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Showing posts from September, 2021

How to Start a Business in a Dubai Free Zone?

Steps in starting a business in the free zone: Determine the type of legal entity Before thinking about anything else, you need to decide on what type of legal entity your business would take up. Depending on which free zone you choose to establish your operations in, you may opt to set up a Free Zone Limited Liability Company (FZ LLC) or a Free Zone Establishment (FZE). The differences between the two mainly lie in the number of shareholders and whether or not they are UAE residents. If you have decided on establishing an FZ LLC, you may want to grow your network of UAE locals and consider a  business partnership in Dubai  with a UAE resident or sponsor who is willing to work with you in growing your business. Choose a trade name Choosing the right trade name for your business is crucial as it will appear on all the paperwork and other related documents related to your business. When possible, choose a unique name that reflects the values of the brand that you wish to establi...

Can a non resident open a company in Dubai?

Over the years, Dubai has become a top choice for entrepreneurs who are planning on  setting up business in UAE . Thanks to 0% tax rate, straightforward incorporation procedures, and strategic location, as well as allowing foreigners to own 100% of their businesses (in most cases) a lot of foreign investors are choosing the city for starting new business ventures and/or expanding their existing businesses. The incorporation procedures may be simple, but there are still several conditions and requirements that business owners/investors, especially non-UAE residents, must meet before they can start setting up a business. Can non-UAE residents start a business in Dubai? In most cases, foreigners are allowed to start and own 100% of their business as long as it is established within the free zone. Depending on the guidelines or requirements implemented in certain locations, foreign investors may start a business in the UAE as long as they have shareholders who are UAE residents. If you...

How To Run A Business Without An Office - Virtual Offices in Dubai

What are the benefits of using a virtual office? Cost-effective Compared to renting a physical office, renting a virtual office is more cost-effective since you won’t have to pay for large office spaces and equipment. Aside from helping you save business resources for buying supplies and equipment, it keeps you from spending large sums to pay for the lease contract. Better branding One of the most common reasons some businesses prefer traditional offices is having an address that is well-known to the public. It improves their visibility and branding especially if they are located in an area that has a good reputation. If this is also one of your concerns, you don’t have to worry since you can ask your service provider about the physical addresses they offer. Some providers can set up your address in  Concord Tower Media City  and other prestigious addresses that your clients and prospects can easily recognize. If you need help in setting up your business in Dubai,  Austri...