uae Archives - Page 6 of 7

29Sep2021

How to Start a Catering & Food Delivery Service Business in Dubai, UAE?

Catering has long been a big business in the UAE due to the thriving tourism sector and affluent community. Dubai is at the centre of this market either to dine in or order and take off or grab a bite from one of the food trucks. There is a huge demand for great food, though there is a new restaurant popping up on every corner. Working with a local expert, will never make it easy to start a catering or food delivery service business in Dubai. you can be up and running in no time if you do your homework and know what to expect.

How To Start A Catering Business In Dubai

It is a little different to start a catering business in Dubai. A few more requirements in terms of food hygiene and safety have to be met in order to obtain your catering business license. All process is briefed under following steps:

Step 1: Choose Your Business Activity

Business license must contain the list of business activities, or activities. At the time of applying for the license, every activity that applies to your business should be enlisted. For example, in the catering business, the list should have food delivery, food truck, café etc.

Step 2: Choosing Your Company Name

The time consuming step of business incorporation in Dubai is the process of choosing your company name. UAE has put forth a defined naming convention that has to be in mind before selecting a name that’s catchy and captures the essence of your business. The company name should not contain any hateful or offensive language, any references to renowned institutions or any abbreviations of your name. But full names can be used.

Step 3: Setting Up In A Free Zone Or The Mainland

The type of setup you require is the next key step in starting your business. The two common options in the UAE are free zones and the mainland. Both have pros and cons with differences. You can trade directly with the local market without a distributor or local agent, if you choose a mainland setup. In a free zone you cannot do that though you get exemptions from customs tax and other financial incentives.

Step 4: Applying For Your License

Applying for your trade license is the most important step. depending on the nature of your catering business and the location of setup, the license application process differs. You can make your application for a license directly to the Dubai Department of Economic Development, if you’re setting up in the mainland. You should apply directly to the managing authority of your chosen free zone, if you’ve chosen free zone setup. Blackswan Business Setup helps in either case, to make your application. Several documents have to be submitted along with the application that include Your business plan A copy of your passport – and that of any other shareholders A copy of your signature A No Objection Certificate from your current employer (if applicable)

Step 5: Meeting Additional Catering License Requirements

A trade license along with a catering certification, obtained from the Dubai Food Safety Department is required to start a catering business in Dubai. Details of your kitchen or food preparation area need to be provided that includes the location of entrances, exits, and ventilation. The UAE Food Code has also to be adhered to.

Step 6: Applying For Your Visa

The final key step is obtaining your visa to start a catering business in UAE which involves 4 stages including a medical fitness test and biometric capturing which usually takes less than a week. You can also sponsor others such as children, a spouse or domestic staff for their visas too, being a Dubai business license holder if you fulfil the eligibility criteria.

What Is The Cost Of A Food Delivery Service License?

The most commonly asked question is — how much is a catering license? It ranges from AED 15,000 to AED 25,000. You will have to meet the costs of premises, equipment, ingredients, and any additional approvals that you require.

29Sep2021

Business Setup, uae

All about Freelance Visa in Dubai – UAE

The work environment of the United Arab Emirates is changing. People lean towards working as a freelancer. The policy changes are initiated by the government to make freelance work visas more affordable and accessible for everyone. The career option of freelancing is becoming more popular in Dubai. To quote a report from Algorithm Research, Dubai remains the focal point to host 65% of freelancers in the region. Loads of freelancers work in the fields of social media, graphics design, architecture, health and fitness, websites and software development. 62% of men and 38% of women account for the UAE's freelance workforce. The majority of them lay in the age group between 21 and 30 years old. Freelancing has several advantages of better work flexibility, freedom to explore many income opportunities with the rights to choose projects you want to work with. This is easy to see why many professionals in the UAE choose to work as freelancers. You need a residence visa and a freelancer license to work as a freelancer in the UAE. The government and several visa solutions providers in the UAE have been strict and vigilant to regulate the sector. Some do offer illegal freelancer visa solutions, beware of those visa shops.

