uae Archives - Page 2 of 7

Procedure For Business Setup in Dubai Gold And Diamond Park Free Zone

4May2022

Business, Business License, Business Setup, dubai, Free Zone, uae

Procedure For Business Setup in Dubai Gold and Diamond Park Free Zone

The protocol to start a gold and diamond business in Dubai Gold And Diamond Park Free Zone is similar to other Free Zone domains in Dubai. The documents and formalities needed for business setup in Dubai Gold & Diamond Park Free Zone depends on the business licenses you opt in Dubai. Business that come in jurisdiction is Free Zone Establishment (FZC), Free Zone Company (FZC), or branch office of an international or domestic firm. The basic structure and shareholders number required are unique to the company you form.

Dubai Gold And Diamond Park Free Zone Business Setup has several steps

Identify the company type you like to set up in the free zone.
Register the trade name of the entity. The business name must be as per the naming guidelines offered by the authority.
Getting initial approval for business activities.
Extra permissions and approvals.
Application submission with required documents for the company's incorporation.
Full-fledged business activities commenced after the incorporation of the business setup in DGDP.

Documents Needed For A Business Setup In DGDP

Shareholders passport copies.
Board resolution to establish business in Dubai Gold and Diamond Park. Business Setup Free Zone.
Resume and passport of designated manager.
Article of Association.
Memorandum of Association.
Lease/ rent agreement of the commercial space or office.
Power of attorney if a business setup services like Black Swan aids you in the company formation in DGDP.
Documents of business registration and company license of the parent company like the representative office or a branch office.

Permitted Activities In DGDP

Legal activities that relate to diamond, gold and precious metals are pursued in DGDP. Many elite business entities of diamond and gold business have their branch in DGDP.

Trading Diamond & Gold

All types of trading like diamond, gold, and jewelry that are made with stones and precious metals.

Ornaments Manufacturing

You can open a manufacturing business setup in DGDP for diamond and gold ornaments.

Retail Business

Firms will conduct retail sales and purchase materials and products.

Professional Services

Individuals who are experienced in this sector extend their professional services after getting their professional license.

How to Get a General Trading License in Dubai

27Apr2022

dubai, License, uae

How to Get a General Trading License in Dubai

Are you surfing over the internet to get a trade license in Dubai? You've come to the right place. We'll guide you with the procedure to get a general trading license in Dubai. Dubai is the important trading hub of the Arab region. Dubai’s strategic location offers benefits over other European and Asian trading destinations. Due to this benefit, the region has had significant growth in retail, logistics and trade in the past. The inexpensive energy, infrastructure facilities and the flawless communication systems present Dubai. It is the preferred trading destination of international businesses and traders. The well-equipped airport and seaport facilities having impeccable cargo-handling capabilities make Dubai the international cargo hub.

Obtain Your Trading License In Dubai

Businesses that wish to conduct trading of goods and commodities must acquire a general trading license in the United Arab Emirates. Here you'll find the complete steps to get a general trading license in Dubai. Businesses require the general trading license who likes to engage in more trading activities. It means the activities can belong to different industries. Many activities require the single general trading license to operate in the United Arab Emirates. Some activities are toy trade or furniture, trading of jewelry, electronic items, spare parts, exports and imports as well. Wholesale trading companies need a valid General Trading license to operate in the UAE. Some restrictions are suitable in trading products like beverages and tobacco. For trading these restricted products, businesses must get an external approval from its competent authority. You must set up a trading company in the UAE's free zone or mainland. The drawbacks and benefits vary with the jurisdiction. So, the investor must determine the jurisdiction from which they have to apply for a trade license.

Documents Needed For Issuance Of General Trading License

Business Managers' signature in the application.
Attested copy of business name approved from the DED.
MOA.
Copy of partner's passport.

Instructions To Get A General Trading License In Dubai

Instructions are given in a brief manner.

Determine the suitable trade name for your trading.
Assign a legal form.
Business activities are finalized that are to be listed in the license.
Get the initial approval.
Duly fill the application and submit.
Restricted activities need external approvals.
If trading activity requires additional approval, get them.
Submit all the required documents.
Find a location that is apt for your trading.
Prepare and attest the tenancy agreement.
File the Final License form at DED.
Pay the license fee.

Validity & Renewal Of General Trading License

Validity for the General Trading License is for 1 year. You must renew the license if it expires. For renewal, you must submit the expired license with proof to get approval from DED. The validity for renewed license is 5 years.

General Trading License Cost (Dubai)

The license cost around AED 40,000.

