When you think about starting a business, one of the major and important decisions to make is the kind of services your business will provide. You can choose from many options including consulting services or information technology-related setup. If you want detailed information on the difference between business setup and consulting services, read further:
Business Setup:
As an individual, you can opt to go in for business setup in UAE. Be it a small scale or medium-sized company, the goal of this service is to provide you with all that is required to launch your business along with the relevant documentation. This may include incorporating the business, obtaining licenses and permits as well as registering property, etc.
With these types of services, you will be able to meet the legal and regulatory requirements and also obtain a license or permit that is required to operate your business. You will also receive help with preparing the documentation needed for the service tax registration number (STN).
A company can provide these services through its respective divisions. For example, in the case of HLL Lifecare Limited (HLL), the network division provides service tax registration services to new as well as existing companies. They also provide assistance with obtaining licenses and permits, registering your company with the Registrar of Companies, etc., as required by law.
Consulting Services:
These types of services provide assistance on issues related to business setup like market research, business planning, financial management, and taxation. The services are available to individuals as well as companies. For example, the banking division of HLL Lifecare Limited provides consulting services related to all aspects of business setup like feasibility studies, loan financing, etc., for new businesses.
Information Technology-related Services:
If you are looking for information technology-related setup services, the first thing you need to know is that this includes setting up hardware like computers and peripherals, software like operating systems and applications, networks including local area networks (LAN), and wide-area networks (WAN), etc.
This also covers providing training on industry-specific software packages as well as application packages. HLL Lifecare Limited is one such company that provides information technology-related setup services to companies and individuals.
Hence, depending on the nature of your business, you need to understand what kind of assistance you are looking for. For further information on this topic, consult a professional who can guide you through the process of choosing business setup services.
