If you are planning to open up a startup, the promising option for you is of the freezone. You can easily start your company in the freezone of Dubai. These freezones are a treat for entrepreneurs. It gives you so much ease of opening up your business in Dubai
In Dubai freezone companies have an access to almost everything. Moreover government is taking amazing initiatives and creating more and more opportunities for entrepreneurs.
When you open up your business in Dubai, you reap several benefits. Because of maximum benefits, entrepreneurs look forward to open up their businesses in UAE.
Freezones are free of taxation and there no such rules and regulations. Entrepreneurs get the maximum flexibility to conduct the operations. For sure it is perfect to say that freezones are heaven for every businessman.
Here are some points which you need to consider before opening up a business in Dubai.
You need to choose wisely
Setting a company in UAE is surely a great thing but you need to do your homework first, you need to search for the best freezones that give you maximum flexibility so that you do your business freely, you need to see the tax laws, process of establishment, their legal structure then you decide on which freezone you want to opt for.
You need to complete your homework first
Lack of knowledge always becomes a problem for everyone so, you need to complete your homework. You need to get the maximum knowledge about the freezone you are choosing. When you set up a company, you just don’t only register it but, you take proper guidance from an expert. So, the thing is that you need to consultant any business setup consultant so that he gives you the best advice.
He will tell you the pros and cons of freezones, he will assist you with the complete procedure which will surely help you in taking the right decision.
FZCO &FZE, what is the difference?
Mostly people don’t know about the FZCO and FZE. It is so very important to understand the difference between these two. FZE is a company that come to life by a single entity, it possess a single shareholder. On the contrary a freezone company is bound by two or three shareholders.
All in all it is beneficial for you to set up a business in Dubai but you need to take the above mentioned point into consideration before opening it. If you wish to receive more insights, read more