Free Zone Company Registration Archives - AURION Fri, 17 Jan 2025 12:44:26 +0000 en-GB hourly 1 https://wordpress.org/?v=6.6.2 Business Ideas for Women in Dubai https://www.dubaifreezonecompany.com/blog/2025/01/17/business-ideas-for-women-in-dubai/ Fri, 17 Jan 2025 12:44:01 +0000 https://www.dubaifreezonecompany.com/blog/?p=3580 Dubai is a hub for all types of businesses to thrive. Also, there are enormous business opportunities for women in the region. The Free Zones in UAE offer many specialized business packages for women. This blog highlights top business ideas for women in Dubai, UAE. Free Zones in UAE such as RAKEZ, SPC, and IFZA offer special business setup packages...

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Dubai is a hub for all types of businesses to thrive. Also, there are enormous business opportunities for women in the region. The Free Zones in UAE offer many specialized business packages for women. This blog highlights top business ideas for women in Dubai, UAE.

Free Zones in UAE such as RAKEZ, SPC, and IFZA offer special business setup packages for women. The company setup package for women starts from AED 6,000 for a Zero visa quota license.

Furthermore, various company Setup options are custom-made for women in Dubai. Also, the business opportunities for women in Dubai are diverse. They can indulge in multiple business activities that can operate with a lower budget as well.

Women in Dubai in the age group of 25 to 45 make up a significant population. Most of the women in the region are working and are eager to start something for themselves.

So, there are a host of business ideas for women in Dubai. They can explore various business activities and gain a trade license from the Free Zones of UAE.

Top Business Ideas for Women in Dubai

The women in Dubai can look into a host of business activities that they can do from the comfort of their homes and earn well. Also, there are a few low-investment business ideas for women that require a small office or a space at home to operate.

1. Fashion Boutique and Design Studio

Fashion Boutique and a styling center specializing in women’s designer wear is a top-rated business idea for women. Especially, with the boom in social media accounts following fashion. There is an enormous business opportunity for ladies to open a fashion boutique.

Business Ideas for Women in Dubai

There is a large audience base that is following the latest fashion trends. So, opening a boutique or a home-based styling center will help drive significant footfall. The Fashion Boutique License can be obtained as a professional License for a very minimal cost in Dubai.

Also, the owner should be associated with the fashion sector. Else a manager or director must be appointed to oversee the operations of the boutique. Furthermore, a Fashion Boutique can be easily launched online. Also, the owner can rent out a small retail space to limit the budget for setting up the Design Studio.

2. Event Management

One of the best business ideas for women is running an Event Management company. They can easily set up an event management company from their home at a lower scale initially. To begin with, it could be a family function or a birthday party, baby shower, a wedding function – sangeet, haldi, etc.

Furthermore, depending on the scale of the events and popularity, the operations can be shifted to an office space or a large area. Event management would require a Trade License in UAE. It could be a professional license and the company owner can easily expand the reach.

3. Creative Consulting

Creative Consulting is a profitable business idea for ladies as they can operate the business from being at home or taking small office space. It has a greater scope and it could be the most profitable business idea for ladies. It includes strategy development, graphic design ideas, content creation, social media agency, research agency, or any sort of online consulting business.

With the expansion of social media channels such as Instagram, and Facebook and platforms such as YouTube, there is a significant demand for content ideas and strategy. Also, there are several ways that a service or product can be marketed.

Business Ideas for Women in UAE

So Ladies can take a Creative Consulting or Social Media License at a cost starting from AED 5,750 for Zero Visa Quota in Sharjah Media City. Creative Consulting is one of the most profitable business ideas for ladies to make good money with limited capital investment.

4. Influencer Marketing

Influencer Marketing is another scalable business idea for ladies in the UAE. It is a business type where one must identify popular Instagram accounts and reach out to them for collaboration. There is a huge demand from corporates, startups, and companies for influencer marketing.

Ladies can become popular influencers in the fields of fashion, beauty, lifestyle, finance, etc. They can operate the company by securing an Influencer Marketing License from any Free Zone of the UAE.

5. Home Baking

Home baking is another most chosen business idea for women. Ladies can start a Home baking from their kitchen initially and then scale up. There is a huge demand for Tiffins Lunch/Breakfast in UAE as most of the families are working class. So, stay-at-home mothers, or individuals can start selling home-cooked food, savories, bakery items, etc.

They must apply for a home baker license before making any official sale of the products. The individual must be aware of the rules and regulations in the country.

6. Online Tutoring

Another easy business idea for women is Online Tutoring. They can easily start Online Tutoring from their home with a laptop or phone. Educational concepts from lower grades to higher ones have a growing demand in the UAE.

Women must get a tutoring license from the Dubai Economy or a Free Zone to conduct Online Tutoring the right way.

7. Arts, Crafts, Digital printing

Gifting Ideas in the form of arts, crafts, and digital prints is another easily scalable business idea for women. They can collect orders for t-shirt printing, caps, and mug printing, or paint in canvas and sell at events, cultural shows, parks, etc.

There are several business opportunities for ladies who are well-versed in drawing, painting, and crafting. Making jewelry designs, soft toy stitching, etc., are a few areas where ladies can operate with their arts and crafts-making license in UAE.

8. eCommerce Store

There is no doubt that launching eCommerce is one of the best business ideas for women in the modern world. There are enormous business opportunities in the e-commerce field. They can sell any items ranging from household, apparel, gifts, consumer goods, beauty, and more.

Business Ideas for Ladies

Free Zones such as RAKEZ offer an AED 6,000 package for women to launch their e-commerce company. They can easily scale up the e-commerce business from the UAE as there is a growing audience base in the region.

9. Beauty Salon

Another simple business idea for women to make money is opening a beauty salon in the UAE. There is immense demand for beauty salons in the UAE. As many women are employees they use beauty services to look presentable for their office or any events.

Dubai is a vibrant city with year-round events and entertainment. So ladies always choose to style them well and utilize the beauty salons for the same. Lady entrepreneurs can take a salon license from the Dubai Economy and start a salon on the mainland.

10. Interior Decor

Interior Décor is another profitable business for ladies to start from their homes. The online medium and social media help the Interior Décor channel to grow and scale up easily. The ladies can operate the business online by providing remote consulting and selling interior décor.

11. Day Care

Day Care is an ideal business that ladies and stay-at-home mothers can think about. They can get a daycare operations license from the respective authorities and start a daycare business without any hassle.

There is an immense scope for daycare operations in Dubai as many working couples would want their kids to be taken care of during office hours. So, daycare centers have a growing demand in the region.

So, in conclusion; there are several business opportunities across sectors for ladies in UAE. Some of the business setup ideas listed above require very minimal initial investment. Depending on the demand and business prospects, the business can be scaled up to new offices and more.

