6 Amazing Benefits of Cosmetics Company Incorporation UAE Serves For Higher Profits
Isn’t it interesting to know the benefits of cosmetics company incorporation UAE offers to entrepreneurs? Of course, it is. That’s why you’ve landed on this blog post that explains the perks of the cosmetics company formation in the UAE.
But why should you choose the UAE for starting your cosmetics business? Why not another country? Well, let’s explore the trends of the UAE cosmetics market before learning about the perks of cosmetics business formation.
What are the trending things in the Cosmetics industry in the UAE?
With the growing awareness of the beauty and personal care products, the forecasted revenue in this sector is USD 1.15 billion in 2022. Well, that’s actually huge. And the most interesting part about it is that 24% of the revenue will come from online sales. Here is the list of articles that will be on-trend.
- Decorative cosmetics for day-to-day makeup
- Skincare products
- Personal care products
- Hair care and styling products
- Perfume and eaux de toilette
6 Ultimate Benefits of Cosmetics Company Incorporation UAE You Must Know
1-Protection of Brand Name and Label
Botherations regarding the protection of your brand’s name and its label can be the first reason behind your sleepless nights. But a nation like UAE leaves you carefree about it. Thanks to their commendable laws for safeguarding your company’s trademark.
All you need to do is to register your trademark via an online application on the Ministry of Economy website. After trademarking your UAE-based cosmetics brand’s name, it’s the government’s authority to protect it from others.
2-Smooth Access to Both Local And International Markets
Do you know what’s the most interesting part about the Emirates? Well, it’s the accessible geographical location of the country. Located in the eastern part of the Arabian Peninsula, the UAE ensures smooth access for both the local and international markets.
Therefore, your cosmetics company in Dubai will have endless opportunities in the local as well as the nearby international markets.
3-Liberal Laws for the Import and Export of Cosmetics Products
Being a house to over 37 Free Trade Zones, the UAE is undoubtedly an excellent hub with the most liberal import-export laws. According to the custom regulations of the UAE Freezones, you don’t have to pay duties for imported cosmetics products.
Additionally, you can enjoy the benefits of custom exemptions for re-exporting from UAE Free Trade Zones to third market destinations. These market destinations can also be beyond the GCC (Gulf Cooperation Council) Customs Zones.
4-100% Support from the UAE Government
The UAE government offers complete support to various companies by providing all the essential services to their business. This facility of the UAE government will benefit your cosmetics business too.
Moreover, the business-friendly environment in the Emirates will be like a cherry on the top for motivating your business growth. As a result, you can effortlessly launch your cosmetics products in Dubai.
5-Advantages of Zero Taxes
Another amazing benefit of cosmetics company incorporation in the UAE is the zero and minimal taxation policies of this country. Consequently, it will ensure maximum chances for your company to grow in the Emirates market with minimum costs.
All in all, you won’t need to feel financially stressed during the entire cosmetics company formation process.
6-Availability of Several Zones To Choose From
The last benefit of starting a cosmetics company in the UAE but obviously not the least one is the availability of several zones to pick from. Currently, there are three main categories of zones available for starting a business in the Emirates, including:
- UAE Free Trade zones ( currently 37+ Free zones available)
- Dubai Mainland regions
- UAE Inshore and Offshore areas
FAQs
Ques 1) Is it possible to use the brand name of an existing cosmetic entity across the UAE?
No, it’s not possible to use the brand name of an existing cosmetics entity in the UAE. And the reason is its already-protected name.
Ques 2) What does the cosmetics company setup cost in the UAE?
The cosmetics company formation cost in the UAE completely depends on the location you’re selecting.
Ques 3) Which UAE government is responsible for cosmetics product registration in Dubai?
You need to register your cosmetics products with both Dubai Municipality (DM) and the Emirates Authority of Standardization and Metrology (ESMA).
Wrapping it up:
The cosmetics business in the Emirates is thriving and it will continue to grow. So, if you’re thinking to invest in it, go ahead. Hopefully, after going through this blog post, you already know the reason why.
Are you ready to lap up the benefits of cosmetics company incorporation UAE serves to entrepreneurs? If yes, then you need to get in touch with the professional company setup experts in Dubai.
Why Startups Should Choose UAE Pro Services? (5 Reasons)
UAE Pro services are gradually becoming the talk of the town in the wake of growing opportunities in the Emirates. And when you’re just starting a new business in Dubai, you can’t afford to commit mistakes during the setup process.
However, when you are just entering the Emirate’s corporate market, getting involved in business registration procedures is confusing. Here is where the best PRO services in Dubai save you from unrequired hassle.
Before we explore the reasons behind choosing the PRO services UAE, let’s dive in and learn more about these services.
What All Services Does A PRO offer in Dubai?
There is a huge list of services that a PRO (Public Relation Officer) offers in Dubai. Let’s check a few of the roles of a PR professional.
