Ozgur’s Smart Business Expansion in Dubai

Ozgur’s Smart Business Expansion in Dubai

Problem Askin Ozgur Fidanoglu, a Turkish entrepreneur, faced the challenge of entering the Dubai market. It is a complex environment with intricate laws, regulations, and banking compliance requirements. He sought an efficient pathway to obtain a business license and ensure ongoing financial management, rather than opting for a one-time solution.
Discovery During our consultation, we discovered that Ozgur was looking for a comprehensive understanding of UAE operations. He wanted to know how to initiate a business license and master the local legal and regulatory landscape. Additionally, he needed robust banking compliance support and a sustainable approach to accounting, to ensure all aspects of his business were under control. This need for continuous oversight led us to explore a shift from one-off services to a model based on monthly accounting support.
Solution Our team provided a full-spectrum service that included:
1. Business License Initiation: Guiding Ozgur through the streamlined process of obtaining a trade license in Dubai.
2. Regulatory and Compliance Guidance: Educate him on UAE laws, regulations, and banking requirements to ensure smooth operations.
3. Banking & Financial Setup: Assisting with setting up banking arrangements and compliance mechanisms.
4. Ongoing Accounting Services: Instead of a single engagement, we implemented a monthly accounting solution that offered continuous oversight and control over his financial operations.
Impact Ozgur gained an understanding of the UAE business landscape and achieved operational efficiency through continuous support by adopting our integrated service model. His enhanced financial management and compliance resulted in a successful business setup, that led to greater satisfaction. Ozgur extended his engagement with us, bringing in three additional businesses impressed with the comprehensive approach. This case highlights how an innovative, ongoing service model can drive long-term growth and unlock new opportunities in a challenging market.