Connect with our expert team right away to learn more about the various business ideas that are ideal for women to successfully start a business in UAE.

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Banking Services in Dubai – Process of Opening a Business Bank Account in UAE https://www.dubaifreezonecompany.com/blog/2024/07/05/business-bank-account-in-dubai-uae/ Fri, 05 Jul 2024 11:57:09 +0000 https://www.dubaifreezonecompany.com/blog/?p=3493 Dubai is an attractive investment destination for entrepreneurs from around the world. The vibrant economy and foreign population make Dubai one of the best options for settling down, working, or doing business. Investors can also open a Business Bank Account in UAE without hassle. So, for the companies operating in Dubai to conduct financial transactions, having a business bank account...

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Dubai is an attractive investment destination for entrepreneurs from around the world. The vibrant economy and foreign population make Dubai one of the best options for settling down, working, or doing business. Investors can also open a Business Bank Account in UAE without hassle.

So, for the companies operating in Dubai to conduct financial transactions, having a business bank account is an essential requirement. The investors can open new startup companies and have a bank account for their company.

Business Bank Account in UAE

Dubai provides a lot of business benefits for investors. Also, the top-notch transport network, luxurious lifestyle, tax-free personal income, robust law and order system, etc., make Dubai the prime choice to set up a new company.

Additionally, the business owners would be required to open a corporate bank account to run their daily business operations. For that investors can choose from UAE banks and also a variety of international banks having a presence in the country.

How to Open a Business Bank Account in Dubai?

The network of banks in Dubai, UAE offers a variety of investment products to business owners. They all offer reliable and top-class services to business owners.

The banking network in Dubai is excellent with a vast number of banking products that are beneficial for the investors such as business loans with low interest rates, credit cards with many attractive offers, and more.

AURION being the pioneer in the field of business consulting and having more than 17 years of expertise in management consulting, has a long-lasting relationship with all of the major banks in the country.  

So, our team of Business Consultants will guide you with the right choice for all your business banking requirements. Ranging from business loans to credit cards, the banks in UAE will offer business owners a host of banking products to choose from for their company.

 The Process of Opening a Business Bank Account in Dubai?

The business owners must follow a process for opening a corporate bank account in Dubai. They can get expert assistance from Business Consultants such as AURION. So, for opening a bank account in Dubai, they must have a few documents ready as well as clear a KYC (Know-Your-Customer) exercise.

1. Select the Right Bank

There are a handful of national and international banks that have a presence in the region. Each offers a variety of banking products for the business owners. Hence, businesses must make a wise choice when onboarding them with a bank in the UAE.

Business Bank Account in Dubai

Also, there is an eligibility criterion to qualify for a bank account in the UAE. Furthermore, a Trade License, UAE residence visa and local address are required for the bank account opening. Additionally, there is a minimum balance requirement in most of the banks.

2. Get the Trade License

Obtain the Trade License from any of the Free Trade Zones or Mainland of UAE. Depending on the chosen Free Trade Zone and the nature of business activity, the banks in UAE will offer the right banking solution.

 3. Prepare the Documents

There are certain documents required to open a business bank account in Dubai. To strengthen the profile the bank would need proof of the business, any contracts or invoices, company; supplier details and more.

Again, only a few banks ask for all those details, it depends on the investment and nature of the business. In general, the banks will request for submitting a copy of Emirates ID, Company Trade License, Incorporation Certificate (if any), Lease/Tenancy Agreement, Shareholder details – passport copy, photographs, authorized signatures, etc.

Additionally, the banks will ask for the shareholder’s bank statement, Company Memorandum, Power of Attorney (if any), and the suppliers/buyer’s information. With the help of expert Business Consultants, they can prepare all the required documents for the opening of the bank account.

Challenges in Opening a Corporate Bank Account in Dubai, UAE

Many startups and businesses have challenges while opening a business bank account for their company. Sometimes the bank account opening will take months and have strict KYC norms.

Bank Account opening is essential for the company to conduct its commercial activities. There are various reasons why the bank account opening is a challenge in Dubai. A few of the reasons are:

  • Strict regulatory compliance and laws like the Anti-Money Laundering (AML)
  • Proving the owner’s credibility as a business owner
  • Weak business plan and trade forecasts
  • Absence of a physical office space
  • Meeting the minimum balance requirement

Few banks in UAE will have a stricter KYC in place for Free Zone companies with Virtual Offices. It could be a challenge to open a corporate bank account with a virtual office in a Free Trade Zone.

Business Banking in UAE

However, with online banking services from Mashreq – The Mashreq Neo, and RAK Bank’s RAK Starter, as well as WIO Bank. So, even though there are strict regulations, by producing the right documentation, the company can open a business bank account for their company in the UAE.

Our team can help you with the right bank account in the UAE. The KYCs and other regulations will help to safeguard and ensure the transactions are clean. Any scams or unauthorized accesses will be denied and thus secure the banking transactions.

How AURION will guide business investors?

AURION has extensive experience in dealing with international and local business regulations. The team will help in opening the Business bank account in UAE. By analyzing the specific business requirement the team will provide the right option for the business owners.

The team will liaise with the banking experts and put the application across for review. We will ensure you obtain the bank account for your business. Get end-to-end business and banking consulting from AURION. 

We handhold you in every stage of company formation, visa processing, legal documentation, special approvals, bank account opening and more. Connect with us for a business consultation and for opening a bank account in Dubai, UAE. We will help you realize your dreams easily.

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Start a Representative Office in Dubai https://www.dubaifreezonecompany.com/blog/2024/06/10/start-a-representative-office-in-dubai/ Mon, 10 Jun 2024 08:33:48 +0000 https://www.dubaifreezonecompany.com/blog/?p=3472 Dubai is a popular trade hub of the world. There is enormous business opportunity in the city of Dubai. Large Multinational Companies have their head office in Dubai. At the same time, there are numerous small and medium companies in the region showcasing positive growth rates.  Starting a representative office in Dubai is a lucrative business opportunity for foreign investors...

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Dubai is a popular trade hub of the world. There is enormous business opportunity in the city of Dubai. Large Multinational Companies have their head office in Dubai. At the same time, there are numerous small and medium companies in the region showcasing positive growth rates. 

Starting a representative office in Dubai is a lucrative business opportunity for foreign investors who have a strong business background in their home country. Representative Office can be seen as a strategic way to expand the business to new geographies easily without incurring much expense. 

This article highlights the characteristics of a Representative Office in Dubai and how to open one for your foreign company. The article also touches base on the scope of a Representative office in Dubai.

What is a Branch Office and Representative Office in UAE?

