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Categories Business, Business Setup, company, dubai, uae

Starting a Manufacturing Business in the UAE

As the Middle East's area that is growing the fastest, the UAE is a great place for a manufacturing business to grow because it has a great environment and all the help it needs. To do business in the UAE, you need an industrial licence for any business that involves making or making goods. Also, designated zones and industrial areas work well to meet manufacturers' needs.

What is industrial production?

Industrial production is the process of changing goods from one state to another, either by hand or by machine. Materials like raw materials and natural resources could be changed to make the final product. Goods are made, sorted, stored, and packed in a factory. Some of the most important things that the UAE manufacturing sector makes are:
  • Textile and ceramic products
  • Construction material
  • Petroleum products
  • Automobile and spare parts
  • Packaging material
  • Metal and metal components
  • Foodstuff production
  • Plastic and polymers
  • Chemical products
  • Medicine and healthcare equipment
  • Electronic equipment and appliances

Process of obtaining an industrial licence in UAE

Prepare the required documents:

  • Your business plan
  • Fill-in the detailed application form
  • The layout of your production plant
  • Process flow chart
  • A list of your equipment and machinery
  • A copy of your passport and visa/entry stamp

Follow the step-by-step process:

  • Unlike in the past, you don't have to show proof of funds or put down money to start.
  • Send your documents to be looked over and licenced.
  • Lease a warehouse suitable for your operations
  • Hire at least 10 people
READ MORE  https://bss.blackswanbss.com/industrial-license-in-dubai/

Manufacturing company set-up cost IN UAE

Getting a licence and paying for company registration, administration, and immigration costs would cost about AED 18,000, but the cost of renting a warehouse would depend on its size, power, and location, among other things. You should also think about the extra space you'll need to store your goods, the cost of getting visas for your employees, and where they'll stay.

Top industrial areas in the UAE

The UAE's industrial areas have the tools and people to help your business run and find workers. Some of the best places to go in Ras Al Khaimah (RAK industrial areas) are:

Al Ghail

Al Ghail Industrial Zone is good for big, heavy businesses. It has land plots of at least 5,000 m2 that you can build on for your facility. There are also places for staff and workers to stay right there in the area. Here, you can start a free zone company or a non-free zone company and get visas for your investors and employees.

Al Hamra

Al Hamra Industrial Zone has warehouses that range in size from 150 m2 to 10,000 m2. It serves both light and heavy industries. You can also set up a free zone or a non-free zone business in this area and get visas for investors and employees. There are also places for workers to live, offices, and land for building.

Al Hulaila

Al Hulaila Industrial Zone is a great place for people who make heavy industrial goods. One of the best things about setting up your free zone business here is that it is close to Saqr Port, which is the largest bulk logistics hub in the region and gives you access to leading business centers. The area has land, warehouses, places for staff to live, and offices.

Planning to setup Manufacturing company in RAKEZ ?

Setting up a manufacturing business in Ras Al Khaimah Economic Zone (RAKEZ) is simple and beneficial in many ways. One of the best things about putting up your factory in RAKEZ is that you won't have to pay customs duties on the machinery and equipment you bring in. To help your business even more, you might not have to pay import duties on spare parts, raw materials, materials in the middle of being made, and packaging materials. Here is how you can get started:

Obtain an industrial licence

Black Swan will look over your documents and give you your one-year business license. When you are approved, you will also be given the options for leasing.

Get necessary approvals

Once the licence is given to you, you have to apply for approvals from outside and local federal authorities, such as the Ras Al Khaimah Environment Protection and Development Authority (RAK EPDA), the RAK Municipality, and the Department of Civil Defence. You also need approvals from the Health, Safety, and Environment (HSE) and Technical Support Service (TSS), which show that your warehouse meets ISO standards and make sure that no illegal or prohibited activities will happen on your property. Tags : Industrial Licence in Dubai, Start a Manufacturing Business in Dubai, Business in Ras Al Khaimah Economic Zone, Setup Manufacturing Unit in Dubai, Business Setup Service in RAK, RAK Mainland Company Formation, RAK Freezone Business Setup, Business Incorporation Dubai, Business Setup Dubai, Company Formation Dubai, Company Registration Dubai
Categories Business, Business Setup, company, dubai, Education

Business Incorporation for Education Providers at Rakez

About 10 million people from all over the world live in the UAE. They like the place to live, work, and play. Education is a key part of a country's ability to be a good place to live. The article below will help investors figure out the scope, benefits, requirements, and steps for setting up a business for education providers.

Invest in an educational institution in the UAE?

The UAE has more than 400,000 college students from 187 different countries taking 18 different types of courses, according to the latest government data. Even though the British, Indian, and American curricula are the most popular, many students like the International Baccalaureate (IB) and UAE Ministry of Education curricula, among others. So, there are a lot of ways for educators to make money in the business of getting young minds ready for a better future. According to a study done by the consulting firm EY-Parthenon, setting up an educational institution in the UAE is much easier than in countries like Singapore and Malaysia when it comes to getting into the country and getting the right permissions from the right people. The other good things about investing in a business in the UAE are that 100% of the company can be owned by foreigners and that there are convenient dedicated educational zones.

How to setup higher education institution in UAE

In the UAE, starting an educational business is the same as starting any other business. But this may require a lot of paperwork and approvals from more people. What you have to do is:

Get the permissions you need

Depending on which emirate you want your school to be in, you need permission from different authorities. For example, if you choose Ras Al Khaimah, you'll need permission from the Ministry of Education, the Department of Economic Development, and the license-issuing authority if you're renting land to build your facility – Ras Al Khaimah Economic Zone (RAKEZ).

Incorporate your company

Register your business, get a license, and rent a building or piece of land that is already set up for your institution.

Develop your facility

If you are building a facility, you need to get pre-requisite approvals and building permits before and after your project is done.

Get UAE visas

Get your partners/investors, managers, and planning staff in the country to start the first work.

Open a bank account

Talk to local banks and open a bank account for your business so you can apply for loans and keep your business funds in a safe place.

Hire academic faculty

Depending on how you run your business, you may give many people jobs at different levels. You can hire people from any country in the world to work in the UAE.

