Dubai is becoming one of the main business attractions. Businessmen all around the world are moving here with the vision of starting a new business. Even investors and entrepreneurs are impressed with the opportunities this country offers to all business owners. However, since the competition and market are saturated, you need to make some smart moves to be ahead of others and make no mistakes. And you can only do this by working with a business setup company in Dubai.
Working with a business setup company not only makes the registration process easy but also provides services for company formation. All the businesses have worked or been working with business setup consultants to make conscious business decisions and improve their corporate wellness and growth. You can also consult with a Dubai business setup company to help you guide you through the process of company registration and business license for company setup in Dubai.
What services do business setup companies provide in Dubai, UAE?
Business setup companies in the United Arab Emirates help you in many forms. For example, there is an entrepreneur who does have a business idea for his start-up but doesn’t know what he/she does to make it possible. In such cases, business setup consultants come to the rescue. They stay with you from the planning stage till you’re able to achieve your business goals.
Company formation UAE
Business setup company in Dubai city offers a range of services to business clients who want to set up a Dubai company in the UAE. The service agent of such companies takes care of all the aspects of business operations from research to management and expansion. The business infrastructure of the UAE is complex but one who has a good understanding of all the approval steps can work through this with feasibility without wasting time.
Help you find the right direction
The consultation makes it easier to find a solution to any business problem. The team of the business setup company has experience and understanding of all the current business activities. The professionals can guide you about all the locations in UAE where you can open your business. You can learn about different types of businesses and suitable jurisdictions. Once knowing all business destinations, only then you can make a rightful decision for your business.
Best for Start-ups
Most start-ups and small businesses have budget constraints. Due to low budgets and less knowledge of the UAE business hub, most foreigners suffer losses in their businesses. To avoid this, it is better to hire business consultants. You do not need to have a huge budget to have consultancy. In fact, with whatever budget you have decided, share with a potential business setup company. The setup company will offer its best business setup services to help you with all your business formation matters.
Though the government agencies of the UAE provide tremendous ease and assistance with all the paperwork and trademark registration, still, the process of obtaining a trade license can make the foreigner feel overwhelmed. The experts of business set up companies in the UAE can help you with everything related to business activity and licence requirements since they understand all the rights and policies companies set up in Dubai procedure.
For some business sectors in Dubai, Sharjah, and other emirates of the UAE, you need to have local partners. You have to divide the ownership with them as per regulations. Finding a trustworthy UAE national can be demanding as not most business people know the locals. The business setup company takes care of this by connecting you with local sponsor individuals and UAE corporate sponsorship.
Banking and accounting support
The UAE is a great location for investments. It offers many benefits related to taxation, capital profits, and income. If you want to open your bank account for commercial use or looking for company bank accounts, the business set-up company employees can look at this for you.
The UAE does not offer permanent residency to anyone except their natives. Everyone else who wants to visit, and live here has to apply for a visa. Whether you are coming to Dubai for tourism purposes or planning to set up a UAE company setup, you have to get a visa. You can also apply for visas for your family as well.
The most common type of visa is the tourist visa, which allows you to stay in the country for up to three months. If you want to stay longer, you can apply for a business visa, which allows you to stay for up to six months. The UAE has recently launched golden visas as well. The new golden visa program offers many benefits to those who are looking to relocate. Not only does it provide a 10-year stay, but it also offers a path to citizenship. There are a number of different visas that you may be eligible for when setting up your company. Your company setup expert can give you information on all of the different options and visa processing to help you determine which one is right for you.
Law and jurisdiction
UAE company setup requires you to understand all the preliminary laws and all zones and related jurisdictions if you want to have a business setup in UAE. The UAE business setup company has expertise in working with the local market and can help you with the process of setting up your business. Working in the different zones has given them the advantage of knowing all the ins and outs of this business industry that you may not know. Whether “mainland business is good, or free zone company will be more profitable”, or “should I open a limited liability company or go into real estate”, you can get answers to many such business-related questions from the company that is helping you set up your business in Dubai or the UAE.
Lease and Agreements
Depending on which business licence you are planning to get, you may need office space to provide as an official address. All companies in the freezone and mainland have offices as it is mandatory for the approvals of the licenses. EJARI is also required to show that you have the right to use the property for a set period of time and the owner has given you permission. The business setup consultants can provide their assistance in finding you the right place and the rest of the documentation.
Also read: Entrepreneurship in Dubai: Navigating the Business Setup Process
What businesses setup need the help of business set up companies in the UAE
The growth-oriented business environment of the UAE has given an exceptional hike to all the small and medium enterprises (SMEs) all across the UAE. According to recent economic reports, the new businesses play a huge role in upscaling the GDP growth of the country. One of many factors why small and medium businesses are becoming the backbone of the economic facade of the UAE is their collaboration with business set up companies.
