Company Formation & Setup in Ajman Media City Freezone
Setup Cost - Registration Details - Documents - Packages
View Ajman Media City Package https://bss.blackswanbss.com/ajman-mediacity-freezone-company-setup/
Get a Proposal Today
Catering has long been a big business in the UAE due to the thriving tourism sector and affluent community. Dubai is at the centre of this market either to dine in or order and take off or grab a bite from one of the food trucks. There is a huge demand for great food, though there is a new restaurant popping up on every corner. Working with a local expert, will never make it easy to start a catering or food delivery service business in Dubai. you can be up and running in no time if you do your homework and know what to expect.
How To Start A Catering Business In Dubai
It is a little different to start a catering business in Dubai. A few more requirements in terms of food hygiene and safety have to be met in order to obtain your catering business license. All process is briefed under following steps:Step 1: Choose Your Business Activity
Business license must contain the list of business activities, or activities. At the time of applying for the license, every activity that applies to your business should be enlisted. For example, in the catering business, the list should have food delivery, food truck, café etc.Step 2: Choosing Your Company Name
The time consuming step of business incorporation in Dubai is the process of choosing your company name. UAE has put forth a defined naming convention that has to be in mind before selecting a name that’s catchy and captures the essence of your business. The company name should not contain any hateful or offensive language, any references to renowned institutions or any abbreviations of your name. But full names can be used.Step 3: Setting Up In A Free Zone Or The Mainland
The type of setup you require is the next key step in starting your business. The two common options in the UAE are free zones and the mainland. Both have pros and cons with differences. You can trade directly with the local market without a distributor or local agent, if you choose a mainland setup. In a free zone you cannot do that though you get exemptions from customs tax and other financial incentives.Step 4: Applying For Your License
Applying for your trade license is the most important step. depending on the nature of your catering business and the location of setup, the license application process differs. You can make your application for a license directly to the Dubai Department of Economic Development, if you’re setting up in the mainland. You should apply directly to the managing authority of your chosen free zone, if you’ve chosen free zone setup. Blackswan Business Setup helps in either case, to make your application. Several documents have to be submitted along with the application that include Your business plan A copy of your passport – and that of any other shareholders A copy of your signature A No Objection Certificate from your current employer (if applicable)Step 5: Meeting Additional Catering License Requirements
A trade license along with a catering certification, obtained from the Dubai Food Safety Department is required to start a catering business in Dubai. Details of your kitchen or food preparation area need to be provided that includes the location of entrances, exits, and ventilation. The UAE Food Code has also to be adhered to.Step 6: Applying For Your Visa
The final key step is obtaining your visa to start a catering business in UAE which involves 4 stages including a medical fitness test and biometric capturing which usually takes less than a week. You can also sponsor others such as children, a spouse or domestic staff for their visas too, being a Dubai business license holder if you fulfil the eligibility criteria.What Is The Cost Of A Food Delivery Service License?
The most commonly asked question is — how much is a catering license? It ranges from AED 15,000 to AED 25,000. You will have to meet the costs of premises, equipment, ingredients, and any additional approvals that you require.
DMCC Free Zone Company Formation Process : Dubai, the business hub of the Middle East is on a growth trail! Many business zones have come up in Dubai to support its growth like the Multi-Commodities Center Free Zone, which is the fastest growing free zone in the UAE. The Dubai Multi-Commodities Center Free Zone, DMCC, is designed for trade, and has all facilities & amenities for business growth. The DMCC houses a vibrant community, world-class services, innovative infrastructure, and stunning properties, a stone’s throw away from Dubai city, the most strategic business hub of the world. This makes it a golden opportunity for the growth of commerce and retail sector. Apart from that, the Financial Times FDI magazine has crowned DMCC as the ‘Global Free Zone of the Year’ for 3 consecutive years. At the time of formation DMCC was set up as a leading trade hub and international commodities center. Today, the DMCC has developed as one of the finest choices for any business organization to start up its operations.
