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How to Start a Restaurant or Cafeteria Business in Dubai and the UAE
Categories Business, Business License, Business Setup, dubai, How To, restaurant, uae

How to Start a Restaurant or Cafeteria Business in Dubai and the UAE

The restaurant sector is expanding all around the world. Despite global economic swings, nothing appears to diminish our desire to eat out. According to recent estimates, the global food service sector is worth approximately USD 3 trillion. And there are no signs of it stopping down. The tendency is similar in the United Arab Emirates. The restaurant market in the United Arab Emirates is expected to be worth USD 3.3 billion. Fast food restaurants account for over USD 1.5 billion, followed by casual dining at USD 880 million and fine dining at USD 840 million. However, a big market isn't the only reason why the UAE's restaurant sector is so appealing. We dine out 6.75 times a week on average in the UAE, which is more than the US average of 4.2 times. If you want to build a restaurant or a cafeteria in Dubai, now is an excellent moment to do so.

Restaurant Formation in Dubai

The creation procedure is basically the same whether you want to create a restaurant or a cafeteria in Dubai. You'll need two different licences. The first is a business permit. The Dubai Department of Economic Development (DED) or a free zone can be used to apply for this. Then you must have the food control department approve your restaurant plans. After you've finished this step, you'll be able to apply for your food license. The Dubai Municipality Food Safety Department has released this statement. You must include a copy of your trade license as well as a restaurant floor plan that includes all entrances and exits, food processing spaces, food storage areas, all windows and ventilation, all food processing equipment, and all washing equipment as part of your application. The ‘Food Code' must be followed in order for your license to stay valid. This is similar to food safety regulations in many other large nations, and it entails fulfilling specific standards for food preparation, production, and cleanliness. The regulation includes everything from food preparation and storage to ventilation and cleaning facilities, among other things. Any institution that prepares or serves food, such as restaurants, cafeterias, motels, and supermarkets, is subject to the regulation.

The Application Process

While there are some extra steps to applying for a food license, the procedure for applying for a commerce license is quite straightforward. You must first define your company operations before submitting your initial application. Will you be running a café, a restaurant, a culinary kitchen, or anything similar? You should also specify the sort of cuisine you want to sell, as well as how you want to sell it: eat-in, take-out, or delivery. To minimize delays in your license application, it's critical that you include these data. You must also avoid engaging in any trading activity that is not specified on your license. Working with a company setup specialist at this point is a fantastic option because this is such a precise element of the application procedure. Now that you've settled on your trade activity, it's time to pick a firm name. There are a few additional criteria to consider in the UAE that may not apply in other parts of the world. For starters, your company name can only contain your whole name if it is utilised in its entirety. Instead of J Smith Foods or Smith Foods, John Smith Foods is used. The rest is pretty self-evident. You cannot, for example, use the name of an actual organisation like NASA or MI5, and your firm name should not contain any derogatory or blasphemous words. Finally, make sure that the name you want to use is accessible for registration. This is another phase where a business creation professional may assist you. It's now time to submit your application for a trade licence. If you want to open a business on the Dubai mainland, you must first apply to the Dubai Economic Department (DED). You can apply directly to the relevant management authority for free zone installations. In both situations, you should include the following documentation as a bare minimum:
  • Finished application form
  • A passport copy of the potential owner or owners
  • Two passport size photos in colour.
Free Zones for industrial Setup in Oman
Categories Business, Business License, Business Setup, FREE ZONE COMPANY, How To, Oman

Free Zones for industrial Setup in Oman

Free Zones for industrial Setup in Oman : There are four free zones for industries in the Sultanate of Oman. Each zone focuses on the development of different business areas and investments. These zones permit all industrial activities like import of raw materials, processing, assembly and packaging, export of finished goods, storage and warehousing of products. The free zones are categorized based on the business areas they support. Select a zone based on your trade and business requirements. Listed below are the 4 free zones in Oman.

Al Mazunah Free Zone

Al Mazunah free zone is located near the Yemen border. This makes it a gateway to enter into the Republic of Yemen and East African countries, from the Gulf. This zone was established in 1999 and is a center for commercial, industrial and service sectors.

Salalah Free Zone

This zone is known for its low cost of labor, utilities, and infrastructure. It provides solutions to businesses that want to expand into the Middle East, Africa Southern Europe, and Asia.

Sohar Free Zone

This zone is one of the world’s fastest-growing ports. It is around 4500-hectare deep-sea port and deals with close to US $26 billion. This port is expected to take control of handling Oman’s National Food Reserve.

