How to set up an industrial company in Dubai?

industrial company

The diversification of Dubai’s economy opened up a gap to new methods of income. Among them, the industrial company is an important asset in this Emirate. A strategic location, state-of-the-art equipment, and a successful market set Dubai a perfect center for establishing manufacturing companies of any category.

In this article, you will learn all about setting up an industrial company in Dubai. Plus the long list of business activities you can do. On the other hand, you will find out what steps to take to make the process run smoothly. Moreover:

  1. What types of activities are manufacturing companies in Dubai engaged in?
  2. Why should you start an industrial company in Dubai?
  3. Where is the best area in Dubai to start an industrial business?
  4. How to open an industrial business in Dubai?
  5. What can you do with an industrial license in Dubai?
  6. How much will it cost to form an industrial business and obtain an industrial license?
  7. How can we help you in the UAE VAT Registration process?

1. What types of activities are manufacturing companies in Dubai engaged in?

Dubai is famous for its wide economic activities’ diversity. Foreign investors see the Golden City as a zone for establishing manufacturing companies. That is to say, enterprises aimed at manufacturing products from raw materials, focusing on the use of machinery rather than human power.

Therefore, the idea of industrial companies is to create as many goods and services as possible through automated systems using the UAE’s tech developments. On the other hand, there are multiple types of activities performed by industrial companies in Dubai. These can be:

  • Base metal engineering
  • Chemicals
  • Transportation
  • Food and beverage
  • Machinery
  • Mining
  • Energy
  • Textile

There are other types of companies that work with product manufacturing in Dubai like clothing, hardware equipment, or hydrocarbons. However, companies linked to oil, gas, and telecommunications do have some restrictions when it comes to 100% ownership. Of the rest, all manufacturing companies keep the same benefits, rights, and duties.

2. Why should you start an industrial company in Dubai?

Dubai is a world-class financial center. Any foreign entrepreneur wishing to start an industrial company in Dubai should know the following key points about business setup in Dubai:

  • Strategic location: Dubai is a city with two of the best international airports and world-class infrastructure allowing investors to access the city with ease.
  • Local and foreign talent: There is a wide range of local professionals ready to run the machinery of a manufacturing company. Furthermore, the UAE’s pro-migration policy allows entrepreneurs to access a highly trained pool of foreign talents from anywhere in the world.
  • Foreign Investors market: Dubai is one of the best investment cities in the world. Therefore, UAE authorities have flexible policies for company formation. Consequently, the rules and guidelines allow investors to establish themselves with ease and have high levels of productivity.
  • Broad customer base: Dubai’s large population, coupled with its successful market, allows access to a wide variety of customers. In addition, its strategic location allows access to consumers in the Middle East, Africa, and South Asia which may allow for future expansion into other markets

2.1 Other key points to consider are:

  • One of the lowest tax rates within the Middle East territory
  • Easy access to logistics equipment and means of transport for products and goods
  • Economical foreign and domestic labor force.
  • High-class infrastructures such as business centers, warehouses, and offices
  • Low cost of resources and energy sources. In addition, Dubai promotes green manufacturing. Resulting in an environment that seeks to promote more environmentally conscious companies.
  • Constant market development and growth. Providing new opportunities for local entrepreneurs.

3. Where is the best area in Dubai to start an industrial business?

Throughout Dubai, there are multiple Free Zones dedicated to business start-ups like Dubai Multi Commodities Centre (DMCC). However, if your vision is to start an industrial business, it is best to do it in Dubai Industrial City.

Since its launch in 2004, Dubai Industrial City (DIC) is home to more than 500 operational local and international companies. Thanks to its robust infrastructure, tech resources, and competitive enterprise structures and services, DIC aims to be a hub for manufacturing companies to grow with ease.

The DIC is located between Al Maktoum Airport and near Jebel Ali Port. In addition, the area has total free traffic driveways connected to Sheikh Mohammed Bin Zayed Road and Emirates Road. It allows access to different types of company structures such as LCC structure, branches, and subsidiaries according to the owner’s license.

Likewise, the DIC guidelines permit maintaining 100% foreign ownership; it has no personal income or corporate taxes and allows full repatriation of invested/generated assets and capital.

4. How to open an industrial business in Dubai?

Although there are very few restrictions for opening an industrial business in Dubai, the procedure is quite simple. All you have to do is to follow the next 10 steps to the letter:

4.1. Choose the type of industry

To get started in the Dubai industrial market, it is necessary to define your industry sector. In other words, choose the appropriate product you would like to develop.

4.2. Find a local partner

Secondly, you should look for a local partner to help you establish your Gulf business easily within the UAE. In this way, you will gain an ally within Dubai who can advise you 24/7.

4.3. Pick a trading name

The next step is to select a name that fits your corporate identity and Dubai’s guidelines on the subject. Remember to avoid abbreviations, religious references and, if you use a proper name, it should be that of the owner or a shareholder.

4.4. Initial approvals

To get started, you must obtain initial approval from the Department of Economic Development (DED). You will need to provide a copy of your passport and your detailed business plan to open your industrial company in Dubai. This will allow you to get approval on your trading name and future requirements.

Likewise, it is important to note that you will require some extra permits according to the type of business. For example, some industrial activities may be harmful to humans and the environment. Therefore, it is necessary to obtain additional approvals before setting up in Dubai.

4.5. Post Approval Memorandum of Association

After obtaining approval for the product and trading name, it is time to sign the Memorandum of Association (MoA). For clarification, a draft of the MoA should be taken to the notary’s office for owners and shareholders to sign before submitting it to the DED.

4.6. Get a signed NOC

After submitting the required documents, you must obtain a NOC. The No Objection Certificate will allow you to start your manufacturing company operations as soon as possible. For this, you will need a NOC from the Ministry of Economy and Trade. You can obtain it by attaching the necessary documents.

4.7. Locating a commercial space

Choosing a warehousing space or a commercial office is critical. You must choose a location and look for a space to rent or buy. One of the biggest advantages that Dubai has is the wide variety of spaces equipped for industrial businesses.

Also, remember to look for a space that meets the construction measurements according to Dubai regulations. To get a trade license further on, virtual offices are not permitted.

