How to Setup a Company in Dubai

As a geographical and economic hub of the Middle East, global investors see the United Arab Emirates (UAE) as a vital element of their operations. Dubai is the second largest emirate and is located as the most important port and commercial center of the UAE. It has worked to become a widely diversified economy. Critical sectors include manufacturing, logistics, financial services, information technology, retail, travel, tourism, medical care and education, as well as a strong focus on green technologies.

To attract international business, Dubai has invested heavily in its transportation, telecommunications, energy and industrial infrastructure. There are no taxes on income or capital in Dubai, except for oil and national banks, and there are no withholding taxes. Businesses in Dubai can gain additional significant advantages due to the absence of foreign exchange controls, trade barriers or quotas, which makes it an ideal place for business creation and business formation.

The main law that provides for the registration of companies on land in Dubai is the Companies Law. It establishes all the rules that must be met before and after the registration of a company.

In the case of offshore companies or free zones in Dubai, each authority imposes its own registration requirements.

The procedure to open an offshore company in Dubai differs greatly from that necessary to incorporate a company on land. If currently, you are not sure which one you need, consider the following:

1) a) an offshore company (RAK Offshore, for example) has no special requirements or limitations with respect to the owners / shareholders of the company while

  b) a company on land does not allow total foreign ownership (the company requires a local "sponsor"). For more information on the requirements, see: Establishment of a company on the UAE land.

2) a) an UAE offshore company gives 0% corporate tax while

    b) a company on land has fiscal obligations and compliance requirements according to UAE legislation.

3) a) an offshore company cannot be activated within the UAE;

     b) a company on land is designed to do business in the Emirates.

To summarize: if you are not interested in the Dubai market (your clients are not within Dubai) and only want business set up in UAE to take advantage of the tax regime, privacy and / or offshore banking, then it is advisable to start an offshore company in one place on land.

Setting up a business in Dubai requires a thorough investigation and most of the time it is attractive for professional services. Our business training agents in Dubai can help you with more details on the main steps if you want to open a business in Dubai.

A foreign company that wishes to setup a business in the UAE may choose to establish operations as a branch, representative office or registered company, or it may designate a commercial agent for selling its products in the UAE market or export them. New companies may also choose to carry out their activities from a Free Zone, which is a designated and self-regulated area established to catalyze economic activity within an emirate and is governed by its own set of rules and regulations. There are about 40 free zones in the UAE, with more in development.

It is important to have a complete understanding of your options before deciding how to establish your company's presence in the UAE. The overall growth of your company in the United Arab Emirates may be hindered when making the wrong decision, therefore, consider the following points when deciding the best structure for your needs.

Business Link UAE’s team of professional business training specialists help local and foreign investors to follow the main steps for business formation in the UAE and open the type of business required. The business configuration in the UAE is not difficult, but many foreign entrepreneurs do not know the local regulations, so it is recommended to contact a local agent for the configuration of the company in the UAE. The agent will explain to the foreign investor the differences between local and foreign companies and those established in free zones and will help him choose the one that is suitable for his business needs. Then, the entrepreneur must prepare the documents for the formation of the company in the UAE and begin the incorporation procedure.

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.

5 Facts To Consider Before Starting A Business In Dubai

Owning and running a successful business in Dubai is a dream of many entrepreneurs. The city welcomes diverse businesses offering higher economic returns. There are numerous other benefits of starting a business in Dubai. But before you start a business in Dubai, you need to consider various other things and plan accordingly.

Below are the 5 things you must know about company startup in Dubai before you start your own business here:

1. Decide the business activity/type: First and foremost thing is to decide on the business activity you want carry on in Dubai. You must know that UAE does not allow for all or any business type. Whatever you plan to run, it must sync with the Dubai standards. The Department of Economic Development (DED) has listed more than 2000 business activities to choose from and operate in Dubai. In case you can’t find you wish activity, you can connect with DED or a well-experienced business setup consultancy like us and discuss. Subsequently, you can know the type of license you would require.

2. Licence type: Depending upon the type of business activity you wish to continue in Dubai, you need to apply for the type of license i.e. professional, commercial or industrial. Where, the professional license is for activities such as education, IT services, consultancy, event, management services etc. Commercial license is for trading activities & industrial license is required to conduct manufacturing, semi-manufacturing & other industrial activities.

