September 7, 2020

Why do I need a consultant for company setup if I can do it on my own?

🕐3 minutes to read this article

QUESTION: In this ocean of information all over the place, ads popping up in your Instagram and Facebook from freezones directly it looks very accessable to setup your company on your own without any intermediary party. However, the market is also full of business advisors that offer their services of company setup. Why is that? Why you cannot setup your company on your own? And why some people still go to advisors, pay their fees and setup the companies through them?

ANSWER: When you deal with freezone authority directly, they will not reveal hidden costs, pros and cons comparing to other jurisdictions in other emirates. Example: did you know that 85% of business activities of freezones in Northern Emirates match Dubai freezones? Which means, for your specific business activity you can save quite good bunch of bucks if you know cheap alternative option, which you won't hear any from the advisor in the authority.

WHY LAWYER WILL NOT HELP? Lawyers in the UAE are dealing with legal cases, Courts, disputes, and some of them with company setup as well. However, they are not specialized in company setup only. Which means, if to segment out their practice and experience ONLY in company setup, it is way less than a specialized firm which deals with company formation on a daily basis and knows the most updated regulations from the authorities. You will not go for emergency help to a dentist when you have a stomach ache...


What will you get after consultation?

Clear understanding of the right jurisdiction FOR YOUR BUSINESS

We will guide you through the best options on the market - what would be the most cost effective option for your business needs, covering your business model 100% in a legal way.

Unbiased comparison of PROs and CONs of potential options

You will learn the hidden costs you might face next year during renewal, possible issues while organizing residency visas, dealing with customs authorities while importing the goods, and other useful information which might twist your decision 360 degrees towards absolutely different but right option for you.

Action plan and right time frames of your company setup

Step by step we will instruct you which documents are required to provide, what would be the time frames for your company setup, how much time will take to organize your residency visas, so you can plan accordingly.

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