Setup Business in UAE Blog

Shall a laborer be qualified for any compensation for working inside the notice time frame?

Yes, he will be paid by the laws and directions in power.

Posted 21 October, 2018

Do own payroll or outsource?

Do you guys who run small businesses typically do your own payroll, or do you outsource it? if outsourced - what's your typical expense per employee? Trying to see what to do. Also how do you track overtime?

Posted 24 November, 2018

Where do I set-up a UAE organization?

There are 7 unique Emirates in the UAE, everyone has a similar government structure however comprehensively extraordinary economic situations and legitimate necessities. There are two noteworthy contemplations when choosing which Emirate is appropriate for your business – the market request (target customer area) and the legitimate prerequisites. Every Emirate has contrasting administrative prerequisites, section expenses and Trade License and set up charges. Indeed, even the business sectors in Abu Dhabi and Dubai are altogether different in specific areas and it is imperative to investigate the advantages and disadvantages of every area for your business compose. A business set up organization, for example, the PRO Partner Group can help at this stage.

Posted 21 October, 2018

Does your company have to pay for one flight home and back per year

I am moving to Dubai in June to start a new job. For some reason, I always remember someone telling me that, by law, your company is obliged to pay for the flights for one of your trips home per year.

I can't imagine this is really true - is it?

Posted 18 April, 2018

Do unique kinds of organizations require uncommon allows or have extraordinary prerequisites?

Yes unquestionably. The diverse authoritative documents of organizations each have particular necessities. Sole proprietorships (Establishments), LLCs and Branches of nearby and outside firms should all meet certain particulars previously the issuance of an Initial Approval, and in the end a full Trade License. A Law Firm or Set Up Company can help you to see precisely what is required for your organization and your particular movement.

Posted 21 October, 2018

Dubai Multi Commodities Center (DMCC)

DMCC (Dubai Multi Commodity Centre) - located in Jumeirah Lakes Towers and designed for trade, DMCC has everything to set up, grow and build your business. Three times crowned ‘Global Free Zone of the Year’ by the Financial Times magazine, DMCC is home to a vibrant community, innovative infrastructure, world-class services and a stunning choice of properties, all minutes from excellent air, sea and road links to the world.

Launched in 2002, DMCC is the dedicated global centre for more than 13,000 businesses from a wide range of industries and sectors, as diverse as agro, energy and financial services to diamonds, gold and base metals.

Enjoy amazing amenities in DMCC:

  • 0% corporate and personal tax for 50 years.
  • 100% foreign ownership.
  • Simple set up process, assistance with sponsorship of employees and many other UAE government related services, which incorporate a wide range of affordable property choices.

The objectives of DMCC:

  • Creation of a dedicated market place in Dubai.
  • Increase the value and volume of commodities traded in and through the region.
  • Facilitation and integration of the entire value chain of its key segments.
  • Broaden the local market horizon e.g. Refining – Manufacturing – Trade.
  • Create industry specific market infrastructure for its core segments, innovate new products and services.
  • Provide a supportive business environment through purpose-built infrastructure.
  • Promote regional industry growth.
  • Enhance local industry through implementation of international standards.

Types of licenses:

  • Trading License.
  • Service License.
  • Industrial License.

Serviced business centres:

  • Austria Business Centre
  • BB1 Business Centre
  • Diamond Business Centre
  • DMCC Business Centre
  • German Arabian Business Centre
  • HDS Serviced Offices
  • The One Business Centre
  • Mayfair Business Centre
  • Open Business Centre
  • Park Avenue Offices
  • ServCorp
  • Serviced Offices
  • Star Business Centre

Posted 9 April, 2018

Dubai Outsource Zone (DOC)

The World’s First Free zone 
Dedicated to the Outsourcing Industry 

Want to catch the next wave in outsourcing?
With outsourcing's continuous growth, the next wave of outsourcing is moving towards higher-level business processes with knowledge as a key component. With this in mind, Dubai has set its sights on joining the ranks of the world's leading knowledge-based economies.

Dubai Outsource City (DOC) was launched in 2007 to cater to the market demand for outsourcing companies, becoming a performing business park, dedicated to local and international outsourcing companies.

DOC supports Business Process Outsourcing (BPO), HR Outsourcing, IT Outsourcing, back office and call center operations.

DOC provides comprehensive, purpose-built infrastructure for companies who want to establish themselves within an UAE free zone.

Some of the free zone benefits extended to DOC Business Partners include 100% business ownership and tax-free income, as well as value-added services such as networking opportunities, venue management, industry awareness programs and government services.

DOC offers state-of-the-art office space, robust telecom infrastructure, facilities management services and a 24-hour security service.

Types of company formation in DOC:

1. Free Zone Limited Liability Company (FZ-LLC): a company formed as an independent legal entity with its own shareholders. There will be a minimum capital required, established according to the business activity registered:

      a.  FZ-LLC with corporate person as shareholder;

      b.  FZ-LLC with natural and corporate person as shareholder;

      c.  FZ-LLC with natural person as shareholder.

2. Branch of a Foreign/UAE Company: a legal company dependent on its parent company, with the option of having a different place of business than the headquarters of its parent company. There is no minimum capital required.

Benefits of setting up a company in DOC:

  • 100% Tax Free Environment for 50 years;
  • 100% foreign Ownership;
  • No Restriction on Profit or Capital;
  • Repatriation;
  • Stringent Attrition Law;
  • Reduced Real Estate Cost;
  • “One-stop shop” of administrative services.

Types of licenses issued in DOC: Service licenses, as per the business activity.

Posted 9 April, 2018

How to setup a wholesale distributor business?

I'm thinking of starting a B2B wholesale distribution business where I plan to act as a middle-man between manufacturers and retailers. How much upfront capital is required? Is there anyone here who runs such a business? What are some of the biggest pain points of this business model?

Posted 24 November, 2018