Begin operations

Now that your business, facility, and employees are all legal, you are ready to let people in.

Ras Al Khaimah (RAK) – The ideal place for your educational business

Ras Al Khaimah's education system tries to meet the needs of its residents and the growing number of expatriates. This has led to more people enrolling in private schools that offer affordable and appealing prices. If you want to start an education business in Ras Al Khaimah, you need to think about what kind of school to open and what courses to teach.

Blackswan for Business Setup in UAE

In the UAE, RAKEZ Academic Zone is a centre for education with local and international institutions and service providers..The Academic Zone was made to attract and help qualified educational institutions that are committed to providing market-driven education, training, and professional development services that help Ras Al Khaimah, the UAE, and the wider Gulf region. Academic Zone makes it easier to start a business. It gives you many options for leasing buildings or land where you can build, own, and run a school, college, or training institution. It also gives you professional help and support at every step of the way, from researching the local market to setting up the business and keeping it going. Get in touch with experts at Black Swan to setup your business in the UAE. Call/WhatsApp us or fill up the form below Tags : Educational Institution Setup Dubai, Business Setup Service in RAK, RAK Mainland Company Formation, RAK Freezone Business Setup, Business Incorporation Dubai, Business Setup Dubai, Company Formation Dubai, Company Registration Dubai
Categories Business, Business Setup, company formation, dubai, uae

Starting a Security Agency or Company in Dubai, UAE

When we hear the word "security" these days, we often think of cyber. But physical security is still just as important as ever because people, homes, and valuables all need to be kept safe. It is also a big business here in Dubai. In the last few years, the security business in the Middle East has been doing very well. Governments in the area have made a lot of progress to protect their people, businesses, and property. So much so that analysts at Frost & Sullivan think the commercial security market in the Middle East as a whole is worth about USD 10 billion. This includes a lot of different products, services, and subsectors, such as CCTV surveillance, alarms, and ID systems. On top of that, a region with a lot of expos, events, and high-profile gatherings needs more and more security guards to protect VIPs and key sites and premises. With everything put together, now is a great time to start a security business in the UAE. With the right help, it only takes a few easy steps.

Steps to start a security company in the UAE

If you want to start a security company in the UAE, the first thing you should do is talk to experts in the area, like those at Black Swan. After a short meeting to find out what your business needs, we can walk you through the four steps below.
Registering the name of your business
First of all, we'll help you decide on and register a name for your new business. In the UAE, there are certain rules you must follow when choosing a business name. You will need to stay away from words that could be seen as hurtful or disrespectful to God. You should also make sure that the name you choose is not the same as that of another business or organisation. Your name must also be free to register. Because of this, it's a good idea to suggest a few names in case the one you want is already taken. Once you have decided, we will send in your trade name registration for you.
Get a licence to run a business
You can now apply for your UAE trade licence since you have chosen and registered your name. Whether you are setting up on the main island or in a free zone will change how you do things here. The Department of Economic Development or a similar group gives out Mainland licences. The people in charge of a free zone give out licences. In either case, your Black Swan contact will handle the process for you to make sure your application goes quickly and smoothly.
Finish the visa paperwork
A residency visa is needed for anyone who wants to live or work in the UAE. Even though the process is a little more complicated than applying for a license, it is still quick and easy with the right help. You will have to take a medical and fitness test, a chest X-ray, and a blood test as part of this process. If you have a UAE visa, you can also pay for visas for your children, spouse, parents, and household staff.
Open a bank account
Lastly, you will need a UAE corporate bank account so you can start sending and receiving payments. Even though the process isn't always quick and easy for people who aren't from the GCC, the staff at Black Swan can help lighten the load. Once we know what you need, we'll put you in touch with the banks that are most likely to be able to help you.

How to get a security licence from SIRA

In order to get a security licence, all private security guards must go through SIRA training. Before you can do this, you must first sign up on the SIRA website. Then, you should go to the SIRA Cadre Training Centre to turn in the necessary paperwork. Once you're registered, you have to take the SIRA training course. It will give you an overview of best security practises, help you reduce risk, protect your clients and their things, and make sure you follow all the rules.

SIRA training needs certain papers

Before starting the SIRA training course, you will need to send in the following documents:
  • Application form
  • Color passport photos
  • Copy of your passport
  • Copy of your Emirates ID
  • Copy of your residency visa
  • Medical fitness certificate

SIRA training fees in Dubai

When getting SIRA training, you can choose from courses like manager and supervisor training, first aid training, and security awareness training. Fees range from AED 210 to AED 5,000, depending on the course you want to take.

Cost of starting a business in Dubai

In Dubai, it costs at least AED 14,000 to start a security business. But there are also many other fees on top of this. In addition to your licence fee, you will also have to pay for visas, staff, and any other permits you need to trade. Contact the team at Black Swan to get a full and personalised breakdown of the costs.

How Blackswan can help

Black Swan is one of the biggest and most trusted business setup advisory firms in the UAE. They can help you with every step of forming a company. With our simple but ground-breaking model, our team of registration experts has helped 1000’s people start and grow their businesses in this country. We are here to help you with everything you need for setting up a business in Dubai. We can help you get licences and visas, and we also have a number of other business services that can help you and your business even after you've opened. We also have flexible payment plans and custom packages to keep costs down. So, if you want to start a security business in the UAE, contact us to learn more. Tags : Business Incorporation Dubai, Business Setup Dubai, Company Formation Dubai, Company Registration Dubai, Dubai Freezone Company Formation, Dubai Mainland Company Formation
Categories Business, Business Setup, dubai

