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review 2020-03-04 07:58
Why should you setup a company in Ajman Free Zone?

 

Situated on the Arabian Gulf Coast, Ajman Free Zone is one of the most developed UAE free zones. It has four seaports, 2 international airports, and highways connecting to other major cities of the UAE. This has made Ajman as an advantageous place for company formation. Entrepreneurs can set up business here in Ajman because the company formation process is easy and hassle-free.

 

Ajman Free Zone Authority, the governing body that issues business licenses to companies has given many benefits for companies who want to set up a business here. Factors like cost, time and efforts are key resources in any company and hence Ajman’s cost-effective and strategic location attracts investors from around the world. The following are the reasons why company formation in Ajman free zone is beneficial:

 

  1. Commercial Benefits

 

  • 100% exemption from customs duty for goods and services for you.
  • 100% ownership for foreign companies
  • 100% repatriation of capital and profits
  • No red tape and you won’t have to shell more money on labor as they cost less.
  • Liberal economic policies and legal framework making setup and registration easier.

 

  1. Tax Benefits for companies

 

  • You do not have to pay corporate tax
  • You do not have to pay personal Tax
  • There is no import and export tax

 

  1. Infrastructural Benefits

 

  • Your company can enjoy the benefits of land leasing for 20 years which can further be renewed for 20 years.
  • Abundant energy supply which is also cheap.
  • There are no hidden charges.
  • You also get the benefit of pre-built offices, smart offices and warehouses to facilitate your company.

 

  1. Environmental Benefits

 

  • Your company will be set up in business-friendly laws.
  • The company registration process and setup process is easier in Ajman Free Zone.
  • For workers, the immigration process is very quick and simple.
  • Ajman Free Zone Authority provides single window clearance for multiple government services like acquiring business licenses, visa services, immigration, etc.

 

  1. Miscellaneous Benefits

 

  • There are no currency restrictions and no quotas or foreign exchange controls.
  • AFZA provides 24 hours of security service
  • Easy staffing and recruitment procedure.
  • Your company can have access to services like the bank, postal and advanced communication facility.

 

Although the advantages look simple and easy to understand, the process of company formation in any of the UAE free zones must be done under expert guidance. EBMS is known for its business consultancy services. Reach us to find out more.

 

Source: www.ebmsbusiness.com/business-setup-in-ajman-freezone
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review 2020-02-21 12:33
What are the steps to set up a business in Dubai?

The right time to set up a company in Dubai is now. But most entrepreneurs do not know how to set up a business in Dubai. In this blog, we will give a short guide on the necessary steps that must be followed for the company set up in Dubai.

 

  1. Determine your business activity

 

The type of business you want to set up is the factor that decides the location of your company in the Dubai free zone. Because some Dubai free zones allow only a certain type of business and the rest of the activities are restricted. Although you can later have multiple business activities listed under one single trade license you have to establish your business activity early on.

 

  1. Choose your trade/company name

 

One of the most important things is to focus on your company’s name because the UAE has strict naming conventions. It should not be offensive in any way or has religious or political references. If the name of the company is after any person then the person should either be the owner of the company or a partner. And you cannot use abbreviations while naming your company after the person.

 

  1. Complete all the paper works

 

Whether you start a company in Dubai or anywhere either world, you have to follow some procedures and complete the paperwork. Acquiring business license, company registration, visas, application form including the name of the company and the activities your business will have, etc. are required. Some of the free zones also require additional documents like Non-objection Certificate (NOC).

 

  1. Opening a bank account

 

After you have all the necessary documents like a business license, you will be able to open a corporate bank account. UAE has local as well as international banks with many different services so that you can decide the best suitable for you.

 

  1. Hire a business setup consultancy

 

Company setup in Dubai is not a meager task and hence you should always hire a business setup consultancy. EBMS is one of the best in the field. We will guide you through all the processes along with the documentation, bank account opening, finding the right location, acquiring the license, etc. We are well versed with the local government authorities and their rules and regulations and hence you won’t face any complications. 

 

To know more reach us today.

 

Source: www.ebmsbusiness.com
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text 2020-02-21 10:51
What should you know before applying for Dubai Visa?

Dubai is one of the most sought places by entrepreneurs who want to do a business setup in 2020. And traveling to other countries requires a visa before the boarding of the flight. Also, sometimes you get a visa on arrival. And then there are various different types of Visas that you should know about. Acquiring a visa is not a complicated process if you have the right guidance.

 

In this blog, we will explain all the necessary points that you should remember before applying for Dubai Visa.

 

Do you need a Visa?

 

Residents from some selective countries like USA, UK, etc. are eligible for visa on arrival in the UAE. If you are a passport holder of any of the GCC countries then you do not need a UAE visa to visit Dubai. You just have to show your GCC national passport at immigration and you will be granted entry on the spot.

 

Acquiring a UAE visa grants you access to all the emirates of UAE like Dubai, Abu Dhabi, Umm AL-Quwain, etc.

 

What are the different types of Visas?

 

Which type of visa you need solely depends on the reason you are visiting Dubai. The varied types are as follows:

 

  • Visa for visit
  • Residential visa
  • Dubai tourist visa
  • Investor Visa
  • Employment visa
  • Freelance visa
  • Multiple-entry visa
  • Transit visa for 96-hours
  • Long-term visa for 90 days or short-term visa for 30 days
  • Domestic help visa

 

What are the essential documents?

 

The following are the different documents that must be presented by you i.e. the visitor while applying for Dubai Visa services:

 

  • The first page, last page and the visa pages of your passport
  • The first page, last page and the visa pages of the guarantor’s passport
  • Your Emirate ID
  • Your passport-sized photograph in a white background
  • Your passport with a minimum validity of 6 months
  • If you are a spouse then it must be mentioned in the passport.
  • Sometimes you need a cash deposit of AED 5,000

How much will your Dubai Visa cost you?

 

The cost of acquiring the visa also depends on the type of visa you have applied for. The minimum cost that you have to pay for acquiring Dubai Visa is AED 200. If you are to cancel your Dubai Visa, it will cost you around 110 AED.

 

Before setting up a business in Dubai, you should understand the basic process of acquiring a Visa for Dubai UAE. EBMS will guide you through all the processes so that your business setup process goes smoothly.

 

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