Ways to protect yourself from illegal freelancer visa solutions providers

The online advertisements from companies offer a "freelancer visa" or opportunities to make "easy money" without leaving your home. The companies promote easy freelancer visa packages on company websites, and social media platforms for aspiring freelancers to look for opportunities. Remain cautious when considering freelancing opportunities offline or online. Avoid freelancer scams by watching the warning signs: The visa shops would promise them permanent residency in the UAE in exchange for a payment. This is not considered legal. The visa operators give improper advice to lie, omit or fabricate the information in your application. The visa shops run multi-level marketing schemes, that requires you to sell and buy their products to earn money easy and quick. The online freelance platforms would access your accounts like social media accounts, emails and then use your personal information to access your bank accounts to steal your money. Scammers would trick you into sharing your freelancing account details by earning extra time and the other purposes like acquiring information about your projects and clients. Proactive steps would be taken to protect yourself when looking for freelance opportunities. Ensure you don't short end of the stick in any agreement or project. When working on the freelance platform, research well so your job being offered is worth pursuing and legitimate. Search the company's name on the National Economic Register (NER) website and get details. The contractual agreement between the company and freelancer needs to have valid information. The terms and business details must satisfy both parties to contribute their respective interests. Business contracts are tricky when working as a freelancer. You have to be meticulous with every project agreement, transaction, and details like payment terms are crystal clear. Cut off the contact with a scammer and report the scam to the State Audit Institution.

The freelancer license or permit

The freelancer license operates in the personal capacity of the UAE and legally grants professional services to clients. The UAE free zones issue freelancer licenses like Dubai Knowledge Park, Dubai Internet City, Ajman Free Zone, Dubai Media City, Fujairah Creative City Free Zone and Ras Al Khaimah Economic Free Zone. The freelancer licenses are at affordable rates, allowing to work across wide business activities from education, consultancy, events management, film production, entertainment and news media. The Dubai freelancer visas are registered under sectors like Tech (Dubai Internet City), Media (Dubai Media City), and Education (Dubai Knowledge Park). The cost of a license or freelance permit depends on the free zone where you can register. The freelancer license packages are from AED 7,500 per year. Additional charges are applied if you need a freelancer visa under the Dubai Development Authority. This is valid for three years and gets renewed every three years with an insurance and immigration card. When you are sponsored by your spouse or parent, you may not require to cancel your residence visa. The price of a freelance permit ranges from AED 10,000 to AED 20,000 as well as the 1 year or 3-year visa and if you require a residency visa or operational permit to legally work as a sole practitioner in UAE.

Obtaining a freelancer visa in Dubai

To get the freelancer visa, you need to submit the following documents:

The updated application form.
A copy of passport.
The passport size photo.
The updated curriculum vitae.
Attestation of Academic certificates by the UAE Consulate or the Ministry of Foreign Affairs.
The professional references of two people with contact details.
Letter of intent or Work offer with detailed professional background and work experience.
Get No Objection Certificate (NOC) from your sponsor.

The free zone authority reviews your documents, application and references. To get a legitimate freelancer visa in the UAE, work with a trusted and credible company. We offer a suite of visa solutions and value-added business to support services to freelancers. Consultants at Black Swan assist you to obtain a suitable freelancer visa and handle the complete process on your behalf.

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Ways-to-Register-a-Trade-Name-with-DED-in-UAE

29Sep2021

Business, Business Setup, Trademark, uae

Ways to Register a Trade Name with DED in UAE

The trade name registration process is termed as business name registration with the Economic Department of the United Arab Emirates. The commercial entities that run their business here go through the process and register their business name to the Department of Economic Development for approvals. Several things are considered before the registration of a trade name. Here we can look into the document requirements, prerequisites, and overview of the entire process. You have to understand the difference between three common technologies like Trademark, Trade Name and Legal name.

