Are you an investor wishing to make your investments more profitable? Arguably, setting up a free zone company is a great idea to accomplish your goal. Dubai offers you lucrative opportunities for a freezone company formation, providing a broad range of advanced facilities. You receive complete administrative support from the concerned authorities. The blog here is a compact guide to starting a successful free zone company in Dubai.
Be Sure About the Company’s Legal Structure
You have to be very sure about the legal framework of the company you plan to set up. Accordingly, the authorities will tell you about the capital prerequisites. Free zones have regulations that don’t require you to abide by such prerequisites. A good consultant offers you the right solutions on this matter.
Finding a Suitable Trade Name Is Important
It is a mandatory step you need to take. Choosing a trading name that has already been registered is not allowed. Select an appropriate name and do not fail to register it with the authorities. You have to seek advice from the Free Zone Authority of Dubai in this regard.
Acquiring a Valid Trade License
There are many types of licenses associated to a free trade zone in Dubai. You have to acquire a suitable license to set up the company. The license can be commercial or industrial. It can also be related to general trading. Discuss the issue in detail with the consultant you hire.
Selecting a Top-Rated Office Premise
It is yet another step you can afford to miss. You need to choose a good, stable office premises. You have two broad options. You can either purchase the office space or consider leasing it. It depends on the budget plan you have to meet the objective.
You Have to Get the Initial Official Approval
It is not possible to operate without initial official approval from the local and national authorities. So, try to focus on acquiring it. A reputable service provider will help you in processing it. You do not have to face any hurdles.
The Final Business License
The ultimate stage of the setup process requires you to acquire the final business license for your company. It validates the business in the UAE market. You acquire 100% ownership of the business. It also removes legal hurdles from the procedure.
Talk to a Top Consultant
It is very important to discuss the various aspects of business setup in Dubai with a renowned consultant based in the UAE. You will be aware of the relevant details.
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