Dubai is one of those states which is believed to lead the
economy of Arabic Gulf to the sky of huge success. This is so, because we know
that Dubai has a huge tourist traffic which let several investors to visit
Dubai and explore about its business market. It is great if you are thinking to
initiate your business
setup in DMCC, but it is emphasized to hire an experienced
consultant first, who could guide you about all the rules and regulations.
For a beginner it is quite difficult to handle every aspect
simultaneously like the registrations, approvals and all. Hiring a consultant
in this situation would be ideal as he possess all the knowledge regarding
business formation in Dubai and will run your entire process smoothly. He will
guide you about the perfect location for your business and he will also set
your meeting with a local sponsor if needed. There are various reasons of
business formation in Dubai, some of which are discussed below.
Business-friendly environment
Starting a business in a whole new state seems to be
impossible but in case of Dubai the scenario is completely changed just because
of its business-friendly environment. The government of Dubai offers great
facilities to the investors which makes it quite ideal to start a business
there. On the same side the laws and rules are also very much convenient for
the people and it does not enforce any strict limitations which cannot be
fulfilled by the potential investors. There are a number of services provided
by Dubai’s government which proves to be quiet beneficial for the entrepreneurs
like visa approval, renewal, licensing, local sponsorship and much more.
Growing number of free zones
Another great reason of preferring Dubai for business
formation is its growing number of free zones. Free zones are basically
different regional areas of Dubai where different businesses could be operated.
A lot of people think that the entrepreneurs can not get 100% ownership in the
beginning but this is only true in case of mainland business where you have to
hire a local sponsor as your partner who must possess a UAE nationality. But in
case of free zones there is no need of hiring such kind of partners and you can
easily own your whole business without giving your profit to a second party.
Look here for more
information.
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