Company formation in Dubai Multi Commodities Center Free Zone
The Dubai Multi Commodities Center (DMCC) was incorporated in 2002, as a strategic drive of the UAE Government to allocate a competitive marketplace for a flourishing commodities center. Today, the DMCC has more than 15,000 registered companies under it which are actively operating in the Free Zone & every month more than 170 new companies join it as their business start-ups. Here’s a chance to set up a company in DMCC which will not just bring your company a brand presence but also facilities which are the primeFeatures of DMCC Free Zone
- Complete Ownership
- Plug-and-play office
- No currency restriction
- Zero Tax
- Full Access to premium trading commodities
- Easy office lease services
- Repatriation of business profits
- import and export tax exemption
- Connect with Business Community during exhibitions, event, and workshops
Types of Business License in Dubai Multi Commodities Center Free Zone
Business Sectors available in Dubai Multi Commodities Center Free Zone
- Minerals and Metals
- Automotive and Transportation
- Telecom and Technology
- General Trading
- Engineering, and Machinery
- Community and Personal Services
- Healthcare and Hospital
- Household and Personal Goods
- Media and Marketing
- Facility Services and Real Estate
- Education and Financial
- Logistics and Shipping
- Food and Argo
- Precious Stones and Metals
- Energy
- Professional Services
Company Formation Steps in DMCC Free Zone
STEP 1 : company type and Activity
- Free Zone Establishment (FZE)
- Free Zone Limited Liability Company (FZ-LLC)
- Branch of Foreign or UAE based Company
STEP 2 : company type and Activity
- Application form
- A Business Plan
- Copy of Passport
- Copy of Visa
- Residential address Proof
- UAE No-Objection Certificate
- Parent Company Documents (In case of a branch)
STEP 3 : Pay, Sign and Collect
STEP 4 : Choose a Office in DMCC
Black Swan business setup can help you in all the above business setup process in DMCC, Register your company in DMCC Today !.Register Company Today
A remarkable amount of growth has witnessed by the food and restaurant sector of Abu Dhabi and Dubai. The market research conducted by Euromonitor International sales mentioned that there will be more than 20000 outlets to the restaurants in Dubai by 2021.
Foodies from Europe, Asia, Australia, and America contribute to the success of restaurant business in Dubai. Before one decides to open a restaurant in Dubai, they need to acquire some information and follow a code of conduct.
You will be interested on Restaurant Business Setup service in Dubai
To capitalise this surging sector, entrepreneurs seek professional guidance in business set-up firms for walking through the process of opening a cafeteria or restaurant in Dubai. This includes the following steps:
- You have to decide whether to open the restaurant at Dubai free zone or mainland. Seek the approval from the independent authority of a specific free zone or the department of economic development for the mainland.
- You have to create and submit the business plan for the restaurant. The plan is taken into account for the vision of your business, brand management, financial viability and contingency plans. You have to do costing for your business to estimate the capital needed for the restaurant’s initial investment and to run ads.
- You need a business license and permits to operate the business. A trade license from the free zone authority or Department of Commerce or Tourism and the Department of Economic Development (DED). You require a food license from the Food Safety Department.
- You need to comply with the food code. The comprehensive document points out the requirements that a food establishment should follow. The effort by the government ensures a world-class food safety system for residents so that millions of people visit the emirate.
The layout requirements for the restaurant in Dubai
The trade license can be issued after authorities review the construction plan for the restaurant. The food license gives the review of the layout plan for the restaurant interior. Licenses require for specific permissions like serving pork or liquor that offers delivery service to obtain a license. The restaurant owners meet the minimum set of standards to set by the Food Control Department.- The restaurant area has the 750sq ft with a kitchen area of at least 300 sq ft to 380 sq ft that depends on the presence of a tandoor oven.
- The food storage areas are fitted with stainless steel shelves.
- The washing area accommodates separate basins for fish, meat, fruits, vegetables and dishes.
- The separate basin is provided for handwashing.
- The chimney is required for the cooking area. It should extend 2 metres higher than the nearest building.
- The restaurant floor, wall and roof would be fireproof, non-absorbent and washable.
The documents needed for starting a Restaurant in Dubai
You can set up your new cafeteria or restaurant business in Dubai. The 3 main documents are essential to submit to the authorities:- The food and safety license
- The trading license
- The Non-Objection Certificate (NOC) from the local municipality of Dubai.
You can also opt for other permits such as
- The liquor permit
- The Ramadan permit
- Delivery permit
- The pork permit
Setup your Business Today!