The difference between Trademark, Trade Name and Legal Name

The Trade Name is issued to a company for carrying out its operations. This is termed as a pseudonym that does not operate under their registered company name. This happens because the company uses a trade name to conduct business with a simpler and than their formal or lengthier name. Trade names are used when the preferred name cannot be registered. This may happen because it is similar to a name that is already registered. You need to select a commercial activity to choose the legal type and apply for the approval. When you have done that, you start to prepare the MOA and LSA agreement. This process needs to disclose the company address also. When this process is completed, you will receive the commercial license. The Legal name is officially allocated to the agency or the person processing the undertaking. The legal name is registered with the state authority that is unique and has a correct ending like the term LLP or LLC. The official communication can be done through the name as this appears on invoices. Government also uses this name as the point of interaction. The Trademark can be defined as the brand's name. It has different aspects like the tagline, the registration of the logo, badges, illustrations, hallmarks that identifies the brand's core identity. The Ministry of Economy has the responsibility for registering the trademark within the UAE. Though trademark registration is not needed all the time it is helpful when someone steals your brand idea or concept. The trademark registration can prove helpful in winning any type of lawsuit.

Authorities Involving In Trade Name Registration Process

The registration process involves government authorities presenting the documents, following the rules to get the certificate and pay the desired fees. Two authorities get involved in the trade name registration process that can be contacted and the process to get completed.

The Department of Economic Development (DED)

DED is Dubai's governing body that drives the city's economic agenda within the United Arab Emirates. The organization was set up in 1992 and 2008 as the ruler of Dubai gave DED the responsibility to regulate and plan the economic performance of Dubai. It was done so that there would be a dedicated governing body to support and supervise the economic development of the city. Dubai's strategic plans can be carried out with the intent of completion. The services DED offers are:

Gives Instant License
Renews the Trade Name
Reserves the Trade Name
Renews the License
Issues the Initial Approval
Issue Branch Initial Approval
To Print License
The License activities of Terms and Conditions
Managing the License Contract
Payment of Inspection fines
Updating the Mobile Number

The DED offers legal contract-related services from issuance of legal contracts for a license to legal contract printing. You can make enquiries based on your transaction status and payments, search trade names and browse for business activities.

The Department in the Ministry of Economy

The Department in the Ministry of Economy has the role of assisting with the overall growth of national enterprises and their exports or imports. The department is responsible for regulating the small and medium-sized enterprises along with entrepreneurship. The department has consumer rights that are protected with intellectual rights and when in a problem the government-appointed people would undergo the rigorous process so all parties get satisfied with a solution. Trademarks are registered with the department or you will not be protected by the law.

The Trade Name Registration Process in UAE

Many businesses tend to register a trade name that makes a common procedure. But not many people in the UAE still have the clarity about its details. The trade name registration process can be conducted online and in-person in the UAE.

The Trade Name Selection Process

You have to select a trade name based on the brand identity but it may not be mandatory. Selecting the trade name should abide by the rules and regulations of DED to review the name after its selection. DED has the right to cancel the name when they find it inappropriate. DED needs to meet all criteria before the name gets approved. The requirements to be fulfilled are:

The business operation should represent the name of the business.
Businesses that are similar in Dubai do not claim the company name by copyright.
Name of trade may not include the terms of indignity.
The Trademark must not be named after God.
Some terms like City names, Dubai's Emirates, Districts and Airport codes are not recognized.
Country names and Continent cannot be used as trade names, but nationalities can be used as a name.
The company name can't start with Middle East, European, Asian or their names translated.
The corporate name should not have Government Agencies abbreviations.
The company name may not include popular global brands like Samsung, Apple, Kia as a whole or in part.
The name of businesses may not indicate sectarian religious organizations like the Vatican and the FBI.
The name of the division may not be equivalent to the name of the parent company and the suffix and legal names are not considered part of a name.
The privately-owned businesses words like "CO" and "ME" are limited until they are part of a word like "ACTO Services" and "LCME Trading".
Family names are only used as the first name and one of the proposed shareholders must be named.
The titles are written in a literal manner and may not be translated.

To check the Trade Name Availability

Once following the steps carefully, you have to understand the kind of trade names that are good for approval. When you have the basic understanding and have finalized the name, you can do an online check and search for its availability as there are many trade names already taken by different companies.

