How Business Setup Consultant can Help you for Business Setup in Dubai?

Dubai has earned the reputation of being a leading commercial center in the UAE, due to the main commercial establishments and an environment that is not excessively restrictive. It provides global entrepreneurs the most liberal operating conditions, tax exemptions, asset protection, complete privacy and limited liability, to establish a business in Dubai.

Benefits of Establishing a Business in Dubai

• Excellent growth trajectory (imports have doubled since 1990) and unique liberalization policies
• Prosperous market located in one of the richest regions in the world that is diversified and offers ample opportunities to traders
• No trade barriers, fees, exchange controls (open market)
• High accessibility by air or water (around 90 airlines and 170 shipping lines)
• Presence of more than 30 free zones, which offer 100% foreign ownership, exemption from corporate and personal income tax, and total repatriation of capital and profits

Process of incorporating a Company in Dubai

• A local sponsor is needed. A local sponsor refers to a UAE citizen (or a company exclusively owned by UAE citizens) that acts as a service agent for your business in the UAE, in general, it also acts as a sleeping partner for your company. A detailed agreement must be prepared that establishes the responsibilities of said sponsor towards the business, as well as its annual rate. A certificate of no objection from the local sponsor is required to execute your business activities.
• Make a Memorandum of Association (MOA) for your firm. It is a document that lists the fundamental conditions on which a company must operate.
• Obtain preliminary approval for the company by notarizing the MOA at the Department of Economic Development (DED), Dubai. It is better to do this through a lawyer or business configuration consultant.
• Finalize a business name for the company and register it in the DED. The name must be unique and relevant. The DED has the authority to reject or change the name if there is already a company with a similar name.
• Organize an office space for the company; this is a prerequisite for obtaining a business license. The lease or office property contract serves as proof of the address of a registered office. In the case of an offshore company, the address of the registered agent (designated by the company from the approved list of agents registered in the UAE) can be provided as the official address of the company.

Request a commercial license, which is again issued by the DED. A commercial license can be one of the following types, depending on the type of commercial activity your company performs:

• Industrial license, for manufacturing activities.
• Professional license, for service companies such as law firms, educational institutes or artisans.
• Commercial license in Dubai, for any type of commercial activity.
• Depending on the type and location of your company, send the required documents to the DED and the Commercial Registry Department, and pay the license fee.

Experts of Business Link UAE have deep knowledge about the tedious process and the documentation required to complete the business configuration not only successfully, but also at the same time. Our affiliation with regulatory bodies provides companies with a competitive advantage to operate and prosper in the UAE.

All You Need to Know About Company Formation in Dubai and UAE: 2019

Starting a business in Dubai implies understanding the difference between the formation of free zone and offshore companies. Next, you must choose a license based on the activities and services you want to provide. Finally, you must prepare all legal documents, open a corporate bank account and start the visa process.

The above tasks may seem like a lot of work, and in fact they can be. That's why the business setup consultants of the Business Link UAE will manage all the heavy work, which means you don't need to visit countless government authorities to do the job. And it all starts with a free and no obligation consultation where we will guide you through all the latest information on how to start a business in Dubai. Business setup in Dubai is made easy with UAE consultancy. Contact us today to start your business dream.

Opening a company in the UAE is prestigious! Today, the United Arab Emirates is a global economic center that has rapid development, a stable economy, favorable tax preferences and unsophisticated legislation, which attracts investors and entrepreneurs from around the world. The consulting company Business Link UAE offers a full range of UAE business registration services. Our team of lawyers and professional economists with extensive experience will help you open a company in Dubai and other emirates.

The UAE business registry is a demanding procedure complex. The qualified Business Adviser professionals are ready to help you. By trusting us, you will save your valuable time and money, since our company is located in the United Arab Emirates and provides services directly without any intermediary. That is why we have reasonable prices.

Once you have decided to open a company in the United Arab Emirates, you must first choose a location. It is noteworthy that each of the seven emirates has its own regulations and terms for records. In addition, there are free zones that have their own rules.

A local company is registered in the emirates territory of the country to operate within the emirates. According to national legislation, said company can only register if one of the partners is a citizen of the UAE and owns 51% of the shares.

If you want to open a company in Dubai with a 100% foreign participation, we recommend that you choose one of the free economic zones. And still, if you want to open a local company in the UAE, you must know its characteristics:

• A foreign citizen may own only 49% of the company's shares, while 51% will be owned by a local sponsor;
• The sponsor will receive an annual reward and will not participate in the company's operations.
• A company can participate in any type of activities within the UAE and abroad;
• A company provides a residence visa and a tax certificate;
• The location of the main office depends on the registry emirate;
• No audit requirements;
• No restrictions on the minimum authorized capital (1 AED is sufficient)
• Possibility of opening an account in any bank of the UAE.