LLC Company Formation : Today we can see many business professionals working independently as contractors. This is because technology has advanced a lot and communication across the world has become very effortless enabling more people to do business easily. A major chunk of these business ventures is being run as corporate entities. There are many advantages that go with operating as a corporate entity. It brings the simple home-based ventures at par with larger companies so that they can enjoy the same benefits too.
You will find that your business is in a location that is acknowledged worldwide as being at an advantage both strategically and legally when you choose Dubai or the UAE for the incorporation of your business. Dubai holds within its ambits, many attractions for a modern entrepreneur. The development seen in various economic sectors and banking have got the investors making a beeline to Dubai and the UAE from across the world to establish their business.
Business setup in Dubai
Setting up a business in Dubai is a simple task if you abide by its law. While setting up a corporation in Dubai one of the first things you have to decide upon is the type of legal entity you want to establish. This is one of the most important aspects as you set up. The decision on the type of entity, will depend on the type of product, geographic location, strategic objectives, and scope of business operations such as locally or internationally., A company can be formed under 3 jurisdictions in the UAE. The three are, Mainland, Free Zone, and Offshore.Limited liability Company Incorporation
The expanded form of LLC is Limited Liability Company. As the name itself suggests, incorporation as an LLC reduces the business owner’s legal responsibility and the financial obligation will be limited to responsibility for the corporate assets. This means that it is the corporate entity that will be held accountable for the activities of the business and not its owners or employees. But let’s be clear, this does not imply that they will not be probed for their actions in case of any legal problems. Limited Liability Company (LLC) is the most popular form of commercial enterprise for businesses that want to setup in UAE. This is because you will be guaranteed of flexibility in terms of structure. The icing on the cake is that there are no residency requirements involved. A Limited Liability Company can be formed by a maximum of 50 and minimum of 2 shareholders whose liability is based on their contribution by way of shares in the business capital. One condition that needs to be fulfilled is that for LLC company incorporation in Dubai a minimum of 51% shareholding by UAE nationals is required. We can assist you by finding interested UAE national (s) which will help fulfill this mandatory condition. For an overseas business entity to possess up to 49% shares of an LLC there are certain prerequisites. The requirements include various legal documents of the foreign corporate entity like Certificate of Incorporation, Memorandum and Articles of Association and Board Resolution resolving to hold shares in LLC. The Power of Attorney in the name of the manager at the LLC has to be notarized for legal acceptance in the country of incorporation of the parent company. In addition, the documents have to also be translated into Arabic and legalized at the Ministry of Foreign Affairs in UAE. These additional conditions make the process of incorporating business in Dubai or UAE a little bit more complex than otherwise as it can increase the cost of setting up an LLC and also increase the time taken.Steps To Set Up an LLC in Dubai
- Choose the appropriate legal structure for your company
- Select the name and the decide the scope of activities under the company
- Choose the right location for your business, like easy transportation, proximity to the market and such matters which are considered important for the success of your LLC
- If your business involves certain kind of activities, you will need to get an approval from the relevant regulatory and government authorities
- Get a proper office, warehouse and land for the operation of the company
- Obtain a Tenancy Agreement, Trade License, Share Certificate and Certificate of Incorporation, Memorandum of Association (MOA) for setting up your LLC company
- Get the labor cards, visas and all other relevant legal documentation completed
- Collect all the necessary documents and submit them to the Department of Economic Development (DED) of the UAE
Documents Required to Start an LLC in Dubai
- Registration application form from the DED
- Trade name reservation
- Initial approval from the DED
- Location plan along with Tenancy contract for the office/warehouse attested by the Planning Department and Civil Defence Department of Dubai municipality
- Memorandum of Association (MOA) duly attested from the public notary
- NOC or No objection letter from the Sponsor if the partner or the manager has a residence visa in the UAE, as applicable
- Professional/Bank reference letter for each shareholder
- Certified passport copies of all the shareholders and managers
Advantages of setting up LLC Company in Dubai
- Apart from insurance, banking, and investment an LLC can conduct any business activity
- The investors, along with their family can get investor’s visa because of their investor status in the Emirates
- The number of visas that can be obtained is not limited
- There are no restrictions on real estate ownership for an LLC
- They also have the option of opening branches
- It is easy for LLC to open international and corporate bank accounts and to get the benefit of credit facilities
- A mainland company can also save costs as the LLC does not have to pay the standard 5% customs duty on imported goods
Register Your LLC Company Today
Benefits of Setting up of Business in Dubai Mainland: The city of Dubai is growing faster and starting your own company in Dubai is much easier than you think. Thanks to the Department of Economic development as it ensures effective and smooth set up of businesses. In Dubai, you can find two kinds of jurisdictions, the Mainland and the Free Zone. Both these have their own set of pros and cons. From an outsider's point of view, free zones look more accessible with all their promises and cost effective propositions, but an in-depth analysis would point out that free zones are not the only option available for offshore entrepreneurs looking to start a business in the UAE. It is also to be noted that free zones are not the most beneficial business structures to start with. Free zone companies are allowed to trade only within and not in the mainland, and hence if you want to trade in the mainland or acquire business contracts in the long run, it is always better to start trade in the mainland.
