If you have already decided to register a company in UAE, then you have made the right decision at right time. Factors like speedy recovery from global economic crises and being the host country of Expo 2020 shows how willing and determined the government of UAE is to provide stable market conditions and countless business opportunities to investors so that they can invest in UAE with confidence. But, before registering your business in UAE, there are a number of things that you will have to consider so that you can get the maximum benefit out of registering your business in one of the strongest economies of the region. If you are not sure as to what information you must acquire before registering your business in UAE, then the following tips will help you a great deal in making a well-informed decision:
In which Emirate you want to register your business?
If you don’t know already, UAE consists upon 7 Emirates and all of them have their own set of rules and regulations for company regulations. Every Emirate of UAE has an independent authority that regulates businesses within the Emirate. For this reason, one of the first things that you will have to decide is the selection of the Emirate in which you are going to establish your business. If you don’t know already, you will be only able to indulge in business activities in the Emirate in which you have registered your business unless you acquire licenses to establish branches of your business in other Emirates of UAE.
Do you want to register your business with the Economic Department or in a Free Trade Zone?
Nest thing that you will have to consider is to decide whether you are going to register your company with the Economic Department of the Emirate in which you are going to register your company or you prefer RAK free zone company setup. Make sure that you only make your decision keeping your business nature and its requirements in mind.
What activities you want to add to your trade license
Another very important consideration that you will have to make before registering a business in Dubai is to decide that what business activities you are going to add to your trade license. This is important because you will be only allowed to indulge in business activities that are mentioned in your trade license regardless, of whether you register it with the economic department or you are going to opt for Ajman free zone company setup.