Set up business in Dubai with Ease and without any hassle with these tips
Are you ready to set up business in
Dubai? Is it a new business or you are going to open a branch of an existing
company? Have you calculated how much amount / funds are required for company
formation in Dubai? Have you gone through the different aspects of company
registration Dubai such as the cost of getting a trade license, sponsoring
employees, etc? Have you decided if you want to offshores companies in Dubai’s
free zone or note?
If you have answers to
all above questions, then this place is not for you rather you should look
somewhere else for the information you are looking for. But, I guess if you are
here then it means you are still looking for answers to above questions in
order to ease the process of company formation in Dubai.
Here you should start
from calculating the initial cost to setup business in Dubai so that you can
avoid later on issues and requirements for investment.
1. First of all decide if you want to have your
company in Dubai’s free zone or not. In free zones, company registration Dubai
can be done quickly and easily by getting a trade license for which you need to
pay some fee. You can calculate the fee by using the tools available at DED’s
website.
2. While the free zones are tax free, you should
calculate the fee for the free zone where you want to setup a business. This is
because different zones have different fees.
3. Depending upon the free zone you select, you may
also need to ensure that you a pre-defined, minimum amount of capital without
which offshore companies in Dubai’s selected free zone cannot be setup.
4. You will also need to sponsor employees, which
includes the cost of visas, processing of legal documents, arrangement for
living area, etc. You need to calculate this cost as well.
5. You should also consider the cost of importing
goods.
Once you have calculated
all the costs, you will have a fair idea about if you can start with the company formation in Dubai or you need
to wait to arrange more funds. And, if you do not have any answer to above
questions, then you may contact an advisor who will resolve all your queries,
help you getting everything done, and help setting up business effectively.
You may want to contact
mazadvisors – one of the renowned organizations that provide a wide range of
services to set up business in Dubai.
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