- Knows about the details of company and branch and provides genuine guidance for hassle-free company registration
- Applies for the resident and employment visa on behalf of the company
- Assists businesses with passport clearance
- Help entrepreneurs in getting labour and immigration cards
- Makes it easier for acquiring company trademarks and copyright registration
- Helps organizations in the replacement of lost documents and cards
- Approval of NOC letters
- Assists professionals in changing their profession hassle-free
- Notary of legal documents
- Guides regarding the entry/residence permit amendment
- Smooth corporate bank account opening
Also Read: 5 Common UAEVisa Renewal Mistakes Startups Must Avoid in 2022
Must View: Everything You Need To Know About UAE Visa Renewal (Steps For 2022)
5 Reasons Why Startups Should Go for PRO Services UAE
1-Helps in Saving Time
Time is money. We all know it well. Isn’t it? Well, hiring a PRO agency in Dubai can save both your time and money. You don’t have to familiarize yourself too much with the company incorporation process. Instead, PR professionals will do it for you.
So, you get more time to focus on your business operations rather than bursting energy on setting it up.
2- Lets Businesses Save A Lot of Costs
There is nothing wrong with being a pinchpenny when you are in the initial days of business incorporation. After all, it’s just expenses you need to bear in the starting. Just forget about profits. Thus, it becomes essential to cut your expenses as much as possible.
When you seek guidance from PROs, they help you in acquiring the necessary documents at an affordable price.
3- Makes Company Incorporation A Smooth Process
Establishing a company in the Emirates isn’t as simple as it seems. You need to pass through a huge list of procedures for it. These processes begin from selecting the company location, deciding on the business structure, choosing the suitable business activities, etc.
PROs make this process easier for you. They liaison with government bodies and authorities for ensuring your company registration process in a short span of time.
4- Beneficial For Ongoing Businesses
If you’re thinking that UAE PRO services are just for incorporating a company, then it’s a piece of partial information. Actually, their role is beyond it. They help you in keeping your bills and other regulatory documents intact.
Moreover, they even save you from levied fines due to license expiration by updating you about UAE visa renewal procedures.
5-Ensures Transparency In Businesses
Another good thing about taking the best UAE PRO services is the transparency they maintain by handling reports and feedback. In the present scenario, running a transparent business is extremely important for any organization, no matter wherever it is being operated.
PR officers ensure to balance the equilibrium of this transparency between you and the authorities your business is registered with.
FAQs
Ques 1) What are the business stages where PRO services in Dubai are much needed?
PRO services are needed in every business stage, be it company registration or license renewal. They make it a smooth journey when it comes to running a business in the UAE.
Ques 2) How much does the best Pro services in UAE charge?
The charges for availing of the PRO services in the Emirates might vary depending on the type of service you are picking. For instance, the charges are higher for the mainland company incorporation as compared to the UAE Free zone entity registration.
Ques 3) How many days will it take for the completion of my UAE visa stamping procedure?
After getting the needed documents, the usual duration for the UAE visa stamping procedure is 10 days with 3-year validity. Moreover, this validity expands to 3 Years if the employer is a government entity or has a Freezone visa.
Summing it up:
Seeking guidance from the PRO consultants makes it a park’s walk for running your business in the UAE. And after reading this blog post, we are sure that you’ll agree to it. Are you ready to pick the world-class UAE PRO services for your startup business? Feel free to connect with the world-class PRO service providers in Dubai.
5 Reasons Why Hiring An HR Consultancy Firm in Dubai Helps You Win Best Talents
Your Google search engine filled with queries like “HR consultancy near me” is a good sign. Do you know why?
It’s because you are actually thinking wisely about the expenses of your startup business in the UAE.
The concept of hiring an HR consultant is gradually becoming the talk of the town amongst the entrepreneurs. And the credit goes to the smooth recruitment guidance they get from them for maintaining a healthy work culture. Let’s explore 5 reasons why hiring an HR Consultancy Firm in Dubai helps you in winning the best talents for your business.
5 Benefits of Seeking Guidance from HR Consultancy in Dubai
1-Helps Businesses Focus On Their Core Activities
Handling a business isn’t a child’s play. This process includes the accomplishment of a lot of day-to-day tasks. At this moment, channelizing your energy on hiring employees for the organization is a distracting thing.
After outsourcing an HR agency for your Dubai-based startup, you can put your 100% energy and effort into managing the core business activities.
2-Adds Value For Money
Did you know? You can save a lot of money in the initial days of your business incorporation in the Emirates. And it’s possible with the help of an HR consultancy firm. HR firms have an entire team of recruitment experts who makes the hiring process in your organization hassle-free.
Enlisted below are some tasks they perform in the hiring procedure:
- Sourcing
- Scheduling Interviews
- Hiring Relevant Candidates
- Conducting POFU (Post offer followups)
- Onboarding & Training of the Employees
3-Ensures Employee Development & Their Training Sessions
Try outsourcing the HR functions of your organization to an HR Consultant near you. Hence, it will let businesses manage employees’ overall development. Human resources experts implement all the essential performance management programs for helping employees comply with company policies. Moreover, they monitor the performances of your company’s employees and report it to your management.
4-Enhances Employee Satisfaction and Their Retention
Another good thing about outsourcing the best HR consulting agency in Dubai is a positive transformation in employee satisfaction. An HR consultant takes honest opinions from your employees about their work and advice regarding the changes in the organization.
