BusinessJuly 9, 2014by TTE GulfCost behind Business Setup in Dubai, French Businessmen Must Know

Every businessman is willing to move to Dubai and set up business in the freezone and reap reward of their valuable investment. Businessmen must develop a viable business plan that answers the question of initial cost of setting up a business.

We know that Dubai is tax free and it attracts to all entrepreneurs but one should keep this thing in mind that getting a new trade license requires fees. And for that you need to consult legal consultants in Dubai.

Being French man, if you want to start a business in one of Dubai’s free zones therefore you have to consider that each and every free zone has its different procedures and fees for start up. It is also noticed that many free zones also set a criteria that owner should have minimum capital amount if he/she is going to establish company or enterprise in the free zone. But this condition is not applicable for an owner who wants to open a branch of an existing company.

When you are going to start a business therefore you also need to consider cost of running a business and have to sponsor your employees and assist and provide theme visas and paper work as they can be accommodated in the country.

If you want to open a trading company therefore you have to keep cost in mind for future for importing goods to the country. Dubai Customs has given clear guidelines for goods that can be imported and their costs.

If your company is operating and trading within the GCC so customs fees will be less costly due to GCC common market.

Business setup in Dubai has been so easy that everyone can take benefit from it and by paying only license fees a business can be started in tax free zones in Dubai.

TTE Gulf Management Consultancy, the leading consultancy company of UAE and provides every type of consultancy for business setup Dubai from initial level till maturity of the business.