Dubai is one of the fastest growing economies in the world and this is the reason why it is a lucrative spot for investors and entrepreneurs. For setting up the business in Dubai, experts suggest that it is best to seek the services of business setup consultants. However, there are many wrong notions surrounding business setup consultants in Dubai that persist among the group of investors and small entrepreneurs. So, here are 5 myths that are associated with business setup services.
1. “Such services are suitable for big companies”
One of the biggest misconception surrounding Dubai business setup consultants is that small scale entrepreneur believes that these services are appropriate for bigger firms. They believe that these services are needed to handle a company with complex processes and those with a massive organizational structure. But in fact, business setup services are needed to ease company incorporation because one might not be aware of the rules and regulations that govern the processes involved.
2. “ Consultancy services provide you limited guidance”
Consultancy services provide you guidance throughout the incorporation procedure. They start from building a proper plan for your start-up and instruct you to furnish all the required documents, which are essential for the registration of your business.
They then make sure that the documents reach the right department and are forwarded after successful scrutiny. One of the biggest advantages of seeking the services of business setup consultants in Dubai is that one need not run from one ministry to another to get all the permissions in place.
3. “ Consulting is same as outsourcing”
Consulting is not the same as outsourcing. While outsourcing refers to hiring another organization on a contract to complete a process for your organization, consulting refers to the advisory services, which one might need to conduct on a task or process. Therefore, one can say that a management firm renders both outsourcing and consultation services, but both the services are very different from each other.
4. “ Your data can be easily misplaced as they handle several clients”
Even though the consultants handle a huge number of clients, they have defined teams that handle one client at a time. Moreover, these services are meant to speed up the company formation process, so the goal of these services is to deliver you the result at the earliest. Therefore, a mistake from their end may happen once in a blue moon.
Additionally, if you hire the same firm for outsourcing any service, even then they make sure that a high level of confidentiality and accuracy is maintained in rendering you the services. So, your data is safe with these firms in every manner.
5. “The services of a business setup consultant is overpriced”
Business setup consultants in Dubai help you in getting a business license, incorporating your company and opening a bank account. All these processes can be smoothly done only if all the requirements are fulfilled, so the consultants ease this task. Therefore, the charges are set in accordance with the effort, expertise and time required to accomplish these tasks.
1. “Such services are suitable for big companies”
One of the biggest misconception surrounding Dubai business setup consultants is that small scale entrepreneur believes that these services are appropriate for bigger firms. They believe that these services are needed to handle a company with complex processes and those with a massive organizational structure. But in fact, business setup services are needed to ease company incorporation because one might not be aware of the rules and regulations that govern the processes involved.
2. “ Consultancy services provide you limited guidance”
Consultancy services provide you guidance throughout the incorporation procedure. They start from building a proper plan for your start-up and instruct you to furnish all the required documents, which are essential for the registration of your business.
They then make sure that the documents reach the right department and are forwarded after successful scrutiny. One of the biggest advantages of seeking the services of business setup consultants in Dubai is that one need not run from one ministry to another to get all the permissions in place.
3. “ Consulting is same as outsourcing”
Consulting is not the same as outsourcing. While outsourcing refers to hiring another organization on a contract to complete a process for your organization, consulting refers to the advisory services, which one might need to conduct on a task or process. Therefore, one can say that a management firm renders both outsourcing and consultation services, but both the services are very different from each other.
4. “ Your data can be easily misplaced as they handle several clients”
Even though the consultants handle a huge number of clients, they have defined teams that handle one client at a time. Moreover, these services are meant to speed up the company formation process, so the goal of these services is to deliver you the result at the earliest. Therefore, a mistake from their end may happen once in a blue moon.
Additionally, if you hire the same firm for outsourcing any service, even then they make sure that a high level of confidentiality and accuracy is maintained in rendering you the services. So, your data is safe with these firms in every manner.
5. “The services of a business setup consultant is overpriced”
Business setup consultants in Dubai help you in getting a business license, incorporating your company and opening a bank account. All these processes can be smoothly done only if all the requirements are fulfilled, so the consultants ease this task. Therefore, the charges are set in accordance with the effort, expertise and time required to accomplish these tasks.
Good post having good information.
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