This way they develop an effective feedback mechanism for ensuring employee satisfaction to retain them in the company.
5-Minimizes in Risk Management in Organizations
Businesses can minimize their risk by hiring an expert in human resources. It can sometimes be difficult for employers to keep up to date with changes in HR policy creation and labour/employment laws. In order to prevent you from having to worry about these laws, HR consultants stay on top of them.
In addition to ensuring that your policies and procedures comply with current laws, they ensure both employees’ and employers’ safety. Furthermore, they regularly update your documentation to ensure you are always up-to-date.
FAQs
Ques 1) How does an HR Consultancy work?
A best-in-class HR consultancy agency provides you with ultimate solutions for handling your business. These solutions include HR consultancy, advisory services, and career development guidance.
Ques 2) what are HR consultancy services?
Several businesses that don’t want to get into the hassle of hectic hiring processes usually consult an HR consultant to help them out. An HR consultant is an industry expert who gives them genuine guidance for managing the Human resource work of their business.
Ques 3) How much should HR consultants charge?
The charges of HR consultants might vary depending on the services and the experience they have in the industry.
Wrapping it up:
Undeniably, if your day starts with browsing for the best HR consultancy firm near me in Dubai, then you’re on the right path. Your startup business actually needs it. Hopefully, this blog post will give you the ultimate reasons for choosing an HR agency in the UAE.
How To Ensure LLC Formation In Dubai For Tourism Business? (2022 Guide)
Brainstorming ideas for LLC formation in Dubai is something that most entrepreneurs love to do. And the reason is endless business opportunities in the Emirates. Establishing a Travel business in the UAE is one such scope, especially after the COVID-19 pandemic where the travel industry had to suffer a lot. Thanks to the liberal laws for setting up an LLC in the Emirates.
Presently, the UAE Government is making constant efforts for ensuring the growth of the tourism industry in the country. So, starting a travel business across the Emirates would be a worth-investing idea. Let’s dive in and check the various tourism activities you can pick from.
What Are the Various Tourism Activities Available For An LLC Formation in Dubai?
There are some types of tourism activities that come under the travel agency license according to the UAE tourism department. You can pick from any of the following travel activities to start a business in Dubai:
- Sale of plane tickets
- Travel insurance issuance
- Sale of tour packages through a website
- Support services during the visa issuance
- Creation and marketing of tour packages through various channels
- Offers for accommodation options
Eligibility Criteria for launching a Travel Business in Dubai
Being a business owner, there are a few things you need to consider before incorporating a travel company in Dubai. Here are they:
- 3 years of relevant work experience with a diploma or certification in the travel and tourism industry
- 5 years of experience in case the individual just has a high school diploma
- You must present a lease contract or blueprint of the location where the travel agency will be operating
- A physical office space with at least 30 meters of available area for each activity
- As a travel agent, you must have a certificate issued by the Civil Aviation Department in Dubai
4 Ultimate Steps Tourism Businesses Must Follow For Smooth LLC Company Formation in Dubai
Launching a travel agency in the UAE involves a few essential steps that you need to follow. Scroll down to know all the steps required for travel company formation in the Emirates.
1- Select Your Travel Agency License
First of all, make sure you’re aware of the types of travel agency licenses available for doing business in Dubai. Currently, there are three types of travel agency licenses you can choose from. Here are they:
- Inbound Tour Operator License
- Outbound Tour Operator License
- Travel Agent License
2-Collect All the Required Documents
Once you choose a suitable license for your travel business in Dubai, start collecting the required documents for it. Given below is the list of required documents to start your travel company in the UAE:
- Get an application form from the relevant authorities and fill it with complete details
- Valid passport copies of the applicants
- Certificate proof of work experience and professional qualifications
- Certification of clean criminal record
- A well-researched case study report of the technical and economic feasibility of the project
- NOC (No Objection Certificate) letter issued by the Civil Aviation Authority
3- Meeting Up All The Special Conditions
After submitting the essential documents for travel business registration in Dubai, you also have to meet some special conditions like:
- Your Travel LLC must have 49% shares owned by you and the remaining 51% owned by a local sponsor
- In case of the inbound tour operator business in Dubai, provide the irrevocable bank guarantee in the name of DTCM
- If you’re an outbound tour operator, then you need to submit the irrevocable bank guarantee of AED 200,000 in the name of DTCM
- Submission of irrevocable bank guarantee of AED 100,000 in case of travel agent activity
- Suppose you need to run all the three travel business activities, make sure to submit the total bank guarantee of AED 400,000
4-Submission of Application and fee payment
Lastly, you need to submit the license application and pay the fees after providing the aforementioned documents. It’s an extremely essential step that you need to perform carefully. We would suggest you seek guidance from a world-class business consultancy firm in the UAE.
FAQs
Ques 1) What is the best way to start a travel business in Dubai?
One of the best ways to start a travel business in Dubai is to seek guidance from a business consultancy firm and then follow the certain steps they ask you to do. These steps involve travel activity selection, documentation collection, deciding on the company name, and much more.
