Company Formation in UAE Archives - AURION Mon, 24 Mar 2025 08:32:24 +0000 en-GB hourly 1 https://wordpress.org/?v=6.6.2 What is a Trading License in Dubai? https://www.dubaifreezonecompany.com/blog/2025/03/18/what-is-a-trading-license-in-dubai/ Tue, 18 Mar 2025 11:05:52 +0000 https://www.dubaifreezonecompany.com/blog/?p=3619 Thinking of forming a company in the UAE? Well then obtaining a Trade or Business license will be your first and foremost step. It is a well-known fact that Dubai provides a booming business environment with extraordinary trading opportunities, which welcomes entrepreneurs from all over the world. Getting a Trade license may seem like a complex procedure, but nothing should...

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Thinking of forming a company in the UAE? Well then obtaining a Trade or Business license will be your first and foremost step. It is a well-known fact that Dubai provides a booming business environment with extraordinary trading opportunities, which welcomes entrepreneurs from all over the world. Getting a Trade license may seem like a complex procedure, but nothing should come in the way of turning your dream ventures into reality.

Let us guide you through it.

Trade license (What & Why) ?

A legal authorization is necessary to run any company. And each country has its own laws regarding trading and its own jurisdiction to further avoid any issues.

Trading License in Dubai

Hence, a trade license in the UAE is a must to start any commercial activity for an individual or entity. With this the company ensures to hold complete accountability to all its actions as per the terms of the trade licence and gives them a legitimate identity. 

Who issues it?

The Department of Economic Development (DED) and Free Trade Zones in the UAE are the licensing authorities that issue the trade license.

Trade License Validity

Businesses hold a 1 year licence and keep renewing it.  In Free Zones, there are Multi-Year Trade Licenses available. And yes, any delays in renewing the trade license, there will be notification from the trade license authority to complete the process on time.

Anyhow, there is a 30 days grace period for renewing the Trade License. Don’t worry we are here to assist you for the renewal too!

Time taken to receive the trade license

It basically depends upon your business plan and the clarity of your documentation. For an estimate it takes around three days to four weeks to get your Trade License.

Types of Trade Licenses in Dubai.

➔    Professional License

This allows you to get a license for professional services such as law firms, consultancy, finance and accounting.

➔    Commercial License

Companies can engage in buying or selling goods, for example, different forms of trading, it can be either retail or wholesale.

➔    Industrial License

It involves providing licenses to companies that do industrial activities, like producing, fabricating and segregation of products.

➔    General Trading License

It is slightly different from the normal trading licenses as a General trading license allows the company in a vast trade activity and gives the privilege to trade virtually any goods. But it does come with a slight limitation as it does not guarantee the right to trade goods like cars, alcohol, medical products, and weaponry.

➔    E-Commerce License

This license is very important for companies who sell goods or provide online services via the internet.

ecommerce trading license
  • Hence, each license is only limited to ten business activities except a General Trading license that allows the businesses to trade in different varieties of commercial activities.

Trade Licenses in UAE Jurisdiction

1. Mainland Trade License

The Mainland Trade License is issued by the Department of Economic Development (DED). This license entitles a company or an individual to start their business in the local markets of any Emirate in the UAE. The license also guarantees your company a smooth flow of goods in and out of UAE by setting up large warehouses in the industrial areas. It also ensures the Expatriate investors to have a 100% share of the Mainland company. If you are thinking of expanding your venture in Dubai then do grab this opportunity.

2. Free Zone Trade License

Freezone Trade License is only provided to begin business activities in specific demographic locations that perform preset business activities in UAE. So if you’re wishing to start up your business in these specific locations then you require a UAE Freezone Trade License. And you have to keep in mind these licenses are limited to specific kinds of businesses.

3. Offshore Trade License

Offshore Trade License are issued from approved license authorities like JAFZA, RAKEZ, and AFZA. When Corporate firms want to extend their business, outside their registered jurisdiction for operational needs they could apply for an Offshore Trade License.

Offshore Trade License

In a country like UAE, if you are planning to expand then you could enjoy the benefits of saving up tax, investing in the vast real estate field and also  enjoy the ownership rights of an Offshore company. Benefits come with regulations, thus your company will be considered as a non-resident company without office space in the UAE.

How to apply for a Trade License

  • Pick A Business Activity: The nature of your business allows you to opt for the right trade license.
  • Select Jurisdiction: Select the demographic location or an Emirate which you are willing to set up a firm.
  • Documentation: Passport copies, Business plans, Visa copy of the investor and manager, Tenancy Agreement, Three Name choices for the company name reservation, Educational certificates ( some cases).
  • Fee Amount: Amount of the fee depends upon the Jurisdiction and the type of license you are applying for.
  • MOA or LSA: Prepare a Memorandum of Association or MOA or LSA with the local sponsor if it’s a  professional type of license
  • Approval and Issuance: On the approval of your submitted application ,you will be given the applied Trade license. It will permit you to legally begin your business operations.

Payment Estimate For Trade License

To provide an estimate excluding the visa expenditure and other expenses of your business activity, a Trade license in Dubai costs between AED 12,750 to AED 30,000. Additionally, to be specific the cost of a Trade License in Dubai mainland is around AED 18, 000 to AED 27, 000. Furthermore, the cost of the Trade license in Dubai Freezone ranges from AED 5,750 to AED 30,000. Also, to get a more accurate cost of your Trade License, please feel free to contact our team.

Benefits of Acquiring A Trade License

  • Tax Benefits: Dubai is all about creating more revenue from your business, there isn’t personal or corporate taxes. You can file your tax returns separately after acquiring your Trade license; it ensures you the maximum benefit.
  • Business Credibility: Acquiring a Trade license increases your chances of getting more customers, stakeholder and also investors as the license escalates the credibility of your business.
  • Access to Government support: The UAE government promotes entrepreneurs to invest as they provide a hassle free and supportive business environment, which is very evident as you see  brisk growth of the UAE economy.

How will AURION pitch in with getting you a Trade License ?

Our consultants will give you a thorough briefing into the terms and regulation regarding Trade licenses in the area in which you would like to begin your dream project. We are here to assist you in whichever Jurisdiction you may prefer.

Our team will be assisting you with each and every stage of your documentation process, may it be for a new license or renewal. We are here for you.

AURION will try its best to provide you the Trade license by  approaching a cost effective process and always give you and your company the needed follow up and support.

Feel free to connect with our team, always here for your service.

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Most Profitable Business in UAE https://www.dubaifreezonecompany.com/blog/2025/01/28/most-profitable-business-in-uae/ Tue, 28 Jan 2025 07:37:48 +0000 https://www.dubaifreezonecompany.com/blog/?p=3593 UAE is a hub for startups and new businesses. Several business activities are most profitable in the UAE. This article highlights the most profitable business that investors can start in the UAE. There are various aspects to consider when looking at profitable companies in the UAE. The initial business setup cost is an aspect that some companies consider reducing the...

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UAE is a hub for startups and new businesses. Several business activities are most profitable in the UAE. This article highlights the most profitable business that investors can start in the UAE. There are various aspects to consider when looking at profitable companies in the UAE.

The initial business setup cost is an aspect that some companies consider reducing the overall cost. For some companies looking to scale up, investing in profitable businesses in the UAE is a perfect choice.  Such companies will be able to gain maximum revenue with minimum investment.

Also, there are a host of profitable businesses in the UAE that will help investors earn substantial revenue. The business profitability is a result of many factors such as productivity, employee retention, and lower business setup costs. Increase in revenue and more.

Most Profitable Businesses in the UAE

There are many ways a business can become profitable in the UAE. Investors can keep the cost low by initially opting for a virtual company and not leasing an office space.