So, let’s delve into the understanding of what a representative office is in the UAE. A representative office is an extension of the parent company entity into a new market. It is part of the same entity and not considered as an independent entity. 

representative office in dubai

A Representative Office cannot sell or indulge in any profit-generating activities. It can be only an office with staff that will outsource all the sales to the head office or the parent company. The representative office will be for liaising and building client relations only. 

So, technically a branch office and a representative office are two different types of company structure. In the section below we will look at the major differences between the two business entities. 

Differences between a Branch Office and a Representative Office in UAE

The major difference between a Branch Office and a Representative Office in UAE is the functioning. The modus operandi of both entities are distinct. A Branch Office is treated as a separate independent entity and a profit centre. They can conduct business, hire employees manage the book of accounts, operate independently and handle additional responsibilities. 

Whereas, a representative office is an extension of the parent company. It is not a profit centre but an expense. There is no revenue generation in a representative office.

They outsource the work to the parent company. The Representative office is for customer service and liaising and no actual sale is happening via a representative office. 

Why Set up a Representative Office in UAE/ Dubai?

The Representative Office in UAE/Dubai will help the foreign investor easily expand their business to new geographies. It is a gateway to new business opportunities. The parent company that is based in a foreign country can easily enter into the UAE’s market landscape with minimal investment.

They can test the market, conduct market research, perform marketing activities, gain contacts, and more.

Most of the investors based in Dubai, UAE prefer to associate with a brand or company that has a local presence in the region. So, the Representative Office can act as a liaison office where the investors can visit and learn more about the processes and functioning of the parent company.

In a representative office, there are marketing staff and a Director who represents the company. All queries regarding the company’s operations would be addressed by the representative office. So, opening a representative office in Dubai has many business advantages for the business owner.

What are the Advantages of a Representative Office?

Following are the advantages of opening a Representative Office in Dubai. The strategic location of Dubai makes it a business centre. The convenient time zone for doing business with the West and Asia makes Dubai a top choice for establishing a company. 

Similarly, The stable economy, growing business opportunities, and 100% foreign company ownership in the Mainland and Free Zone attract many foreign business investors to the UAE. Furthermore, the tax exemptions and simplified business setup processes are other major reasons many investors choose Dubai to incorporate their company.

Additionally, the business-friendly government and state-of-the-art infrastructure, Airport and Seaport, etc., make UAE a perfect trade and logistics hub. So, establishing a presence in Dubai, UAE is highly beneficial for the companies.

By being in UAE, the company can expand their trade operations to international markets easily. Also, there is an availability of a diverse workforce in the region. Furthermore, the high standard of living and lifestyle attracts a lot of international talent to the city of Dubai.

Similarly, there is a vibrant business community ideal for networking, partnerships, and collaborations. Also, there are year-round trade fairs and exhibitions for business promotion in the region.

Steps to Set up a Representative Office in Dubai

There are various steps to follow for setting up a representative office in Dubai. To start the operations in Dubai, the business owner must legally get a trade license from the Dubai Economy or the respective Free Zone.

As the first step, they must attest the parent company documents from the UAE Embassy in the home country. Then, counter-attest the documents from the Ministry of Foreign Affairs in UAE.

Now choose the same trade name as the parent company for the representative office. Add the list of legal business activities they can continue to operate as a representative office.

Then, Submit the parent company documents, and attested board resolution stating the appointment of a Company Director with full power to operate and manage the representative office in UAE.

Also, make the fee payment for the trade license of the representative office in UAE to the licensing authority.  Once the trade license is obtained, start operating the representative office in full swing by adhering to the legal scope. 

Cost of Representative Office setup in Dubai

The Cost of a representative office setup in Dubai on the mainland is approx. around AED 30,000 for a virtual office and 1-year trade license. When more visas and physical office space are required, then, the cost adds up. 

Similarly, in the Free Zone, the representative office can be set up with a virtual office and 1-year trade license at approx. AED 14,900. Again, as we add office space and more visa quotas, the cost will go up accordingly.

Aurion will guide the investors throughout the process of establishing a representative office in the UAE. The team is here to clarify all your queries regarding the set-up of the company. Connect with our expert team to learn more about the things to consider before setting up a Representative Office in UAE.

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Indian Branch Office Registration in UAE – Things to Know https://www.dubaifreezonecompany.com/blog/2024/06/10/indian-branch-office-registration-in-uae-things-to-know/ Mon, 10 Jun 2024 06:48:59 +0000 https://www.dubaifreezonecompany.com/blog/?p=3465 India shares a very extensive trade relation with the UAE. The bilateral trade relation between India and UAE is more than two decades old. The latest Comprehensive Economic Partnership Agreement (CEPA) with India and UAE further strengthens the trade relations of both the countries. For Indians, Dubai, UAE is a second home with many relatives and friends in the region....

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India shares a very extensive trade relation with the UAE. The bilateral trade relation between India and UAE is more than two decades old. The latest Comprehensive Economic Partnership Agreement (CEPA) with India and UAE further strengthens the trade relations of both the countries.

For Indians, Dubai, UAE is a second home with many relatives and friends in the region. So, many are shifting their base to Dubai by opening a branch office of their Indian Company.

Also, there are numerous reasons for Indians to open a branch office in Dubai. The improved trade and commerce opportunities, absence of import duty in Free Zones, the favourable taxation, business friendly rules, etc.

How can an Indian Company Open a Branch Office in Dubai?

An Indian Company to open a branch office in Dubai must follow certain procedures. Most importantly, it is the parent company document attestation. The Parent Company must attest their company document from the UAE Embassy in India. 

The parent company documents include the company’s incorporation certificate, article of association, and memorandum of association. Additionally, in requirement of a power of attorney, notarize and attest it also from the UAE Embassy in India.

The shareholders must send the attested documents to UAE for the Ministry of Foreign Affairs (MoFA) Attestation. Furthermore, submit these documents to the respective trade license authority in the Emirate. 

So, there are numerous steps involved in the opening of a branch office of an Indian Company in Dubai. Hence, it is advisable to get in touch with a trusted Business Setup Consultants such as AURION. They have in depth knowledge about the company setup operations in the UAE.

Steps to Establish Branch of Indian Company in UAE 

To establish a branch of India Company in the UAE Mainland, the investor must proceed with their company registration process. They can go ahead with the respective Department of Economic Development (DED) of the Emirate for processing the trade license.

The steps involved in opening a branch office in UAE in Mainland and Free Zone are almost similar. However, the major difference being the change in Licensing Authority.

1. Steps to Establish Branch of Indian Company in UAE Mainland

In the Mainland, it is the Department of Economic Development, the licensing authority that issues the trade license for the branch office. So, to obtain the Trade License, submit the shareholder details and the attested parent company documents to the authority for review.