4.8. Ejari and tenancy contract

After choosing the commercial and warehousing space, you must obtain your Ejari registration, the tenancy contract, and a barcode for future reference. Each one will be unique and unrepeatable.

4.9. Last requirements and approvals

Depending on the type of activities and products, you will need to obtain additional permits. For example, obtain approval from the Dubai Municipality and a NOC from the civil defense. This will help you to obtain an industrial clearance.

Similarly, depending on your product, you will also need different approvals. For instance, food control, narcotics department, or Dubai police could be some of the cases.

4.10. Get a valid trade license

Once all the requirements have been met, the only thing left to do is to opt for a trade license. In the case of manufacturing companies in Dubai, the most advisable is to opt for an industrial license.

4.11. Apply for a residential visa

Because you will need a physical workspace, it is essential that you apply for a visa. Depending on your purchasing power it can be a short-term visa, i.e. 3 years, or a Golden Visa which has a longer duration.

5. What can you do with an industrial license in Dubai?

There are three different types of trade licenses in the UAE (industrial, professional, and commercial) and each covers a different set of activities.

Therefore, the industrial license allows its holder to work within the manufacturing industry with freedom focusing on sectors such as food, textiles, metallurgy, heavy equipment and engines, hydrocarbons, and paper.

Getting an industrial license is the final step before opening an industrial business in Dubai because it is the one that guarantees that the business owner has fulfilled all the requirements to operate in the UAE. The license is yearly renewable

5.1 How can you get an industrial license in Dubai?

Among the steps to follow are:

  • Obtain the appropriate permits from the Dubai authorities.
  • After three months from the receipt of the authorization, you must apply for your license through DED.
  • The DED intermediary will notify you of the status of your license within 15 days.
  • Obtain a permit from the city council to build or modify the manufacturing business space. You will also need approval from the Chamber of Commerce and Industry, the Industrial Registry, and the Ministry of Health.
  • Submit the required documents according to the specifications

6. How much will it cost to form an industrial business and obtain an industrial license?

Dubai’s policies ensure that the company formation process is fast and cost-effective for both foreigners already resident in Dubai and newcomers.

In this regard, the total cost of manufacturing company formation can vary from AED 9,000 to AED 15,000. On the other hand, the license fee can range from AED 10,000 to AED 50,000 annually.

7. How can we help you to set up an industrial company in Dubai?

To sum up, starting an industrial business in Dubai is a perfect option to enter the Emirati market. If you know your product well and have a structured business plan, it is possible to start operations in a short time. At Connect Zone we have more than 20 years of experience helping local and foreign investors to set up their business in Dubai.

Our team is ready to assist you during every stage of the company formation. In addition, we can provide you with bookkeeping services, VAT registration systems, and consultancy services. Likewise, if you are interested in long-term residency in the UAE, we also offer specialized visa services to help you obtain your residency quickly, easily, and cost-effectively.

Would you like to contact Connect Zone to help you set up an industrial business in Dubai Mainland or Free Zone? If you have any questions, call us on +97143316688. Likewise, you can email us at contact@connectzone.ae, and you will talk to one of our representatives who will answer your questions.

In addition, to receive extra information attach your CV or resume to thetalentpoint.com. There is no need to worry, your personal information will not be stored or shared.

The Gulf Business: How to cope with the challenges of the off-season?

Gulf business

The ongoing pandemic has affected the finances of many companies in the UAE, especially seasonal ones (tourism, events, entertainment). Nonetheless, with the end of the COVID era in sight, this recession seems to be coming to an end too. Each tome more foreign investors are looking forward to establishing a Gulf business.

In this article, you will discover the various challenges faced by Gulf Business due to both off-season and sanitary restrictions. In this way, you will be able to create effective plans and strategies.

  1. What is the GCC and what is Gulf business?
  2. What is off-season and how does it affect Gulf business?
  3. Which ones are the possible challenges Gulf business faces during the off-season?
  4. What are possible solutions to the work challenges faced during the off-season?
  5. How can you establish a Gulf business in easy steps?
  6. Ensure the growth of your Gulf business with business advisory
  7. How can we help you set up a Gulf business?

1. What is the GCC and what is a Gulf Business?

The United Arab Emirates is one of the most prosperous countries within the Persian Gulf. Nonetheless, much of UAE’s financial success is due to its membership in the GCC.

The Gulf Cooperation Council (GCC) is a group of Persian Gulf countries focused on improving their culture, politics, economics, and economy in a unified way. That is to say, it is a conglomerate of nations seeking to achieve common goals based on their cultural and political similarities.

Some of its members include Saudi Arabia, Kuwait, Qatar, Oman, Bahrain, and, finally, the United Arab Emirates. Thanks to their flexible economic policies, country members have become investment hubs for local and foreign business owners, especially the UAE. Offering a 5% income tax rate, the UAE attracts a large number of investors every year.

Therefore, thanks to its low VAT rate and company formation packages, the UAE is thriving. Consequently, multiple investors come to the UAE to create companies of different nature, also known as Gulf businesses. To clarify, a Gulf business is an enterprise established within a GCC country, abides by the economic guidelines of the GCC.

2. What is off-season and how does it affect Gulf Business?

Within the UAE, there are businesses with a wide range of activities. From textile business industries to event management agencies, you can find any type of company in the country. However, there is one type of company that is affected by the seasons, national holidays, and even the product they offer. That is seasonal Gulf Business.

In other words, a seasonal Gulf business offer products and services deeply related to a seasonal period of the year. Their production and sales peaks depend on the season, climate, and holidays. For instance, hotels, tourist facilities, or agricultural companies are seasonal Gulf Businesses.

In this sense, the off-season in the UAE is the lowest season, affecting both seasonal and non-seasonal businesses. These are periods when the productive capacity decreases considerably, affecting the processes and the business processes.

In the UAE, this period is mainly in summer. This is due to the celebration of Ramadan and the rise in temperatures in the Emirati territory often causing a brief recession in seasonal Gulf business which, if not properly prepared, could suffer serious consequences further on.

3. Which ones are the top 6 possible challenges Gulf business faces during the off-season?

Gulf Businesses face multiple challenges throughout the year, especially seasonal ones. The list of challenges is extensive but to sum it up, there are 6 main commonalities between seasonal and non-seasonal that can help you develop a functional business analysis later on. These obstacles are related with:

3.1. Relationships

Business relationships with suppliers and retailers are fundamental to company growth. Nonetheless, during the off-season, relationships between Gulf business and its suppliers can be affected due to low orders and decreased production.