Several business activities can scale up without having an office space. Choosing the right business activity will help in reducing the overall cost of the company investment.

Most Profitable Business in UAE

Following are a few business activities that are profitable business in UAE. Additionally, these most profitable businesses will help in acquiring higher revenue for the services provided. There are many options to keep the overall cost low and in this article, we will run through the most profitable business to start at low cost.

Real Estate Brokerage

Real Estate Brokerage does not require large office space or workforce to start initially. In Dubai to start a Real Estate Brokerage company is a hugely profitable business. The real estate segment in UAE is at its peak and expected to further rise to new levels.

There is an enormous demand for the real estate market in Dubai and many investors would like to finance their property through banks, financial houses, or from the developer directly. Real estate brokers will help in facilitating the property buying and documentation.

General Trading

A general trading company is a profitable business in the UAE and requires minimum infrastructure. You can easily sell multiple items in UAE as there is a large addressable market. Investors can easily set up a trading company and obtain a trading license in the UAE at a minimum cost.

IT Consulting

IT Consulting is another profitable business to start in Dubai without much expense. There is no requirement to have a physical office space for an IT Consulting company. Most of the work happens remotely.

Influencer Marketing is a popular business category that entrepreneurs can easily manage within the comfort of their homes.

HR Consultancy

HR Consultancy is another profitable business that an investor can operate remotely. There is no requirement for an office for an HR Consultancy.

eCommerce Online Store

The eCommerce Online Store is another popular business that can be very profitable in Dubai. There is a large addressable population in the UAE. Also, online shopping is a day-to-day activity for most residents in the UAE.

Life Coaching

Life Coaching is a profitable business in the UAE. It helps is guiding individuals to progress well in their life. There are various categories of life coaching such as personal grooming, counselling sessions, career advice, life lessons, wellness, and more.

Most Profitable Business in Dubai

EdTech – Education Technology

Education and Technology are very much interlinked. There are several opportunities in the Edtech segment. It is again a profitable business idea that can be easily scalable.

Renewable Energy Startups

Technology’s impact on the energy sector is huge. There is a new wave of renewable energy startups in the field of wind power, electric batteries, and other sustainable fuels such as biofuels, etc.

There is a huge potential for renewable energy startups to scale up in the coming future due to the growing demand.

FinTech- Financial Technology

Fintech is a sector that is growing at a rapid pace. There is huge profitability in the fintech sector. Dubai is a hub for financial, banking, and investment.

Arts and Culture

The Arts, Culture, Painting, and crafts are witnessing a growing demand in the new age. Individuals are choosing careers in arts and crafts. There is enormous government support in the UAE to promote local as well as international culture in the region. So, many art galleries, non-profit crafts workshops, etc are booming in the market.

So, in conclusion, there are many profitable businesses in UAE that investors and entrepreneurs can easily start and scale up.

Connect with our expert team to know more about the most profitable business in UAE.

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How to Setup a Single Ownership Limited Liability Company in the Dubai Mainland? https://www.dubaifreezonecompany.com/blog/2023/12/28/single-ownership-limited-liability-company-in-dubai/ https://www.dubaifreezonecompany.com/blog/2023/12/28/single-ownership-limited-liability-company-in-dubai/#comments Thu, 28 Dec 2023 09:32:22 +0000 https://www.dubaifreezonecompany.com/blog/?p=2712 The Single Ownership Limited Liability Company in the Dubai Mainland is one of the most preferred company types among entrepreneurs. The 100% ownership in Dubai Mainland enables the entrepreneurs to go for a single ownership Limited Liability Company. One of the major differences between sole proprietorship and single owner LLC is, that the business owner will have limited liability in...

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The Single Ownership Limited Liability Company in the Dubai Mainland is one of the most preferred company types among entrepreneurs. The 100% ownership in Dubai Mainland enables the entrepreneurs to go for a single ownership Limited Liability Company.

One of the major differences between sole proprietorship and single owner LLC is, that the business owner will have limited liability in the company they are owning. Also, they can enjoy the tax advantages applicable.

What is a Single Owner LLC Company in Dubai, UAE?

A single-owner LLC Company in Dubai is a legal company type where there is only one owner for the company. However, there is a provision to add managers to the company as part of the operation expansion.

Except for consulting services business activities, all other business categories including tourism, commercial, and industrial operations can opt for a single-owner LLC Company in Dubai.

Single Owner LLC Company in Dubai

The One Person LLC Company License will be issued by the Dubai Economy after reviewing the documents the owner provides the authorities. The company will have all provisions similar to other LLC Companies on the mainland.

The owner can add new employees, and directors when required. The owner can safeguard their assets from any lawsuits. Transfer of ownership to other members is also possible.

Ownership of Single Owner Company in Dubai

As per the amended Commercial Companies Law of 2015, there is 100% foreign ownership in mainland companies. Single-owner LLC Company can be set up by any foreign nationality in the Dubai Mainland.

The owner has the provision to appoint managers and directors for the company. The owner can pass on the authority to the director to initiate commercial transactions. Employee stock options are not possible for a one-person company.

In case of a manager change, the company must prepare an undertaking letter and submit it to the Dubai Economy. There is a 30-day notice period and the company must appoint a new manager within that period.

Documents required for opening a One Person Company in Dubai

There are a few documents required by the Dubai Economy to process the Trade License for the single-owner LLC Company.  The process is straight forward and the owner must submit the following documents.

  • Attested copy of owner’s passport
  • A residential proof – Ejari, Title Deed, Tenancy Contract, etc.
  • A CV of the owner
  • Name of the Company
  • Filled-in application form
  • Draft of the Memorandum of Association (from DED for the owner’s signature)

Aurion will facilitate the document submission and Trade license issuance for your single-owner LLC Company. The team will ensure you get the trade license at the fastest possible time.

100% Ownership LLC Company in Dubai

The Dubai Economy will review the documents and issue the Trade License for the Single Person Company. They can start the business operations as they receive the trade license for the new company.

Cost of setting up a Single Owner Company in Dubai

The cost of opening a single-owner company in Dubai starts at around AED 10,000. Depending on the specific business activity, the license fee varies.

Also, for certain business activities such as specialized trading, trading in heavy machinery, etc., there is a mandatory requirement to have an office space. It will affect the overall cost of setting up a single-owner company in Dubai.

So, in total, the cost of setting up a single-owner company in Dubai will vary according to the specific business requirements such as office location, area, facilities, visa quota, and more.

Our expert Business Consultants will provide you with the right package for setting up a single-owner LLC company in Dubai with affordable office rent and other support facilities.

Advantages of Setting up a Single-Person Limited Liability Company in Dubai

There are multiple business advantages to setting up a Single Person LLC Company in Dubai. The major highlight is the ability to hedge the company’s losses. The owner’s assets are kept aside and secure.

Secondly, the one-person company functions similarly to other mainland business types. They have all the freedom to hire employees, appoint directors, apply for residence visas, tax exemptions (if applicable), and more.

The Single Person LLC Company when compared with a professional services license or a sole entrepreneurship; has distinct benefits for the business owner. They have the flexibility of 100% company ownership, profit repatriation, limited liability for the owner, etc.

How to Register a Single Person Limited Liability Company in Dubai?

To register a Single Person Limited Liability Company in Dubai, the owner can seek assistance from AURION. Our team will facilitate the complete process of registering a Single Person Limited Liability Company in Dubai with the Dubai Economy.

All the paperwork and documentation will be initiated by our team and ensure you receive the Trade license for your Single Person Limited Liability Company in Dubai at the earliest and the lowest possible cost.

Single Owner Company in Dubai

There are no restrictions in trading or conducting commercial transactions in Dubai via a Single Owner LLC Company. However, the general rules and regulations of the Mainland Companies in Dubai will apply to these Single Person Limited Liability Companies as well.