To reserve the Trade Name in UAE

When you follow the guidelines and check for the availability of the name, you can reserve the trade name. When you don't reserve the name beforehand, it would be taken by other businesses. Reserving the trade name is the prerequisite to attain the license in the first place. Reservation of the trade name can be done with DED and once getting their permission your name would be reserved.

Paying Trade Name Registration in UAE

You have to pay to process the trade name. This is the last step because you will not receive the certificate when DED guidelines are not met. Within 72 hours of your payment, you will receive the confirmation of the payment voucher. The trade name is valid only for six months and you need to get reserved again. Feel free to contact our experts by requesting a quote below

29Sep2021

Business, Business Setup, dubai, uae

How to Start a Facility Management Business in Dubai, UAE

One of the world’s most famous business hubs is Dubai with thousands of organisations from every corner of the world. Many industries like health, hospitality, travel and technology thrive in this open and encouraging environment. Being a growing business hub Dubai demands services of facilities management companies like offices, hotels, gyms, restaurants, and apartment buildings. Working with Black Swan, the incorporation and licensing process is fast and straightforward. Following is a simple guide to set up facility management company in Dubai

Steps To Start A Facility Management Company In Dubai

Location: A facility management company can either be in a free zone or in the UAE mainland. If in the mainland, it can be set up anywhere whereas in a free zone there is a 100% customs tax exemption, zero currency restrictions and the ability to repatriate all capital and profits to your home country. Company name: The second step is choosing a company name. In accordance with naming conventions, no blasphemous or offensive language, no references to well-known institutions or any abbreviations of your name can be used. a legal entity has to be attached to like FZE or LLC. Working with Blackswan, we can register your trade name on your behalf.

Applying For A Facility Management License In Dubai

The process of applying for your facility management license is different depending on where you choose to set up. If you’re setting up in the mainland, you can make your license application directly to the Department of Economic Development (DED). If you’ve chosen a mainland setup, you should apply directly to the managing authority of your chosen free zone. In both cases, Black Swan can manage this process for you, and liaise with authorities and government departments on your behalf.

Documents Required To Start A Facility Management Company In Dubai, UAE

When starting a facility management company in Dubai, you will need to submit several documents along with your application form. This may include:

A copy of your passport
A No Objection Certificate from your current employer (if applicable)
Applying For Your Visa
Proof of relevant experience or qualifications
Several passport photos

You will need a residency visa, if you intend to live and work in Dubai, UAE. You can also help you apply for your UAE visa and Emirates ID which involves four stages including a medical fitness test and biometric capturing that usually takes less than a week. You can also sponsor others such as children, a spouse or domestic staff for their visas being holders of a UAE business license.

What Is The Facility Management License Cost?

Facility Management License Cost depends on the size of your business, location and the type of activities you undertake. Setting up in a free zone is cost-effective. The cost ranges from AED 15,000 to 25,000.

Start Your Facility Management Business In The UAE With Black Swan

Getting the right guidance beforehand is key, when starting a UAE facilities management business. To eliminate any potential hassles, it’s always advisable to undertake the steps with the assistance of a registered company formations agent like us.

29Sep2021

dubai, DUBAI MAINLAND, Free Zone, Testimonial, uae, Video

Difference between Dubai Free zone and Mainland ?

Video explains you about the Difference Between Dubai Mainland and Free zone. Setup your Business Today ! Know more https://bss.blackswanbss.com/ Get free consultation Call or WhatsApp +971-522447757 / +971-42406939 Visit Us:- Website : https://bss.blackswanbss.com/ Official Blog : https://bss.blackswanbss.com/updates/ Facebook : https://www.facebook.com/blackswan201/ Twitter : https://twitter.com/BlackSwanBSS Instagram : https://www.instagram.com/blackswan_businesssetup/ LinkedIn : https://www.linkedin.com/company/black-swan-business-set-up-services

