Dubai Industrial City DIC
Why setup business in a Dubai Industrial City DIC FreeZone?
Dubai Industrial City has emerged as a very hot tourist destination with several corporate houses establishing their headquarters here. The city has been successful in bringing more companies to showcase their products. Therefore, if you too want to establish an office in Dubai or wish to start a new company in the city, you will have a lot of options to choose from.
One of the main reasons for Dubai becoming a popular business destination is because of its legal requirements for company formation. Unlike other countries, where a business can be established without any legal requirements, all the formalities are handled by the Dubai government. It has one of the most elaborate business registry system in the world. You may start up your business even without a license but it will require one before you can start trading. So, this is one of the major reasons why Dubai has become so popular among both local and international businesses.
The second reason for Dubai being so exciting is that they have some of the most efficient and inexpensive administrative systems in the world. They have also developed excellent policies for keeping records and ensuring that the privacy and protection of the workers are maintained at all times. They have a very efficient and reliable court system with many advantages. If you wish to file a case in Dubai or to get your case settled, you can do so through the courts and get good results. You will also find a lot of property and real estate properties available for purchase in Dubai.
With regards to setting up an office in Dubai, there are several factors which need to be kept in mind. First of all, you should decide whether you want to open a small office or a large commercial building. This decision will have a great impact on your business setup. For instance, if you want to set up a small office, you will require a license from the Dubai authorities. Similarly, if you wish to establish a big company in Dubai, it will be necessary to obtain a DEO or D Sustainable Company registration.
Once you are done with the decision regarding the size of your office and the type of business that you want to set up, you should look into the legal requirements for establishing a business in Dubai. Depending on what you are starting up, you will have different legal prerequisites. However, if you have intentions of starting a business which involves manufacturing, you will have to abide by the manufacturing laws of the Dubai laws. Similarly, if you are looking to develop a hotel, you will require a license from the Dubai Civil Aviation Authority.
After completing the legal setup, you can now register your company. However, before doing so, you should get an opinion from a Dubai business attorney. This opinion will help you find out the exact legal requirements for your company. The next step entails getting your registration certificate and an enterprise license from the Dubai Industrial and Commercial Zone (DICZ). These are issued by the Dubai Interior Ministry. Furthermore, your company will also need to get a registration card from the Dubai Presidency.
The business setup in Dubai is highly conducive. Therefore, entrepreneurs should not hesitate to venture into new businesses. In addition, there are many government incentives available for investors who want to establish a business in Dubai. For instance, tax benefits and exemption on income, employment, purchases and sales are provided to businessmen who register with the Dubai SCC.
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