ISO is a non-governmental organization. It deals with the worlds largest developer of international standards. It acts has a bridge between the public and private sector. ISO has published 22306 International Standards and related documents. It covers
almost every industry.
Dubai is one of the best city in the middle east. The city of Dubai is also called the city of
Gold. People from all over the world comes to Dubai to fulfill their dream. The city of Dubai is a renowned global city whose importance to the global economy is almost unparalleled. Dubai has grown to an advanced country within the span of few
years, Because of its strategic position, actively-diversifying economy, and excellent trade relations and prestige, Dubai is an excellent location for any businesses looking to expand or invest, especially into Middle Eastern, North African, and Central and South Asian markets, or anyone looking to do business in the Middle East region. Dubai attracts huge customers from all over the world. If you want to start a business in Dubai, there are a few things to be aware before proceeding. First, as a result of ownership laws in the UAE, foreigners cannot hold majority ownership of any businesses in Dubai and must have an Emirati partner who holds at least 51% ownership of the venture. Notable exceptions to this ownership rule are Dubai Internet City and Dubai Media City, in which non-nationals can own 100% of a business. Secondly, the process to start a business can be daunting for someone who does not know how to navigate the tricky business registration process, so it would be best to have someone who has gone through the process before as a guide. Thirdly, Dubai is tax-free but does not hold a free trade agreement with the US, so tariffs can still be raised when engaging in trade between the two nations.
Since Dubai is the hub of all business activities any successful business group
would dream of having a hold in the Middle East. Dubai is also an investment-friendly country, the process of business registration is not so complicated, like in
1.Selection of a local sponsor
- local sponsor, who is a UAE national is required. You need to have a locally
registered LLC business.
- A UAE national must be taken as a 51% partner who is called a local ‘sponsor’.
- A local company provides the freedom to locate a business anywhere in the city.
- A sponsor must be paid a yearly fee which can be negotiated.
- To develop a rapport with your sponsor so that he is ready to help you in sorting out any problems you may face along the way with authorities.
2. Free Zone allows you to own your business 100%
If you are doing that type of business which is suitable for Free-zone, you will
have to following advantages:
- 100% ownership
- Speedy startup
- Duty-Free customs boundary.
3. Select a Good Location for business
Select the most suitable location for the business. If you are planning a Free Zone
the company then you must make the selection based upon the criteria of distance, costs and if it is suitable for your product, business model, and trade requirements. A tenancy contract must be concluded. If you’re aiming to start a small-scale enterprise, then the basic amenities, like telecommunication, storage, and space inside the establishment is the basic concern that must also be satisfied. Other services available in the commercial property can vary greatly.
4. Visa eligibility and requirement
For a business startup in the UAE, a visa permitting you and employees to live in UAE is essential to run your business. Visas are allowed for almost all businesses.
However, their number varies according to a variety of criteria such as the size of
the office, nature of the business, the category of the employee or the investor. If
your business startup in Dubai is a local company then you definitely need to work with your sponsor to get your visas – at least the first time.
5 Business visa Process
Business visa application in Dubai is not very difficult as long as business is good.
They encourage all sorts of good business. However, you need to have your sponsor apply a visa for you as the investor of your business startup. Aside from
your passport and other legal requirements, a letter is also needed from your sponsor to highlight his or her, or your personal information, the reason for the visa application, and the likes before processing. Subsequently, you may be\ allowed to apply for the visas of your employees if your sponsor agrees to give
you the authority.
6. Registration agent
Hiring a business consultant firm to register your business is the best option. They
actually, register the company for you. And will help with opening your bank account, arrange for an auditor, do your renewals and offer you nominee services. In most cases, these firms offer a team of experts to plan out your company registration from scratch — this includes the strategies you need to follow in order to smoothly set up your business, itemizing potential costs, offering licensing and location options, coming up with solutions for potential business hurdles, and so on.