Setting up your business in Dubai Free Zone with Connect Group
Business Setup in Dubai Free Zones- Being a city big city (145 sq. km) Dubai has what you need to sustain an innovative, flourishing, and broad platform. Thus, it supports all types of conceivable industries and companies in one of the most strategic locations in Dubai; connecting East and West.
With our Business Setup in Free Zones Dubai or the Company Formation, you will discover an excellent urban environment; allowing your company to save a massive amount of time and money.
Establishing your business in Dubai Multi Commodities Center (DMCC) Freezone
DMCC provides investors and entrepreneurs setting up in Dubai the tools you need to grow your company. In addition, the Dubai Multi Commodities Center is one of the fastest and largest growing free zones in the Middle East. That is to say, the process of company formation or Business Setup in DMCC Free zones Dubai becomes easy and simple when working with us.
On the other hand, as the Dubai government authorities decided to establish the city as a global hub for trade; company formation in DMCC is ideal for growth with more than 12,000 businesses, 66 towers, and a community of more than 80,000.
Similarly, you do not need SIRA approval if you have a Flexi-desk. Further, you need a capital of approximately AED 50,000. Subsequently, you must deposit in a bank within a month of issuance of your business license and a capital letter for the free zone. Likewise, you require the minimum share-holding of AED 9,900 in order to have a partner visa.
For gold trading licenses, either any employee or shareholders must have experience in gold trading.
How to set up your business in Dubai International Free Zone Authority (IFZA)?
The International Free Zone Authority (IFZA) has become a top-leading investment hub in the UAE for various Years. In addition, IFZA has a brand partnership with the Dubai Silicon Oasis Authority; further, it offers tailored company startup packages for entrepreneurs and investors in Dubai.
Business Setup in Dubai IFZA Free zone may be one of your best options since it has cost-effective company setup services. In Connect Group we will assist you in this process providing you with world-class amenities and outstanding standards. IFZA is one of the investors’ favorite choices for establishing your business in a free zone in the UAE.
The International Free Zone Authority offers excellent company license packages for a comprehensive range of company requirements for investors. Further, the fees for company formation in IFZA are approx. AED 14,000 for zero-visa quota. On the other hand, investors and entrepreneurs can establish their company in IFZA for 44,000 for a business license valid for 3 years.
Considering the overall cost of the setup, it is one of the most cost-effective options in Dubai.
To avoid any issues and to ensure a hassle-free company formation in IFZA, the best option is to choose a registered company formation company like us. That is to say, our team of specialized experts will assist you in guiding you throughout and beyond the business formation process.
We will assist you to choose the most suitable package for the most affordable price, this way you can set up the business you want. Similarly, the International Free Zone Authority is a good choice for investors and entrepreneurs in the UAE.
The 100% profit and income repatriation, 100% ownership for foreign ownership, world-class facilities, and several investors’ benefits are making this one of the best Dubai free zones. Nevertheless Dubai Mainland and Free Zone are one of the favorite destinations for the investors. There are many investors who are also interested for making investments or starting construction company in Fujairah which can turn lucrative for the Business.
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If your business chooses the do-it-yourself approach; the first thing you must undertake is to set up a local entity via registration and incorporation. However, this will be an expensive and consuming process, requiring accounting and skilled legal support to ensure the most important thing in this area; compliance.
Similarly, of course, there are some businesses that can bear the cost and time of setting up a branch office; but there are some instances where taking advantage of a local EOR service provider like us is a better option. In addition, we have an already existing legal entity that will handle immigration and labor requirements in the UAE. Further, we have massive expertise being the intermediary between the organization and its workers; ensuring full compliance with all regulations and laws.
In the UAE, immigration policies and regulations are constantly changing. Moreover, there is more scrutiny by the government regarding visas, types of organization activities, and work permits. Thus, this makes compliance the most important challenge for relocating businesses since immigration violations have several consequences for a business and the involved.
However, instead of risking non-compliance issues with the immigration authorities; many businesses decide to work with us through our EOR and PEO services. Likewise, with this practice, your staff working in the UAE will have no problems with the overuse of business visas, multiple entries, and remote payroll. That is to say, we will handle all visa and work permit necessities and avoid complications from the immigration authorities.
Most countries will mandate businesses with workers on assignment to manage a payroll complying with the local standards and a registered entity. Similarly, this practice of “remote payroll” is not always allowed, especially for long-term assignments.
Likewise, a key aspect of doing businesses in the UAE is the withholding and calculation of the different pay deductions, such as health insurance, taxes, and pensions. We take care of these crucial areas; ensuring full accurate compliance for all your business workers. EOR and PEO services are your best employment solution; we provide the needed legal entity to run payroll with experience in tax regulations. Therefore, ensuring an issue-free process with the local authorities.