The government of UAE gives huge incentives to the businesses that make Dubai one of the most favourable locations for business. Setting up a business is a very smooth process thus attracting more businesses to start up their operations in Dubai. That is why many businesses are starting up their businesses in Dubai.
When you are starting your business operations in Dubai there are some things you need to know. So we have made a list of few things that you should know when doing business in Dubai.
Culture and Religion
The most valued virtues in Dubai are hospitality and courtesy which are protected at all costs. Globalization is rise along with immigrants settling in Dubai that have changed the city into a city that has nationalities of different people, making it a cosmopolitan culture.
However, traditional Arab culture and Islam are dominant in the city. This has influenced the cuisine, music, attire, lifestyle, and architecture.
So you not only need to know about the culture of Arabs but also the culture of other nationalities residing in Dubai so that you can easily interact with people from other cultures. This will help your business to grow and be successful.
Dubai Company Registration
To start your business in Dubai, you need to find a local partner according to the law. The partner should be a registered citizen of the UAE and he will be a co-owner of the business. The partner is referred to as a local.
All the business activities, conduct, and association between you and the local will be regulated by a signed and attested Memorandum of Association in the court of law. The local is not allowed to take part in your business activities. The main purpose of the local business is to represent your business in government institutions.
Building Personal Relationships And Trust –
The culture of the UAE is culture-oriented so it is important that you build and maintain relationships as a vital thing to do business. When doing business in Dubai you should build a relationship that includes trust.
Help From Company Formation Firm
When working in a new location a company formation company is very important. You should take help from the experts so that they can guide you. Shallon CSP is there to help you when you are setting up business in Dubai. They make sure to help all their clients and guide them during this important stage.