3.2. Costumers

When starting a Gulf business, it is often difficult to attract new customers. In this case, the biggest challenge is not to attract new customers but to create loyalty among the current customer base to avoid losses during the off-season.

3.3. Planning

The planning stage is important in any Gulf Business functioning. It is not only essential to plan the actions to be taken in the off-season, but also to create strategies that fit the needs, goals, and performance of the company.

In the same way, it is necessary to find a strategy that allows taking full advantage of the peak season.

3.4. Alternative income

A Gulf Business that focuses on a single financial activity may face several problems during the off-season. However, diversifying activities without the right advice could be more problematic.

3.5. Operations

One of the latest challenges is production and manufacturing. Among them, declining production capacity, a decrease in investment capital, and a drop in personnel productivity are some of the operational challenges facing Gulf Businesses.

3.6. Consultancy and advisory

Finally, one of the strongest challenges is to find the right consulting and advisory services. Starting a business in the UAE without the right advice is complicated. There is a wide variety of new rules, laws, and UAE Company structures guidelines that foreign business owners must understand first. So, the right counseling is a must.

3.7 What are the other common challenges Gulf Business faces during the off-season?

In addition to the off-season, Gulf businesses, new and old, face other types of challenges throughout the work year in the UAE. Among them are:

  • Operating in a jurisdiction that fits the company’s needs
  • Finding a comfortable and cost-effective business center
  • Language barrier
  • Growing familiar with Islamic culture and traditions
  • Measuring production time and scope
  • Understanding tax laws and regulations
  • Obtaining a long-term visa, e.g. a Golden Visa and work permits.
  • Create long-lasting ties with local and international suppliers

Knowing the different challenges can make the difference between creating a successful Gulf Business and a faltering one.

4. What are possible solutions to the work challenges faced during the off-season?

Although the list of off-season challenges is long, they are not impossible to overcome. On the contrary, there are several solutions that you can apply to solve from the smallest flaw to prevent even bigger mistakes. Points by point, the solutions you can apply in your Gulf business are:

4.1. Create and maintain good relationships with your retailers and suppliers.

Building good relationships with your suppliers and distributors will allow you to weather the off-season better. For example, you can arrange for smaller orders to be placed at the end of the season. Also, have inventory delivered by the end of the peak product season by prior arrangement.

In this way, your Gulf business will have a large stock reserve and your distributors and suppliers can save money on storage, transportation, and warehousing.

4.2. Building brand loyalty

A good customer comes up with successful branding strategies. Using resources such as social media and mass media can help you attract new customers. However, solid branding allows you to build customer loyalty and transform them into repeat customers. In addition, provide them with a unique experience with every purchase.

4.3. Plan operations during each season.

Both low and high seasons are times that must be planned for a Gulf Business to succeed.

In other words, invest in your stocks and increase working hours to generate more capital during the peak season to produce a reserve that will protect the business during the off-season. Rely on your expertise and the objectives of your Gulf business.

4.4. Diversify the company’s revenues

During the off-season, production becomes slow. Therefore, relying on a single product or service can cause challenges in the process. Consequently, it is highly recommended to find different forms of income that are derived from the main product. For example, an event management agency can offer courses on micro-events planning during the off-season.

4.5. Avoid closing during the off-season

Despite the reduction of activities, it is possible to continue working for a while. A great alternative is generating off-season expectations that create interest in the audience. Among the options, you can create marketing campaigns and deals that keep the bar high for your customers and suppliers.

4.6. Find the right business advisory

Performing a business analysis of your business can make the difference between surviving the off-season and generating massive losses. Using a consulting, auditing, and accounting firm can help you create effective action plans. On the other hand, it will help you better understand the UAE financial ecosystem and improve your bottom line, reaching new horizons further on.

5. How can you establish a Gulf business in easy steps?

Now that you know more about the pros and cons of setting up a Gulf Business and working during the off-season, there are a few steps to follow.

To be clear, entering the Emirati economic market is relatively simple thanks to the wide variety of flexible options. Nevertheless, to do so, it is important to follow a series of steps first. However, the steps are simple and quick. This indicates that you will be able to have your gulf business in the UAE in a very short time. In general terms, the common steps you should accomplish are:

  • Delimit the nature of your Gulf Business
  • Apply for a license according to your activities (Trade, Service, or Industrial).
  • Choose a suitable workspace
  • Get a residence Visa. Some of the different options are Freelancer, Golden, or Property Visas.

6. Ensure the growth of your Gulf Business with business advisory

Finding the right advice can help your Gulf Business survive before, during, and after the off-season. An advisory firm is a good option to learn more about:

  • Business activities consulting
  • Corporate compliance matters:
  • Investment guidance
  • Creating marketing and sales strategies
  • Tech consultancy

7. How can we help you set up a Gulf Business in the UAE?

Establishing a Gulf Business is an excellent idea if you know the issues to be faced. The UAE is an investment paradise, no matter the challenges to overcome.  Setting up a successful business in Dubai, Sharjah or any of the Emirates Mainland or Free Zones can be easy thus the UAE welcomes foreign investors with open arms.

At Connect Zone, we are ready to reach out to you during the company formation process. With 20 years of experience in the UAE market, we are prepared to assist you in finding the right bookkeeping team or VAT registration, taxation, and consultancy services.

Likewise, our Local Partner services allow you to get in touch with a reliable local agent who specializes in UAE business setup.  In the same vein, our team is ready to fulfill your company’s needs and obtain a residential visa in a short time, providing you with expert service and support 24/7 at the best price.

Would you like to contact Connect Zone to help you set up a Gulf Business cost-effectively? Give us a call at +971 43 316 688. We will answer any questions you may have about the process and our services. Moreover, you can send an email to us at contact@connectzone.ae. One of our representatives will write you back to answer your questions as soon as possible.

Lastly, if you want to receive extra information, attach your resume or CV to thetalentpoint.com. Do not worry, your personal information will not be shared or stored in our database.

