Author: businesssetup2017

If you want to have 100 per cent ownership of your company, regardless of type of business, you need to opt for a license and location in one of the many free zones of UAE. They are designed to encourage foreign investment with easier start-up processes, labor and immigration procedures, 100 per cent ownership for all nationalities and other legal services. Each free zone has its own authority and its own rules, which are applicable to investors looking to set up firm in those zones. Advantages of free zone company formation Allows 100 per cent foreign national ownership of firm with no requirement of local sponsor or local service agent. Waiver of corporate taxes (time-bound and renewable for further periods). Meydan free zone offers Exemption from personal taxes as well as import and export taxes. 100 per cent repatriation of revenue and profits. Documentation is less and more suited to…

The United Arab Emirates – Dubai and other Emirates in UAE are of different interest for starting a branch company and branches of foreign companies. There are a number of ins and outs for it. Amongst these are: new chances for business, geographical advantages, favorable taxation, convenient and reliable tax system etc. Also, if you choose to make your business activity in the Emirates, opening of a branch company or branch of your existing company becomes completely unavoidable for working in Dubai, UAE. When you want to open a branch of a foreign company in Dubai or a representative office, a number of questions stand up. It is particularly related to the facts of the commercial law in UAE, specifying the opportunity of forming different types of firms in different Emirates often having separate statuses and options for allowable business activity. Today, there are a massive number of companies existing in…

Auditor license in Dubai, UAE has got plenty of chances to serve their clients. The need for an outside auditor for a business entity in Dubai is very essential, even though the annual audit is not compulsory in Dubai mainland. Many of the companies in Dubai are opting for an external Auditing license in Dubai in order to make sure that the books of accounts are properly maintained. In the case of free zones all the companies have to do annual audit by a certified auditor for renewing their trade license. Once an auditor is appointed for a company to review on regular basis, they verify the books of accounts of the company by visiting them on a regular basis and at the end of the year they prepare a detailed report to the management about the financial performance of the business. Job description for Auditors Ensure compliance with established…

Dubai is the one of most important and central hubs of international trade and finance in regards of importing and exporting of the cosmetic and personal care products. UAE government to create an up-to-date testing process, for Cosmetic product registration in Dubai. And they make the registration essential for any cosmetic product before lunching in Dubai market. The main straight forward purpose of cosmetics product registration is to ensure the consumer safety; this process authorizes the Consumer Products Safety Section to crinkle suitable information to calculate the protection of cosmetic products. In simple word we can say that it ensures that no product should contain any harmful substance. So for this purpose it is necessary to focus that no cosmetic product will be imported, exported, manufactured, advertised, sold or distributed in Dubai without the registration in agreement with Dubai Municipality regulation. The Dubai Gov’t regulates the production, sale and import…

Dubai is a place which is full of attractive sites, beautiful beaches, huge buildings, and the most gastronomical food. The Middle East is renowned for two things: that is oil and food. The new trend in the food industry in Dubai is the idea of food truck business. The whole idea of opening a food truck is taken from the West, and it has now reached the Middle East, with people tolerant and loving the whole picture of drinking from a street-side food truck. People in Dubai live a rich standard of living, eating in luxurious restaurants and hotels, but now that there’s been a insurgency in the streets of Dubai – a food mutiny – everyone’s willing to discover. The food truck license Dubai first started when the gov’t of Abu Dhabi started given license for food truck business. After making its mark in the US and European market….

Since the UAE’s first free zone opened its gates in the 1980s, it’s reasonable to say they have been a active success. Free zones are usually recognized as playing a giant part in both the change of the UAE’s economy and the country’s upswing to becoming one of the world’s important business hubs. The UAE’s free zones explanation for over one third of the nation’s non-oil trade and were respected at around USD 140bn in 2015 – according to Gulf News. And the top-secret of their achievement is, well, not very secret. It’s clear to see why businesspersons find them such an good-looking proposal – 0% corporate and personal tax, 100% repatriation of capital and profits, no currency restrictions, 100% company ownership, and 100% import and export tax exemption – to name just a few of the benefits. However, every free zone offer these benefits, it is not true to say…

