Interesting facts:Virtually 60% of the Emirates’ GDP derive from foreign capital investments income. Full version
One of the main questions of a new business owner in the UAE - the choice of the right office premises. In this article we will explain you what you should primarily pay attention at in order to avoid potential difficulties.
The first thing that should be noted is that an office rent in the United Arab Emirates is available to onshore companies only. If you open an offshore company, the rent of a real office or storage facilities is not allowed in the UAE. When you register an offshore company, you get the address, provided by your registration agent.
The requirements for an office or warehouse can greatly vary depending on the line of business of your company and a FTZ it is registered in. Some FTZs allow renting a virtual office; others require office premises to be real ones.
Clarify the cost of opening company, corporate or personal bank account, obtaining a residence visa, or another question regarding business in Dubai, UAE:
Summarizing, one can say that when choosing the place for registration in the UAE, not only the cost of starting a business, but also options for renting office premises should be taken into consideration. Spending less money on the registration of an onshore company, you can face such problems as high rental rates or complete absence of premises that meet your requirements.
That is why, when starting a business in the UAE, it is advisable to get the help of professionals who can assist you to choose a suitable place of registration subject to the nature of your business.
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