Various factors determine the type of business set up including different business activities and target customers. You can set up a company in the mainland under the following circumstances
Intend to Trade with other Mainland companies
UAE mainland companies have the freedom to trade within the mainland, whereas free zone companies are allowed to trade only in free zone areas. Free zone companies intending to trade with mainland companies need to undergo processes like paying customs and distributing through a local distributor. Meanwhile, mainland companies can trade freely within the mainland and beyond without any restrictions.Comprehensive Business Scope
Free zones have a restriction with the scope of the business depending on the place. For example companies in Dubai Healthcare City are allowed healthcare related businesses alone. Similarly in Dubai knowledge village only education and similar businesses are allowed. Likewise for Maritime businesses RAK maritime businesses is the better option. It should be kept in mind that these companies' activities should not expand beyond the free zoneWorking along with Government Bodies
UAE government projects are huge with high investments and returns. These projects are mostly for specialized companies to be their contractors, and taking up these projects is an extremely profitable one. These projects are offered only to mainland businesses, and free zone companies are not considered here. Hence, to get a UAE government project, the company should be based on the mainland.Market Presence
The major advantage that mainland companies have is opening offices anywhere in the UAE. This allows establishing trade in the local market. With offices open anywhere in UAE, chances of enhanced presence all over the country are high. Meanwhile, free zone companies are not permitted to operate outside of the free zones that they are registered with. In order to trade in the mainland, they need a distributor and this burns a hole in their profits. This shows the mainland to set up is much advantageous over the free zone.Financially feasible
The positives of free zone companies like low tax and duty tax is always highlighted but mainland companies do have impressive incentives. Mainland companies do not need a minimum capital requirement, making them an affordable business option.Setup your Business Today!
Dubai Company Register: Given below are the Procedures to be followed to avail business license and registration process in Dubai
To carry out any type and category of business in Dubai, it is essential to have valid ‘trade’ license. Trade license requirements and necessary permissions may vary from different government ministries and agencies, depending upon the business category. It means that some business types, like health services, financial services, food trading, printing & publishing, etc. tend to require more clearances when compared to general trading business. For company registration in Dubai, basically, there are issued three categories of licenses. However, license is issues depending entirely upon the activities that the business entity is to take. They are as follows: Commercial License: It is issued to companies engaging in any type of trading activities. Industrial License: It is issued to companies engaging in any industrial or manufacturing activity. Professional License: It is issued to craftsmen, artisans, professionals and service providers. Issuance of licenses to establish companies in Dubai is the responsibility of the DED (Dubai Dept. of Economic Development). For delivering licensing services, this department operates from different locations.Dubai Company Register: Business Licensing Requirements
To register a business in Dubai, following are the approval procedure:- Additional approvals and endorsements might be necessary from other government departments by companies involved in oil or gas production.
- License issuance for manufacturing companies is to have Finance & Industry Ministry approval.
- Business registration is to involve Dubai Chamber of Commerce & Industry.
- License issuance for financial institutions and banks need to have UAE Central Bank approval.
- License issuance for pharmaceutical and medical products is to have Health Ministry approval.
- License issuance for companies belonging to the insurance sector including other relevant companies is to have Economy & Commerce Ministry approval.