Additionally, as it is a branch office setup, the shareholders of the parent company in India must also pass a board resolution stating the opening of a branch company in Dubai and appointing a director who is available in UAE to manage the branch office. 

Also, the board resolution must be attested by notary and from UAE Embassy in India, then send it to the UAE for the MoFA attestation. All company documents in India must be notarized before sending it for UAE Embassy Attestation in India to avoid any rejections.

Furthermore, these attested company documents, shareholder details must be submitted to DED Mainland Authorities for review. After making the payment and conducting a review, the licensing authority will issue the branch office license in UAE from the Mainland. 

2. Steps to Establish Branch of Indian Company in UAE Free Zone

So, now when it comes to establishing a branch of an Indian Company in a UAE Free Zone, the steps are almost similar with the only change being the Licensing Authority will be the respective Free Zone.

Also, the branch company in the Free Zone will have all the compliance requirements as per the Free Zone business regulations. The Free Zone branch office will act as a representative or sales office for the parent company in UAE.

Depending on the nature of business operations the branch office can function accordingly. They can hire local employees, appoint a Director, import-export goods to the UAE and more. The Free Zone Branch company can perform all operations as stated in the Trade License.

For establishing an Indian Company Branch Office in UAE Free Zone, the attested parent company documents ( UAE Embassy and MoFA Attested) must be submitted to the Free Zone Authority for review.

Furthermore, make the fee payment and obtain the new Branch Office License from the Free Zone in UAE. When it comes to choosing the right Free Zone, there are various aspects to consider for the business owner.

Depending on their business activity, office/warehouse space requirement, proximity to Seaport/Airport, overall company setup cost, and more,the business owner can decide on which Free Zone to go about.

Benefits of Setting up an Indian Company Branch in Dubai

There are numerous benefits for the business owner in setting up an Indian Company branch in Dubai. For Indians, Dubai holds a special place in their heart as they have many acquaintances here in the city. Moreover, Dubai offers several business benefits for the indian investors such as 

  • World Class Infrastructure and Business Ecosystem to grow the business to international level
  • Business Support from the Free Trade Zones and Department of Economic Development 
  • The Business Friendly Trade Agreements such as the CEPA that promotes bilateral trade
  •  Favorable Taxation Policies, e-Governance, ease of doing business in the region
  • Well connected by roads, airport/Seaport Cargo Handling Capacity, growing trade and commerce destination of the world 
  • Luxurious living, soaring property prices, digital and technological advancements 
  • Partnership and collaboration with top-class companies across various industrial sectors, and more

Cost of setting up an Indian Company Branch Office in Dubai

There are various factors that depend on the cost of setting up an Indian Company Branch office in Dubai. However, approx. for a branch office in Dubai Mainland, the cost is AED 28,000 for a trade license with virtual office type setup. When office space requirement, location priority, employment visa, etc., adds on, the cost of setting up a branch office will go up significantly.

Similarly, for opening a branch office in a Free Zone, the cost starts from approx AED 14,900 for a 1 year license with 1 visa quota. The office space, employment visa requirements, etc., adds up to the over cost. Our team of expert Business Consultants will guide you with the right choice of Free Zone at the lowest cost. 

How AURION setup your Indian Company Branch office in Dubai?

AURION is a renowned business setup consultants UAE with more than 17 years of Business Expertise. The team will guide the business owners with the right steps to open a Indian Company Branch Office in Dubai. 

Starting from the document attestation, document submission, to setting up the office in the Free Zone or the Mainland; the team is always here to guide you with the right advice at all instances.

Connect with our expert Business Consultants right away to know more about opening an Indian Company branch Office in Dubai.

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Delivery Service Company License in Dubai [ 2024 Guide] https://www.dubaifreezonecompany.com/blog/2024/05/21/delivery-service-company-license-in-dubai/ Tue, 21 May 2024 07:11:12 +0000 https://www.dubaifreezonecompany.com/blog/?p=3449 The population in UAE is expected to increase in many folds in the coming years. The country is receiving a huge influx of expat migration and so the demand for Online Delivery Service is soaring high. This article provides an outline of the scope of delivery service licenses in Dubai and the business implications. There is an immense demand for...

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The population in UAE is expected to increase in many folds in the coming years. The country is receiving a huge influx of expat migration and so the demand for Online Delivery Service is soaring high. This article provides an outline of the scope of delivery service licenses in Dubai and the business implications. There is an immense demand for delivery services in Dubai, UAE.

Several large and small companies have a wide range of products and services that are dependent on third-party delivery services for its distribution. There are many factors such as technological advancement, rise in disposable income, Internet penetration, more acceptance of online shopping, etc., are driving the positive demand for delivery services in Dubai, UAE.

What is a Delivery Service Company License in Dubai?

A delivery services license in Dubai is the legal document that will enable an entrepreneur to legally operate a delivery service company in Dubai. There are various cost-effective options to choose from for obtaining a delivery service license in Dubai.

Also, various business owners can obtain a Delivery Service License in Dubai. They can go with the respective Department of Economic Development (DED) of the Emirates. Alternatively, they can go ahead with the Free Trade Zones in UAE.

delivery service license in dubai

The Delivery Services License in Dubai will help the investor to carry out home delivery services and take corporate orders for document collection, file storage, gift delivery, and more.

What is the Scope of a Delivery Service Company in Dubai?

A Delivery Services Company in Dubai mainly handles a few operations relating to the goods delivery. They can work with partner corporates to deliver the goods and services of the parent company.

Similarly, by obtaining a delivery services license from Dubai, they can work independently for end-customers to deliver flowers, gifts, food items, online shopping products, personal documents, and more.

The scope of operations for a delivery services company in Dubai is huge. They can effectively expand to newer areas of delivery services by leveraging technology and manpower that is available in the region.

Things to consider for a Delivery Service Company in Dubai?

There are a few aspects to consider for a delivery services company before launching their operations in Dubai. The success of a delivery service company largely depends on manpower, technology and customer service.

These three are of paramount importance for a delivery services company in any part of the world to achieve their desired goals. Dubai is a populated city with numerous business and individual requirements, and the operational scalability of a delivery service company is enormous.

Delivery Services Company in Dubai

The delivery services license in Dubai opens up enormous business opportunities for the investor. They must invest in developing a robust mobile application for the customers and delivery agents to communicate effectively.

Also, set up top-class customer service support for attending to all the customer queries, and train the manpower and the delivery agents with all the latest techniques. Compliant handling remains a very important aspect of a delivery services company.

What are the procedures to get a Delivery License in Dubai?

To obtain a Delivery Services License in Dubai there are certain steps to follow. The process is very straightforward and similar to any other common business license in Dubai. Also, there is no additional approval required for issuing the Delivery Services License in Dubai.

