When starting a business in Dubai, foreign investors are required to communicate with various government departments, provide the necessary documents according to their specifications and develop relationships with local stakeholders.
Each step of the business set up process in the UAE, from procuring the trade licenses to applying for employee visas, requires extensive coordination. Many entrepreneurs who are new to Dubai find it convenient to outsource the service of a Public Relations Officer or a PRO to do the paperwork on their behalf.
Outsourcing the set-up processes to an experienced PRO is a popular way of reducing the hassle that comes with opening a business in Dubai. Although the Dubai government has actively sought to facilitate foreign investors by introducing apps and websites to make the set-up process as easy as possible, many find that it cannot compensate for or replace the comprehensive human knowledge of the Dubai business landscape that PROs bring to the job.
Reduced Margin of Error
Errors made during the set-up process can be costly and time-consuming, and mistakes can even have long-term repercussions for the business’s future. For instance, opening a corporate account without calculating the total bank charges or choosing a mainland company formation in Dubai without checking the available office sizes and other preconditions, can severely impact your company’s budget and threaten its growth. Therefore, in spite of the recently introduced technological conveniences, PROs remain a popular means of liaising with the government and other institutions when setting up a business in Dubai.
Single Point for a Wide Range of Services
A PRO will typically offer all major business setup services in Dubai. This includes initial procedures such as applying for company and branch formation; acquiring trade license approvals, along with approvals and NOCs from relevant regulatory bodies; processing of resident and employee visa and acquiring labour and immigration cards, Emirate ID cards and passport clearance.
They also facilitate notarisations of legal documents, annual license renewals, procuring offshore passes, customs clearances, as well as the opening of a corporate bank account. PROs tend to foster contacts in the Department of Economic Development (DED), Chamber of Commerce and Industry and more to ensure that all of these processes go smoothly for their clients.
Multifaceted Services Portfolio
Often times, entrepreneurs who have just opened a business in Dubai do not have to hire an extensive human resource or administrative staff, because outsourcing their work to a competent PRO offers more value for money. PROs are extremely professional, keeping you updated about the progress of your various applications while providing a full range of services – including the pick-up and delivery of documents to-and-from government offices and your premises. They will also maintain a timeline of your company’s renewal deadlines for license updates and employee visas and send you reminders to initiate those processes from your end.
Outsourcing these business-related services to a PRO gives business owners the liberty to focus on their bottom line, rather than government policies and legal regulations.
Do you have more questions about setting up a business in Dubai? Our experts at Decisive Zone have the answers. Contact us now to book an appointment.
Decisive Zone is a business setup company helping you find the best-suited solution when establishing a company in UAE. Decisive Zone will advise you on the corporate structure and jurisdiction to choose from, while covering all technical, administrative and financial aspects of UAE business setup.