Free Zones in Dubai are special economic zones offering tax free, 100% foreign ownership and free customs duty benefits to expat investors. This makes the free zones the most promising places in the Middle East for worldwide operations and fascinates many in Free zone company formation in Dubai. As a leading business consultancy, Business Link specializes in free zone company incorporation in Dubai & UAE free zones. Our free trade zone company formation service and business setup in UAE free zones includes A to Z processes done in professional way at minimal costs. The company formation in UAE free zone is not subject to commercial firms Law. Free Zones in Dubai and UAE are considered to be outside the rule of UAE, and are beneath the rules and regulations of concerned free zone. The companies under the Dubai Free Zone are responsible to maintain the rules and regulation of the Dubai Free…

It’s one among the most important selections you’ll ever make: fitting in a foreign country. There could be masses to celebrate within the UAE, a rustic that’s more and more hospitable overseas investment. However there are a number of pitfalls, too. Here’s a one zero one to gap a business within the Emirates – check that to not skim! First of all, congratulations: it takes plenty of ability, devotion and toil even to grasp you would like to open a business, not least during a foreign country. The UAE, too, could be a smart place to try to business: it’s a hub of the center east and also the primary regional stop for multinationals, tastemakers and conventions. It’s additionally a fast-moving country of virtually 10 million folks, with a various, social and young population. That’s to not say, however, that beginning a business within the Emirates is all progress. Per…

The UAE is world-renowned for many things: its immense oil riches, the bright lights and sky-high buildings of Dubai, 7-star hotels, buzzing business districts and vast deserts. However, one thing above all else draws envious glances from around the globe – its strategic location. Not only is the UAE perfectly placed to do business with both established and emerging markets in Europe, Asia, the Middle East and Africa, but with two-thirds of the world’s population within an eight-hour flight, it’s the ideal hub from which to trade with all corners of the globe. This position is only strengthened by comprehensive road, sea and air links: the UAE is home to some of the world’s busiest airports and seaports. Naturally, such infrastructure along with the UAE’s position at the crossroads of busy trade routes between Europe, China, the Indian subcontinent and the Middle East and North Africa (MENA) region makes it…

When you have decided to open a company in the UAE free trade zone; then the number of selections can be gloomy. As with all business requisites, it is very essential that your selection of business configuration is resolute by the precise necessities of the business. Given below are the types of business form are available in the UAE: Free Trade Zone Entities Offshore Companies Mainland Companies How to start a business in UAE Free Trade Zone? There are more than 45 free trade zones accessible within the UAE. Completely different Emirates are having different free zones. In Dubai itself, there are around 33 trade zones on the market. Among them, the foremost trade zones are Jebel Ali free zone (JAFZ), Dubai Airport free zones (DAFZ), DMCC, DCCA and lots of other free zones. Trade zones are created supported the activities. As an example, Dubai Media free zone, Sharjah Media…

Dubai Multi Commodities Centre (DMCC) could be a Government of city authority established in 2002. The DMCC’s aims square measure to develop and promote the flow of physical goods trade through the Emirate of city by harnessing an in depth trade zone called the Jumeirah Lakes Towers (JLT) country. This JLT country offers member firms business incentives like zero-percent company tax, an oversized alternative of business and workplace real-estate at intervals the Zone, and supporting commerce and supply infrastructure. Regarding Gold business in Dubai, DMCC developed and continues to push variety of initiatives to support the expansion of the city gold sector. These initiatives vary from supporting the event of the gold refinement sector through to supporting the expansion of gold commerce, and embody the city Gold & Commodities Exchange (DGCX), the city sensible Delivery commonplace for gold refinement, the institution of the DMCC precious metals vault, and therefore the…

Dubai may be an exciting town that has had a whole makeover within the last twenty years. It currently has a gorgeous balance of previous and new, with a Western business model. Dubai is thought for its ability to draw in foreign investors and remains a commerce center between the East and also the West. For these reasons and a lot of, Dubai is tempting to entrepreneurs. Here you’ll notice the fundamental steps to start a real estate company formation in Dubai. Establish the placement of your real estate company. There are bound area unites inside the country that are selected “free zones.” Lower rules in these areas tend to draw in businesses. as an example, whereas most business are needed to be 51 % owned by a United Arab Emirate (UAE) national, the possession may be 100% during a country. Different incentives include: no company taxation for fifty years,…

