Dubai is an ideal destination for all the flourishing Businesses
Dubai is an ideal destination for all the flourishing Businesses. The process of buiness setup in Dubai is pretty straightforward. All you have to do is make precise decisions at the correct time.
Three main options which you have to choose from are:
Choosing the zone is the most significant decision, as this will ultimately determine your next steps for setting up the business.
The mainland region of Dubai comes under the department of economic development.
If you plan to business setup in dubai on the mainland, you must have complete information about the Dubai Mainland market.
Submit required licenses and complete the paperwork to get yourself registered.
There are four significant mainland regions: Dubai Mainland, Abu Dhabi Mainland, Sharjah Mainland, and Ajman Mainland.
The most chosen option among the three of them is Freezone. The incentives that it offers,
- 100% company ownership,
- 0% corporation and personal tax,
- 100% returns on capital and profits,
- 100% exemption on import and export tax and
- No currency restrictions
never fail to drag the attention of businesspeople.
This is not enough; perks of operating in a free zone also include Flexible desks and office settings, freehold property, and minimal obligations.
Five major freezones are Dubai Free Zones, Abu Dhabi free zones, Sharjah free zones, Ajman free zones, and Ras Al-Khaimah Free zone.
The companies planning to register themselves offshore have to follow just a quick procedure. There is no need for an operating license for offshore companies; only a certificate of incorporation is given to them.
You are only required to have complete information about the registration process in order to setup business in dubai.
Major Benefits include:
- 100% ownership
- 100% profits
- And complete privacy.
- Leading offshore regions include Dubai Offshore Ajman Offshore Jebel Ali (JAFZA) Offshore and Ras AI- Khaimah (RAK) offshore.