21 January, 2022
Dubai is well-known for having one of the most lucrative markets available; as a result, it attracts a large number of investors. However, in order to realise their ambition of starting a business in Dubai, investors must relocate to the same location as in the past.
However, Dubai has begun to offer investors the option of establishing a virtual firm that can be run from anywhere in the world. It relieves an investor of the stress of moving while also requiring less money than the traditional method of beginning a firm.
You will need to apply for a virtual company licence in Dubai in order to launch the company digitally. As a result, as an investor, you will be able to start up and run a firm virtually without having to relocate to the country. A virtual firm licence in Dubai will allow investors to conduct various operations such as online submitting and signing documents, which will be lawful in the city.
The main process for obtaining a virtual company licence in Dubai consists of three steps:-
The key advantage of having a virtual company licence in Dubai is that investors can have remote access to such a large and lucrative market without having to physically enter the country.
A virtual company licence in Dubai, in addition to providing remote access, is a less expensive option of starting a business in Dubai. For freelancers, a virtual company licence in Dubai is a wonderful alternative because it allows them to access the market without having to apply for any type of residency visa.
When an investor decides to start a business operation in Dubai digitally, setting up a virtual office is a simple effort because most services are handled by a third-party service provider rather than the investor.
Choosing a virtual office in Dubai is a method that assists in the management of a business on behalf of the owner. The services that are mostly included in this are phone and mail management, where all calls are answered on behalf of the owner by the service provider.
As a result, there are no overhead fees associated with having to pay a lease, electricity payments, hardware, or any of the other expenditures associated with having to set up an office physically within Dubai with the virtual office space in Dubai.
Due to the higher savings compared to the traditional way of setting up an office, the investor will be able to pass on the savings to various clients while also having a visible effect on the profit margin, allowing you to invest more into your business setup as well as the people who are associated with the business.
In matters like business setup, people tend to get confused and get in chaos due to several rules, regulations, and multiple requirements. This is the time when people tend to look for an expert. A lot of chaos can be avoided if guidance is taken from the initial state of the commencement of the business. Every venture may have unique requirements like location, customer convenience, logistical feasibility, and banking services.
We at Radiant Biz strive to understand these unique precepts and provide expert and reliable consultation to our clients with updated laws and governing regulations, awareness of their rights, and cost-effective business solutions tailor-made to their business needs and budget.
RadiantBiz has a variety of packages for clients who intend to stay in the area for a long time. Expats and foreigners can get long-term visas and have their visas renewed with the help of the firm.
Pre-investment business advising services on legal structuring, licencing, and regulatory problems are also available. This can involve assistance with obtaining professional, trade, or industrial licences, as well as other services.