Ques 2) Can you tell me how much it costs to start a travel agency in Dubai?
The cost of starting a travel agency in Dubai completely depends on the type of travel activities you will perform. For instance, if you wish to incorporate an outbound travel company in Dubai, you need to submit the irrevocable bank guarantee of AED 2000,000.
Ques 3) Is it possible to set up a travel company in Dubai as a foreigner?
Yes, it’s possible to set up a travel company in Dubai as a foreigner. All you need is a local sponsor who is ready to invest in 51% of your company’s shares.
Ques 4) How can I acquire a travel agency license in Dubai?
In order to acquire a travel agency license in Dubai, there are certain steps you need to follow. Here are some of them:
- Payment of initial approval fee
- Agency’s trade name approval
- Submission of insurance policy
- Provide a lease contract
Wrapping it up:
Undeniably, if we talk about LLC company formation in Dubai for a travel business, there is unimaginable growth. And after going through this article post, you will definitely agree with it.
Hopefully, this article post gave you a rough idea about starting a tourism business in the Emirates. Feel free to get in touch with Industry experts if you need some advice for incorporating a travel LLC in the UAE.
5 Common UAE Visa Renewal Mistakes Startups Must Avoid in 2022
Undergoing UAE visa renewal can be a hustle-bustle if you don’t apply for it to the concerned authorities on time. What next? You need to face all the inconveniences to stay in this nation of world-class infrastructure and facilities.
One of the consequences of not renewing the UAE visa on time can be the high penalties per day. So, it becomes a priority to renew your residence visa in the Emirates.
Let’s explore the 5 mistakes you have to be aware of while applying for your visa renewal in the UAE.
5 Mistakes Startups Must Avoid While Applying For The UAE Visa Renewal
1-Carelessness While Deciding on the Company Structure
Several times you might choose the irrelevant company structure for performing your business activities in the UAE. The only reason why it happens is the mistake while deciding on your company structure for setting up an entity in the UAE.
It’s always better to seek guidance from the industry experts before applying for the license renewal of your company. Currently, here are a few types of company structures you can choose from:
- Sole proprietorship.
- Civil Company.
- Branch of Foreign Companies/Representative Office.
- Branch of GCC companies.
- Limited Liability Company (LLC)
- Partnership.
- Private Share Holding Company.
- Public Share Holding Company.
2-Less Research On Marketing Challenges
As the advancements in the industry transform each day, the marketing challenges also take a new hike. And the scenario is the same in every country, no matter where it is and what’s its global ranking.
For instance, the real estate market is booming in Dubai and simply angles towards upcoming scopes. So, if you wish to renew the license for your real-estate entity, then make sure you know what’s going on in the industry.
3-Missing Out Important Documents Requirements
Did you check the required documents for visa renewal in the Emirates? Are they updated? Make sure all the required documents are up to the mark before submitting them to the concerned authorities. Here are the basic documents required you need to provide:
- a sponsor with a valid residency permit A proof of sponsor who has a valid residency permit
- If you are above 18 years of age, you need to pass a medical test
- In case of Dubai and Abu Dhabi, present the insurance card
- Show a renewed ID issued from ICA
- The sponsor must reapply or submit an application through a typing office for renewal of the residency permit, whether it is the public sector, a private sector company, or a personal sponsor.
- Sponsor’s original passport
- A photo of the sponsor
In the private sector, the sponsoring company must submit the following additional documents:
- Valid firm card’s copy
- Sponsor’s renewed labour card copy
- Valid trade license’s copy
- Those who are 60 years old and above should submit the receipt for their labour card renewal.
4-Negligent Behaviour While Hiring Skilled Workforce
Hiring a skilled workforce while renewing your UAE visa and business license is the most essential thing you shouldn’t skip. Firstly, a skilled and dedicated team contributes to the growth of your organization.
Secondly, they give a better shape and environment for enhanced work culture. Well, recruitment is not as easy the way it sounds. You need experts to do it. The best way to do it is by hiring a professional HR consultancy firm in Dubai.
5-No Prior Planning To Manage Risks
You business might fall if you don’t renew your UAE visa after planning risk. Today, applying for visa renewal involves the processes similar to that of starting a company in UAE. So, you can’t neglect the essence of planning risks in your company.
Risk management is extremely essential in any organization. It’s because after understanding the potential risks, you can effortlessly create strategies to handle them. Moreover, staying in the UAE won’t be a burden on you.
FAQs
Ques 1) What can I do to renew my UAE visa without leaving the country?
You can effortlessly renew your UAE visa by visiting the immigration office without even leaving the country. All you have to do is to pay the asked fee and follow the required procedures.
Ques 2) How many passport-sized photos do I have to submit for the Emirates visa renewal application?
In order to renew your UAE visa, you need to provide atleast two passport-sized photographs.
Ques 3) How much time does the entire process of UAE residence visa renewal takes?
It might take the maximum time of 7 working days for the completion of the entire process for renewing your UAE visa.
Ques 4) What is the latest UAE residence visa renewal fees for the year of 2022?