LLC structure in the Free Zone UAE

uae freezone company setup

The LLC structure in the Free Zone UAE allows investors and business owners to conduct their companies more easily. Consequently, this organizational structure provides large, medium, and small enterprises multiple benefits. Also, it helps entrepreneurs to establish their businesses in Dubai or any of the jurisdictions in the Emirates successfully.

In this article, you will discover all the pros of the LLC structure in the Free Zone. In addition, you will access the detailed list of requirements and demands that you must comply with to establish a company with the LLC structure in any of the UAE’s Free Zone. You will also learn:

  1. What does LLC mean?
  2. What is an LLC structure in the Free Zone?
  3. Benefits of LLC structure in company formation in Free Zone
  4. What type of licenses can you apply for with an LLC structure?
  5. Why form a company with the LLC structure in the Free Zone?
  6. Key steps to open an LLC in a Free Zone
  7. How can we help you find out which LLC structure in the free zone fits your company?

1. What does LLC mean?

There are different types of companies and business organization structures in the UAE. However, the Limited Liability Company (LLC) structure is the standard for business setup within Dubai, Abu Dhabi, and the rest of the Emirates.

Therefore, a Limited Liability Company is an organizational structure composed of a group of 2 or up to 50 persons whose liabilities are limited by their shares within the company. This allows organizations to form partnerships as equal members, being taxed in the same way.

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In the case of the UAE, foreigners must mandatorily ally themselves with a local sponsor who will hold 51% of the company’s shares while the foreign shareholder will hold 49% of the company. That is to say, the LLC structure in the UAE allows foreign investors to maintain 100% control of the company’s operations by partnering with a reliable, silent local sponsor.

On the other hand, the LLC structure in the Free Zone offers foreign business owners fewer limitations. For example, there are no restraints on the company’s location to operate. Likewise, foreign business owners have no restrictions on the number of real estate or the possible visas to opt for. Lastly, LLC owners are exempted from customs tax and minimum capital stock.

2. What is an LLC structure in the Free Zone?

Company formation in the UAE has its own rules and characteristics and Free Zones are not exempt from these rules. The LLC structure in the Free Zone allows foreign investors to set up a business following the regulations of the Free Zone where it is established.

Among them, there are Free Zone Establishment (FZE) or Free Zone Company (FZC) which are organizations governed by the operating rules of the Free Zone where it is established. Now, to take advantage of the benefits of the LLC structure in the Free Zone you must know the two main types of LLC structure that are accepted in the Free Zones.

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Firstly, there is the Free Zone Establishment Limited Liability Company (FZE LLC) which allows having only one shareholder. However, the Free Zone Company Limited Liability Company (FZCO LLC) allows business owners to form a group of several shareholders.

For example, an LLC structure in the Free Zone is recommended for entrepreneurs and investors who wish to work in the local market without worrying about debts or liabilities. Similarly, there are 45 Free Zones with LLC structures for companies. Choosing one of them will depend on the activities, number of visas, workforce, and the facility you want to use above all.

2.1 What are the differences between establishing an LLC in the Free Trade Zone or the Mainland?

In the same vein, the LLC structure in the Free Zone has slight differences with the Mainland in how to create and regulate organizations. Commonly, business owners choose to set up their enterprises in the Mainland due to some differences between company formation in the Mainland and the Free Zones.

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To clarify, there are 4 small details that you should be aware of before establishing your LLC structure company in Free Zone. Among them are:

  • Business conducting activities: Free zones can only operate within the Free Zone or outside the UAE. However, they may use a local distributor to distribute or trade with the company’s goods within the UAE jurisdictions.
  • 100% ownership: Free Zone LLC structure business owners can enjoy 100% ownership without resorting to a local agent.
  • Local authorizations and permits: Mainland LLCs need permits from local authorities to operate such as DED, MOL, DHA, or HAAD to say some. Nevertheless, Free Zone LLCs are usually exempt from this rule.
  • Rented space: Mainland companies must present a rental contract to establish in the UAE. However, this rule is not mandatory. LLC owners can set up in the Free Zone without using physical space.

However, there are main similarities in the LLC structure in the Free Zone and the Mainland which is that both areas offer protection for the investor (or group of investors) from the liabilities duties.

3. Benefits of LLC structure in company formation in Free Zone

Now that you know some of the main differences between the Mainland LLCs and the companies established in Free Zones with the LLC structure, it is time to learn the list of benefits. Let’s observe:

  • The shareholder is protected from liabilities, debts, or any setbacks
  • 100% company ownership without resorting to a local partner
  • Full repatriation of assets, capital, and profits
  • Exemption from personal, corporate, and income taxes
  • Access to easy, fast, and cost-effective recruitment options and a prepared workforce.
  • Access to multiple facilities and workspaces options
  • Option to opt for a 3-year residency visa
  • An extensive list of business activities
  • Option to apply for different types of licenses
  • Tax advantages by sharing it with a partnership member
  • Raising profits from an investors group

4. What type of licenses can you apply for with an LLC structure?

At the moment of establishing an LLC structure in the Free Zone, business owners have the possibility to opt for a trade license regardless of the type of LLC structure your company has, which cannot be done in the mainland.

Therefore, obtaining one of the different licenses offered in the UAE, along with an LLC structure, will allow you to protect yourself from any setbacks in terms of liabilities. Among the licenses you can choose from are:

The license you can opt for will depend on your company’s activities and business plan. For instance, an FZ LLC structure can opt for a professional license in case they are services providers.

5. Why form a company with the LLC structure in the Free Zone?

It is true that the UAE has become one of the largest and most prolific investment centers in the world. Consequently, the LLC structure in the Freezone allows foreign investors, entrepreneurs, and start-up owners to establish a business profitably without worrying about the repatriation of assets, customs duties, or high taxes.

Therefore, an LLC structure in the Free Zone is an opportunity for business owners to perform in the UAE market successfully. In addition, the formation of the company is much easier when you know the complete structure that the company will have. This will allow you to provide your services in the UAE smoothly and without risking large capital losses.

Click here to learn how to open a trading company in Dubai in 5 simple steps

Similarly, the LLC structure in the Free Zone allows the option of creating a partnership with local and more experienced entrepreneurs who can guide and assist you without hindering your participation within the company. That is to say, a local partner will help you with all the procedures, distribution, or selling of your products/services without you having to lose your ownership.

