Dubai’s growth means the state’s job opportunities are also expanding, leading to thriving publishing industry. Key industries in Dubai include oil and gas, transportation and communications, information technology, and tourism.
Therefore, this rapidly growing economy has resulted in an oversupply of office space. Dubai is the main destination for international publications today. It attracts several entrepreneurs from around the world to start a business in Dubai.
Dubai Marina in particular is home to all the major international brands, including Citibank, Daimler-Chrysler, Goldman Sachs, Hilton, Apple, Credit Suisse, Reebok and several other well-known companies. Free Zone is a planned zone for economic development around the centre of Sharjah. This area has become a major business, financial and administrative centre in the UAE.
The main industries in the planned area are shipping, transportation, IT, finance, chemicals, tourism, construction and food. Several industries are particularly interested in Sharjah; however, they are not wholly owned by the Dubai authorities and have a separate legal system.
They are a gold market in Sharjah wholly owned by Dubai Gold Association; Arab Farms, a real estate company with offices in Sharjah and Abu Dhabi; and the Sharjah Free Zone, a commercial development within the Free Zone.
As part of efforts to attract more foreign investment to the city, some Sharjah companies are doing business through their own business establishment offices in the city free zone.
The main advantage of doing business through the Sharjah company incorporation office is that it simplifies the procedures associated with business registration and starting a business in Dubai. You don’t have to worry about legal issues. The company formation service takes care of everything. All you have to do is give him the details of your deal and you’re done.
Want To Setup Business in Dubai?
Most professional business setup consultant companies are offering several rental options. These include studios or one-bedroom apartments, luxury villas and fully furnished offices equipped with all the essentials for a work environment. If you want to manage all publishers from one room, you can also rent space in the same available space. The license fee in Dubai covers the operational costs of these offices.
However, it should be mentioned that in Dubai publishers and offices the prices are higher than in other cities. This is because Sharjah is considered a high-income city. This is due to Dubai’s strategic location between Europe and Asia, its proximity to the United Arab Emirates and the city’s climate. Not surprisingly, the real estate market in Sharjah has become very active since the city began to attract many international companies.
Benefits of Starting Business in Dubai
Sharjah property owners enjoy several advantages when choosing Sharjah property as an investment. It also includes exemption from real estate transfer taxes. Sharjah is also a safe city in terms of crime and security thanks to the first free zone in the United Arab Emirates.
Freezing includes attractions such as Sharjah International Airport, Jumeirah Beach and Arabian Ranch. Also, there are no property restrictions in Sharjah if the owner does not live in the stated area. Sharjah properties also offer the freedom to move whenever the owner wants without being subject to any sanctions or restrictions.
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Starting a business in the United Arab Emirates can be a daunting and daunting task. You will find many people withdrawing when viewing the rules and regulations along with the to-do list. However, if you are considering starting a new business in the United Arab Emirates, there are a few things to consider.
Identify the Type of Business
Some people do not do adequate research on the type of business they are trying to start. They are just starting a business that may or may not be successful. Instead of just getting into a new business, you need to identify areas of the business that are in high demand. You must do this if you want to bring high profits to your future business. For example, nightclubs, real estate, export businesses, child care and similar services are in high demand in Dubai.
Know the Ownership Requirements
According to the rules in the United Arab Emirates, there must be a 51 percent share of residents in every shop, except for free zones such as the free zone at the airport and the Jebel Ali free zone in certain circumstances. If you are considering partnering, all you need to do is involve citizens of the United Arab Emirates.
Secure your Business License
If you want to do business in Dubai or start a company in the UAE, you will need a license to do so. There is a trade license for all types of trade in the United Arab Emirates. There is also a professional license covering craftsman, craftsman, service, profession, etc. However, you should keep in mind that there are licenses for certain categories which can only be obtained after being approved by certain authorities.