• +971 56 219 3732 / +971 4240 6939
  • info@blackswanbss.com
  • Dubai
  • Oman
09:00 AM – 7:00 PM
Sunday – CLOSED
+971 56 219 3732
+971 4 240 6939
Dubai - UAE
Muscat - Oman
Cybercity - Mauritius

Category Archives: Business Setup

Black Swan   →  Blog   →  Business Setup
Dubai residence VISA needs
Categories Business Setup, UAE VISA

Dubai Residence VISA Needs

The United Arab Emirates is one of the most expat-friendly countries to live in. It is made of different Emirates or states. Sharjah, Dubai, Ras Al Khaimah, Ajman, and Umm al Quwain is some of the most popular ones. When you are looking to move then you must make yourself familiar with the Dubai residence visa needs. Through the residence visa, you refer to a work permit that allows you to stay and work legally inside the United Arab Emirates. The first need is the passport copy of the information page on your passport. This should be a clear coloured scanned copy of a passport that has validity for the 6 months. The Indian nationals must send the first and last page of the passport; and Pakistani nationals need to send the passport information page, the second page of their passport and the national ID copy. The second Dubai residence visa needs a recent passport size photograph scanned, of yourself standing in front of a white background. You can refrain from wearing open clothes, jewellery, or glasses since in rare cases the immigration would reject this. You can shave off the beard as some emirates like Sharjah and Umm al Quwain do not accept pictures of people with much facial hair as it tends to hide the face. The third need is an attested education degree. When you have any sort of higher education certificate that you wish to use in UAE to get a managerial visa position, then you must notarise and attest it at the UAE embassy in your home country and further attest in the UAE at the ministry of foreign affairs (MOFA). A few UAE free zones ask you to legally translate into Arabic through a legal translator in the UAE. It is easy to find and charge a reasonable fee of about 100 AED per page. Some of you may not have education certificates and that is fine too, you can still get a Dubai residence visa with a basic position on your visa like a Sales executive. This works fine as the managerial. The difference is that when you travel to any other Gulf country of UAE with the Dubai residence visa that is managerial, you would be allowed to go inside that country with the Dubai visa. When you have the basic lower visa positions, you can apply for a visa of each respective Gulf country before you go in. The fourth need is Visa questions. They only ask for basic information like father’s name, mother’s name, marital status, address of your home country, age, and religion. Be accurate when answering the question about religion. Finally, you need the employer to ask you to sign an employment contract as proof to you, the employer and the immigration will reside here for work purposes. This is done virtually by email or in hard copies. When you have your own business, in most free zones you will not need to sign an employment contract.
Trademark Copyright registration in Dubai UAE
Categories Business Setup, How To, Tips, Trademark

Trademark & Copyright registration in Dubai, UAE

Trademark & Copyright registration in Dubai, UAE : Let your business stand apart with a distinct Trademark!  In UAE trademarks are registered under a ‘class’ system with 45 international classes covering different products and services. Choosing the correct class is vital for necessary protection and avoiding unnecessary costs.
Let your business stand apart with a distinct Trademark!

Benefits of trademark registration

By registering your trademark, you can protect your brand, gain maximum value of your business, use as a marketing tool to grow your brand & take legal action for copying your trademark.

The process of Trademark Registration in UAE

  1. Forward an application to the Ministry of Economy & Commerce. Trademark applications must be filed in Arabic, together with fourteen (14) specimen drawings of each mark. The application may be filed through locally licensed legal consultants in Dubai, UAE.
  2. Conduct a search at the Trademark Registry to find out whether anyone else has prior rights to your proposed trademark.
  3. After necessary checking the Ministry will issue an examination report which will indicate whether further information is needed or any other requirements, conditions or limitations for registration.
  4. The Ministry calls upon the applicant to reply to such reports within a specific period. The applicant can accept or appeal against it to the Trademarks Committee of the Ministry & further to the Civil Court.
  5. After resolving all outstanding issues, trademark applications are preliminary approved for registration & published in the UAE Official Gazette & in two leading National newspapers.
  6. The general public has thirty days to forward written objections to the Ministry concerning the trademark. The applicant shall have thirty days to respond to any such objections.
  7. The Ministry can accept or reject the application & the decision may be appealed to the Trademarks Committee of the Ministry, and then to the competent courts.
  8. If the mark is accepted for registration, the applicant notifies and provides details related to the mark to the federal and local bodies, Chambers of Commerce & Industry etc.
  9. A trademark registration in the UAE is valid for 10 years but is renewable for further periods of 10 years each.