Finally, setting up a business in the UAE Free Zone is not an expensive option. The UAE has a pre-established economic model for company formation to attract expatriate investors. Typically, the cost of the LLC structure in the Free Zone is around AED 28,000. However, the final cost will depend on the nature of your business.

6. Key steps to open an LLC in a Free Zone

If you are thinking of opening a Limited Liability Company in one of the UAE Free Zones, there are a few steps to follow. In general terms, the steps are the same.

However, remember to study the guidelines and, above all, the company incorporation regulations of the Free Zone where you want to open your company. Here’s a short list of what you must do to establish your company:

  1. Research the business activities within the UAE and find out which ones fit your business plan and which ones fit your company.
  2. Choose a suitable type of legal entity for your company. You can choose between Free Zone Limited Liability Company (FZ LLC), Free Zone Company (FZ Co.), and Free Zone Establishment (FZE).
  3. Get an available trading name. Remember to follow the Free Zone guidelines according to enterprise naming.
  4. Decide in which of the Free Zones you would like to establish your business. It is also important to consider whether you would like to establish a physical office or if you want to opt for a Flexi-desk.
  5. Apply for a trading license. Remember that in Free Zone you can apply for three types. These can be a professional, commercial, or industrial license.
  6. Gather the necessary documentation. Among some of the paperwork, you should have your business license, name approval, and initial approval. However, the list is long and may vary depending on the Free Zone.
  7. Get a local partner to help you with all the procedures, supply, and distribution of your products/services.
  8. Apply to the labor registry and get your labor cards. If necessary, you can apply for a 3-year residency visa for yourself and your partners.

6.1. How to get a residence visa with an LLC in Free Zone

Furthermore, by establishing an LLC structure in the Free Zone you get the opportunity to apply for a 3-year residential visa in the Free zone where you establish your business. That is, you become eligible for an investor’s visa.

Likewise, you can apply for multiple visas for yourself, your family, and your employees according to the guidelines of each Free Zone. The conditions will depend on each Free Zone guidelines. Nevertheless, there are different ways the investor’s visa can help you establish your personal and professional life in the UAE.

7. How can we help you find out which LLC structure in the free zone fits your company?

LLC structure in the Free Zone, as you can see, is not just a way to delineate the internal structure of your business. It is an opportunity for growth within the UAE business world. Therefore, we want to help you in the process of incorporating the company in any of the Free Zones.

The Connect Zone team is ready to assist you before, during, and after the company incorporation process, ensuring a smooth and successful process. We offer services to find the best business center and local partner for you.

We are also prepared to offer you different PRO services packages tailored to your needs. So you won’t have to worry about legalities or government issues during company formation.

Would you like to contact Connect Zone to know more about the LLC structure in the Free Zone? In case you have any questions, call us on +971 43 316 688. Moreover, you can email us at contact@connectzone.ae, and you will talk to one of our representatives who will answer your questions.

Also, if you would like to receive detailed information, please send your CV or resume to thetalentpoint.com. You have nothing to worry about. We will not store or share your personal information.

List of top IFZA services

IFZA

The International Free Zone Authority Free Zone (IFZA) in Dubai has become a thriving investment hub in the UAE market. However, to start a Company in this area, you’ll probably require some permits, licenses and equipment first. Therefore, Dubai authorities, along with IFZA, created a huge range of options, also known as IFZA services, to help entrepreneurs in a business setup.

In this article, you will learn everything about IFZA’s top services and how to use the different licensing, visa, facilities and packages they offer so you can establish a successful organization in IFZA Free Zone. In addition, you will also find out more about:

  1. What is International Free Zone Authority (IFZA)?
  2. Why investors are choosing IFZA Free Zone for business setup?
  3. What are IFZA services?
  4. Top IFZA services for shareholders and employees
  5. Top benefits of IFZA services for Company formation in Dubai
  6. How can we help you access IFZA services?

1. What is International Free Zone Authority (IFZA) Free Zone in Dubai?

Originally founded in Fujairah, the International Free Zone Authority (IFZA) is located in the heart of Dubai to allow shareholders and employees easier access to this city’s booming market. From the beginning, IFZA’s main goal has been to provide a tax-friendly, cost-effective ecosystem for small and large entrepreneurs alike.

Thanks to its high rate of profitability, IFZA has emerged as an appealing Free Zone for business setup. Therefore, it offers entrepreneurs and business owners a huge range of platforms and high-end infrastructure to work within the UAE market.

Access here to a full guide of trade-license-renewal in Dubai

Although it’s one of the youngest Free Zones of Dubai, IFZA has positioned itself as one of the best financial, marketing and counseling service holders in Dubai by helping local and foreign entrepreneurs to start a business within the IFZA free zone.

To sum up, IFZA welcomes local and foreign business owners with open arms and, most importantly, gives them the opportunity to expand and enter smoothly into one of the most competitive and prolific markets in the world.

2. Why investors are choosing IFZA Free Zone for business setup?

Certainly, IFZA has gained popularity among visionary investors and entrepreneurs. However, strategic location for Company formation, tech hubs, transitioning employees and mature companies is not the only reason investors are choosing to set up businesses here. It is also one of the cheapest Free Zones in Dubai.

Likewise, business owners choose to set up their businesses in IFZA Free Zone for other compelling factors, which are:

  • Possibility to get a 3 years residency visa for shareholders and employees in the UAE
  • Company formation service packages
  • Financial growth opportunities
  • Dealings with local and foreign investors
  • Opportunities for access to training programs
  • A focused mindset on environmental preservation and sustainability
  • Easy access to IFZA services

In addition, establishing your business in IFZA allows you to combine professional and commercial activities in a hassle-free manner. So, whether you are a visionary digital entrepreneur or the CEO of a multinational trading enterprise, the opportunities IFZA Free Zone offers you are enormous.

3. What are IFZA services?

In order to attract more investors, IFZA Free Zone authorities created IFZA services. It is a long list of services to support and guide start-ups, entrepreneurs and organizations in their Company formation and setting up processes in Dubai’s digital and physical business world.

Learn how you can start a business in Dubai in just a few steps

These services are specially designed to enable business owners to establish themselves smoothly in the UAE. Most importantly, IFZA’s services, facilities, licenses, and packages guarantee local and foreign investors a fast, secure, short, and above all, efficient entry into the UAE market.

