Business Setup Consulting

HOME -

Services

Our Approach

No two businesses are alike, and that’s why our approach to business setup is anything but one-size-fits-all. We begin by understanding your specific needs, goals, and challenges. Whether you’re a startup or an established company looking to expand into the Middle East, we provide customized solutions that address your unique requirements.

From choosing the right legal structure to navigating complex regulatory frameworks, we ensure your business is set up for long-term success.

Comprehensive Services

From Legal Compliance to Cultural Alignment

Setting up a business in the Middle East requires more than just paperwork it demands a deep understanding of the local culture and business environment. Our comprehensive Business Setup Consulting services include:

Regulatory Compliance

Ensuring your business meets all local legal and regulatory requirements.

Company Registration

Assisting with the documentation and processes required for official registration.

Market Entry Strategy

Developing a strategic plan to successfully launch your business in the Middle Eastern market.

Cultural Alignment

Guiding you through the cultural nuances to build strong relationships and a respected presence.

Request a free consultation

Other Core Services

Localization requirements & Banking facilities

Localization has become a critical factor for securing business opportunities and accessing government incentives across the GCC. Countries like the UAE, Saudi Arabia, Oman, Kuwait, and Qatar have introduced initiatives such as In-Country Value (ICV) in the UAE, IKTVA in Saudi Arabia, Omanization in Oman, and Qatarization in Qatar. These programs are designed to promote local employment, investment, and supplier development, rewarding companies that align with these objectives. ThriveWize is uniquely positioned to help your business maximize the benefits of these localization initiatives. We provide strategic consultancy to ensure your operations meet the required local presence standards, enhancing your eligibility for government contracts and incentives. A clear distinction is now made to prioritize local sourcing, making it mandatory for most projects. With our insights and experience, we support balancing localization, meeting necessary requirements, and maintaining competitive business offerings for long-term success.

Additionally, we offer comprehensive support in securing banking facilities through our extensive network and selection of suitable banking partners, saving time and ensuring smooth business operations in the region. Our expertise in navigating complex financial regulations ensures you have the resources necessary to thrive in the Middle Eastern market.

"We turn the complexities of business setup into a clear path to success, ensuring you’re not just entering a market, but positioning yourself to thrive in it."

Sayeed Junied

Founder of ThriveWize

How We Work

The Business Setup Process

6 Essential Steps to Set Up a Business in the Middle East

Starting a new business in the Middle East presents a distinct blend of opportunities and challenges. To achieve a successful and seamless setup, a methodical approach is crucial. These six steps are crafted to deliver optimal results efficiently, ensuring you establish a prosperous and thriving business in the region.

Market Research and Feasibility Study

Conducting comprehensive market research is crucial to understanding the local business environment, demand for your products or services, and competitive landscape. A detailed feasibility study will help assess the viability of your business idea, identify potential challenges, and gauge the market potential. This step ensures you make informed decisions and tailor your strategy to align with market need

Choosing the Right Business Structure

Selecting the appropriate business structure is vital for operational efficiency and legal compliance. Options in the Middle East include Sole Proprietorships, Limited Liability Companies (LLCs), and Joint Ventures. Each structure has different implications for ownership, liability, and taxation. Understanding the nuances of each option helps in choosing the best fit for your business goals and regulatory requirements.

Registering Your Business

Business registration involves obtaining the necessary licenses and permits from local authorities. This process typically includes registering your business name, securing a trade license, and obtaining approvals from relevant government bodies. Proper registration ensures your business is legally recognized and compliant with local regulations.

Securing a Physical Presence

Establishing a physical presence, whether through an office, warehouse, or retail space, is essential for operations. The location should align with your business needs and target market. In some jurisdictions, securing a local office space is also a requirement for business registration. Choosing the right location enhances your accessibility to clients and suppliers.

Navigating Legal & Regulatory Requirements

Compliance with local laws and regulations is critical to operating smoothly. This includes understanding and adhering to labor laws, environmental regulations, and tax obligations. Engaging with legal experts or consultants who specialize in the Middle Eastern market helps ensure you meet all legal requirements and avoid potential pitfalls

Building a Local Network

Developing relationships with local partners, suppliers, and industry professionals is key to business success in the Middle East. Networking can provide valuable insights, facilitate smoother operations, and open doors to new opportunities. Participating in local trade shows, industry events, and joining business associations helps establish a strong presence and build trust within the community

Are you looking for free consultation

Take the first step towards success with our complimentary consultation. Whether you’re exploring business setup or seeking strategic advice, our experts are ready to guide you. Get in touch and let us help you unlock new opportunities.

INFO