If you are a foreign business and wish to set up your operations in Dubai, you need to secure sponsorship. Therefore, expanding your business requires acquiring a well-connected and local agent in Dubai. You can obtain sponsorship through a business service organisation that offers this kind of assistance.
Changing with the Times in Dubai
Make sure that you work with a company that is devoted to sponsoring foreign businesses so you can stay focused on running your own company. In the past, a foreign-owned business that operated in Dubai had to be majority-owned by an Emirati.
Therefore, just over half of the businesses were owned locally. However, times do change. Today, the establishment of free trade zones has affected businesses. Therefore, in some instances, some of the businesses are 100% foreign-owned. This fact extends to onshore companies that are represented by foreign branches or sole establishments.
What You Will Reap by Working with a Sponsorship Company
If you work with a sponsorship company, you will receive the following amenities as a foreign-owned business:
- A free sponsorship for life
- A savings of approximately 60% on professional and administrative expenses
- Complete handling of all government-associated administrative and human resource responsibilities
- No fines or delays
- Complete transparency and accountability
Take Advantage of the Current Business Climate
When you can take advantage of the benefits of a sponsorship organisation, you can save both money and time. You can also ensure that the establishment of your business will be done right. Setting up a business with a Dubai business sponsor is a good idea, given the current economic climate.
A Great Time to Set up a Business in Dubai
Today, Dubai is permitting foreign nationals to establish limited liability companies (LLCs) in its country. It is also permitting the setup of foreign branches and sole establishments with either an Emirati resident or a resident of the UAE.
How a Sponsorship Can Help Your Business
Sponsorship enables you to realise the following:
- A sponsor can serve as a local service agent representative of the government in Dubai.
- A good sponsor will introduce your business to the resources and connections required to help your company expand and prosper.
- A dependable sponsor will assist you in achieving your business objectives.
- Sponsors in Dubai understand corporate thinking and the value proposition of business enterprises. A local Emirati who participates actively as a sponsor can advise you in a way that can help you expand. You need this type of understanding to develop as a business.
Better Business Support
When you contact a business that offers sponsorships, the task of finding a sponsor in Dubai is much less difficult. A sponsor who is well-educated and experienced as well as available at an affordable price can be a boon for business. Companies that feature sponsorships in Dubai and the UAE understand a foreign business’s priorities and will do all that they can to fulfil your company’s mandates.
An Easier Way to Network
When you work with a company that provides sponsorships, you can also realise specific business goals. A company that features sponsorship packages does everything in its power to introduce clients to the local network.
Selecting a Sponsorship Package
Typically, businesses can choose from one of several sponsorship packages when they elect to take advantage of the services of a sponsorship business. Each package is designed for the specific needs of a client. For example, if you are seeking a way to cut down on red tape and administrative tasks and have a workforce of one to five employees, you can choose a package that permits you to realise these initiatives.
How Many Employees Do You Have in Your Company?
If you have six to 15 employees working in your business, you can also opt for a package for a business of your size. This type of package permits you to enhance your business efficiency by outsourcing your government-associated HR responsibility.
Continual Expansion and Growth
If you have 16 to 40 employees in your company, you can opt for a package that can help your particular business evolve and is focused on your continual need for expansion.
Packages Represent the Needs of Various Sizes of Companies
Similar sponsorship packages are also designed for companies with 41 to 65 employees, 66 to 90 employees, and 91 to 130 employees.
Reviewing the Terms of Service
When signing up for a sponsorship package, there are some terms and conditions that you need to note as well. Check the terms and conditions when you are reviewing a sponsorship package for your business. For example, the related costs for legal or governmental documents or incorporation are excluded from the price. You need to pay for these services separately.
Grow and Profit Internationally: Purchase a Sponsorship Package
If you take your business associations seriously, you need to make sure that you receive the sponsorship you require whilst working as a foreign business in Dubai. Dubai offers a solid opportunity for companies that wish to grow and profit internationally. Fortunately, by relying on a sponsor, you can learn more about the cultural and business climate of Dubai and can get your foot in the door economically.
Obtain a Sponsor and Gain the Influence You Need to Operate as a Business
By working with a sponsor, you will find that growing your business will come more easily to you. You just need to contact a business service organisation that is committed to helping you realise this important initiative. Once you make contact, learn more about the various packages that are offered. Normally, the package that you pick will mainly be related to the number of people on your staff. Whether your start-up features one or more than 100 people, you can get the help you need by taking this approach.