James Cotter

I am a corporate consultant with years of advanced experience leveraging business consulting skills with legal insight to drive business growth, protect assets and Intellectual Property, assure legal compliance and minimize risk. I am currently working as a business consultant with Shams consultant, advising entrepreneurs, startup companies and foreign firm on business setup in dubai, LLC Dubai, regulatory affairs, legal compliance, legal structuring and re-structuring of entities in United Arab Emirates Mainland, Free Zones and, Offshore jurisdictions.

Company setup Dubai

Last updated on March 17, 2022

Company setup Dubai

Dubai has developed in a last decade so much that it stands as the primary trading hub in UAE. The location of Dubai pays a vital role in the charm of the Dubai. It offers to expat the most liberal operating conditions; that is, tax free trading, No trade barriers, protection of the asset, complete privacy; and full repatriation of profit as well as capital.

Dubai also offers a lot of structure for company setup Dubai. That is, offshore company setup; local main land company set up; and also there are so many free zones which offer a variety of license for expat. The tax haven zone is also paying a vital role in the popularity of the region. Dubai has a wealthy market place located in one of the ironic place; which offers a wide range of opportunities in the field of trading and in finance. High ease of use through air or water (around 90 airlines and 170 shipping lines)

Company setup in Dubai might be a good idea if you have decided to launch a business in Middle East. You can start your company in one of two types of authorities; which is “Main land authority” or in any of the free trade zone. Both of these zones offer different civil rights; subject to the nature of the business as well as the type of the business. If you select main land area for your company setup Dubai; then your controlling authority will be Dubai DED. In this type of a business you need a local person; who will act as a local sponsor or local service agent. But if you select a free zone area; then you can set up your company without the need of a local person. We are providing our services for all kinds of Company setup in Dubai.

Procedure of Company Setup Dubai

As we have mentioned that there are two man areas where we can set up company and start our business. Both authorities have their own roles and regulation for local as well as expat. Both have different steps to be followed to get the license. But following are the most common steps to get the license.

Select a Business Activity for company setup Dubai

The first step in the company setup Dubai is to choose a related class of business activity. There are almost three thousand business activities are available for Company setup in Dubai, which fall under different groups. You need to select the correct group of activity in the first place.

Select a Trade Name for Company setup in Dubai

This is one of the main stages of company incorporation in Dubai. In this stage you need to select a trade name of the company. But remember at the time of choosing a trade name you need to follow trade name selection guide lines.

Select a Legal Form for Your Company setup in Dubai

The 3rd step for company setup in Dubai is to select a legal form of the business; as there are more than a few legal forms of the company setup in Dubai; and it is always based on the business activity which you are going to choose in this stage. When you are going to select a legal form for your company set up in Dubai; you need to consider the activity which you will perform in this company; the type of a business as well as the ownership options.

Initial Approval for Dubai company setup

Once we select the trade name, activity and legal form; then the next step is to apply for initial approval. An Initial Approval is a No Objection from Gov’t to start business in Dubai. These approvals carry out business activities as well as legal type of the license. This type of approval is valid for a period of six months; and it is not renewable.

Draft MOA and Local Service Agent Agreement for Company setup Dubai

After getting initial approval the next step is to prepare a MOA; or the local service agreement (LSA) subject to the legal form of the entity. Local Service Agent agreements LSA need to be preparing for professional activity with UAE Local; while MOA is required for the commercial activity. Following Legal forms have to be drafted as MOA.

Limited Liability Company
Private Shareholding Company
Simple Limited Partnership
Civil Company
Partnership Company
Public Shareholding Company

If you are planning to set up a branch company, then an MOA will be needed. But note that it is not needed for Sole Establishment. Dubai Company setup as a Branch of a Free zone Company; where UAE local own less than 51% of the company or a civil company; and a branch of a foreign company that has no UAE local need an LSA Agreement.

Select an office address for company setup Dubai

In order to setup a company in Dubai all companies must have an office. Before to get a final approval for business activity; you need to rent an office space inside in a Dubai. The location need to be approved by the Dubai Municipality. If the partner of the Company setup Dubai is a UAE local and have office space for one license; then we do not need to rent new office space. We can just add new license in the same office address.

Get specific Approval for company setup in Dubai

There are some activities which required special approval from different Gov’t departments. In this stage before final submission you need to take those approvals from concern departments. For example, a Hospital and clinic need special approval from DHA. So you need to have this before final submission.

Get Business License for Dubai company setup

Once we select the trade name, activity as well as legal form of the business; prepare MOA or LSA and rent an office; also get special approval if required. Then the next step is to apply for final approval. In this step you will get your business license. The whole process will take 6 to 7 working days. But it is totally depend on the business activity as well as on all other approvals.

Our Other Services: | business setup in Dubai | RAK offshore company setup |

Travel and Tourism License in Dubai

Last updated on August 23, 2022

travel and tourism license Dubai

Now a day Dubai is one of the best travel and tourism place in the world. And it will not be wrong to say that it is in the top 5 places for travel as well as tourism. After all, there are impeccable resorts for a foreigner to stay; constant promising climate, blue beach; as well as fabulous modern buildings. At this time let me add one more thing which is the most important aspect of the rising of Dubai; that is, the gov’t of the Dubai creates great efforts for the growth of the travel and tourism; as well as in entertaining industry. All together, these factors make Dubai very attractive for the travel and tourism license in Dubai.

In the first place Dubai is one of the world most pretty places in the world; it attracts more than 13 million visitors until 2016. Travel and tourism license in Dubai or travel agency license in Dubai; has a high demand in the market; because of the good location, the tolerance of the native population and very qualified personnel make Dubai the perfect place to open a tourism license in Dubai.

How to open a tourism company in Dubai

In the first place let me tell you the requirement for how to open a tourism company in Dubai. First you need to get the suitable tourism license in Dubai in order to carry out this kind of business. Note that there are 3 main types for tourism license in Dubai. To operate your tourism business in Dubai you need to apply for one of the following licenses.

Travel and tourism license in Dubai as an Outbound Tour Operator

In this type of license a firm can organize the out bound trips. It will also empower you to work in the field of travel and tourism within the country; as well as outside of the country. It will also allow you to organize global conferences as well as show and exhibitions. Also to cover risk an insurance policy is required. The validity of the insurance shall cover the entire term of the license. And will expire after the one month of the license expiry date. Dh 200,000 bank security in the name of DTCM.