Setting Up a Business in Dubai Logistics City

The future of Dubai can be seen in the Dubai Logistics City. This is because it has grown into a large, well-developed centre with advanced technology. The city's infrastructure is great. It has some of the best facilities and services, which has made it one of the best places for businesses to set up shop. So, it's not surprising that companies from all over the world are rushing in to meet the growing demand. Dubai's business laws will make things easier for you, if you want to start a business there. If you want to start a business in Dubai, you'll need to fill out the paperwork and gather all the documents you'll need for the licencing process. These legal requirements will depend on what kind of business you have, what kinds of projects you want to work on, and what kinds of business activities you want to do. There are a number of companies that can help you with this and walk you through the process. There are also departments in the Dubai government that deal with these issues and can help you or give you more information. There are a lot of good reasons to do business in Dubai, which makes it one of the most popular places for investors and business owners to go. The city's legal system is known all over the world, which makes it easy to do business and enjoy the benefits that come with it. Compared to other places in the region, the procedures for getting a licence and the fees that go along with them are much easier and less expensive. Dubai's location is one of the main reasons why so many people think it would be a good place to visit. Dubai is in the Middle East, which makes it an easy place to ship goods, rent cars, and fly. The city is known as a business centre with a lot of room for growth in the international business world. It is a great place to invest because the economy is strong and the future looks good. Compared to other Middle Eastern countries, Dubai has relatively few rules about how to start a business. All you need is a legal entity that works, like a company or an individual. To get approval and start trading, it's important to have all the necessary paperwork. The Dubai government takes this very seriously and will not let a business register without the right paperwork. The fact that the Dubai government doesn't charge taxes is also a plus. This means you won't have to pay any taxes on your income or assets. This is another thing that makes people want to start businesses in Dubai, because they don't have to worry about their own money. The Dubai government also helps businesses by giving them big discounts on property and business licenses. If you plan to bring goods from other countries into Dubai, you can also get rebates from the government there. Dubai has a well-developed legal system, and the quality of its lawyers is known all over the world. The government offers many different kinds of legal aid, from free legal advice to low-cost legal services that are still of high quality. This means that if you want to start a business in Dubai or run a business there, you need to talk to a lawyer. They will give you advice and help that is legal and good for you. They can also help you get the licences and registrations you need. They can also tell you about financial benefits, business tips, and how to get the best deals in Dubai. People from all over the world are investing money in Dubai's business sector, which is growing quickly. Several businesses have set up shop in Dubai to meet the needs of the international business market. When starting a business in Dubai, you can either start from scratch or grow an existing business. You could start out with a small family-owned logistics business and then grow it as the market allows. You can choose to own a single store or a number of stores in different parts of Dubai. Tags : Professional License Dubai, Business Incorporation Dubai, Business Setup Dubai, Company Formation Dubai, Company Registration Dubai, Dubai Freezone Company Formation, Dubai Mainland Company Formation
Categories Business, Business License, Business Setup, dubai

How to Setup Fragrances & Perfumes Business in Dubai – UAE

Dubai wants everything to be fancy, from hotels and conference centres to food, clothes, and perfume. This is such a big business in the UAE that the market is thought to be worth almost $1 billion. The easiest way to get into this big and growing business is to open a perfume shop in one of Dubai's famous malls or shopping districts. Black Swan is there to help. In this article, we'll talk about:
  • A general look at the perfume business in Dubai, UAE
  • How to open a perfume shop in Dubai, UAE
  • Cost of opening a perfume shop in Dubai
  • Documents needed to open a perfume shop in Dubai
  • How to grow a perfume business in Dubai What Black Swan can do for you

Perfume / Fragrances industry in Dubai, UAE

Last year, the fragrance market in the UAE was worth just over $910 million. Between now and 2030, it is expected to grow by 6.6%. A lot of this market value comes from online and in-person retail sales. Men and women in Dubai are proud of how they look and are willing to pay more for the right scent. Once thought of as a luxury, high-quality perfumes and personal care products are now seen by many as a daily must-have. This is a big chance for businesses that sell fragrances in this area. If you can bring a new product to market or compete on price and service, you are likely to find a large market that is open to you.

Steps to open a perfume / Fragrances shop in Dubai, UAE

Before you start the process of applying for a perfume shop licence in Dubai, you should always talk to an expert. After a short meeting, the Black Swan team will walk you through the whole process and talk to all the right people on your behalf. We'll do the following four-step process together. Step 1: Registering the name of your business Choosing a company name is the most important first step when starting a business in Dubai. When you do this, you'll need to make sure you follow a few common rules. But don't worry, most of them are pretty obvious. Basically, you should try to stay away from words that could be offensive or blasphemous. You should also make sure that the name you choose is not the same as that of another business or organisation. Lastly, your business name must be unique and able to be registered. Because of this, it's always a good idea to offer more than one choice, just in case your first choice is already taken. Once you've decided, we'll submit and register your trade name on your behalf. Step 2: Get a licence to run a business The next step is to get a licence for your perfume shop. This process will be a little different if you want to set up your business on the mainland or in a UAE free zone. The people who work at Black Swan can help you figure out which option is best for your business. If you choose the mainland, you send your application to the Department of Economic Development in Dubai. If you want to do business from a free zone, you will need to apply directly to the authority in charge of that zone. No matter which option you choose, your Black Swan contact will handle the process on your behalf to make sure your application goes quickly and smoothly. Step 3: Finish the visa paperwork To work and live in the UAE, you need a trade licence and a residency visa. This process is a little more complicated than applying for a business license, but Black Swan is there to make things easy. You will need to fill out an application and go through a medical and fitness test. There will be a blood test and an X-ray of the chest. Once you have your UAE trade license, you can help other people get theirs by sponsoring their applications. This could be your spouse, children who depend on you, or even a maid or driver who helps you around the house. Step 4: Open a bank account Open a corporate bank account. This is the last thing you need to do before you can trade in the UAE. This process isn't always quick and easy for people who aren't from the GCC, but the staff at Black Swan can help make it easier. After we talk about your specific banking needs, we can suggest the financial institution that will best meet them.

Cost of opening a perfume shop in Dubai

In Dubai, getting a licence to open a perfume shop costs at least AED 13,500. But there are also a number of other costs to think about. You will also need to think about visas and any other permits you might need to trade. There are also costs for staff and the office to think about. Get in touch with the team at Black Swan to get a full and personalized breakup of how much it will cost to open a perfume shop or a perfume wholesale import/export business in Dubai.

