Choosing the best business setup in free zone is so easy!
A lot of factors need to be taken into consideration if you have decided to set up your own business. There are several things you have to go through before you can finalise on your company set up and how you will continue in the field. It is no easy task for sure, but is a must that you freeze on the first few requirements before you finalise the working options and how it would work for you. Dubai is one amazing option if you are planning to start a company. The benefits in a business setup in free zone Dubai is like nowhere else. You would almost be supported by the government to do better and that too in lesser time than a regular business. So, the obvious question – how is this possible? Read on to find out.
1. Better tax laws: The simple fact that you are not being taxed for any of the profits you make or any income for that matter makes Dubai one of the most favorable places on the planet. You are instantly in line for making better profits and at the same time, you would be able to save better and grow your company better.
2. 100% ownership: Being able to call the company your own is one thing, but to be able to own it without the support of a local sponsor is another. Any country around the world asks for a local presence or a local national before you can set up a business. It is only in Dubai that you would be given 100% ownership rights to the company and would be the sole responsibility of the company. You would be the only decision maker to the business and no one else would be able to question your line of thought.
3. Successful surroundings: Being surrounded with huge businesses will always help you. The main reason being the amount of goodwill you can generate and the good market to be present in. This will make you grow quicker and post better profits in lesser time. Such advantages are rare to find in a country especially when you are a foreigner.
4. Infrastructure: Being able to invest in a location that gives you huge benefits in infrastructure means a lot. You would find it quicker to set up your business and even quicker to get profits coming in. Not just would the city infrastructure help you attract talent but the business setup in free zone would help you realise your business potential quicker.
It is definitely better to hire a consultant along the way when you are setting up the business. It would give you that extra bit of leverage to understand businesses and how you will get a clearer picture during setup. A renowned consultant like flyingcolour.net would be a smart choice. With a team of experts dedicated to understand the moving market scenario, they would be able to give you a precise and concise idea about the business you want to setup.
