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Real Estate Business Setup in Dubai UAE

Setup Real Estate Company in Dubai Official Website : https://bss.blackswanbss.com/ For business setup Call us on +971 56 219 3732 / +971 4240 6939 You will have following questions in mind before you setup a real estate business in Dubai : 🗸 How to Setup Real Estate Company in Dubai 🗸 Documents for setting up of Real Estate Company in Dubai 🗸 Process for setting up of Real Estate Company in Dubai 🗸 Real Estate License in Dubai 🗸 Cost for setting up of Real Estate Company in Dubai 🗸 Setting up of Real Estate Brokerage Company in Dubai, 🗸 How to become a Real Estate Agent in Dubai 🗸 Step by Step Process to Start Real Estate in Dubai 🗸 Is real estate business profitable in Dubai? 🗸 How much does it cost to start real estate business in Dubai? 🗸 How can I start real estate development company in Dubai? 🗸 Can I register a business in Dubai? 🗸 Setup Online realestate company in Dubai 🗸 Can i setup Real Estate Company in Dubai Free Zone Tags: How to Setup Real Estate Company in Dubai, Documents for setting up of Real Estate Company in Dubai, Process for setting up of Real Estate Company in Dubai, Real Estate License in Dubai, Cost for setting up of Real Estate Company in Dubai, Setting up of Real Estate Brokerage Company in Dubai, How to become a Real Estate Agent in Dubai, Step by Step Process to Start Real Estate in Dubai
Company Formation & Business Setup in Oman

Company Formation & Business Setup in Oman

Everyone needs a successful business and for starting a successful business a person should select an appropriate location. Now Oman is an appropriate Hub for companies who are planning to start an overseas company from any part of the world. Oman, also known as the Sultanate of Oman, is a strategically landing place for growing business. Oman is one of the top growing GCC nations and a place with plenty of domestic & international business opportunities. The Omani Government has taken multiple insatives & steps to make foregin companies & investors be a part of Oman’s developing economy. Multiple steps have been taken to attract Investors to Oman. If you are planning to divert your business to an international level, Oman is the right place. You will be reading on how you can setup or incorporate your business in Oman and also you can see different business structures to incorporate your business in oman.

Why should you Start a Business in Oman?

You can find a great transformation in Omans Social & Economic in past few years, attracting investors to invest for business in Oman. As we know oman receives a good revenue from oil and oil product related business which runs the economy to a great extend. We can also see that tourism business is emerging in Oman and all related businesses are emerging. Oman has developed several free zones to increase industrial related business and also to attract foreign investors, various companies are emerging beyond the oil industry. The free trade zones in Oman are located in Al Mazunah, Sohar, Salalah, and Duqm SEZ favouring the Logistic facility by Sea, Road & Air. In Oman Free Zone one card setup Industries which allow it to perform manufacturing, import & export, warehousing & storage, and manufacturing.

Types of Business Entities in Oman for Company Incorporation

The location of Oman is well-suited for the following business structures & Entities :
Sole Proprietorship Company in Oman
A sole proprietorship is a one-person company which can be opened with a single sole director and limited or no minimum paid-up share capital requirements. A proprietorship company is the most commonly used entity for foreigners planning to start or setup business in Oman via a simple corporate structure.
Joint Stock Company in Oman
With a minimum of three shareholders a joint-stock company can be formed in Oman. Joint-stock companies can be private or public. These companies can be incorporated by businesses who would like to be involved in large investment of funds or raising capital.
Limited Liability Company in Oman
An LLC company can have an Omani, GCC or USA shareholder. An Omani LLC is the commonly used entity for foreigners who are willing to register business in Oman
Joint Venture
A Joint Venture is an internal mutual agreement between two or more parties whereby one party can perform business in his/her personal name while the profits/losses of the business are shared. A Join venture company is not a legal entity and therefore Joint Venture Companies does not require any form of registration with, nor has protection from, the local authorities.
Holding Company
A holding company is an entity that owns at least 51% of the shares in one or more joint-stock or limited liability companies.