3. Place of business setup in Dubai: Next thing is to decide on the place where you wish to set your office i.e. in the Mainland, Free Zone or Offshore. There are numerous factors that affect the selection of place such as ownership of the company, commercial activities, business requirement, taxation, etc. The laws of Free zone company formation differ from Offshore or Mainland company setup regulations, so you need to know it all before you set up your company in Dubai.

4. Analyse the cost: Before starting a business in Dubai you need to analyse your funds. You must know there are several operational costs such as trade name registration, getting business license, processing visa etc. and government fees in addition to the investment required solely for business in UAE.

5. Legal Formalities: Next you need to stay well-informed about legalities such as documentation, paperwork, share capital, getting a trade name and ownership etc in Dubai. The DED has certain rules for all legal formalities and you must not waste any time once the process of setting up the business has started in UAE.

Conclusion:
Contacting legal consultancy in Dubai: One of the most important things is to consult a company setup consultant in Dubai and get proper guidance on how to set up a business in Dubai. You can contact us, Business Link UAE for any assistance on how and why to start your own business in Dubai. We are one of the oldest and most trusted business setup consultancies in Dubai offering various services such as company setup, PRO services, visa services, local sponsor and corporate sponsorship for business startup in UAE.

How to Get a Nanny Visa in Dubai?

Dubai has a dynamic and occupied lifestyle that has raised the demand for maids. Undoubtedly, a helping hand is welcomed by all. But adding a maid to your family involves safety and legal proceedings, and that’s not an easy task. So, Business Link UAE is here to assist you with visa services for a maid in Dubai. We guide you in the complete process, from documentation to immigration process of housemaid visa in Dubai.

Sponsoring a Housemaid in Dubai:

There are some preconditions to sponsor a maid in Dubai. Rules may vary slightly in different emirates in the UAE, but below are the basic requirements:

• You should have a salary of at least AED 6000 or AED 5000 with free accommodation with two-bed rooms.
• You need to bear the airfare of your maid to her country annually or once in two years.
• You need to provide her with basic amenities and living expenses. To sponsor a housemaid in Dubai you must offer her a salary of AED 1500 to AED 3500 according to the scope of work.
• There is also a security deposit of 2000 AED that is refundable.
• You can sponsor maid from India, Indonesia, Philippines or Bangladesh.

Note: Bachelors are not permitted to sponsor maids.

How to get maid visa in Dubai?

To guide you more on requirements for maid visa in Dubai, we have listed this three-step process:

1. Obtain residence visa (employment permit) for the maid: For this, you need to submit a duly filled application form, maid and your passport copy, your original salary certificate, accommodation details, photos of maid, and an affidavit from consulate to certify non-relationship if the maid is from your home country.

2. Take her for medical fitness test: For the maid visa in UAE, Dubai has 14 medical fitness test centres where maids can undergo for medical test.

3. Get residence stamp on maid’s passport: For this, visit the residency section with the stamped employment permit, medical fitness reports, copy of your passport, salary certificates, and maid’s passport. Collect the unified contract that requires yours and your maid’s signatures. Get it counter-signed by the officer there. One year validity residence stamp is placed on the maid’s passport. Our experts are here at Business Link UAE to assist you to get this whole procedure done without any difficulties.

Maid Visa Cancellation in Dubai:

In case you are not satisfied with your maid’s performance or nature, then you can get her visa terminated. For Dubai nanny visa cancellation, visit DNRD for a visa cancellation form and do the followings with our team of experts like us:

• Get an application typed for the residence visa cancellation of maid.
• Submit the copy of the maid’s passport and one-way ticket to her country.
• Visit immigration office to submit the application, maid’s passport, labour card and your passport.
• Accompany your maid to the airport, on the day of departure, along with her passport and cancellation form. 
• Submit the other form to collect a refund of AED 2,000.

 In addition to visa for maids, we offer all kinds of Visa services in Dubai. Business Link UAE has been serving in Dubai for more than two decades. Also, check our PRO services in Dubai, if you plan to set up a company. We make sure our clients leave their legal tensions to us and have a great livelihood in Dubai.