Benefits On Getting A General Trading License (UAE)

Exempted from tax- the license owner is exempted from tax.
Repatriation benefits- the business has complete reports assets and profits.
Uncomplicated formalities- the license issuance formalities are direct and easy. It is accomplished within 10 days.
Multiple visa benefits- the license grants multiple visas for the workers or staff of the license holder. Employee visa issued depends on the area of the office space. More the area, the more the number of visas issued.
Exempted from annual auditing- the license holder is not required to submit the annual auditing report.
Enhanced possibilities of trading- traders like to exploit their market to the fullest. The license holder can conduct a national, local and worldwide trade to get a General Trading license in United Arab Emirates.
Sponsoring visas- Visa sponsorship is available for the dependants of a license holder.

To acquire the general trading license in UAE or Dubai, it offers a lucrative opportunity for investors and traders. It provides the reliable platform to get more revenue in business expansion. We at Black Swan perform all procedures to get a license and related business setup in UAE and Dubai. Get in touch with us for the best plans and packages. Related Links

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26Apr2022

company, company formation, dubai, uae

Subsidiary Company in Dubai

Dubai is one of the important Emirate in the UAE’s trading network. It is the host to major companies and corporate organizations that operate in various spheres of business. Legislation of Dubai’s government permits free trade and this makes Dubai the attractive Emirates for foreign and local investors in the UAE. Investors can open free zones and onshore companies in Dubai. Many foreign companies establish their presence in Dubai by setting up a subsidiary company or a branch office in Dubai. The subsidiary and branch office differs because of its autonomy in business operations, while the branch office is tied with the parent company. Subsidiary operates independently and branch office depends on the guidelines of a parent company.

Steps To Register A Subsidiary In Dubai

Based on the government of Dubai regulations, companies that conduct business in Dubai have to register with the DED (Department Of Economic Development). You have to appoint a local agent to establish a subsidiary in Dubai, who'll handle the registration procedure in Dubai and offer relevant advice to their foreign investors. We've a team of experts in Dubai's company registration to help you with the setup process. As per the Dubai Company Law, foreign companies can register their subsidiaries in Dubai under the LLC. Here are the steps to follow if registering a subsidiary in Dubai.

Company name reservation
Get approvals for business activities from DED in Dubai.
Notarize and draft the articles & MOA for the subsidiary in Dubai.
Submit the relevant information of directors or shareholders to the DED.

On completion of the registration of the subsidiary in Dubai, the investor has to apply for a business trading license with Dubai’s Chamber of Commerce and Industry.

Get A Trading License For Subsidiary In Dubai

A few information and documents must be submitted to the Dubai's Chamber of Commerce to get the trading license for the subsidiary in Dubai. Some are:

Copy of Articles & MOA for the subsidiary in Dubai.
Trading license application form.
Name approval letter from DED in Dubai.
Passport copies of directors or shareholders.

Subsidiaries in Dubai need to get clearance from the Dubai’s Municipality Building Department. It is because the subsidiary must have their company's registered office in Dubai. Consult our specialists at Black Swan to get the information regarding your trade license availability to set up the subsidiaries in Dubai.

How to Start Lifestyle Consultancy in Dubai

25Apr2022

Business, Business License, Business Setup, dubai, How To, uae

How to Start Lifestyle Consultancy Business in Dubai

After the pandemic, people have shifted their attention towards mindful living. This results in increased opportunities among 'lifestyle consultants'. Consultants help clients to manage fitness, style, relationships, nutrition, and many more. They focus on the lifestyle of the clients and guide them to make positive changes and align them with their goals. This new industry is a lucrative opportunity for people who like to start a business in the United Arab Emirates. The United Arab Emirates has 90% of foreign individuals in their country. It has a unique landscape of people with a diverse portfolio of different individuals and lifestyles, making the diverse market to get better. Here, you'll explore how to start your lifestyle consultancy business in Dubai.

Choose Your Company Name

After choosing your business activity, you must select a name for your business. It is important because the name of the business represents your brand. The name you choose must adhere to the rules of UAE authorities and must not be offensive.

Select Your Location in Dubai

You must choose the suitable location for your business. Mainland and free zones are the two main locations you can select from. It has its own advantages and perks. Mainland locations provide direct access to markets while free zone locations offer ease in business setup, low financial costs, diverse licensing perks, easy applications, and many more. Choosing a suitable location will seal your deal to turn your business dream to reality.

Business' Legal Structures

A legal structure your business undertakes depends on the location you choose. Mainland business can access LLC legal structure allowing for sole proprietorship, or partnerships. Free zones offer 100% ownership to the entrepreneurs regardless of business activity and nationality. You can register the company as a Free Zone Company (FZC), or a Free Zone Establishment (FZE). FZCs need two shareholders or more and FZEs require one shareholder.

Trade License Application in Dubai

You must acquire a license if starting the lifestyle consultancy business. The trade license allows its holder to engage in the business activities in the United Arab Emirates. This document is necessary for every entrepreneur. You should apply for a consultancy license and specify as lifestyle coaching for your lifestyle consultancy business. To apply for the license normally, you should submit your documents to the particular Emirati government authority. For a free zone, you must submit your documents to the specific free zone authority.

