Things to consider before registering a business in Dubai

The fact of the matter is that Dubai is one of the most important markets of Middle East and North Africa region. Dubai not only possesses one of the most active ports in the region but it is also located at a strategically important location where eastern world connects with west to channel international trade. Moreover, it has a very strong economy backed with stable government that promotes economic activities through their business friendly policies.

All these factors make Dubai an ideal market for foreign investors. This is the reason why thousands of foreign investors choose Dubai as their business destination and register their businesses in the emerging market of Dubai. If you are also going to visit Dubai for the same purpose, then it is highly recommended for you to consider a few things before registering your business in Dubai so that you can make a well informed decision in this regard:

Where are you going to register your business?

One of the first things that you will have to consider before registering a new business in Dubai is to determine which economic jurisdiction of Dubai suits best for your business. Yes, there are two different economic jurisdictions in Dubai. Either you can register your business with Dubai Economic Department to offer your products and services in the local market, or you can set up business in Dubai free zone to have an easy access to international markets. Make sure that you make this decision keeping the nature and requirements of your business in mind.

How do you wish to register your business?

Another very important consideration that you will have to make before registering your business in Dubai is to make sure whether you are going to register it yourself or you are going to take on the services of a business consultancy firm for this task.

If you are planning to register on your own then you will have to make sure that you have time, energy and will to take on the responsibility of completing the hectic procedure of setting up a business in Dubai on your own. You should only consider this option if you have complete information and knowledge about the company formation process in Dubai. In case, you do not want to get into the stressful and hectic procedure of business formation in Dubai, then it is highly recommended for you to hire a good business consultant for this job. Read here for more information in this regard.