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DIBN Business
Ø Description:-
Dubai Mainland Company Set Up is one of the best Options
to establish your Business in UAE. Dubai Mainland Association Can Practice any
Professional Commercial, trading, or movement business development.
§ About DIBN:-
Business set
up in UAE. We are one of the leading 360 Degree Business Services Provider with
the portfolio of more than 500 companies registered by us in UAE. DIBN group
contains experts who truly do organization enlistment and are enthusiastic
about transforming the fantasies about hopeful business people and SMEs into
the real world. The point of the organization is to help your business in Dubai
as well as all over UAE.
Ø Services: -
1. Immigration Pro
Services
2. Business Consulting/Advisory
3. Business Banking
4. Forex Broker’s Solution
5. Import &
Export Solutions
6. Trademark
Registration
7. Company Liquidation
8. Accounting & VAT Consultancy
9. Accounting & Bookkeeping
10. Auditing
11. VAT Registration
12. VAT Return
Filling
13. VAT Compliance
14. VAT Advisory
15. VAT Deregistration
Ø Company Setup Services:-
§ DUBAI Mainland:-
A Mainland
association is an association signed up for one of the seven emirates of the
UAE Department of Economic Development (DED). This plans that expecting that
you choose to coordinate business in Dubai Mainland, you ought to enroll a Business
component with the DED, which will then, give you a license to work to start
continuing with work in Dubai. The focal Region offers easier induction to
clients, organization, versatility, and incredible groundwork. Dubai Mainland associations can practice any
Professional, Commercial, present-day, trading, or movement business Development.
A couple of master practices are dismissed by DED's business rules and others
require the support of experts that deal with these activities.
**100%
Foreign Ownership Is Available For More Than 1,000 Commercial and Industrial
Activities.
**Portions
Of Foreign Companies Do Not Require An Emirati Agent.
Ø How to Register Dubai Mainland Company
in UAE?
1. Select
Business Activity
2. Select
the business activity types from Trading/commercial, Consultancy, Professional
or industrial. You can choose several activities within a one group.
3. Select
Trade Name
4. Apply for
Initial Approval in DED
5. Once the
trade name confirms then the company can be formed and the company name is
approved.
6. Prepare
MOA & LSA agreement
7. DED will
prepare the Memorandum of Association and Local Service agreement based on the
information provided on the above stages.
8. Business
Location
9. Get
Approvals
Benefits
Instant License in Dubai:-
1. Issue in 5 to 10 minutes of time
2. Same day trade license
3. Trade
name is not required for first year
4. Not required physical office for first year
Ø DIBN Support:-
1. Referral to commercial Real Estate Broker
Agency.
2. Introduction to the Web Developing &
Advertising Agency.
3. Company bank account Set-up advice.
Ø UAE Freezone Company Setup:-
1. Dubai Freezone
2. Sharjah Freezone
3. Abu Dhabi Freezone
4. Ajman Freezone
5. Ras Al Khaimah Freezone
6. Fujairah Freezone
7. Umm Al Quwain Freezone
8. UAE Offshore Company Setup
9. Jabel Ali Offshore Freezone
10. Ajman
Offshore Freezone
11. Ras al
Khaimah Offshore
Ø Different Types of Licenses Are Issued
By Mainland:-
A]
Commercial License:-
- Where the
purpose of the entity is to trade within the whole region. Kindly pay attention
that 100% foreign ownership of this company type in the UAE is permitted.
- Now foreign
investors are allowed to hold 100% Equity ownership in UAE companies.
- Multiple business-related activities under 1
trade license can be provided.
- No
Corporate tax and No Income Tax.
- Location
flexibility and zero trade restrictions.
B]
Professional License:-
- 1. Sole Establishment:-
This type of
entity is applicable for professional, service activities and consultancy.
Setting up such type of a company is the best way a foreign investor can get
100% ownership in A UAE Company registered outside Free Zones.
- No Corporate tax and No Income Tax.
- No
requirement for minimum capital.
- The UAE
National will act as an agent with 0% ownership.
- One
shareholder only.
- No corporate
taxes, no income taxes.
- 2. Civil
Company:-
Civil company is a company owned by 100%
foreign ownership with up to 3 shareholders and local service agent. This is
applicable for professional and service activities/license.
- Local
service agent owns 0% of business shares and profit, whereas foreign partner or
a company owns 100% of business shares.
- Local service agent main task is to perform a
role of a signatory for fulfillment of all government related tasks.
- Local service agent has no administrative
powers and is only entitled to annual payment for government services.
- Local
service agent can be a professional, a UAE Government employee or a company
owned by a UAE National.
- For certain activities professional
qualification of local service agent is required.
3]
Industrial License:-
Industrial
licenses are required for establishing industrial or manufacturing activity in
the UAE. With the industrial license, businessmen can assemble and process
goods using raw materials that are local or imported. Economy Department states
to be the main authority to issue industrial license. There might be necessary
additional approvals from specific departments, ministries or Municipality.
Which depends on the activity? Health Ministry is an authority that can provide
authorization of medical business and institutions within the pharmaceutical segment.
Such as operating in financial segment require an approval from central bank of
UAE.
- Safe and Legal revenue transactions.
- Modern
Industrial & Manufacturing Infrastructure.
- Generate
more business opportunities.
- Renew
Industrial trade license at affordable cost.
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