Documentation & Paperwork to setup Business

This is a vital step to make your business to run smoothly. Every entrepreneur and firm must abide by the laws and regulations of the UAE. After this step, you're legally permitted to commence operations. Black Swan can help you in Business setup service in Dubai. Call / Whatsapp +971 56 219 3732 / +971 4240 6939 or Fill up the form below to get an affordable business license in Dubai. Related Links:

how to setup forex trading company in dubai

20Apr2022

Business, company, dubai, How To, uae

How to Setup a Forex Trading Company in Dubai

Stock market is an active and dynamic industry for starting a forex trading company in Dubai. People around the world trade in various sectors. It's the largest market in the world which involves daily trading volume. Dubai stands out due to its business-friendly environment and well-developed financial system. You can open a forex trading company setup in Dubai on the mainland or in the free zone (DIFC).

Set Up A Forex Trading Company (Dubai)

If you like to enter the forex trading industry, here are the steps to guide you:

Analyze The Market

Usually people don't analyze the market in-depth. Before any step, you must know the pros and cons involved in the forex trading business. Now the digital revolution makes it easier. You can research and contact the right forex broker, they'll help you understand the aspects of forex trading. The experience you have will determine the needs. If you have a previous experience in the stock market, you can go for advanced platforms which offer forex trading api or service. When you're a beginner, you can stick to a simple trading platform. You should evaluate before you set up the forex trading company.

Choose A Broker

Get to know whether the broker is regulated under a government agency. Enquire if the broker functions as the market maker or uses the electronic communication network. The elements to consider are the margin, broker, demo account, narrow dealing spreads, educational resources, trading platform offered, customer service, and educational resources.

Obtain A Foreign Trading License In Dubai

Solicit the license to open the forex trading companies from Dubai Financial Service Authority. This has the independent legal procedure that monitors the trading of commodities exchange, and international equities in the United Arab Emirates. When you pass the credibility test, you'll get a license to run your forex trading company.

Open A Trading Account

You can now begin the forex trading with the live-funded account. Set an easy trading plan and stick on with it. You must hire a local business consultant to open your forex trading company. The value insights can make you understand the market, get the business license and set your forex trading company in the United Arab Emirates.

Advantages Of Starting A Forex Trading Company In Dubai

Like other businesses, forex trading is profitable in Dubai. Here are the advantages:

You can trade from anywhere, at any time and earn profits. You just need a smartphone or a computer with proper internet connection to trade. Forex trading is manageable with high liquidity, minimal risk, and low transaction cost.
You get zero percent tax policy in the UAE. It allows you to earn extra revenue and helps you to establish a trading company.
It is easy to set up a forex trading company in Dubai. People get skeptical to invest in exchange market. But with secured and regulated by Dubai Financial Service Authority, the investors can trade in foreign exchange.

Tags : Business Setup in Dubai, eCommerce Licence in Dubai, Trade Licence in Dubai, Freelance licence in Dubai, Professional Licence in Dubai

How to Setup Physiotherapy Clinic in Dubai

18Apr2022

Business, Business Setup, dubai, uae

How to Setup Physiotherapy Clinic in Dubai

The UAE is known for its healthcare facilities. They have advanced medical and healthcare technologies for people across the globe. It is one of the promising sectors, when it comes to investing in industry. Dubai offers prime medical services in public or private healthcare systems. It allows foreign investors to wonder how to start a Physiotherapy Clinic business in Dubai. It is challenging to own a physiotherapy clinic as a physiotherapist, since you redesign the career as Professional Therapist, while being an entrepreneur. To start and manage your clinic comes with risks and responsibilities. But with many years of business plan and practice, you'll find it easy to startup your own clinic. Getting new patients and repeated customers can be a major benefit for your physiotherapy clinic. Here's how to consider the planning for your physiotherapy business. To set up a clinic, hospitals in Dubai or healthcare business setup in Dubai, the Dubai Healthcare City will empower you with it. Let's take a look at the healthcare business setup in Dubai and the ways to obtain a private Physiotherapy Clinic license in Dubai. Many advantages are present to set up any Physiotherapy Clinic in Dubai. Being the business friendly environment and exempted for tax, the benefits of healthcare business in Dubai are:

100% foreign ownership
Zero corporate taxes or income tax
No customs duties for services and goods
Vast range of real estate solutions
Get opportunity to collaborate

Private hospitals and clinics are the preferred choice to get individual care and quality services. The population of Dubai is specific in getting quality education, lifestyle, medical facilities, and career, and the healthcare business setup in Dubai gets increased profits.