Documents required to open a perfume shop in Dubai

When you fill out your application form for a perfume shop licence in Dubai, you will also need to send in the following documents.
  • Company registration certificate
  • Lab test results for all perfumes you want to sell
  • Analysis report for all perfumes you want to sell
  • Certificate of free sales

How Black Swan can help

Black Swan Business Setup is one of the biggest and most trusted companies in the area that helps people start businesses. And if you work with us to start your business, you can use our international experience and knowledge. Our team of people with many skills has helped tens of thousands of business owners make their dreams come true. We are your one-stop shop for everything you need to set up a business in Dubai. We can help you with everything from licenses, permits, and visas to a wide range of other business services to help your business grow quickly before it even starts. We also want to help you keep costs low, so we offer flexible payment plans and custom packages. Need more information? Contact us today to take the first step toward starting your perfume business in Dubai. Tags : Professional License Dubai, Business Incorporation Dubai, Business Setup Dubai, Company Formation Dubai, Company Registration Dubai, Dubai Freezone Company Formation, Dubai Mainland Company Formation, Real Estate Business / Company Registration Process, Start / Setup / Open a Licensed Play School, UAE Short and Long-Term Residency
Categories Business, Business License, DMCC, dubai, Free Zone

Get your Dubai Free Zone Visa with DMCC

You have started a new business in one of the free zones in the UAE. You've set up the processes and are looking for a new team to help your business grow. Getting a Dubai Free Zone visa is pretty easy, whether you want to hire someone from the UAE (someone who works at Dubai's onshore location) or from another country.

But with so much information available today, it can be hard to understand the visa process, including who is eligible, what the rules are, and how much it will cost.

Most free zone authorities put a cap on how many visas each business can get. If a company wants to get more visas, it can either move to a bigger office or ask the free zone authority for permission to get more visas.

This blog gives you a lot of information about the procedures, types of visas, and eligibility requirements for each type of visa. This will help you make an informed decision about which visa to get.

Four Types of Dubai Residence Visas at DMCC

When you use DMCC to apply for a visa, the process is easy and clear.
Dubai Multi Commodities Centre (DMCC) sets a limit on the number of visas you can get based on the size of the office you choose. For instance:

  • Flexi desk: Up to 3 visas
  • Serviced office: 4 or 5 visas depending on the size of the office
  • Physical space: 1 visa for every 9 square metres

The UAE Ministry of Labour has nothing to do with free zone visas. Each free zone authority has its own employment law, and the terms of the job contract are in line with labour law. People with free zone visas are not allowed to work outside of the free zone, or "onshore," because they do not have a full UAE work contract.

Every company with a DMCC licence can apply for four types of visas: an Employment visa, a Dependents' Resident visa, a Partner/Investor visa (which includes a Business Visit visa), and a Student visit visa.

Each of the four visas comes with different scenarios, such as how to apply for a new visa, how to renew an old one, or how to transfer access for employees who already live in the UAE. Visit this page to find out more about how each category is broken down.

Employment Visa

A company with a DMCC licence must make sure that its employees are allowed to work in the free zone by making sure they have an employment residence visa, an ID card, or an access approval.

Identity cards and access permissions are another way for a business owner to give permission to an employee who is not directly sponsored by the company.

Employment Residence Visa

The most common way to get a visa is to get a job with a business in a free zone and sign a contract to live there. A free zone employee's visa is paid for by a free zone authority (in this case, DMCC), not by the employer.

To start their application, an employee in a free zone needs a letter of appointment from their company. This type of visa is good for one, two, or three years, and the process for applying is different for employees who live outside of the UAE and for those who live in the UAE.

Identity Cards

If you want to hire a woman who is sponsored by her husband or father, you will need to get an ID card for this woman employee. The ID card can be used for a year. Each electronically issued ID card is a new count against the number of visas your company is allowed.

Access Approvals

If you want to bring someone in to do temporary work at your office who is not an employee, you will need to get permission to let them in. This is usually for consultants, contract workers, and workers from sister or parent companies who need to work temporarily in DMCC. A valid Access Approval can be used for 1, 3, or 12 months. Access Approvals are only given to up to 30% of the workers who are doing the work.

Dependents’ Resident Visa

Through DMCC, a company with a DMCC licence can apply for UAE residence permits for sponsored employees and their dependents, such as their wife, children, parents, parents-in-law, and housemaids. But this application will have to follow the rules and laws of Dubai's Federal Authority For Identity and Citizenship (FAIC).

A dependents' entry permit is valid for 60 days. If the family member does not pass the medical test, they cannot stay in the UAE.

Partner / Investor Visa

This kind of visa is perfect for foreigners who want to start their own business in Dubai or put money into companies that are already there.

An investor visa is good for three years, and the immigration office does not need a deposit.

Business Visit Visa

A company with a DMCC licence can also pay for a foreign team member to do business in UAE. DMCC can help this worker get a business visitor visa. This kind of visa can be used for a month.

Student Visa (University and Institution)

A student at a university or school licenced by the DMCC can apply for a student visa. A visa for a college student is good for one year, and a visa for an institution is good for 90 days.

Key Criteria for DMCC Visa

All visa applications are taken care of by DMCC's online portals. Each application has its own set of documents that must be sent along with it. The process for getting a visa also changes based on whether the applicant is inside or outside the UAE.

If the employee application is outside of the UAE, it must include the Emirates ID, a copy of the most recent passport, a photo the size of a passport, a signed offer letter, relevant education certificates, a signed employment contract, and a medical fitness certificate. The Emirates ID and medical fitness certificate can be issued by DMCC, but you don't have to use this service.

If the employee application is in the UAE, they will also need an Emirates ID, a document showing that their status has changed, and a copy of their current visa.

Some of the most important things to think about when applying for any kind of visa are:

Employment Visa

  • When applying for an employment entry permit, your passport must be valid for at least six months.
  • The UAE Embassy in the home country and the Ministry of Foreign Affairs (MOFA) in Dubai must both attest the relevant education certificates.
  • If the applicant lives in the UAE area, all certificates need to be legally translated into Arabic.
  • You can apply for your potential employee's health insurance through one of the 45 local health insurance plans in the UAE that have been approved by the Dubai Health Authority (DHA).