What are the Benefits of Business Setup in Oman

The good news is that the foregin investors have a great opportunity to invest in Oman and set up business. You will have several reasons to start a business in Oman. Given below are benefits of Company incorporation in Oman:
  • A strategic business location to do any business
  • Availability of natural resources within oman
  • Fast developing economy for growing business
  • Government support to boost new business & startups
  • You will have No personal tax
  • Exemptions Available in Oman
  • Oman Emerging business in the non-oil sector
  • Oman developing in tourism sector
  • Business-Friendly Relations with Neighboring Countries
  • World-class infrastructure globally ranked ports, airports, roads.
  • Tallent Pool with strong hold on Research and Development

How can you Start a Business in Oman?

Just like the UAE & other GCC countries, the Oman company incorporation process requires a list of steps. Before having an overview of the company setup process, let's discuss the company registration process in Oman.

Oman Company Registration Process

During Oman company registration process the business entity is given a physical platform to run or setup business. To start the business setup process, there are few steps that need to be followed strictly Now you can continue reading the steps related to the company incorporation and also the post incorporation process that has to be followed once you have decided to open a company in Oman.

Company Incorporation Process in Oman

Selection of Unique Trade Name in Oman
A trade name selected should be unique and related to the business. Decide the name which best matches your business / product or service which you are offering and submit the application to the Ministry of Commerce and Industry (MCI).
Documents to be submitted for Oman Company Incorporation
In the initial stage all the below documents are to be submitted for initiating the company registration process in oman. The essential documents required for oman company registration are:
  • Memorandum and Articles of Association
  • Shareholders’ Visas and Passports
  • Tax Registration Certificate
  • Identity Card of Shareholders
  • Certificate of Initial Deposit
  • Filed Company Registration Form
  • Chamber of Commerce and Industry Affiliation Certificate
Corporate bank Account Opening
Once all the incorporation documents have been submitted, a capital corporate bank account needs to be opened to deposit the initial incorporation fee.
Register with Oman Chamber of Commerce
Its to be registered with the Oman Chamber of Commerce and Industry (OCCI) for all compliance with the Oman commercial rules and regulation required of a corporation in Oman.
Register the Business in Oman
Register the business in oman involves step to submit to following documents :
  • Legalized Opening Forms
  • Municipality Approval
  • Share Capital Certificate

Post Company Incorporation Process in Oman

Apply for Visa
Now its time to apply for a Visa for all employees soon after the incorporation process is over. You can contact a company incorporation expert or a visa consult
Employee Registration
The employees which are hired must be acknowledged as a part of the business entity and for which registration of the employees under the company name is to be done.
Conversion of Bank Account
The business capital bank account should to be converted to the current account so as to ease the business transactions successfully.

Business Setup Services in Oman

Black Swan brings to you with flexible & affordable business setup solution package which includes:
  • Company Incorporation and Registration
  • Local Sponsorship
  • Public Relations Officer (PRO) Services
  • Accounting and Bookkeeping
  • Auditing
  • Tax Consulting
  • VAT Registration
  • Intellectual Property Services
Various steps are involved in Company Formation in Oman. You can Consult Black Swan if you are looking for Company Registration in Oman. You will get a full End to End Solution for Company Incorporation in Oman.
How to Open Corporate Bank Account in Oman for Companies

How to Open Corporate Bank Account in Oman for Companies

The first step to consider after your company registration is to apply for a corporate bank account. To open a business bank account is proof that your company is doing business and exists in the market. The corporate bank account focuses on offering their services to businesses and companies. One such benefit is that the corporate account permits companies to get advice from bankers who can help you in business if facing fiscal hardships. One must stick to the rules set by the Government of Oman when opening the corporate bank account. The procedure is very simple. You must collect the relevant documents and submit them to the bank you like to. The bank where the account is opened should be chosen after proper inspection.

