"GenZone Knows Their Craft!" Nuno Client Review/Testimonial - GenZone Reviews
Table of Contents
Introduction
In the ever-evolving world of e-commerce and dropshipping, finding the right location to establish a business can be the key to success. Nuno, a Portuguese entrepreneur with a keen interest in these fields, understood this well. His journey took an exciting turn when he decided to set up his business in Dubai.
However, navigating the complexities of establishing a business in a foreign country can be daunting. This is where GenZone stepped in, providing Nuno with the support and expertise he needed to turn his vision into reality. Our Experts at GenZone took the time to understand Nuno’s business model, goals, and specific needs. This personalized approach ensured that the solutions they offered were tailored to his unique situation.
Location is crucial for any business, and Dubai offers a variety of options, from free zones to mainland setups. GenZone helped Nuno assess the pros and cons of different locations based on his business model and objectives. They guided him in choosing a free zone that offered benefits such as tax exemptions, full ownership, and simplified customs procedures, which were particularly advantageous for his dropshipping operations.
Reasons To Start A Business In Dubai
Tax Benefits: No personal income tax, capital gains tax, or wealth tax. This allows businesses to retain more profits.
Strategic Location: Dubai’s location serves as a gateway between the East and West, providing access to markets in Europe, Asia, and Africa.
World-Class Infrastructure: Advanced infrastructure including state-of-the-art transportation, telecommunication, and utilities.
Ease of Doing Business: Simple and efficient procedures for business setup, including streamlined processes in free zones.
Economic Stability: A diversified economy with strong sectors such as tourism, real estate, and financial services, ensuring economic resilience.
Supportive Government Policies: Pro-business regulations, incentives, and initiatives aimed at fostering entrepreneurship and business growth.
Skilled Workforce: Access to a diverse and highly skilled talent pool from around the world, attracted by Dubai’s lifestyle and opportunities.
High Quality of Life: Modern lifestyle with excellent healthcare, education, entertainment, and recreational facilities, attracting expatriates and skilled professionals.
Innovation Hub: Strong focus on innovation and technology with initiatives supporting startups, incubators, and accelerators.
Free Zones: Over 40 free zones offering benefits like 100% foreign ownership, duty-free imports, and simplified business regulations.
Our VIP Business Setup Process
The VIP process is designed to streamline the entire residency visa journey, from registering your company to obtaining your Emirates ID and setting up personal and business bank accounts.
Here’s a breakdown of the VIP process timeline:
1. Company Registration (3-5 Business Days)
The initial step involves registering your company in Dubai, a process that typically takes 3 to 5 business days. Remarkably, this part of the process can be completed without your physical presence in the country.
2. E-Visa Application (3-5 Business Days)
Once your company registration is underway, the next phase is initiating your visa application to obtain the pre-authorization employment visa (e-visa). This process can commence at least 2 weeks before your planned arrival in Dubai and is usually completed within 3 to 5 business days. For VIP clients, there’s an option for a 24-hour e-visa issuance.
3. Arrival in Dubai (Saturday or Sunday)
Upon arriving in Dubai, we recommend doing so on a Saturday or Sunday. This allows for seamless processing within the immigration system, demonstrating your presence in the country. Our team will then schedule medical and biometrics appointments for you.
4. VIP Medical and Biometrics (Monday)
For VIP clients, the medical and biometrics appointments are consolidated into a single day – Monday. With our assistance, you’ll undergo both tests efficiently, and results will be received the same day.
5. Residency Visa Application (Monday to Wednesday)
Following the successful completion of medical and biometrics tests, we submit the results to apply for your official 2-year residency visa. Typically, this stage takes 3 to 5 days, but with VIP processing, you can expect your residency visa to be issued within 24 hours.
6. Emirates ID Delivery (Thursday or Friday)
Simultaneously with the residency visa issuance, your Emirates ID will be delivered within 2 to 3 business days after completing the medical and biometrics tests. This typically occurs on Thursday or Friday of the same week.
7. Personal and Business Bank Account Opening
With your residency visa and Emirates ID in hand, the final step involves opening your personal and business bank accounts. Your personal bank account can be opened in one visit, including checking and savings accounts, credit cards, and a multi-currency account. For the corporate business account, we can complete the process virtually within 3 to 7 working days, allowing you to manage it from anywhere in the world.
Book a Free Consultation Call with our Experts to learn more!
