inexpensive and less time consuming.

A limited liability is a hybrid form of business setup which involves multiple business partners making a huge investment in a particular field for optimized returns. This is a simple and flexible business form which requires less formality procedures and benefits multiple clients. This form of business does not require the need for annual meetings and investors are protected from personal liability and company debts. Limited liability companies are not subject to heavy taxation which is not only favorable to small business but also large scale companies.

Companies which provide business setup services to clients take care of all formal procedures right from finding the right location for your company to furnishing your workplace. They appoint advisories, business consultants, service operators, interior designers to help set up your company. Some popular locations to get in touch with companies which provide business setup services in Dubai are Al Manara tower, Al Abraj Street, business bay, Abu Hail Road, Al Khail Street, Deira and Al Garhoud.