Sunday, April 21, 2013

Profitable Risks in Starting

We have been stressing the meaning of correct licensing for a decade for a very simple motive if your company is operating outside its allowable jurisdiction it can fined or be blocked down by the Dubai government several people looking to start a business, or index an overseas company, in the UAE opt for a Free Zone company because 100% foreign possession is allowed and there are insights that the rules for onshore company ownership are in total more complicated with a requirement for a 51% local sponsor. The realism however is that through a professional business sponsor like ADAM Consulting 100% foreign ownership onshore is potential via a number of different regulated & accurate license options. An onshore business license allows your company to deal directly both with onshore company’s clients and those in the Free Zones too. Recently, we have been receiving complaints from a choice of Free Zone companies, most of them in service outside Dubai, that their license had assure they can do business in Dubai under the free zone license.

We have elucidate to them that there is an established route to doing business in Dubai, If you know someone operating under a Free Zone license in Dubai who is commerce with clients who are recognized onshore with a Department of Economic Development license please put them in contact with us. We are happy to answer any questions they may have. Business owners face enough profitable risks in starting & operating a Company Formation so why add to that with needless exposure to regulatory and legal peril that can be avoided.

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