How to grow existing business in Dubai?
Dubai has an unrivaled access to the East and West, the world’s highest economies. With this locational facility Dubai provides to deliver efficient and network ecosystem for a growth in business. At the heart of world’s Islamic economy, Dubai is recognised as the leading financial and trading centre. In the Top 5 Global centres for trade, logistics, tourism and finance, Dubai has been constantly ranked. Making a name for itself as a primary investment destination in the world, Dubai has opened new avenues for entrepreneurs and businessmen and seek Dubai to be their next growth destination.
Advantages of Businesses in Dubai
The key highlight for business startup in Dubai is the modern and cosmopolitan outlook of the country. The main reason why the outlook on the Emirates have highly increased in the royal family’s Dubai Tourism Vision, 2020 which will double the number of tourists. This is a positive signal for the ones who has eyed Dubai for setting up business here.
The main advantages for setting up business startups in Dubai are-
- They have a strong infrastructure. The road network, transportational facilities and power supply are the plus points in Dubai providing for a smooth running of a business in Dubai.
- In mainland Dubai, foreign investments are not allowed for the country’s economy to surge. However, the free zones offer for 100% ownership without any hassles.
- The government aids for foreign businesses to be set in free zones as their motto is “every business is good business”. The government of Dubai puts efforts for the convenience and ease of running business in Dubai for foreign businessmen.
- The most important highlight why people chose Emirates for building their startup is the tax exemption policy. Depending on the size of the business, one can be exempted from taxes from 5 to 10 years. In the free zones even the workers are exempted from taxes from their personal income.
Dubai has been the star of the eye of the investors for setting up startups since the time it has shown economic stability to the international markets. The market trends in Dubai offers opportunities help build a business startup there but before starting a business one needs to understand the policies associated with a startup in Dubai so as to avoid problems that may occur while establishing a profitable business in the United Arab Emirates (UAE).
Once a business is set here, people just tend to expand its boundaries to gain more profit. Be it a startup or an established international company, Dubai provides ample opportunities to make an impact on the Middle East, South Asian and African markets. Startups in Dubai introduces the company to the most vibrating markets in the business world. The leading infrastructure, good transportational facilities, availabilities of free zone and a good government and a very high skilled labour force, Dubai is the first choice for aspiring entrepreneurs to make their presence felt in Dubai.
Euphoria Business Solutions help entrepreneurs and businessmen set up a presence successfully. From selection of ideal locations to make one aware of all regulatory laws, EBS helps one establishing a startup in just a few days. They aim to help people set us successful business here. Their services include- business setup in mainland Dubai, Accounting and Bookkeeping, Auditing, Tax Consulting, Branding and Digital Marketing.
Their aim is to provide quality services to their clients and they have been successful so far. It is evident from some of the reviews the client has made. “EBS provided timely assistance and they were very prompt with response and replies. Very happy working with them.”, said one happy client.EBS was found in 2015 and since then the company thrives in helping international businesses operate from the UAE.
The 7 step process that EBS follows in expanding business in UAE are-
- Helps in finding the best suited free zone based on what type of business is to be set.
- They help obtain trade licenses and gets all important documents certified from DED and MOA.
- They suggest the right bank to open an account in and also helps in opening a bank account.
- Helps in making the brand visible to clients in UAE by marketing the brand name.
- Helps in gaining online momentum by helping promote the brand through digital marketing.
- Helps by discussing the various compliances to be adhered to when conducting business from UAE.
- Once all the above parameters are met with, the business can be started right away.
EBS has till now helped 400 companies to set up businesses in Dubai. 20% of them has even gone for the retainer packages for marketing, accounting and PRO services. They help the businessmen soar their business by lessening the burden of paperwork and by focusing more towards the growth of the business.