29Sep2021

company, dubai, Free Zone, FREE ZONE COMPANY, uae

How to setup Company in DWC Free Zone

Dubai World Central (DWC), Dubai's second airport and the world's future centre, is rapidly taking shape in the city's south, near the rapidly growing "New Dubai" neighbourhoods. DWC is located in the heart of a whole airport city. The government of Dubai has taken a positive step in positioning the city as a major global commercial hub. The biggest master planned free zone in the world, located on 140 kilometres of land near Jebel Ali Sea Port, transports a wide range of industries such as aviation, logistics, exhibitions, residential, and many other associated companies. DWC is now the world's largest and most important worldwide business, commerce, and aviation centre. The DWC headquarters are close enough to the Al Makhtoum International Airport, the Business Park Aviation, the Logistics District, the Aviation District, the Commercial District, the Residential District, the Golf District, the Humanitarian District, and the Exhibition District, all of which serve as strategic platforms for the expansion and growth of light industry, aviation, logistics, and other business services. DWC is strategically located to provide coordination and shipping throughout the GCC, the Middle East, and the rest of the world.

Benefits of company set up in Dubai South

Forming a company in Dubai South would provide you with 100 percent tax-free benefits, as well as 100 percent foreign ownership.
There is no corporate tax when forming a business. It will allow you to choose from a variety of high-quality commercial structures.
It will also provide you with flexible commercial leases.
It offers you the choice of forming a business in a free zone or a non-bonded zone.
The company is set up at a very low cost.
Setting up a company in Dubai would provide you easy access to Al Maktoum Airport.
Setting up a business in the Dubai South Free Zone will also provide you with the benefits of space and services, allowing you to run your business more efficiently.

Simple steps for DWC company formation

Contact us

Contact us now for a free consultation and conversation with one of our DWC company formation specialists, who will assist you with your licensing, business operations, and all other needs for your DWC company creation.

Application

At this point, we'll submit an application for DWC business creation, as well as three possible company names, personal information, and copies of the shareholders' and managers' passports. The application is expected to be approved in 7 to 10 days. Although the customer's presence is not required throughout the DWC business creation procedure, signed papers must be delivered to us in their original form.

Smart Desk

Following acceptance of the application, the DWC institution will issue the Smart Desk office contract, which must be signed by the company's shareholder or management. The signed contract must be provided to us in order for us to submit it to the DWC authorities.

DWC company formation and licensing

The DWC official will issue the certificate of incorporation, MOA, share certificate, and business license when the Smart Desk contract is submitted.

Establishment card

After the firm is registered, the establishment card will be given in seven to ten days. The establishment card will allow the firm to apply for the appropriate resident permits for the company's shareholders, managers, and workers.

Corporate bank account

After the registration and licensing, the company will apply for the starting of a corporate bank account. The presence of the shareholder or bank signatory in Dubai is compulsory for at least one day to sign the bank forms

Requirements for company formation in Dubai South

You must register as a Free Zone Enterprise and have a Dubai South business licence to create a DWC firm. DWC accepts applications for the registration of a Free Zone Enterprise from any business, partnership, organisation, or individual. For a LLC DWC company formation

Incorporation certificate
All shareholder gets Individual share certificates
Memorandum of Association of company
Articles of Incorporation of company

For Branch Registration certificates will be issued.

Types of trade license

Depending on the nature of your firm, DWC offers a variety of trade licences:

Educational license
General trading license
Industrial license
Logistic license
Service license
Trading license

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

29Sep2021

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.

29Sep2021

Business Setup, Free Zone, uae

Cost Effective Free zones in the UAE

Free zones in UAE are much popular among investors as they offer a whole lot of business support and infrastructure to the investors. UAE comprises around 40 free zones. Freezones in UAE are widely categorized on the business activities they are specialized in. For example, media companies should get themselves registered in Media City free zones like Dubai Media City, Sharjah Media City, and Fujairah Creative Zone, etc. You will be interested on: Free Zone Company Formation

What makes Freezones a popular choice for investors?

