Expo2020 is one of the biggest achievements the city of Dubai in United Arab Emirates boasts of. After being crowned as the winner of Expo 2020, the ruler of Dubai promised to astonish the world with the changes they will bring to the city. Preparation for Dubai Expo2020 has already started, and the city is expected to bring in up to 100 million people. From the employment front, Dubai foresees nearly 277,000 new jobs- inviting expatriates from all over the world.
In addition to this, many business opportunities in Dubai will rev up the trading sector in this region. The city is busy creating space for investors thinking of creating their own private establishments to set up and run their business such as restaurants, hotels, offices and more. And this is the reason that documentation and formalities required in a business set up in Dubai is streamlined little more by the government. However, there are dos and don’ts that investors have to consider before they actually take the final call of setting up business in Dubai:
Things to Do for Business Setup in Dubai
Choose a local business sponsor when setting up a local business. Without a UAE national sponsorship, you cannot take a step forward. Setting up a business in free zone means 100% ownership of the business. Find a business location that optimizes costs, convenience and suitability. Confirm visa eligibility and requirements Hiring a business consultants is always a great idea who can guide you and fasten up the entire process.
Things not to do for Business Setup in Dubai
Do consider the office size and preconditions before you finalize an office in Free zone. Do not make a final call without talking to business consultant. Discuss your license category with a business consultant. Avoid confirming it without knowing if it allows your business model. Confirm your bank charges prior to opening a bank account. Legalize everything before you sign a local sponsor for business set up.
If you are looking for a professional business consultant in Dubai and other Emirates, log-on to Yellowpages.ae today!