Doing business in Dubai is a smart idea for entrepreneurs where its 0% tax rate on corporate & personal income, 100% business ownership, easy Dubai government norms, business friendly policies make it the safest business destination for any type of business idea.
Let us start with every concern one by one and clear the idea of doing business in Dubai.
PLEASE NOTE: Once you receive the payment voucher, you must pay for your trade license within 30 days and in case you fail to make payment on time, the application will be cancelled immediately.
1. Free Zone Licence- Novice entrepreneurs opt for free zone licence as it is considered as the cost effective way to set out a business plan in the Emirates as the non resident.
2. Mainland Licence- It is one of the highly preferred licences so that they can do business anywhere in UAE. And no capital is required for the mainland licence, but as a foreigner you need to team up with the local sponsor to make it functional ASAP.
Now let us move to the benefits of doing business in Dubai which make this idea of business 200% lucrative for the majority.
The nature of your business decides the amount of investment required in Dubai, but still for the minimum investment to start it needs AED 11,900 for a free zone company licence, on the other than, to obtain trade licence with office space & visa quota the minimum investment for the company would be AED 17,900.
SUGGESTION: Cost effective options in Dubai- Shared office spaces, Flex-desk and co working spaces are some great options for business starters who might not be able to spend money on office space
So this might have given an appropriate idea on doing business in Dubai and the benefits which are exclusively accessible in Dubai because of its rapid growth.
And furthermore, for additional support, we will give different types of businesses that are successful in Dubai for the foreigners who are keen to enter into Dubai business.
Apart from this, Find out the list of most preferred areas for business in Dubai Mainland that will serve an edge and ease of doing business because of its location whose ongoing demand gives limelight and raise potential of your business.
Your meticulous approach and lucrative mind will aid you to lead your dream of doing business in Dubai because the conversion rate is impressive and also the expected population of Dubai 5.8 Million by 2040 will consume all types of businesses.