Copyrights

Copyright protection is given by law to the authors, creators, and writers for their work, including dramatic, musical, artistic, literary and other intellectual work. To register a copyright application must be filed with the Ministry of Information & Culture with the following:
  1. Certificate of origin with the name of the author and/or assignee.
  2. An authorization from the licensee and/or owner for exhibiting or circulating the material in a specified region/territory.
  3. A certificate from the licensee stipulating that all applicable royalties has been collected.
  4. A certificate of non-violation of restrictions on folklore, issued by the Department of Culture at the Ministry of Information & Culture.
The application for Trademark / Copyright registration may be filed through locally licensed legal consultants in Dubai, UAE and they will help you with all legal formalities.

Request a Quote Today !

How to setup factory or manufacturing Unit in Dubai
Categories Business License, Business Setup, DUBAI MAINLAND

How to setup factory or manufacturing Unit in Dubai ?

Some remarkable part of UAE’s Gross Domestic Product falls from oil based sectors. The dependency of oil industries are slowly decreasing as the other manufacturing industries are growing rapidly and extending their great part in UAE’s GDP. The contribution by manufacturing units is expected to attain up to 25% by the next 15 years while its current contribution is 14%. Notably in the non oil based sectors, it is expected that higher investments will be done. The government of UAE has also taken many appreciable initiatives to boost up the manufacturing units growth.

Setting a factory / manufacturing unit – Dubai, a perfect destination.

Considering the 2030 Dubai’s Industrial Strategy, its industry based growth is contemplated that, by the year 2030 it crosses about $16.1 billion. There are 75 identified strategies by the government to initiate the transformation of the current Emirate into an international hub for everything, right from innovation, knowledge and other industrial activities. Adding up! Your answer to the question What makes Dubai a perfect destination for manufacturing units? is here. Factors such as wide geography, diverse consumers, infrastructure, knowledge hub, quick and easy business process, stable economy do make Dubai one awesome attractive destination.

Steps to set up a factory / manufacturing company – Dubai Mainland

Decide on one particular pursuit on the diverse manufacturing products. Next to your selection on a particular activity, search and find your sponsor After collecting the required documents, let’s submit those documents to the economic development department for further process of approvals. Together with the local sponsor, make signing the Memorandum of Association with notary public You need a land or a warehouse to set up your manufacturing unit in UAE Do tenant contract with the landlord of your particular warehouse or land Get your approval to possess an industry license from Dubai Municipality. Read more on https://bss.blackswanbss.com/industrial-license-in-dubai/ Submit your documents to the department of Environment affairs once you are done with first level approvals No Objection Certificate from Civil defense is must Seek your approvals from external departments. Only manufacturing units which need their approvals from food based departments for food product manufacture, approval of department of narcotics to chemical manufacturing and to manufacture jewel police approval is needed. Submit all the documents to the department of economy to own your industry license, once all the approvals are done Do your requested payments to have your industry permit issued to you. # Read more on Dubai Mainland Company Formation

100% ownership in the UAE mainland under the FDI Law for given below manufacturing activities

