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Showing posts with the label freezone company formation in UAE

100% Ownership –New Era in business set up in UAE

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  UAE is home to business owners from every corner of the world . Year after year, a number of international investors and business groups take advantage of its prime organizational environment. Many global corporations chose to jump-start their business in UAE simply because of benefits like attractive corporate tax rates, availability of funding, talented workforce, flexible immigration policies for expatriates, advanced infrastructure, low crime rate, and the list goes on. The new foreign ownership rule will put UAE’s global position as an emerging market and global hub for foreign investment. And along with it, the country is also looking forward to building positive commercial diplomacy with other nations. This means now is the perfect time for foreign investors to go ahead with their investment plans in setting up a business in the UAE. By reaching double-digit growth in external non-oil trade during the first quarter of 2021, Dubai triumphs and once again proves its ...

How do I set up tax practice or any service/professional license in Dubai?

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Seems you are getting your hands on the very successful business profession that is in very demand and will be in future in Dubai as the VAT implementation and also other professionals will be requiring successful tax practitioner like yourself. As the time passes by, you need to act quickly so that all of the formalities for your business can be completed before the end of the December as you know January will be a crucial month in UAE and whole GCC. First of all, you need to get a valid license from the Dubai Government which allows you to do tax practicing as the legal way and will help you to get the bank account and the office gets ready for your work. The license here is the important thing and other than that will be your client. Once you will get the license you can start your brand and service advertising at the larger stage which will help you to attract many clients who are in desperate need of your service. Just to write here on how to get a license and to get the li...

How to set up or start a new company in Dubai UAE, A Brief Guide for you or Contact on abdulhusen@prodesk.co

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Souq and Its AMAZING DEALS Hey!! Dubai i s the land of opportunity for everyone around the world and you are definitely a lucky one that is going to start his own business in Dubai and have a successful venture to pass on to your families, so go through the below details and you will definitely get more understanding regarding how to start your business in Dubai or in UAE. There are various options including cheaper and costlier to set your business and start a successful company and then there comes Mainland setup and Free Zone setup whose difference is already explained in this blog only.  In free zones, some of the famous ones are DMCC, DWC, Dubai Media City, Dubai Internet City, Dubai Design District and much more.  If you are going with a hassle-free zone, which is the best and the cheapest, you should always go with SHAMS Free Zone or The Hamriya free zone. I instructed my friend to set up his low-cost business in  the Free Zone ...

What is the difference between an LLC and a Freezone company in UAE?

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There are various options available in UAE for the Investors and International companies looking out for establishing a business relation in this region. The Investor can opt for either Mainland License or Free Zone license. Being a business owner in a mainland LLC and have a good amount of knowledge in free zone setup also because once I was also having the same question while setting up my own company, this doubt was solved by the famous business setup company   of Mr. Abdulhusen in a detailed way, hence I am suitable to answer this question. Now, the main difference between Mainland LLC and Freezone LLC is the ownership. In Mainland LLC , For all the licenses available, you are required to have a local Emirati as your business partner either as local service agent for a professional license or a 51% shareholder partner in the commercial and industrial license. So you can’t start any business in mainland LLC without having a local sponsor within your company. Here the...