So, the tax collected by the UAE government such as the Value-Added Tax (VAT) and the Corporate Tax (CT) depending on their revenue thresholds will apply to these company types also.

Hence, in conclusion, a single-person LLC Company in Dubai is an ideal choice for business owners who are looking to steer their business journey single-handedly as an entrepreneur and appoint managers and directors to take care of the business operations.

To know more about Single Person Limited Liability Company in Dubai, connect with our expert team right away!

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Who are the best Business Setup Consultants in Dubai? https://www.dubaifreezonecompany.com/blog/2023/11/08/best-business-setup-consultants-in-dubai/ https://www.dubaifreezonecompany.com/blog/2023/11/08/best-business-setup-consultants-in-dubai/#comments Wed, 08 Nov 2023 04:09:14 +0000 https://www.dubaifreezonecompany.com/blog/?p=2544 Business Setup Consultants in Dubai play a vital role in guiding an investor to establish a company in Dubai. Additionally, there are various aspects in which the consultants will support the entrepreneurs throughout their business journey. The best business setup consultants in Dubai will assist you in all steps involved in setting up a company and managing the company operations....

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Business Setup Consultants in Dubai play a vital role in guiding an investor to establish a company in Dubai. Additionally, there are various aspects in which the consultants will support the entrepreneurs throughout their business journey.

The best business setup consultants in Dubai will assist you in all steps involved in setting up a company and managing the company operations. Expert Business Consultants such as Aurion will support entrepreneurs in all stages of their business and not only company incorporation.

There are multiple processes to follow for an entrepreneur while setting up a company in Dubai. So, it depends on their business requirement, complexity of business, and nature of business operations.

Best Business Setup Consultants in Dubai

Business Consultants will help in providing the most hassle-free company formation and related business support services to the investors. There are various aspects to consider during the company incorporation process and for the smooth functioning of a company.

Hence, Business Consultants play a vital role in paving the way for the investor to successfully continue their business operations in the UAE in the most comfortable way.

Benefits of having the Best Business Setup Consultant in Dubai?

There are various benefits to having the best business setup consultant in Dubai as your advisory and corporate service provider.

The expert Business Consultants will provide the entrepreneurs with the right advice on how to set up their company in Dubai. Also, they will walk through the steps to follow to ensure the process is followed the right way.

1. Strategic Advice

The Business Setup Consultants are helpful to entrepreneurs when it comes to getting strategic advice on effectively setting up a company in Dubai.

Furthermore, they will provide a holistic view of the business landscape, legislation, government policies, business support infrastructure, business regulations, office space/warehouse requirements, banking support services, and other business support services.

Business Consultants will help save significant costs for the entrepreneur right from company incorporation. Also, they will provide advice on the best and most economical company formation package for the entrepreneur to easily start their business operations.

2. Precise Decision Making

Having a renowned business Consultant who knows the legislation, company formation process, business knowledge, and good rapport with the business licensing authorities, is the right fit, especially for a new entrepreneur in Dubai.

Being one of the best business setup consultants in Dubai, Aurion provides precise advice to investors after identifying their specific business requirements. The investors can make an informed decision on establishing a company in Dubai.

Best Business Setup Consultants in UAE

The Business Consultant will provide all the required information to the investor and empower them to choose what is best for their business.

The Business Consultants will be well aware of the multiple business setup packages from various Free Trade Zones and the mainland in Dubai. Choosing the right Business Licensing Authority and activity

3. Choosing the right Business Licensing Authority and Activity

Dubai has numerous Free Trade Zones, so choosing the right business licensing authority is a challenging task. Similarly, the Free zones in Dubai offer more than 3000 business activities to start a company.

So, for first-time investors and entrepreneurs, it is a daunting task to find the right business activities and Free Trade Zone to set up their company. Expert business consultants will advise the investors with the most cost-effective package that suits all their business requirements.

4. Business Planning, Local Market, and Industry expertise

For entrepreneurs to venture into the local Dubai market, plan their business operations, and expand their business aggressively, having an experienced Business Consultant in Dubai is helpful.

The best Business Consultants in Dubai will provide you with a complete package including the company setup, office/warehouse space, visa quota, and more. They play a vital role in supporting entrepreneurs with all the required support for launching a company successfully in Dubai.

The Business Consultants will provide assistance with business planning, venture into the local market, taking the right office space, and warehouse facility, opening a bank account, coordinating for  UAE Residence Visa, and more.

5. Legal Formalities & Company Laws

The best Business Consultants in Dubai will be well aware of the business legislation, Commercial Company Laws, all the latest executive committee decisions, other business laws and regulations, etc. The Business Consultants will guide the entrepreneurs on their company setup and business operations in Dubai.

The best Business Consultants in Dubai will provide the right advice to the investor to avoid any legal pitfalls while they conduct regular business operations in the region and overseas.

Business Setup Consultants in Dubai

There are separate regulations for Free Zone Companies, then there are complaint policies from the Central Bank of UAE, then Shareholder Ownership Declaration (UBO- Ultimate Beneficiary Ownership), etc.

Similarly, there are VAT and Corporate Tax regulations, Economic Substance Regulation (ESR), and more. So, entrepreneurs must have a fair knowledge of the legal formalities of operating a company.

6. Banking Services Support

The best Business Consultants in Dubai will offer a host of value-added services to entrepreneurs. They will have specialized banking service support from all major banks in the UAE as well as internationally.

Expert Business Consultants at AURION will guide the investors with the steps in obtaining a Corporate Bank Account. There are a few complaint processes to be met to proceed with the bank account opening.

Depending on the business activity type, office space, and nature of business, the entrepreneur can apply for a corporate bank account and submit the documents for verification and to clear the KYC requirements.

The expert Banking Associates at AURION will guide you with the paperwork, documentation, and bank account processing. The team will help the investor with specific business requirements related to the bank account opening.

Also, they will provide support in utilizing other financial products of the bank such as credit card cheques, saving accounts, insurance, and investment according to the investor’s preferences and requirements.

Why is Aurion one of the Top Business Setup Consultant in Dubai for 2024?

We were selected as one of the top 3 business setup consultants in Dubai by Asia One Pvt. Ltd in 2023. The Best Consultant Award is a testimonial to the dedication and operational excellence the company delivered in the corporate services sector over the period of 15 years and more.

The company has got several awards for the exceptional business operations in the Corporate Services sector in the UAE. Aurion got the best business setup consultants Award 2023 from RAKEZ Free Zone Authority for its robust business support services and bringing foreign investors to the Free Zone.

In 2024, AURION already incorporated significant number of companies and handled PRO and Business Support work of many companies in the region. Being one of the Top business setup consultants, in 2024, the company aims to render services to many more new companies that will be registering their trade name across various Free Zones and Mainland of UAE.

The Top Business Setup Consultants in 2024 will provide comprehensive business support services to the investors. They will guide the investors in every stage starting from choosing a business activity, to taking special approval for office space, opening of bank account. and beyond.

So, in conclusion, the Best Business Setup Consultants in Dubai, AURION plays a vital role in supporting entrepreneurs in the business journey completely. Starting from company incorporation to various stages of business operations, the expert Business Consultants at AURION are here to support the investors.

To learn more about the Best Business Setup Consultants in Dubai, Connect with us right away!

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Job Loss Insurance Scheme in UAE https://www.dubaifreezonecompany.com/blog/2023/07/07/job-loss-insurance-scheme-in-uae/ https://www.dubaifreezonecompany.com/blog/2023/07/07/job-loss-insurance-scheme-in-uae/#comments Fri, 07 Jul 2023 07:49:00 +0000 https://www.dubaifreezonecompany.com/blog/?p=1349 UAE is transforming the social, economic, and governance of the country intending to attract new foreign talent. Also, provide required benefits and incentives to the wide expatriate base in the country. There is a Job Loss Insurance Scheme for Employees in the UAE Public and Private Sector applicable from 2023. The announcement of Job Loss Insurance scheme, the introduction of...

