It is not a surprise that the country is a hub for not only tourists but investors because of the business opportunities in UAE. Aside from the fact that there are a lot of opportunities to be taken advantage of in the country, the upcoming Expo 2020 adds to the reasons why there is an increasing number of investors in the UAE.
There are a lot of companies that are already established in other countries that want to build their names or reach their clients in the Middle East and the UAE is a good place to start.
Easy Steps to Setup Your Branch in UAE
Hire a Consultant
A business setup consultant in Dubai can definitely help you with any business-related concern that you may have with you. They have all the information and updated data that you need in order to see if it is even feasible for you to start a branch in UAE now or not yet. They can advise you which location you should choose and when you should start. There are a lot of things that they can help you with.
Research on locations
Speaking of location that is mentioned in the above, this is an important aspect of a successful building of a branch in UAE. There are a lot of locations to choose from in UAE. With the help of a business setup consultant in Dubai or UAE, you can find it easier to cut down the lists of places that you would have your branch to be established.
Laws of the country
The UAE is regulated by laws that ensure that every aspect is in order. There are locations with authorities that have their own legal framework in order to administer their location but still under the country’s laws. It is not good to assume that one authority’s laws apply to another. It is best to know from an expert, who is your business setup consultant in UAE.
Prepare the requirements
Requirements range from too big for setting up a business in UAE. There are general requirements that you are required to present, which are easy to do so, and there are others that will need you to go from one place to another in order to give them what they want or to obtain what they need.
There are steps to take like reserving a trade name, preparing the application to be given to the Ministry of Economy (which would require you to bring legal documents like board resolution, power of attorney, certificate of incorporation, audited financial statements of the parent company, main operations and activities of the parent company as a statement), obtaining license, looking into office space, opening a bank account, obtaining visas and labour cards, etc.
Because you have a business setup consultant in UAE, however, this will be easier for you. Your consultant will take care of all of this and you will only need to wait.