Why does an Organization Need a Consultancy Service?
There are many business firms which are working to accomplish all their goals and they do time and again with the help of expert advices of the experienced people within the organization. But even if the business officials know what to do and how to handle the various business circumstances, many times some situations arrive in a broader economic environment where there are chances that many unforeseen circumstances may occur which the company may not be able to cope with. This is where the role of a good consultancy service provider begins.
Types of Business Consultants You Need to Know About
When you start with a business idea, the first thing you need is capital. However, people with sufficient capital also mess up their business in many cases because they don’t know how to use it properly. Starting a business is no small feat and keeping it afloat is an even bigger challenge.
But people accomplish it and they do so with the help of their good advisors and of course, business consultants. The need to hire a business consultant varies depending on the stage of your business. There are business formation consultants who will tell you which direction to go in when you are just establishing the company.
How to Set up a Company in Dubai Free Trade Zone?
Experts of several renowned business consultancy firms who helping investors to set up businesses in Dubai, mention that entrepreneurs prefer setting up their offshore companies in the free trade zones in Dubai. The primary reason behind this is that companies located within free trade zones offers the benefit of 100% ownership to foreign investors, unlike a Limited Liability Company (LLC).
In LLC formation, the major shareholder should be a UAE national with 51% of shares. Company owners looking to expand their business and having a global presence choose Dubai because this city is conducive to the growth and development of business.