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UAE is transforming the social, economic, and governance of the country intending to attract new foreign talent. Also, provide required benefits and incentives to the wide expatriate base in the country. There is a Job Loss Insurance Scheme for Employees in the UAE Public and Private Sector applicable from 2023.

The announcement of Job Loss Insurance scheme, the introduction of 9% corporate tax, long-term residence, and a host of residence visa and employee visa changes, etc., are all paving the way to a better future for global talents in the country.

Job Loss Insurance Scheme in UAE – Key Highlights

The Job Loss insurance scheme is aimed to strengthen the labor market’s competitiveness and providing a social umbrella for workers. Also, it focuses on providing a stable working environment for all. UAE workers in the public and private sectors will enjoy unemployment insurance from 2023.

The UAE Cabinet approved the unemployment insurance scheme to provide unemployed individuals with income support for a limited period.

Job Loss Insurance in UAE

There are certain exemptions in the scheme and those are the investors, domestic workers, workers with temporary contracts, people under the age of 18, and retired persons with a pension who joined a new job.

How the Employer Can Apply for the Job Loss Insurance Scheme in UAE?

As per the source u.ae, the employer can opt for buying the Unemployment/Job Loss insurance scheme for their employees.

Previously for the mainland companies, there was a bank guarantee of AED 3000 submitted to the Ministry of Human Resources and Emiratisation. The Insurance coverage will be about 60% of the basic salary up to a maximum of AED 20,000 for a limited period.

The Job Loss Insurance Scheme in UAE aims to protect the employee from the company’s bankruptcy or failure in providing the entitled employee benefits.

Cost of the Job Loss Insurance Policy

The Job Loss Insurance policy costs AED 60 per year, per employee. Depending on the visa validity, the premium has to be paid to the insurance company.

How to Enroll in the Job Loss Insurance Policy?

The Job Loss Insurance Scheme in UAE Can be enrolled in two ways:

1. For Employees Currently in Service

Employers have the option to either change to a Job Loss insurance system or retain the bank guarantee scheme for their current employees.

UAE employee Insurance

Also, the current employees can be moved to a Job Loss Insurance scheme only after renewing their permits.

2. For New Employees

The employer can either submit the bank guarantee on behalf of the employee for a recruit or opt for the unemployment insurance scheme that cost AED 120 for 2 years.

Unemployment/ Job Loss Insurance Policy Coverage and Limits

The Unemployment/ Job Loss Insurance will cover certain benefits entitled to the employee. In case the company files for bankruptcy and fails to settle the employee dues, the new policy will be helpful.

The new scheme will support employees against the denial of the benefits such as:

  • Unpaid dues
  • End of service benefits
  • Vacation Allowance
  • Overtime Allowance
  • Unpaid wages
  • Return Air Ticket
  • Work Injury Compensation

Hence, in a nutshell, Job Loss Insurance is a safety net for everyone who works in the country. The final law and regulations for the unemployment insurance scheme will be announced later.

The Involuntary Loss of Employment Scheme (ILOE) – Steps to Apply

The job loss Insurance or the Involuntary Loss of Employment Scheme (ILOE) is formulated to provide an incentive for employees who lost their job due to unforeseen circumstances such as company bankruptcy.

The employees will benefit by receiving up to 60% of their average basic salaries for up to 3 to 6 months. The scheme will be active, provided the premium for one whole year is paid up in full.

There are various ways to apply for the Involuntary Loss of Employment Scheme (ILOE). The applicant can submit their details through the following platforms.

1. The Involuntary Loss of Employment (ILOE) Scheme Website

2. The ILOE smart application

3. Bank ATMs and approved Kiosk Machines

4. Business Centers

5. Money Exchange companies in UAE

6. Telecom Providers – Du, Etisalat

Applying for the Job Loss Scheme is a relatively straightforward process and can be easily done via the ILOE website. There are a few documents to be kept ready by the applicant before they start the process.

For applicants working in the Mainland of UAE, they will have to require the labour card number and Emirates ID. There are a few more details to be provided, such as mobile number, full name, date of birth, etc.

For employees working in Free Zones, they must select the ‘Non-Registered MOHRE’ option and fill in their credentials as per the form fields.

The payment plan must be selected as per the basic salary range, and the mode of payment is to be selected. The frequency of the payment is set as Monthly/Quarterly/half-yearly/ Annually. The applicant can pay the amount using a credit or debit card.

Additional Visas Information for Employees in UAE

The new reforms are aimed at speeding up the hires as well as the quality of the recruits. It will make the local job market more competitive.

Here are five changes that employees in UAE need to know.

1. Longer Grace Period after residence Expiry

Residents can avail of a longer, flexible grace period that allows them to stay in the country for up to 6 months after the cancellation or expiry of their residence permit.

2. 6 months stay outside of UAE for Golden Visa Holders

The Golden Visa holders can stay outside of UAE for any period without affecting their residency. There is no six-month limit to the stay outside of the UAE.

employee Insurance in UAE

3. Green Visa

5 Year residency is granted to skilled professionals, freelancers, investors, and entrepreneurs. It is a self-sponsored visa and the recipient can enjoy all residency benefits in UAE.

4. New Type of Visit Visas

The scope of new visit visas has been expanded. Some of the visit visas do not need a sponsor now. All entry visas are available as single or multiple entries that can be renewed for a similar period. They are valid for 60 days from the date of issuance.

There are new visit visa categories for finding a job, coming for business opportunities, visiting friends and relatives, studying, etc.

There is a multiple-entry tourist visa without a sponsor that will allow the person to stay in UAE for up to 90 days. it can be extended for a similar period up to 180 days in a year.

5. Family Visa Changes

UAE residents can now sponsor sons until they are 25 and there is no limit for unmarried daughters. Children of determination are granted a residence permit regardless of their age.

To know more about the new Employee Insurance Scheme and Changes to the UAE Residence Visa, talk to our expert Business Consultants right away!

Contact Us: Aurion Business Consultants

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What is the minimum investment to start a business in Dubai? https://www.dubaifreezonecompany.com/blog/2023/07/03/minimum-investment-to-start-business-in-dubai/ https://www.dubaifreezonecompany.com/blog/2023/07/03/minimum-investment-to-start-business-in-dubai/#comments Mon, 03 Jul 2023 11:50:00 +0000 https://www.dubaifreezonecompany.com/blog/?p=1163 Global investors are curious about how they can expand their business to Dubai. So they are always looking for the options available to start a business with minimum investment in the city. This blog will explain the answer to the question – “What is the minimum investment to start a business in Dubai?”. When it comes to minimum investment to...

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Global investors are curious about how they can expand their business to Dubai. So they are always looking for the options available to start a business with minimum investment in the city. This blog will explain the answer to the question – “What is the minimum investment to start a business in Dubai?”.

When it comes to minimum investment to start a business, there is no other place in the world other than Dubai that offers the perfect fit. Dubai will always be the first choice for any investor due to the growing business infrastructure, low-cost company setup, low taxation, and more.

The minimum investment to start a business in Dubai is approx. AED 11,900 for a Free Zone company. There are a host of benefits to establishing a business in Dubai. Well, the minimum investment requirement is based on the nature of the business activity, company location, (such as Free Zone or Mainland) office furnishing, rental expenses, and more.

What is the minimum investment to start a business in UAE?

In UAE, there are many businesses that can be started with a minimum investment. The cost will increase as the investor require a visa and office space. The foreign investor can start a business in the Mainland of UAE or the Free Zones. A few of the business activities such as retail, trading, real estate, tutoring, etc., are popular in the mainland of UAE.