Activity Code 630411
License Type: Tourism
Activity Description: Includes firms that organize and sell tourist programs abroad via travels and tourism agents.

Travel and tourism license in Dubai as an Inbound Tour Operator:

This type of license allows a firm to organize the inbound tourist trips. It will empower you to provide assistance in the field of tourism inside the country; it also allows you to organize global conferences as well as show and exhibitions. For this type of tourism license in Dubai need Dh 100,000 bank security. That is in the name of DTCM (Department of Tourism and Commerce Marketing) issued by any bank in Dubai. Also it needs an insurance policy for covering the risks that may come in tourism programs. This policy shall be valid for the total term of the license; and will finish 30 days after the license expiry date.

License Type: Tourism
Activity Code: 630412
Activity Description: This type of a license will allow a firm to organize local incentive tours; as well as tours for foreigners to attend conferences and event; it involves handling visas, transport and residence.

Open a travel agency in Dubai as a Travel agent

This type of a travel and tourism license in Dubai; you can sell the air tickets outside the country; also you can provide visit visa. Also provide tourist accommodation to his clients, and organize guided tours; as well as transport services to the clients. It almost carry the same type of necessities as that are for other two type of license. But in this license the agent must arrange an NOC. That is on behalf of the Department of civil aviation of the Emirate. To get NOC, a request letter in Arabic must be submitted in the name of the local sponsor. The passport copy as well as family book copy of the local. Also bank guarantee: Dh 100000 bank security in the name of DTCM issued by any bank in Dubai.

Activity Code 630402
License Type: Tourism
Activity Description: It is use for selling air tickets to individuals; as well as to companies on behalf of the authorized agents. The role of these offices is just to reserve seats. Also issuing tickets in co-ordination with the agent; as well as carry out hotel booking and car rental related services.

Note that if you want to take all three activities; for travel agency in Dubai; then total bank guarantee will be Dh 400,000.

Tourism license fee in Dubai

DESCRIPTION	FEE in AED
Initial approval fee;	310
Trade Name Approval as well as Reservation.	660
Labor Card Fee.	2,500
Immigration card fee.	1000
PO Box and as well as Company Stamp Fee.	900
Local Sponsor Fee.	10000
Court Fee.	1500
Licensing fee.	10,000
RERA attestation.	200
NET GRAND TOTAL AED.	27070 AED

Documents required to open a tourism license in Dubai

Application form must be fill
Also passport copy of each of the expat applicant;
Education as well as experience certificate of the Manager. 3 year experience certificate if he or she holds any bachelor degree; or if he or she have any Certificate in Travel and Tourism. 5 year experience certificate if the Manager holds only Secondary Certificate.
The owner and manager of the company will provide clean criminal record certificate.
30 square meter office space also needed for each activity.
Studies about the feasibility of the project.

Dubai Professional License UAE

Last updated on April 6, 2022

Dubai professional license UAE

Dubai is one of the fast rising states in the Middle East. It attracts foreign investor to set up their base in Dubai. That is due to its low tax system; full repatriation of profit as well as capital; and a stable economy. But still some people hesitate due to local sponsor 51% share rule for commercial license. A Dubai professional license allow 100% foreign owner ship. And instead of local sponsor a local service agent is requires to set up a professional services license in Dubai.

Dubai professional license set up is one of the core services which we provide to our client in UAE. Professional license in Dubai require a UAE national; which will act as a local service agent (LSA). He will hold no share in the company; and his role will be to assist in obtaining professional license, visa, labor card etc. There is no minimum capital requirement for a professional company in Dubai.

Dubai professional license

If there is more than one partner in a Dubai professional license then it is called a civil company. It can only perform a professional activity and all the partners must be professional in the same field. A foreign company can be a partner in a Dubai professional license; as long as they are in the same line of activity in home country.

Note that in this type of a license you are not allow to do any sort of trading. Nor you can purchase and as well as sales of goods; Also no room for transport, finance and banking ect. You can perform activity like Artisans, Businessmen Service, and Consultation as well as Training; Computer Graphic Design Services, IT services, printing as well as Publishing; Event Management, security services, typing as well as photocopying; web design, repairing as well as furnishing; document clearing, saloon and as well as spa.

Features of Dubai Professional License

It allow 100% ownership to expat
UAE national will be your local service agent.
The local service agent LSA will not hold any share in the company
LSA will have no direct association in the business.
Local service agents will charge you on annual basis.
Only professional activities are allow in this type of a license.

Documents required for Professional License UAE

Filled form
Passport Copies of all the share holder
Jinsiya copy of Local Partner
No Objection Letter (NOC) from the sponsor; if the expat is already on a employment visa. And UID number is require if the share holder is on a visit visa.
Some activities require initial approval from concerned departments (eg. Municipality, RTA, National Media Council etc.)

What we offer for professional license UAE

We have explained a few think about this type of license. Now it is time to say about what we can offer you for this type of a license. We are able to manage the whole process for professional company formation. It includes strategic inputs and consolidate business plan:

Getting approvals as well as permissions from concern departments
Preparing Partnership agreements as well as MOA
Identify a trusted as well as qualified local service agent
Also we will ssist you in the bank accounts opening
We will also assist you to find a best office space
Handle other documentation formalities

Can I open a Professional License Dubai as a Sole Establishment?

Dubai law state that you can open Professional License in Dubai as a Sole Establishment. The owner can be either an expat or a UAE local person. The Owner of this type of a company can carries the full 100% liability of the company. In this way, it is similar to the rest of the world which place 100% obligation with the owner of the business. Even then, it is a very popular setup of company in Dubai. The reason is very simple; there is no restriction to hire a UAE local sponsor to setup Professional License in Dubai.

What is the difference between Professional License and Civil Company?

If more than one partner involve to open a Professional License in Dubai; then this type of a setup is call a civil company. The civil company structure is truly a partnership in which the shareholders share the full 100% liability of the company. Further along with the ownership feature, a Civil Company is run and operate very similar to the Sole Professional License in Dubai.

Can I open a Professional License in Dubai as a Branch of a Foreign Company?