Freezones provide benefits to the investors, the most striking one being 100% ownership of the business entity. The other benefits like tax-free environment, secure banking system, fast and easy business set up, world-class infrastructure also attract investors. Various factors determine the popularity of free zones. Freezones in Dubai are most preferred for general trading, service industry, consulting, etc. as Dubai is the centre for most business activities in the UAE. The location of Dubai International Airport is another attraction for services and consultancy businesses to set their base in Dubai. Few direct benefits by setting up a business in Dubai include flying in and out of Dubai hassle-free for business meetings. Freezones in UAE are mostly cost-effective and offer infrastructure and business setup to run your business profitably.

Cheapest free zones in the UAE

There are some free zones in the UAE, which are cheaper and offer the same infrastructure and business benefits more like free zones in Dubai.

International Freezone Authority (IFZA)

IFZA (International Freezone Authority), Fujairah is one of the most cost-effective centres providing profitable solutions to set up your business in the UAE. IFZA has a wide range of office solutions matching international standards, and also warehouse facility built on highest international logistics standard. Flexible rental solutions are available for investors to keep their operational costs to a minimum.

Investor benefits

Easy and fast incorporation along with company management
A wide range of business activities (Services, Consultancy, Trading, etc.)
100% ownership of your company
Facility to set up a Limited Liability Company and get the suffix LLC after your company name.
100% Corporate and income tax exemption
No restrictions on foreign currency
No need for a physical office
Nil share capital requirement
The ability to incorporate holding companies

IFZA license types

Consultancy license (for professional services like HR consultants, management consultants, etc.)
Service license (this best suites production, transformation, and distribution services)
Trading license (for companies that trade specific goods)
General trading license (for companies trading a wide range of items)
Industrial license (for companies involved in raw materials import, production, manufacture, package, and export)
Holding license (for the holding of standalone assets/shares of other companies)

General trading license with one visa package costs around 17,500 AED yearly (actual amount may vary slightly)

Ras Al Khaimah Economic Freezone (RAKEZ)

RAKEZ (Ras Al Khaimah Economic Freezone) is a cost-effective business hub with setup packages, modern facilities, along with the first-class service. RAKEZ provides state of the art infrastructure and hi-tech facilities for industrial growth and developments. With a fast and easy setup, and customer friendly environment for investors, RAKEZ is one of the business friendly options. There are around 14000 companies from 100+ countries registered with RAKEZ. There are five free zone parks, which are made such that it suits investor requirements. RAKEZ includes three industrial parks, a business park, and an academic zone. With RAKEZ you have provisions for both Freezone and non-free zone company formation, alongside a wide range of business and industrial facilities. Moreover, easy access to seaports and airports in UAE is an added advantage for investors. Commercial License amounts to 14,800 AED yearly with the facility to conduct five similar activities in the chosen category.

Umm Al Quwain Free Trade Zone (UAQ FTZ)

UAQFTZ (Umm Al Quwain Free Trade Zone) is a better option for SMEs, business groups, and startups. Features like proximity to Dubai, accessibility to international ports, and high notch infrastructure makes it an investor’s choice. UAQFTZ operates as an autonomous free zone from 2014 and is expected to have a rapid adoption in the years to come.

Licenses issued by the UAQFTZ
Commercial
Consultancy
Industrial
Services
Freelance permits
General Trading

Commercial License consisting of two visa packages amounts to 20,500 AED yearly (Actual amount may vary)

Ajman Media City Freezone

Ajman Media City free zone is one of the most competitive and fastest-growing free zones in the UAE. It contains significant business setups along with top-notch infrastructure. Ajman Media City is the perfect place for media and entertainment companies to set up offices with a cost-effective platform best suited for profitable business establishments.

Types of companies that can be formed in Ajman Media City free zone

Freezone Company (FZCO)
Freezone Establishment (FZE)
Branch of a UAE company
Foreign Company branch
A subsidiary of a foreign company

Benefits

100% foreign ownership
No corporate or income tax
100% repatriation of capital and profits
Fast license issue (Within two days)
One license, multiple business activities
The easy and fast registration process

Commercial license with one visa package amounts 11,952 AED yearly (Actual amounts may vary) UAE is one of the dream destinations to allow your business to flourish with the perfect location and business license types. Choosing UAE as your business destination is inevitable as there are many perks like world-class infrastructure, proximity to air and seaports, strategic location, banking facilities, support from the government for entrepreneurs, etc. You can always call us to know more about low-cost business set up options in the UAE to start your new business.

