Dubai Industrial City DIC
Dubai Industrial City (DIC) is the main source where innovation and development activities take place in. Dubai Internet City is set up as a hub for doing business, where the environment is suitable for business, and infrastructure is reliable. If you want to be a part of Dubai’s industrial community, then there are ample amount of business alternatives.
Why Setup Business In A Dubai Industrial City DIC FreeZone?
Dubai Industrial City has emerged as a scorching tourist destination, with several corporate houses establishing headquarters here. The city has been thriving in bringing more companies to showcase their products. Therefore, if you want to establish an office in Dubai or start a new company in the city, you will have a lot of options to choose from.
Dubai has become a popular business destination mainly because of its legal requirements for company formation. Unlike other countries, where a business can be established without legal requirements, the Dubai government handles all the formalities. It has one of the most elaborate business registry systems in the world. You may start your business even without a license, but it will require one before you can start trading. This is one of the primary reasons Dubai has become so popular among local and international businesses.
The second reason Dubai is so exciting is that they have some of the world’s most efficient and inexpensive administrative systems. They have also developed excellent policies for keeping records and ensuring that the workers’ privacy and protection are always maintained. 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 many property and real estate properties available in Dubai.
With regards to setting up an office in Dubai, there are several factors which need to be kept in mind. First, decide whether to open a small office or a large commercial building. This decision will have a significant 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, obtaining a DEO or D Sustainable Company registration will be necessary.
Once you are done with the decision regarding the size of your office and the type of business you want to set up, you should look into the legal requirements for establishing a business in Dubai. You will have different legal prerequisites depending on what you are starting up. However, if you intend to start a manufacturing business, you will have to abide by the manufacturing laws of Dubai laws. Similarly, if you want to develop a hotel, you will require a Dubai Civil Aviation Authority license.
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 determine your company’s exact legal requirements. The next step entails getting your registration certificate and an enterprise license from the Dubai Industrial and Commercial Zone (DICZ). The Dubai Interior Ministry issues these. 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 be quick to venture into new businesses. In addition, many government incentives are available for investors who want to establish a business in Dubai. For instance, tax benefits and exemptions on income, employment, purchases and sales are provided to business people who register with the Dubai SCC.