Corporate Bank Account's Features in Oman

Assist in Audit

The corporate bank account has the detailed information of all transactions that are conducted by the company. When your company bank account doesn't overlap your personal bank account, you don't need to go through all your transactions to find essential information. This can save more time and labor for both the business and the auditor.

Enhances Your Image

When paying the creditors or suppliers, you can issue a check from the business account to let your customers know that you're conducting a business. Also, using separate account books can make your creditors believe that your company is true.

Gives A Professional Appearance

The company's image will enhance if you keep a business account. So while using cheques, the creditors will acknowledge your business.

Company's Liquidation

If there comes a sale in the company, a process like an audit is performed by the buying party. In that time, you need to provide more documents. Hence the banks can consider the legitimate authority for verification. These banks maintain all data and statistics which gives the ease to transfer the company.

Documents Needed To Open The Corporate Bank Account

  • Eligible Visa
  • Valid Passport
  • Id of shareholder
  • Two photos of shareholders
  • Residency copy
  • Work-Permit
  • Resident Card
  • Original trade license
  • Reference Letter from bank (expats country of origin)
  • No-Objection Certificate from Omani employer (stating expected salary disbursed into respective accounts)
  • Proof of residential address
These documents should be with a business person when opening an account in the corporate bank. We can guide you to set up an account in Oman that provides all necessary steps. Our experts' team can assist you throughout the process. Are you looking for a Business Setup Company in Oman ? You have landed the right website, Blackswan can help you in corporate bank account opening and also entire Oman company incorporation process
How to Setup and Start HR Consultancy Business in Dubai

How to Setup & Start HR Consultancy Business in Dubai

Figure out the importance of Human Resource Consultancy business in the cosmopolitan Dubai. Like its understanding of importance it is equally essential in knowing difficult work ambience. We are sure; HR consultancy services are not a smooth road but a challenging one, which forces you to the edge to every corner. Always get good relaxation, motivation and take your energy to be more tolerant.

Set your foot in HR Consultancy

Companies truly struggle in picking out befitting candidates for the vacant roles from the busiest, influential and talented world of Dubai. Thus, HR Consultancy companies come into life. Although there are many popular HR consultancies, there is still a need for start-up HR firms to pick the best candidates for the vast industrial and business market. Be thriving and energetic because technologies, artificial intelligence and machine skilling have seen enormous growth. All the angles of HR consultation has a plethora of potential business opportunities that comprises recruitment, selection of candidates, general consultation, assigning employees, providing training, learning, employment rules, regulations and so on. Most of the HR consultancies provide basic HR assistance and general particulars. This kind of consultancy does more focus on a few areas and they possess high in depth proficiency.

Authorized services of Dubai’s HR Consultants

Recruiting process is not bounded by the United Arab Emirates Consultancy services. HR consultant firms can do different variant services of Manpower enforcement. Companies and Industrial sectors that focus on production and other product & sales complications could hold support from a third party firm for its reduced tightness of workforce management. Setting up a HR consultancy in Dubai is a wise option. You cannot simply set it up but all we need is a license to start. The list of services permitted under HR consultancy business in Dubai are, Human Resource Management – Either initiate your consultancy as a man-power sourcing recruitment firm or step into a complete consulting service provider. Any business or company that lands in Dubai views HR management service as crucial and very essential factor. Dubai, as a centric place of UAE, has properly structured labor acts and regulations that should be followed by every segment of companies. Human Resource management is thus simply managing and enforcing man power of clienteles. Planning administration and restructure – Entire re planning of administration and organizational restructure show as the needs of engaging Human Resource experts in support. Companies themselves need not to be involved in doing restructuring process. All a clientele firm need to do is handover to an HR consultation. Programmed HR objective – The employee number in a company does not only depend on its number of projects. It depends on the core focus of the company, vision and mission of the company and the plans it holds. Number of employees and potentiality of a staff enrolled in are decided by the HR consultancy. Thus, HR consultant firms in Dubai take care of objectives, resolutions and plans of the company. Auditing of HR – You are permitted to stretch your hand in HR based auditing service to your client firm when you possess Human Resource Consultancy License in Dubai. Sometimes business firms or industrial units struggle with less productions whilst having sufficient employee rates. The fundamental flaw here is irregular labor management. So, HR audits are beneficial to remove interims affecting businesses. Employee scanning and payroll management – Industries and companies concentration must be focused on its core business process. Engaging with a HR consultation relieves payment calculation, salary disbursement, interviews, and hiring employees with promising talent a company looks for. HR consulting agency in Dubai has complete approval to take care of payroll managements and performance analysis for neglecting weakness of entity.

