Skip to main content

Posts

Showing posts from December, 2019

Do you really need a sponsor to start a business in Dubai?

A lot of people wanted to initiate a  UAE business setup  process. After all, UAE is filled with so many business opportunities and a lot of benefits are available for those who wish to start a company here. However, there’s one common question being asked by people who wanted to start a business in the UAE. They wonder, “Do I need a sponsor?” Let us take a deeper look at this question: WHAT ARE LOCAL SPONSORS? Local sponsors are also known by other names such as local service agents, sleeping partners, and nominee shareholders. A local sponsor is called local because they are UAE nationals. To get a person become your sponsor and  set up company in Dubai  mainland, you usually pay them an annual fee based upon your agreed contract. There are three types of local sponsorship in the UAE. These are the following: Individual sponsorship Corporate sponsorship Local service agent Some local sponsors don’t simply act as a passive partner. For example, mo...

Do startup really need a physical office?

A permanent office for your business offers a lot of advantages, but depending on your situation, it may also present disadvantages. Thus, before you do a  business setup in Dubai , you need to consider your current and future needs. With this mind, you might want to know, do you really need a permanent office for your business? Here are some reasons that you need an office. YOU WANT TO IMPROVE BRAND IMAGE One of the reasons you need an office is to improve your brand image. If you have an office in Dubai’s business district, you get a prestigious address. The idea is almost the same as having a  virtual office , but this time, you get to dominantly do all your work in your chosen office. When people see your address, they would tend to think that your company is reputable, reliable, and professional. YOU WANT TO INCREASE YOUR BUSINESS VISIBILITY As much as possible, find an office that is accessible and visible to a lot of customers. This improves the public’...

How virtual office works?

More and more people in Dubai are using virtual offices as part of their  company setup in Dubai . As the world moves toward greater innovation and technological advancements, the possibilities for companies on how they conduct their business is becoming more and more limitless. Chief among them is working remotely and by having a virtual office. So, what are virtual offices in Dubai and most importantly, how do they work? WHAT IS A VIRTUAL OFFICE? As the name suggests, a virtual office is an office that primarily works on the Internet. It allows business owners and employees to work remotely while being able to work together to provide services to customers. HOW DOES VIRTUAL OFFICE WORK? A virtual office works by providing businesses a prestigious address without actually working in that place. This means that people can have an address in a desirable location but they don’t have to go to that place every day for work. Virtual offices may differ in what services they...