Benefits of Dubai Company Formation to Foreign Investors |
| Date Added: October 19, 2011 05:38:39 AM |
| Author: Salem Ali |
| Category: Business & Economy |
The will for international entrepreneurs to set up business in Dubai overshadows the high costs of setting up the business. Some of the factors that have played important role in encouraging international Dubai company registration include the location of Dubai. Dubai is strategically located in Gulf, which lies between Asia and Europe and thus, the convenient location for entrepreneurs interested in global trading. The other reason why Dubai company formation is in high demand is the cost benefit associated in operating from Dubai. Companies operating from Dubai enjoy low cost energy in operations and thus, long-term benefits offset the high cost of setting up the company. The other factor that contributes to high Dubai company formation is the 100% foreign ownership benefit. Foreigners can wholly own a Dubai business if it is located in the UAE free zones. The other factor that supports Dubai company registration by international entrepreneurs is the efficiency offered in international trading especially the international trading tax benefit. The other factor that encourages Dubai company formation is the Dubai modern infrastructure. The UAE government has massively invested in infrastructure such as airports, roads, ports and telecommunication, which facilitates smooth company start up and operations. The other benefit that companies operating in Dubai enjoy is the unrestricted employment of expatriate staff. The other factor that greatly facilitated Dubai company formation is the government support and incentives offered to start up businesses. The services and incentives are offered by Dubai Development and Investment Authority (DDIA), which is the body mandated with foreign investors support. In 2006, the body opened an office in Hong Kong in order to attract investors from Asia Pacific in setting up companies in Dubai. The purpose of DDIA in Dubai company registration is link building to investors interested in Dubai company formation. Furthermore, the body provides investors with detailed information regarding the business start up services available. Some of the services investors interested in Dubai company formation benefit from DDIA include the business plan preparation. Investors with little information regarding Dubai company registration can request help from DDIA in preparing a detailed business plan. The other information DDIA can avail to interested Dubai investors is the financial and legal information. Some of the financial data DDIA will avail to aid Dubai company registration include the micro-economic, macro-economic, financial, demographic and legal requirements. Therefore, DDIA should be the first stop for every investor interested in Dubai company formation in order to facilitate investment plans. The other hurdle DDIA enables investors interested in Dubai company registration to overcome is capital generation for investments. The body helps investors raise the needed capital to run a business in addition to networking multinational corporations with potential investors. The other benefit DDIA offers in Dubai company formation is the set-up efficiency through Single Window Service. Single Window Service enables all Dubai business startup services to be undertaken under one roof, which eases the legal process therefore reducing the set up time needed to start a business. Moreover, DDIA continues to offers additional services upon Dubai company formation such as the company value adding services. Salem Ali is the author of this article on Business Incorporation in Freezone. Find more information, about Dubai Company Registration here. |
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