An analysis of economic zone & free trade zone is the first instance to be considered while establishing a business venture. Various impetus of normal advantages of free zones over non free zones in Dubai are as follows

Upsides:

  • 100% ownership in his/her venture , no native benefactor required
  • Venture premises are easier since 38plus FTZ are accessible
  • Duty is imperceptible as to non-free zones
  • Zero corporate tax
  • International currency can be contused
  • Privilege in personal income tax
  • Venture licensing pace is less in free zone area
  • Establishment disbursement is profound
  • Entrenched root
  • Entrenched IT & Security
  • Amicable environment
  • Malleable visa policy
  • Easy &flexible labor laws
  • Easy freightage
  • Ready warehouse access
  • Zero stipulation 24*7

Mandatory Procedures to Be Followed For Venture Startup

Certain pre-requisitions are to be mandatorily followed which should be in accordance with the legal bindings of Dubai business incorporation system and also certain pre startup to-do list have to be undertaken for incorporation of the venture in Dubai

Pre Start-Up:

  • Discussion with a business guru
  • Selecting the right venture market
  • Name of the venture
  • Licensing of the venture
  • MOA for the venture
  • License and approval certificates
  • Prior reservations of corporate premises

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    Originally posted 2021-09-24 08:27:08.

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