If you have been planning to set up a business in Dubai, this is certainly the right time to do so. You must have heard this several times in the last decade or so. But now is certainly the best time – thanks to the latest developments in the UAE.
The country now allows foreign nationals to 100% own companies. This wasn’t the case up till a couple of months. Expats had to meet the requirement of getting a local sponsor on board as a major partner (51%) to be able to set up a company anywhere in the UAE. This requirement is abolished as per recent developments. So, you can now turn your dream of establishing a successful business in Dubai into reality in a hassle-free way.
The Process to Set Up a Company in Dubai
The process to set up a company in Dubai is rather straightforward. It includes the following step:
- Select the nature of your business
- Choose the name of your company
- Complete all the incorporation work
- Obtain the required license
- Open a bank account
- Start your visa process
On paper, this process may seem quite easy. However, it can get really complicated and complex if you’re new to this emirate. Also, a mistake made during the paperwork can prolong the process. The best solution to make the entire process hassle-free for you is to hire business consultants in Dubai.
Advantages of Hiring Business Consultant in Dubai
Here’s how a reputable business consultancy firm can help you when setting up a business in the emirate:
Setting up a business requires huge capital. And when it comes to establishing in a city like Dubai, you need to manage your finances very efficiently. A business consultancy firm can help you in this regard. They can give you an estimated cost analysis by keeping into consideration various factors, such as the nature of your business, location, etc.
A Concrete Business Plan
To be able to set up a company in Dubai is a huge opportunity, and you shouldn’t let it go waste by not having a robust business plan. So, it’s imperative that you get a reliable business consultancy firm on board. They can assist you in coming up with a start-up plan that will serve as the foundation of a successful business establishment in the emirate.
Services of Experts
When you hire a business consultancy firm, you have the services of experts at your disposal. From getting the required licenses to visa approvals and other necessary permits, they can help you with everything. Furthermore, they bring credibility, experience, and expertise to the table that can assist you in decision-making as well.
One of the major perks of hiring a business consultancy firm is that it will save your precious time. You will not have to spend days getting the license or completing other formalities. As stated above, a consultancy agency can help you in every aspect of establishing a business. Meanwhile, you can utilise this time to think of ways you can turn your business into a successful endeavour.
Help in Completing Legal Formalities
Setting up a business in Dubai involves a lot of legalities. It can be hard for a novice to understand and comply with them. Remember that non-compliance can land you in a troublesome situation. To avoid this from happening, it’s recommended that you hire a consultancy firm.
Docman – Your Trusted Choice for Setting Up a Business in Dubai
You can obtain all the above-mentioned benefits only if you have selected the best business consultancy firm. And no other company can serve you better than Docman. We offer an end-to-end solution, from initial business setup consultancy to visa consultancy. Contact us now if you want to establish a business in Dubai without any difficulty.