Dependents’ Resident Visa

  • Employees who make at least AED 4,000 per month and live in at least a one-bedroom apartment can pay for their wife and children to stay in the country.
  • Employees who make at least AED 20,000 per year and have a place to live can sponsor their parents and parents-in-law.
  • Dependants must have valid health insurance.
  • If the employee's title is "clerk," "sales," "executive," "administrative officer," "assistant," etc., then that person has to give a three-month bank statement.
  • To be eligible for sponsorship, the sponsor can't work as a worker or in a job similar to that of a housemaid.
  • You can still apply for a dependents' resident visa with DMCC if you are only a shareholder of a DMCC licenced company and hold a Dubai residence visa but not an employee residence visa issued by a free zone authority (in this case, DMCC).

Partner / Investor Visa

  • If your DMCC-licensed company has more than one shareholder who owns at least 50,000 shares, you can get a partner visa for them.
  • You can get an investor visa if you are the only owner of your DMCC-licensed company.

Business Visit Visa

  • Each company can ask for up to three of these visas at once.
  • This kind of visa can't be renewed and can't be paid back.
  • If the application is turned down, the costs are not refundable.

Student Visa (University and Institution)

  • Minimum of six months left on the passport and a letter of application from the university or institute

Hassle-Free Visa Services with DMCC

The DMCC Member Portal makes it easy for you to do a lot of things for your business, like get licenses, make changes to your business, and get NOCs. The portal makes it easy to handle all of your business tasks in one place, giving you more time to focus on what's most important for your business.

Tags : DMCC Company Registration, UAE Residence Visa, UAE Student Visa, Dubai Investor Visa, Dubai Freezone Company Formation, UAE Work Visa, UAE Business Golden Visa, Dubai Digital Nomad Visa, Maid Visa in Dubai

Categories Business, company formation, dubai, Free Zone, Offshore Company Formation

Company Registration in Dubai: Mainland vs Free Zone vs Offshore

When you start your own business in Dubai, one of the most important things to think about is what kind of business entity to choose. Most of the time, you can choose between the mainland, a free zone, or an offshore entity. Each has its own pros and cons, and the right choice will depend on what your company does for business, who it wants to trade with, how it is owned, and other factors.

So, how do the types of businesses compare? Which one will help your business the most? Our blog goes into detail about these questions and compares the costs, problems, and benefits of each place.

1. Free Zone Company

Free zones are places where goods and services can be bought and sold, usually with lower taxes and customs fees. By doing business in one of Dubai's 30 free zones, you can get benefits like 100% foreign ownership, 100% tax exemption for corporations, 100% repatriation and capital funds, and 100% repatriation and capital funds.

Ownership Structure

One of the best things about setting up your business in Dubai's free zones is that you have full ownership of it. To start a business, you don't need a local sponsor or service agent.

Business Activity

You can't do business on the mainland as a company in a free zone. If you want to sell to people in the UAE, you will need to set up a company on the mainland with the help of a local sponsor.

Office Requirements

In each free zone, there is a wide range of office space options, from virtual desks to offices and even flexi-desks.

Visa Requirements

The number of visas you can get will depend on the size of the office space you rent and the type of free zone you are in. Most free zones in Dubai will let you get between 3 and 6 visas.

At DMCC, the number of visas your business can get depends on the size of the office you choose:

  • Flexi desk: up to 3 visas.
  • Serviced office: 4 to 5 visas depending on the size of the office.
  • Physical space: 1 visa for every 9 square meters.

Cost of Setup

Costs vary greatly for setting up and running a business in one of Dubai's free zones. Here is a list of the four main fees for setting up and running a business in Dubai:

  • Company Registration Fee
  • Licence Fee
  • Office Fee
  • Share Capital

For a more in-depth look at how the costs of setting up a business in Dubai's different free zones vary.

2. Mainland Company

Companies that are based on the mainland, which are often called "onshore" companies, have access to the local market and markets outside of the UAE. To become a Mainland LLC company, you must get a licence from the Department of Economic Development (DED) of the emirate where you want to do business.

Ownership Structure

Before the new UAE laws on commercial company ownership went into effect, foreign business owners who set up a mainland company in Dubai could only buy 49% of the company's shares. A local sponsor had to buy the other 51%. But as of December 1, 2020, the UAE passed a law that lets foreigners own 100% of companies on the mainland. Since the resolution is so new, it has not yet been fully put into place or fully explained.

Business Activity

A business that is based on the mainland can do business anywhere in the UAE. They can also do business in any free zone in the United Arab Emirates.

Office Requirements

In contrast to a free zone or an offshore company, mainland companies must have an office space. The DED says that you have to rent at least 200 square feet of office space. Companies on the mainland are not allowed to have virtual offices.

Visa Requirements

For a company on the mainland, there are no restrictions on visas. The size of rented office space or a business facility determines how many residency visas can be given. So, the more office space your company has, the more work visas your company may be able to get. In general, one visa per 80 square feet is used to figure it out.

Cost of Setup

When a business owner starts a mainland company, some of the first costs they can expect are:

  • License fee: The DED has different licence options, but the standard trade or service licence is usually 5% of the rent. A General Trading licence Instant licence, Merchant licence, and launch licence don't apply to this.
  • Initial Approval from DED
  • Dubai Chamber of Commerce
  • Approval of trade name
  • Office rent
  • Attestation of Memorandum of Association (MoA)
  • Drafting of contract and court agreement attestation
  • Registration with Ministry of Economy
  • Trade license fee
  • UAE local Sponsorship fees depend on the nature of the business

3. Offshore Company

Offshore companies are not allowed to run any kind of direct business in the UAE. But an offshore company can be a shareholder in any UAE company on the mainland or in a free zone. This lets the offshore company enter the UAE market and do business through its subsidiary companies.

Ownership Structure

An offshore company can own the whole business, but it can't have a physical location in the UAE.

Business Activity

An offshore company in Dubai can do business anywhere in the UAE, including on the mainland and in any of the free zones.

Office Requirements

A company that is not based in the UAE cannot have a physical office there. Their office must be in a country other than the one they work in.

Visa Requirements

Visas can't be given out by companies in other countries. Only companies in Dubai/UAE that are on the mainland or in a free zone can give out resident visas.

Cost of Setup

Setting up an offshore business isn't too expensive. Setting up an offshore company in Dubai is the least expensive of the three options. This is because there are no minimum requirements for capital deposits before incorporation, and there are no costs associated with office space or getting a visa.