Experience has shown that the registration of a local company in the UAE is only required in exceptional cases. Most of the activities can be carried out through a company registered in a free zone.

DUBAI COMPANY TRAINING OF A RESIDENT COMPANY (LLC)

• Opening a company in the UAE with a relevant local sponsor in the following cases:
• Cooperation with government organizations;
• Participate in public tenders
• UAE pit trade;
• Carrying out activities and providing services with the need for assistance and presence in assets in the other emirates;

When the activity of a company requires a large space and more visas, since the costs of office in the local land are lower than those of the free zones.

Generally, a local sponsor is required to open a restaurant, school, kindergarten, construction, travel or insurance company.

But there are exceptions. Companies targeting professional activities, such as legal, auditing and consulting, do not require a local sponsor. In such cases, a foreign entrepreneur who works in the emirates and outside a free zone has a 100% interest. Official support from a sponsor is required only during visa processing for employees and dealing with local authorities.

What & How-to Setup Business in Dubai Mainland?

Setting up a Business in Dubai Mainland

Many investors investigate Dubai mainland destination to start-up a new company. This location has attained such popularity among investors due to the business freedoms present in Dubai, UAE. Dubai is a city which is reaching huge growth due to the wide presence of start-up companies. Being a golden city for business investors, it has created ample opportunities for businesses. All over around the world, the city offers a great platform to formulate a business enterprise.

The business innovators are highly motivated with a wide list of factors present in the regions of the UAE. It includes operating exposure across the boundaries of the nation, genial government for investors, and so on. In addition, the company formation attracts hefty overseas funding and several advantages received from perks in Dubai Mainland. 

The Benefits of Setting Business in Dubai Mainland

The main benefit derived from starting a business in Dubai Mainland is the corporate tax indemnity. Apart from them, ample of advantages fall for the businessmen in Dubai. Other benefits of mainland company setup are mentioned below:

• Freedom of currency.
• Uncomplicated and quick employment visas processing.
• Freedom of choosing any location.
• Liberty to run the enterprise from anywhere in the UAE.
• Not essential to maintain a proper capital amount for getting a Dubai Mainland business license.
• Easy processing of legal documents without any constraints.
• Dubai Mainland company setup invites 100% profits repatriation.
• Easy to get registration and license.
• Presence of an uncomplicated process for incorporating any company.
• Liberty from any kind of yearly audits

How to Set up Business in Dubai Mainland?

In the UAE, any marked legislation rules are not applied for starting any company. The registration and license procedure follow an easy path. Though, it is necessary to keep in mind certain points essential before setting up a company in Dubai Mainland. Procedures for Dubai mainland business startup includes the following points:

1. Getting a license:

The business license in Dubai Mainland includes three types of licenses. It includes the industrial, commercial, or professional license. The industrial license is permitted to the industrial-based companies. The commercial license belongs to the trading companies. The professional license permits to the professional service providing enterprises.

2. Other miscellaneous considerations:

In addition to the license, it is necessary to consider certain other things also which includes the following:

• Government laws.
• Proper bank accounts.
• UAE bases legal conducts.
• Taxation policies.
• Eligibility criteria for getting the Visa.
• Shareholder’s meeting.
• Board meeting.
• Various chambers.

What does it take to Set up a Business in Dubai Mainland?

In this section, several points are necessary to consider which are mentioned in the following points:

• Meet a local sponsor.
• Get registered with the Department of Economic Development.
• Hire Company formation consultant in Dubai.
• Conduct the verification of your business location or address.

Business setup in Dubai is a lot easier when you have the right company formation consultant like Business Link UAE, to guide you. Our Professionals assist all entrepreneurs with business formation procedure, registration and more. Serving in UAE from past so many years, makes Business Link UAE a preferred choice for investors. Whether you require visas for your business partner, employees, your family or you need an office space which suits your requirements, Business Link UAE is here for you. For any query, please contact us at info@businesslinkuae.com or call us on +971 43215227.

Civil Company Formation in Dubai – How to Set it up in UAE?

UAE in general and Dubai in particular offers a plethora of lucrative advantages to business community. State of the art infrastructure, strategic location, impeccable ethos, transparency, amazing government support and host of incentives are some of those bright spots that beckon business entities from across the globe. Although Dubai offers several types of company formations the one which thrills certain section of aspirants is civil company formation.

