A number of people opt to set up company in Dubai due to several reasons such as ease of doing business, high demands for products, and proximity to new markets in the region. Dubai is also strategically located right in the crossroads of three continents namely Asia, Africa, and Europe.
It will not take a week to start a business in Dubai after you have followed all the legal procedures required. Before you start out with all the legalities, you have to look into the following elements:
Online shopping has become a highly comfortable way of doing business. It has become popular in the UAE same as in the rest of the world. E-commerce in the Middle East became in demand that most shoppers shifted to online shopping instead of the traditional shopping modes.
When you apply for an industrial license in Dubai, it is better not to do things on your own or else you will be sorry in the end. Learn the Requirements and Preconditions for Acquiring an Industrial License in Dubai.
There are various advantages offered in Dubai free zones which makes it highly sought after by international and local entrepreneurs alike. To enjoy the advantages of a free zone, one needs to secure a license. There are various types of licenses that can be acquired at the Dubai South Free Zone.
The direct to this question is no. Free zone companies are not allowed to conduct business in mainland Dubai. For us to know the nitty-gritty details about this, it is wise to find out more about the free zone and mainland jurisdictions.
A business organization starts from a brilliant idea which is implemented and resulted in profit generation while providing goods and services to consumers in general. An offshore company setup is a great way for entrepreneurs to join international trade.
The advent of the internet facility and the popularity of smartphones helped in the growth of the e-commerce industry. These days consumers shop online for consumer goods and services from clothes to cars. It is not a surprise why e-commerce has developed in all corners of the globe. E-commerce makes shopping easy, convenient, and time-saving.
Taxpayers in Dubai and the UAE have to be prepared for the implementation of the 5 percent VAT which has been implemented recently. This came after having gone through several hurdles and teething concerns.
There are many reasons to why property ownership has become more attractive in Dubai than that of property rental. This has been brought about by softening of prices, more choices available due to new developments, and more affordable home loans.