Do You Need Consultants to Set up a Company in the Free Zone?

Many entrepreneurs want to start Freezone company formation because of friendly regulations and requirements. Also, it offers a lot of incentives and benefits for the business to run. However, some entrepreneurs still do not have an idea about the conditions, regulations, rules, and other procedures of setting up a business in a free zone. Sometimes, they get confused and waste their valuable resources and time to get the information. Hence, one needs a consultant to have a business in a free zone.

Having a business in a free zone is not as easy as getting a freelancer license in Abu Dhabi. Hence, one needs consultants to reduce the hassle of the process to form a company in the free zone. They smooth the procedure of the business

Access to a Variety of Potential Free Zones

One of the most important advantages of using consultants, rather than going directly to the free zones, is that the consultants have an in-depth knowledge of the free zones in the UAE. With such knowledge of the different free zones and the types of business licenses they offer, the consultants can recommend the right free zone for the startup.

The consultants can introduce you to a wider variety of locations that might not be known to you. If you go directly to one of the free zones, then you might miss the opportunities.

End-to-End Support

Consultants for business setup in the UAE offer comprehensive support that helps you to know all the aspects of starting your business. It can range from filling out the application forms, choosing the right type of business, submitting government registrations, applying for licenses, complying with regulations, etc. Essentially, you get more comprehensive service from the consultants than any individual free zone can offer.

Usually, free zones offer a little more help with the process of registration of business startup applications, the rest you have to do yourself. If you go directly to the free zone, then you have to go through all compliance and legal activities to register a business in the free zone. Consultants, on the other hand, take care of all the processes of business formation in a free zone.

Connections and Relationships

Running a successful business is all about connecting and developing relationships with other businesses and partners. A consultant can help you to connect easily rather than applying directly to an individual-free zone. By nature, consultants have countless acquaintances and contacts with other companies working in the same free zone. They can introduce you to settled businesses that will help you grow your business regarding networks, lawyers, banks, investors, etc.

If you have worked exclusively with a single free zone, you would encounter other companies in the same zone. It means you might be missing out on opportunities to grow the business.

Consultants Save Time

After an initial consultation, the investor can trust them to take responsibility for setting up a business in a free zone. The consultant is there to fill out the application forms and take care of various compliance and governance tasks, opening a company’s bank account, etc.

If you hire a consultant, you can save valuable hours while launching the business in the UAE.

Assistance in Best Options

As expected, it is in a free zone’s interest to entice you to locate the business in its space. Quite often, it seems fine but not for the long term. It is because it might not be the best option for the investor. Hence, if you hire a consultant, then it is their job to know the terms of operations your business will be running and find the best location for it.

The consultants give the best advice on the best options whether it is on the mainland or in a free zone.

In Conclusion

Working with a consultant firm cannot end up regretting the choice. It is because a foreign investor or local investor sometimes doesn’t know the best options for their business startup. The consultants are there to help the investors find the best locations and take care of the company formation regulations and compliance. The Business setup service provided by the consultants is far better than approaching individual free zones.

Source: sorp.ae