AED 5,500 is the minimum investment to start a business in the UAE for a Free Zone company. The cost will increase if you require a visa and office space. Even though there are many options available in UAE, most of global investors choose Dubai for setting up their business.

Minimum investment in Dubai

For a Mainland Company in Dubai, the minimum investment to start a business will be around AED 30,000 for an LLC Company. The Entrepreneur gets a one-year trade license to operate the business and gain a significant market presence.

They can subsequently renew the trade license or upgrade the business package to multiple visa quotas with Office space as per the requirements. Similarly, for the investors to obtain a free zone trade license with office space and visa quota, the minimum investment for the company in Dubai is around AED 17,900.

For the Office Space requirements, there are FlexiDesk, Shared Offices, Executive Offices, and more at varying rates. Investors can choose the required office space depending on their specific business requirements and budget.

Aurion will assist investors in choosing the right company package with the minimum investment required for starting a business in Dubai.

Business investment in UAE

Business with minimum Investments to start in Dubai

There are several businesses to start in Dubai with minimum investment. These businesses can be set up with minimum budget as capital and there will be close to zero additional requirements.  So, the following list of businesses will have a minimum investment capital to start.

1. eCommerce Shopping

eCommerce is a growing business sector in the UAE. There are many benefits to starting an e-commerce company in the region. Drop shipping will help to keep the cost low for e-commerce companies as they are not physically storing goods but taking orders from the customer and directly arranging manufacturer to send the items.

So, there are several ways e-commerce will be helpful the consumers. It will also encourage more online shopping.

Business laws in UAE

2. Beauty Salon

Beauty Salon Opening a beauty salon is a cost-effective business in Dubai. There is an immense demand for beauty salons in the UAE. Under each residential building, you can find a beauty salon in the UAE. It is one of the businesses that can be started with a minimum investment.

3. Property Management

Property Management is another sector that requires minimum investment requirements. They do not own most properties, they have to oversee only. This is a low-cost investment in the UAE.

4. Home Baking

Home baking is another minimum investment business in Dubai that anybody can easily start. There is much demand for homemade products in Dubai.  Many ex-pats are staying away from their families in the region,

So, home-based food always holds a special place in everyone’s heart. There is immense potential for a home baking business in the UAE.

5. Tour Agency

Tour Agency is another promising business in UE that can be started with a minimum investment. There are several opportunities for a tour company in UAE. They can get corporate bookings and plan for large tours.

Also, they can coordinate both national and international tours. Tour agencies can operate remotely without an office initially and then scale up as required. So, a tour agency is a business that can be started at a minimum investment in Dubai.

6. Event Management

The event management company is one of the best businesses that can be started at a minimum investment. There are many opportunities for an event management company in the UAE. All around the year, there are various events in UAE such as large-scale musical concerts, movie trailer launches, Award shows, corporate events, and more.

An Event management company can be remotely set up initially and coordinate the activities through online, via email and meetings on the client side. It can be set up at a minimum investment in the UAE.

7. Garment Trading

Garment Trading is a prospective business idea in the UAE as there is a growing demand in the region for garments. Also, the UAE exports garments to countries such as Europe and the US.

Garments can be either fetched from local suppliers or internationally from markets such as China, Turkey, India, Pakistan, Bangladesh, Vietnam, and more.

So, entrepreneurs can easily start a garment trading company in Dubai and successfully scale up their business. Garment trading is one of those businesses that require a minimum investment to start.

8. Marketing Consultancy

Marketing Consultancy is another business category that requires a minimum investment to start in Dubai. It can be operated from a cafe or your home. There is no mandatory requirement to have a physical office in the UAE.

There is an enormous business opportunity for a marketing consultancy in the UAE. They help several companies to scale up their marketing efforts. They will advise the company’s decision-makers to apply strategies that will help grow their business.

So, several small businesses in the UAE can be started at a minimum investment. These can be easily scaled up to larger businesses as per requirement. Our team will guide you to set up your company in UAE at a minimum investment.

Foreign investors can easily set up their business in the UAE at minimum investment. They can gain International business presence and growth with minimum investment in Dubai. UAE has it all for businesses and investors to work, live, and settle for a long time peacefully and profitably.

To know more about the Minimum investment to start a business in Dubai and Company Formation in Dubai, UAE, talk to our expert Business Consultants right away!

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How to start a small business in Dubai? https://www.dubaifreezonecompany.com/blog/2023/04/19/how-to-start-a-small-business-in-dubai/ https://www.dubaifreezonecompany.com/blog/2023/04/19/how-to-start-a-small-business-in-dubai/#comments Wed, 19 Apr 2023 05:45:39 +0000 https://www.dubaifreezonecompany.com/blog/?p=2266 Starting a small business in Dubai is an activity that will provide a high return on investment for entrepreneurs. There are many small business entities that are successfully operating in various fields in Dubai. The minimum investment to start a business in Dubai is comparatively lower than other business locations. Dubai is home to a large number of large and...

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Starting a small business in Dubai is an activity that will provide a high return on investment for entrepreneurs. There are many small business entities that are successfully operating in various fields in Dubai. The minimum investment to start a business in Dubai is comparatively lower than other business locations.

Dubai is home to a large number of large and small businesses. The Business to Business segment in Dubai is growing at a rapid pace. Many large organizations operating in Dubai are constantly looking at outsourcing a few of their operations to efficient small businesses. It will help in collaboration and knowledge sharing.

Dubai is an ideal choice for small business startups as there is a robust network of investors, venture capitalists, multi-national audiences, and more.

Entrepreneurs test out a wide variety of business ideas for starting a small business in Dubai. There is an advanced infrastructure, numerous networking opportunities, and business support in Dubai that makes it a favorite choice among startups and innovators.

Why choose Dubai for setting up your Small Business Startup?

There are various factors that make entrepreneurs choose Dubai for setting up their small business startups. The government of Dubai has launched a series of welcoming initiatives for freelancers, talented professionals, and entrepreneurs to come and settle in the UAE.

The Green Visa and Golden Visa are such initiatives to attract global talents to make Dubai their second home. Similarly, the Free Trade Zones in Dubai play a vital role in setting up a small business startup. They have various cost-effective company packages that are best suited for startups.

Also, the startups and entrepreneurs operating in the Free Zones of Dubai have many benefits such as:

  • Start a fully owned company with 100% profit transfer to the home country
  • World-class office space, warehouse facilities, meeting rooms, and other facilities at the lowest cost
  • Easy company setup with minimal documentation
  • Proximity to Airports & Seaports. Certain Free Zones have in-house customs check
  • Multi-Year license packages, a wide range of business activities, bank account opening support, and more.
  • Easily expand to international markets and conduct business in UAE.

So, the Free Zones are the best choice for setting up a startup in Dubai. The Free Zones provide support for startups through business incubators. They help with the funding and administration of the startup successfully.

Additionally, the cost-effective company packages from the Free Zones will help entrepreneurs to easily set up their startups in Dubai without any hassles.

Small Business Startups in Dubai – Steps to Setup

The setting up of a Small business startup in Dubai follows a series of steps. It is best executed with the help of an expert Business Consultant to avoid any roadblocks. There are certain procedures involved in setting up a small business startup in Dubai

This is where business consultants will help the investors with the right company package. To set up the startup in Dubai the right way, the investor must follow the below steps

  1. Choose the right business jurisdiction depending on the business requirements, budget, office space requirements, visa quota, etc.
  2. Select the right business activities for the trade license. Ensure the Free Zone or Mainland will permit the selected business activity.
  3. Few activities in the business list will require special approval from the respective authorities.
  4. Finalize on the office space requirements and ensure the availability of various office spaces in the Free Zone.
  5. Submit the documents of the investor for review, make the fee payment, and obtain the Trade License.
  6. Open a corporate account for the startup once the trade license is ready.

