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Category Archives: Tips

Becoming an Entrepreneur in Dubai

Becoming an Entrepreneur in Dubai

Dubai is a great place for entrepreneurs and startups. It has accelerators that strategically design opportunities for companies as there are numerous advantages when registering your company in Dubai. Being the wealthiest city within the Gulf Cooperation Council, Dubai serves perfect for any sized business.

What suits Dubai to be best for your company?

The attractive location of the Middle East along with the wide benefits catering to the startup circle are some of the perks that Dubai has to offer. Some of the other benefits are: The entrepreneurs have solid ideas to drive and execute for joining the economic growth of the country. The competition is fierce as Dubai is the ideal place for many people.

How to be an entrepreneur in Dubai

Few of the top nominated skills every future entrepreneur have to keep in mind:

Sales, Networking and Relations

  The company vision, mission and goals are the basic guidelines for every company formation that seems important, the longevity of any organization is their sales. Big time entrepreneurs and investors just believe in one motto: Defining that "Sales Cures All". You can invest time in networking and building relationship pipelines to keep your organization alive and healthy.

Stay dedicated, focused, and adhere to the business plan

Entrepreneurs drift off their business plan and replicate the pre-existing business model by assumption. It may be because the business model worked for another company that could yield similar results. However, that is not the case. Stay focused and be patient when things start to drift downhill, as it’s the way of the market. Situations deteriorate in off-seasons and maintaining a focused, sustainable business plan path is the key to overcome. The key is staying focused, crunching your budgets and expanding your reach.

Work Smart and Hard

Working hard to maintain the hours is the key; running your show won't clock out at the end of the day. In free time and time off the clock, you must be dedicated to networking that leads you closer to a deal. This would include weekends and nights. Working hard alone is not all it takes; being SMART is equally important. Be Specific: The objectives need to be specific and described positively to the public. Attainable: Attractiveness serves as key to the team and to your clients; be attainable most of the time. Being Measurable: Every goal and achievement should be measurable. Being Realistic: Not only you do offer service, hence be realistic and up to date, watch out for competition at all times. Be Time-Bound: How can we measure profit when tasks are not timed? Tasks can be monitored and timing makes all the difference in winning. To build a sustainable, homegrown business is desired by banks, investors, clients and customers. It’s not only the ideas that make organizations the “best”; instead the execution of building a reputable and honest brand image. This can be hard, but remain focused on your goals, be open to ideas from employees that help your organization grow and also respect your competitors. Implementing these behaviors in your company gives you every chance to lead within your industry. Looking for Business setup company in Dubai ? Black Swan Can help you in End to End business setup process in Dubai. Request a quote or a call back today.
Business Setup Process in Dubai South Free Zone

Business Setup Process in Dubai South Free Zone

Dubai South Company Registration : Business Setup Process in Dubai South Free Zone You are likely to come across an ideal ecosystem here at Dubai South Free-Zone, where you can actually set up your business and enjoy saving significant money and time. One cost effective option to initiate start-up internationally and in the UAE is Dubai South Zone, as its fast developing economy does help you to reap in its advantages. Similar to other free zones, the procedure to be followed is very much the same. However, regulations pertaining to submission of necessary documents vary. Application submission with valid legal documents: Application form is to be collected from the free-zone authorities. It can also be applied online. Once done, all essential documents that are mentioned clearly in the form are to be submitted. Activity and Name Approval: Proposed name of the company is to relate clearly with the intended business activities and is not to resemble any other existing names. Moreover, there should be obtained NOC (No Objection Certificate) for those activities which may need external approval. Invoice Issuance & Company Registration: Your company is to be duly registered in the portal, only after approval of the documents is completed. Then you are provided with an invoice which states payment of dues, if any. Fees need to be paid at the counter and there is some waiting time to obtain the license. To obtain Dubai Free-Zone license, there needs to be paid an annual fee of around AED 3,000 to 7,000, which varies significantly, depending upon the nature of the business and its activities. Sign & Collect License, Registration Certificate and Lease (if an office is rented): Approval form is to be duly signed. License and other essential documents are to be collected. If an office is being rented for the business, then lease agreement will also be required. See all License type provided by Dubai south free zone Black Swan Business Setup service can help you in entire business setup & company formation process in Dubai South Free Zone. Talk to our experts Today.

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HOW TO SETUP A BEAUTY SALON BUSINESS IN DUBAI

How to Setup a Beauty Salon Business in Dubai ?