Choosing the Right Jurisdiction for Your Business

Your company doesn't have a "best" choice between a free zone on the mainland or one off the coast. Whether or not a jurisdiction is good for your business depends on its goals and strategies.

Here is a summary of what was talked about in the blog.

 

Free Zone

Mainland (Onshore)

Offshore

Ownership Structure 

100% foreign ownership

100% foreign ownership

100% foreign ownership

Business Activity 

You can trade within the Free Zone and internationally. Trade within the UAE is possible through a local agent/distributor.

You can trade throughout the UAE and internationally.

They are free to do business outside the emirates. They cannot have a physical setup for doing business within the UAE.

Office Requirements 

Not compulsory to have a physical office space. Many free zones in Dubai allow you to create a business licence by offering virtual/flexible desk solutions.

Minimum 200 sq ft office.

You are not allowed to have any physical office in Dubai.

Visa Requirements 

Setting up your company in a Dubai free zone automatically makes you eligible for a visa. Visa costs differ per free zone.

The number of residency visas granted is based on the size of leased office space. Generally, it is calculated as one visa per 80 square feet.

No residency visas issues.

Cost of Setup

Medium-High

Setup costs strongly depend on which free zone area you select. 

High

Low

Set Up Your Business in DMCC

If you think the best thing to do is set up as a free zone entity, DMCC is your best bet. As the world's number one free trade zone and the centre of global commodity trading, DMCC offers your business benefits and services that can't be found anywhere else to help it succeed

Tags: Company Formation Dubai, Company Registration Dubai, Dubai Freezone Company Formation, Dubai Mainland Company Formation, Offshore Company Formation, DMCC Company Registration, Difference Between Mainland Free Zone Company Formation

Categories Business, Business License, dubai, License, uae

Process to Start a Cryptocurrency Business in Dubai, UAE

Many new entrepreneurs, foreign investors, and new businessmen are looking for different ways to make more money. The cryptocurrency business is a new, modern way to do this that is better than the others. People all over the world are paying attention to it because it keeps growing at a very fast rate. In the near future, the modern digital currency, or money, will probably become more well-known and useful for business transactions. Setting up a crypto business in Dubai, UAE, is therefore a good idea. With several free zones that let businesses manage crypto assets, trade bitcoin and other cryptocurrencies, and do other related things, the Emirates have become more mainstream. With a cryptocurrency business licence, companies and organisations can manage and trade their digital money. In the United Arab Emirates, you can get this licence from:

What is Cryptocurrency?

The popularity of digital currencies is growing rapidly in the United Arab Emirates, creating a wealth of new and interesting business prospects in the fields of cryptocurrency exchanges, holding, and trading. One of the most popular discussions among aspiring business owners and investors is how to launch a bitcoin enterprise in Dubai, United Arab Emirates. Digital currencies, sometimes known as cryptocurrencies, are cryptographic tokens based on the widely publicised blockchain technology. When it comes to the value of cryptocurrencies, there is no one entity in charge of doing so. Instead, cryptocurrency is disseminated electronically among its users. Dogecoin, Bitcoin, and Ethereum are just a few examples of well-known cryptocurrencies that can be purchased and used right now. Cryptocurrencies are available for buying or mining on many decentralised exchanges. Despite cryptocurrency's outward appearance as an asset class, investing in it involves significant dangers. To fully grasp how the Bitcoin system works, you need have done adequate research. One would reasonably wonder, given the inherent dangers, how they have become such a popular trading method. The exponential growth of cryptocurrency prices is largely responsible for their widespread adoption. To a lesser extent, holders and traders of cryptocurrencies also utilise them for international money transfers.

Requirements for Getting Cryptocurrency License in Dubai, UAE

The UAE government has instituted a few prerequisites for applying for a cryptocurrency licence in the Emirates, and these prerequisites are in place for regulatory purposes. The following are the necessities for getting a cryptocurrency licence in the UAE:
  • Obtain a commercial licence application from the DED
  • Then, submit passport copies for any business associates.
  • Your cryptocurrency wallet's transaction history should be spotless, with no indication of any fraudulent activity.
  • After that, have a plan in place to show how much money the business has and how much it costs to run for the next six months.
  • To legally hold any cryptocurrency in the United Arab Emirates, you must register your holdings with a "UAE financial free zone" department approved by the country's government.
  • Submitting your complete business plan to the appropriate government agency is the final step.

How to Set Up a Crypto Business in Dubai

Follow the steps below and you'll be well on your way to launching a successful crypto business in Dubai, where there are many crypto aficionados and modern investors.
  1. Choose a name for your business.
  2. Choose the economic zone you want.
  3. Register for a cryptocurrency licence by filling out an application.
  4. Follow all the rules and regulations

Choosing a Company Name

The first step is to choose a name for your business that doesn't include any well-known brands or swear words. The name of your business needs to be simple and easy to remember. Also, if you want someone's name to be your business's trademark, it should be that person's real name. There can't be any nicknames.

Selecting a Preferred Jurisdiction

Next, you have to decide whether your crypto business will run in a UAE free zone or on the mainland. Both jurisdictions have their own advantages and disadvantages. One of the best things about free zones is that you can use any currency you want. You can also use the gain and income repatriation to your advantage. On the other hand, if you set up your business on the mainland, you can easily travel to all of the Emirates' states.

Register for a Cryptocurrency License

After thinking about the above, you should be ready to sign up for a cryptocurrency licence in Dubai, UAE. You can also send this application straight to the appropriate government department. But it can be hard for an expatriate to take care of everything on their own. Because of this, the crypto business experts at the Riz and Mona Business Consultancy are a good choice to work with.

Follow All the Compliance Regulations

In Dubai, both traditional financial trades and Bitcoin trades are supervised in the exact same way. Because of this, you should have the right licence and follow all the rules against money laundering. If you aren't careful at this step, it could hurt your business.

Steps for Getting a cryptocurrency license in Dubai

  • You can download and fill out an application form for a cryptocurrency licence from the government agency in Dubai where you want to set up your business.
  • Put the name and name of each shareholder in your company on the form and send it in.
  • Give all of the required documents to the government agency where you are setting up your business.
  • Pay the application fees to the government agency that is in charge of giving you a licence to deal in cryptocurrency.
  • If the application form and the company's official legal documents are all in order, the authorities will give you a cryptocurrency business licence within a week.