Process To Start The Physiotherapy Hospital/ Clinic In Dubai

Fix the business type or legal entity. It may be the LLC or branch.
Choose a name and get them legally registered.
The copy of a business plan and documents must be submitted to the free zone authority.
Get a board resolution of shareholders.
MOA must be signed by shareholders and submitted.
Obtain a signed legal agreement at the HDCC office
A private clinic license must be applied in Dubai
Pay the fees once your business plan and application gets approved.

Documents Needed To Get A Dubai's Private Physiotherapy Clinic License

Proof of trade name reservation.
Initial approval for activities' certificate.
Manager and shareholders passport copies.
Manager's resume copy.
Documents of personal information of manager and shareholder.
Proof of lease agreement.
Notarized MOA.
Power of attorney to appoint a business advisor.
Get Articles Of Association from UAE Embassy.
Physical address of medical facility.

12Apr2022

Business, company, dubai, uae

Oil & Gas Company Setup in Dubai

The United Arab Emirates has one of the huge oil and gas industries across the world. It is one of the core elements of the UAE’S national economy. Some years back, the UAE economy was dependent on traditional activities such as fishery, pearl fishing, and date palm plantations. The economic sector has totally transformed, after the opening of the first oil industry. The oil industries' products generate revenue through the export of raw materials. The oil and gas industry plays an essential part to the UAE with a high amount of per capita income. It must be noted that UAE's government carries the active diversification of the national economy. The products and assets that come from the oil and gas sector are invested in trade, manufacturing industry agriculture, tourism, and social sectors to enhance the economy of the country. Therefore, the oil and gas industries in the United Arab Emirates made it possible to develop a well-developed infrastructure along with sci-fi technology to attract many foreign investors every year.

Oil and Gas Industry in Dubai

A well-equipped machinery with a system of pipelines connects port terminals, refineries, and field facilities to extract oil. This was originally developed by the United Arab Emirates. Piping system provides an effective operation for all the companies involved in the gas sector, where a gas pipeline connects the Emirates and Qatar. Large portions of oil are produced in the UAE region and are exported throughout the world. Multiple ways are carried out to export the oil and gasoline products. Shipping terminals are supplied with alluring infrastructure and new equipment. It is transported to ships and oil tankers, to South Korea, Thailand, Japan, USA, Western Europe and many more. Natural gas is the resource to produce electric energy. Continuous fuel consumption over natural gas production creates scarcity. With continuous population growth, the government increases the volumes of the produced gas, and promotes the new alternative energy sources. Now the natural gas in Emirates, is used to produce electrical energy and also to produce oil and desalination of water resources. The gas production in the United Arab Emirates is of high cost and is in demand throughout the world. There are few difficulties in extracting and producing volumes annually. Through constant improving networks of connecting pipelines and developing modern technical well equipped plants in UAE and abroad gives a major proportion towards the economy and increases the GDP.

17Mar2022

Business, Business License, Business Setup, company formation, dubai, License, uae

Business Setup Department of Economic Development- Dubai

DED is the government entity to issue licenses for individuals or corporate entities to carry the business in Dubai's mainland outside of the free zones. A local company also known as the DED licensed enterprise. The Department of Economic Development acts as the one-window service centre for local companies. For SME's, to get a local license in Dubai can act as the preferred option for opening an office anywhere. Some business activities have no choice but to open the locally licensed company. Unlike a free zone, a company cannot own 100% of the company as it needs a local sponsor or the local service agent as per the activity you'll choose.

DED Dubai License

When you don't have full ownership of your company, it pushes the foreign investors to set up a free zone company. A professional business incorporator can maximize your business and minimize the risks. We provide invaluable experience and expert insights in Dubai trade license acquisition. The business setup consultants offer guidance, in-depth consultancy, assists entrepreneurs and foreign companies to establish a local presence in the United Arab Emirates. We've teamed up with the dependable local company incorporators at Dubai to offer solutions to our clients. We facilitate cost-effective trade license acquisition with our experienced business consultants and with our knowledge of the application process. We prepare documents for your application with certified and deemed UAE rules and regulations. Our team carries the document submission, lease application, and fee payments for businesses to get approval from the DED.

DED Dubai Company Formation

Our team takes care of the paper processing, so clients can create business strategies, plan for the future and prepare for challenges. Our efficient service can make the client benefit from a hassle-free and value driven process, allowing business to hit the ground. We take away the stress of processing applications and facilitate the payment to government agencies. Choose any of the licenses for business and we can offer your application underway: Commercial- issued to those who engage in trading. Industrial- issued to those who are engaged in industrial activity. Professional- issued to individuals who can create crafts, artisanal works, or professional services

14Mar2022

Business, Business Setup, dubai, restaurant, uae, Video

Restaurant License in Dubai Restaurant Business Registration in Dubai UAE

Restaurant License in Dubai Restaurant Business Registration in Dubai UAE Planning to Setup Restaurant or Food Business in Dubai ? Get free consultation Call or WhatsApp +971-50 509 1451/ +971-42406939