There are many important aspects you should
consider before Company Setup in Dubai. Some
of these are:
The minimum share capital is normally set out
in your proposed company's Association Memorandum. In most cases, when you set
up, you don't have to pay minimum capital. Hence share capital must be
considered at the time of incorporation.
The best way is to list some offices with
costs and other details once you have your legal procedures and forms in place.
This would mean clear progress once your legal formalities have been done. In
free areas you can find the right premises for your use and help with the installation
of electricity, internet, water and other amenities.
You have to hire managers to supervise
businesses in most legal forms of the DED and have them ready to join them
before registration is approved. However, you may not be permitted to hire in
other cases. For example Emirati business owner license holders are not
permitted to recruit staff, but can recruit contractors. Each zone has its own
specific business structure rules for free areas.
A local agent, partner or sponsor is
obligatory for DED licenses and this support is great for foreigners. A local
contact can help the business effectively move forward for free areas. This is,
however, not compulsory and Dubai as a business destination is easy for all
businessmen irrespective of their nationality.
Thus, we have seen key aspects, which need to
be considered after Business
Registration Dubai is complete.
For more information please visit www.zolagroup.com
No comments:
Post a Comment