Online businesses are very fashionable everywhere the planet. The online market has an amazing advantage for millions of consumers who buy online every day.
Here in Dubai there are additional benefits to starting an online business. For one thing, it is possible for a business setup in the UAE and take advantage of the small bureaucracy and the 0% tax rate offered here while running your business from anywhere in the world.
There are a few steps involved in starting an online business in Dubai, with a few important decisions to make along the way.
- One of the first big decisions you have to make before starting your online business is that you wish to set up on a continent or a free site. If you decide on a continental setup, you are free to trade directly with your local UAE market without having to work with a local broker, and you are allowed to take government contracts.
- To some, this step may seem small, but it is very important in this part of the world. Emirates has a solid set of naming conventions that will be unique to anyone outside the region. When choosing the name of your Dubai business, you should keep in mind that it cannot include any offensive or offensive language, any reference to Allah or Islam. If you wish to put your name on your company name, you must use it fully and not just your last name or initials.
- If you wish to start your business in a free area you can apply directly to the free area in question. If you prefer to set up on the continent, you should apply to the municipality or Department of Economic Development in the area you prefer. In both cases, you will need to submit basic documents, including copies of your passport, and your completed application form
- The number of visas you can apply will depend on the size of your business and where you choose to stop. When it comes to applying for a visa for a dependent – such as a domestic worker or spouse or children – the process is equally straightforward if you provide eligibility criteria.