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HOW TO START A BUSINESS IN DUBAI

 HOW TO START A BUSINESS IN DUBAI One of the high economic transfer country in GCC is Dubai.Dubai had high potential scope to place a new phase of business. In standard of people potential is high and nearly 156 Nationals are staying in Dubai

To plan a new business in Dubai is main factor most of expats are selecting to raise their economy.

To start a new business major Steps  license and registration is complex and requires a sustainable amount of capital.

Before starting your business these factors are mainly important.

1.SELECT THE BEST LOCAL PARTNER

There are many Free zones from the outside of the UAE So to safe and smooth of your business local partner is beneficial.He need to manage as local service agent.

2.LLC LIMITED LIABILITY COMPANIES

  Here in this a local sponsor controlling equality is 51% and the foreign equality limited to 49%.In Dubai minimum capital should be shown 85,000$ is required is launch the LLC

SIMPLE STEPS HOW TO  START A BUSINESS IN DUBAI

           Select the company NAME  which you are going to start that related to type of business and have it approved by Licencing department of the Economic development department

        Draw up a MEMORANDUM OF ASSOCIATION.This document governs at external affairs.

Apply commercial register at ECONOMIC DEVELOPMENT DEPARTMENT

The last step is to register the company at DUBAI CHAMBER OF COMMERCE

hOW TO sTART  a Business TO PROFESSIONAL FIRMS

Dubai government setup a free zones specifically to encrouge investment from the investors

In freezones based companies has distinct incentives with 100% foreign ownership with exception of Import customs duties,No corporate taxation

LIST OF FREE ZONE IN DUBAI

TOP 10 FREE ZONES IN DUBAI

  1.  DUBAI AIRPORT FREE ZONE
  2.  DUBAI CARS AND AUTO ZONE
  3.  DUBAI HEALTHCARE CITY
  4.  DUBAI INTERNATIONAL ACADEMIC CITY
  5. DUBAI KNOWLEDGE VILLAGE
  6. DUBAI MEDIA CITY
  7. DUBAI GOLD AND DIAMOND PARK
  8. DUBAI SILICON OASIS
  9. DUBAI WORLD CENTRAL BUSINESS PARK
  10. JEBEL ALI FREE ZONE

These are the top list of free zones in Dubai

 LIST OF BENEFITS FOR FREE ZONE COMPANY

100% Ownership no sponsor required

Tax exemption

Fair renewal fees

Allowed to open bank account in Dubai

Owening properties is allowed(25yrs lease option, warehouse facilities)

For more information on Free zones and contact details

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