Business Setup in Dubai

Business Setup in Dubai: Why Dubai is a Favorable Marketplace

Over the past few years, Dubai has firmly established itself as a global leader by providing unravelled access to the world’s most potent economy. Liberal business policies and readiness to address the needs of the business world has made Dubai a more favorable destination for entrepreneurs. Currently, Dubai has the most future-forward economy for accelerating the growth. If you too are planning to establish your business overseas, then Dubai is the most favorable destination for you. However, before pursuing your dream, one thing that you must take care of is the Chamber of Commerce and UAE Embassy attestation.  

Business Setup in Dubai

From low logistical and operational costs to an international outlook, diversification, and liberal government policies, Dubai is apt for all the aspiring business owners. There are millions of benefits of starting your dream business in Dubai. Let’s learn more about these benefits.

1. Strategic Location

The strategic location of Dubai provides it an advantage of being at the center of the international trade route between the East and the West. It is the gateway to the world’s most progressive markets, i.e., China, India, and Africa. This buoyant local economy is endowed with ample cheap supplies. 

2. Economic Stability

The continually evolving economy of the UAE has allowed it to maintain a position of leading Gulf country. The high-end infrastructure and execution of the smart initiatives by the UAE government has changed the face of Dubai and made it the smart Arab city. The govt. has also made initiatives to keep this economy open and free to attract foreign investors and business.  

3. World Class Infrastructure

The world-class infrastructure of Dubai enables sophisticated and smooth functioning. From specialized free zones to international airports, seaports, power, residential accommodation, regional and international freight service, and other utilities, Dubai has the best infrastructure in the world.

4. Tax-Free Economy

The tax-free economy of Dubai lures business owners, entrepreneurs, and investors from all over the world. Low value-added tax (VAT), no direct taxes, low custom duties, no foreign exchange control, stable exchange rate, and numerous such policies are designed to increase foreign investment in the country.

5. Extensive Trade Network

Dubai also boasts an extensive foreign trade network extending to numerous countries and providing diverse choices. Its liberal visa policies also permit easy import and export of goods as well as labors.

Why is Document Attestation Required

Why is Document Attestation Required?

The United Arab Emirates (UAE) is a developing country, whose economy has skyrocketed in the past few years. The glimpse of the cultural diversity can be seen and felt in the lifestyle, culinary trend, fashion, and music of the UAE. Although, the country has been rooted in Islamic tradition, but still other religions are nurturing here. The population of expatriates is much more than the Emiratis in UAE, and out of all the other expatriates the Indians comprises of 27 percent of this expatriate population. There are numerous agencies rendering Indian document attestation for Dubai. Let’s discuss how document attestation can assist you with your international move.  

Why is Document Attestation Required

1. Document Acceptance Overseas 

With globalization, the phenomena of migration among people has increased steadily. The major reasons behind this population shift are many, including better lifestyle, employment opportunities, educational institutions, and healthcare facilities. When an expat move from his native country to a foreign country, then the only evidence that proves his genuineness is his documents. Attestation of documents from the required governmental department proves that the presented document has been scrutinized thoroughly and is completely genuine. Only the attested documents will be accepted by all governmental as well as local authorities in the UAE. Attestation offers the required authenticity to a foreign originated document overseas.

2. Visa Approval

Visa is a preliminary document required by expats for entering any foreign country legally. Depending upon the requirement, different types of visas are applied for the UAE such as UAE Employment Visa, UAE Residence Visa, UAE Student Visa, and UAE Business Visa. Different types of attested documents are required for different type of visa, for eg, marriage certificate attestation for Dubai residence visa. A visa request will only be entertained by the UAE Embassy if the required document has been attested by the Ministry of Foreign Affairs and other govt. departments. An expat must submit all attested documents with the UAE Embassy for processing their visa request and receive their visa without any delay or hassles.  

3. Getting Employment 

The main reason behind the thriving expat community in the UAE is employment. The establishment of several multinational company in the UAE allures expats from all over the world to work here. If you too are one of those searching for jobs in Dubai, then attest your educational documents in advance for increasing your chances of getting a job by 10 times. UAE work permit is a complicated procedure requiring thorough attestation and examination. Get your documents attested in advance from the MEA, UAE Embassy, and the HRD/ Home Department/ Chamber of Commerce.     Whether you are traveling to the UAE or to any other country in the world, certificate attestation is requisite in order to prove a foreign-originated document legal. There are numerous agencies from where you can seek professional assistance as certificate attestation is a complicated nad time-consuming procedure.