Today’s corporate culture and modern lifestyle demands a well-groomed look. In UAE, many investors realize that beauty industry has much potential and are willing to invest in it. As the standard of living is going up, people are prioritizing their personal grooming and hence starting a salon business can do extremely well in the city. Opening a beauty salon in Dubai can be your key for a successful business.

Starting a Beauty Salon in Dubai - The process

A beauty salon in Dubai Mainland can be more profitable than in a free zone. Before starting any business, you should register with the Department of Economic Development (DED) as it is the regulatory body in Dubai Mainland and their steps include:
  • Submit the passport & visa copies of the investing partners.
  • Decide the name of your beauty salon & submit it to the DED to get it approved
  • After approval from the DED, draft and sign the Memorandum of Association or get it done by a Local Service Agent
  • Rent a salon shop as per the requisite infrastructure standards of the DED and make an agreement with the tenant
  • Obtain the tenancy contract along with the Ejari number
  • Now you should get approval from the Dubai Municipality Planning Section
  • Get approval from the Health and Safety Division of the Dubai Municipality
  • Submit all the above documents to the DED and get your license
It takes 2-4 weeks to get through all these steps & once you get the license approval from the DED, you can start your own beauty salon in Dubai.

Beauty Salon in Dubai- Requirements for License & approval

  • Approval of location by the Dubai Municipality planning department
  • A sign board in front of the beauty salon
  • Sufficient lighting, clean and proper furniture.
  • Dressing chairs should meet the specific size of 3.0m wide x 3.5m length and strictly must not be less than that
  • More than 2.30m height between the ceiling and the floor of the beauty salon
  • Separate areas more than 2.50m x 1.50m with proper partition designated for beauty treatments like Pedicure, Manicure, Hair removal, and Henna design
  • A wash basin near the area for facial treatments
  • Preparation area for hair removing materials must be made of Fireproof materials
  • A water heater
  • Cupboards and drawers to keep cosmetics and towels

Types of Beauty Salon Licence in Dubai - UAE

Two types of Licence is available for beauty salons in Dubai - UAE Women's Beauty Salon Licence : It comes under Professional License type, The Activity group come under “Ladies Salon” and its activity code is 930203 Gents Salon Licence : It comes under Professional License type, The Activity group come under “Gents Salon” and its activity code is 930201 Not sure how to start your own beauty salon in Dubai? You can always get help from a professional consultant like Black Swan Business Setup Service LLC, a reputed name in company setup in Dubai. Our team will study your requirements and cater to your needs. Contact us today!

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how to start a construction-company in dubai

How to Start a Construction Company in Dubai

Setting up of Construction Company in Dubai is a Great Idea. Dubai is a land of opportunities! It has witnessed an immense growth and its skyline is dotted with eye-catching buildings including the tallest building in the world - the Burj Khalifa! As Dubai is racing ahead with a rising GDP, tax-free environment and a high standard of living, there is ample scope for many flexible business opportunities. Many new mega building projects are coming up in Dubai along with the economic boom and there is no better time than now to start a construction business in Dubai!

Steps for Construction Business Setup in Dubai

  1. Step 1: Determine whether you want to go for a company formation in Mainland or in the Free Zone.
  2. Step 2: Apply for registration at the Department of Economic Development (DED). A commercial license is required as construction business comes in the commercial sector category,  Read More
View all steps : https://bss.blackswanbss.com/construction-company-setup-in-dubai/
Business Setup in Dubai Mainland A guide

Business Setup in Dubai Mainland – A guide

Dubai Mainland Company Formation Business Setup in Dubai Mainland: Dubai - the business paradise offers a best environment for starting a business! The facilities like a world-class infrastructure, multi-lingual talented workforce & reliable connectivity are stimulants to start a business here. Apart from that, Dubai also offers a cosmopolitan culture, innovative workspaces and many Government incentives for investors.

Why should you start a Company in Dubai Mainland?