Yes, mostly people are opening regularly a Professional Licenses in Dubai as a Branch of a Foreign Company. There are many reasons to choose branch for a foreign company for professional license Dubai. But the main reason is that you will be allow to perform all the services freely which the parent company are doing in their base. Also in Dubai and the UAE; there are some strict naming rules for companies. If you wish to bypass these rules, then the way to go is through a Branch of a Foreign Company. UAE law allows a Branch to carry the same name as that of the Foreign Head Office.

Can we setup our Professional License in Dubai free zone?

Yes you can also setup your Professional License in Dubai in one of its many free trade zone; and also in other free trade zone of the UAE. Now the question is why I should open my Professional license in Dubai free zone. The answer is not that much simple; but the only reason for us to choose free zone for your Professional License Dubai; is when the free trade zone offers devoted services for the business; which you are looking to start.

For example, the Dubai Media City is a famous place for media and advertising companies. Similarly Dubai internet city is a famous free zone for software and computer programming as well as internet companies. Since the 100% expat ownership structure is allow to main land companies; if they are forming a Professional License Dubai; there is not much explanation for choosing a Free Zone to form a Professional License in Dubai free zone.

But we will recommend you to take this type of a license within a Free Zone; only if you plan to provide your services to clients outside the UAE. But also note that you are not bond to provide service only outside the UAE; you can also provide services to UAE mainland as well without any restriction. Second most important reason for choosing of free zone is that remove the Headache of LSA. If you are going to start your business with a very low budget; and with one or 2 staff then free zone is a better place for you.

LLC license cancellation Dubai

Last updated on April 8, 2022

LLC license cancellation Dubai

What is LLC license cancellation Dubai?

LLC license cancellation Dubai means company liquidation in Dubai; or it simply means cancellation of the trade license in Dubai. It is the process in which business entity shout down its operation; and the assets and capital of the company is spread among the shareholders. Or another word it is the process of closing company in Dubai.

Closing resources before LLC license cancellation Dubai

First of all in the first place; the most important thing which needs to be close is the company utilities. It is necessary to cancel any utilities under the company use; like cancelling the account with Etisalat or du and DEWA; so that to retrieve your deposits. A large part of LLC license cancellation Dubai deals with final payment for employees. The owners or share holders of the company need to cancel their staff visa; as well as their work permits; if there is any before closing company in Dubai. The staff termination can be done from both immigration and labor. As per UAE labor law; the business owner need to give their staff a 2 month paid or 8 week notice period.

Another most important thing you need to close is the bank account of the company. You will be required to shout down any bank account link with the company; and get an okay latter from the bank. Office or warehouse leases will also need to be close; before closing company in Dubai.

Why we need closing company in Dubai

Company closing in Dubai or cancellation of trade license in Dubai; is very important part of business life cycle. There are three cases where need the Cancellation of trade license in Dubai.

First of all Cancellation of trade license in Dubai or company liquidation in Dubai becomes unavoidable; when a company make a serious offense of the law; or also in case a company commit a fraud and Dubai authority starts inspecting; and catch any dis respect to any rule of the country. In this case they will receive a legal notice; that is for Cancellation of trade license in Dubai. So company needs to be close.

Second case for companies where company need to be close; if their income is less and their expense are very high; or in simple word when they do not have enough funds; another we can say that if their business is not in a row as it should be; to carry on their daily tasks. And they are in a condition where they can’t pay their workers; or they are not capable to shelter their liability. The third case is when a company license is expired; and you do not want to renew that; then you have to close that license. Otherwise you will have a lot of fine.

And by closing company in Dubai we mean to Cancellation of trade license in Dubai. But note that once a license is closes; the same one will not be re-open. For trade license cancellation, you need to submit several documents; and also get approvals from the different gov’t and federal authority; but it depend on the type of business license you are holding.

What we offer for DED license cancellation or LLC license cancellation Dubai

We prepare the company board resolutions
Also we make the legal documents for LLC license cancellation in Dubai
LLC license cancellation application
We assist in finding as well as hiring a Liquidator
A news adds for closing company in Dubai
We also take clearance letter from Etisalat; as well as from DM
Arrange clearance letter from custom dept; as well as from DEWA
We also assist in Bank account closure and Bank NLC
Audit for the financial statements for LLC license cancellation in Dubai
We also assist in employee visa cancellation
Labor card cancellation as well as Immigration card cancellation
Liquidation report preparation as well as submission for DED license cancellation.
Final cancellation letter

How to close LLC Company in Dubai; LLC license cancellation Dubai; LLC cancellation in Dubai

There are two main stages for closing company in Dubai

First Stage:

Termination of all the workers; If there is any one active on a license.
BOD resolution for closure and selection of a liquidator; and it has to be attesting from Notary Public.
A letter from the selected liquidator along with their License Copy; Auditor registration certificate, Authorized signature certificate which is attest from a Notary Public.
Payment of the fees at DED to issue company closing certificate.
Closing ad in 2 local Arabic newspapers for one day; and then we will wait for 45 days; so that to check whether any one has any claim against the company.

Second Stage:

Show the original Ad and final audit report to the DED.
Confirmation of the Liquidator as well as Partners that there is no objection; or claim from the third party during the Ad period.
We will cancel visa of the partners; that is if any valid visa is there on a company license. We will get clearance letter from Ministry of Labor; as well as Immigration, from DEWA also form Etisalat.
Copy of Director Board resolution and copy of liquidation certificate..
Pay fees at DED for LLC license cancellation.

General trade license Dubai

Last updated on March 25, 2022

General trade license Dubai

Dubai is a hub for trader of all over the world. Trading and finance are the two key business activities; which most of the people looking for when thinking for start. A general trade license Dubai is the part of trading activity. And it allows the hold to trade almost every item which is tradable. In fact it is the best form of trading. Because, it will give you power to trade more than one products. But note that it is more expansive than simple trade license; but it is the demand of almost every next person in Dubai. Before going to in detail of general trade license in Dubai; let me tell you some key as well as important information about Dubai trade license.

First of all if you are planning to start your business in the Dubai; then you need a license from free trade zone or from DED in Dubai. DED as well as all of the Dubai free trade zone offer General trade license in Dubai; to allow their customer to do more than one item trading with the same license.

