When you are offered a lot of fascinating choices to start up your business, it becomes almost impossible to decide where you are going to put your money. Especially in a place like UAE that provides countless benefits for anyone who wants to start up a good business and make their way in life. It is always a perfectly wise idea to make sure that you understand all the pros and cons of all the available options. After having all the prerequisite information, it becomes easier to set up a business in a place that suits you and your business well.
After the government of UAE started striving to make its economy boom by incentivizing foreigners to invest in their country, different laws and jurisdictions were passed and certain institutions were also set up. One of the biggest steps that were taken by the government was to make free zones for the people that provided them with more benefits than investing in their own country with the biggest advantage being that they can own their business 100 %. But at the same time mainlands are also present in Dubai and Abu Dhabi.
Perks of Having a Business in Mainland:
Whenever someone has to choose a sight to invest money in Dubai, their first option to consider is to have a Dubai mainland company setup. This setup works under the Dubai Department of Economic Development (DED). Dubai Mainland is one of the most populous and developed areas of the UAE. With tall buildings and breathtaking sights, Dubai is an entrepreneur’s dream destination to work in. It has beautiful beaches and is full of luxurious and pretty boats and yachts.
Apart from all these things it is a hub for international investment and many people from around the world visit this country for employment opportunities. Many business giants have resided in Dubai as it provides them with a lot of flexible options and freedom of investment and all these things make it even more attractive a destination to start working in.
When we compare the benefits of starting up a business in some free zone of UAE and then we consider Dubai Main land, we would realize how Dubai main land is more attractive. If a business is set up in the mainland they are not restricted by any physical barriers or geographical barriers to limit their trade. Any company resided in Dubai main land and has a business setup there has the benefit to trade with anyone around the country along with international trade, opening up the new horizons for them and new opportunities for their business to grow freely. Setting up a business in UAE means that you do not have any trade restrictions to follow which is in itself a very fascinating thing to attract any entrepreneur who is willing to earn a good fortune and expand his business internationally.
Although the registration of a company in Dubai is not as easy as it may seem like. There are certain legal things that you have to get done with before opening a company in Dubai. One of the most tiring one is to find a local sponsor for your business. The local sponsors are not that easy to find but at the same time they are not impossible to find either. Company formation in Dubai, UAE should be done under the supervision of some good consultants who will provide you with all the information regarding the process and also help you to find a good sponsor for your company setup.
In today’s world, it is most important that any business that wishes to grow and expand itself should have access to the international market. While some countries who have easier tax laws are prone to restrict the companies working in their countries to work in someplace other than their own land. Even the companies working in certain free zones of the country do not have any authority to trade even in other parts of the country. But the mainland does not put any such restrictions on the people. All the companies operating in the mainland have complete authority to trade internationally, increasing their outreach to different markets of the world and hence making the chances of growth easier and more probable.
Another problem that is faced by people working elsewhere is the issues they have while thinking of expanding the company and increasing the labor force, Dubai mainland allows all the companies working in this area to work efficiently by expanding the business and recruit more people into the setup without any restrictions of barriers. They can open their branches in different parts of the country without living bound geographically to one region only. If a business in mainland wishes to call in people from other countries to work in their setups, they are allowed to ask for unlimited visas and hence the horizons are made broader and broader for them with every new passing jurisdiction.
If a company was opened up to manufacture or deal with a certain product and after some time they want to increase the types of services that they provide, it becomes a difficult task as they have to get permissions and licenses and the process is both long and hefty. But the setups in mainland such as Dubai mainland and also Abu Dhabi main land company setup can diversify the goods and services that they are providing making them yet another very attractive option for the investors around the world.
The government favors these companies working in the mainland by allowing them to deal with themselves and also with the other governments of GCC countries. The companies working in the Dubai Mainland can bid for the contracts of the government and hence get bigger projects.
All these benefits make the setup of any business in mainland stand out from all other types of business investments and it is surely a winner.