Incorporate Crypto trading company in Dubai

Where to Get the Cryptocurrency License in Dubai

You should get a cryptocurrency licence in the UAE before starting a cryptocurrency business in Dubai. At the moment, three of the free zones across the country are giving out licences for cryptocurrency.
  • Abu Dhabi Global Market (ADGM)
  • Dubai Airport Free Zone (DAFZA)
  • Dubai Multi-Commodities Center (DMCC)
Blackswan Business Setup can help you in getting Cryptocurrency License in UAE, Just fill up the form below for a free consultation to know about Cryptocurrency License in Dubai.

Cryptocurrency License in Dubai Multi-Commodities Centre (DMCC)

The DMCC is very open to the idea of adding and introducing cryptocurrency. They give licences to new business owners and entrepreneurs in Dubai who want to use cryptocurrency. People from all over the world come to DMCC in the Emirates to get a licence to trade in cryptocurrency. With a DMCC cryptocurrency licence in Dubai, you can do business activities like providing services related to cryptocurrencies, trading, storing cryptocurrencies, managing them, making apps and software related to cryptocurrencies, and much more. With a cryptocurrency licence in the city, you can also offer consulting and other services. DMCC has opened a new centre for cryptocurrency and wants it to be the hub for all blockchain-related activities in Dubai. Dubai is already known as the most technologically advanced city in the world, and the addition of new technologies like blockchain and crypto-only made its position even stronger. The DMCC cryptocurrency licence is a very

Cryptocurrency License in Dubai Airport Free Zone Authority (DAFZA)

Dubai Airport Free Zone Authority is what DAFZA stands for. This is another free DMCC in Dubai that accepted cryptocurrencies without any trouble. They made a deal with the ESCA (The UAE Securities and Commodities Authority) that helped them help new businesspeople and entrepreneurs who wanted to do great things with crypto for their businesses. By giving cryptocurrency licences to businesses in Dubai, they made it possible for them to do business. By getting a cryptocurrency licence from the DAFZA, companies can use crypto assets for different business activities. Also, they can help foreign investors from all over the world who come to Dubai to do business. The DAFZA has a strong regulatory framework that makes it easy for companies to do business within its borders. They are moving forward with their plan to make digital currencies like Dogecoin, Bitcoin, Ethereum, etc. grow and be used more.

Cryptocurrency Licence from Abu Dhabi Global Market (ADGM)

Abu Dhabi Global Market lets crypto assets that are regulated by the Financial Services Regulatory Authority (FSRA) work (ADGM). FSRA is the regulatory body that handles all cryptocurrency-related assets in the Emirates. At the moment, it is the only legal government body in the UAE with a large framework for regulating crypto licences. ADGM and FRSA have put out a guide for how cryptocurrency licences can be used in the country, which will help both small and large businesses in the Emirates. Tags : Professional License Dubai, Business Incorporation Dubai, Business Setup Dubai, Company Formation Dubai, Company Registration Dubai, Dubai Freezone Company Formation, Dubai Mainland Company Formation, Get Cryptocurrency License in Dubai, Get Cryptocurrency Trading License in Dubai
Categories Business, Business License, company, dubai

How to get Logistics & Cargo License in Dubai

The UAE is the largest international logistics hub in the Middle East. It connects air, sea, and land routes from West to East, Europe to Africa, and Africa to Asia. Its infrastructure and logistics are very advanced and well-developed because the government has put a lot of money and support into the sector. So that you can make the most of this amazing chance, SORP makes the licencing process quick and easy and gives you full support for your logistics business in the UAE. A very profitable logistics services and support business can be set up in the UAE by people from other countries. They will get the help they need from the government while not having to pay corporate or personal taxes. SORP experts will look into the logistics market services that you are interested in and make sure they are what you want. We will also help you set up your business and get the necessary permissions from the government.

Types of logistics business activities that can be licensed in the UAE

  • Freight broker
  • Customs broker
  • Warehouse storage
  • Leasing
  • Air cargo transportation
  • Sea cargo transportation
  • Land cargo transportation
  • Fleet management

UAE governmental authorities responsible for providing specific licenses for logistics business

  • Dubai Customs
  • Dubai Police
  • General Civil Aviation Authority
  • Maritime Authority
  • Roads and Transport Authority
  • Food Control Department
  • Ministry of Climate Change
  • Civil Defence

What is a logistics Licence in Dubai?

In Dubai, a logistics licence is just a permit that lets you run a legal logistics business from the emirate. This licence is for a wide range of logistics businesses, such as freight and customs brokers, warehousing companies, logistics planning firms, companies that move cargo by sea and air, and many more. If you're not sure if your business needs a logistics licence in Dubai, our experts can help you figure it out.

Benefits of opening a logistics company in Dubai

As one of the most important shipping hubs in the world, this emirate is a great place to start a logistics business. Some of the most important benefits are:

Location

Dubai is in a very important place on the map of the world. A lot of trade takes place on sea and air routes that go through Dubai. The emirate is a centre for trade between Asia, Africa, Europe, Australasia, and, to a lesser extent, the Americas.

Great tax benefits

If you start a logistics business in Dubai, you can take advantage of the very low corporate and income taxes in the emirate. Also, if you choose to run your business from a free zone, you might not have to pay any corporate tax or VAT at all.

World class infrastructure

Most people agree that Dubai's sea ports and airports are some of the best in the world. Thanks to this great infrastructure, it will be easy and smooth for you to start trading.

A government that supports trade

The government of Dubai is pro-market and pro-business, and it works to make the emirate a fair and competitive place to start a logistics business.

Proximity to other logistics companies

In Dubai, there are a lot of logistics companies, and each one specialises in a different area. This means that there are a lot of possible business partners, suppliers, customers, and skilled workers near your logistics company. All of this makes it easier and more efficient to run your business than if it were in a place where the industry isn't as well-developed.

Global trade agreements

Dubai and the United Arab Emirates as a whole have many trade agreements with countries all over the world. This means it will be easy for you to do business with people everywhere.