There are tons of SMEs in Dubai who can opt for company formation services in Dubai. So, if you also have time and cost constraints, working with a Dubai business setup is your way to success. Here is the list of the most profitable SMEs in Dubai, UAE that you can start any day with the support of the business setup company’s experts.
1. Construction business setup
The infrastructure of Dubai speaks for the growth in the business of construction. The sky-touching buildings, parks, stations, and hundreds of other premises in Dubai have been supervised by contractors. And now Ras al Khaimah emirate and Abu Dhabi are also planning to follow Dubai’s vision to become the top destination in the middle east and other countries of the world. There are unlimited opportunities for you as well if you go into the contractor business.
2. Solo trading business setup
The sole proprietorship is one of the most lucrative small enterprises in Dubai. You are actually your own boss. The license will have your trade name and you can hire a team to expand your business. Businesses like plumbers, gardening, electricians, and freelancers fall under the sole-proprietorship business entity.
3. Consultancy startup business
Company formation services in Dubai are the need of time. In the fast-paced business ecosystem, consultancy takes all the matters related to recruitment, IT solutions, finances, and insurance into their hands and leaves the business aspirants to manage the other more important aspects.
4. Online Retailers
Since mobile shopping has become the norm of the day, the business of online retailing has also reached a maximum boom. People from the comfort of their homes and warehouses are making tons of money by selling online. With the help of a business setup consultant in UAE, you can also have your retailing company in a few days after completing all registration processes.
Also read: Is it easy to setup business in Dubai
In which matters, business setting up companies in Dubai can help you?
To open a business set up in Dubai or other cities of UAE, there are some already set rules that each business aspirant has to follow. The reason why most businesses get lost in the registration process is that they do not understand the UAE’s business structure. On the other side, the businesses that take help from business setup companies in the UAE face no hindrance or rejection throughout the process. The services company formation businesses provide make sure all the documents are approved, and all the certificates are obtained.
The following are the matters in which a business setup company in Dubai can help you:
Obtaining the memorandum of association (MOA)
This is a legal document that states the role of all shareholders in the business. The company that is taking care of your business will prepare the document to get the signs of all the shareholders for approval. You do not have to go to each shareholder to get it done.
Business plan application
The nature and purpose of your business will determine the correct jurisdiction and trade license type. Business set-up companies in the UAE take part in the procedure from the start of making the business plan. Whether you want to invest in an offshore company or want to develop a complete business setup, business set-up companies can associate a consultant to you who will be there at each step.
There are way more complexities than a layman can understand. Regardless of your prior business experience, the judicial system and legal formalities of opening a business in Dubai may confuse you. It is better to let the expert handle such matters. They can make collect all the documents, will follow the respective procedures, and take them to the legal authorities to register your company.
The reason why most businesses prefer to set up here is because of the tax relaxation this country has. You do not have to pay tax on your income, profit, or personal funds. Only a few commercial companies involved in foods and goods have to pay 0% to 5% vat tax. To clear your doubts about taxation guidelines, you can ask business consultant staff. They are all familiar with the latest updates and news regarding taxation and other business matters.
What should you look for when hiring a business set-up company in Dubai?
What business set-up companies do is exceptional, but finding the company or consultant who is a good fit for your business can be a grueling task. When looking for a business set-up company in Dubai, there are a few things you should keep in mind.
Giving a chance to newbie companies has a high risk. The boat can sail in any direction. So to be sure from your side, you can go for that firm that has a higher success rate or good reputation in the industry.
Jack of all trades, master of none
There are many consultancy firms that are providing services for all kinds of consultancy. Not one business set-up company can advise all companies. This is why you have to check whether the company has expertise in your business areas or not.
Previous experience speaks a lot. Testimonials are a great way to know if the company will fulfill all your needs. Clients leave their reviews on websites, or you can dig into Google reviews is also a great platform to get more insights.
The older, the wiser
The bigger number of years of experience, the more strategies and knowledge they will have to implement. Working with experienced business set-up companies builds the trust level.
How the business consultancy firm communicates says a lot about them. Communication throughout the process of registration is compulsory for every member of both parties (businessmen and business set up company) in case there is any requirement for documents or updates.
A business setup company in Dubai, UAE
If you are looking to set up your business in Dubai or anywhere else in UAE, you can get started with Dubai Business setup. We have a team of experts with specific industry knowledge who will look after all the business matters and maintain great communication throughout. As it is important for business owners and consultants to be on one page to make the process smooth and efficient.
Contact us today if you have any queries or get an affordable business set-up company in Dubai, UAE to start the venture today!