Business Formation
UAE Business Opportunities
UAE, a home for global expats, a land of opportunities. Company Registration in UAE will help global investors or corporates to launch new business in the region. It’s once in a lifetime opportunity to own business in UAE.
UAE Business Opportunities
UAE, a home for global expats, a land of opportunities. Company Registration in UAE will help global investors or corporates to launch new business in the region. It’s once in a lifetime opportunity to own business in UAE. Once the registration process is done, Investors will obtain a trade license in the country. Investors who will register the business can apply for a resident visa, business bank account and personal bank account. The company registration process goes through some steps for every kind of business. It commences with determining the correct licensing authority and makes an application for approval of a company name. The subsequent processes include the business activity, the signing of online documents, and obtaining the trade license. Registration of a Company in Dubai as well as the other Emirates follow a similar pattern.
Many benefits are associated with registering a company in the UAE, such as 100% foreign ownership, full profit repatriation, lower taxation, and many more. Easy business, a top-class lifestyle, and business infrastructure attract global investors to start a company in the UAE.
Benefits Business of Formation in UAE
The prime benefit of forming a business in UAE is getting premium residency. With residency permit, you can avail various other benefits.
The business ownership will be in your name
Huge relief on taxation as UAE is known as Tax Haven
Access to Luxurious and Secure Lifestyle
Business Expansion Avenues Globally
Excellent Health and Education Perks
A Center Point for Convenient Global Travel
Quick and Credible Pathway to start life in UAE
Most Strategic Destination around the globe
Steps For Business Formation Process
The company formation process in UAE takes some months or a year to get done with. Within this timeline, the investors get to decide the name of the company, get it registered with the right authorities and apply for the residency permit. If you have proof of funds, sufficient amount to initiate and a clear criminal background, you are all set to start the documentation and submission process.
Create a feasibility plan, decide the name that you are going to use and get it registered from the relevant authorities in UAE. Without getting an approval for the tradename, you can not proceed with establishing the company. AZ Global will provide full assistance with the business proposal, name selection and finally getting the approval.
We will share a checklist of documents including the basic documents like your passport copies, marriage or family certificates, proof of funds and some other. Once the documents are all verified and attested, we will submit the application.
The Authorities in UAE get through your application and background checks to ensure that applicant has a clean criminal record. Once they ensure the documentation and proof of funds, you will get the approval to work on your business plan in UAE.
It is must for all the applicants to get the business registration done before applying the visa. Once registration is done, you will get a trade license to make the final move.
After getting the Trade License, to start with the business you must need an office space. This can be a small rental space but without this, you cannot get the final approval.
Applicants are required to open a corporate bank account in UAE is must to conduct any business transaction within the company and also with the shareholders and stakeholders.
The applicant will go through an interview to get visa approval and to start the development of business in UAE. The final approval will base of the visa interview.
Documentation Requirement
Passport Copies
A Solid Business Plan
Passport Size Photos
Business Name Options
MOA (Document stating the purpose of initiating business)
Articles of Association
Lease Agreement for Business Location
Trade License
Proof of Funds Documents
Establishment Card (Permission in for immigration card to hire employees)
Incorporation Certificate
This is the list of documents that is must for all applicants, there can be more to it according to the business plan and background of the applicant.