Incorporation of an organization in Dubai is feasible for a spread of objectives – for international business also as for business directly within the country. These are completely different tasks and business areas. One among the tasks, that an organization in Dubai matches alright – is to create a holding company in Dubai. Advantages of Dubai, UAE, for the incorporation of a company square measure obvious – absence of taxes on every kind of financial gain of the company. At constant time, that is incredibly vital, an organization might have the standing of a tax resident of the United Arab Emirates, to open a true workplace, rent staff, i.e., if necessary, run a true activity on plus management overseas, and stay within the standing of the corporate exempt from tax payments within the United Arab Emirates. During this case, such company will use variety of treaties for shunning of double…

The UAE economy is clearly divided between the onshore sector, dominated by native business interests, with restrictions on foreign possession, and therefore the offshore sector that consists of variety of Free zones. SME authority could be a skilled company based mostly in Dubai specializing in company incorporation services in each of those sectors. For over five years our skilled business advisors are providing a comprehensive vary of services to people and corporates round the world, adhering to the very best international quality standards and fully compliance with the prevailing rules and rules to include your business and obtain you discovered in port, UAE or GCC. The corporate features a name as a reliable and competent service supplier in Company Registration – skilled, industrial and Trade Business Incorporation – financial obligation Company Formation port, Joint Ventures, Branch Offices, Representative Offices, General Partnership Company, Partnership-en-commendams, Public material possession Company, non-public material possession…

Dubai has turn out to be one of the perfect places for to start an E commerce license in Dubai. One of the core phases of Dubai fame is because of its tax free policies. The UAE has attracted many financiers, entrepreneurs and existing factory owner from all over the globe as it is constantly developing. Corporations in Dubai also advantage hugely due to the quick development of the economy. Preferred structure for E commerce license in Dubai for a Foreign Investors In order to setup an E commerce license in Dubai for a foreign investor to perform business in the UAE. They must need to setup a proper legitimate presence in the country. And this is only possible when they apply for the E commerce trade license Dubai. There are so many structures for this type of a business; but the most common one is the LLC. Or in…

Dubai is one of the reckless growing states in the world; and the nice-looking low tax system of the emirate of Dubai marks it a perfect place to set up Professional license in Dubai. Professional License setup in Dubai is one of the outstanding services from our professional. The Professional License in Dubai can be setup with 100% expat owner ship in the Emirate of Dubai. However, a UAE national will be selected as a service agent but he has no direct participation in the business and is paid on an annual basis. The role of the Local Service Agent is to support in obtaining professional license, visa, labor card, etc. There is no minimum capital requirement for a professional company in Dubai. Professional company in Dubai The professional company is acceptable to be 100% held and run by a expat except in certain segments and activities whereby a UAE…

Public Joint Stock Company (PJSC) is defined as an organization whose capital is divided into negotiable shares of equal value and a partner therein shall be liable only to the extent of his share in the capital of the company, in accordance with the UAE Federal Commercial Companies Law (the ‘Law”). The Law requires a minimum share capital of AED 10,000,000 of which a minimum of twenty-five percent (25%) must be settled on subscription. In addition, fifty-one percent (51%) of shares of PJSC shall belong to a UAE national and a minimum of fifty-five percent (55%) of shares must be offered to the general public. Also, PJSC should have at least 10 setting up members, except in cases where the government entity is involved. Also, any company in which the State or Public Institutions hold any share should be formed as Public Joint Stock Company. The Board of Directors must…

Babysitting license in Dubai is one of the well-known as well as recognized real jobs in our current society. This is because everyone can learn to do it, especially now that there are custom-made exercises in order to become a licensed child-minder. Aside from that, it is also one way of saving more money since you can have it as your part time job. When relocating to Dubai one of the biggest things expats miss from back home is the support of their extended family. If you choose not to go down the road of engaging and funding a full-time maid who will help in the home, then there may be times when you require a babysitter or you need to go to any nursery. Expat Echo Dubai has put together a directory of companies in Dubai that offer babysitting services to help you in your search. If you really…

There is a remarkable request of setting up a business in Dubai; and all the inquiries are for different activities; that is from consulting to trading and from selling to manufacturing; and these new business setup in Dubai inquiries are for different verticals; like restaurant and cafeteria business setup; travel and tourism business; rent a car business; salon and nursery business setup food trading company etc. but before starting any new business you must need to know the advantages and the features. Investors from all over the world have set up many businesses in the recent past, and more and more are in the process of opening a new business in Dubai. Setting up of a corporate account has been the core reason behind this; because Dubai is a tax free jurisdiction which attracts more and more entrepreneurs. If you are looking to open a business in the same line,…

