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UAE Consultants - Free Zone Business Setup Consultants in Dubai
By: UAE Consultants
Even though starting one's own business can be very exciting, there can be many challenges coming his/her way, especially when trying to run and maintain a business for a long period of time. Therefore, it is recommended to prepare oneself and learn not only the right set of skills, but also anything that might contribute to the success of the business both in the long and short-term.
Luckily, there are business consultants, who specialize in providing guidance, as well as in and assist with anything related to starting your own business. They offer assistance with the market's research and analysis, they facilitate the decision-making process, they even help you to save money and speed up the business incorporation process.
When it comes to setting up a new business Dubai has always encouraged people to invest in their country. They offer different business models for foreign investors, especially when it comes to Dubai Free Zone Company Formation link here https://www.uae-
There are 8 types of entities that can be formed in the UAE, which are Limited Liability Company Formation, Offshore company formation, Dubai Free Zone Company Formation, Dubai Mainland company setup, branch and representative offices, professional firms, joint venture companies and shareholding companies.
When it comes to business setup in Dubai there are three choices offered:
Mainland Business Setup
The Dubai Economic Department (DED) is responsible for managing these types of business setup, which requires a partnership from UAE nationals, who would own 51% of shares of the company, leaving the foreigner owning 49% of shares, which might have been a reason why it is widely prefer to do a Dubai Free Zone Company Formation.
Dubai Free Zone Business Setup
This option tends to be very popular for startups, as it allows foreigner to own 100% of shares of the companies without requiring any local partnership or assistance whatsoever. The only con of this option is that it does not allow to do any trading activities outside the free zone, otherwise the Dubai Free Zone Company Formation is highly beneficial, especially for start-ups.
Offshore Business setup
This last option can also be quite beneficial, as it allows businesses to be run outside of the local market. This option is usually preferred for universal exchanging.