There is an annual fee of AED100 for UAE residence visas. Moreover, the processing fee can also vary depending on where you apply, ranging from AED70 if you apply in person to AED40 if you apply online.
Wrapping it up:
UAE holds unlimited opportunities when it comes to expanding your business. Thus, you need to be vigilant while applying for the UAE visa renewal. Hopefully, this article post on the don’ts of UAE residency visa renewal will help in getting your visa quickly.
Top 5 Reasons Why Doctors Must Apply For Dubai Golden Visa in 2022
Being a doctor there is nothing better than getting a Dubai Golden Visa in 2022. It’s because this year is full of surprises when it comes to new rules and regulations related to practising medicines in Dubai.
Since the UAE secures the 22nd position in the World Index of Healthcare Innovation, this country holds endless scopes in the healthcare sector. And acquiring a Golden visa will be like a cherry on the top of the cake for doctors.
In this blog post, we will give you 5 essential reasons why doctors must apply for the UAE Golden in 2022. But before that, let’s explore the eligibility requirements for the doctors who wish to get the UAE Golden visa.
What are the Dubai Golden Visa requirements for doctors?
There are some eligibility criteria you need to fulfil to apply for the Emirates golden visa or permanent residency visa. As a doctor, you are eligible to get the Golden visa if you fit under the following conditions:
- A doctor from specialized fields of medicine, such as innovative technology, science, and human health care
- Licensed doctors by the health departments of the UAE can also apply for the UAE golden visa from July 2021 to September 2022
- The medical practitioner who received the licenses from the health regulatory bodies in the UAE
Also Read: How to apply for UAE Golden Visa? (Easy Steps)
5 Benefits of Dubai Golden Visa in 2022 For Doctors
Now, when you know the eligibility criteria to apply for the UAE golden visa for doctors, let’s check its benefits.
1- Residency Status of 10 Years
One who holds the Dubai Golden visa also achieves the residency status of 10 years. You can lap up the benefits of 0% corporate and income tax if you hold a Golden visa. Moreover, establishing your medical clinic across the UAE becomes hassle-free with a golden visa.
2-National Sponsor Isn’t Required
The toughest challenge one has to face while applying for a residency visa in the UAE is to look for a national sponsor. But it’s not the same case for the Dubai Golden visa for doctors. The newly introduced framework of the Emirates Golden visa allows foreigners to live, study and work in the UAE without any need for a national sponsorship.
3-Stable & Secure Living Standards
Everyone craves a stable and secure living standard irrespective of their profession and country. Although any UAE visa offers a state-of-the-art living environment, it’s even more in the case of the Emirates Golden visa.
4-Freedom to Open Multiple Accounts
Having the freedom to launch multiple bank accounts is a win-win situation for any individual who lives in a foreign country. It’s because the more banks you have, the more places you get to save your money. The UAE golden visa allows you to open multiple bank accounts across the Emirates.
5-Liberty To Travel Across The Emirates
Imagine your patient lives in the Dubai Mainland area and you stay in the UAQ free zone. Will it be possible for you to visit your patient? Yes, it’s possible if you hold the UAE Golden visa. Emirates Golden visa holders get a chance to travel, study and work freely across the UAE.
Wrapping it up:
Indeed, the Emirates Golden visa holders have endless scopes in every sector, be it real estate or healthcare. Hopefully, after reading this article post you know the benefits of having a Dubai Golden for doctors in 2022. So, you should definitely apply for it if you are a doctor and qualify for all the eligibility criteria.
Do you need some expert guidance regarding the hassle-free application process for the UAE Golden visa? Feel free to connect with the experts in that case.
6 Essentials Steps For Trading Company Registration in Dubai (Must Know)
Knowing the right steps for trading company registration in Dubai has always been a hustle bustle for the entrepreneurs. Who takes the credit? It’s the ample zones available for incorporating an import-export entity in the UAE.
And being an entrepreneur it’s inevitable for you to face endless confusions and challenges. These hurdles and confusions could be in terms of choosing the right locations, getting license approvals, or whatnot.
In this blogpost, we’re going to share the 6 most essential steps to incorporate a trading business in the UAE. But before that, let’s know a few scopes of setting up a trading entity in Dubai.
What are the scopes of trading company registration in Dubai?
The import-export entities are booming in Dubai. It’s because a trading company in the UAE earns a lot of profits. As per the Statista’s reports for the year of 2020, the Emirate’s trade balance crossed 93.54 billion U.S. dollars. Isn’t it huge?
Here is why registering a trading company in Dubai has endless scopes:
- Perfect location with an excellent accessibility to ports
- Convenient product distribution management
- Liberty of duty free export to over 17 middle east counties, and more.
Also Read: Top 6 Reasons Why You Need To Set Up Business in Dubai (2022 Tips)
How to get started for Trading Company Registration in Dubai?
Now, when you understand the scopes and benefits of starting a trading entity in Dubai, let’s see how to register it. Let’s dive in.
1-Select Your Trading Activity
While registering an import export business in the UAE,the first step is to choose your trading activities. These activities will help you in deciding the suitable type of license for you.
For instance, if you desire to trade multiple unrelated goods, then a general trading license will be the best alternative.