4. Top IFZA services for shareholders and employees

From comfortable workspace and warehousing facilities with high-level equipment to full counseling, processing, and issuance of Company formation packages, IFZA services cover a long list of possibilities so investors can streamline the process of setting up a company in Dubai.

Discover 5 simple steps to open a general trading Company in Dubai

Amongst the main IFZA services are:

  • Different types of business licenses
  • Visa processing and issuance for entrepreneur and start-up owners
  • Access to business facilities
  • Ability to access workspaces and storage spaces
  • Business Set-Up affordable packages

In addition, IFZA services are not just limited to granting licenses, visas, and affordable facilities. IFZA Free Zone is deeply concerned about the growth of the companies that establish themselves in Dubai. For this reason, it also offers training and educational programs for entrepreneurs to improve their position in the Emirati market further.

4.1 Type of Licenses

Like every Free Zone in the UAE, you will need a license to operate freely in the IFZA Free Zone. This may vary according to the services or goods your company works with. However, one of the advantages IFZA licenses have is the possibility to perform 3 to 7 business activities using just one license.

On the other hand, there are around 1,000 activities business owners can perform with a single license so, it does not matter if you own a consulting and service provider organization, small e-commerce or a multinational goods trading company, there is a specific type of license so you can work in IFZA Free Zone.

Therefore, the different types of licenses you can request are:

·         Consulting License:

This type of license is highly recommended for companies that offer consulting services in any professional field. The most common professions that usually apply to it are education, marketing, bookkeeping, and legal services.

·         General trading license:

It allows you to trade, import, export, selling and store goods freely and flexibly within various jurisdictions of the UAE. It is recommended to take out a general trading license to perform trading activities under a single license, especially if you are offering several products. Also, if you own an e-commerce business, you should apply for this license because IFZA Free Zone does not consider digital commerce as a different activity.

Learn more about professional license in Dubai by clicking here

·         Holding license:

Allows Company owners that hold assets or have shares in other companies to control their assets. For instance, businesses that work with real estate, stocks, trademarks, and patents should apply for it.

·         IFZA Service license:

It is made for conducting service-oriented business. To clarify, experienced professionals with a degree or proven skills in a specific area can offer their services. For example, a marketing freelancer.

·         Trading license:

Contrary to the general license, the trading license allows importing, exporting, distributing and storing only one asset. For instance, a single license to export furniture.

4.2 Visa Services

If you want to establish a physical space for your business, one of the IFZA services offers is the chance to opt for a lifetime investor visa to set up a physical space for your business.  Therefore, IFZA services provide investors a chance to get 1 free lifetime investor visa or a VIP stamping of a visa for entrepreneurs.

Here you can learn more about why document clearing is so important to business setup in Dubai

The cost is around AED 3,750, whether you are a business owner or an employee. On the other hand, IFZA always renews its promotions and prices to help investors who want to start their businesses. Another perk of IFZA visa services is the possibility to access a residence visa for investors and transition employees that establish themselves in IFZA free zone.

4.3 Business facilities

One of the most common problems that small business owners face during Company formation is owning physical space to establish their business. As a result, IFZA services include multiple spaces, physical and digital, to optimize work, improve productivity and store goods safely.

Among the different types of spaces/warehouses IFZA services offer are:

  • Virtual office: This is a package that includes a wide range of services for digital work without worrying about a physical space. For example, an email address, phone number, call handling and more.
  • SmartDesk/Flexi Desk: This includes a shared workspace with all the commodities such as AC, Wi-Fi, furniture and more. Most of them are located in the Silicon Oasis area, Dubai. Consequently, a huge benefit is that your company will have a business address.

Click here you can learn more of how Company ownership in the UAE works

  • Warehouse: In case a business owner needs a storage place for their goods, IFZA services offer multiple warehousing spaces for your raw or manufactured assets.
  • Full Office: Finally, IFZA offers medium and large-companies an opportunity to transfer their assets and employees to a physical space perfectly adapted to the company’s needs.

In addition, there are other facilities you can choose from such as residential apartments, hotels, and retail outlet options. It will all depend on the needs you have.

4.4 Packages

Finally, among IFZA’s greatest advantages are the company formation packages within the IFZA Free Zone.  As a result, your company’s training process will become easier and simpler.

The packages will not only help you to successfully establish your company but also help you to access special training to take your organization down the right path and create a thriving business in the market.

Discover more about how to get a UAE residence visa here

Some of the packages include special services that go from zero visa companies to multiple visa options.

5. Top benefits of IFZA services for Company formation in Dubai

IFZA services appear as an option to help small and large business owners and entrepreneurs to set up a business successfully in Dubai and thrive above all. To know some of the perks IFZA services have to offer, here’s a short list:

  • Quick company registration
  • No extra requirements for physical facilities
  • More than 1,000 business activities
  • Competitive prices
  • 100% foreign ownership
  • No foreign currency restrictions
  • Possibility of goods, assets, and Company assets repatriation
  • Access to visa and non-visa packages
  • Document attestation
  • License upgrade service
  • Amendments service
  • Possibility of working with national and foreign investors
  • Low corporate and income taxes rate
  • No need for the shareholder physical presence to business setup
  • Immigration counseling services
  • Access to affordable workspaces and warehousing facilities
  • No employee guarantee deposit required
  • Little document requirement

6. How can we help you access IFZA services?

Now you are more aware of all the benefits of the IFZA free zone and you know all the services IFZA has to offer, it’s time to step up your game and start your own Company in Dubai entrepreneurial market.

Therefore, you must find a helping hand to access successfully all the multiple IFZA services available. Connect Zone is prepared to assist you during the entire Company formation process.

With more than 20 years of experience, our main goal is to aid you in the business setup process and ensure every part of it runs smoothly. On the other hand, we also offer payroll, HR management systems, and WPS services at an affordable cost. In addition, we offer the best payroll software possible for your business.

Likewise, in case you require a local partner in the IFZA free zone, we offer a local partner service to establish your business and work with local investors.

Would you like to contact Connect Zone to know more about IFZA services? In case you have any questions, call us on +971 43 316 688. Moreover, you can email us at contact@connectzone.ae, and you will talk to one of our representatives who will answer your questions.

