One of the benefits of having your own import export business is that it provides you with a steady income. There is no doubt that this income can be a significant source of income. It is therefore important that you focus on this line of business so that you can earn some extra money. If you want to make sure that you achieve your goals, it is a good idea to start a business. If you don’t have much money, you can seek out financing so that you can set up a business. It can be quite stressful to launch a business. However, it can be a very rewarding experience. Your success depends on the quality of the products and services you offer. If you work hard, you can grow your business and start Business setup in Dubai.
Why Start an Import-Export Business in Dubai?
The United Arab Emirates has a population of nine million people. The country is located near Africa and India and is part of the Arabian Peninsula. Its capital city, Abu Dhabi, is home to a thriving, cosmopolitan community. Many people think of Dubai as being the best place to live. Dubai has all of the amenities you would expect from a developed country. It has modern, high-rise buildings and wide streets. There are plenty of restaurants and shops. You can shop for luxury items, electronics, and clothing. It has the best health care facilities. In addition, there are many attractions like museums and historical sites.
Select Your Business Activity
There are many different activities that you can offer to your customers. Your main business activity is the one that generates the majority of your income. This is the only activity that you can choose from when you are starting up a new business. If you want to be successful, you need to decide on what activity you want to offer first. The type of business activity that you decide to offer depends on the type of product or service you offer. Some examples are: selling real estate, selling insurance, selling goods, and selling health care products. You should also make sure that your business activity is legal for Company registration in Dubai.
Choose Your Location
Dubai has set up a number of free zones to encourage business growth. These are called free zones. They are separate areas with different rules than those outside the free zones. Many of these areas offer various services and incentives to attract investors and entrepreneurs to set up their businesses there. The Dubai World Central Free Zone offers tax advantages. Businesses set up in this zone are exempt from paying import duties on goods imported into the country. There are no customs offices, which means that all imports and exports take place at the port.
In addition to free zones, Dubai has a special area called Dubai Silicon Oasis. This is an area dedicated to research and development. The government encourages businesses to set up in this area.
