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Gulf Marathi Business Forum
Event -1 Meeting with Confederation of Indian Industry (CII) - 10th June, 2004, Dubai. Read More
Event-2 Meeting with delegation from Maharashtra Chamber of Commerce and Industry (MCCI) on 10th Feb, 2005
Event-3
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Business and Profession
Contact
Details of Forum Members
Its an age old belief that Entrepreneurship is a rare quality of Marathi person. This region has many exceptions and can provide you enough support to start your business, if you are an entrepreneur at heart. There are two ways in which you can set up business here.
Local Sponsor: For every business, you need a local sponsor, legally holding 51% holding in the company. However, you can still own the business completely with a side agreement and pay a fixed sponsorship amount to the local sponsor. That's the way business is done here. You need to have a business plan, obtain license from the local government by submitting this plan for doing business. All the income is tax free.
Free Zone Company: One can set up a Free Zone Company is one of the several free zones which have come up in the UAE and other parts of gulf. You can own your company 100% in such a case. The Free Zone becomes your sponsor.
GulfMarathi.Com would like to support Entrepreneurship and would like to set up a panel of advisors for assisting capable entrepreneurs. If you wish to avail the benefit of this, please get in touch with us. We will also publish information on existing successful Marathi Businessmen/ Businesswomen and Professionals in the gulf region.
Business in the United Arab Emirates:
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