Finding A Local Sponsor Near You? Read This First

For all the businesses operating in and around your region, including your own business, there will come a time when you all will feel the need to hire a local sponsor in Dubai. It I quite evident that local sponsors are important no matter how much you know about them. A local sponsor is usually provided by a professional service provider that it known to be widely accepted in the country. These services are very much legitimate and are required in almost every city in the country. As long as you are doing business in the region, you will feel the need to hire these services. Not only will keep hiring them from time to time, there might come a time when you might look to hire one on contractual basis. Wondering why local sponsors have gained such prominence in the country? Well, it would become much easier if you look around in all major countries in the world and see how much trust they lay into their local sponsors.

For one reason or another, locals sponsor almost always come in handy for businesses. It is for this reason why they are often demanded by companies from different sectors. Perhaps you are wondering if these entities are so much in demand, how come you didn’t hear about them more often. The reason is simple – we rarely pay attention to things we have no need until we actually need them. This has been the case with everything around the world. Here is more on this:

 

 

Setting Business

Even before you’ve set up your business, you should be aware of the fact that you will need a local sponsor at some stage. These sponsors are reputable and highly recognized entities in the market so their importance cannot be negated. Those who understand their true worth try to stay in touch with them from the word go. This is actually a pretty handy strategy and will likely work wonders for most businesses out there. Keep in mind the you also need to pay attention to some basics to set up your business. It may be possible that you are trying to do that in some other country, in which case these sponsors come in handy.

The next time you look for business setup services in Abu Dhabi, keep these tips in mind and they’ll help you reach your business goals.

Why Establish Your Company in Dubai World Central?

International economic and trade experts believe that doing business in Dubai is more of a luxury than a challenge. The statement does live up to its claim when you see the long list of benefits of establishing your company or business in Dubai, which has made a remarkable repute as the trade hub in the Middle Eastern region. In a bid to promote business activities, the Government of Dubai has established more than 20 free trade zones where foreign investors and companies can set up their offshore business set ups. The Dubai World Central is one of them, which is efficiently serving the cause of promotion of economic and trade activities in the country.

A number of new companies have selected the Dubai World Central Free Trade Zone as the place to set up their regional headquarters of late. There are many reasons why companies are looking to establish their units in the DWC Free Zone. The best of all is its simple registration process which allows the companies to get the best services at lower rates as against other free zones located in the United Arab Emirates. The DWC also offers an amazing infrastructure to the new entrants as they can set up their offices in the state-of-the-art building structures which are a hallmark of modern and traditional architecture.

Some of the major benefits of basing your offshore company in the Dubai World Central Free Trade Zone are listed below.

  1. Unlike an onshore company on Mainland Dubai, a company established in the DWC Free Zone allows the owner to enjoy 100 percent ownership of the stakes. There is no need to look for a local sponsor for an offshore company in DWC.
  2. All companies and production units installed at the DWC enjoy absolute tax exemptions.
  3. Companies don’t have any minimum or maximum capital requirements at all.
  4. The DWC-based companies are allowed absolute profit and capital repatriation.
  5. The business registration process at the DWC Free Zone is transparent and simplified.
  6. The process is brief and effective which allows you to set up your company in only 12 days.
  7. The owner of the offshore company gets a residency visa along with the company registration, which also covers his or her immediate family including spouse and children.
  8. Companies registered at the Dubai World Central Free Zone enjoy complete confidentiality and local authorities don’t share the details about the company’s directors with anyone.