Here’s Why You Should Outsource Business Link for PRO Service.

The seven member states of UAE have several laws in place for foreign residents. This includes the working and business class. Both categories of immigrants require timely submission of legal documents to various state / local agencies and judicial department.

Incidentally, Dubai has stringent business laws. We will talk about them later. What is important is that these legalities have to be executed on time and records duly maintained. Failing to comply due to lack of knowledge or oversight could spell disaster for the employees and even the employer. In a worst case scenario the concerned individual or even a group could simply be deported. PRO services provider in Dubai such as Business Link UAE can help prevent such situations.

Businesses have two ways of maintaining such records or documents which also includes fresh application/s for recruitment or inviting family members.  They can either –

1. Create an in-house department for such tasks.

2. Outsource PRO services in Dubai.

Here’s why you should Outsource Buisness Link for PRO service. 

1. Knowledgeable Partner:

Working as PRO OUTSOURCE Company and government procedural industry, since 1998 we been up to date on every little change in the rules and regulations, enabling us to educate you and process things accurately and quickly.

2. Save Time:

With our expertise and understanding of PRO procedures in the UAE, we ensure that time is utilized efficiently in obtaining all permits, visas and other documentation.

3. No More Fines or Delays:

Business Link Outsource PRO Service assures that all procedures are carried out in the right way and order, while administration departments within companies lack the expertise and work on trial & error basis, which results in heavy fines and delays.

4. Dedicated Accounts Manager:

Our account managers are trained to handle all procedures, they ensure that the client is updated with all necessary information, while managing and liaising with PROs internally on all jobs.

5. Renewal Reminders:

Business Link PRO division  keeps record of all necessary company and employee documentation and provides timely reminders when license, visa renewal processes must be initiated.

6. 100% Transparency:

In addition to complete information from Account Managers about the procedure, we also believe in complete transparency in providing information and the procedural costs involved for business setup. For this reason, all government charges involved are charged at actual with copies of supporting bills.

7. Reduce Costs of Running of PRO-Admin Department:

Business Link Corporate OUTSOURCE PRO services Packages eliminates the need for in-house administrative and PRO department. This saves the company running costs on staff; salaries, gratuities, leave expenses and miscellaneous expenses that come with the running and maintaining of a department.

8. Hassle-Free:

With our account managers managing the PROs and informing you of the progress of the job every step of the way, you can leave the worrying to us and enjoy your hassle-free PRO processing.

9. CRM Managed:

Our CRM managed system, keeps tracks of all document, provides reminders and is regularly updated to better assist our clients:

10. Focus on your core business:

Outsourcing your PRO needs lets you concentrate all your attention on your core business activity and invest the money saved on admin costs into developing more business. Shifting to an outsourced PRO services package with Business Link does not only get you the above benefits, it also provides you with a growth partner, to assist you in streamlining your business and providing a support system for your expanding business.

For best PRO Services in UAE and for assistance in all Governmental works Contact Us  in 00 971 556070118 or Email us to info@businesslinkuae.com.

Individual or Corporate Sponsor for Business Setup in Dubai

In the increasingly prosperous dynamic economic market of the United Arab Emirates an influx of entrepreneurs have gained interest in setting up businesses via business setup consultants in Dubai; our Business Link experts facilitate a timely smooth transition into the market, whether it be as acting Corporate Sponsors or by providing top notch PRO services in Dubai.

 

In respect to the UAE Commercial Companies Law that governs the criteria’s by which companies are set up it is a mandatory requirement that all companies established in the UAE should have a national partner acting as a local sponsor with 51% share in the company whilst the remainder 49% shares belong to the expatriate business owner.

However, the aforementioned can bear exemptions with regards to companies established in Free zones, Civil Companies and the likes. Having this said, business owners have the option of acquiring a local individual to represent that 51% or to have a corporate to act as the 51% shareholder, however any corporate acting as a shareholder must be 100% owned by a UAE national.

In both cases, the foreign investor will be the key person running the company while the local sponsor receiving a set fee or profit shares agreement. It is not uncommon that foreign investors and business owners face slight difficulty with regards to obtaining a UAE national they are familiar within the realm of business. Due to this commonality, we at Business Link are certified and licensed to act as a Corporate Sponsor for those interested in starting mainland company in Dubai.