However, to manage the delivery fleet and branding, the investor must obtain approval from the Dubai Municipality. Also, RTA permits for driving Delivery Bikes and Vans to carry goods around the UAE.

The steps to obtain a Delivery Services License in Dubai are the following

  • Choose the right business jurisdiction and select the right business activity
  • Get the company name approval and collect the documents of the business owner
  • Submit the passport copy, photograph of the investor and other documents to the licensing authority
  • Prepare the tenancy contract for the office space or warehouse for the delivery service office
  • Wait for the document review by the licensing authority, make the fee payment and obtain the Delivery Services License from the authorities.
  • Proceed to take a UAE residence Visa and Bank Account for the Delivery Services Company in Dubai

How to the Delivery Services Company Operate in Dubai?

Along with the setting up of the Delivery Services Company. The Fleet Management and technology infrastructure are important aspects of consideration. Above all, it is the delivery agents. Also, a robust payment system is essential for facilitating the transactions.

So, for fleet management, the business must acquire the vehicles as a lease or buy from a dealer. Motorbikes, Delivery Van, cars, etc. For the branding, they must get approval from the Dubai Municipality and a vehicle permit from the RTA, Dubai.

Delivery Service License in Dubai

Each Delivery van, Bike, and Car must be fitted with the Smartphone and must have the Delivery Application. It will help the Delivery Service Agents to connect with the customer, activate their location search, facilitate online payments, collect returns, and more.

Similarly, Customer Service is another key component in a Service Delivery Company. They will be receiving numerous calls for order tracking, requesting refunds, product cancellations, and many other concerns.

So, a 24/7 fully operational customer support centre is required to tackle customer complaints instantly and address them effectively. It will add to the trust and credibility of the online service delivery platform.

Who are the Customers of a Delivery Service Company?

The Delivery Service Company will have numerous business-to-business companies that can utilize the services. Several large companies in Dubai require a robust delivery service to ship their products and services to the end customers more efficiently.

The enormous scalability for a Delivery Services Company. With its fleet of vehicles, delivery agents and a fully operational call centre, the scope of its operation is huge. It is an interesting and profitable business model that can be easily scaled up to new geographies.

Large and small hotels, online shopping websites, flower shops, Corporations, banks, Pharmacy, and more can utilize the services of the Delivery Company in Dubai.

How Aurion will help?

AURION will guide the business investors in setting up their Delivery Services Company without any hassle. The team will work with you to obtain the Delivery Services License in Dubai in the most cost-effective and hassle-free way.

Starting from choosing the trade name for your company to establishing an office space, and processing the investor’s and employees visas, the team will handhold you in all stages of operations.

Connect with our expert team of Business Consultants to learn more about obtaining a Delivery Services Business License in Dubai right away!

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How to get an Event Management License in Dubai? https://www.dubaifreezonecompany.com/blog/2024/01/11/how-to-get-an-event-management-license-in-dubai/ https://www.dubaifreezonecompany.com/blog/2024/01/11/how-to-get-an-event-management-license-in-dubai/#comments Thu, 11 Jan 2024 12:53:01 +0000 https://www.dubaifreezonecompany.com/blog/?p=3137 The Events and Entertainment Sector in Dubai is witnessing heavy growth in business. More exhibitions, events, concerts, and business meets are lined up in Dubai for the coming years. So, taking an Event Management License in Dubai is a win-win for the investor to tap the upcoming market opportunities. There is immense potential for an Event Management Company in Dubai....

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The Events and Entertainment Sector in Dubai is witnessing heavy growth in business. More exhibitions, events, concerts, and business meets are lined up in Dubai for the coming years. So, taking an Event Management License in Dubai is a win-win for the investor to tap the upcoming market opportunities.

There is immense potential for an Event Management Company in Dubai. Having an Event Management License will help in hosting several mega events in prime locations of Dubai.

Dubai is always at the forefront when it comes to celebrations and events. The Expo 2020 was a huge success with more than 20 million visitors coming to Dubai over six months. Dubai will be the center stage for more exhibitions and expos in the future.

Event Management in Dubai – Things to know

Big Brands, Media Houses, Movie Companies, and Businesses, are always on the lookout for a dynamic Event Management Company in Dubai for hosting and managing their shows in the city.

The City offers a top-class infrastructure for hosting mega-events. The Expo 2020 venue, the Dubai World Trade Center Halls, The Coco-Cola Arena, Etisalat Ground, Al Nasr Stadium, etc., host multi-starter entertainment, sports, and business events for almost every month in a year.

Event Management License in Dubai

So, an Event Management Company is a profitable and attractive business sector to dive into for entrepreneurs. Especially, for professionals who have experience in the event management field, there is no other good time to get an event management license in Dubai.

They can seamlessly start operating their company in Dubai with the help of Aurion. Our team will guide you in the complete process of obtaining an Event Management License in Dubai for your new company.

Why Choose Dubai For Setting up an Event Management Company?

Dubai is the right place for setting up an Event Management Company. There is immense demand for Event Management Services in the city. For companies looking to conduct corporate events, company meetings, roadshows, trade shows, entertainment programs, etc., it is best to outsource the event management and operations to an expert company.

It will help in avoiding mistakes and losing reputation in the public for the company. The event management company will be professional in managing and conducting the complete event effectively. Dubai provides some of the best venues for conducting events. Also, the setting up process of an event management company is easier and more cost-effective in Dubai.

Where to Set up an Event Management Company in Dubai?

The Event Management Company can be set up in either of the business jurisdictions – The Free Trade Zones or the Mainland. There is no mandatory requirement of having an office space for starting an Event Management Company.

However, to gain a reputation and connect with high-profile clients and corporates in the UAE. It is best advisable to take up an office space in a strategic location in the Mainland of Dubai or any of the Free Trade Zones.

Event Management License in UAE

There is 100% foreign ownership in the Mainland of Dubai, and the Event Management License can be obtained from the Dubai Economy and Tourism Department. Alternatively, the business owner can also set up their event management company in the Free Zones of Dubai.

Either way, the business owner must apply for an electronic Permit to conduct an event in Dubai. The permit can be obtained online from the Dubai Tourism Commercial Marketing (DTCM). The details of the event, organizer, venue confirmation letter, audience size, event details, etc., must be communicated with the authorities.

Benefits of starting an event management company in Dubai

Obtaining an Event management License in Dubai is a hassle-free process and involves minimal approvals. The business owner has to apply for a management license (Services) with the Free Zone or the Mainland of Dubai.

They must choose the right business activities that can be added to the event management service license.  Expert Business Consultants at AURION will coordinate the complete process of setting up an event management company in Dubai.

The business owner can easily start their business operations with minimal business investment. They can start with small business meetups, office parties, corporate events, etc., and then expand their reach.

