Opening a business in Dubai, UAE, should not take you quite a week once you’ve arranged all your legal procedures. The guidelines and policy for each of these vary consequently and the categorization depends on the proprietary rights of the firm. If you are a foreign national, you might need to go for a Dubai Freezone Company Setup license, if you need 100% ownership of your business. However, before you begin your legal formalities, you would like to think about some components required in the process are:

Sole Ownership 

A sole ownership organization is a legal entity managed and owned by one person. She/he will be in complete control over the management and profits, although being 100 % liable for the business’s debts or the other monetary obligations.

Things to understand

• A business or trade kind sole ownership can be held only by UAE or GCC nationals.
• The proprietor of a consultancy kind of sole ownership should have a logical aptitude for the activity preferred.
• A sole ownership organization can have just a single director.
• The trade name must be associated with nature the business.
• Sole ownership has no least condition for business capital.
• The Company Setup Dubai and its branches can be sold but the business or trade type of company can only be sold to UAE or GCC nationals.
• Sole ownership will have branches, which might complete all activities integrated with a license of the parent organization.

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.

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.

Dubai is becoming one of the hottest business setup hubs in the world but it is not an easy task to set up a business in UAE Dubai. Entrepreneurs should always seek the help for business consultancies, business setup service providers and corporate advisory firms when setting up a business in Dubai because of the features they offer.

The following are the reasons why it is recommended to hire a business startup consultant in Dubai:

1. Legal formalities and licensing

Before starting a business, you have to deal with all the legal formalities such as registration and licensing. As the consultancy firm is familiar with all these formalities they can ensure that your business setup process in Dubai will go smoothly and hassle-free. The business setup consultants in Dubai will help you in understanding all the risks and exposers related to any legal form or document and will also help you in expanding your horizons.

1. Laws, regulations and ownership

You will need professional advice when setting up a business in Dubai because UAE is distinctively divided between the onshore sector and offshore sector company Registration in Dubai UAE. Onshore sector is dominated by local business interests and has restrictions on foreign ownership. Offshore sector consists of a number of free zones each with its own rules and regulations.

1. Finding the ideal location

Deciding the market for your business is one of the important steps and business setup consultant firms pride solutions with the help of economic feasibility studies. They will help in doing background research on the location and will focus on marketing environment providing information that will help you in effective decisions.

1. Value added services

Some of the business consultancy services offer value added services like opening of corporate bank account, license amendments, visa services, company logo registration and more which will ease your work

1. Strategic government partnership

Government relationship will be needed while forming any type of business in Dubai and hence business consultant who already are well versed with all sorts of government agencies like Department of Economic Development (DED), Dubai Land Department (DLD), Ministry of Economy or Dubai Municipality, etc. The consultant will act as a liaison between your business and the related government body.

EBMS will help you in setting up a business in Dubai as we are experts in our field. Reach us to know more.

Whenever you think of making an offshore company or investing in a country where you can earn maximum benefit out of the investments that you are making, UAE pop up as the first option. Now a day people have chosen this country as the best place to get started with the business that they want to set up. But why is it so? What is that thing which makes UAE special? Although the benefits that you can expect to get in UAE are countless, there are some which cannot be ignored by anyone. It is because of these benefits that UAE has gained the status of most reliable place to risk your money in.

The benefits of working in UAE involves many factors like the ease of doing things in the country, the laws, the ease of setting up the business and getting the right kind of labor force. All these factors together make up the basis of a successful business setup. In the following content we will break down everything for you to judge for yourself what things make UAE the best option for your business’s workings, let us get started with it.

Infrastructure:

Whenever you plan to set up a business in any country you will have to face a problem that is not under your individual power. That is to have the good infrastructure around the area where you are going to set up your company. Let us say that you are after a Abu Dhabi main land company setup. Why would someone choose a mainland? Despite that every person knows that the restrictions of main lands are a bit more than the free zones. The reason is the eye-catching infrastructure that these areas have. It attracts many customers from around the world. These customers will make sure that your business works well.

That is why the importance of infrastructure in UAE grew very much in a shorter time. The government invested a lot of money to make UAE the most comfortable place for business related activities. This is a feature of this land that makes it a perfect place for any business to move it .It would be easier and convenient to launch your business and the benefits would be more than what you expect for yourself.

Transportation:

If you are thinking of any business that requires a lot of raw material or deliveries you would understand the importance of transportation very well. The areas where transportation is goo are considered the best places to get started with any business whatsoever. If there are not the right means of transportation in a place you won’t be able receive the consignments related to your business in time. This makes a country with a good transportation system a complete yes to have a successful business setup in.

Moreover if a country has good transportation system and infrastructure the influx of tourists in that country would be a lot. This is very clear in the case of UAE. The country is a world famous tourist destination and hence a lot of people come as a customer, which is going to be very beneficial for any business owner in the country. This sets UAE apart as one of the best destinations to give your entrepreneurial dreams a try.

International venues:

Almost all the businesses and huge companies around the world that have made their mark in their respective fields need some kind of platform to do what they are doing. The most important platform for any business to grow is the exhibitions. These exhibitions are to be done in a place where the maximum number of audience can easily reach out and UAE has maintained this position for quite a very long time now. A lot of people from around the world visit Dubai and anyone who owns a Dubai main land company setup can profit a great deal from it.

Every year millions of people visit Dubai and UAE as a whole for attending different conferences and international events. This makes UAE the best option for any business enthusiast with a good reach of customers and all other benefits that are needed for the efficient working of any business whatsoever. This quality also set UAE apart from all other countries who are trying to host international investors.

Hospitals and schools:

If anyone is to set up a business in a country they are definitely going to need to stay in that country as well. This means that all the facilities available in that country should be good enough for the investors to see a future in that country. The living conditions in any county are determined by the basic availability if education and healthcare. These two are the most attractive things of them all. That is what set’s UAE apart as one of the best places to live in and work at the same time.

Hospitals and healthcare in UAE are state of the art and all the facilities are provided, all under one roof that makes it easier for the investors to find a new and better life for themselves and their families as a whole.

State of the art hotels:

A country is known by the way it hosts the people that come in. UAE is best known for its hotels and services that are difficult to find in any other country. These things make UAE a good location for people around the world to visit and also for the businesses to have more demand and profit as well. This feature has opened up UAE as one of the best locations to invest your money in.

Efficient communication:

Since people from around the world and different cultures keep on visiting the country the communication mediums are easier and defined. This means that you would be connected to your family and all your business related people easily and efficiently. All these features stand in the favor of UAE as the best place for investments and business startups.