Global business expansion is the dream of every entrepreneur especially when earth has become a global village in the era of tech revolution. Entrepreneurs consider ease of doing business, cost of business setup, bank account opening, legal support, tax policies and other factors before moving to a new place. When it comes to business setup in a foreign country, the Middle East and Europe is the best choice. Dubai and Latvia are best known for company formation at a new place due to associated benefits, i.e. residency, low cost and business growth.
Business formation in a foreign country is the dream of entrepreneurs for global trade and business expansion. Either it’s about new business setup or expanding your existing business, you need to check for the best countries where you can grow.
Dubai is a global hub for entrepreneurs from all across the world due to its strategic location, modern infrastructure, 0 income tax and low corporate taxes. Further, a stable political environment, investor friendly policies and the availability of low-cost skilled labor is another plus point that motivates entrepreneurs for business setup in Dubai.
Dubai attracts business mind people by offering many investment options including company formation in freezones, mainland company setup and holding companies.
Are you worried due to no familiarity with the process of business setup in Dubai? Saad Ahsan Residency and Citizenship is here to help you for company formation by offering our legal support from the very first step till functioning of your company. We have been helping clients to open their business branch in Dubai for over 10 years.
Customs tax exemptions are a big relief for entrepreneurs and traders that help them import and export goods to and from Dubai. This means doing business in Dubai remains affordable and you can retain profit margins.
Business formation in Dubai is protected by 100% company ownership without the need for a local sponsor or partner. This way, you can fully own and operate a company without restrictions.
There is no restriction on repatriation of capital and profit for foreigners doing business in Dubai. You can liquidate and shift your invested capital and profits from Dubai anytime without restrictions.
The business setup Dubai process starts from identifying the nature of business to get the economic license for doing business activities. Saad Ahsan Residency and Citizenship can help you in business setup Dubai process in the following ways :
There are 6 main types of economic licenses for businesses in the UAE including occupational, tourism, industrial, commercial, agriculture and professional. UAE recognizes over 2000 economic activities supported by economic licenses.
The next step is to decide the legal structure of your company that will help you operate the business as per rules and regulations. Your company could be the sole establishment, branch of a GCC company, civil company, branch of a local company, LLC, holding company, public joint stock company, representative office of a foreign company and private joint stock company.
We can help you register your trade name which should be a unique one. We can apply for trade names on your behalf via the Department of Economic Development.
The initial approval is like a NOC from the UAE government for business formation in the country. This is a go ahead to set up a business and get the license from relevant authorities.
We can help you with LSA (local service agreement) in case of sole proprietorship or MOA (memorandum of association) for other company types.
As per UAE law, every business must have a physical address for operations. We can help you get the approval of the business location from the Department of Economic Development and register the tenancy contract from Ejari portal of Dubai Land Department.
Some businesses may require some additional approvals from government departments and ministries, i.e. ministry of interior, justice, local municipal department, TDRA, health departments and Supreme Petroleum Council.
Latvia has emerged as a business hub in Europe due to its ease of doing business, low cost and favorable tax policies. As per World Bank Group, out of 190 countries, Latvia ranks 19th spot for ease of doing business. The ranking factors include starting a business, dealing with construction permits, getting electricity connection, registering a property, and getting credit. Keeping in view all these factors, Latvia is a favorite destination for investors to expand their existing business or start a new business.
The Latvia Golden Visa program allows non-EU investors to get a 5-year residency permit by investing in an existing Latvian company or new company formation. The minimum investment requirement is €50,000 along with other costs. Overall, the capital to invest or start a company in Latvia is around €100,000 including government fees and business setup costs which is considerably lower than other EU countries.
Saad Ahsan Residency and Citizenship is an experienced and trusted name for company formation in Latvia. We have helped various investors to invest in an existing Latvian company or form a new one. We provide legal support to our clients including company registration, tax filing, applying for Latvia Golden Visa, and getting the Latvia residency permit.
Saad Ahsan Residency and Citizenship guides our clients in choosing suitable immigration by investment programs. Fill in the form to get the expert and personalized immigration advice for you and your family.