Duqm SEZ

Duqm SEZ (Special Economic Zone) is soon to become one of the biggest economic zones, covering an area of close to 1745 square kilometers. This zone is further divided into 8 sub-zones to accommodate different types of investments such as industries, sea-port, dry-dock, tourism, fisheries to name a few. Now, let us look into the advantages of setting up a business in Oman. Contact Black Swan for Free Zone Company Setup in Oman You will also be interested on:

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Documents necessary to establish business in Dubai South Free-Zone
Categories Business Setup, Free Zone, FREE ZONE COMPANY, How To

Documents necessary to establish business in Dubai South Free-Zone

Given below are the list of Documents to establish business in Dubai South Free-Zone

Documents For Branch setup Dubai South Free-Zone

Given below are documents required to setup a branch office in Dubai south free zone
  • Incorporation certificate (duly attested, notarized and legalized)
  • Foreign language documents are to be translated into Arabic/English and done only by legal translators, attested and notarized.
  • MAA (Articles & Memorandum of Association) of parent company (duly notarized, legalized and attested)
  • Power of attorney or Signatory authority for 3rd party (duly signed, legalized and attested) to be done with Board resolution.
  • Branch (signed) to be established with Board resolution.
  • General Manager’s Passport copy.
  • Valid trade license or some equivalent (duly attested, notarized and legalized) along with good standing certification.

Documents For LLC company Setup in Dubai South Free-Zone

Given below are list of documents required to setup LLC company formation in Dubai
  • Incorporation Certification (duly attested, notarized and legalized)
  • Essential Foreign language documents to be translated into Arabic/English are to be performed by legal translators, attested and notarized.
  • Board Resolution providing power attorney or signatory authority for 3rd party (duly attested, signed and legalized)
  • Board Resolution for setting up a company (duly signed).
  • Manager/Secretary/Director’s Passport copy.
  • Good standing certificate along with valid trade license or anything equivalent (duly attested, notarized and legalized).
Read more on :

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All about visas in the Dubai UAE
Categories How To, UAE VISA

All about visas in the UAE

UAE Visa : UAE issues many kinds of visas for those who are interested in coming there. For work or vacation, several options are available. Let's discuss the most popular one here.
The Right Visa For You

UAE Permanent Residency Scheme

This scheme has been introduced for non-UAE residents who are looking for a long-term investment visa in UAE. This is an interim visa, valid for a period of six months and permits multiple entry. This visa allows foreigners to live, study and work in UAE without a national sponsor. Additionally, it allows 100 percent ownership of their business venture in UAE mainland. Issued for 5 to 10 years , these visas are renewed automatically. Those who are currently residing in UAE can also transfer their existing residency permit to investor visa, providing relevant conditions are fulfilled. As per cabinet Decree No (56) of 2016, talented students, experts and investors are eligible to get the benefit of interim visa. This is so as to enable them to, "identify opportunities in their field and make appropriate decisions for them and their families.” According to authorities, UAE government has activated three new services on their website.
  • An interim visa, valid for 6-months with multiple entry to complete procedures related to residency for an investor.
  • A 6-month visa with multiple entry for entrepreneurs and outstanding students to complete the procedures for long term residency permit
  • A single-entry visa, valid for 6 months for individuals so as to enable them to complete the process related to residency.
Gold Card
Eligible investors, entrepreneurs, professional talents, researchers and outstanding students from the fields of science and knowledge will be granted the Gold Card. The advantage for Gold Card visa holders is that they can be out of the country for longer than six months continuously. The Gold Card will make UAE more competitive globally and securely establish the country's position as a global incubator. This new initiative is aimed at generating more foreign investment. It is expected to energise the local economy, making it more productive and attractive for investors. How to apply: Individuals based in UAE can apply for Gold Card at the immigration office or accredited offices. individuals not based in UAE can obtain the forms from ica.gov.ae

Long-term residence visas

10-year visa without sponsor

Only the categories given below can apply for a 10-year residence visa without sponsor in the UAE: Public investments of minimum Dh10 million The investment can be of different types such as:
  • Setting up a company in the UAE with a capital of not less than Dh10 million. Or partnering with an existing or a new company where you have a share value of not less than Dh10 million. Your investment can also be in the form of a deposit in an investment fund inside the country that amounts to at least Dh10 million -
  • Alternatively, having a total combined investment of not less than Dh10 million in all areas mentioned above. Here there is a condition that the investment in sectors other than real estate should not be less than 60 per cent of the total investment.
Granting of a visa will be subject to meeting the following conditions:
  • The invested amount must not be from a loan. Also, the investment has to be held for at least three years.
  • Financial solvency of up to Dh10 million is therefore essential.
  • Providing each partner contributes Dh10 million, the Visa can be extended to include business partners as well
  • The long-term visa covers the children, spouse as well as one executive director and one advisor
  • Overseas investors can apply for a multiple-entry permit for a six-month period.