What we offer for general trading license in Dubai

We guide our client in the favorable area selection; that is free trade zone or D.E.D.
We help to find a local sponsor for general trade license in
We provide free initial consultation on the general trade license
Our consultant will guide you in getting yourgeneral trading license in Dubai;
We also provide full PRO service to general trading company.
They will also guide you in the process as well as in documentation.

Type of trade license in Dubai

When we are talking about the trade license; then there are two areas pop up in mind; that is, one is main land and other is free trade zone. Each free zone offer verity of trade license in Dubai; and vary from free zone to free zone. But in main land there are three type of a trade license in Dubai; that is for those who want to start company in Dubai local market. The selection of one of the type depends on the type of activity. All of three trade license allow you to work in a main land area without any hurdle. The three types of a trade license in Dubai are as follows:

Industrial: this type of trade license in Dubai; is for those who are looking to set up industrial operation.
Commercial: this type of a trade license in Dubai; is for those who are looking to set up any kind of local trading of goods.
Professional – this type of trade license in Dubai; is for those who are looking to set up a professional service in Dubai.

General trade license Dubai is fall under the commercial license.

Cost of general trade license in Dubai

Description	Cost in AED
Trade Name Reservation.	660.00
Initial approval fee	310.00
Licensing & registration fee	*28,000.00

Local Sponsor (Emirati) Fee.	10000.00
PO Box and Company Stamp Fee.	900.00
Establishment Card Fee – Ministry of Labor.	2,500.00
Establishment Card Fee – DNRD.	1000.00

Benefits of general trading license in Dubai:

General trade license in Dubai is a 100% tax free from any sort of tax
No capital require for a General Trading license in Dubai
And the best part is that you are free to choose office locations anywhere in Dubai
Simple process to setup trade license in Dubai.
General trading license in Dubai; will allow you 100% repatriation of capital as well as profits
Hassle free legal procedures to get the trade license in Dubai
You can also operate your company from any part of Dubai
It is allow to trade more than one item in one single license.
Easy to get visa for employee

General trade license Dubai

So General trade license dubai will allow you to do more than one item trading. Or another word we can say that it will give you a power of mix type of trading. Like you can trade in general trade license in Dubai; that is a health product, a food item, a cosmetic items, a metal material trading; as well as dry fruits etc. there much more item which you can trade in general trade license. Our Business Setup Consultants will provide you a complete list of item allow; that is in general trade license in Dubai.

Our Other Services: | business setup in Ajman free zone | RAK offshore company formation |

LLC Dubai

Last updated on March 24, 2022

LLC Dubai, LLC company formation in Dubai

LLC Dubai stands for Limited Liability Company in Dubai. It is the most common form of company in Dubai. We are Dubai LLC Company registration consultants serving local as well as international businesses. Our LLC company formation in Dubai experts; are aware of all the legal structure as well as rules of LLC Dubai. We reduce your set up cost and save your valuable time. We are one stop solution for all sorts of LLC company setup services.

What we offer for LLC registration Dubai?

As we mention that we are the expert of LLC company formation in Dubai. So we offer the following services for LLC registration Dubai.

First of all in the first place; we offer our fast services for getting name approvals for LLC Dubai.
We offer our fast services for getting Initial approval for llc company setup Dubai.
Our team will also guide you in the selection of activity for your LLC Dubai.
We provide local sponsor for LLC company formation in Dubai.
MOA for LLC company registration in Dubai;
Our services also include to find a nice office for LLC company in Dubai.
Last but not the least; we offer PRO service’s for LLC company in Dubai.
Our HR team can also help you in the hiring process.

Local sponsor for an LLC company formation in Dubai

If you decide to go with LLC company formation in Dubai; then you may be aware that all the LLC company formation in Dubai is requires a local partner. Which is also called Local sponsor.
In an LLC Dubai local will owns at least 51% of the share. And an expat will own 49% of the share. But this 51% share can be secure with side agreement.
Also be careful in taking a local sponsor as he will hold a major part of the share.
But you do not need to worry about this thing; our sponsors are very reliable and trust worthy local people. They will not make any problem for you.
We have a team of expert people; as well as a group of trust worthy local sponsors.
As a part of a UAE law every local cannot sponsor every activity. There are special sponsor for special type of activity. Like an engineer require for engineering LLC Dubai; a doctor which is require for clinic as well as hospital; also a RERA attested sponsor for real estate llc; a lawyers require for a law firm and auditors require for an audit firm.
Luckily we have a panel of all these type of sponsors; they have reputable family back grounds; as well as holding high rank positions in gov’t sector.
We will also make sure that we will be a bridge between sponsors and expat investors.

Benefits of LLC company formation

LLC Dubai allow you to do local trade as well as local services
0 capital requirements to setup and LLC company in Dubai.
The most popular as well as the most common form of setting a company is an LLC Dubai
Its offers supreme access to the wider range of UAE economy
The investor can get the investor visa without a security deposit in LLC Dubai
In LLC Company formation, no involvement of local partner in day to day activities
Let me tell you a key fact of the LLC company formation; that is you can have the option to launch branches in any emirate.
LLC Company formation is allow to open corporate bank accounts.
It also allow to avail credit facilities
Warehouse and office facilities can be avail in LLC formation in Dubai.

Key question about LLC Company Formation Dubai

Tell now we have discus a lot of thing about LLC; that is,

what is an LLC;
why it is so common.
what are the share distribution.
what we can offer for an LLC formation;
Also we have discus what are the benefits of an LLC.

Now it is time to answer some common question; which always our client ask about an LLC Dubai. Following are the main key fact about LLC Dubai

How many shareholders are requires to setup an LLC company in Dubai?

LLC company setup in Dubai is very flexible type of company setup. LLC Dubai must have shareholders between 2 to 50. Each shareholder in an LLC is liable up to the extent of his or her share capital in the company.

How many managers are allowing in an LLC company in Dubai?

A Dubai LLC company should appoint at least one manager and maximum five managers. A shareholder can also be a manager. Under the MOA of an LLC Dubai the manager has full powers for management of dubai llc. The power of the manager depends on the MOA.

What are the share percentage of local and expat in LLC Dubai?

In Dubai LLC company local will hold a major part of the company; that is 51% and expat will get only 49% share of an llc Dubai.

