Read more about visa services here. Although selecting the bank for opening an account is your choice, it is advisable to start an account in a bank in Dubai. The local banks provide great offers to entrepreneurs, which could be advantageous for you in many ways. Regardless of which option you choose, the document that you need to continue your set up process is the Ejari, which is a registered lease agreement. Select an offering from our listed solutions, license type and make the payment towards the business setup process.
Brimming with world-class infrastructure and cutting-edge technologies, Dubai offers a seamless ecosystem that fosters business growth. Its strategic location, state-of-the-art infrastructure, tax advantages, and business-friendly policies make it an ideal destination for entrepreneurs seeking to establish a thriving enterprise. In the quest to secure foreign ownership while conducting business in the vibrant city of Dubai, foreign enterprises frequently employ a well-established practice – foreign company registration. This method ensures that the parent company retains 100% ownership while establishing a significant presence in Dubai.
Four Biggest Fees Incurred with Dubai Business Set Up and Operations
FTZs usually provide a variety of affordable options for any business size, and may provide office promotions for new business set up. Dubai E-Commerce Strategy with the aim of solidifying the city as a global logistics hub for the Middle East and increasing its share to the local economy to AED12 billion (approx US$3.2 billion) by 2023. Initiatives under the strategy include attracting more foreign direct investments and reducing the cost of e-commerce activities by 20% . We also offer visa and immigration services and can handle all government formalities, permissions, work permits, and visa applications required to trade in the UAE. As well as handling your license application, BIZ can also assist with the opening of corporate bank accounts and advise on the most appropriate financial institution to suit your specific needs. Learn about the advantages of choosing Cross Link International as your business setup partner. With our experienced team and dedication to client success, we ensure a seamless and efficient setup process.
Fueling Dubai’s digital economy
Adam Global’s experienced consultants provide valuable insights and strategic planning for your business expansion, empowering you to make informed decisions for sustainable growth. An offshore company must engage a registered agent who will act as an intermediary between the company and the free zone authorities. Different free zones cater to specific industries, so research and choose the one that aligns with your business needs. For hiring employees and managing labor-related matters, including employment contracts and work permits, you will need approvals from the MOHRE. For obtaining visas for your employees and sponsorship-related matters, you will need to coordinate with the Dubai Police, specifically the GDRFA.
Setting up a business in Dubai’s free zones is a straightforward process. Most free zones have standard document requirements, including a completed application form, passport copies of shareholders, and contact information. To expedite the documentation process without errors, consider using services from company formation specialists like company setup consultants.
Adam Global’s financial experts offer tailor-made financial solutions, from opening bank accounts to tax planning, to optimize your business’s financial performance. Starting a business in Dubai presents golden opportunities, but meticulous planning, compliance, and staying informed are key to success. Enlist reputable business setup advisors like Adam Global to navigate complexities and unlock Dubai’s dynamic potential. For businesses in the healthcare and medical services sector, approvals from the Dubai Health Authority may be required to ensure compliance with healthcare regulations. Submit the required documents to the DED and obtain initial approval to proceed with the setup process. Dubai offers various business licenses, including professional, industrial, tourism, free zone, and more, tailored to different business activities. Our deep connections with the government and a strong presence within the local community, can get your desired low cost business setup in Dubai running in no time.