So, the steps in setting up a startup business in Dubai are as stated above. The role of a Business Consultant is to facilitate the setting up of the startup and fulfill its administrative requirements.

A startup in Dubai has many business benefits as Dubai is a land of opportunities. The investor has access to a large addressable market in UAE, Asian and European countries. They can easily expand their business to international markets by being in Dubai.

Business Ideas for Starting a Small Business in Dubai

There are many prospective Small Businesses in Dubai that are providing a good return on investment to the entrepreneurs. Some of the business ideas for starting a small business in Dubai with a low or minimum capital investment are the following:

  • Marketing & Research Consultancy
  • Health & Wellness Consultancy
  • IT Services and Software Consultancy
  • Accounting and Tax Consultancy
  • Laundering and Dry Cleaning Services
  • Real Estate Consultancy
  • Small Retail Store & General Trading
  • Food Stuff Trading
  • Fruits & Vegetable Selling
  • Scrap exports and re-exports
  • Automobile Workshop, Spares, and Machinery repair shop
  • Beauty Salon Business

There are a variety of lifestyle business ideas such as wellness, dietary consulting, personal grooming, health coaching & gym training, and more, that can be easily set up in Dubai. There is a growing audience in the region for these lifestyle businesses.

Similarly, the next line of small businesses in Dubai is the essential services for the residential and business community in the region. The laundry, dry cleaning, small food stall, real-estate consultancy, etc., have a large target market to cater to in the region.

It is important to note that the entrepreneur involved in any sort of business must have a valid trade license from the respective authorities. The specific trading or services license depending on business activity must be obtained from the licensing authorities.

Small Online Business in Dubai

The Small Online Business in Dubai is a new category of small business that is significantly growing. These are low-investment businesses that can be easily set up online in Dubai. The investor must have a valid e-commerce License for conducting any sort of online sale in the UAE.

Investors can start an e-commerce store selling items online via social media platforms, e-commerce websites, or fully owned websites. The high internet penetration among the residents of the UAE drives the online shopping trend in the region.

Additionally, the technological advancements and capabilities will help small online businesses in Dubai. It will help them to easily launch their services. Small online businesses can involve in a variety of business activities. A few are the trading of goods, offering consultancy services, providing tutoring services, running a home bakery online, teaching online courses, and more.

Our expert Business consultants will guide the entrepreneurs with the right business license. They will also provide Free Zone choices to keep your overall business setup cost low. Contact our expert team to know more about starting a small business in Dubai right away!

Contact us: Aurion Business Consultants

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How to Get a Trading License in UAE? https://www.dubaifreezonecompany.com/blog/2023/01/02/how-to-get-a-trading-license-in-uae/ https://www.dubaifreezonecompany.com/blog/2023/01/02/how-to-get-a-trading-license-in-uae/#comments Mon, 02 Jan 2023 09:59:34 +0000 https://www.dubaifreezonecompany.com/blog/?p=2202 For a foreign investor to start a trading company in the UAE, they must obtain a valid UAE Trading License. This blog will provide the answer to the question “How to get a Trading License in UAE?” It is a perfect time to start a trading company by obtaining a trading license in UAE. The trade and commerce sector in...

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For a foreign investor to start a trading company in the UAE, they must obtain a valid UAE Trading License. This blog will provide the answer to the question “How to get a Trading License in UAE?”

It is a perfect time to start a trading company by obtaining a trading license in UAE. The trade and commerce sector in the region is showing positive growth. The growth is driven by a series of government-led initiatives to boost the economy of the UAE.

Getting a Trading License in UAE helps the investors to conduct specialized trade in the local and international markets. The foreign investor can start operating a trading company in the UAE mainland or Free Zones in the Country.

There is a huge growth opportunity for specialized trading in UAE. There is a steady demand for trading in building materials, engineering equipment, etc., due to the construction boom in the region.

Trading License in UAE

Additionally, a specialized Trading License in UAE helps investors to conduct business in sectors such as garments, foodstuff, electronics, chemical trading, and more. Investors require a General Trading License in UAE to trade multiple items under a single license.

Trading License in UAE is the most in-demand business license category among investors. There is enormous business opportunities available in the Middle East and international markets.

Steps in Getting a Trading License in UAE

Investors must follow certain steps for getting a trading license in UAE. The steps have to be followed the right way to get the Trading License at the earliest. Entrepreneurs can seek the assistance of experienced Business Consultants such as AURION.

  • Select the company name – shortlist three company names and get the name approval
  • Choose the business jurisdiction – Free Zone or Mainland depending on the scope of the business, office space requirements, office rent, visa quota, etc.
  • Choose the right business activity for the company from the list of business activities available
  • Prepare the application form and submit the list of documents as specified by the business jurisdiction.
  • Get special approvals if necessary. There will be special approvals for selected business activities such as Food-Stuff Trading, Gold & Precious Metal Trading, Chemical Trading, etc.
  • Choose the office space depending on the business requirement and prepare the tenancy contract
  • Make the required Fee Payment and submit all the supporting documents such as Investor photograph, Passport Copy, Special Approvals (if any), tenancy contract, etc., for review
  • The specific business jurisdiction in UAE will issue the Trading License to the entrepreneurs for a specific period. The trade license is subject to renewal yearly and also available multi-year trading licenses in UAE.

Above are the general steps involved in getting a Trading License in UAE. There are two major business jurisdictions in UAE, i.e., Mainland and Free Zone. The general process of obtaining a Trading License is almost similar across business jurisdictions with few differences.  

Trading Company in UAE

Taking the assistance of Business Consultants will help to avoid any errors while applying as well as proceed the right way while choosing the business activity, business jurisdiction, office space, and more.

The Business Consultants will be aware of the regulations and specific requirements in each business jurisdiction. Also, they guide investors accordingly to speed up the process of obtaining the Trading License in UAE.

How to form a Trading Company in UAE?

A Trading Company in UAE can be formed in any of the two business jurisdictions – The Mainland and Free Zones. The process of setting up a Trading Company is similar, however, there are certain specific steps to be followed by an entrepreneur when applying for a Trading License in UAE.

Forming a Trading Company in UAE is becoming easier as the business jurisdictions are processing the requests at a faster pace. Also, the steps in the formation of a Trading Company in UAE are much simplified with minimal documentation to speed up the process.

1. Forming a UAE Mainland Trading Company

In the case of forming a UAE Mainland Trading Company, the Department of Economic Development of the respective Emirate issues the Trading License. The entrepreneur can form a Limited Liability Company with 2 or more shareholders and start operating their company without any hassle.

As per the latest Commercial Companies Law, there is no requirement for having a UAE National Sponsor for opening a Mainland Trading Company. The foreign investor can obtain the Trading License from DED for their selected business activity, and start running the business in no time.

2. Forming a UAE Free Zone Trading Company

Similarly, in the case of forming a Free Zone Trading Company in UAE, the respective Free Zone is the governing and licensing authority. Entrepreneurs can choose from a wide range of company packages, business activities, and more.

Free Zone Trading Company

Depending on the specific trading activity, the global investor can choose a company package with ample visa quotas for hiring staff, a well-equipped office, and other facilities. The Free Zones in UAE offer various business activities for trading companies to conduct business.

Expert Business Consultants will guide investors through the right company package after precisely studying the business requirements. There are multiple advantages for investors in forming a Free Zone Trading Company.