2- Think of a Company Name
After listing out trading activities, the next essential thing you have to do is to think of a company name. Make sure you are keeping certain things in mind while doing it. You just need to abide by a few name conventions, such as:
- The name must not include any offensive or blasphemous language
- Restrain yourself from using the names of well-known organizations
- In case you use your name, then avoid using abbreviations
3- Decide on a setup location
Dubai serves you a lot of location choices to incorporate your trading company. Whether you start your trading business in Dubai Mainland, or incorporate it a UAE free zone, that’s your call. We will recommend you to choose any of the UAE free zones to get started.
For example, Fujairah Free Zone that is just 15 minutes away from Fujairah Port will be an impeccable choice. Thanks to the capability of this port for serving direct routes to the Persian Gulf, the Indian subcontinent and Africa.
4- Apply for the suitable trading license
Are you now thinking how to apply for the suitable trading license for your business? Well, it isn’t a rocket science. There are two ways for doing it. One way is to directly apply for it from the Department of Economics Development (DED). Whereas, the other way is to go the municipality of your chosen emirate to apply for the relevant trading license.
Enlisted below is the list of the documents you need to provide:
- 100% filled up application form
- Proposed owner’s passport copy
- Two colour passport size photographs with a white background
5- Fulfill The Customs Requirements
Since you are planning to trade with various companies situated around the world, considering custom requirements becomes essential. Although you can lap up the benefits of import-export tax exemptions in free zones, you still need an import code. You need to request it from the Federal Customs authority.
All you need to do is to offer the following documents:
- General trading license’s copy
- Passport’s copy
- Information about the trading activities
6- Obtain the Required Visas
After applying for the business license, the next crucial procedure for trading company incorporation in Dubai is to get the required visas. It’s always a great idea to seek guidance from the company formation experts based out in Emirates.
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In order to be eligible for the maximum number of visas,there could be a plethora of factors. You will need to evaluate your company’s size, your chosen setup, and a lot more things.
Wrapping it up:
Indeed, incorporating a trading company in Dubai has endless scopes and possibilities. So, investing in it is definitely a win-win game for entrepreneurs. Hopefully, the above-discussed steps will give you more clarity for undergoing smooth trading company registration in Dubai.
Do you still need one-to-one assistance for your trading business formation in Dubai? Feel free to connect with Industry experts.
How To Incorporate A Cyber Security Business In Dubai? (5 Hassle Free Steps)
If you’re willing to incorporate a cyber security business in Dubai, then it’s a great move. All you need to do is to follow the right steps to establish it without any hassle. Check out this blog post and know these steps one by one.
The cyber security market is reaching the heights every day. Why so? Well, with the growing cyber solutions, the chances of unparalleled cyber attacks are just inevitable. NMSC (National Merit Scholarship Corporation) forecasted the value of the global security market to reach 430.46 billion U.S. dollars by 2030.
Dubai holds a strong reputation when it comes to ensuring cyber security of individuals and businesses. It simply means that this city serves endless scopes for establishing a cyber security entity.
Let’s dive in and check a few more reasons why starting a cyber security business across the UAE is essential.
Why Should You Incorporate A Cyber Security Business In Dubai?
Currently, there are over 90% UAE residents who scroll through one thing or the other over the internet. And with the booming usage of new technologies across the internet, such as smart cities, cloud, IoT, and much more increases the need for cyber security.
Now, when there are so many data vulnerabilities across the web, having an effective data security system also becomes important. It’s possible by taking services from the cyber security firms across the UAE. Scroll down to check the methods for forming a cyber security business in Dubai
5 Hassle Free Steps To Incorporate A Cyber Security Business in Dubai
When you now understand how essential it is to establish a cyber security business in the UAE, let’s check the steps.
1- Decide On Your Entity’s Name
One thing that’s extremely important while starting a cyber security business is to decide its name. You need to be extremely particular about it. There are certain conventions you have to keep in mind while choosing the name of your business. For example, avoid using names which include offensive words.
2-Identify The Jurisdiction
Did you identify the jurisdiction for your cyber security business? Well, it’s important to do it as soon as possible. The UAE government offers three economic zones or jurisdiction for incorporating a business in Dubai, such as:
- Dubai Mainland
- Free Zone Regions Across The UAE
- Offshore and Onshore Areas
You can always identify your jurisdiction according to the business needs and requirements.
Also Read: 5 Most Essential Steps For Getting A Dubai Partner (2022 Tips)
3-Choose Your Legal Structure
While establishing a cyber security business in the UAE, choosing a legal structure for the company is a not-to-miss step. Make sure you are doing it. This offers the organisation to handle the losses and profits along with structuring the assets and resources. Getting a cyber security business license is impossible without outlining the legal structure.
Enlisted below are some of the business layouts and legal forms that are open for registration across the UAE:
- Free zone company branch
- Sole establishment
- Limited liability company (LLC)
- Local or foreign company branches
4-Submission Of Documents Cyber Security Business Incorporation In Dubai
Setting up a cyber security business and getting a license for it is just like the two wheels of a moving cycle. Both the processes work simultaneously. Still, the approval and paperwork steps have multiple stages. In this case, you can connect with the best-in-class business setup consultants like TVG.
