1. #1

    Join Date
    Aug 2011
    Lahore, Pakistan
    Blog Entries

    Business incorporation in Dubai in 2019 | What Your Action Should Be

    The Entrepreneur society is getting more attracted towards Dubai than ever for incorporation of their start-ups.

    Dubai, being the economic hub of the globe, has become the leading center of attraction for international business and is seen as a bridge between the East and the West.

    It may seem like a challenge to start a business in Dubai, let alone run one as there are numerous formalities that are involved in the incorporation procedure. However, the Government of Dubai has created a seamless process.
    Here is some important information.

    1) One Business can serve many communities. A diversified environments is provided by UAE to businessmen which means your business could be a hub to serve many nationalities, many cultures and age groups. For instance, if you open up a restaurant you may have food variety varying from continent to continent, let alone country wise.

    2) Dubai is a city that is filled with opportunities for which the credit goes to the Vice President and Prime Minister of the United Arab Emirates and Ruler of the Emirate of Dubai H.H Sheikh Muhammad Bin Rashid Al Maktoum and his vision of diversifying an entire nation. So before your business is in operation you may want to promote it on various platform, digital and print.

    3) Entrepreneurs would want to fully own their business because, let’s be honest, they are the mind behind the entire idea. However, in the UAE, a foreigner can own a 100% business in a free zone only. A free zone establishment cannot operate outside the boundaries of its incorporated free zone, but if you plan to incorporate a business which is not a free zone incorporated but mainland instead, in accordance with the UAE laws, at least 51% of the shares should belong to an Emirati national who is known as a Local Sponsor.

    4) Free zones incorporation is the way to start and run your company without a local citizen of the UAE acting as a partner (or sponsor). Other benefits of free zone incorporation, other than 100% ownership, are that the incorporation process is quick and easy and you that you get Duty-Free customs frontier.

    5) In the age of internet, digital presence is mandatory for any business. 80% of your business comes from your online presence while the rest is word-of-mouth. Creating a trendy & user-friendly website is the first stepping stone before you plan your online marketing strategies.

    You should hire a corporate solution provider for the smooth transition of the entire process of your new business incorporation. The business advisors not only provide you a services for your business incorporation but also provide advice on how to grow it.

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