Advantages of Forming a Free Zone Trading Company

  • 100 % foreign ownership and full profit transfer to home country
  • Favorable Tax incentives and exemptions
  • No Import Duty for goods imported to the Free Zone
  • Easy Access to Seaports and Airports in UAE
  • In-house Customs Clearance in designated Free Zones
  • Strategic Location that connects easily with international markets – Air, Sea, Land
  • Easy Company Setup with minimal documentation
  • Access to World-Class Facilities – Warehouses, Office Space, and other Infrastructure

Thus, forming a Trading Company in any UAE Free Zones is highly beneficial for global investors. There is great flexibility in business operations – Customs Clearance, Free Zone approvals, logistics support, etc., while conducting business from a Free Zone jurisdiction.

Cost of a Trading Company in UAE

The Cost of a Trading Company in the UAE varies depending on the business jurisdiction. In the mainland of UAE, the cost of a Trading Company License is about AED 25,000 inclusive of the license fee, virtual office fee, initial approvals, etc.

The Trading License fee in UAE will vary depending on the office space location, rent, and visa processing for employees. In the UAE mainland, the trading company cost can be kept low by taking office space in a cheaper location.

Similarly, the cost of a Trading Company in the UAE Free Zone is dependent on the location, visa quota, office facility, etc. The Trading Company License in UAE costs ranges from AED 11,500 for a 1 visa quota to AED 24,000 for a 3 visa quota.

Hence, multiple factors contribute to the cost of a Trading Company in UAE, i.e., the number of visas required, office space requirement, visa cost for employees/investors, and more.

Aurion Business Consultants will guide global investors by advising them on the right company package for their business. The choice between the Mainland and Free Zone depends on various factors. For certain business activities being in the UAE mainland is more feasible.

For businesses that are more actively involved in the local UAE Market than international trading, being in the UAE mainland is more efficient for their daily business operation.  

Similarly, for a business that requires constant international logistics, a Free Zone with easy access to Airports and Seaports is the ideal choice. Business Consultants such as AURION will be in a better position to guide entrepreneurs to the right business jurisdiction based on their experience.

To know more about the steps in getting a Trading License in UAE, connect with our expert team right away!

Contact Us: Aurion Business Consultants

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How to Get an Air Cargo Business License in Dubai? https://www.dubaifreezonecompany.com/blog/2022/11/16/how-to-get-an-air-cargo-business-license-in-dubai/ https://www.dubaifreezonecompany.com/blog/2022/11/16/how-to-get-an-air-cargo-business-license-in-dubai/#comments Wed, 16 Nov 2022 06:26:57 +0000 https://www.dubaifreezonecompany.com/blog/?p=2161 Air Cargo business in UAE is at boom driven by the domestic and international demand for goods and services. Dubai being a trade hub is the center for re-packaging, light manufacturing, and export of quality goods. Air Cargo Business License in Dubai can be obtained from the Mainland or the Free Trade Zones. The Air Cargo Business License from the...

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Air Cargo business in UAE is at boom driven by the domestic and international demand for goods and services. Dubai being a trade hub is the center for re-packaging, light manufacturing, and export of quality goods.

Air Cargo Business License in Dubai can be obtained from the Mainland or the Free Trade Zones. The Air Cargo Business License from the Dubai Airport Free Zone with a 27 Sq.m office will cost AED 92,665.

It will enable Cargo companies to legally conduct trade consulting, freight forwarding, light manufacturing or warehouse unit leasing, etc. The Air Cargo business includes many activities that are spread across different business license categories.

Depending on the required business the investor can take the specific business license from either service, import-export, or industrial license categories.

Air Cargo Business License in Dubai – Scope

Air Cargo companies facilitate the transfer of small packages, letters, expensive items, etc, via air between countries. They will be handling multiple services such as Air Freight Warehousing, sorting, re-packing, unloading, trade consulting, trade coordination, Cargo Chartering, etc.

Investors can get an Air Cargo Business License in Dubai from the free trade zones depending on the chosen specific business activities.

Air Cargo Business License in Dubai

For example, to provide air cargo consulting and trade coordination, a services license from the Free Trade Zone is the ideal option to keep the cost low.

For opening an Air Cargo Services Company the 10 Sq,m office in DAFZA will be an ideal option. The cost of the Air Cargo Services License from DAFZA including the office space is starting from AED 52,165.

Similarly, for freight forwarding, import-export of goods, warehouse storage, etc., an import-export license is essential along with the Air Cargo handling license.

Furthermore, if the company wants to repackage or manufacture items in its warehouse and then export them to other markets, then an industrial license is required for the same.

Hence, Air Cargo business activities are vast and spread across multiple business license categories. So, depending on the business requirements the right business license must be chosen by the company. It is best to seek the assistance of expert business consultants such as AURION.

Air Cargo License from the Free Zones in Dubai

In Dubai, the Air Cargo License is available in two Free Trade Zones that is the Dubai Airport Free Zone and the Dubai South. The Free Trade Zones in proximity to the Airport will be ideal for obtaining the Air Cargo License.

These Free Zone will be the right choice for setting up an Air Cargo Company to keep the operating cost low. Also to facilitate business operations successfully, having an air cargo company in the Free Zones that are closer to the airport is ideal.

Air Cargo Business in Dubai Free Zone

The investors looking at other Emirates for obtaining the Air Cargo Business License, the ideal choice is the Sharjah International Airport Free Zone. It offers a cheaper Air Cargo Business License than the Free Zones in Dubai.

What are the steps in obtaining the Air Cargo Business License in Dubai?

To obtain the Air Cargo Business License in Dubai, the business investor must follow certain steps and require some pre-approvals.

To start with the process of obtaining the Air Cargo Business License, the investor must finalize the trade name and get approval from the Free zone authority.

  • Submit the application form and business activity to the Free Zone authority. Also, finalize the company structure depending on the number of shareholders.
  • For Air Cargo operations inside the Airport, get special permission from Civil Aviation.
  • For vehicle alteration with safety lights, loudspeakers, and other safety equipment get approval from RTA.
  • After the confirmation of the business activities, look for the right office space and warehouse requirements. Get the tenancy contract for the office from the Free Zone by paying the rental fee.
  • Submit all the required documents, shareholder details, photographs, special approvals from Civil Aviation, RTA, and the tenancy contract to the Free Zone authority.
  • Pay the trade license fee to obtain the Air Cargo Business License from the Free Trade Zone in Dubai. Open a corporate bank account for the company using the company documents to facilitate business operations quickly.

Obtaining an Air Cargo License in Dubai will enable the investor to coordinate the air freighting, scheduling of cargo, collection, and sorting of goods for shipment, and more. There are many sub-activities for the Air Cargo handling company to perform.

There is an immense growth opportunity in the Air Cargo business as the demand for Air Cargo shipments across countries is growing year on year. UAE is the perfect hub for coordinating international shipment operations.

Why Register an Air Cargo Services Company in Dubai?

The Air Cargo Company in Dubai has enormous business opportunities due to growing local and international demand. Air cargo Companies operate on thin margins and are prone to macroeconomic fluctuations. However, there is a demand for a reliable Air Cargo Services Company in Dubai.

Air Cargo Services Company in Dubai

An Air cargo Services Company in Dubai facilitates the delivery of the consignment from the home country to the destination country. Timely delivery at the lowest cost for the customer is a win for an air cargo company to strive amidst tough competition.

The strategic location of Dubai connecting the east and the west world makes it a perfect trade hub. The Dubai Airport handles a significant amount of passenger and cargo planes daily. The global connectivity of Dubai with other countries through air transport makes it a perfect hub for Air Cargo operations.

To know more about opening an Air Cargo Company and Obtaining an Air Cargo Business License in Dubai, connect with our expert business setup consultants right away!