So, what is civil company formation in Dubai? But before that, let us understand the dynamics and metrics of setting up any kind of business in Dubai.

Dubai offers three main jurisdictions for enterprising entities – Mainland, Free Zone and Offshore. While the first option requires a local partner who by default will hold 51% stake in the company, the second option allows 100% ownership with a bouquet of incentives such less corporate tax and personal tax as well and 100% repatriation of profits. However, mainland business opportunities in both the cases are simply off limit.

Offshore option is chosen by businesses for the same set of reasons, similar to free zone, but with a different set targets and goals.

Once an appropriate jurisdiction is selected the next step is to apply for a relevant license. Business entities need to understand that licenses for mainland are issued by Department of Economic Development, and for free zone and offshore, respective authorities are responsible.

Department of Economic Development issues three different types of business licenses:

• Commercial license
• Industrial license
• Professional license

And the types of companies that can be registered under these licenses include:

1. Limited Liability Company
2. Civil / Professional Company
3. Joint Venture Company
4. Private Shareholding Company
5. Public Shareholding Company

Of all the above mentioned company formations, Civil Company offers the best of both worlds, i.e. 100% ownership and access to mainland business opportunities. The question is how to start civil company in Dubai? The answer is really simple. Get a professional license in Dubai. However, a point to note - professional license setup in Dubai is only meant for professionals such as  doctors, accountants, lawyers, legal consultants, management consultants and engineers, and these business entities must hold professional qualification/s in their field of expertise.

Nonetheless, a local service agent, basically a UAE national is still required as a liaison between the said entity and the government department/s. This agent applies for various approvals, license, permits, visas etc. Business Link UAE with a dedicated and qualified staff provides a one stop solution for professional license in Dubai as well as professional company formation in UAE.

Mentioned below are some of the salient features of Professional / Civil Company formation:

1. Professional / Civil Company can only be created for professional services.
2. The owners / partners must be qualified professionals in their chosen area of expertise.
3. 100% ownership allowed. Access to mainland for business opportunities allowed.
4. Services of a local agent still mandatory.
5. Non professional activities such as trading / manufacturing activities disallowed.

Business Link UAE, a company formation consultant in Dubai can help you start professional company or any other type of business setup in Dubai, UAE.

RERA Certified Local Sponsor in Dubai – His Roles and Responsibilities

Events whether on a large or small scale require a sponsor. The sponsor will be responsible for supervising the entire project or event over its whole cycle.  The sponsor will be the required leader, he or she will decide the sequence of steps in a project, will coordinate between all the heads and overview the entire project.

Usually a Sponsor is an individual with years of experience in the role of leadership. He or she must have e sponsor is also an influential personality who can chair his or her ways through people and make the participants listen to him or her effectively. The sponsor has both steering as well as stealing role. RERA certified local sponsor in Dubai fulfills all the duties efficiently and effectively.

As such there are many roles and responsibilities of a local sponsor for real estate in Dubai but the major ones include-

• Sponsor is the captain of the ship- sponsor will decide the particular event or project to be undertaken and will shape it. He or she will analyse the cost of the entire project and also make the cost benefit comparison. This forms the basis of starting any project. Without understanding the benefits that can be realized from the project one should not invest their funds.  A project should be started where it is needed the most.

• The sponsor will be responsible for smoothly managing the project in its entire cycle. He or she will resolve conflicts if any between the members and take care of any last minute mishaps. He or she has to be capable enough to offer any and every kind of advice as and when required. He or she should have contacts with the right people from all kinds of professions and backgrounds. This will help in getting all the approvals easily and solving a problem if one arises. For example having contacts with government officials can help in saving time by way of easily getting the approvals.

• After the base of the project as decided and the baselines decided and made clear any change after it has to be made by the sponsor. No changes can be made without the approval of the sponsor. Any increment, decrement, rectification, alteration will take place by the sponsor. In this he can be assisted by a team selected by him for this purpose. This is beneficial for the project in the way that not everyone can alter the project as per his wishes. It will also help in sticking to the timeline.

• Sponsor will play an important role in identifying risks and explain to his team the ways of managing it. The important areas are identified by him before hand and ways are sought to surpass them. The local sponsor for real estate business setup in Dubai will let the head of the project understand the risky portions and assist him in tackling them. For example if the sponsor knows that an industry cannot be established in a forest area he will not go ahead with the project and save precious time and resources.

