A professional business setup company is your one-stop solution to set up your business in UAE. They help startups, companies and individuals to develop their brands in UAE. The business setup consultants are experts in banking, law, visa and other formalities. There are several reasons why a start-up should choose to work with a consultant. Startups are always in a unique situation at startup as they have to maneuver through various challenging conditions and still prove to be a reliable and profitable company.
Breaking through a saturated market and training the target group for a new product or service takes experience. However, some startups benefit from incubator programs, but not all startups are lucky enough to have mentoring and incubator programs. Suggestions are the ideal solution for start-ups who haven’t had the opportunity to program an incubator.
Why You Need a Business Setup Consultant Before Starting Your Start-up
Below are some of the aspects which will tell why start-ups require to hire professional business set-up consultants for starting their business in the UAE:
Expertise
Consultants are always well versed in the skills and knowledge required to setup business in Dubai. A professional business setup company team of consultants has a wide range of skills that are not easy to find in your company. In a competitive field, you cannot risk your valuable time and resources; professional consultants have the necessary experience for your business.
Perform Extensive Market Research
One of the qualities of professional business consultants is their extensive experience in specific markets. You have worked with many companies in the same industry and are very familiar with the intricacies of market trends. In addition, professional business advisors will conduct a thorough study of the market segment you wish to penetrate. The business consultant will regard market research as one of the most important tools for business growth and creation. The highly professional start-up consultants analyze market dynamics effectively. They will trigger an alarm in the event of a change affecting your segment and notify you of any necessary changes.
An Outside Eye for Business Start-ups
The consultant does not work for your company; Therefore, they are impartial and provide you with problems and solutions that you and your team may have missed at first. Even if you ask them questions, their answers will be based on the information you provide and not on personal bias. Every entrepreneur wants to spend every bit of energy, time and a huge amount of money to start their own business and make it profitable. Organizations cannot address small but critical issues that can affect their future; professional business set-up consultants come here with a clear view.
Provide Management Advice
Most start-up leaders are relatively young and recently graduated and decide to follow their passion rather than work under a different brand. The young minds running these businesses may not have the management experience needed to get the company on the right track. Therefore, professional startup consultants, who have more than 15 years of industry experience and more, can provide management consulting based on their experience in management, licensing, finance, strategy, marketing and more. They give you ideas and clarity in all possible areas.
Simple Steps You Need to Follow to Start a Company in the UAE
Here are some of the steps you need to follow for starting a business setup in UAE as well as finding a local sponsor to act as a service agent:
- Obtaining a business license
- Registration of trade name
- Legal clearance
- Company registration application to the DED along with company suggested the name
- Registering the company name
- Trade license
- Signing a lease agreement in the presence of a public notary
- Getting authorization from Name Board and Ministry of Labor to hire people
- Establishment Card
- Document processing to receive a payment voucher
- Obtaining required approvals
- Securing location inspection approval from Municipality
- Document processing to receive a payment voucher
List of Unmatched Services Provided by Professional Business Setup Companies
- Local sponsorship
- Company registration
- Legal Advisory
- Local sponsorship
- PRO services
- Accounting and Bookkeeping
- Auditing
- Tax Consulting
- VAT registration
- Intellectual property protection
- Setting up a branch office in the UAE
Why You Need to Choose UAE for Your Business Destination
Below are some of the reasons which are showing why new start-ups prefer UAE for business set-up rather than any other destination:
Growing Business Economy
The UAE recorded a very stable economic growth compared to other countries in the Middle East. The UAE was able to overcome the oil crisis thanks to a well-planned economy.
Tax-Free Income
The UAE government does not levy income taxes, sales taxes, corporate taxes or withholding taxes. Therefore, UAE can be your go-to destination for a start-up business to enjoy a tax-free economy.
Ease in Visa Access
To set up a business in the UAE, you are entitled to a residence visa. A UAE residence visa provides you with several benefits, such as: renting an apartment or opening a bank account with a bank in the UAE.
A professional business setup company helps entrepreneurs set up their business by registering companies in the United Arab Emirates and providing other legal advice services. The expert advisors handle visas, banking, licensing and all other formalities, taking UAE law into account.