What kind of activity I can perform in a Dubai LLC company?

You can conduct industrial; as well as commercial activities in Dubai LLC Company. But note that you cannot perform professional activities; except few activities like banking, insurance or investment. Dubai LLC company is not allows to do legal consultancy, auditing of financial statements; also accountancy and other type of consulting service.

How I can select a name for LLC company Dubai?

The name of an LLC Dubai company should be the same as the Dubai trade license activity; or it will contain the names of one or more of its shareholder. The suffix “Limited Liability Company” should be added to the Dubai LLC company.

What are the share percentage GCC national in Dubai LLC Company?

GCC nationals are allow to hold 100% share of the Dubai LLC Company. But note that if GCC national has an expat person then they needs a UAE local; he will hold 51% of share and the remaining 49%; will be share among the expat and GCC national.

Meydan free zone company formation

Last updated on March 23, 2022

Meydan free zone company formation

Meydan free zone is ideally located in the heart of Dubai, which is close to Dubai downtown. It is one of the free zones that offer cost-effective business setup solution in Dubai. Meydan free zone encourages a lot of investors; that is from all over the world for business setup in Meydan Free Zone. It offers full free zone incentives such as 100% ownership; no taxation, no currency restrictions, also possibility of hiring foreign labor; high speed internet and there is no duty tax impose on import as well as export. Meydan Free Zone offers only flexi desk option; which is very convenient for those who do not require a physical office for their business.

Meydan Stadium, in which Meydan Free Zone is based; It is one of the best strategic creativity of the Dubai govt. The aim of this free zone is connect the world with way of hosting international horse racing events. Moreover, the Meydan project consist of not only Meydan Stadium or Meydan Free Zone; but also includes wide range of commercial developments, sports, hotels; entertainment and also some fun facilities, a series of state of the art business parks, hospitals; and also world class schools, residential villa; business towers with luxury water front developments as well as shopping destinations.

Advantages of company formation in Meydan free zone

Dubai is facilitated by the state government by easy registration of your business. Further, the new investors are also offered several benefits in this particular free zone.

Easy to setup business in Meydan free zone
Investors are given the permission to operate their business through a Flexi desk.
Premium location for your business setup.
Guaranteed 100% repatriation of invested capital and profits gained.
Guaranteed 100% ownership of the business both for individuals and corporate entities.
Extremely secure business environment.
Premier location for new business locating to Dubai
Seamless and efficient licensing and registration procedure.
Strategic location near Mohammed Bin Rashid Al Makhtoum City, close proximity to the Dubai Logistics Corridor.
Secure regulated environment.
Very competent licensing and registration procedure.

License Types offered by Meydan freezone company

Meydan Free zone offers different type of activity; that is, commercial, consultancy as well as media license.

Consulting license allow to carry on consulting activity; such as Management, Business, Human resources consultancy and other professional services.
Commercial license allows import as well as export; trading as well as distribution of different types of goods. Please note that as of now Meydan Free zone does not offer warehouse space.
Media license includes all kinds of media, advertising and communication services.

Meydan Free Zone is an ideal solution for freelancers or for small start ups; as it offers very competitive licensing options. It can also be an ideal solution for those; who would like to establish a business in the vicinity of Dubai downtown.

What we offer for Meydan Free Zone company formation

We can help you to get your license as well as help you to select the correct legal entities
Our consultant will help you in shareholding structure as well as in the process
Guidance in the selection of your Dubai free zone company formation name; as there are several restrictions in Meydan free zone Dubai.
We will help you to define your share structure
We can also assist you to auditing process
Attainment of facilities
Capital investment
Company structure as well as Visa matters
State government laws and regulation in the Meydan freezone
Driving license issuance and other such services.

All these services can be attained at a market competitive price. All you need to do is to contact us and give your input. The rest would be sorted out by our team of business advisers; who have years of experience in dealing with such business services.

Characteristics of Meydan Free Zone

Type of licenses: Consultancy license, media license and also commercial license

Legal entity: Sole establishment, LLC company; and also branch of a foreign company are allow in Meydan free zone.

Type of director: Only individual director are allow in meydan free zone.

Type of Share: No bearer share are allow in this free zone. All shares must be fully paid when allocated. No different classes of shares allowed in Meydan free zone company.

Number of Shareholders: One Shareholder minimum for a Meydan company, maximum of 7. A minimum of one director is required. You can be a partner/shareholder in multiple companies.

Audit: The Meydan free zone company shall appoint an auditor and file annual accounts as may be requested the authorities.

Share capital: The minimum share capital for a new Company and Subsidiary is AED 100,000 per company. Also note that branches are exempt from the requirement of additional share capital.

Manager: Every Meydan free zone company shall have a manager who must also be under the company’s visa. It should also be a natural person and his name shall be on license.

Presence: The shareholder has to be physically present either himself or through an attorney at the Free Zone.

Restrictions on name: Meydan free zone company name must end with the word “LLC FZ”. Location names and religious words are prohibited.

Visa eligibility: Meydan free zone company is eligible for 2 visas only. No Investor Visa Category Available

Facilities offered: Meydan free zone company only operate with Flexi desk

Other services: Driving License and other functions need to be applied from Dubai Government Departments.

Documents required for Meydan free zone company setup

Individual Shareholder

Application forms duly signed by the authorized signatory.
3 Year Business Plan
Passport and visa copy of shareholders/directors/manager
CV of shareholder (s) / directors / manager
Original Bank reference letter or 6 month bank statement (stamped)

Corporate Shareholder

Applications forms duly signed by the authorized signatory.
Audited Financial Report
Company brochure / profile
You also need to provide a 3 year business plan
Letter from the shareholding company for the appointment of a Manager.
Board Resolution calling for the establishment of a Meydan Free Zone company, attachment of Specimen Signature; Passport copy as well as a power of attorney for Manager, Director & Secretary.
Certificate of Incorporation or certificate of good standing of the mother company; Memorandum as well as Articles of Association of the parent company.