Dubai’s Event Management Infrastructure and Support System

Dubai has the best infrastructure to host any kind of event. Depending on the event size, there are numerous venues in the city. There is no requirement of having an office space, the business owner can coordinate the events from anywhere they are available.

The availability of support systems such as logistics, photography, stage decor, music system renting, media coverage, etc., are commendable. It will help the event management company to deliver enhanced client experience seamlessly.

Also, Dubai has the best crowd for events of any size. There are multinational audiences with diverse interests in the city. So, it is a perfect place to host gala events, musical nights, award shows, etc., on a large scale.

Cost of Setting up an Event Management Company in Dubai?

The Cost of Setting up an Event Management Company in Dubai varies from around AED 14,900 to AED 20,000. The Free Zones in Dubai offer a Single Visa quota event management company license starting from AED 14,900.

Similarly, for the Mainland in Dubai, a single-owner event management license cost will be around AED 20,000.  Depending on the visa requirement, office rent, etc., the cost of setting up an event management company will vary.

Event Management Company in Dubai

The steps involved in obtaining the Event Management License in Free Zones and Mainland are almost similar. The process starts with choosing the business activities and trade name. Then, select the business jurisdiction – Free Zone or Mainland.

Submit the business owner’s passport copy and photograph, and make the fee payment for obtaining the Event Management License in Dubai.

The licensing authority will review the application and issue the Event management License to the business owner. Now, they can legally conduct business in the UAE.

Depending on the event’s calendar, apply for the e-Permit from

(DTCM). The permit is necessary for conducting an event in Dubai for the public.

To learn more about starting an Event Management Company in UAE, connect with our expert team right away!

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How to Open a Forex Trading Company in Dubai? https://www.dubaifreezonecompany.com/blog/2023/11/17/how-to-open-a-forex-trading-company-in-dubai/ https://www.dubaifreezonecompany.com/blog/2023/11/17/how-to-open-a-forex-trading-company-in-dubai/#comments Fri, 17 Nov 2023 04:57:17 +0000 https://www.dubaifreezonecompany.com/blog/?p=2562 Dubai is transforming into the world’s financial capital and a Fin-tech hub. The business investment options and financial services in the region are top-notch. Currency Exchange is one of the major financial services in Dubai that is in high demand. There are many business benefits from opening a Forex Trading Company in Dubai. There is an immense demand for Forex...

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Dubai is transforming into the world’s financial capital and a Fin-tech hub. The business investment options and financial services in the region are top-notch. Currency Exchange is one of the major financial services in Dubai that is in high demand. There are many business benefits from opening a Forex Trading Company in Dubai.

There is an immense demand for Forex Trading Companies in Dubai. It involves buying and selling of Currency and currency exchange is having a large audience base in the UAE.

Forex Trading is a regulated market in Dubai. Only with a valid trade license, the shareholders can operate a Forex Trading Company in the region. Individuals can avail of forex trading services via renowned Currency exchange Platform providers in Dubai.

What is a Forex Trading Company in Dubai?

Forex Trading is a network of buyers and sellers that transfer currency at an agreed price. The global markets are volatile and currency fluctuations are inevitable. So companies, individuals, banks, etc., indulge in forex trading to gain profits during the currency variations.

A forex trading company in Dubai will connect customers with international banking networks via an online platform. The forex market includes a global network of banks, spread across four major forex trading centers in different time zones.

Forex Trading Company in Dubai

It is the London, New York, Sydney and Tokyo. The trade happens 24 hours a day for 5 days. Most common currency pairs are of USD/ EUR, USD/ GBP, and USD/ JPY.

For the currency pair USD/EUR, it is the currency on the left (USD) is the base currency and the right is the quote currency (EUR). So, the exchange rate determines the value of the ‘quote currency’ requirement to purchase 1 unit of base currency. (quote currency rate varies as per current market).

How Forex Trading Work?

There are seven currency pairs that account for about 75% of trading in the forex market. Major currencies are the Japanese Yen (JPY), British Pound (GBP), Australian Dollar (AUD), Canadian Dollar (CAD), Swiss Franc (CHF), and New Zealand dollar (NZD).

The Forex Trading Company in Dubai will initiate the trade for their customers in three main ways. There are three options available –

  • On-the-spot basis
  • Agree on the amount and lock it up for a forward date in anticipation that the currency rate will have a positive impact.
  • Buy currency pairs on a future date

The Forex Traders will carry on the Trade as per the investor’s specification and the currency pairs the investor chooses.

Also, there are only a low number of Retail investors or individuals doing Forex Trading due to the high-risk factors. Professionals, banks, fund houses, etc., operate Forex Trading to hedge their returns from currency fluctuations.

Steps in Setting Up a Forex Trading Company in Dubai

Dubai is a perfect place for setting up a Forex Trading Company. Dubai is a meeting point of the East and the West. Also, it is home to more than 200 nationalities. So, currency exchange and forex trading are much more relevant in the financial market of Dubai.

Setting Up a Forex Trading Company

Opening a Forex Trading Company in Dubai is a prospective business idea. Many financial and technology companies set up their branches in Dubai. The financial landscape of Dubai is growing at a dynamic pace.

The entrepreneurs can easily set up a Forex Trading Company in Dubai with the assistance of expert Business Consultants such as AURION.

There are a few steps for obtaining the forex trading license. It is a highly volatile marketplace and is under the purview of the Central Bank of UAE. Forex Traders initiate the Currency Trading through a network of international banks operating across the world.

Investors can setup a Forex Trading company in Dubai either on the Dubai Mainland or any of the Free Trade Zones in Dubai. The entrepreneur who wants to offer Forex Trading Services must obtain the Services License with a specific business activity.

Where to Apply for a Forex Trading License in Dubai?

Forex Trading License in Dubai is available from any of the Free Zones or the Dubai Economy (Dubai Mainland). The Forex Trading License in Dubai is available through the Free Zones such as Dubai International Financial Center (DIFC) Free Zone and Dubai Multi Commodities Center (DMCC).

There is a requirement of special approval from the regulatory authority for processing the Forex Trading License in Dubai.

Forex Trading Company in UAE

Also, the entrepreneur must connect with a Brokerage firm to connect with the global markets to start their business operations on full full-fledged basis.

After the review of the application and approval by the authority, the respective business licensing authority will issue the Forex Trading License to the entrepreneur. Now, the investor can start working on their forex company in the UAE instantly.

Why Set Up a Forex Trading Company in Dubai?

There are many advantages to setting up a Forex Trading Company in Dubai. It offers flexibility, easy business setup, security, and, credibility.

Setting up a Forex Trading Company in Dubai will offer the entrepreneurs ample flexibility in terms of doing trade operations. Conduct Forex Trading at any time, anywhere, and without a lot of effort.

