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What Are The Business Regulations In Uae?
Business scenario in UAE is ever-friendly for global companies that wish to expand. Not only is it strategically located connecting west and east; but it also offers flexible regulations to set up and run a business smoothly. Let’s briefly explore the business regulations UAE offers in mainland and free zones; so you can decide which one is more beneficial for your business.
Before we dive in, it is important to know that as an entrepreneur you need to general comply by basic laws about governing your business ethically, protecting rights of your employees, adhering to consumer rights, intellectual property rights, ensure the safety of environment & health; govern the free zone where you run the business. Now let’s understand basic business regulations in UAE:
Business Regulation for Mainland: If you wish to establish your company in the mainland of UAE then check out the Federal that was introduced in 2015 on Commercial companies. Here, the local or federal government holds 25% of ownership directly and indirectly. It is best to connect with some business consultants in Dubai who can guide you on whether ...
... the rules around it suit your business needs.
Business Regulation for Free Zone: These are areas outside of the mainland and some hubs which are created giving more freedom in setting up a company in UAE. The general Federal law is applied with few exceptions. Some of these zones also give tax exemptions. Many companies prefer this as it gives them more freedom around how they do their business.
There are a different set of laws and policies if you are setting up an online business. So, if your business includes both online and offline model, ensure that you look into both of these clearly. So, understand these business regulations clearly from a professional consultant and set your ball rolling in UAE.
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