Documents Required For Establishing A Branch Company

Application forms duly signed by the authorized signatory.
Board Resolution calling for the establishment a branch in Meydan Free Zone and guarantee full financial commitment.
Company license or Certificate of good standing, Memorandum as well as Articles of Association of the Mother Company; Specimen Signature, a passport copy as well as power of attorney for manager and directors.
You also need to submit a 3 year business plan to meydan free zone.
Letter from the parent company for the appointment of Manager.
Company brochure or a profile

Cost of Meydan free zone company formation

The Meydan free zone company formation cost is AED 21,020. This includes first year’s license fee, the company registration charges; also a certificate of incorporation, Name reservation; MOA as well as articles of association (also if the company only has one shareholder).

In addition, you need a desk space in the free zone for each and every visa. The annual fee for leasing a desk is 6,000. This will be a share desk inside a free zone; and also note that it can be only use for 4 hour in a week. The company needs to open a file with the immigration department. Fee is 520 for establishment card.

The total 1^st year’s fee is 27,540.

The annual fee for renewal of the trade license is 15,000. Together with the admin desk lease; and also the annual renewal of the establishment card, the total annual charges are 21,500.

Meydan Free Zone currently not offering physical office; because it only promote Flexi Desk facility in a standard cost as above. So visa eligibility depend on the business plan of the company and on the approval of the authority.

Dubai Design District free zone

Last updated on March 22, 2022

Dubai Design District free zone is the latest addition to Dubai free zones. D3 free zone was launch in 2013 by the UAE Prime Minister and Ruler of Dubai; Sheikh Mohamed bin Rashid al Maktoum. The vision behind launching Dubai Design District free zone is to build; a tailor made design hub that would develop emerging local talent; as well as provide a home for the county creative thinkers.

Many of the world creative hubs have grown organically over many years; the result of developing fashions and cultural trends. The creators of the Middle East design district are undertaking an ambitious; as well as innovative approach to creating a regional center for creative design. From the ground up, Dubai Design District free zone has evolved to become the primary destination; that is for creative from all over the Middle East; and it is still evolving.

D3 free zone (Dubai Design District free zone) offer a choice of operating either as a free zone entity; or as an onshore business. Each set up has its own merits and our team will be able to talk; that is about which way forward might be best suite to your needs. D3 free zone also provide freelance permits; so that talented and ambitious young artists and designers can get a foothold; that is on the commercial ladder and work in an environment that reflects their needs. The physical spaces at d3 free zone are design to provide this kind of flexibility.

Dubai Design District free zone

For the thousands of artists, fashion designers and creative minds across the region; there has been a desperate need for a real, living community. A community that provides space, collaboration and opportunities for our regions designers; and that also attracts exceptional talent from across the globe.

Dubai Design District free zone, d3 free zone, has been carefully develop; that is to provide a creative ecosystem that surpass the expectations of a typical creative neighborhood. It has its own beating heart; its own spirit and its own very personal style. This is a place where bohemians can live, work and play. Where aspiring designers can cut their teeth and learn their trade; where local talent can work alongside international design, art and fashion houses. It is, at its heart, a place where creative minds can come together to realize their dreams.

Dubai Design District free zone License OR D3 free zone License

We have discuss a lot of thing about D3 free trade zone. Now its time to say some thing about the license of D3 free trade zone. Free zone license is the choice of those who wish to retain 100% ownership. Operating with a Free zone license also means that; you have the freedom to work within the zone. There are a number of different types of D3 Free zone licenses; each these license offer 0% tax as well as full repatriation of profits:

Free Zone Limited Liability Company (FZ LLC)
Branch of a UAE company
Branch of a foreign company
Freelance permit

All Free zone licenses come under either a commercial license or a freelance permit. Commercial licenses can either be a Free zone LLC; or a Branch Company (a branch of either an existing UAE company or a foreign company). Freelance permit enable individuals to work as a sole proprietor for the specified activity.

D3 free zone FZ LLC

This is a special type of a license with the following main key point.

It is an independent legal entity; with 100% ownership to an expat.
For FZ LLC there is no tax; that is 0% corporate tax as well as income 0% tax.
Ability to repatriate capital as well as profits
At this time let me clear this that FZ LLC; can only operate within the Free zone itself.
Must have at least one Director
A minimum capital requirement for incorporation is required

Branch of a foreign company in Dubai design District free zone

This type of a license allow foreign company to operate in the free zone; with the same activity which the parent company have. Following are the main key point of this type of a license.

No share capital requires for this type of entity.
There is no tax; that is 0% corporate tax as well as 0% income tax
It also allow a foreign company to replicate his business in this free zone.
Conducts all or some of the operations inherent in the parent’s business

Branch of a UAE company in Dubai design District free zone

51% locally own
No share capital require for this type of entity.
There is no tax; that is 0% corporate tax as well as 0% income tax
Not a separate legal entity from its parent
Conducts all or some of the operations inherent in the parent’s business

Freelance license in D3 free zone

Offers the ability to operate as a freelance professional
Identified as a sole practitioner
Enables practitioner to conduct business under birth name as oppose to a brand name

Salient Features of Dubai Design District free zone:

Location: the main feature of D3 free zone is the location. It is in the heart of the Dubai city; which is very near to business Bay. It is 6 minute away from the DIFC free zone; as well as 3 minute away from the Dubai Mall; and 65 million annual visitors. It is also a 15 minute away from the Dubai Airport. 18 minutes from the city’s Dubai Media City and Dubai Internet City clusters.
Company formation in D3: Dubai Technology & Media Free Zone Authority (DTMFZA) is responsible for the setup of companies in Dubai Design District. There are 6 easy steps to setting up your Free Zone FZ-LLC; and there are only 4 steps for a Branch Company.
Regulatory Value: The District falls under an independent; and business also offer friendly regulatory scheme under the DTMFZA. D3 free zone is also very near to the Business Bay area of Dubai. So it mainly focus on fashion, design and luxury sectors. 100% foreign owner ship; as well as a legal frame work that encourages new start up; also an integrated service, and full repatriation of profits as well as capital.
Mainland license: Unlike other free zones; it is quite possible to setup as well as operate at d3 free zone with onshore license. Onshore d3 free zone company has more flexibility in terms of territorial coverage; as they can also do business out side of the free zone area as well. At the same time they can be part of the unique d3 free zone community. However, you need to be aware that onshore license must be issue from DED directly; and you also need to have a local partner or sponsor.

