Dubai is the best city in Middle East to start a company especially in the location Free zones. Did you ever heard about such zones in Dubai? There are free zones in many cities of UAE for a startup but among them Dubai is the most preferable.
Do your feel comfortable when all the legal activities for a company to get registered beside you? Of Course everyone prefer such categories of places to avoid roaming here and there. If suppose such location offers you NO tax for INCOME and CORPORATE, then you will be more excited right?
There is a location covering all the requirements under a central ministry with No tax facility for all kind of businesses in Dubai is FREE ZONES. Simple it is described as something like special economic zones for business enterprises. As you know there are many types of business are rising every day in the city Dubai, among them some are expanding and relocation based on the marketing condition.
Being a business consultants we are more likely to choose Dubai main land and free zones for the business purposes. Encouraging more people to the new business people by providing them a free consultation and offering a best service for the company formation process is our ultimate objective. The benefits are slightly different for both this locations for starting a business. Once you are well clear about the initial capital investment then successive process can be performed with the help of consultant in Dubai
The main concept about the business in Dubai is the LOCAL sponsor, who is doing business currently in UAE nation and do have some ownership with 51 percent in your company is a mandatory. The foreign investor like you will 49 percent ownership and by equally regulating business can be run smoothly. Presence of a local sponsor provides you many credits like any conflicts with Arab people in market is resolved, A complete legal support, Good exposure in new market is managed by their experience and so on.
People in Dubai is also suggested for Dubai Mainland were the new business set up can only be started by obtaining Business license. For various types of business have different license to register their company. License types are:
Commercial License
In this type of license people who are doing trade activities for both the import and export comes here. So simply commercial activities are the most important type considered here to issue this commercial license
Industrial License
There are people do business based on product in which the manufacturing or production department, inventory management and transportation also considered here to issue industrial license
Non Commercial License
The category of people doing business in the non-commercial activities like professional oriented, corporate kind of services, Consultancy types of services get issued this non-commercial license.
The above license types are very basic one that is mostly used and rather than that few more are there, all these business licenses are issued by the Department of Economic Development by submitting all the necessary documents and then the company registration process is carried forward in Dubai Mainland
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