Setting Up A Company In Dubai

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Setting Up A Company In Dubai

By Myoffice (30+ days ago)

Dubai is the fabled land of plenty. The city is a thriving business destination. Entrepreneurs who have plans of setting up a company in Dubai stand to make hasty money with it. The infrastructure and transport is ideal for company formation in Dubai. Besides there are smart agencies, which help clients build a business set up in Dubai by providing a long list of support services like getting your license notarized, managing files and documents, obtaining visa and permits of work and other allied services. Besides, Dubai has a free zone for trade and these companies can maximize its benefits for a new venture. Hence a business setup in Dubai is as lucrative as it gets.

In the absence of direct business taxes and low import duties, setting up a company in dubai becomes an economically sound idea. The government does not levy taxes on direct profits of the business. With the exception of a few oil companies and foreign banks, investments in Dubai for other sectors remain within the control of owners. The government is not too sensitive about it. UAE has a low import duty, and this translate into high cost cutting. Dubai’s economy is open and free, resulting in one of the biggest influx of foreign investment.

Benefits of company formation in Dubai run into hundreds. It is the nucleus of several industries like Transport, Media, Tourism, Banking and Insurance, Information Technology and Communications, and Pharmaceuticals, to name a few. Relaxed visa laws lessons the rigors of startup. Coupled with a smooth administration, UAE and particularly Dubai, becomes a most sought after destination. The biggest benefit of setting up a trade in Dubai is that the business gets to draw its power from the Dubai Free Zone.

The Free Zone is a particular area in the city which boats of exceptional business facilities at a fraction of the charges. Every possible commercial charge is nominal and there is ease of hiring expatriate workforce, return of foreign investment and low trade tariffs. That’s the reason a business setup in Dubai is able to flourish without interference from the government.

There are several agencies that help aspiring entrepreneurs set up a new business in Dubai or open a branch of an existing offshore company. In both cases, these online agencies offer complete support for business setup Dubai. From obtaining a Dubai phone number to hiring a marketing expert, from finding an investor to employing a web designer, these agencies and their support network work together to offer cost effective, customized start up solutions.

About The Author:
Melissa O’Neill LLB
General Manager at myOffice Business Centres
Melissa O’Neill comes from a background in luxury brand, and property management. Having made the move from London to the UAE to manage myOffice Business Centre’s serviced offices in Dubai. She knows only too well from personal and professional experience, how invaluable it can be to have a solid local referee to guide you through the legalities and processes of business set up and relocation.


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