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Bookkeeping Services Provider in Duba uae

29Sep2021

Business Setup, dubai, uae

Bookkeeping Service Provider in Dubai

Bookkeeping Service Provider in Dubai : The bookkeeping refers to the systematic recording of finance in terms of business transaction inappropriate books of account. The first step in financial reporting or accounting. Bookkeeping has daily transactions posting in accounting software or ledger books. This can have a direct impact on financial statements and general ledger accounts. In Dubai, the role of bookkeeper gives prime importance due to the function of posting accounting transactions precisely and in a timely fashion.

The Benefits of Bookkeeping Services

The Financial Barometer

You have to maintain your account books that give you the crucial information for the efficient run of your company. Keep a track of the financial status of your business as a handy practice. This helps you estimate data points for income, billing and payroll management.

Safeguard from Fraud

When your financial books are regularly checked, fraudulent actions are apprehended, capital estimation for forthcoming payments are made and cheques can be prevented from bouncing. This helps your business from getting into a financial soup.

Monitor the Budget

The precise account of your company's spending and revenue compares actual results with the projections in an annual budget. When the bookkeeping is in place, the financial information of the business would remain up to date. This can check your overspend and can identify instances of underspending.

Tax

The proper bookkeeping aids in corporate tax filing for a company, also helps to spot possible tax deductions.

What Bookkeeping Services We Do Provide?

Blackswan helps you with the following bookkeeping services in the UAE. This records the business transactions as per International Financial Reporting Standards (IFRS) posting of general ledger and other ledgers. Can draft sale invoices accounting the reconciliation of bank statements and performing necessary adjustments. Records the accruals track of accounts payable as well receivable maintenance of sales and purchase ledger maintenance of fixed assets register.

Outsourcing the Bookkeeping Services

The bookkeeping imparts many procedural activities and has not specialized for any industry. It is fair common practice to outsource bookkeeping and accounting services in Dubai.

Why to Outsource Bookkeeping Services in Dubai and UAE?

The businesses preferably consider outsourcing their bookkeeping function.

Benefits of outsourcing your bookkeeping services in Dubai and UAE are:

You have to delegate the work of bookkeeping to a qualified professional allowing a businessperson to save their time that may be spent on the core functions of research and business development. This becomes critical when the business is managed by a small team. The scalability of an outsourced function is responsive and flexible. When the bookkeeping is outsourced and not handled in-house, it is adjusted to fit one's customized requirements of business troughs and extra workload. This becomes cost-effective as the need to employ highly qualified and expensive accountants handle your company's bookkeeping. The dedicated bookkeeping forms would employ experienced professionals to carry the outsourced bookkeeping services. The consultants would give professional advice to handle your financial matters as the company grows and develops.

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29Sep2021

Business, Business Setup, dubai, License, uae

Technical Services License in Dubai, UAE

License that you need depends on the type of activity you undertake. For example, you’ll need a manufacturing license if you are going to manufacture goods. You’ll need a commercial license if going to sell goods. There is no specialised application process for a specialised license. you can obtain your license and be ready to trade within days with the help of a UAE company formation expert.

Activities In Technical Services

The license is correct if you carry out any of the following trades and services:

Air-conditioning and ventilation
Building cleaning services
Carpentry
Concrete works
Electrical fittings
Engraving
Flooring and tiling
Insulation works
Painting and decorating
Plumbing and sanitary works
Satellite equipment installation and maintenance
Solar equipment installation

Technical services license is also required by many more activities. A company formation specialist will help you find the best way to find out what type of license you require. At Blackswan Business Setup, we’ll take the time to get to know your business before advising on the most appropriate license and setup.

How To Get A Technical Services License In Dubai, UAE

We can manage the entire application process on your behalf , once we’re happy that you require a technical services license. This usually takes just five simple steps.