When weighing out which sponsorship method best suits investors it is crucial to understand the characteristics and the benefits provided by each, individual sponsorship, local service agent, and corporate sponsorship. When considering pursuing a local sponsorship, business owners must first determine the type of business activity of the company.

Common considerations to take into account before starting a sponsor search include:

* Will the sponsor help the business?

* Should my sponsor have a high profile?
* What are possible worst-case scenarios with each sponsor type either corporate or individual local sponsor in Dubai?
* What are the key benefits?

Potential business owners interested in LLC company formation, trading company, or manufacturing companies are eligible to seek corporate sponsorship. Looking at it from a legal standpoint, having a corporate as a shareholder aids in overcoming various legal requirements when compared to individual shareholders.

From a financial standpoint the benefit of a corporate sponsorship is that it provides greater financial freedom and a sense of security. The support of an already established management team of a corporate is a benefit every entrepreneur must consider. Those considering appointing a local service agent usually is seeking professional licenses, the setup of branches of foreign companies, or setting up representative offices.

The choice of sponsorship is wholly dependent on the incorporator and the level of comfort of the interested party. The professional consultants at Business Link support our clients to select the most appropriate decision in business setup and guide them through complete procedures of Dubai Mainland company formation and Dubai Economic Department company registration. Contact Business link UAE for Dubai mainland business setup, for more details call +971556070118 or e-mail us in info@businesslinkuae.com.

How to Get the Residence Visa for Your Parents in Dubai

As a legal resident of UAE, holding legitimate inhabitant visas having a base pay of AED 19,000 with a two-room settlement or salary of AED 20,000 without accommodation can get resident visas for their parents or in-laws. 

Get Dubai residence visa for parents 

You have to sponsor both your mother and father together with the proof that you are their sole provider and there is no one to take care of them in your home country. 

In any case, if your parents are divorced or one has expired, you ought to carry documentary proof to DNRD to obtain the entry permit visa, which is the initial phase before applying for the residence visa. Also, you need to get a medical insurance policy for each parent with a minimum coverage of AED 600 per year. 

Documents required for Parents entry visa in Dubai 

• Application form from registered typing centers 

• Original passport of sponsor

• Passport copy of parent/s with 1 photo

• Proof of relationship from your embassy/consulate attesting both relationship and that you are their sole provider

• Copy of job contract or salary certificate from employer. 

Procedure: 

• Submit the documents along with a letter from your side appealing on humanitarian grounds for the entry visa for your parent/s at General Directorate of Residency and Foreigners Affairs - Dubai. The Approval Committee will either confirm or reject your application within two weeks.

• If approved, have a registered typist complete the form after paying the fees.

• Hand in the documents at the residency section of DNRD

• Within 48 hours Entry Permit will be sent by Empost, or if you have applied for an urgent visa, then you should receive it from the counter in a few minutes.

Within 60 days from the date of entry, you need to convert your parent's entry visa into a residency visa.

Documents required for Parents residence visa 

• Application form with 3 photos of parent

• Original passport of parent/s and sponsor

• Original entry permit

• Health card or medical insurance policy for parent/s

• Refundable deposit receipt

• Original job contract or salary certificate of the sponsor 

Procedure:  

• Do a medical checkup and obtain a restorative card.

• Go to the General Directorate of Residency and Foreigners Affairs – Dubai with the documents.

• Get a typist in order to complete the form for you after paying the fees.

• Go to the residency section and hand in the documents.

• The residency visa stamp along with the passports will be sent to you through Empost.

Business Link UAE is at a click away, Sponsor Parents in Dubai 

At Business Link UAE, we take utmost care in handling your documents for parent's visa in Dubai and suggest the right documentation required for you. Backed by an experienced team of professionals who are aware of the various rules and regulations of paperwork relating to parent's visa, we can offer the fastest Parent's visa assistance for you. Our team of skilled professionals will screen the documents thoroughly before processing to avoid any undue delay.

Get in touch with us, we can support at every stage of your journey on getting the residence visa for your Parents in Dubai.