ISIC4 Business activity Minimum Capital Conditions and controls for foreign direct investment
1 10 Manufacture of food products (except):1071- Manufacture of bakery products105 – Manufacture of diary products108 – Manufacture of prepared animal feeds 15 – use of modern technology- achievement of high added value- contribution in the research and development field- satisfaction of the requirements of the licensing entities in the state
2 10 Manufacture of beverages (except):1101 -Distilling, rectifying and blending of spirits1102 -Manufacture of wines1103- Manufacture of malt liquors and malt 15
3 14 Manufacture of wearing apparel (except):14109 – Tailoring and Sewing of Wearing Apparel1410122 – Military Garments Manufacturing 15
4 15 Manufacture of leather and related products 15
5 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 15
6 2012002 Straight or Complex Fertilizers Manufacturing 15
7 2013 Manufacture of plastics and synthetic rubber in primary forms 15
8 2021 Manufacture of pesticides and other agrochemical products 15
9 2022 Manufacture of paints, varnishes and similar coatings, printing ink and mastics 15
10 2023 Manufacture of soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations 15
11 2029006 Glues and Prepared Adhesives Manufacturing 15
12 2029008 Manufacture of dyestuffs and pigments 15
13 2029009 Textiles and Leather Finishing Used Chemical Materials Manufacturing 15
14 2029013 Manufacture of photographic plates, films 15
15 2029019 Gelatine and Its Derivatives Manufacturing 15 – use of modern technology- achievement of high added value- contribution in the research and development field- satisfaction of the requirements of the licensing entities in the state
16 2029021 Essential Oils Manufacturing (Essence) 15
17 2029022 Extracted Natural Aromatic Products Manufacturing 15
18 2029023 Aromatic Distilled Waters Manufacturing 15
19 2029024 Matches Manufacturing 15
20 2029025 Welding Powders and Pastes Manufacturing 15
21 2030 Manufacture of man-made fibres 15
22 2100 Manufacture of pharmaceuticals, medicinal chemical and botanical products 15
23 22 Manufacture of rubber and plastics products 15
24 23 Manufacture of other non-metallic mineral products 15
25 24 Manufacture of basic metals (except):242 Manufacture of basic precious and other non-ferrous metals2432 Casting of non-ferrous metals 20
26 25 Manufacture of fabricated metal products, except machinery and equipment (except)2529 Manufacture of weapons and ammunition 15
27 26 Manufacture of computer, electronic and optical products 15
28 27 Manufacture of electrical equipment 20
29 28 Manufacture of machinery and equipment n.e.c. (except)28259 Tobacco Processing Machinery Manufacturing 100
30 29 Manufacture of motor vehicles, trailers and semi-trailers 100
31 3011101 Building of Commercial Vessels 100
32 3011103 Ships and Floating Structures Sections Manufacturing 100
33 3011905 Construction of Drilling Platforms, Floating or Submersible 100
34 3011906 Construction of Floating Structures 100
35 3011907 Building of Hovercraft 100
36 3012 Building of pleasure and sporting boats 15
37 3020 Manufacture of railway locomotives and rolling stock 20
38 3030 Manufacture of air and spacecraft and related machinery (except):3030006 Military Ballistic and Guided Missiles Manufacturing 100
39 3090 Manufacture of transport equipment n.e.c. 20
40 31 Manufacture of furniture 15
41 3220 Manufacture of musical instruments 2
42 3230 Manufacture of sports goods 3
43 3240 Manufacture of games and toys 3
44 3250 Manufacture of medical and dental instruments and supplies 20
45 3290 Other manufacturing n.e.c. 3
46 3312001 Repair and maintenance of train engines 15
47 3312002 Repair and maintenance of engines ship 15
48 3315001 Repair and maintenance of ships 15
49 3315004 Repair and maintenance of trains and railway equipment 15
50 3315005 Maintenance and Repair of Aircrafts Engines 15
51 3315006 Repair and maintenance of aircraft 15

Get quote to Setup your Factory in Dubai !

