In an uncertain economy when every penny counts, even the smallest increase in revenue or reduction in expenses can have an impact on company profitability.

The good news is a large-scale company overhaul isn’t necessary. That’s why we’ve put together some hidden gems that might improve the bottom line, especially for a new business in DUBAI.

💎 Choose an Arabic name for your company ✒️

In case you want a foreign name to be written in your license, an additional trade name fee will be included in the final payment voucher.

You can start reducing the business running cost initially in the first stage of license issuance by choosing an Arabic name and saving money every year.

💎 Choose a cost-effective reliable local sponsor/agent for your business 🤝

UAE Commercial Companies Law states that companies incorporated in Dubai require a local partner (sponsor/agent).

Choosing a reliable local sponsor/agent is usually a difficult task, especially when you’re new in UAE.

Bizzmosis can provide a cost-effective and reliable local/corporate sponsorship for your business which will save your business running costs.

💎 Reduce the licensing accommodation allowance fee from the payment voucher 🏠

As per UAE Law, any mainland company in Dubai should pay an accommodation allowance for each of its employees and partners.

If they are already residing in Dubai, you can save from AED 500 – 1,000/per employee or partner from the Payment voucher by submitting their residence EJARI/Title deed copy and DEWA bill copy in the DED Revenue Department.

💎 Hiring employees with their own visa/part-time 👩‍💻👨‍💻

MOHRE is allowing any establishment wishing to employ a male or female worker residing in the UAE under his/her relative’s residence, with the permit being valid for two years.
You can save up to 60% of visa costs this way.

Another way to reduce visa costs is by recruiting employees under a part-time work permit.

According to the UAE’s Labour Law, an employee can have a part-time job along with a full-time one – but subject to certain conditions.

The employee can work part-time after getting a work permit from the Ministry of Human Resources and Emiratisation (MOHRE).

Do you want to set up your own business in UAE?

Meeting some difficulties your way?

Are you searching for a local sponsor/agent for your business, but struggling to find it?

Contact us at:

☎️ +971 4 381 3934
 +971 52 979 8169
📧 hello@bizzmosis.com