5 Myths About Business Setup in Dubai

According to research, setting up a business in the UAE, especially in Dubai is easier than anywhere else in the Middle East. With numerous free-zone areas, exceptional infrastructure, and strategic location, the UAE scores far ahead of its neighbor countries. However, some mythologies have been created over the years. So, if you are planning for a business setup in Dubai, you must be very careful not to fall in any kind of myth. Let Austria Business Center make you familiar with the top 5 of them.

It is Expensive

If you are expecting to setup a business in Dubai with only AED100, then yes, it is expensive. Most of the time, it requires an average of AED 5000 to AED10,000 to start a business in Dubai. This amount already includes charges for all the paperwork and legal formalities.

It is a Lengthy and Time-Consuming Procedure

The business set up procedure in Dubai will only take time if you will do it all by yourself. Furthermore, you will not be aware if you are doing it correctly or not. Therefore, it is imperative to hire a professional for this job who knows everything about business set up in Dubai. They are able to help you in business formation in as little as 72 hours.

Aside from offering flexible office spaces in the best Dubai business centres, Austria Business Center has years of global experience in providing PRO services including business licensing, sponsoring and business outsourcing. With their excellent connections with relevant government departments in the UAE, their PRO team can handle all business processes quickly and efficiently.

Knowledge in Business and Tax Law is Necessary

Each country and city have different tax laws and you surely do not want to violate these laws. However, you do not need to know every detail of it. Hiring a top professional who already has access to accountants and lawyers in Dubai will help you save time and money.

Incorrect Filling Can Get You Arrested

Movies might have a big contribution to this myth. The truth is, if you file incorrectly, you will only be charged, but will not be thrown in jail. To avoid these circumstances, hiring a business consultant firm can help you simplify your business setup in Dubai.

Offshore Businesses are Illegal

This is a complete myth. Starting an offshore business is lawful and one of the fastest and safest way to own a business in Dubai. In fact, there are already numerous offshore businesses in the main municipalities of Dubai including those businesses located in business center in business bay, JLT and Media City.

With the expected growth of businesses in the UAE in the comings years, it is important that you know what information to believe or not. If you are planning to set up a business in Dubai, Austria Business Center can surely help. To know more, visit http://www.austriabc.com/.

Feel free to contact Austria Business Center and request a private consultation. Finding the best business setup consultant could be the key to a successful a href"https://www.austriabc.com/business-setup"business set up in Dubai.