Company Formation in Dubai Archives - AURION Wed, 29 Jan 2025 06:09:22 +0000 en-GB hourly 1 https://wordpress.org/?v=6.6.2 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...

The post Start a Representative Office in Dubai appeared first on AURION.

]]>
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.

The post Start a Representative Office in Dubai appeared first on AURION.

]]>
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....

The post Indian Branch Office Registration in UAE – Things to Know appeared first on AURION.

]]>
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.

The post Indian Branch Office Registration in UAE – Things to Know appeared first on AURION.

]]>
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...

The post Delivery Service Company License in Dubai [ 2024 Guide] appeared first on AURION.

]]>
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!

The post Delivery Service Company License in Dubai [ 2024 Guide] appeared first on AURION.

]]>
Reverse migration from the UK, US, and Canada to the UAE – What to Know? https://www.dubaifreezonecompany.com/blog/2024/04/01/reverse-migration-from-the-uk-us-and-canada-to-the-uae-what-to-know/ https://www.dubaifreezonecompany.com/blog/2024/04/01/reverse-migration-from-the-uk-us-and-canada-to-the-uae-what-to-know/#comments Mon, 01 Apr 2024 06:48:32 +0000 https://www.dubaifreezonecompany.com/blog/?p=3402 UAE is an investor’s paradise and there are numerous business opportunities in the ever-expanding landscape of the country. In the recent times, UAE is witnessing a pattern of reverse migration from countries such as the UK, the US, and Canada. This article highlights the reasons why many business entrepreneurs and individuals are moving back to the UAE from other countries. ...

The post Reverse migration from the UK, US, and Canada to the UAE – What to Know? appeared first on AURION.

]]>
UAE is an investor’s paradise and there are numerous business opportunities in the ever-expanding landscape of the country. In the recent times, UAE is witnessing a pattern of reverse migration from countries such as the UK, the US, and Canada.

This article highlights the reasons why many business entrepreneurs and individuals are moving back to the UAE from other countries. 

UAE has a diverse business ecosystem with super-efficient government, business-friendly policies, top-notch public safety, a luxurious lifestyle, and more. It is a hub for business professionals, millionaires, job seekers, and more. 

Why Choose UAE for Reverse Migration?

Lately, UAE is receiving back many of its previous residents who have moved to Canada, the US, and other countries for different reasons. Many of them are returning to the UAE to make it their permanent home. There are many reasons for the reverse migration. 

The most important reasons are the high taxes, rising prices of commodities, rent, property prices, and dwindling business opportunities. UAE’s business landscape is very mature now with almost 45 plus Free Trade Zones and the Department of Economy of the seven Emirates supporting the business growth. 

Reverse Migration to UAE

Also, there are numerous reasons why UAE is the perfect choice for business professionals and individuals who are seeking greener pastures for them to settle down with long-term goals.

The growing business opportunities, technology adoption, large addressable audience, business-friendly policies, Free Trade Zones, Golden Visas, easy property purchase, favorable taxation policies, and more. 

Common Reasons for Reverse Migration from Canada, the UK, and the US

The higher taxation rates are the major factor that is making the residents in Canada, the UK, etc., move to the UAE. Furthermore, the cost of living, rent expenses, cost of purchasing a property, good health care access, etc., are a few more reasons to look for a haven for many business professionals and entrepreneurs. 

Additionally, the long winters and lack of business opportunities to expand are another major concern. The addressable market in developed countries such as Canada, the US, UK are becoming more price-conscious. Also, the consumer market is being hit hard by inflation. 

Furthermore, job opportunities are also becoming stagnant, and the government is finding it challenging to manage the large influx of migrants through various pathways. Educational institutions are also experiencing a downfall due to a lack of job opportunities for graduates.

Why are previous UAE Residents Returning?

Expats from India, Pakistan, and other South Asian Countries come to the UAE for short-term work on work visas. They mostly come and work for a period of 2 to 5 years for a company and return to their home country or migrate to countries such as Canada, the UK, etc. 

These expats who were once residents of the UAE are now considering coming back to the UAE to settle down here. It is due to the growing business opportunities in UAE and Asian Countries. Dubai real estate is growing at a fast pace and there is an enormous growth opportunity for real estate in the UAE. The country can expand to the sea and the desert. 