Starting a business in Dubai and operating a company in the Dubai Mainland area requires a local sponsor be must appointed. When overseas shareholder setups a company in Dubai, the UAE regulation states that a local UAE sponsor be appointed for descriptive contacts with the departments and the government for getting the various paperwork done. A local Emirati sponsor is an Emirati or a UAE national, who acts as your service agent for your company operating in the UAE and he usually acts as a non-active partner of your business. Being a compulsory requirement, it’s a physical, unavoidable task for expat businessman to find the correct Emirati sponsor in Dubai, for their business setup in Dubai, which must be appropriate for their line of business. Usually an Emirati service agent has no specific role or attention in the company but is appointed for the sole determination of linking with the…

There are many reasons to register business in Dubai. Now a day everyone is penetrating for a Business Setup in UAE. A few people want to Setup new professional company in Dubai Mainland or in Dubai Free Zone and on a similar way a large share of the global client are penetrating for new business setup in Dubai. And always searching for business setup consultants in Dubai; that is to setup a branch office or an agent office in UAE. Business Setup in UAE is a dream of each person round the world. Business setup in UAE is extremely tough work, as the growing economy of Dubai is attractive for competing in the locality which is creating issue for new businesses to take control. So business setup in UAE needs a genuine regulation to enter in another market. Location of Dubai is a key to its success. It is 1…

Dubai has multiplied the reputation of a primary trading hub in UAE, because location of Dubai in the world is one of the important aspects of the charm of the Dubai. It offers to Global businessmen the most liberal operating conditions, tax exemptions, asset protection, complete privacy, and limited liability, in an offshore company formation in Dubai. The tax haven also offers wonderful promise to overseas businesses, as it has: Outstanding development route through which imports have doubled since 1990 and matchless strategies of liberalization. Wealthy marketplace located in one of the world’s ironic states that is spread and offers wide opportunities to traders and finance. No trade barriers, quotas, exchange controls (open market). High availability through air or water (around 90 airlines and 170 shipping lines) Company Formation in Dubai might be a respectable idea if you have a finished plan and market analysis. You can do Dubai company…

Dubai Multi Commodities Centre free zone shorty known as DMCC free zone is the fast emergent and a large free trade zone in the UAE; with over 12,000 plus listed companies. It was first started in the beginning of 2002 by the gov’t of Dubai in order to form a commercial focal point for commodity related trades. Due to the popularity of DMCC Free Zone has been named “International Free Zone of the Year 2015” by The Financial Times FDI Magazine. The DMCC free trade zone is exponentially developing as every twelve months 2100 plus companies are setup to conduct business under free zone liberal professional rules and enjoy advantages of 100% foreign ownership and tax free atmosphere in the best business state in the region. Due to its close nearness to most important business centers permits businesses to accomplish supreme as businesses have access to more shipping which permits…

PRO services in Dubai require professional capability who can effectively manage the full cycle of techniques and procedures. Business setup in Dubai has a number of predefined processes and phases. A skillful person is required to guide you through these several steps and helps you finish all the hard paper work effectively. Our business setup consultant in Dubai can assists you through all the business formation phases with our wide array of PRO services in Dubai and Document clearing services. As our work carefully hangs on interacting with the Dubai government and administrators of several governments agencies, we are known far and wide as providers of the most-efficient PRO Services in Dubai. Ultimately, you benefit from our PRO services in Dubai in terms of time spent as part of queues in government offices as well as money. Shams Consultant is a registered service provider for the General Trading License in…

Sharjah is one of the most blooming countries in the Middle East. It is completely fantastic to see the amount of achievement that Sharjah has reached and Sharjah Media City free zone is one of these great accomplishments that Sharjah has revealed. SHAMS free zone has taken the charge to give a chance to financiers who demands to start a business with 100% proprietorship. It focuses on providing special services for the people who want to register their name in the media business. The purpose is to start an initiative that can support all those who are stressed with their business. It aims to offer endless chances for people with boundless talent and inspiration. Features of setting up a Company in Shams free zone Sharjah Affordable formation Fee It gives you the chance to form your company in a price which starts from AED 11500. The determination of charge this…