Business ownership requirements
Each and every Company other than the one having professional license that are established anywhere in the UAE (United Arab Emirates) or in Dubai need to have at least 51% shareholding by local UAE nationals. There are however few exceptions to the above mentioned requirement s with any of the seven conditions given below:- Company established at Dubai’s Free Zone (at any place).
- Where there is granted professional license for professions like artist, doctor, architect, etc. There can be 100% foreign ownership. But there needs to be a local national to act as ‘service agent’.
- Where GCC wholly owned company gets into partnership with another organization that is owned entirely by UAE nationals.
- There is permitted 100% ownership for GCC entities or nationals, in specific activities.
- In professional or artisan companies, where there is allowed complete foreign ownership.
- In case of any foreign entity registering branch office or representative in the UAE.
- In cases, where 100% local ownership is required by law.
Legal business structures
It is the type of business structure that is considered to be a major consideration with business registration made in Dubai as well as other Emirates. 7 legal structures are defined by the Federal Law for business organizations, which are as follows :-- Public Shareholding
- Joint Venture
- General Partnership
- Share Partnership
- Limited Liability
- Private Shareholding
- Partnership in Commendams
Branch Office or Representative set up
Representative or branch office in Dubai of any foreign entity is allowed as 100% foreign owned. But this privilege can be derived only on appointment of a local agent. The said local agent is to be UAE national or probably 100% UAE nationals’ owned company. Establishing branch office or representative in Dubai might be a consideration that is worth the try, when few foreign entities are taken into account. For this option, Commercial Companies Law covers Dubai business registrations. Based upon foregoing details and facts, Dubai company registration as well as registration anywhere in the UAE is termed as a procedure that is free from all complications.Procedure for company registration in Dubai
Step 1: First, identify the prospective local partner – ‘Sponsor’. It is a crucial step and does require careful consideration as to the type of services expected to be provided by the sponsor.- Is the sponsor expected to solve your problems that you face with government procedures? or,
- Are you just interested to use his name on your business license only and nothing else?
- What amount of fees are you ready to provide annually?
Apply for License Today !
If you are a newbie and want to open a restaurant in Dubai, this may appear to you as a mammoth task. It is always better to plan each and every step carefully. Non-adherence to rules may land you in trouble with the authorities. Let's implore the steps involved while opening a restaurant in Dubai.
You will be interested on: Restaurant Business Setup in Dubai
Acquire Food and Trade licenses
The initial step is to get your Food and Trade license from the authorities. To procure a food license, you will have to approach the Department of Food and Safety. The trade license is obtained from the Department of Economic Development (DED), and The Department of Tourism and Commerce Marketing (DTCM). This may cost you approximately AED 10,000 to AED 12,000.Select a location
The next step is to select an appropriate location for your restaurant. And in this process, the first thing that comes is whether to select a mainland area or to operate within the free zones. In order to open your restaurant on the mainland (where the business needs the support of the local sponsor), approval of DED is mandatory. Mainland provides you with the option to trade, but the sponsor will hold 51% of the shares and the remaining 49% is vested with the owner. If you intend to set up your restaurant in the free zones of Dubai, you need to procure the consent of the corresponding free zone authorities. Free zone areas allow you to hold 100% of your shares and do not require a local sponsor. But this restricts your area of trade. Once the area is selected, you need to select the locality. This depends on the type of cuisine you intend to recreate. If your planned cuisine is Indian, or Chinese, or French, you need to select your locality such that you target the customers. It is always better to get expert advice on business consultation to get an insight idea into the local areas and the target customers.Draft the plan
Many necessary factors like SWOT analysis, preparing a financial plan, target marketing, preparing a contingency plan, cash flow projections, market survey, market research are required to set a professional restaurant business. Each factor contributes in its own way to your business growth.Estimate cost and expenditure
Finally but importantly it is necessary to have a proper financial plan ready to keep track as to how much to spend. The restaurant costs, the cost of staffing, the cost of equipment, license costs. It is better to estimate all the investments and expenditures involved in a restaurant business.Documents Required
- Before beginning your new restaurant or cafeteria business in Dubai, 3 main documents are to be submitted.
- Trading License
- Food and Safety License
- Non-Objection certificate obtained from the local municipality of Dubai
- Ramadan permit
- Liquor permit
- Delivery permit
- Pork permit