In addition, if you would like to submit your CV or resume, please enter to thetalentpoint.com to receive more info. There’s no need to worry, your information won’t be shared or stored.

DMCC Free Zone Company/Business Setup – the Ultimate Guide

Business Setup in Dubai Freezone

Dubai is indeed a haven to unlock any company’s potential. Likewise, the Free Zones in Dubai offer entrepreneurs a destination to thrive. In this regard, the Dubai Multi Commodities Center, also known as the DMCC Free Zone, stands out as a favorite among investors, offering them an easy alternative to create thriving organizations within the UAE.

In this article, you will take in everything about the DMCC Free Zone business setup and learn why the DMCC Free Zone is the best option to start a general trading company from scratch and how to get a quick rise in the Dubai business market. Let’s observe:

  1. What does DMCC stand for in Dubai?
  2. DMCC Free Zone vs. other Free Zones
  3. Activities and products allowed in the DMCC Free Zone
  4. Why start a business in the DMCC Free Zone?
  5. Set up a company in the DMCC Free Zone successfully
  6. the DMCC Free Zone Company setup cost
  7. How can we help you with the DMCC Free Zone Company setup process?

1. What does DMCC stand for in Dubai?

One of the UAE’s most successful strategies to attract foreign investors to its borders was the creation of Free Zones. These customs-free areas are geographical space within an Emirate that permits different business activities. In the same vein, Dubai has several Free Zones, being one of the most famous the DMCC Free Zone.

Dubai Multi Commodities Center (DMCC) is one of 20 different Free Zones that exist all across Dubai. This entity is the largest Free Zone in all the UAE and has several awards for its rapid financial development.

Do you know how to get a professional license in Dubai? Learn the full process here

The DMCC Free Zone was established in 2002 to provide local and foreign investors a place for business growth, becoming a global commodity trading hub. Likewise, in 2021, it broke records by reaching 18,000 registered companies, turning into “the world’s fastest-growing Free Zone” according to the Financial Times fDi Magazine for the fourth time in a row.

2. DMCC Free Zone vs. other Free Zones

When it comes to general trading business setup, more than 170 companies choose the DMCC Free Zone as their preferred business destination. Also, it offers entrepreneurs multiple options of physical workspaces, a thriving market, and a high-level infrastructure to establish their businesses.

Located in the heart of Jumeirah Lake Towers, the DMCC Free Zone has become the most well-known free zone in Dubai. Although Dubai Airport Free Zone (DAFZA) or Dubai Silicon Oasis Authority (DSOA) can be great options for company formation too, the DMCC Free Zone is the most competitive jurisdiction in Dubai.

To sum up, the DMCC Free Zone is a top choice for investors, multinational companies, and small enterprises due to the extensive list of trading and business activities it has to offer. From precious metals trading to cryptocurrency organizations, the DMCC Free Zone is the perfect destination for any general trading company.

3. Activities and products allowed in the DMCC Free Zone

As a general trading hub, the DMCC Free Zone permits companies to establish themselves without problems. However, by being an area focused on general trading, they have a long list of products that can be traded within the Free Zone jurisdiction and outside the UAE.

Some of the most important are:

  • Vehicles and automotive parts trading
  • Food and groceries
  • Water
  • Clothing, accessories, and shoe trading
  • Medical supplies and medicines
  • Heavy machinery
  • Gold
  • Precious metals and stones
  • Industrial materials for laboratories
  • Tools for the creation of films, TV, and radio programs
  • Computer parts and software development equipment

3.1 Business activities

On the other hand, the list of activities is not far behind. Among some of the activities that can be carried out within the DMCC Free Zone are:

  • Insurance Brokers
  • Consultancy services
  • Web-design
  • Software development
  • Accounting
  • Bookkeeping
  • General production services
  • Fashion and graphic design
  • Photography
  • Event management
  • Real Estate Brokerage
  • Traveling and hotel counseling
  • Construction
  • Energy
  • Shipping services

The list goes on and on. Therefore, there is a huge amount of products and business activities that you can perform within the DMCC Free Zone; you just need to find the suitable one for your company.

3.2 Cryptocurrency

One of the new activities recently added to the long list of trading assets is cryptocurrencies. In this way, the DMCC authorities allowed thousands of crypto-entrepreneurs to establish a new precedent never seen before in the Emirati territory.

Discover here the Top 10 ideas to start a business in the UAE

As a result, the creation of the DMCC’s crypto center allows obtaining a license to work with cryptocurrencies. But, in order to operate, list, and trade any cryptocurrency it is necessary to obtain a license first.

Therefore, the crypto activity licenses granted by the DMCC Free Zone are:

  • Distributed Ledger Technology Services: Allows business owners to offer data management and ancillary services based on distributed ledger tech like Blockchain. However, trade-in activities, currencies and cryptocurrencies exchange, brokerage, payment processing or any other type of financial activity is not allowed with this license.
  • Trading activities in Crypto-communities: Allows carriers to exchange crypto-assets in applications that allow it. Nevertheless, any type of financial activity such as banking, brokerage or financial services, payment processing, or providing storage space is prohibited.

Also, the DMCC Free Zone is the only Free Zone in the UAE that allows cryptocurrency trading. Therefore, if you are an entrepreneur with an eye towards this digital currency, DMCC is the perfect spot to establish a business.

4. Why start a business in the DMCC Free Zone?

Starting a business in the UAE is an easy process if you choose a Free Zone that suits your company’s goals and business plan. Therefore, the DMCC Free Zone grants wide access to one of the most prosperous financial hubs in the world.

Do you know all the benefits of the UAE Golden Visa? Read everything about it here

With a strategic location, flexible taxation, and thousands of tourists visiting it each year, the DMCC Free Zone offers large and small entrepreneurs a place to thrive in a short time. Consequently, the DMCC Free Zone company setup is a complete package of options for any type of investor, enterprise, or start-up.

Likewise, opening a general trading company in the DMCC Free Zone is a perfect alternative for those businesses focused on importing and exporting goods. Thanks to its strategy focused on the global trade of goods, it is a perfect destination for entrepreneurs who wish to succeed in the UAE trade market.