Our D3 free zone company formation services include:

First of all in the first place, let me tell you that we advise on the most cost effective; as well as suitable license package in Dubai Design District free zone.
We also assist with obtaining residency visas; as well as work permits after your company formation in Dubai Design District free zone
Also setup of your company branch; as well as subsidiary in Dubai Design District free zone
At this point let me tell you one more service; which we offer for D3 free zone; that is, Assistance with opening bank accounts for your Dubai Design District free zone company
We also assist with all other start up and legal requirements

D3 free zone set up cost:

Description	Fees (in AED)
License Fee:	15,000
Registration:	3,510
Office space categories:	110 per sq/ft to 165 per sq/ft
Office deposit	Equal to three months’ rent.

Our Other Services: | RAK free zone company setup | RAK offshore company |

Company formation uae

Last updated on March 21, 2022

Company formation uae

UAE is a business hub. Its commercial capital is Dubai, offers easy access to the 1.5 billion consumer markets; which is place in neighboring Middle East countries Africa; also in CIS countries, Eastern Europe, as well as the West Asia. Dubai is one of the famous state of the UAE; people are coming from all over the world for company formation uae; because of the favorable economy, flexible structure and tax exemption; as well as versatile free trade zone and lots of business opportunities.

However, in this article we will not discuss all these factor. We will only highlight the top business opportunities for company setup in uae.

Well, running a business is definitely not for everyone; whether you are setting up in Dubai, Qatar, Saudi Arabia, etc. If you have lack of guts, initiative as well as passion to run a business; you will never succeed regardless of where ever you find yourself.

Why company setup in uae

First of all in the first place; let me tell you that the govt of UAE has a long term plan; that emphasis deeply on rising company formation uae. In this way, their economy will be boast for years. They have business laws that are really favorable. The tax free environment is ideal for new as well as emerging business.
Another reason why company setup in uae; is that UAE also offers a productive ground for business. That is, tax free plate form. Only three sectors are significantly assess in taxation. That is oil, banking, and tobacco processing.
Also note that company formation in uae is very easy. With forward thinking and progressive policies of the govt of UAE; encourage foreign investors to invest in the oil rich country.
There are many free trade zone in uae; and that is why commerce and trade is at its peak in uae. Also people come from all over the world to shop in uae; simply because they want to get cheaper goods here.
UAE is one of the top most starting point for business setup; and investors from all over the word love to start their business in UAE. The govt policy and the state of the art infrastructures support the growth of small business; as well as large corporations. Company set up in UAE are not just open to the citizens of UAE; but also to expat investor as well. As a matter of fact, the expat investors are encourage in to UAE; because the presence of foreign business is a major knock to the economy of Dubai.

Top 18 small business opportunities in UAE

So if you are looking to invest in UAE; then read this article carefully which is about company formation in uae; to know the best markets to invest in. Without wasting a time, below are the top 18 business opportunities in UAE. It will guarantee investors quick returns and long term profit:

Financial services company formation uae

Financial services is a strong option for company formation uae; because there are many large scale businesses in the UAE; which consistently demand for professionals that offer financial services. Such as bookkeepers, accountants, and auditors. If you have a solid background in any of these financial specialties. Then you will make lots of profit by starting a business that offers financial services to businesses in the UAE.

Tourism company formation uae

Another option of company formation uae is tourism; as UAE is one of the world’s most prefer vacation destinations. And this explains why there are many five star hotels in the UAE. UAE hosts several thousands of visitors every year; and this opens a big room for businesses that provide support to tourists in one way or another.

Construction company formation uae

First off all in the first place, New buildings are creates in the UAE with each passing day. This opens a big door for engineers and other professionals; in the building as well as in road construction sector. And similarly, investors can setup company in uae that produce; or sell raw materials used in building and construction.

Company setup in uae in Energy sector

Another option of company setup in uae is Energy sector; although there are enough players in the UAE in the energy sector. But there are still a lot of opportunities in this area; that help to maintain the various energy generation facilities available in the country. So, if you are looking to invest in the UAE, energy sector is one option you should consider; if you have the expertise as well as the capital.

Company setup uae in Job Agencies

Another good business in uae is job agencies specifically for skill laborers. With a fast growing economy, a lot of skill employees are need to keep industries in various sectors going. The country is in terrible need of IT experts, engineers, nurses, accountants and construction personnel among many others.

Company formation in uae in Trading

Trading company setup in UAE is a profitable business; as Traders from around the world usually meet in UAE to exchange goods as well as services. The phrase “imports as well as exports” is very common since the people main source of income is from trading. You can import or export any products such as dried fruits, fashion materials, textiles, accessories, plastic goods, and vehicles.

Company setup uae in Oil and gas field

Oil and Gas is a valuable option for company setup uae. This has been the backbone of the country’s economy for several years. And much of the economy of UAE is depend on oil and gas sector. Regardless of being demoralize for years, the oil sector still has enough room to accommodate new investors. Interested entrepreneurs can start their own businesses from scratch or partner with existing companies.

Business Franchises Company formation in uae

Business franchising is a new concept in UAE. Due to a huge expat population as well as mix preferences of the people living here; this concept is working really well for some years now. You can get a business franchise in the fast food industry; as this is one of the fastest growing industries in UAE.

Foods and snacks business set up

As men can not live without food. So food businesses thrive every where and at all time. And the UAE is not an exception to this fact. There is always a high demand for foods and snacks. So, you can make lots of cash in the UAE by starting a business that sells fast foods and snacks.

Company setup in uae (Travel Agency)

Since UAE is one of the most important tourist destinations in the world; So setup business in travel agency is a good business to start. Millions of tourists will be going to and from UAE annually. The total population of the place is also pack with expats from various countries. So this is also a good business to start.

Health care Company setup in UAE

Health care is another option for company formation in uae. Like in other develop countries, the people of UAE are also health conscious; and they show great concern for their health. This style has led to an increase in the request for health care service providers; as well as heath care facilities. If you are a health care professional looking to start a private business; then UAE is a very good place to establish it in.

Company setup uae in Jewelry Making and Retailing

As we all know that uae is known all over the world as the “Mecca of Gold”. Almost in every state of UAE there are gold market. You can setup shop as either as a jewelry maker, bead maker or jewelry merchant.

