how to setup business in dubai part ii
TRANSCRIPT
Business Setup in Dubai
Your business motive is to drive profitability and for profit acquisition you need a locally registered LLC business. This is possible only if you enter into a partnership with an UAE national, also referred to as the local sponsor
1. Localizing Partnership
2. Free Zone ensures 100% business ownershipIf the idea of partnering with a local sponsor does not go well with you and if you wish to exercise 100% ownership of your business, then you can set up your business in the Dubai Free Zone. The advantages of choosing Free Zone includes:
1. 100 % business ownership
2. Duty free customs boundary
3. The start-up activities are processed with enhanced speed and ease.
3. Location Preferences
Finding a suitable location to set up your business in Dubai is another important task that needs to be dealt with carefully. Choose a location that is profitable and convenient for your business and ensure that it is at an accessible distance where your clients & customers can easily reach you..
http://bit.ly/Free-zone-company-setup-in-Dubai
3. Visa EligibilityThe most important requirement to start up a business in Dubai is to own a visa that permits you and your employees to reside and run your business in the UAE. Visas are approved for almost all kinds of businesses. The number of visas that are approved depends on the following criteria and may vary from business to businesses:
1. Size of the organization
2. Business type
3. Category of the investor
http://bit.ly/auditing-firms-Dubai
4. Seek Legal AdviceYou are new to the place and to its laws and as you have plans to start a business in Dubai it is not a small game that you are going to get involved with. So, you need to seek out expert advice from legal consultants in Dubai to help you with the company formation process. These consultants can provide you with advice on efficiently handling the potential costs, business operation strategies and much more.
bit.ly/legal-services-dubai