Offshore Company formation in Seychelles
Categories Business License, Business Setup, Seychelles

Offshore Company formation in Seychelles

Seychelles is a hot and favourite destination among investors as it is considered to be a tax haven. They can enhance their businesses, by planning tax much more effectively and to form Seychelles offshore company, thus safeguarding their assets. Forming an offshore company here in Seychelles is sure to be useful. Setting up International Business Company (IBC) offshore in Seychelles is perhaps the most suggested business form for international entrepreneurs. Offshore company, generally means a business that is formed with a specific purpose to complete wide range of activities away from the country, where it is registered. Formation of offshore company in Seychelles also is the right way to safeguard personal asset. This needs to be established in AOA (Articles of Association) by the company founders, for the business to be regarded as offshore company. Our Seychelles company incorporation specialists can offer necessary details and information pertaining to offshore company formation in Seychelles including the conditions to follow. We also provide foreigners seeking to form Seychelles offshore companies with specialised formation services.

Legislation pertaining to forming Seychelles offshore company

International Business Co. Law, amended last in 2016 is stated to be the main law that governs offshore company establishment in Seychelles. The offshore company’s other name is offered by the law’s name, which is IBC or International Business Company. Another law which offers offshore company formation is Seychelles Commercial Code. It provides essential legal forms to be registered in the form of IBC companies. The best example with regards to business forms that any foreigner seeking to set up Seychelles offshore company can use is anonymous company.

Requirements to form Seychelles offshore company

IBC Act provides the necessary essentials to be fulfilled to perform certain procedures to form Seychelles offshore company. Such requirements require having minimum 1 director & 1 shareholder. No restrictions are imposed upon pertaining to the directors or shareholders’ nationality. Besides this, the director is not necessarily required to be a resident of Seychelles. Moreover, the company can keep several directors as desired by the shareholders. Also can be used corporate directors to ensure efficient and smooth offshore company management. One shareholder is to act as company director. Seychelles IBC company, when compared to other company types do not need appointing a secretary. Offshore company is to have a trade name in any language. A useful tip to follow is to keep English names as it is used mostly by businesses operating in Seychelles. The other essential requirement to set up offshore company is to have legal or registered address in Seychelles. Having virtual office will fulfil this requirement. Our offshore company formation specialists in Seychelles can provide virtual office solutions including nominee services pertaining to company directors and shareholders. We do provide Seychelles VAT registration. Documents necessary to set up offshore company in Seychelles Offshore company in Seychelles can be formed by foreign enterprises by preparing and filing essential documents given below with Companies Registrar: Company information like articles of association and certificate of incorporation, for legal entities.
  • Personal information like certified passport copies for natural persons.
  • Residential address proof in Seychelles like 3 months utility bill.
  • The Registrar in certain cases may request bank references showcasing investor’s good standing.
  • Our local agents are knowledgeable enough to offer assistance to prepare documents necessary for IBC company registration.

Formation of offshore company in Seychelles and its benefits

Seychelles financial sector is well appreciated. Entrepreneurs are free to form Seychelles offshore companies without requiring to pay taxes. This is a trustworthy and stable island state and several registered offshore companies operate here. The investor through Seychelles offshore company can safeguard his/her assets as well as benefit from diverse financial tools that can help create company’s potentiality and wealth. We state that every Seychelles offshore company is subjected to complete privacy. No risks are also present pertaining to the assets, since such entities are safeguarded by modern and complete legal system practiced in Seychelles. For Seychelles offshore companies, entrepreneurs need to appoint board directors to have better control over possessions and finances. If interested to form Seychelles offshore company, our specialist team having ample knowledge of incorporating company in Seychelles can offer you with support necessary to draft documents for any company type desired to form.

Why Seychelles is termed to be an attractive jurisdiction?

