What You Need To Know About Starting A Business in Dubai
Are you planning to start a business in Dubai? The city is renowned for its business-friendly environment, which provides a platform for entrepreneurs and businesses to grow and succeed. If you're considering starting a business in Dubai, here are some tips and tricks from the leading business setup consultants in the UAE . Choose the Right Business Structure Selecting the appropriate business structure is crucial to starting a business in Dubai. There are several options available, including a mainland company, a free zone business setup , and an offshore company. Your choice of business structure will depend on your business activities, ownership, and taxation requirements. VAT Registration VAT registration is required if your business is registered in the UAE. This process involves registering with the Federal Tax Authority (FTA) and obtaining a VAT number. Businesses with an annual turnover of over AED 375,000 are required to register for VAT. Obtain Licenses and Approvals O...