Formation a company is a long process which has to be done carefully without any mistake and without concealing and kind of information from the authorities. Dubai south company formation involves different steps which you need to know about and you have to complete all the steps otherwise you will not get your license to start your company. Here are the steps for your information:
You first need to know about the free zones where you will get many facilities and fewer charges to pay. These zones are friendly with the businesses and mostly they will provide the facility to pay almost no taxes as compared to other zones where you have to pay different kinds of charges to run your business.
Then you need to know and decide about the activities which your business will perform, it will be a services business or the product manufacturing business and you need to decide that. Whatever you decide make sure that you have a relevant experience and knowledge about that activity otherwise your money will be lost.
After deciding the type of your company then you have to select a name and it should be relevant to the activity you are going to perform. If your name is completely different then buyer will not get the idea of what kind of business you are doing and it will loosen their interest in your product. With name you have to complete all the documents of your company and it includes the true copy attestation Dubai of all your documents. You need to provide only legal and original documents and never go for the wrong ways because once they are detected, your business will be ruined and you may get the punishment or fine.
With all the documents attestation you need to get the license for operating a company in Dubai and if you failed to get that then you will fail to start a company. Along with all the other things you have to open a new bank account for your business which should be able to handle all of your business transaction nationally and internationally and for that you have to first get the information from the bank. You can also start a business with another partner to divide the burden and amount to start a business but select trusted person.