Business Setup in Dubai - Setting Up a Company

 Business Setup in Dubai is one of the fastest-growing tourist business industries in the UAE. It is the fastest-growing sector, with more than 100 companies set up every month in the free zones alone. Despite all the positive development happening in the country, business setup in Dubai is still thriving and expanding. This is due to the favorable environment in the free zones. Many businessmen see Dubai as a perfect place to start a new business.

The free zones of Dubai are famous for attracting business set up professionals from all over the world. There are also several economic incentives offered to attract such businessmen to the city. Businessmen find Dubai's location - located between the Persian Gulf and East Africa - as one of the main reasons for setting up their base. This strategic location offers many benefits like easy accessibility to major markets, cheap labor, tax-free salary, good business infrastructure etc. Thus, many businessmen choose Dubai as one of the destinations for setting up a business.

Apart from the benefits offered by the free zones for corporate set up, Dubai also provides many other business facilities necessary for business setup in Dubai. The most important factor that contributes immensely to the smooth running of any business is location. A businessman cannot run his company without a fixed address; that is why Dubai's strategic location makes a perfect choice for setting up a business.

Dubai has a very conducive environment for setting up a new business. The climate is pleasant most of the year and relatively moderate in the off-peak months. The cost of living in Dubai is also comparatively less, making it an ideal choice for new entrepreneurs. All these factors combine to make Dubai one of the favorite destinations for new business setups.

However, there are still many aspects that need to be taken care of while setup a Dubai business. One of the most important issues that concern new entrepreneurs when setting up in Dubai is the visa requirement for entering the emirate. For instance, there are specific rules and regulations regarding immigration and work permit. However, even after getting the visa, a company owner may not be able to do business in UAE without a commercial agent's services. This is mainly because of the absence of a proper business visa regulation for UAE.

Another major issue concerning the setup of new businesses in Dubai is the registration of its companies. The only way to register a new business in the country is to incorporate into a free zone company or an offshore company. However, both these options have several disadvantages for a new entrepreneur coming to the city. However, due to specific special rules and regulations, the Dubai government allows both these options for the registration of new businesses.

One of the primary reasons why the Dubai government allows the free zone and offshore company incorporation to help set up for new businesses in the emirate is the presence of some governmental laws and regulations. These laws and regulations help maintain the quality of life and business standards of the city's people. Among these laws and regulations are the Companies Act, Registration of Companies, Corporate Registry, and Intellectual Property Office. These laws and rules are also helpful in controlling corporate bodies' activities and ensuring the quality of services that a company offers to its customers.

However, despite all these advantages provided by the country's corporate laws, there are still some issues that have to be considered before starting business activities in Dubai. For instance, business owners planning to set up a Dubai company need to be aware of the legal requirements related to their company formation and registration. Also, they also need to be aware of the different legal provisions that could affect their company creation and other business activities in Dubai.