The Dubai Economic Department DED has permitted Dubai Mainland as the total geographical area to operate commercial business functions to all the private business entities and their representatives. It covers prime locations where a foreign business owner can operate like international chains of food, luxury goods, car makers, etc. The UAE Business Incorporation laws state that if the business setup is in Mainland a foreign investor can hold only up to 49% of the business, and a UAE national mandatorily holds 51% of total equity except in the following cases:
  1. Businesses located in Free Zones
  2. Activities with 100% GCC ownership
  3. Instances where GCC companies enter into a partnership with UAE National
  4. Where the law requires 100% local ownership

The mainland business opportunities jurisdictions are in:

Sheikh Zayed Road

The development corridor of the city of Dubai with a very prominent skyline. It is home to some of the world’s largest ventures, international companies, and businesses.
Al Karama, Bur Dubai, and Deira
Acclaimed for tourist destinations, residential complexes, historic venues, Gold souk, real estate, and wholesale businesses, these three areas are located in the older parts of Dubai.
Business Bay
If you are starting up a business venture in Dubai in the financial sector, professional consultancy, retail industry, hospitality and more, you will need infrastructural assistance. Business Bay situated in the central business district, is the perfect choice as it is responsible for creating multiple business setup centers.
Al Quoz
One amongst the futuristic commercial hubs of Dubai, Al Quoz has the advantage of providing warehouse and industrial options closer to the city. This Al Quoz area has four divisions like factories, industrial setups, warehouses and other locations. Al Quoz also has shopping centers, malls, and labor accommodation zones.
Al Qusais
This area is known for residential areas and industrial zones. Also considered as the best area to house large scale medical centers and educational institutes.
Jumeirah
The coastal part of the Dubai city, Jumeirah is one of the most developed hubs of residential areas and lavish business development units. You can find luxurious accommodation, real estate, and hospitality projects here.

Setting up a business in Dubai Mainland - Advantages

  1. Zero Taxation- No corporate or personal tax
  2. Recruitment no restrictions
  3. Easy recruitment process
  4. Getting employment Visas, no limitation
  5. Minimum capital requirement limited restrictions.
  6. No yearly auditing
  7. Processing legal documents, no restrictions
  8. Import duty very low
  9. Getting affordable office space anywhere with flexible rent or lease easy
Get in touch with us at Blackswan Business Setup Services for professional guidance to start your business. As registered agents, we provide complete package solutions on company formation, Free Zone, PRO, VAT registration, setup, visa, bookkeeping, Bank Account, Attestation , Legal Translation , Trademark , secretarial service etc. in Dubai Mainland area. Contact us today.

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COMPANY SET-UP IN A DUBAI FREE ZONE – THE ADVANTAGES

Company set-up in a Dubai Free Zone – The Advantages

Dubai remains the haven of foreign investors due to its tax facilities and ultra modern business infrastructure available. As one of the most desirable investing destinations for foreign enterprisers, Dubai has attracted investors by the hordes with its free zones  and the advantages these offer. Company formation in Dubai is quite easy if one knows the right steps to complete the business registration. But it must be noted that to set up a company in a Dubai free zone, you will need the assistance of local firms.

Dubai’s free zones

Dubai has the largest number of free zones but there is no dearth to several free zones in other emirates in the UAE. Wherever be their physical location, all free zones offer the same advantages. The free zones in Dubai that attract most investors are the Dubai International Financial Centre (DIFC), Dubai Internet City and Dubai Maritime City,.

Why open a company in a Dubai free zone?

Opening a company in a Dubai free zone has many advantages when compared to onshore companies as a local partner is not needed & full foreign ownership is allowed. There are also corporate tax exemptions over a period of 50 years. Each free zone is governed by its own authority issuing and enforcing the local legislation. Depending on the Dubai free zone to register the company, investors must apply for business licenses related to the industry they want to operate in. Filing the incorporation and licensing documents is part of the same process here. If you want to set up a company in a specific free zone in the Emirate, do get in touch with our representatives who will assist you.

Benefits & Advantages of Business setup in Dubai Free Zone

  • 100% possession without the help of UAE sponsor
  • No restriction on currency movements
  • Faster licensing & business set-up
  • Cost of start-up and operational is low
  • Personal income tax Exemption
  • No visa restrictions for accomplishment with liberal labour laws
  • Pre-built structures- offices, warehouses & factories
  • Sponsorship, on-site housing and labour assistance Support
  • Accessible to air, rail and road transport
  • Minimal Import/Export duty
  • Flexible & Attractive working environment
  • 24/7 operational ability
  • Access to skilled professionals
  • Transparent laws & regulations
  • Sophisticated IT infrastructure with world class data centre
  • Zero % corporate tax
  • Business support services with quick & efficient operations
  • Single window clearances for administrative services
  • Full-fledged infrastructure with efficient communication system

List of Documents Required For a business license in Dubai Free Zone:

  • Color copy of shareholder(s)’ passport and visa, if applicable
  • Application form
  • Memorandum and Articles of Association (MAA)
  • Business plan
  • Board resolution