Persons with specialised talents

This category includes researchers and specialised talents in the fields of science and knowledge, for example, doctors, specialists, scientists, inventors. It also includes creative individuals from the field of art and culture. All those listed in these categories must have a valid employment contract in a specialised field of priority in the UAE. The spouse and children are also entitled to the avail the visa benefits. The following conditions have to be met to be granted this visa: Accreditation by Emirates Scientists Council is required for Scientists. Otherwise, they must be holders of the Mohammed bin Rashid Medal for Scientific Excellence. For Creative Individuals in Culture and Art to be granted this visa, they must be accredited by Ministry of Culture and Knowledge Development. This visa is also applicable to Inventors with a patent of value, which enhances economy of UAE. The patents have to get an approval from the Ministry of Economy. Exceptional talents must be evidenced by patents or a scientific research published in a world-class journal Executives who are owners of leading and internationally recognised companies or having high academic achievement and position are also eligible.

Doctors and specialists

  • The applicable conditions for Specialists and Doctors are that they should have
  • A specialisation in areas of priority to the UAE.
  • A PhD degree from any of the top 500 universities in the world (Check ICA for details)
  • Received some award or certificates of appreciation in their field of work, made some contribution to a major scientific research in the respective field of work
  • Published articles or scientific books in distinguished publications in the relevant field of work
  • 10-year professional experience in their field plus Membership in an organisation related to the field of their specialization

5-year visa without sponsor

Eligibility conditions for a 5-year visa without a sponsor Categories entitled to apply for a 5-year residence visa in the UAE are
Investors
Investors will be granted visa subject to fulfilling the conditions below:
  • The gross value of property invested in must not be less than Dh 5 million.
  • The real estate investment amount must not be on loan basis.
  • The property must be held for a minimum of three years.
Entrepreneurs
  • Those entrepreneurs who have an existing project with a minimum capital of Dh 500,000, or have got the approval of an accredited business incubator in the country, qualify for visa under this category
  • This is a multi-entry visa is valid for six months and renewable for another six months.
  • The long-term visa covers children, spouse, a partner and 3 executives.

Outstanding Students

This visa can also be applied for by
  • Students with a minimum score of 95 per cent in public or private secondary school.
  • University students from within UAE or from outside the country having completed graduation with distinction GPA of at least 3.75.

Different Types of Visa

Employment visa
Employment visa is also called as a work permit. This visa is needed by any person wanting to work in the UAE. The Ministry of Human Resources and Emiratisation issues this visa. The employment visa is valid for two months from the date it was issued. With effect from late February, residents of UAE ,who are changing jobs in the UAE, will not be needing a good conduct certificate for the visa if they are in the country.
Residence visa
After getting an employment visa comes residence visa. This visa is like an upgrade over the employment visa. The procedure to obtain this, involves getting a medical test done and applying for the Emirates ID. The UAE Resident Identity Card validates that the person it belongs to is a valid UAE resident. When the entire process is completed, a resident visa holder can sponsor their family members and bring them into UAE too.
Tourist visa
A tourist visa is for travellers whose purpose of visit to the UAE is just tourism. The tourist visa allows the visa-holder to remain in the UAE for 30 days. You can get one via sponsorship by tour operators, hotel or any UAE airline. Every UAE airline provides visa services option if you are flying with them. Travel agents and hotels can also help you with the tourist visa.
Visit visa
This visa is for those who have a friend or relative staying in the UAE, who can sponsor their visit visa. The visit visa can be applied by the sponsor at any GDRFA office across the emirate and it can take a few days to be issued. The sponsor should send a copy of the permit through fax or email after the visa is issued. It is essential to receive a copy of the entry permit before leaving for UAE. The original permit is handed over by the sponsor at the airport and can be collected by the visitor on arrival.
Transit visa
People with a connecting flight or long stopover can use the transit visa. If the stopover exceeds 8 hours UAE airlines can also issue transit visas. It is imperative that passengers holding transit visas must depart the country within 96 hours of reaching UAE. If the transit time is shorter transit time, there is a new opportunity to look forward to. Dubai Airports has recently indicated that transit passengers may soon be able to explore the city as part of the Dubai 10X proposal.

