Dubai is now a business hub on an international scale and has enticed business people from the across the globe because of its location, its stance as a tax- haven and its infrastructure. If you are thinking of starting a business in Dubai, it is important to know what the minimum investment you need is. In this guide, we explore multiple factors that have bearing on startup costs and explain low-investment business options available in the emirate.
Understanding the Types of Business Setup in Dubai
Within Dubai there are two main business setup jurisdictions:
Mainland: Companies can set up shop anywhere in Dubai and can do business directly in the local market. Yes, but some processes may also require a local sponsor or service agent.
Free Zones: These are specific regions with two side benefits - including 100% ownership, free of tax and simple set up. Some of them are Dubai Multi Commodities Centre (DMCC) and Ajman Free Zone (AFZA).
Conclusion
Business On a shoe stringStarting a business in Dubai does not always have to entail a major investment. Entrepreneurs can successfully set up and expand a business here by learning about the different options available and costs involved, and by tapping into low investment business models. Good planning, proper market research and good decisions are essential for making the most of your investment.
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