Forming a company in Dubai requires planning and decision making through different phases. This involves deciding the option of registration, legal structure of businesses, human work force etc. There are three options of forming a company in Dubai, which are
(1) Registering Business with the Dubai Department of Economic Development – This option is chosen by investors who expect substantial volume of business inside UAE
(2) Registering Business with Free Zones in Dubai – This option is chosen by investors who plan their major business transactions outside UAE
(3) Registering Business with Jebel Ali Offshore Authority, Dubai – This option is the cheapest and opted by business entities that have no business at all inside UAE
The costs, procedures and time taken to complete the registration vary with each option.
Starting a business is easier in Dubai if the investors arrive after careful consideration of their business requirements. These are a few requirements the consideration of which is indispensable in planning even the initial phase of setting up business. These include office space required for business, targeted market for business, number of shareholders and human work force required. It is based on this a suitable option of business registration can be decided. The above requirements also become important factors in deciding the legal structures of business.
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