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Benefits of Setting up a Business in Mauritius
Categories Business, Business Setup, How To, Mauritius

Benefits of Setting up a Business in Mauritius

Company Registration in Mauritius : Mauritius is an island country in the Indian Ocean that has become a premier, international business center. This country in the last two decades has enjoyed unprecedented socio-economic development and growth, while emerging as a stable political democracy. It wholeheartedly welcomes foreign businesses and investors to be a part of its rising economy. For offshore business formation, Mauritius has rather become a trustworthy and credible jurisdiction, providing investors with greater security and reliability through flexible regulatory framework. Foreign investment as well as offshore activity is encouraged actively by the Mauritian Government through the Investment Board. Different types of incentives have been introduced by the government for attracting foreign investments. Moreover, consolidation of fiscal and legal framework has only resulted in more user friendly and modern legislation, thereby contributing towards rise of the country as an important offshore financial service center. Development strategies brought out by the government focuses mainly on foreign investment. This in turn has resulted in Mauritius being able to successfully attract offshore entities in thousands. The country’s credibility for offshore investments is further solidified due to adherence to the latest international requirements that involves fighting money laundering and financial terrorism. It has only facilitated Mauritius to enjoy enhanced reputation as a well-regulated and trustworthy offshore center offering guaranteed confidentiality.

Benefits of registering company in Mauritius

Company formation in Mauritius is considered to be a straightforward and simple process, irrespective of you select an Offshore company (GBC2) or a Resident Company (GBC1 Company). The Mauritius Company, if structured correctly is regarded to be a low cost, efficient, legally tax-efficient entity to conduct business. Several benefits can be derived by incorporating GBC2 & GBC1 Company in Mauritius.

Benefits & Features of GBC1 Companies

GCB1 companies have been provided treatment as tax residents. They have the liability to pay taxes upon their earnings. This automatically entitles them to derive benefits offered by the extensive Double Tax Mauritian Treaties. GBC1 can be a foreign company’s branch or a company incorporated locally. Business needs to be conducted using foreign currency, while business cannot be engaged in Mauritius.
  • 2 shareholder minimum required of any nationality, not necessarily be a Mauritian resident. There are permitted Corporate Shareholders.
  • Minimum 1 Director required who needs to be natural person (nominee Directors can be provided by Eltoma)
  • There is required resident Company Secretary (Eltoma can offer this).
  • GBC1 Companies have been considered as resident and hence, provided with the benefit of Double Mauritian Tax Treaties. Tax treat is favorable specifically with India. For holding companies, including those investing or trading in India can find Mauritius to be a popular location.
  • Business could be internationally conducted.
  • GBC1 companies are eligible to use unilateral foreign-tax credit standing currently at 80 percent of Mauritian Tax Rate, thus leaving behind 20% residual liability of Mauritian rate, equal to 3%. Current discussions can be made on future potential reductions on the rate.
  • No limit on carrying forward the tax losses.
  • No withholding of taxes or capital gains levied.
  • No withholding of tax on interests, dividends, and redemption proceeds payment and royalties.
  • Tax exemption on interest received upon Mauritian bank account deposits.
  • Entitled to tax credits upon dividends, in case, Investee Company shareholding is more than 5%.
  • No registrar levies or duties and stamp duties.
  • Estate and gift tax and inheritance tax not applicable
  • The foreign company’s branch may have better access to tax treat network. But to avail this opportunity the local authorities need to be satisfied that the foreign branch’s control and effective management is in Mauritius.

Features & Benefits of GBC2 Companies

GBC 2 Companies are considered to be private entities which conduct business outside the country. However, GBC2 Company cannot conduct business within Mauritius. It can be registered as foreign company branch or locally incorporated. One major benefit derived by GBC2 is confidentiality, while the beneficial owner’s identity is kept largely confidential. The GBC2 is also stated to be a good structure to manage and hold private assets.
  • No stamp duty levied upon share transfer.
  • No withholding tax upon dividends.
  • Limited liability enjoyed by GBC2 company without requiring any paid-up capital (as there is not required any minimum capital)
  • GBC2 companies offered legal tax exemption. However, no access is provided to Mauritian Double-Taxation Treaty.
  •  There is required just one Shareholder and One Director.
  • Formation of Mauritius company allows 100% foreign ownership. This means, there is not required any local nominee.
  • Privacy protection offered to a greater extent (through use of shareholders and nominee Directors)
  • No reporting or accounting requirements, thus reducing maintenance expenses.
  • No taxation on Capital Gains
  • There is permitted conversion to GBC1
  • There will be required agent and registered office in Mauritius.
  • Directors and shareholders can meet anywhere.
  • There is permitted migration to/from Mauritius from any foreign company.
  • Free earnings repatriation.

