Doing Business in Dubai, UAE
Dubai is an economic centre of UAE with many free zones. The city offers excellent opportunities to do business with healthy political, economic, and commercial environment. If you are planning to do business in Dubai, here is a brief guide for you.
Though doing business in Dubai is attractive and advantageous, it is quite tedious to start. Right from planning to paperwork, complete set-up, and management, you need professional help.
How to Do Business in Dubai, UAE
Before you start abusiness in Dubai, it is must to know certain important factors. Here are the basic regulations to follow for doing business in Dubai.
Though you might hire a professional business consultant, a certain level of homework and research will truly help you.
Research the industry sector of your interest. Carry out a study or get consultation on the competition and market of the specific industry. Find out the required investment and resources.
If you are completely new to the region, get all detailed information from any consultancy firm. Draw out near to accurate estimate of total investment you need to do. If you are a foreign investor, you need to have a local partner. The maximum share any foreign investor can hold is 49%.
If you are establishing a business in a free zone, discuss all the norms and tax-related rules with the consultant. In some states, 100% foreign holding is allowed in the free zones.
Important Things to Know Before Starting Business
Whether you choose to start an LLC company or a joint venture or an offshore, you need to have certain knowledge. Basically, businesses are receiving tonnes of incentives from the UAE government.
There are vast opportunities and exemptions for doing business in Dubai but one needs to negotiate properly. To minimize your business formation cost, you can enter into anagreement with your local partner. The local partner will distribute your products, hire local staff, and carry out corporate services. The foreign counterpart can hold only certain percentage of the shares.
For more information call us and get detailed consultancy on thebusiness type you want to set up in Dubai.
Why Professional Consultant is Must
Jitendra Consulting Group is a professional business advisory firm in Dubai. We offer cost-effective consultancy to the business wanting to do business here. We offer all the services and support from right from planning until the completion of the setup. Our consultancy further also provides all legal and account-related services to run your business smoothly. Besides helping in incorporation, we also help in thehassle-free functioning of the business.
We are a team of professional company secretaries, tax consultants, chartered accountants, and lawyers. You are best assured about accurate documentation and corporate formalities once we are with you.
We are aware of all the compliances any company needs to follow. With our services, you need not worry about the necessary licenses and renewals. Our staff will take responsibilities for all these hassles and you can focus on your core business.
If you are looking to do business in Dubai but do not have aclear idea about starting, call us and discuss. We are also helping already established businesses in making their operations smooth and flawless. Doing business in Dubai, Doing Business in UAE make it easy by Jitendra Group Consultancy. Find out how to Doing Business in Dubai, UAE by Jitendra Group, We have presence in across UAE including Dubai, Abu dhabi, Sharjah, Ajman, Al ain, Fujairah, Ras al khaimah, Khor fakkan, Masdar city, Jebel ali.