It is all done electronically with a laptop or a mobile and an internet connection. The trader with a sound knowledge of the Forex Market can remotely work for their clients and gain profits out of the trade.

There are very minimal clearances in Dubai to obtain the Forex Trading License. The Regulatory Authority will approve the license and the investor must apply for the license through Free Zones or the Dubai Mainland.

The process of applying for the Forex Trading License is straightforward. Expert business consultant such as AURION will assist in the end-to-end setup process of the Forex Trading License in Dubai.

To learn more about opening a Forex Trading Company in Dubai, connect with our expert Business Consultants 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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How to Start a Manpower Supply Company in the UAE? https://www.dubaifreezonecompany.com/blog/2023/09/17/how-to-start-a-manpower-supply-company-in-uae/ https://www.dubaifreezonecompany.com/blog/2023/09/17/how-to-start-a-manpower-supply-company-in-uae/#comments Sun, 17 Sep 2023 17:26:21 +0000 https://www.dubaifreezonecompany.com/blog/?p=2502 Starting a Manpower Supply Company in the UAE is a prospective business idea. There is a growing demand for meeting the large staffing requirements prevailing in developed and developing countries. A Manpower Supply company in UAE provides staff to large enterprises to meet the workforce requirements at all levels. Starting from ground-level workers such as in a factory assembly line...

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Starting a Manpower Supply Company in the UAE is a prospective business idea. There is a growing demand for meeting the large staffing requirements prevailing in developed and developing countries.

A Manpower Supply company in UAE provides staff to large enterprises to meet the workforce requirements at all levels. Starting from ground-level workers such as in a factory assembly line or a manufacturing unit to high-level software programming and Customer Service Centers, there is a growing demand for Contract Employees.

Manpower Supply Company in UAE – Highlights

Large enterprises find outsourcing the staff of certain functional areas to Manpower Supply Companies more feasible than employing in-house staff. The Manpower Supply Company will source the staff and fulfill the enterprise’s productivity requirements.

Additionally, some industries require large manpower with skilled expertise (Blue Collar Workers Mostly). Industries such as manufacturing, oil and gas, hospitality, wholesale, retail, etc. Companies seek assistance from Manpower Supply Company to meet their recruitment requirements.

Manpower Supply Company in UAE

Many Companies in the UAE look for trusted Manpower supply providers to fulfill their hiring requirements. Most companies do not want to take the risk of making a wrong hire and losing money and time in the long run.

Scope a Manpower Supply Company in the UAE

Furthermore, many companies will require manpower to complete short-term and long-term projects. These employees will be on contract for the project and will be talented in certain professions such as engineering, consulting, software development, and more.

Manpower Supply companies that can match the company’s requirements with the right staffing solution will have a win. There are huge opportunities for Manpower supply companies as there is a rising demand for ground-level staff across large management groups.

So, the scope of a Manpower Supply company is vast and depends on the specific requirements of the recruiter or the company.

How to set up a Manpower Supply Company in UAE?

A Manpower Supply Company can be set up in UAE in the Free Trade Zones or the Mainland of UAE. Depending on the business requirements, the investor can choose their business location in UAE.

To start the Manpower Supply Company with ease, going ahead with a comprehensive package from any of the Free Trade Zones in UAE is advisable.

Setup a Manpower Supply Company

The Free Zones in UAE will provide all-inclusive packages for investors to easily set up a Manpower Supply company. The customized office spaces, availability of advanced business infrastructure, business governance, business networking events, etc., the Free Zone offer to the investor makes it the perfect choice for foreign investors.

Steps in Setting up a Manpower Supply Company

A new Manpower Supply company can be set up in the Free Zones of UAE at a minimal cost and by following a few easy steps.

1. Choose the right Free Zone

There are numerous Free Trade Zones in UAE and almost every Free Zone offers a Manpower Supply License to the investors.

Expert Business Consultants at AURION will study your precise business requirements and advise the right Free Trade Zone for your company.

2. Choose the right Business Activity

The investor must choose the right Business Activity to add to the Trade License. It is important to choose the list of related business activities to Manpower Supply while applying for the Trade License.

3. Submit the Required Documents

To obtain the Manpower Supply Business License from the specific Free Zone authority, they must submit a few documents.

The investor must fill up an application form, and provide shareholder details, a passport-size photograph, a passport copy, a short business profile, etc., to the Free Zone authorities.

The investor must choose the right business activities and include the same in the application form. Also, submit the required supporting documents for review.

4. Take an Office Space

Look for the right office space available at the Free Trade Zone. There are different types of offices available in the Free Zones. Ranging from Shared Desk to Executive Offices, the Free Zones in UAE have a variety of Office Spaces.

Choose the right office space for your Manpower Supply Company and prepare the Tenancy Contract accordingly. Decide on the Visa Quota and minimum office area requirements before proceeding with office space for your company.

5. Make the Fee Payment

Depending on the chosen company package, business activities, office space facilities, etc., make the required fee payment to the Free Zone authority.

6. Obtain the Manpower Supply License

Collect the Manpower Supply Business License from the Free Zone authority and start operating the business in UAE without any hassle.

Our Expert Business Consultants at AURION will guide you with the Bank Account Opening as you receive the new Trade License.

Manpower Supply Company License in UAE

The Manpower Supply company License in UAE will allow the company to supply Manpower to other companies operating in UAE based on their project requirements or for a fixed time.

For example, companies in the cleaning services industry, real estate and construction, healthcare services, retail, facility Management, etc., will require staff for short-term projects or a specific duration of the contract.

Manpower Supply Company vs. Recruitment Consultancy in UAE

The Manpower Supply License is different from the Recruitment Consultancy License. The Recruitment Consultancy is mostly on matching the candidates with their employers for both short-term and long-term contracts.

The activities include interview preparations, facilitating interviews, conducting interviews, etc., for a Recruitment Consultancy

Manpower Supply Business

So, for Manpower Supply Companies, the type of employees or candidates are mostly blue-collar or skilled workers for assembly lines, staff in large food manufacturing plants, hospital cleaning staff, and more.

Also, there are also talented professionals in sales, software, customer service, hotel management, etc., that Manpower Supply companies provide to employers on a contract and full-time basis.

So, in a nutshell, there is immense opportunity in starting a Manpower Supply Company in UAE for the investor.

Connect with our expert Business Consultants right away to learn more about the steps in starting a Manpower Supply Company in the UAE.

