- Address: Office 13,AL Mamzer Center,Street 28, Hor Al Anz East,Deira, Dubai - UAE
- City: Deira, Dubai - UAE
If you are in search of any new business opportunities in Dubai or planning for a new business set up in Dubai, then it is necessary that you know all the necessary details regarding the company formation in Dubai beforehand.
Business is known as the main goal of the economy of Dubai. Therefore, often the government of Dubai encourages and creates various new business opportunities in this city. But setting up a new business is Dubai without any proper knowledge is not at all easy.
Either you should be aware of each and every step of setting up a new business in Dubai or you can hire the services of any professional company to do that for you. But in this article, I will discuss about all the details regarding new business set up in Dubai.
Common requirements of company formation in Dubai: It is important for every business in Dubai to have a sponsor until and unless any company wants to open their businesses in the free zone in Dubai. Commonly, it needs a big amount of capital to open a business in the free zone of Dubai. Otherwise, it will need to take the help of the sponsors. The strong sponsors mainly come up with loads of influence and contacts. Both of these things are very important for the companies to startup or to run successfully. In order to take the help of the sponsors during the new business set up in Dubai, the companies need to pay certain ongoing fee to the sponsors. In some cases, the sponsors can also demand for a certain percentage of the profit. But the rules vary from one business to another.
Operating a business in Dubai: After the company formation in Dubai, then it comes to operate the business. Arabic is the common language that used in all Government offices. Therefore, it becomes very necessary for every company to have some Arabic speaking employees or some temporary employees to deal with all the government institutes for different types of business related matters. This is a must in case of new business set up in Dubai. Another important thing is arranging a working visa for the employees. This is not an easy task and in a number of cases, it will need the help of the sponsors. There is no requirement of paying tax in Dubai.
But undoubtedly, the easiest method of company formation in Dubai is to contact with any professional consulting company, which will do all the tasks on your behalf. Some of these companies also offer services within a discounted rate. This way, you can be rest assured that you are not wasting any money.
Author Bio: Al Taresh has written this article. She guides people about company setup in Dubai.
Contact US
Al Taresh Consultants & Services,
Office 13,
AL Mamzer Center,
Street 28, Hor Al Anz East
In front of Police Head Quarters
Deira, Dubai - UAE
Email:sales@altaresh.com
Phone:+971 4 2666 345
Fax:+971 4 2665 664
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