Despite the global economic downturn, UAE is seeing an influx of new businesses and daily we are getting enquires on how to go about starting a business and what the right incorporation process is for the UAE. This comes to show that despite the negative press Dubai in particular might be getting the city is still very much a fertile soil.
On top of that, a recession is actually a great time to consider going your own way; it’s a time of change and with change there is always opportunity. The world’s biggest corporations will tell you this, as Procter & Gamble, Disney, McDonald’s and Johnson & Johnson, all started during a recession or a depression.
Starting at times like these will give you a lead over competition, as once the economy comes out of the recession your business will be much further along and much more of an interest for investors after sitting on their cash during the downturn.
It is also likely that many of your potential competitors are facing touch times and are tightening belts, customers start looking for better alternatives, and so there may be a niche for you to offer something new and innovative or just a more cost-effective alternative as the market place goes through change.
During good times, no one questions and everyone is happy. But suddenly, things are broken and so you can be the fixer.
So how do you go about setting up in Dubai?
Although business is the main focus of the economy here, it is not an easy place to set-up if you do not know the ins and outs of the city and as well as the different alternatives you might have depending on the kind of business you want to start.
At Sentinel Business Centres we provide you with a range of cost-effective services designed to help your business get incorporated in the UAE. With over 50 years of combined experience in the region we are the gateway to doing business in Dubai, as we advise you on the most appropriate corporate structure, while getting you quickly set up.
We organise fully-equipped office space, arrange sponsorship, work permits and UAE visas, as well as provide you with any bespoke needs you might require.
Our Serviced Offices are located on the prestigious Number One Sheikh Zayed Road, and provide a cost-effective alternative to the normal annual corporate leases, as our short term office rental reduces cash flow by offering a manageable, monthly office contract.
Additionally, we provide a range of value-added services such as receptionists, meeting rooms, a personal concierge, a videoconferencing suite, hot desks and corporate gym. We also offer clients a simple Virtual Office package including mailhandling, telephone answering, and a prestigious Dubai PO Box.