Dubai real estate

So, expats and nationals living in countries such as Canada, the UK, and the US are investing heavily in properties in the UAE. They can benefit from the rental income and as well enjoy the numerous lifestyle options, business reach, and social life in the country.

Additionally, the residents living in Canada pay almost 40-50% of their income as taxes. On top of that, the lifestyle is simple, and day-to-day expenses are very high. On the contrary, in the UAE, there is no personal income tax.

Also, the lifestyle and accessible services in UAE are top-class. Public transport, public safety, e-Governance, digital banking, and more. 

A millionaire’s paradise – United Arab Emirates 

UAE has become the favorite investment destination for all from around the world. More than 1,500 millionaires have moved from the UK to Dubai in the past decade, and the numbers are just going to increase in the coming years.

Dubai, UAE continues to maintain its appeal as an attractive destination for the wealthy. British billionaires may be attracted to the UAE because of financial services, healthcare, oil and gas, real estate, technology, etc. 

foreigners to UAE

Travel and tourism are very strong sectors that attract foreigners to the UAE. Along with that, the economic diversity of the region makes it a perfect choice for entrepreneurs. The Financial District in Dubai (DIFC), the Dubai Multi Commodities Centre (DMCC), the Dubai Airport Free Zone (DAFZA), etc., are world-class Free Trade Zones for entrepreneurs to easily launch and expand their businesses in the UAE. 

Additionally, the UAE has some of the most competitive tax rates in the world, along with Bermuda and Monaco. “The UAE has a world-class healthcare system and many expats choose to receive treatment there.” It is a safe place with a low crime rate and beautiful beaches.

Business Implication for UAE from Reverse Migration

There are many business benefits for the UAE from the Reverse Migration of its previous residents. It will contribute positively to the growth of the economy. There will be more real estate investments and new business registrations in the UAE.

The entrepreneurs and their families will settle in the UAE, they will enroll in the schools and universities in UAE. They will experience the vibrant city lifestyle of Dubai and natural locations of Ras Al Khaimah and more. 

Additionally, for expats from Asia, the UAE is always close to their hearts as it is a shorter flight to see their loved ones back home in India, Pakistan, etc. So, these expats will purchase property in the UAE and bring in their loved ones, they will travel to their home country together, etc.

Furthermore, the new company registrations from residents from Canada, the UK, and the US will boost the overall business landscape of the UAE.

Expert Business Consultants such as AURION will coordinate the complete process of company formation, visa application, emirates ID application, bank account opening, and more. Connect with our expert Business Consultants right away! 

The post Reverse migration from the UK, US, and Canada to the UAE – What to Know? appeared first on AURION.

]]>
https://www.dubaifreezonecompany.com/blog/2024/04/01/reverse-migration-from-the-uk-us-and-canada-to-the-uae-what-to-know/feed/ 1
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....

The post How to get an Event Management License in Dubai? appeared first on AURION.

]]>
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!

The post How to get an Event Management License in Dubai? appeared first on AURION.

]]>
https://www.dubaifreezonecompany.com/blog/2024/01/11/how-to-get-an-event-management-license-in-dubai/feed/ 1
How to Get a Car Wash License in Dubai? https://www.dubaifreezonecompany.com/blog/2023/10/23/how-to-get-a-car-wash-license-in-dubai/ https://www.dubaifreezonecompany.com/blog/2023/10/23/how-to-get-a-car-wash-license-in-dubai/#comments Mon, 23 Oct 2023 08:11:16 +0000 https://www.dubaifreezonecompany.com/blog/?p=2536 Dubai is a major economic hub and bustling with business activities. UAE has one of the best road infrastructure in the world. The Car Wash License in Dubai is one of the most in-demand business license categories in the region. Desert sand and dust are common phenomena in the UAE. So, the Car Wash business is a lucrative business idea...

The post How to Get a Car Wash License in Dubai? appeared first on AURION.

]]>
Dubai is a major economic hub and bustling with business activities. UAE has one of the best road infrastructure in the world. The Car Wash License in Dubai is one of the most in-demand business license categories in the region. Desert sand and dust are common phenomena in the UAE. So, the Car Wash business is a lucrative business idea in the country.

