Company set up in Dubai: All the facts and secrets you need to know now
Company set up in Dubai: All the facts and secrets you need to know now
Dubai is emerging as a hotspot for business ventures and attracting a large number of investors
worldwide to establish a business in Dubai mainland. Company set up in Dubai has become a
piece of cake for entrepreneurs due to its business-friendly policies. The handsome incentives
being provided by Dubai is what is required by businesses to prosper and earn huge profit. These
incentives include 100% ownership of the company, no currency restrictions, 0% corporation
and personal tax, and 0% tax on import and export. Not alone this but the UAE’s free zone being
the heart of the city provides other benefits and advantages to the companies setting up their
businesses there.
Dubai is standing out in the Middle East market today because of the large number of investors it
is attracting to set up their business under the UAE’s government business environment.
If Dubai sounds like the perfect location for your business to establish and grow here is
everything you need to know before stepping into it.
Company set up in Dubai is a hustle-free procedure if you know the right steps to be followed.
● First things first finalize the legal structure for your business. The business legal
structures are broadly of five categories. Pick which suits your company best.
▪ Sole proprietorship
▪ Partnership
▪ Limited liability company LLC
▪ Corporation
▪ Cooperative
● After this, you need to choose your business activity. Your business's nature decides
which free zone suits best for your business.
● Now, decide the name of your company. Remember your company represents you and
your business so be mindful while finalizing the name for your company.
● The next step is to finalize the incorporation framework.
● Next, you are ready to get a business license from the government. After you successfully
finish all your documentation work, the UAE govt will issue you a business license for
your company.
● Then you can apply for a visa followed by opening a corporate bank account.
After following all these steps successfully your company is ready to set up business in Dubai.

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