Let’s check out the required documents for setting up a cyber security firm in Dubai:
- If you or your partners are employed by a company, you need a No Objection Certificate (NOC).
- Your office space should have a valid tenancy contract.
- An attestation of the Memorandum of Association.
- You need to fill out application forms.
- Present the copy of your passport
- Provide a copy of your Emirates ID
5- Apply For The Visa
Last but not the least, you need to ensure that you’re applying for the relevant visa. You need to be extremely careful while providing the needed information for visa application procedure. Here are the 4 stages of your UAE visa application process:
- Getting an entry permit
- Making changes to the legal status
- Undergoing the medical screening test
- Obtaining stamped visa and acquiring the Emirates ID
Summing it up:
Indeed, establishing your dream cyber security business in Dubai won’t be rocket science if you’re following the aforementioned steps. All you have to do is to ensure that you’re providing the relevant information while filling your visa and business license application forms.
Are you confused while deciding on the suitable location to incorporate a cyber security business in Dubai? Feel free to call business setup experts in that case.
How To Open A Restaurant In Dubai? (Best Tips For A Kickstart)
Are you confused about how and where to open a restaurant in Dubai? Well, this blog post is surely going to end all your doubts.
The UAE gives shelter to more than 200 nationalities. And every individual craves delicious food, no matter what nationality they belong to. Today, the UAE market is impressively booming where the sales of fast-food restaurants are expected to reach 4.5 billion U.S. dollars in 2022. It simply means that starting a restaurant in the UAE holds endless opportunities.
Let’s dive in and check a few points you need to keep in mind while incorporating a restaurant in Dubai.
6 Must-Needed Steps To Open A Restaurant In Dubai
There are certain steps you need to take while opening a restaurant in Dubai, such as:
1- Have An Approximate Idea Of Setup Cost
When it comes to incorporating a restaurant across the UAE, it becomes extremely essential to have an idea about your investment. Just jot down the expenses you have to bear beforehand.
Here are some of the costs you need to keep in mind while starting your restaurant:
- License fees
- Rent or expenses of purchasing a new property
- Various approval costs
- Expenses on staff training programme
- Insurance fees
- Capital for working
- Infrastructure cost
2-Get The Required Licenses To Open A Restaurant In Dubai
One of the most essential requirements for starting a restaurant business in the UAE is getting a trading and food license. Let’s know about each of these licenses in detail.
Trade License
The Department of Tourism and Commerce Marketing of Dubai is responsible for offering a trade license. All you need to do is to mention the type of restaurant you will be operating. The expenses for acquiring a trade license vary from restaurant to restaurant and can cost up to AED 40000.
Make sure you are following the below-mentioned steps for getting a trade license:
- Identify the nature of the business, whether it’s commercial, professional or industrial
- Determine the number of business activities the company will be performing (maximum limit: 10)
- Give your enterprise a legal status in the UAE
- Choose and register a trade name for your company
- Application submission for initial approval
- Rent a corporate office
- Prepare all necessary documents
- Submit a final application to DED for approval
Also Read: How To Apply For UAE Golden Visa? (Easy Steps)
Food License
Obtaining a Food License from the Food Safety Department is essential for the further approval of the restaurant construction plan. Here are the required documents you need to present:
- Trade license’s copy
- The interior design structure of the building (only if applicable)
Although the aforementioned licenses are the basic license requirements, you might also need the following licenses:
- License for food consignment release
- Pork permit for managing and serving pork products
- Vehicle permit for the transportation of food products
- Liquor License (if applicable)
3-Identify The Restaurant’s Concept And USP
Once you have the documents ready for the various license approvals, another important step is to identify your restaurant’s USP. Make sure you are presenting some uniqueness in your restaurant theme.
Your restaurant with an out-of-the-box theme will play an essential role in attracting more customers.
4-Choose A Suitable location
Did you decide on the location of your restaurant? Not yet? Well, make sure you are choosing one wisely. Do proper research before choosing the physical space for your restaurant. Some of the most suitable locations for setting up a restaurant across the emirates are:
- Jumeirah
- Emirates Hills
- Dubai Creek
- Mall of the Emirates
- Al Quoz
Still, if you are looking for some other location across the UAE, you can consider the factors like client base, accessibility, affordability, etc.
5-Craft The Restaurant Menu
A relevant restaurant menu that drives profit is extremely essential in every restaurant business. Make sure that you are also creating one. Keep your high revenue generating food items at a place that grabs the most attention of the customers. Try drafting tempting menu descriptions.
Furthermore, always ensure to embrace flexibility when it comes to updating your menu.
6-Get Construction Approvals
Did you know? Your dream of opening a restaurant in the Emirates can shatter if you don’t get prior construction approvals from the Food Court department of Dubai. Submit the blueprint of the following details:
- Space of the restroom
- Passage detail for entry and exit
- Area of food processing and storage units
- Location of equipment used for food processing
Summing it up:
Without a doubt, opening a restaurant in Dubai doesn’t remain a tedious task if you have the right procedures. We hope this article post gave you a rough idea about how to open a restaurant in Dubai.