If you want to start real estate business in Dubai and looking for a trustworthy local sponsor then we at Business Link UAE consultancy assist you through the whole procedure to get right RERA Certified Local Sponsor in Dubai.

How to Set Up Limousine Company in Dubai?

Nobody minds a little luxury every now and then. After all we slog ourselves and work hard only to enjoy a little. So when you visit one of the most expensive places why compromise. Travel in style and comfort with DTC Limousine Service. Dubai has some of the most beautiful manmade structures along with the magnanimous desert. The iconic Burj Khalifa, palm islands are now world famous tourist destinations. Imagine yourself moving around the swanky lanes of Dubai in a shiny, huge and super comfortable personal limousine.

Not only would it be safe and comfortable to travel but will also save precious time when there is so much to see within a limited period. Also people on business visits can use this service to reach to their destination well within time and without facing the terrible heat. Thus starting your own limousine rental business in Dubai is a wise decision. The venture will be a profitable one. Being a rich nation people prefer to travel in style and don’t shy away from spending.

Business link UAE assist you in the entire journey of setting up Limousine company in Dubai. From deciding on the model and number of cars to obtaining the necessary licenses and permits, to getting a team of well trained and experienced chauffeurs and setting up the office space the team of business link will be with you. Initially one should keep the investment small and scale up gradually with the rise in profits. Business link Dubai has been in this business for more than three decades now and has earned a good name for itself.

Business link Dubai will guide you in the customer care points also. They are quite well known in the Dubai circle and offer only the best and top models for the clients to commute. The service is meant to serve the tourism industry. The various hotels, resorts are covered by DTC service. Along with this the limousines are available 24/7 for the convenience of corporate clientele and government officials. They are linked to most of the major airlines and are available for airport pick and drop facility.

The following points have to be kept in mind while starting your own limousine business- 

• Convenient booking- the limousines should have an option of pre booking through app along with booking through email, official website and telephone conversation. All the charges including taxes, tolls, service charge should be made clear to the clients at the time of booking. The booking process should be fast, hassle free and reliable.

• Customer service- there should be availability of the customer care service 24/7. The helpline numbers should be answered promptly irrespective of the day or hour.

• Team of elite drivers- the entire fleet of limousines has to be driven by a team of professional drivers. They should be experts at their job with years of training and experience.

• Multiple modes of charging- the calculation of the fare can be made according to your choice. The option includes calculating fare based on time, zone and meter based, zone based, time based.

• Greetings- the drivers should always keep enough margins for flight delays and early arrivals and will greet you with a smile on your arrival. There will be complimentary snacks offered to you at the airport.

Thus if one follows the guidelines of business link UAE, success is bound to follow.

All You Want To Know About Business Setup in Dubai Mainland

The business friendly facilities and infrastructure offered by Dubai mainland is very popular. Several advantages are there of a highly developed economy that could be enjoyed by the business setup.

Utmost international standards are matched by the services and infrastructures that expedite quality, efficiency and services for business setup in Dubai Mainland.

 Some of the benefits for business setup in Dubai Mainland are: 

• Best quality options for residential  and office accommodation
• Advanced arrangement of transportation
• Top venues for international conference and exhibitions
• Simple recruitment process
• Reasonable workforce
• Open enterprise system
• Reliable utilities, power etc.

For relishing all these benefits, the task of company formation in Dubai has to be accomplished. This is challenging as well as time consuming. Business Link UAE is there as your reliable partner making this task hassle free and opportune for you.

Process of business setup in Mainland:

For company formation in Dubai Mainland, a UAE national has to be appointed as your business’s local sponsor. However, an agreement will be signed by the local sponsor of not having any profit sharing or involvement in operations of the company. Therefore, no active participation is there of the local agent in company’s profit sharing, operations and business management. Instead, their role will be of a figurehead characteristic at the time of required documentation and enlisting of legal settlements in Dubai.

 Necessities for business setup in Dubai Mainland:

For a business setup in Dubai Mainland, it is required to have the office address verified from the Dubai Municipality. This requirement varies on the basis of license type that is required by the investor. For the business setup in Dubai mainland, 6 steps are involved. These are:

• Selection of the business activity and approval of name for the same
• Selection of the service agent or the local partner
• Application for getting the preliminary approval for business setup in mainland
• Provision of MOA and notarization from court
• Getting the occupancy contact as well as space for office
• Final proposal for business setup in Dubai mainland

The skilled Dubai company formation consultant at Business Link UAE are there to provide best services and support to the clients for business setup in mainland.