BUSINESS SUPPORT IN DUBAI
The current and ongoing focus of the Dubai government on supporting businesses and entrepreneurship creates a perfect environment for new investors starting a business in the UAE.
Dubai is building and having a strong and regulated economic infrastructure that attracts business to the region while fostering investment and growth. Ensuring the business setup process in Dubai is smooth and hassle-free.
What are some of the ways that Dubai's infrastructure makes opening a business in the UAE easier than ever?
A wide range of commercial license options.
Those interested in opening a business in the UAE can choose between obtaining a continental business license in Dubai or choosing a free zone license, issues of their growth goals.
In general, if you're new to the business, consider setting up in one of Dubai's free zones to limit your upfront costs and modify industry-specific markets in designated jurisdictions.
Free zones are specific boundary zones with separate rules set, but still, enjoy Dubai's supporting infrastructure that helps new businesses take off.
However, if a company wants to tender government contracts or conduct business across the country, then a continental business license might be a better option.
A general business license in Dubai is a good license option to start your business. It allows you to trade up to 10 related or unrelated goods on the UAE market.
Accessible residence visas.
A residence visa through the setting up of a free zone company is valid for three years and allows entrepreneurs to manage their businesses while living and managing in the city. Business owners can also hire local and foreign personnel, and there are provisions for successfully applying for and guaranteeing visas for employees.There are also special visa options for freelancers who prefer a consulting job model.
Conduct your business from abroad.
If you are thinking of starting a business in your home country, but are not satisfied with the market, consider opening a business in the UAE. Dubai allows owners and investors to conduct business remotely from abroad. There are 650 business centers in 45 countries and 85 cities worldwide, from where you can set up and manage your business in Dubai. This opens up a range of business opportunities for entrepreneurs, from anywhere in the world.
Explore Expo 2021.
The Expo 2021 scheduled for October this year is further proof of Dubai's commitment to economic growth through social entrepreneurship. This is an opportunity to witness the advances that the region is undertaking, by linking technological and digital innovation with business, art, and the environment.
All of this not only builds on Dubai's existing infrastructure but also symbolizes the direction the city continues to take to create a vibrant economic space that welcomes diverse global investors.
If you want to invest in UAE, please contact our advisers at DisRup Dubai to guide you through the process.