One of the most preferred offshore jurisdictions is Seychelles archipelago, as it is an attractive business environment and financial sector and suits perfectly the different requirements of worldwide investors. Since no taxes are levied upon to form Seychelles offshore companies. Moreover, with the island offering protection to company assets, combined with complete privacy, over 100,000 firms have already registered here. Seychelles offshore companies are well protected with regards to litigation. It is essential to understand offshore company registration in Seychelles consumes very less time and takes just few working days. If you wonder as to how much time will it take to carry out the procedures to form offshore company in Seychelles, then the answer is just 1 to 2 days for completion of the formation process. But opening up of corporate bank account is likely to take much longer time. Black Swan Business Setup service can help you in seychelles company formation process

Get a Proposal Today

How to start a Company in Dubai free zone
Categories Business Setup

How to start a Company in Dubai Free Zone

Dubai, considered as the business hub of the Middle East has always been friendly to business investors. In fact, the past decade has seen a phenomenal rise in business start-ups in Dubai, thanks to the economic stability being shown consistently. But without proper guidance starting a business in the city is going to be very hard, especially if it’s your first time.

Three types of entities can be set up in Dubai free zones:

  1. Branch of a foreign or local company
  2. Free Zone Establishment (FZE), with a single shareholder
  3. Free Zone Company (FZC), with 2 to 5 shareholders

Benefits - Dubai Free Zone Company

  • 100% Ownership
  • Can be formed by only one individual
  • 100% Secrecy maintained
  • 0% Tax
  • Less Renewal Charges
  • Can be liquidated anytime
  • You can do international business
  • Can do multiple activities & hold Properties

Types of Licenses in Free Zones

A business license is mandatory for Company formation in UAE free zones.
  1. General Trading License: To trade in all kinds of products using general trading license
  2. Trading/Commercial License: To perform industrial, commercial, or consulting activities
  3. Service License: To operate law firms, accounting firms, and business consultancy
  4. Industrial License: To import raw materials, manufacturing goods imports, and exporting finished products, across global boundaries
  5. Warehousing License: To avail warehousing facilities on lease for distribution, packaging, and storage of goods
  6. Manufacturing License: To manufacture products

Popular Free Zones in UAE

How to set up a Business in the UAE Free Zones?

Company set up in free zones is not subject to the Dubai Commercial Company law. Rules and regulations are set by concerned free zone authorities.

Business Setup Process in UAE

Procedure to set up a Business in Dubai Free Zones

1. Determine the type of legal entity

Determine which type of entity you want to set up in any of the free zones. The capital requirement for such entity depends upon that particular free zone where you want to form a company.

2. Choose a trade name

Select a trade name for your company. Cross-check with the respective free zone authority about the permitted trade names and the availability.

3. Apply for a business license

After registering the business in the free zone authority’s portal apply for a business license. You need to submit the supporting documents also, for applying the license.

4. Choose an office space

Flex-desk office services are provided to support start-ups in the free zone. You can either buy or lease office spaces.

5. Get pre-approval, register your business, and get the license

Obtain the initial approval and the related business approvals from the specific authorities. Register your business and get your license. 2- 4 weeks are needed for the process.

Get help in Free Zone Setup !

Categories Business Setup

UAE allows 100% foreign business ownership from June 1

 

UAE ALLOWS 100% FOREIGN BUSINESS OWNERSHIP FROM JUNE 1

UAE Ministry of Economy announced that the amended Commercial Companies Law will come into effect on June 1st, 2021, allowing foreign investors and entrepreneurs to establish and fully own onshore companies.

The UAE government has recently adopted an amendment to the Commercial Companies Law allowing 100 percent foreign ownership of companies.

Abdulla bin Touq Al Marri, Minister of Economy, said, “The amended Commercial Companies Law aims at boosting the country’s competitive edge and is a part of UAE government efforts to facilitate doing business.”

Bin Touq added that the amendments introduced by the new Commercial Companies Law will boost the UAE’s appeal as an attractive destination for both foreign investors, entrepreneurs and talents. It will further strengthen the country’s position as an international economic centre and encourage the flow of investments to the country’s vital economic sectors.

WAM/Esraa Ismail/MOHD AAMIR

1 … 6 7 8 9 10 … 26
en English
ar Arabiczh-CN Chinese (Simplified)nl Dutchen Englisheo Esperantotl Filipinofr Frenchde Germanel Greekhi Hindiit Italianko Koreanpt Portugueseru Russianes Spanish