Keeping cars clean is a hassle for many residents especially when they don’t have a covered parking. Hence, they rely on Car Wash Company to keep their cars clean.

Car Wash License in Dubai can be obtained from the Mainland. The Dubai Economy will issue the Car Wash License in Dubai. There are a few requirements to fulfil for setting up a Car Wash Company in Dubai.

How to Setup a Car Wash Company in Dubai?

A Car Wash Company in Dubai will require a warehouse space for installing the required machinery and managing the inflow of cars. Also, under the Car Wash License in Dubai, there are multiple business activities specific to Car Cleaning and Maintenance.

So, the investor must be aware of the scope of their Car Wash Company. Also, they must finalize the portfolio of services they intend to offer to the customers.

car wash license in Dubai

There will be car exterior and interior cleaning, polishing, detailing, side windshield tinting, vacuuming, full body wash, automatic wash, and more.

Most importantly, the location of the Car Wash Company is crucial. In the Mainland, the most common place where you can set up a Car Wash Company is in the Industrial Areas where other vehicle workshops and spare parts shops are present.

Then the option available for getting a Car Wash License in Dubai is to get a lease contract through the Petrol Stations operating in the Emirate.

So, to set up a Car Wash Company in Dubai, the best way is to obtain a Car Wash License from the Dubai Economy. It will enable the investor to easily expand their car wash company in the region.

Steps in Obtaining a Car Wash License in Dubai?

To obtain a Car Wash License in Dubai the investor must follow certain steps. It is best to get a Car Wash License from Dubai Mainland. It will allow them to find a cost-effective warehouse in any of the industrial locations around Dubai.

Following are the steps in Obtaining a Car Wash License in Dubai.

1. Choose a Trade Name and Business Activities

Choose an appropriate Trade Name for your Car Wash company as well as the business activities related to the Car Wash sector. With a Car Wash License in Dubai, the Investor can be involved in all types of sales and services related to the Car Wash sector in Dubai.

2. Prepare the documents for the Car Wash License in Dubai

Arrange for all documents required for obtaining the Car Wash License from the Dubai Economy. They will be requiring the shareholder details, investment details, residence visa & Emirates ID (if any), and business plan (optional). Submit the documents for review and wait for the initial approval.

3. Choose the Warehouse Facility or Premises

Look for an ideal Warehouse Facility or Premises for setting up the Car Wash company. Obtain the tenancy contract by submitting the required documents to the respective authorities ( Dubai Economy & Tourism Department).

The location of the Car Wash facility is an important aspect of business sustainability and long-term growth.

4. Obtain the Car Wash License from Dubai Economy

After receiving the initial approval, submit the tenancy contract and other supporting documents along with fee payment to obtain the Car Wash License from the Dubai Economy. The licensing authority (Dubai Economy) will review and process the issuance of the Car Wash License in Dubai.

Benefits of Setting up a Car Wash Company in Dubai

There are many advantages to setting up a Car Wash Company in Dubai, especially in the Dubai Mainland. Most importantly, setting up a Car wash Company in Dubai gives access to a large addressable market and immense flexibility for expansion.

car wash license in Dubai

Vehicle owners in Dubai are constantly on the lookout for a trusted Car Wash Company so they can entrust their vehicles for cleaning and maintenance. Dubai is a city of luxury and the automobile market is very attractive due to the absence of road tax.

There are full-sized SUVs sports cars and classic vintage cars on the roads. All of these vehicles require periodic maintenance.

So, there is an intense demand for Car Wash Companies that offer a wide range of services to ensure that vehicles in Dubai are protected from the constant exposure of dust. Having a warehouse or premises in the Dubai Mainland, it is easy for the logistics and delivery of the vehicles.

Furthermore, the Car Wash Business is labour-intensive and requires a substantial amount of investment to have a high-end garage. The skilled labour availability for luxury cars, vintage vehicles, and SUVs is immense in the Dubai Mainland. Thus, ensuring maintenance of the vehicles can be conducted effectively.