Contact Us: Aurion Business Consultants

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What is a Holding Company in UAE? https://www.dubaifreezonecompany.com/blog/2023/09/06/what-is-a-holding-company-in-uae/ https://www.dubaifreezonecompany.com/blog/2023/09/06/what-is-a-holding-company-in-uae/#comments Wed, 06 Sep 2023 17:20:00 +0000 https://www.dubaifreezonecompany.com/blog/?p=2509 A Holding Company in UAE is an establishment that will act as a parent company for its subsidiaries and branch companies. The Holding Company will not be involved in any income-generating activity. They will only manage, monitor, and retain ownership of the assets of their branch companies. A holding company in UAE will be acting like a headquarters and will...

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A Holding Company in UAE is an establishment that will act as a parent company for its subsidiaries and branch companies. The Holding Company will not be involved in any income-generating activity.

They will only manage, monitor, and retain ownership of the assets of their branch companies. A holding company in UAE will be acting like a headquarters and will have only administrative functionalities.

The Holding Company will have a board of directors who will decide on the shareholding pattern across the subsidiary companies. Also, they will have provisions to decide on strategic plans such as a merger or sale of a subsidiary or asset, etc.

Opening a Holding Company in UAE – Highlights

A holding Company in UAE can be opened in Free Zones and also in the Mainland. As per Commercial Company Laws, there are certain requirements for opening a Holding Company. The lowest Cost of Opening a Holding Company in any of the Dubai-based Free Zone is around AED 14,900 with a one visa quota.

Across the Free Zones and in the Mainland, the requirements are almost similar for opening a Holding Company. Firstly, the company must have subsidiaries and branch companies to manage.

Holding Company in UAE

A holding company can also be registered without a subsidiary subject to certain approvals from the licensing authority.

For example, for real estate ownership, Intellectual Ownership, financial investments, etc., a holding company can be set up without the subsidiary or branch companies in UAE subject to approval.

Benefits of Opening a Holding Company in UAE

The Holding company will only own the subsidiary company and its assets. The management, operations, and income generation are all by the subsidiary company itself. The parent company or holding company will not intervene in any operational parameters of the company.

Holding companies are not permitted to conduct any form of business activities that earn revenue. Activities such as selling, manufacturing, importing and exporting, directly managing assets, etc., must be handled by the subsidiary company only.

Generally, there is an increasing demand for opening a holding company in the UAE from foreign investors having branches and subsidiaries all over the world. It is driven by the many benefits of setting up a Holding Company in the UAE.

Following are a few of the benefits for the investor from opening a Holding Company in UAE.

1. Effective Tax Structuring

A Holding Company in UAE is an effective way of Tax Structuring and protecting the Company Assets. The parent company will have almost 100% control over the company’s resources and assets.

Also, Holding Companies are becoming more popular with the introduction of a 9% Corporate Tax in the UAE. Hence, any restructuring of business must not be aimed at saving tax.

Additionally, opening a Holding Company in the UAE is an intelligent way to channel the company’s wealth and assets to secure them.

2. No Intervention in Business Operations

There is no intervention of the holding company in any of the business operations of the subsidiaries or branch companies. They all operate at their levels and are governed by their leadership teams.

3. Complete Ownership of Shares

A holding company can hold 100% shares of all its subsidiary companies and also own the assets. The Ownership of all the subsidiaries vests with the Holding Company.

Thereby, the investor can limit their losses in case one of the subsidiaries is not performing well. The management of the subsidiary must absorb the losses and there will not be any funding from the Holding Company to the subsidiary in most cases.

4. Own Multiple Lines of Business

By having a Holding Company the investor can effectively own and manage multiple lines of business. Often business activities will be very diverse and will have multiple business licenses such as services, manufacturing, education, etc.

For example, if a business wants to run an educational training centre, offer business consulting services, and enter into the foodstuff manufacturing business. They will have to opt for multiple business licenses and operate the business lines.

Holding Company in Dubai

So, a holding company will help them to manage all the company assets of their business lines together as a single one. Also, retain the brand name and logo across multiple business lines.

5. Residence Visa and Bank Account

A holding company in UAE is similar to another other company structure. Hence, there is a provision for Zero visas to up to 6 visa quotas or more depending on the Free Zone or mainland.

The holding company can have their visas for employing staff for the head office. Also, the holding company can open a corporate bank account with the business license they have in UAE.

Process of Setting up a Holding Company in UAE

The process of setting up a Holding Company in the UAE is similar to any other company opening process. However, there are a few steps to follow to set up a holding company in the UAE.

1. Choosing the right company structure and business location

The first step in setting up a Holding Company in UAE is to decide on the shareholding structure and no of shareholders/board of directors in the company. Then choose the right business jurisdiction – Free zone or Mainland.

It also depends on the nature of business activity, shareholder preferences, and business requirements.

Opening a Holding Company in the UAE Free Zone vs Mainland

For international trading companies with Free Zone subsidiaries; having a Free Zone holding Company is advisable. Similarly, if the holding company is created for ownership of intellectual property, financial assets, property purchases, etc., a Free Zone seems an ideal choice.

Consequently, for businesses that have a strong presence in the mainland such as hotel chains, retail outlets, trading companies, etc.; it is best to get a holding company opened in the UAE Mainland for easy management and monitoring of the assets.

2. Meeting the requirements

For opening a holding company in UAE, there few requirements set by the licensing authorities. The company structure between the holding company and the subsidiary company must be legitimate. Also, there are a few more requirements to be fulfilled such as:

  • Subsidiary companies must have adequate substance to prove they are having real business operations in the UAE.
  • Holding company must have a director board for making policies for all its subsidiaries. Also, the subsidiaries must have directors, employees, and office activities in the UAE.
  • Furthermore, the subsidiary company must maintain ample capital to operate sustainably, there must be proper contract and service level agreements for knowledge transfer, intra-group services, arms-length pricing, etc.
  • The director board must provide the right guidance and directives to subsidiary companies timely to avoid loss in operations.

3. Submitting the documents and Making the Fee Payment for Holding Company License in UAE

Once the company structure is formulated, submit the required shareholder details, a short business profile, investor details, subsidiary and branch details, etc., to the licensing authority for review.

Make the required fee payment along with the document submission. After the review process, within 3 to 4 working days the investor will receive the Holding Company License in UAE.

At this stage, the investor can also take an office space for their holding company. The Free zones have special packages for holding company formation with an office space. AURION will assist you with setting up the holding company with an office space in UAE in the most hassle-free way.

Opening Holding Company in UAE

Once the Holding Company License is obtained by the investor, they can proceed to open a corporate bank account. They can also process the required employment and investor visas ( if required) depending on their selected company package.

Opening a Holding Company in UAE will help investors for any future expansion into franchises and branches, as the holding company structure is ideal for better asset administration and management.

Similarly, there are many advantages such as tax savings, internal employee transfers, better control of assets, and more.

To know more about opening a Holding Company in UAE, connect with our expert Business Consultants right away!

You might also be interested in reading this article, Family Offices in UAE.

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