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JAFZA offshore Regulations & Features
Categories Business, Business Setup, FREE ZONE COMPANY, How To, Offshore Company Formation, Startup

JAFZA offshore Regulations & Features

JAFZA offshore Jebel Ali Free-Zone authority Regulations & Features Jebel Ali Free-Zone Authority has framed several regulations to deliver efficiency and convenience of worldwide offshore locations exclusively to entrepreneurs planning to undertake Dubai offshore investments. Simultaneously, they tend to maintain very high standards and reputation with the international financial authorities, who are stated to have acted as critical determinant to take Dubai offshore to achieve sure success
  • The offshore company provides the privilege and capacity of a natural individual.
  • There is not required any minimum capital amount.
  • Upon allocation, all shares to be paid fully and there are not allowed any differential or bearer classes of shares.
  • Capital deposit in bank not necessary.
  • Director number should minimum be two. Secretary (preferably a UAE resident) probably also the Director of the organization is to be appointed by every offshore company.
  • There is permitted 100 percent foreign ownership
  • Greater flexibility offered to open up corporate bank account at Dubai.
  • Efficient regulatory regime offering complete exemption on duty and taxes.
  • There needs to be appointed registered agent like consultants, auditors, legal firms from approved registered agent list by the company that is maintained by Dubai / JAFZA. To set up Dubai offshore company, a registered and approved agent is Black Swan Business Setup Service.

Why Jebeli Ali Offshore is unique?

In JAFZ (Jebel Ali Free-Zone) is located Offshore domicile
  • DTAA (Double Taxation Avoidance Agreements) are being maintained with 40 countries by Dubai and the UAE.
  • UAE is not dependent upon any other country and also not any overseas territory.
  • Offshore company owners are permitted by the law to hold or own interest in Dubai based properties.

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How to Setup a Business in Oman
Categories Business Setup, How To, Oman

How to Setup a Business in Oman

Oman is a wise choice if you’re planning to start setting up a business. Its many qualities will only make your business cross extensive bridges. The country provides favourable grounds to build upon - such as its well-equipped infrastructure and guarantee of security. Business owners can access many international networks and can enjoy the privileges of being in a tax-free zone. Like in any other Gulf Cooperation Council (GCC) states, one has to adhere to a set of rules and complete necessary formalities to begin the incorporation of a business, regardless of the size and nature of the business.

Here are the steps that need to be followed

Reserving a company name

In order to begin the process and reserve a name for the company, an application needs to be filled and submitted to the Ministry of Commerce and Industry (MCI), while adhering to the Omani Law.

Putting together Incorporation Documents

After reserving the company name and getting it approved, one needs to create the constitutive contract and shareholder documents. This process remains incomplete unless an authorized signatory form and bank certificate are not obtained and submitted to the MCI. Registering with the Omani Chamber of Commerce and Industry Registering with the OCCI ensures that the business will yield to all commercial terms necessary for a corporate in Oman.

Getting Governmental Departments Approval

Keeping in mind the type of business owned, one will have to follow several procedures for approval by the government departments.
  • Tax registration
  • Municipality licence
  • Import/export licence, if required
  • Industrial, environmental and other permits and licenses
  • Registration with the Royal Oman Police
  • Registration with the Ministry of Manpower, to file for labour clearances and visas

Getting a Company Seal

A company seal refers to a logo. Getting a logo designed means having something to represent it by. A logo should incorporate the voice of the company. While all these steps need to be followed, the business owner needs several documents to register a company in Oman: The business owner needs a company registration form, along with valid Ids of all the shareholders. Authorized signatory form needs to be produced with names and signatures, and it needs to be approved. Finally, the company statutes, OCCI affiliation certificate and the certificate proving the initial bank deposit as capital need to be kept in hand. Black Swan Business Setup service can help you in End to End Company formation in Oman You will also be interested on:

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How-to-Start-a-Manufacturing-Business-in-Dubai
Categories Business, Business Setup, dubai, How To

How to Start a Manufacturing Business in Dubai?