Well, Dubai follows a strict food code when it comes to the establishment of restaurants. So, it’s always insightful to seek guidance from business consulting firms. Make sure you are doing it.
7 Ultimate Steps To Acquire eCommerce Business License In UAE (2022 Tips)
Willing to acquire an eCommerce business license in UAE but don’t know where to start? Check out this guide to know the ultimate steps for the eCommerce business license registration procedure.
Believe it or not but eCommerce platforms are gradually becoming the talk of the town. And why not. After all, eCommerce stores help you in reaching your target audience worldwide and that too without spending much on marketing. Surprisingly, the E-commerce sales in the UAE are expected to grow by an average of 23% per year between 2018 and 2022.
Now, the question is, “ How are you going to become a billionaire after attaining an eCommerce business license in Dubai?” Well, it’s easy. But before that, let’s explore the opportunities and benefits of incorporating eCommerce businesses in the UAE.
What are the opportunities and benefits of getting An eCommerce Business License In The UAE?
Did you know? As per the reports by UAE National Economic Register, the eCommerce sector issued the highest number of eCommerce business licenses. Here are some good things about setting up an eCommerce entity across the regions of the UAE:
- Benefits of zero taxes, excluding 5% of VAT
- There isn’t any additional fee required for starting the business or during the entire business process
- Permission for multiple currency transactions
- Expatriates get 100% ownership
- No restrictions on capital withdrawal
- Minimal cost of operation
How Many Types of E-commerce Licenses in UAE are currently available?
Now, when you know the benefits of starting an eCommerce business in UAE, let’s explore the types of eCommerce licenses.
E-trader license
The e-trade license scheme by the DED(Department of Economic Development) aims to help online stores on various social media platforms, including Facebook, Snapchat, Instagram, etc.
These online stores can get an eCommerce license, no matter what platform they are currently running. Currently, only UAE citizens can are eligible to avail of this scheme. Additionally, this scheme restrains individuals from launching a physical store.
Portal License
Even non-UAE citizens can are eligible for obtaining this type of eCommerce business License in UAE. You can lap up the benefits of linking your buyers and sellers with each other via portal license. This type of license is extremely beneficial for listing websites.
Virtual Company License
Another essential eCommerce license is a virtual company license. However, its business scope is limited to only three sectors, including:
- Computer and technology
- Designing Related Businesses
- Printing and advertising related services
Here are the 7 steps you need to follow to get an Ecommerce Business License in Dubai
1-Analyse The Legal Structure Of Your Ecommerce Business
Prior to starting your business, it’s essential to understand the legal structure of your business. Choose your suitable business model from the following list:
- business-to-business(B2B) model
- business-to-client(B2C) model
- client-to-business(C2B) model
2-Select The Suitable Location For eCommerce Business Incorporation In Dubai
Once you know the legal structure of your eCommerce entity, the next step is to choose the most suitable location for your business. This location complete depends on the type of business activity you practice. Presently, there are 30+ free zones and 2 Dubai Mainland locations available for incorporating aN eCommerce business in UAE.
3-Register Your eCommerce Entity’s Name
After picking the relevant location, another step is to begin the registration process of your eCommerce trade’s name. Go to the suitable Economic Department for collecting the registration form and fill it up.
Point to Remember:
Make sure you are using a name that’s valid as per the norms decided by the UAE government. Avoid using foul, religious, and controversial terms in your entity name.
4-Submit Your Dubai eCommerce License Application
One more important step for completing the registration process of your eCommerce business is to submit the license application. Check below the list of documents you need to present:
- The application form must be filled out completely
- A copy of each shareholder’s passport/visa
- Investors and shareholders must provide proof of their identity and address
- Copies of sponsors’ passports/ Emirates IDs
- An agreement between a local service provider and a civil contractor
- Obtain a letter of authorization or NOC from the appropriate authority
- Memorandum & Articles of Association
5-Rent A Physical Space For Your Business
Your eCommerce store isn’t considered a legal entity without a physical office space. Make sure you have one for performing and managing your business activities, such as shipping.
6-Accede to the Export/Import Regulations
Make sure your business has a registration with one of the ports and customs authorities. It will allow you in receiving an importer’s code. Right now, UAE imposes a custom duty of 5% on imported goods. You can sell your product/service within the free zone regions without any import duty if your company belongs to Dubai free zone.
7-Set Up A Corporate Bank Account
Setting up a corporate bank account is also essential for hassle-free transactions of your eCommerce store in Dubai. The application procedure to open a corporate bank account is quick and easy. So, all you need to do is to look for the bank that fulfils your trading needs and open an account in it.
Wrapping it up:
Without a doubt, the opportunities for eCommerce businesses are gradually increasing in Dubai. And this is a motivating factor for investors to acquire an eCommerce business license in UAE for making a profit.
We hope this article post is going to help you in getting an eCommerce business license without any hassle. However, there are chances you may feel stuck while applying for the eCommerce license. Well, you can call experts in that situation.
