Start a branch office in UAE

How to Setup a Branch/Representative Office in UAE

Posted Leave a commentPosted in FreeZone Company Formation Dubai, UAE Mainland Company Formation

There are many options available for foreign investors to enter into the UAE business market. One of the popular ways is to open a branch/representative office of their already established foreign company. This method allows the foreign investors to gain 100% ownership of the company. The usual scenario to set up a company in UAE […]

Start a Pharmacy in Dubai

Setting Up A Pharmacy in Dubai

Posted Leave a commentPosted in UAE Mainland Company Formation

The UAE has a highly developed health infrastructure. Medical facilities are modern and easily accessible for both locals and expats alike. There is an increase in demand for healthcare services over the past 10 years, spurred by population growth, increase incidence of lifestyle-related medical conditions and medical tourism. Dubai is ranked the second popular medical […]

How to Start Architectural/Engineering Consultancy Firms in Dubai?

Posted Leave a commentPosted in UAE Mainland Company Formation

The architecture industry in UAE has evolved tremendously during a short period of time. From a barren land, to holding the World record for the tallest building in the world, Dubai’s architecture has developed rapidly and keeps on growing. According to Dubai Design and Fashion Council, the UAE’s design market will grow by 13% from […]

What are the new business opportunities available for companies that set up their business in Dubai before Expo 2020?

Posted Leave a commentPosted in Expo 2020

Geographically, Dubai is uniquely placed as it is within 4 hours flying of one-third of the world’s population and within eight hours of two-thirds. From 2017 onwards, opportunities to profit from the lead up to Dubai Expo 2020 have started. Companies that focus on industries such as transport, construction, electricity and real estate are already […]

What are some specific benefits of doing business from the offshore jurisdiction?

Posted Leave a commentPosted in Offshore Company Formation UAE

Investors do not need to pay corporate or personal income tax. Bank secrecy You do not have to be physically present (IN RAK) in order to start a business in the offshore jurisdiction Privacy is given utmost importance. The formation, maintenance and operation of a company in offshore jurisdiction come together with exceptional transparency of […]

Can you give comparative advantages of setting up a business in Dubai Offshore and RAK Offshore?

Posted Leave a commentPosted in Offshore Company Formation UAE

Both offshore jurisdictions offer most of the services and the advantages are similar such as: Lower tax liability – No double tax agreements Limited reporting requirements Minimum capital requisites Absence of public register Strict confidentiality policies But there are some key differences as well. If you are a business looking forward to setting up a […]

Which are the offshore zones available in the UAE to set up a company?

Posted Leave a commentPosted in Offshore Company Formation UAE

There are three offshore jurisdictions in the UAE. They are: Ras Al Khaimah, ( RAK Offshore), which is under the jurisdiction of Ras Al Khaimah Investment Authority (RAKIA) Dubai Offshore, which is under the supervision of the Jebel Ali Free Zone Authority (JAFZA) Ajman Free Zone, which offers Offshore Licenses to companies that seek to […]

Why should your business be set up in Offshore UAE?

Posted Leave a commentPosted in Offshore Company Formation UAE

Free remittance of profits Security of property rights Access to tax treaties Customs and duty exemptions Greater privacy Validity and Authority of contracts Limited restrictions Higher revenues and returns Exceptional political stability Access to the best jurisdictions Banking privacy Access to foreign insurance Government cooperation Foreign investment inducements Highly stable legal systems State-of-the-art banking facilities […]

How can I open an offshore company in the UAE?

Posted Leave a commentPosted in Offshore Company Formation UAE

Bizvest can help you set up an offshore company in the UAE if you can furnish the following documents: Copies of passports of director and shareholder; Recommendation letter from bank; Certificate confirming residential address of shareholders- this includes statement from the account, which specifies the address; bill for payment of utility services. Bizvest provides cost […]

What are the advantages of registering an Offshore Company in the UAE?

Posted Leave a commentPosted in Offshore Company Formation UAE

Exemption from taxation; 100 % ownership by foreign legal entities and individuals; No requirement for a minimum amount of registered capital; Confidentiality; No restrictions on expatriation of capital and profits; No need to provide accounting records and audit; Fast registration – within 3-5 days; No customs duties on imported and exported goods Offshore Company Formation […]

What are the procedures and documents for getting registration for setting up a company in Free Zone?

Posted Leave a commentPosted in FreeZone Company Formation Dubai

After getting the initial approval, the registration fees and license fee need to be paid. Again, the fees depend on the type of license required. After this, you will need to submit the following documents: Completed application for registration Board Resolution appointing Manager/Director (Notarised and attested) Power of Attorney given to Manager/Director (Notarised and attested) […]

What are the requirements for initial approval for setting up a business in Free Zone?

Posted Leave a commentPosted in FreeZone Company Formation Dubai

The following documents are required to secure the initial approval: Completed application form Business plan Copy of existing trade license/registration certificate (if you are an existing company, this is applicable for local company only) Colored passport copies of the company’s shareholder/s and the appointed Manager/Director for the new company Specimen signature of the company’s shareholder/s […]

What are the documents required to get pre-approvals to start a business in Free Zone?

Posted Leave a commentPosted in FreeZone Company Formation Dubai

Companies established in free zones are governed by the rules of the respective free zones. To secure all the required approvals, Bizvest can guide you apply with the documents. The type of documents varies based on the type of business activity, the company type and the norms set by the free zone authority. Freezone Company […]

Please provide some insights on securing a business license for Free Zone?

Posted Leave a commentPosted in FreeZone Company Formation Dubai

The type of business license you will apply for depends on the primary activity of your business. Types of business activities you can conduct in a Free Zone depends on the Free Zone itself. For example, twofour54 focusses on Media and Broadcasting. In DMCC, there are about 600 business activities to choose from. This includes sectors […]

What is the Capital requirement for a business set up in Freezones?

Posted Leave a commentPosted in FreeZone Company Formation Dubai

It depends from one Free Zone to another. There is no minimum capital requirement at twofour54 Abu Dhabi (this free zone is named after the geographical co-ordinates of Abu Dhabi (24° N, 54° E), catering to the demands of the region’s media industry. BBC, CNN, FOX Television, National Geographic Channels, Sky News Arabia, Cartoon Network, Ubisoft, […]