Dubai,
as we all know, is a hot bed of commercial activities. The economic edifice and
capacity for trade and commerce attracts corporate from all over the globe. For
those who are aspirants in this context and would want to know about Company Formation in Dubai, the
first prudent step is to contact a reputed company formation specialist for a
free consultation. Jurisdiction and services play a vital role here. The easy
steps include selecting your company type, acquiring a license notification,
opening a bank account fast followed by visa processing and eventual stamping.
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Monday, 21 December 2015
Doing Business in UAE Free Zone?
The first free zone opened its gates in Dubai back in 1980. The Jebel Ali free zone, in fact, paved the way for these tailor-made business areas throughout the UAE. The Dubai free zone model later adapted to incorporate cluster economy ethics, allowing free zones such as Dubai Media City, Dubai Internet City, Dubai International Financial Centre, Dubai Knowledge Village and Dubai Healthcare City to become well-established players in the economy.
More freezones soon sprung up around the Emirate, including the Gold and Diamond Park, Dubai Multi-commodities Centre, and the Dubai Airport Free zone.
Freezones have been designed to attract companies and play an important role in both engaging and retaining their business.
Jitendra Consultancy Group Provide best services in business formation in UAE. What, then, are the benefits to setting up in a free zone? Jitendra Gianchandani, managing partner, Jitendra Consulting Group, says there are many benefits.
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Tuesday, 15 December 2015
Doing Business in UAE – The Prospects and Many More
The United Arab Emirates has established itself as one of the prominent regional business hubs over the last decade, owing to its seamlessly business friendly set-up and growing economy. This transformation of Dubai has attracted the attention of entrepreneurs from all over the world. Now people look for a chance for Doing Business in UAE. Most probably, you also share the same interest and that is the reason why you are on this page. Isn’t it? Well, whatever may your requirements or motives be, here are some important information regarding setting up business in UAE.
Types of establishments allowed by law
According to the law of UAE, foreign entities (who are eager to start their businesses in Dubai) are allowed to start five different types of formal or business establishments in the country. They are given as under –
- Start a permanent establishment
- Set up a branch office
- Establish an entity in the free zones of UAE
- Set up a civil company (only in Dubai and Sharjah)
- Get started with a commercial agency contract
About UAE free zone
The government of UAE authorizes foreign entities to establish business in the free zones. These zones are strategically located in – Abu Dhabi, Sharjah, Fujairah, Ras Al Khaimah, Umm Al Quwain and Ajman. There are many benefits of UAE Company Formation and the list of free zones is also endless. To sum up, business opportunities in these zones are many. Types of business licenses issued for operating in the free zones are –
- Trade license
- General trading license
- National industrial license
- Service license
- Industrial license
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Monday, 14 December 2015
Business set up in Sharjah – Benefits, Strategic Location and Finding a Reliable Consultancy Firm
Sharjah, the location
of this city, pocket-friendly real estate pricings, its business-friendly
set-up and growing population make it one of the perfect sites for setting up
businesses in the United Arab Emirates. Apart from that, there are so many
other benefits of Business set up in Sharjah. Going through this post would help you get familiarize with them.
Read on!
Prominent
benefits of setting up business in Sharjah
·
Amazing tax benefits
·
Strategically located free zones
·
100% ownership
·
Provision of doing multiple businesses
- Permission for opening bank account in Dubai
What is so strategic about the location?
As far as the location of
the UAE free zones are concerned, you might have heard about their well-thought
and strategic position. These zones are located between and near airport and
seaport. This makes logistics simple, easy and convenient.
However, getting
started with the process of Business set
up in Sharjah involves a number of formalities. In order to get through
them, you would need the assistance of a reliable and well-established
consultancy firm or else you have to face delays and other unwanted
consequences.
How
to find a consultancy firm?
In regard to the
increased interest of businessmen from all around the globe in setting up
business in Dubai, you are more likely to find a number of firm offering
consulting and Accounting Services in Sharjah. However, before selecting a company, do remember to check for the
following requirements:
- ISO 9001:2008 Certification
- Association of Chartered Certified Accountants – Approved Employer
These are the
benchmarks of high quality services and reliability.
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