It may sound a little different but at the end of the day, it is still a Dubai based business. There are several different things one can say about free zones, but to many, it means little considering that the idea is to start a Dubai based business. It is true whether you have a Dmcc business setup or in other free zones in the city, all are located within Dubai but when it comes to the legal matters, free zone businesses are vastly different to their mainland cousins.
Doing business in any corner of the world is never easy. There are too many things you need to take care for and each comes with its own sets of dos and don’ts. The only constant here is to stick to the rules and regulations of starting fresh business and the need to do it in accordance to the law of the land. Keeping this in mind, it has been observed that a lot of people look forward to starting business in a free zone which makes sense. Know that despite some shortcomings, free zone startups are quite handy in nature and may offer several appealing propositions to the entrepreneurs. Even more interesting is the fact that when entrepreneurs find such facilities, they feel motivated to offer some incentives to their customers as well. Here is more on this:
Why Free Zones?
Note that this doesn’t happen in every case but some entrepreneurs firmly believe in incentive motivation so they do it as often as they can. Apart from incentives, going for a free zone business is also a lot easier than a mainland one. Free zones are essentially government entities so whatever they offer to investors, it is all backed by the government. From business ownership to tax exemptions, all handy incentives are for real with no bluff in them. Another important point to learn from it is that these incentives will remain in place until there is a change in the government policy. So, there is every reason for you to feel comfortable. The fact is that Dubai offers a number of great opportunities to do business so you should take the opportunity to start yours.
Despite the facilities and incentives, it is better to think about the type of business you have plans to do from this city.
In the meantime, you might also need to do look forward at Dwc company formation as a second option to do business.