Steps to start a logistics company in Dubai

In 2022-23, here are the steps you will need to take to get your logistics licence in Dubai:
1. Choose a company name
First, you have to come up with a name for your business. The name of your business should reflect what it does best, and it should also follow the UAE's rules for business names.
2. Choose between mainland or a free zone
You can run your business from the mainland of Dubai. This is a good choice if you plan to work directly with partners in the emirate.
3. Apply for a logistics licence
You must fill out an application form for your business and send it along with certain documents to the Department for Economic Development (on the mainland) or the free zone's authorities. The whole thing can be done online, and it only takes a few hours.
4. Submit all required documents
When you apply for a logistics business licence, you must provide a number of documents. Creative Zone can help you through the process if you don't know which documents are needed or what format they should be in:
  • An application form
  • A copy of your passport
  • If you are an expat and want to live on the Dubai mainland, a copy of
  • the passport of your local sponsor.
  • An Emirates ID copy
  • Your memorandum of association
5. Logistics licence will be issued
Most of the time, the logistics licence will be given to you in just a few days, at which point you can start your business.
6. Start processing visas
Many people who own logistics businesses hire foreign workers. If this is part of your business plan, all of your foreign employees will also need to apply for visas. At Creative Zone, we can help you figure out how to get visas for your employees. Tags : Professional License Dubai, Business Incorporation Dubai, Business Setup Dubai, Company Formation Dubai, Company Registration Dubai, Dubai Freezone Company Formation, Dubai Mainland Company Formation, Real Estate Business / Company Registration Process, Start / Setup / Open a Licensed Play School, UAE Short and Long-Term Residency
Categories Business, company, dubai, Real Estate

Real Estate Business / Company Registration Process in Dubai – UAE

Since a number of years, Dubai's real estate sector has expanded at a rapid rate. In addition, in 2022, new regulations will permit more foreign investors to purchase real estate in the emirate. This indicates that inquiries about real estate in Dubai are increasing at an unprecedented rate, making now an excellent time to launch a real estate business.

Benefits of starting a real estate company in Dubai

Dubai's real estate market is one of the most desirable in the world due to its sustained growth over many years. Among the primary advantages of launching a real estate firm in Dubai are:

  • The Dubai real estate market continues to generate impressive returns for investors, with yearly yields of 5% or more being the norm.
  • Dubai's real estate market is broad and diverse, offering investment opportunities in residential, commercial, student housing, luxury property, hotels, and industrial units, among others.
  • Transparent regulations: Dubai's legal system is well-respected and transparent, so you can invest with confidence.
  • The Dubai real estate market is very competitive and available to investment by anyone, including foreign investors.
  • With its educated, competent, and professional population, you can be confident that houses for sale or rent will be in great demand.

How to get a Real Estate Business licence in Dubai

If you intend to become a real estate agent in Dubai, you must finish real estate professional certification training. Four days of training will provide you with a comprehensive overview of all you need to know to legally work as a real estate agent in Dubai. After finishing a training course, you must pass a test administered by Dubai's (RERA). You will be able to apply for an agent's licence upon completing the exam.

RERA licence cost

The price of an RERA licence depends on the applicant's prior academic level. If you have a bachelor's degree, the examination price is AED 3,200. It costs AED 6,300 for those without a bachelor's degree.

In addition to exam expenses, you must additionally account for the cost of completing an RERA training course. These items normally cost between 2,500 and 3,500 AED.

Steps to start a real estate business in Dubai

Dubai's Department of Economic Development (DED) outlines various requirements for launching a real estate company in Dubai. When you work with Black Swan, we will guide you through the six steps outlined below.

Select a trading name

When selecting a company name, it should reflect your primary business operations. For example, AJ Shah Real Estate LLC is an appropriate name.

Additionally, the UAE has severe regulations regarding the language and phrases used in corporate names. You may not use any rude, insulting, or profane language.

Decide on a jurisdiction

In Dubai, there are three economic jurisdictions where real estate companies can establish a presence: the mainland, the free zone, and the offshore. Each of these has its own distinct business regulations, advantages, and disadvantages. When choosing your jurisdiction, you must evaluate the type of your business, the accessibility of your target market, and the location of your office. At Black Swan, we can advise you on the jurisdiction that best fits your circumstances.

Legal structure

You must also determine the legal structure of your firm, as different structures are more or less suitable for various sorts of enterprises. The following are some of the most frequent types of legal structures for real estate companies in Dubai:

  • Sole establishment
  • Limited liability company (LLC)
  • Free zone company
  • Foreign company branch
Submit your documentation

Depending on the form and location of your firm, you must submit a variety of paperwork when applying to start a real estate business in Dubai. At Black Swan, we can advise you on the precise documents you want and verify their accuracy:

  • The DED registration application form
  • A copy of your passport
  • A copy of your Emirates ID
  • A certified copy of your office lease
  • The RERA licence
Approval process for special activities

If your real estate company needs to engage in specialised operations (such as real estate construction), you may need permission from other relevant authorities. Black Swan can provide particular guidance.

Process your UAE visa

If you (or your employees) are not Dubai citizens, you may need to apply for visas for your staff and family members at the same times as your visa application. The process is as follows:

  • Getting an entry permit
  • Changing your status
  • Taking a medical exam
  • Getting your Emirates ID

Cost of starting a real estate company in Dubai

The price of launching a real estate business in Dubai is between AED 10,000 and AED 30,000. (in addition to your RERA licence). Fees will vary based on a number of variables, such as your location, office startup costs, and whether you choose to operate from a Dubai free zone, a mainland firm, or an offshore company. In general, beginning costs are lower if your business is located in a Dubai free zone.

Working with Black Swan

Black Swan Business Setup can help you in Setting up of real estate business in Dubai At an affordable cost

Tags : Real Estate Business Setup Dubai, Real Estate Business Setup Dubai UAE, How Start Real Estate Business Dubai UAE, How Get Real Estate License Start Real Estate business, Make Top Virtual Destination Investing Dubai Real Estate , Steps to Start Real Estate Agency in Dubai, Professional License Dubai, Business Incorporation Dubai, Business Setup Dubai, Company Formation Dubai, Company Registration Dubai, Dubai Freezone Company Formation, Dubai Mainland Company Formation

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