Documents needed to apply

  • Description of your business duties
  • Ejari, called as tenant contract of office space
  • Brief Background of owners
  • Owners copy of passport
  • Mandatory Experience of 5 years internationally or 3 years in local market
  • White background taken photo of owners
  • Visa of shareholder – either residence or tourist visa
  • Minimum qualification of Bachelor’s degree in Human Resource Management
  • Emirati Identification proof
  • Family book and Passport copy of UAE’s sponsor

Process of setting up HR Consultancy

Authorities for beginning a HR service company in Dubai, UAE, impose a free and simple procedure. Make sure all the procedures are being followed and every required documents are submitted for the easy approval and possible delays of the application. There are Two kinds of HR agency licenses in Dubai. One is a license for Temporary Recruitment and the other is Brokerage license. Think and choose your required license scheme and focus on applying for the respective license in Dubai. Follow the steps provided for application of Human Resource Consultancy setup license of the United Arab Emirates. Choose your company location – Your recruitment agency can be put on in Mainland or free zone areas of Dubai. Depending on the locality you are selecting to establish your firm, procedures vary a bit. The regulatory body of government, DED – The Department of Economic Development holds responsibility for license issuance for HR consultancy start ups in Dubai Mainland. Whereas special authority of free zone business areas hold free zone HR agency license approvals. Select and Register your business name – Before dropping an application for HR consultancy, choose a proper name as per the rules and regulations by the authority of UAE. Issue every document properly under the chosen business name. Legal System – Form an appropriate legal system for your established consultancy office. Countersign your legal structure with recognized notary. After all these steps are completed in proper format and without errors, HR consultancy license comes without procrastination.

Pros of Dubai’s HR consultant license

Dreaming and establishing a HR consultancy office in Dubai to further provide services to tie up companies of Dubai is advantageous. Many kinds of business, big and small, makes UAE a best market place. Exceptional growth chances, No heavy taxes, Chances of getting numerous clients, simple establishing procedure makes Dubai an attractive place to set up HR Consultant service business.
Oman Tax System for Successful Business

Oman Tax System for Successful Business

Taxation is the dimension where no business entity could deny. Be it a corporate entity or an individual, it must comply with the taxation system. Oman is part of the GCC nations, and individuals that don't need to pay any tax. On April 1st 2021, the nation incorporated the VAT system in the United Arab Emirates, Saudi Arabia, and Bahrain. Hence, the Corporate entities must pay a VAT of 5%.

Activities under the VAT System in Oman are:

  • Commercial
  • Professional
  • Industrial
  • Artisanal
  • Service activity
Following supplies must be exempted from taxable conditions like:
  • Healthcare services
  • Financial services
  • Educational services
  • Bare land
  • Local passenger transport
  • Mining
  • Rental of properties
  • Export of processed products
  • Fish processing and fishing
  • Farming and breeding
  • Medical care

Withholding Tax in Oman

10% of withholding tax can be applied for the below mentioned services in Oman:
  • Research and development
  • Royalties
  • Management fees
  • Right to use computer software
Black Swan can help you in business setup service in oman and experts can help you in End To End Oman Company Formation process
Company Registration in Muscat

Company Registration In Muscat

Muscat is the capital city of Oman, also known as the largest city of the country. It is the best location for starting up a venture in the new infrastructure network. This has access to global markets, a secure and stable investment environment, an educated workforce, trade agreements, international networking and a healthy economy.

