Key Takeaways:
- Due diligence is a crucial investigative process undertaken before any significant business transaction, including starting a new Business setup in Dubai.
- It helps identify potential risks, liabilities, and opportunities that might not be immediately apparent.
- Key areas of due diligence include financial, legal, operational, and commercial aspects.
- The specific requirements and focus of due diligence can vary depending on whether the Business setup in Dubai is mainland or in a free zone.
- Engaging local experts for due diligence services is highly recommended to navigate the specific regulatory landscape of Dubai and the UAE.
Embarking on a Business setup in Dubai is an attractive proposition for many entrepreneurs and investors, thanks to its strategic location, favorable tax policies, and dynamic economy. However, beneath the gleaming facade of opportunity lies a complex regulatory and commercial environment that demands careful consideration. This is where due diligence becomes not just a … Read the rest >>>>