Can a Company Start Doing Business in Dubai – Where, How, Why?

 

If you’re looking for a place to start a business, you may want to consider the United Arab Emirates. It’s among the highly attractive business hubs in the Middle East, with Dubai as its most favourable destination for international companies. With incorporation services from Singapore, you should find it easier to establish your business.

 

Why Dubai?

 

Dubai is one of the cities that will allow you to enter the Middle Eastern market. There, you’ll have ready access to modern communications, excellent infrastructure, an advanced transport network, and skilled labour. Its investment climate is generally stable, which makes it safe for new and established businesses to thrive.

 

How to start a business in Dubai?

 

There are many opportunities for business investment in Dubai. You just have to do some strategic management and planning to discover how to navigate the options and pick the best one. You could consider a Mainland company or explore the Free Zone regions. When making a choice, you have to consider the type of business you want to run. You can also consider an offshore jurisdiction, which is meant for offshore companies that won’t be physically present in the UAE. Incorporation services in Singapore can help you establish your offshore business in Dubai, but you won’t be allowed to do business within the UAE.

 

Where should you start your business in Dubai?

 

The Department of Economic Development (DED) is responsible for issuing licenses to mainland companies. If you choose to set up your business in the mainland, you may operate anywhere in the UAE, even outside the country. There are no operational restrictions.

 

Free zone areas are specially designated or allotted geographical regions specific to business activity. The business is limited to the activities specified by a particular free zone authority, where each has its own license issuing authority. If you choose a free zone company, you can conduct business within the free zone and outside the UAE, but you cannot diversify to other UAE markets.

 

Consider consulting with a provider of incorporation services in Singapore for strategic management planning. That way, you can make informed decisions on starting a business in Dubai.

 

Comments

Popular posts from this blog

Introduction to Corporate Finance

Building a Global Business: 5 Things to Know