Business Setup Companies in Dubai UAE

Business Setup Companies in Dubai UAE

Dubai is the one of the fastest growing business hub with the state of the art facilities
available for local and international business. Dubai is an integral part of business
world and is leading with innovation. Dubai is politically stable and has strong
economic culture and government of Dubai offer friendly business regulations which
attracts the investors from around the world. This article will provide you a Compaq
guide regarding business setup in Dubai. Before you start your business in a
unbeaten economy like Dubai first you need to under the culture of it. Dubai being
an international city is a multi-cultural city, people from all around the world are
present in Dubai. After familiarizing yourself with the cultural you must learn about
the rules and regulations and kind of the business you can start.

In Dubai, you are given plenty of opportunities; you get benefits of best economy
based on strong administrative foundations. Authorities of Dubai have divided the
city in different economic jurisdictions. You can start different types of businesses in
Dubai bases on type of business and location; types are divided in three main
categories which are Mainland, Free Zones and Offshore. Another thing to remember
is that Dubai welcomes foreign investment but there are rules and regulations that
must be followed. In order for you to enter in Dubai, UAE you need to have sponsor,
a sponsor will take your responsibility. Importance of a sponsor can be determined
by the fact that for any purpose if it is business or you are just visiting you must have
a sponsor.

When it comes to start a business in Dubai you are require having a sponsor, any
kind of business needs a sponsor or service agent. In mainland a local resident or a of
United Arab Emirates based company act as a sponsor, for professional service you
need service agent as sponsor and for setting up a free zone business you also need a
sponsor, in this case free zone acts as your sponsor.

To setup your business in Dubai mainland under commercial license you are by law
mandated to have the help from local UAE resident which is also called local sponsor.
Local sponsor is by law hold the 51% shares of your business and you will hold only
49% of shares. However you are given full administrative rights. You can draw
contracts with local sponsor and allocate a yearly fee for being a sponsor. Local
sponsor sometimes work as silent partners. Local sponsor can be an individual or it
can be a UAE based company or group.

However, if you are setting up a business which involve professional services you
don't need to have a local sponsor, in that case you only need a service agent.
Service agent works on your behalf and helps you deal with the local administrative
authorities to start your business. You are allowed to hold 100% of your professional
business and service agent will only be paid once for the service he offered.

Free zones are special economic zones in Dubai which are specially designed to
attract the foreign investment. Free zone based business are fully owned by the
investor and there are plenty of options to choose with. Every free zone in Dubai has
a governing authority or free zone authority. For business setup in Dubai you would
need deal with the free zone authority. You may be asked by the authority to p rovide
different legal documents before you finally give the go ahead in form of license by
that authority.

Candfglobal FZE is a leading UAE Free zone Business Setup Companies in Dubai UAE
that offers Investor Visa. We are expert help with your business setup, Company
Formation Services & Free zone and Mainland Dubai Company Incorporation.

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