Car Wash License in Dubai – Business Scope

Car Wash Business in Dubai has a large business potential in Dubai. It is driven by the large demand arising from the population of Dubai. Also, corporations and businesses in the hospitality, healthcare, manufacturing, etc., require maintaining their vehicle fleet.

car wash license in Dubai

So, the business scope and reach of a Car Wash License in Dubai is very vast. Also, the Car Wash business sector in the UAE is very diverse and fragmented. It is made up of a lot of small players with single outlets to branches of 5 and 10. Also, the popular gas stations in the Emirate have their own Car Wash companies on their premises.

Hence, the entry into the Car Wash Business sector is hassle-free. However, to stand out from the competition, the Car Wash Company must differentiate itself with attractive services, products, customer experience, and more. Repeat customers are a key component of the success of a Car Wash Business.

So, customer experience and maintaining consistent quality of services are the key factors that determine the success of a Car Wash Company in Dubai.

Parking Car Wash License from Dubai Economy

Parking Car Wash License is gaining popularity in the UAE. There is a growing requirement for reliable Parking Car Wash businesses in the country. Parking Car Wash License is one of the low-cost business ideas in UAE.

So, a Parking Car Wash License enables businesses to conduct Car Washing activity in mall parking, Dubai Municipality or any other gated or open parking locations. Dubai Economy will issue the Parking Car Wash License to business owner.

They must submit the business owner’s profile, passport copy, photograph application form, and make the payment for the Parking Car Wash License. Our team of Experts will guide you in all the documentation, obtaining approvals, and beyond.

The Car Wash sector in the UAE is highly fragmented. There are only a few known players in the market. Apart from them it is the workshops and service stations who offer the Car Wash services. The Dubai Municipality Approval is a requirement for Car Wash Services in outdoor parking areas.

Mobile Car Wash License from Dubai Mainland

Mobile Car Wash License or Parking Car Wash License is gaining popularity. Maintaining Cars and vehicles in UAE is very important as they are exposed to intense heat, sand, and dust constantly due to desert climate of the region.

So, keeping the Car or vehicles in good condition is a necessity in UAE to increase the life of the vehicle. Constant cleaning and maintenance are required for the vehicle to surpass the dust in the region. The Mobile Car Wash License from Dubai Mainland will benefit the business owner in grabbing the growing business opportunities in the sector.

The Mobile Car Washes are available across shopping malls Parking, Closed and elevated parking lots, public parking, Petrol Stations, and more. To operate a Mobile Car Wash company in UAE, the business owner must obtain a mobile car wash license from the Mainland of UAE.

The business owners can start their small kiosks in the malls or the parking levels with the cleaning staff and equipment. They can get a lease contract from the Mall Management, and approval from Dubai Municipality for operating in the Open and elevated Parking spaces

To learn more about the Car Wash Company License in Dubai, talk to our expert business consultants right away!

The post How to Get a Car Wash License in Dubai? appeared first on AURION.

]]>
https://www.dubaifreezonecompany.com/blog/2023/10/23/how-to-get-a-car-wash-license-in-dubai/feed/ 1
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...

The post What is a Holding Company in UAE? appeared first on AURION.

]]>
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.

The post What is a Holding Company in UAE? appeared first on AURION.

]]>
https://www.dubaifreezonecompany.com/blog/2023/09/06/what-is-a-holding-company-in-uae/feed/ 2
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...

The post What is the minimum investment to start a business in Dubai? appeared first on AURION.

]]>
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!

The post What is the minimum investment to start a business in Dubai? appeared first on AURION.

]]>
https://www.dubaifreezonecompany.com/blog/2023/07/03/minimum-investment-to-start-business-in-dubai/feed/ 1
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...

The post How to start a small business in Dubai? appeared first on AURION.

]]>
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

The post How to start a small business in Dubai? appeared first on AURION.

]]>
https://www.dubaifreezonecompany.com/blog/2023/04/19/how-to-start-a-small-business-in-dubai/feed/ 1
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...

The post How to Get a Trading License in UAE? appeared first on AURION.

]]>
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

The post How to Get a Trading License in UAE? appeared first on AURION.

]]>
https://www.dubaifreezonecompany.com/blog/2023/01/02/how-to-get-a-trading-license-in-uae/feed/ 2