Company setup in uae in Security sector

Even though there are less security worries in the UAE; than we have in most other part of the world. But all this possible because there are allot of security companies; and every sector of the state are secure with high security. Because no one are taking chances with their assets. This has led to an increase in demand for security guard as well as security devices.

If you do not have what it takes to setup a business that concentrates private security services; you can still make money in the security sector by selling security devices; such as alarm systems and as well as surveillance cameras.

Company formation in uae (Specialty Schools)

At this point let me tell you one more key opportunity; that is schools. Since UAE is full of expats of many nationalities, specialty schools are the main demand. You can think of any kind of granular specialty school and make some money out of it. This is a business opportunity that you can consider now.

Company formation uae in Transport sector

There are a lot of opportunities in the transport sector because of the ever-high call for transport services. Investors have the option to start a local taxi service or a trans-city transport services business.

Company setup in uae in Childcare Facilities

At this point let me tell you one more key opportunity; most of the population in Dubai are working class professionals. Now when both husband and wife are working professionals; they usually turn to a baby sitting facility to care for their babies. You may consider on this one, too.

UAE company formation in Environment sector

First of all in the first place, Due to the fast growth in the UAE; various activities such as construction and industrialization are producing vast damage to the environment. And the people are becoming more aware of the benefits of protecting their environment. So, there is a big opportunity in the UAE for green living scheme; as well as businesses that offer various environment protection services such as waste recycling.

Real Estate UAE company formation

UAE was once a desert but not anymore. Believe it or not, real estate is one of the largest industries in the country. A lot of investors are looking to invest in real estate business. Construction firms often race for projects in several segments including industrial, housing, and logistics among other construction project categories.

Our Other Services: | business setup in Ajman free zone | RAK offshore company formation |

How to setup company in UAE?

Finally it is time to move to setup company in UAE. At this stage let me tell you one main key point; or you can say one key point which you need to keep in mind. And also i think it will work to see the whole process of a company setup in UAE; and show the entire thing in clear way; that is the easy way to setup a company in UAE is to get in touch with us. You can do this in two ways. First you can use website live chat button. So that to start chats with a specialist. Second way is that, you can Click Here to place a call back request.

Dubai south free zone

Last updated on March 20, 2022

Dubai south free zone to be found as the world’s first purpose built free zone. Dubai South free zone is a tactical initiative of the Dubai Government; that places the emirate as a leading logistics as well as a trade center. Dubai South free zone is tactically connect to the Jebel Ali Port; which is (the largest container port between Singapore and Rotterdam); and Al Maktoum International Airport via the devoted Logistics Access strip. This Strip forms a single custom bond sector and enables one of the world’s wildest flows; that is in terms of air to sea and sea to air cargo. Dubai South Free Zone Company provides direct access to Tran road networks. Emirates Road and the Dubai By Pass which makes it a true multi modal logistics platform; which provide a record levels of connectivity, speed and efficiency.

The Dubai South free zone also includes Al Maktum International Airport; which once complete will have the capability to handle 12 million tons of annual cargo; and as well as 160 million passengers. This makes Dubai South free zone an exceptional multi modal project; that supports a number of activities in aviation, humanitarian; commercial, logistics, exhibition, residential and leisure businesses.

Logistics Corridor

First off all in the first place; Dubai South free zone further strengthens Dubai; that is in term of a trade and logistics hub in the region. The Dubai south free zone also has access to the largest sea port; that is of Jebel Ali and perfectly links the port to Al Maktoum Airport through the Dubai Logistics Corridor. So, this allows the direct drive of goods; that is between the sea port and the air port in a single custom bond zone.

Airport City

Today’s businesses require faster operations, delivery and high level of connectivity. This as a result increases the demand for air transport; to the point that 35% of world trade now depends on it. Such percentage is continuously increasing. In fact in business world, an airport plays a role of an economic catalyst. With a mission to form the aerotropolis model; Al Maktum Airport and Airport City of Dubai South free zone have been designe; that is with forward thinking master plan that creates the frame work for Dubai’s economic future.

Dubai South free zone the City of You

First of all in the first place; Dubai South the City of You is an emerging 145 square kilo meter master plan city; which is base on happiness of the individual. Which also known as the emirate flagship urban project; Dubai South free zone is fix on the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum; Vice President and Prime Minister of the UAE and Ruler of Dubai. The royal vision is imitated in the themes of Dubai Plan 2021; which apply to Dubai South as follows:

To create an inclusive and cohesive society
To become a City of happy, creative and empowered people
Build a smart and sustainable City,
To become the preferred place to live, work and invest
Become a pivotal hub in the global economy

License Types available for Dubai South freezone

Industrial License: this kind of license is use for light manufacturing activities.
Logistics License; this kind of license is only issue in the Logistics District; that is for logistics services.
Trading & General Trading License: For import; export, distribution and storage of specific products specified in the License; and also sale of the products within the UAE market through a local distributor.
Service License: For services specified in the License within the Dubai south freezone and elsewhere in the UAE.
Education License: this kind of license is use for educational and social services; educational and training, and educational consultancy services.

Dubai South freezone offers a Flexi desk Facility that gives the investor the eligibility to obtain up to Two Visas.

Our Other Services: | Company formation in dubai | PRO Services in dubai | UAE offshore company |

Advantages of Dubai south free zone company formation

Till this point we explain a lot of thing about Dubai south free zone. That is, what is a Dubai south free zone; what is the main type of license in Dubai south free zone; why also we need to set up business in Dubai south free zone. So it is time to say some thing about the benefit of Dubai south free zone company.

100% tax free operations for Dubai south free trade zone.
Full foreign owner ship
100% repatriation of capital as well as profits is allow in Dubai south freezone.
At this point let me tell you one more benefit; for which clients are very keen for Dubai south free zone. Or you can say one more strong point which you need to keep in mind. And I think it is the most key point for free trade zone. That is 0% tax as well as no duty tax for import and export.
flexible commercial lease terms
wide range of business activities are available free zone clients.
Also minimum documentation to setup a company in Dubai south free trade zone.
A direct access to Jebel Ali Sea Port and also to Al Maktoum Airport
No proof of share capital as well as no currency restrictions
Competitive rates for set up company in Dubai south free zone.
State of the art facilities