2. Are you looking for the expansion of your business
to Dubai? Entrepreneurs and business owners
today are seriously considering expansion to Dubai
for better business opportunities awaiting and to
explore and reap the benefits. Dubai today is not
just about oil industry, but for travel and service
industry as well as tourist destination and therefore
many corporates from different parts of the world
prefer to have their business hub and presence
here.
3. If you are planning to expand your business to
Dubai you must ensure that you have the right
partner on the board to get business registered.
Apart from several legal procedures pertaining
to the business registration in Dubai, there are
also certain matters to concentrate from your
personal front. These elements would help to
ensure the floatation and related matters of the
proposed venture has completed all legal and
other legislative procedures.
4. Finance
When you incorporate your business in Dubai you
have to be certain with the mobilization of fund
requirements and prospective paperwork and
related procedures. Even though Dubai has the
latest and prompt communication resources, initial
planning of fundamental aspects relating to the
proposed business set up is very crucial. There are
various banks to help investors for opening new
business accounts; but these banks may not grant
you business loans and finances. At this juncture,
you have to recognize appropriate bankers assuring
smooth functioning of business finance.
5. Business Consultant
Dubai has a sound and consistent set of rules
prevailing and this has to be pursued strictly to
finalise the incorporation procedures. If you are not
much familiar with Dubai legislations and other
matters, it is always better and desirable that you
select someone with knowledge and expertise as
helping hand to proceed with company
incorporation. Also, selected consultants can assist
you to implement with some bright ideas and
advices in a beneficial way.
6. Dubai has a set of user friendly bye
laws towards business incorporation and you need to be
clear on every single terms and conditions. Business
consultants and experts are well aware of the business
scenario taking place in the UAE from time to time and
they can assist you wisely according to your plans and
strategies including the proposed deadline you have in
your mind about the subject without any hassles. This
would help all investors to complete the entire
incorporation procedures in time and as per their plans.
Also, the valuable time of the investors could be utilized
towards the visionary aspects to improve the business
proposed in the country.
7. Proper Documentation and License
Like any other country, Dubai also has a sound
system of administrative procedures pertaining to
business incorporation. While there are many
advantages when registering your business in
Dubai but to get started, you need to go through a
set of proper documents and licenses. There are
many things that you need to ponder before you
register your business in Dubai. This includes
preparing and organizing the required documents,
submission of these documents with the
Authorities for their perusal and approvals.
8. If these documentation are not submitted properly
to the Authorities the incorporation would be a
time consuming process. Also, availing license is
essential to start the operations of proposed
business in the country. As Your service provider,
the business consultant would look after these
matters and accommodate you with all the support
that you need to register your business. Also, they
would update you with the latest rules and
regulations prevailing in the country pertaining to
your suggested incorporation.
9. Local Sponsor
There are many types of company
incorporations permitted in Dubai according to
the utilization of market and other factors.
Among these, the most important type of
company incorporation is Limited Liability
Company in the Mainland which permits the
penetration of local UAE market including free
import/export of the product suggested.
10. When you plan to register your business in Dubai
mainland, you should look for a local sponsor
having 51% stake in your business. Although, this
sounds uncomfortable, most of the companies
pursue this under the stipulation, you would get
the entire freedom to operate and administer your
business without any interruption . Also you can
have the option to conduct business without hiring
a local sponsor in the Free Zones where you
concentrate the international market without
having presence locally.