List of Documents Required For opening a UAE corporate bank account:

  • Certificate of company’s incorporation
  • Company Trade Licence;
  • Company’s Memorandum & Articles of Association (MAA)
  • Passport copies for shareholders & authorized signatories.
  • A corporate account opening form
  • Share certificate copy
  • List of Free Zones in Dubai

List of Free Zones in Dubai - UAE

Dubai has more than 35 free zones which offers a wide range of world class facility for company formation:
  • Dubai Internet City (DIC)
  • Dubai Design District
  • Dubai Academic City
  • Dubai Biotechnology & Research Park (DuBiotech)
  • Dubai Knowledge Village
  • Meydan Free Zone
  • Dubai Industrial City (DIC)
  • Dubai Airport Free Zone Authority (DAFZA)
  • Dubai Healthcare City
  • Jebel Ali Free Zone
  • Dubai World Trade Center Free Zone
  • Dubai Media City
  • International Media Production Zone
  • Dubai Techno Park
  • Dubai International Financial Centre
  • Dubai Multi Commodities Centre or Jumeirah Lakes Towers Free Zone
  • International Humanitarian City
  • Dubai South Free Zone
  • Dubai Logistics City
  • Dubai Creative Clusters Authority (Dubai Technology and Media Free Zone Authority)
  • Dubai Outsource Zone
  • Dubai International Academic City
  • Dubai Car and Automotive City Free Zone (DUCAMZ)
  • Dubai Flower Centre
  • Economic Zones World
  • International Humanitarian City
  • Dubai Maritime City
  • Dubai Silicon Oasis
  • Dubai Gold and Diamond Park
  • Dubai Studio City

Types of Licenses Available in Dubai Free Zone for Business Setup

  1. Trading License
  2. Service Licence
  3. General Trading Activities
  4. Industrial License
Need help in setting up of business in Dubai Free Zone ? Call us Today on +971-563848204 / +971-522447757

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Is a local partner mandatory to start a business in the UAE?

Is a local partner mandatory to start a business in the UAE?

In Dubai & the rest of the UAE it is legally required to have a local partner (UAE national) for entrepreneurs and SMEs looking to invest in a Mainland company or LLC company for the first time. The local partner should hold the majority interest (51% shares) and maintain a controlling stake in the business for all activities that come under commercial or industrial licenses. This type of business start-up with a local partner is called a local LLC. Nevertheless, in the UAE, entrepreneurs and investors who apply for a professional services license have a simple way of getting complete ownership of the business. You only need a national service agent (NSA) who is fundamentally a local sponsor who does not have ownership but should be paid some sort of fixed-payment often as an annual fee in such cases. Registering your company in one of the free zones in the UAE is yet another option and here there is no necessity for NSA. Black Swan is your preferred choice to help in setting up business in UAE, Oman, Mauritius and UK . We can support you in all types of company registrations here and we make it easy for you to start your company. You need not worry about business start-up in a free zone. We at Black Swan, Help you in connection with the best sponsor or Partner in the UAE.

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How to set up a Boutique Business or a Shop in Dubai

How to set up a Boutique Business or a Shop in Dubai

Dubai, the fashion hub in the Middle East hosts several shopping festivals around the year. With more & more people getting fashion conscious, setting up a boutique business or a retail shop in Dubai can be a great business idea.
To open a shop in Dubai, the Department of Economic Development DED has a well-defined process.

Requirements Boutique Shop/Business

Getting local support - After you have organised your business plan to set up your boutique in Dubai try to rope in a UAE national to support the business plan. It is mandatory in Dubai as well as other parts of UAE, to start a business with a UAE local partner, who owns not less than 51% share in the company. This is effective unless you sign an investors protected contract or start a business in a freezone. Business License and Registration - Apply to the DED to get permissions to open a shop in Dubai under a mainland jurisdiction. Business Jurisdiction - You may need to follow a proper shareholding structure as all retail or boutique shops are also scrutinized on the terms of jurisdiction. Rent Shop premises - Find the right location to rent for your shop. For this you need permissions from Dubai Municipality and the related bodies. Paper work & PRO - Much paperwork is required for, certification, visas and permissions from various entities considering the shareholding structure and the jurisdiction of your boutique business. Be it for a branded and high-end fashion clothes or regular garments boutique, you need to fulfill the DED criteria.

The process of Starting Boutique in Dubai

  1. Submit copies of your passport and visit visa. Read more 

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