How to Start a Manufacturing Business in Dubai?: The UAE is one of the places with better opportunities to open up your manufacturing plant. There are varied benefit s in opening a manufacturing plant in the UAE. The country's manufacturing sector is very vast and diverse, with products to and from the international markets.

Registration Process for manufacturing Business

In order to a new manufacturing company in Dubai which produces new products or transforms raw materials, the following steps are pursued:
  • While setting up a Business in Dubai Mainland, you need a local sponsor who will own 51% of the company's share
  • Selection of your business activity, a crucial step as it affects the type of business license to be procured
  • Getting a trade name with which the company will operate and get it approved by the authorities
  • To obtain authorization from the Ministry of Economy for the project, get a NOC (No Objection Certificate) by drafting an MOA (Memorandum of Association)
  • Locate a well-equipped warehouse for your manufacturing plant and get a tenancy contact and Ejari from the landlord.
  • Approval from Dubai Municipality's Planning division to procure an Industrial license
  • A NOC from Civil Defense
  • Procure any additional approvals E.g. for a food manufacturing company, a NOC from Food Control Authority is mandatory, for chemical products, you need a clearance from the narcotics department, and for jewelry clearance from Dubai Police is a must.
  • Submit all the documents to the Environment Department for Industrial Clearance.
  • After approval, submit the same to the Dubai Department of Economic Development (DED) for registration.
  • You will receive your Industrial License and Certificate of Incorporation.

The Pros of Starting a Manufacturing Business in the UAE

The benefits of starting a manufacturing business in UAE are listed below
  • Infrastructure is far better with fits-all industrial facilities and office rental spaces
  • Factories in free zones are set up with no or minimal taxes
  • Ease of access to markets of Africa and Asia due to the geographical location.

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How to Setup a Start-Up in Dubai
Categories Business Setup, dubai, How To, Startup

How to Setup a Start-Up in Dubai

How to Setup a Start Up in Dubai: Startups are those businesses that are focused on top-end revenue and growth potential of their venture. They provide unique services or products in the market. They are small companies which can fit well in any economy. The startup market in Dubai is one of the most leading hot spots as theories a lot of booming economies there. With the influx of many many young entrepreneurs and women entrepreneurs, the startup market is gaining a lot of traction. Moreover, the new visa system offers 10-year visas for business persons and professionals if they want to start a business in Dubai, therefore it attracts more business. The way to set up a startup in Dubai is the same as starting any business. There are some procedures to follow:

Research the Jurisdiction

There are many zones in Dubai Market - Mainland, Free Zone, and Offshore. Make sure they meet the demands of your business and the activities you want to conduct. Each has different perks and limitations.

Company Structure

To know the correct form of operation of the business, you need to decide the legal form or the company structure for your business at an initial stage before you start the rest of the procedure.

Getting Approval for Name and Activity

One needs to get approval for the name and activity that you want to do from the Department of Economic Development before actually setting up. The activity is also approved at this step and required documentation is distinguished for the process of licensing.

Getting License

Depending on the type of business you can choose the type of license you want to obtain - Commercial License, Professional License, Industrial License and Tourism License.

Registration of the Business

Licensing and Registration are done hand in hand, therefore the entire process is known as the registration process. The Department of Economic Development (DED) usually deals with giving trade licenses to businesses to conduct business-related activities.

Local Sponsor/Partner

One of the rules of incorporation of a business as default is having a local sponsor who can either be a percentage partner or is strictly involved only as a person to authorize documentation. There can be a leeway in Freezone companies in this regard.

Getting External Approvals

Sometimes approval from DED alone is not enough and requires approvals from other bodies, governmental as well as non-governmental bodies. For instance, companies may require getting approvals from the municipality, banks, embassies, etc.

Drafting an MOA

Ensuring to take expert advice is crucial because a lot of details can’t be changed and they need to be made in a way that they comply with all business regulations.

Renting Office and Getting Tenancy

There are some restrictions and rules for the amount of office space required in some areas of jurisdiction. A tenancy contract must be acquired before getting the business license.

Getting the Business License

After the entire procedure is over and several documents are submitted - Memorandum of Association, the License Application, the attested LLC agreement, governmental forms, name reservation certificate, initial approval certificate, external departments approval, tenancy contract, registration certificate, passport copies partners, NOC for partners (if any) or any other specifications as per your business demands - one will have to pay the necessary fee and get the license from DED.

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