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Freelance License in UAE for Remote Work https://www.dubaifreezonecompany.com/blog/2022/10/20/freelance-license-in-uae-for-remote-work/ https://www.dubaifreezonecompany.com/blog/2022/10/20/freelance-license-in-uae-for-remote-work/#comments Thu, 20 Oct 2022 03:32:00 +0000 https://www.dubaifreezonecompany.com/blog/?p=458 UAE is a business-friendly country with a growing opportunity and infrastructure support to promote business and trade in the region. Starting from freelance license to commercial business license, UAE offers a host of business license types for entrepreneurs.
With the onset of Pandemic, the regular working hours are shortened and businesses are taking precautionary measures to comply with the Covid-19 regulations by initiating work from home for the safety of employees and society

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UAE is a business-friendly country with a growing opportunity and infrastructure support to promote business and trade in the region. Furthermore, remote working opportunities and getting a Freelance License in UAE are becoming easier.

Freelance License in UAE can be obtained from the Free Trade Zones and the Dubai Economy. There are selected activities for which the Freelance License is available. The Freelance License cost starts from AED 5,750 for media related license in Sharjah Media City Free Zone.

In Dubai, the Freelance License cost around AED 8,500 for the 1 year license. Businesses in the region are experimenting with remote working possibilities. They are also focusing on efforts to reduce overheads and employment expenses.

Above all, many companies as part of cost-saving methods move to the Work-from-Home model. They are delegating projects to remote working staff and Freelancers

Remote Working – A New Trend

Remote work setup is becoming a mainstream of business operation globally. Presently, more than 80% of companies are resorting to the remote work environment to stay afloat in the turbulent market situations.

There is no requirement of huge office spaces for companies when employees are working from home. Hence, entrepreneurs can lower the overhead costs of maintaining an office space. Instead, they can hire freelancers with a valid Freelance License in UAE for projects.

Presently, remote working and Freelance license is becoming popular in UAE. Many entrepreneurs and companies are looking at various business models to sustain business growth. The remote working setup helps to enhance productivity and profitability with minimum expense.

Hence, these scale-able Remote Working Setups become investors’ favorite choices for setting up a company in UAE and growing the business eventually.

Remote Working Setup with the Potential to Easily Scale-Up

The Work-from-Home concept has given rise to a host of businesses that can scale up easily in the remote work environment. Following are the few business areas in focus:

1. Digital Marketing Consultancy

Digital Marketing is a key business area that is witnessing a positive growth rate presently.  As a result of companies and consumers remaining indoors, internet usage grew dramatically. Also, more people entered the world of digital communication.

Thus, there is an enormous opportunity to tap into a new audience group by leveraging digital channels. So, Digital Marketing Consultancies are in huge demand to share their expertise. They help brands to effectively reach out to the digital audience.

Setting Up a Digital Marketing Consultancy in UAE

Entrepreneurs can easily set up a digital marketing company in UAE. They can opt for a services license from the UAE Free Zones for an affordable fee.

So, to start the business with minimal investment, the entrepreneur can look for a freelance license or a company license with 1 visa quota. Then eventually expand to a full-fledged digital marketing consultancy.

To keep the overall company setup cost and overhead cost low, entrepreneurs can look for flexible-desk space or shared workspace. Subsequently, for executing digital services a huge office space is not an essential requirement.

One requires a good laptop and internet connectivity to execute digital projects for clients. All client meetings can be arranged on-premises or in any convenient location. So, digital marketing consultancy is the best choice for remote working.

Check out the latest UAE Free Zone offers here: Cheapest Free Zone in UAE

2. Freelance Marketing Consultants

Freelance Marketing Consultants are the next most in-demand professionals globally. Many companies are currently looking for resources to coordinate marketing activities and gain a strong online and offline presence.

Marketing Consultants have a key role in promoting the brand image and reach for the product & service of a company. So, entrepreneurs can take a Freelance License from any of the Free Trade Zones in UAE. They can easily start a marketing consultancy through a remote work setup.

How do Marketing Consultants help Companies?

Effective strategies are implemented using marketing expertise and the results are tracked. It is a perfect remote working setup where the Marketing Consultant can work in isolation and collaborate using online channels.

To gain better visibility in the online space the companies are depending on Marketing Consultants.  They help companies with innovative marketing practices to strengthen the brand’s presence online and in other channels too.

Freelance License in UAE

Companies explore various marketing initiatives to gather leads for their business through the help of a marketing consultant. Hence, a Freelance Permit in the field of Marketing will help entrepreneurs easily start a marketing consultancy for themselves.

For an entrepreneur who is a marketing professional or has experience in the marketing consulting field, there is an immense business opportunity in the field.

Explore the various Freelance License Packages here.

3. Online Tutoring and Coaching

Online Tutoring is witnessing rising popularity presently. It became a common online education business category during the lockdown period.

Since, schools, colleges, outdoor activities, and events were restricted, the demand for online coaching and study classes saw an increased acceptance. Online Tutoring is widely used in many parts of the world where internet connection is stable.

It is a perfect option for remote working and investors can obtain an educational training service license from the Free Zones of UAE. The entrepreneur can also obtain a Freelance Permit for delivering online tutoring services to students in UAE and abroad without any hassles.

There is a rising opportunity in the Online Tutoring space. The demand for online tutoring services is increasing with more kids having internet access. There are many applications, course aggregators, and online providers that require content creators, tutors, and many more.

Growing Business Ecosystem of Home Tutoring

The Home Tutoring ecosystem is in a nascent stage at present. It is expected to grow into a full-fledged business sector soon with more players entering the online tutorial market.

There is a vast range of online courses available for users to enrol in and take classes. It ranges from home tuition for kids, learning music, art, yoga, etc., to learning a new skill for professionals, and more.

Hence, entrepreneurs entering the segment have immense verticals to work on like coordinating with tutors, scheduling the course, enrolment, preparing the course details, and more.

4. e-Commerce and Online Shopping Portal

e-Commerce is another area that is seeing a surge in growth since the shift of consumers to online platforms for purchase. Online shopping rose sky-high with people moving to online shops, e-commerce portals, and online food delivery to meet their daily needs.

There is enormous opportunity in this sector for start-ups and investors to start small and scale up. With a small drop-shipping or home-based e-commerce store, entrepreneurs can scale up high.

Entrepreneurs can leverage their skills in e-commerce order management, home delivery, logistics, eCommerce portal management, and more. It is the right choice for investors choosing remote work as they can manage everything online.

5. Virtual Assistance

Virtual Assistance Services connects the world in the digital space. It has a wide scope starting from support to booking a doctor’s appointment to getting the banking services sorted; there are Virtual Assistance services available now.

Freelance License in UAE for Remote Work

It is a perfect choice for remote working from a home office, coffee shop, or anywhere. Virtual Assistance helps investors to achieve a steady workflow, clients, and money to sustain the business with minimal investment.

The entrepreneur can obtain a Freelance Permit with a consultancy license. Most of the work can be coordinated remotely via online platforms.

6. Home Bakers and Cloud Kitchen

There is a growing trend in home bakers and cloud kitchens in busy towns that provide homemade meals and bakery items to work professionals on-demand. It is a perfect choice for remote working in UAE.

For entrepreneurs to launch a home baker store or a cloud kitchen is very easy with few alternations to the home kitchen to accommodate the quantity you plan to sell.

In the UAE you can obtain a business license (Food/Cafeteria License) to start your home bakery or Cloud Kitchen after receiving the necessary approvals and the company documents.

The above-indicated business areas are not an exhaustive list of potential categories that are easily executed in a remote working setup.

In most of the cases above, the investor can take a 1 visa business license from the UAE Free Zones or a Freelance Permit to conduct the business operations.

To know more about the ways to set up a company in UAE in the most cost-effective way, talk to our team!

Contact Us: Aurion Business Consultants

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