Every one of us has at least think about starting our own business. Setting up a business needs real hard work, and countless approvals and exhaustive paperwork to the serious people out there. For our fortune, starting a business in Dubai is easy with the help of business Setup consultants. However, choosing a business setup consultancy in Dubai is difficult; options are diverse, and many business setup consultants are here to help. The new entrants and new business setups are facing tough competition from an already established business. They have to carry a thorough analysis so they can differentiate themselves from competitors.
Things to keep in mind while hiring a business setup consultant
There are few things to consider while you are selecting a business setup consultant for your startup. Business setup consultancy offers following benefits;
Licensing and legal framework Services:
The first thing you should consider is the legal framework and licensing for your business setup. Starting up a company or business in any given area comes with the burden of regulations and legal guidelines. Selecting a consultant who is well aware of the area’s legal system is necessary.
For operating a business growth within a state, Company trade license registration is compulsory. The reason for introducing this is to ensure that no business activities can run without the registration government department, and there are no health hazards. Once the business startup permission is granted through a trade license, no authority has the right to shut down their business startup without any legal notice or no legal obligation on the business organization.
Dubai is providing 3 main options to business startups, which are;
- They can set up a business in the mainland,
- Free zones,
- Or in offshore
An entrepreneur needs to decide which option he/she wants to pursue to get a trade license registration. Dubai Free Zone has a special economic place for business setups. Free Zone License Registration offers a wide range of services, including Dubai Free Zone Visa, Company formation, Company registration, Business registration, Free Zone License registration, Limited liability company (LLC) formation, and ON and Offshore company registration.
In Dubai, there are many Free Zones for doing business. The free industrial zones are available for possible investors who wish to make the most gains from their investments in a business setup company.
The mainland business registration allows to trade and perform in Mainland area whether it is providing services or taking government and semi-government projects, import, export or local Dubai Mainland company registration either with 100% foreign national ownership or with 51%-49% capital ratio between UAE national and foreign national. The mainland business is most suitable in terms of getting more visas under the company, surety on opening a corporate bank account, opening more branches in the emirates.
Dubai mainland company has vast acceptance in the globe and it is beneficial for local trade, import, export and to take government and semi-government project.
To help them with proper guidance in company registration, we are always there to assist them. If you plan to set up your business in Dubai, please contact us and let us help you with all the essential guidance you need.
A well-established and expert business setup consultant would streamline your business setup process. He/she will assess you in ongoing market trends and provide valuable recommendations. While choosing your consultant, an expert with a good record in successful business startups would be a must-have.
Finding the location:
The location has a remarkable impact on your company’s growth. Startup consulting companies will assist you in choosing the right place. Choosing the right place which should be based on the industry and nature of your business is crucial. When selecting a consultant, keep in mind that they must know to evaluate factors like budget, legal requirement, etc., to guide you about the right destination.
Setting up your goals:
Practice a goal setting exercise with your consultant. Tell them about the key performance indicators and track the growth of your business journey. It is critical to understand your consultant in terms of goal setting and clearly defining your predetermined goals.
Make sure that your consultant is well aware of all the government services, and they must be communicating with you with government entities like department of Economic Development ( DED), Dubai Land Department (DLD), Dubai Health Authority (DHA), Ministry of Human Resource and Emiratization ( MOHRE) etc. If you want the smooth setting up of your business in Dubai, the association with government services is essential.Contact us today for a free consultation to know more about opening a company in your interested area in Dubai, UAE. Call/WhatsApp: +971 50 3989000, (T): +971 4 240 5000, Email: email@example.com.