Vision 2040

With the aim of increasing GDP to 10% by 2040, the number of expats increases in the country. The analysis has the population count of 5 million people in the upcoming years.

With the sprouting business idea in the favorable zone, particularly at an international level, one can go forward with global competition. For instance, the Sultanate of Oman is the emerging country that is preferred by business magnets of the Middle Eastern region.

Surrounded by Yemen, Saudi Arabia and the United Arab Emirates, it has the international investors attention in one place. The business set up at Muscat is the intelligent decision an investor makes, as the new companies emerge to expand their branches.

If entering into the core grounds, let's look into the imperative dots to get an understanding.

Export Of Non-Oil Products

Being the well-known exporters in oil products, Arabian countries broadens its focus on non-oil sectors. Oman is mimicking the same patterns of its economy by introducing business opportunities to reach the non-oil sectors and benefit from the economy.

Oman- The Business Magnate's Podium

The Sultanate of Oman depends on the oil-based segments that get handsome revenue for their economy. In the global scenario of digitalization, the emerging opportunities are lined up with the Omani government that is focusing on.

The business opportunities in Oman are the most dynamic destinations for a freelancer and multi-millionaire.

If you're having a business idea in mind, this can be the right time to form a company in Oman. Global foreigners find the destination to be the better investment platform to generate huge profits.

Free Zones in Oman for Registration

Muscat Company Registration Process

The following steps are used for the registration process:

Choosing A Business Structure In Muscat

To incorporate a business entity, the business investors have to choose the business entity structure based on the number of shareholders and available capital.

Investors gets the following options like:

Document Submission For Company Incorporation In Muscat

Submit the business papers for the registration process, soon after the finalization of your business name.

Needed Documents Are:

  • Constitutive Contract
  • Duly Filled Application
  • Memorandum & Articles Of Association
  • Initial Deposit Certificate
  • Tax Residency Certificate
  • Certificate of Chamber of Commerce & Industry Affiliation
  • Initial Deposit Certificate

Ensure to check the records before submitting to the respective authorities.

Black swan Can help you in Company registration in Oman & end to end Oman business Setup Process. You can request a quote or call us to get more information on Oman Company Incorporation.

Procedure For Formation Of Company In Oman

Procedure For Formation Of Company In Oman

Foreign investors in Oman usually incorporate a Limited Liability company. Here you can see the procedure to register a company in Oman for incorporating an LLC.

Choose the activities for business

You have to choose the activities carried by LLC. If insurance and banking activities are carried out, the applicant can take consent from the MOCI.

Company Registration

If registering the company, applicants must apply to the Ministry of Commerce and Investment to get a trade license. The applicant can secure through other permits as well.

Document Submission

Applicants must have all the documentation to register a company in Oman.Essential documents are articles of association and memorandum of association of the company.

Reserve Name

Applicants must pick a relevant name for the LLC. The name should be aligned with the objectives and goals of the business. It should be in Arabic and have a legal meaning in the Arabic language.

Certificate Of Incorporation

After the above mentioned steps the applicant will receive the incorporation.

Eligible Criteria For Oman's Company Formation

Trade License
Foreign investors who register a company in Oman use the limited liability company. The LLC should secure a trade license from the MOCI. MOCI has different kinds of licenses to carry out a business in Oman. Based on the requirements of the applicant, the license has to be secured.
Minimum Shareholders
The company must appoint the minimum shareholders. For instance, a JSC in Oman can have a minimum of 3 shareholders. Likewise, the needs of the shareholders are sufficed in the Oman company incorporation process.
Minimum Directors
At least one director is needed to carry out the operations.
Name Reservation
The name has to be reserved with the MOCI. The LLC's name should reflect their nature of activities. The name must satisfy the needs of MOCI. It should not breach any copyright, intellectual property, or trademark. The name should not deceive the public or the shareholders.