Among other benefits this free zone has are:

  • 100% company ownership
  • Less likelihood of capital loss by allowing full repatriation of assets.
  • No corporate, import, or export taxes
  • Multi-activity licenses
  • A long list of trading activities
  • Possibility to perform the business setup process remotely
  • Quick and simple licensing process
  • Possibility to opt for an investor’s Visa for yourself, your beloved ones, and your business partners
  • Access to multiple workspaces such as Flexi desks, storage units, and service offices
  • Opting for a 3-year residence visa

5. Set up a company in the DMCC Free Zone successfully

Now that you know more about the DMCC Free Zone and its benefits for foreign investors, it is time to take that life-changing decision and set up a business in one of the most thriving Free Zones all over Dubai.

Click here to read how you can set up an e-commerce business in Sharjah Free Zone

If you are thinking of establishing a new company or a subsidiary in the DMCC Free Zone, the business setup process is very simple. Moreover, the whole procedure is designed to be fast, clear, easy, and, above all, cost-effective.

5.1 Delimit your company’s activities and apply for a license.

Any organization or business that wants to establish in the DMCC Free Zone must opt for a license in accordance with the nature of its operations. There are different kinds of licenses you can apply for. Among them are:

  • Trade License
  • Service License
  • Industrial License

Each one has specific requirements on the activities that can be performed under it. However, they can include 6 different activities in the same area. Likewise, the DMCC Free Zone’s licenses can have 1, 2, and 3 years validity.

5.1.1 Dual License option

On the other hand, one of the major benefits of opting for a license in the DMCC Free Zone is the possibility of obtaining a Dual License. This type of license allows entrepreneurs to extend the business to the Mainland without resorting to a partner.

Learn everything about establishing a textile business across the UAE by clicking here

Similarly, the dual license allows investors to set up a branch outside the free zone. It is also an economical and time-efficient option. However, to obtain a Dual License it is mandatory to have any of the DMCC licenses and a mainland license.

5.2 Applying online

The DMCC Free Zone allows business owners to fulfil the complete company formation process online. To do so, you must submit the filled application form, a valid trading name, pay an AED 1,035 initial application fee and submit your application through the Free Zone website.

5.3 Filing the documents and paying the fees

One of the last steps in setting up a company in the DMCC Free Zone is to file the appropriate documents and pay the registration and license fees.  Among the documents you will need are:

  • Copy of passport
  • Utility bill
  • CV or resume
  • A detailed business plan of the different activities of the company

Other documents you might need are:

  • Copy of parent company documents
  • UAE Residence Visa or Emirates ID copy (if applicable)
  • Company’s valid address in the DMCC Free Zone (post-registration)

5.4 Choose a suitable workspace for your business

Finally, it is essential choosing a workspace to give a physical address to your business within the UAE. There is a wide range of facilities that you can buy or rent. Also, there are different types of spaces that you can occupy, including single units to multi-store.

Nevertheless, there are multiple options for large and small companies. You also have options for a warehouse facility, an executive office, and a service desk.

6. DMCC Free Zone Company setup cost

As one of the most competitive Free Zones out there, the DMCC Free Zone company setup price can be a little higher than usual. However, it is still affordable for start-up owners, executives, and entrepreneurs.

Discover the ultimate guide for getting an E-version of Emirates ID here

Consequently, the business setup should cost around AED 50,000 in total. There is also the possibility of opting for DMCC company formation packages to speed up the process and decrease costs. However, the price may vary according to the needs of each company and the license the organization requests

7. How can we help you in the the DMCC Free Zone Company setup process?

To sum up, the DMCC Free Zone is one of the best alternatives to establish a business. As a possible location for your business, it has multiple growth options to offer you. In addition, it is perfect to create a home. With thousands of places, experiences, and cultures to know, the DMCC Free Zone is a place to recreate, work, and achieve a better lifestyle.

Therefore, if your new goal is to settle in the DMCC Free Zone, at Connect Zone we are more than ready to reach out to you. Our expert team is prepared to assist you 24/7 during the company formation process, guaranteeing the best results in a short time and at the best price in the market.

Of course, you will also need advice after settling in the UAE. In that case, we are ready to help you with our Pro services. Moreover, we offer different Freelancer Visas services in case you are a remote worker with a view to settle in the UAE soon.

Would you like to contact Connect Zone to help you open Dubai free zone and across the UAE? In case you have any questions, call us on +971 43 316 688. Moreover, you can email us at contact@connectzone.ae, and you will talk to one of our representatives who will answer your questions.

For more information, please attach your CV or resume to thetalentpoint.com. Don’t worry, your personal information will not be stored or shared.

How to get an event management license in Dubai?

Event Management

The Dubai event management market is booming. In most parts of the Gold City, you can find great amounts of people attending huge tech showcases, luxurious weddings, or investment conventions. As a result, many event planning professionals come to the UAE and get an event management license in Dubai to set up their own businesses.

In this article, you will learn everything about how to get an event management license to work in Dubai Mainland or any of the Free Zones. Likewise, the different documents and requirements you might need. You will also discover more about:

  1. What does an event manager do?
  2. Why invest in Dubai’s event management market?
  3. Why do you need an event management license to work in Dubai?
  4. Step by step process for event management license application
  5. Use of event management license to apply for visas
  6. How can we help you get an event management license in Dubai?

1. What does an event manager do?

Behind every successful event in the UAE, there is a mastermind who backs it up with a good action plan. That is to say, event managers. They are professionals who focus on organizing, planning, supervising, and evaluating social, promotional, or corporate events according to their client’s requirements and expectations.

The event manager’s main role is to ensure everything runs smoothly and on schedule. Regardless of the event type, event managers seek to efficiently draw in the target audience and make sure their experience is memorable and enjoyable.

Click here to learn everything about how to set up offshore companies in Dubai

Moreover, among other activities individual event managers or event management companies take care of are:

  • Creating a detailed action plan that meets the client’s demands, needs, and goals for the event.
  • Assigning and supervising staff activities
  • Monitoring that the event’s schedule is followed to the letter.
  • Submitting a format with the post-evaluation of the event to the client. Event managers also conduct this assessment.
  • Contact special guests, speakers, lecturers, and any other type of host or entertainment figures.
  • Meeting constantly with clients to learn exact specifications for the event.
  • Preparing several itemized proposals that include timelines, possible locations, legal constraints, staffing, and budget
  • Arranging facilities such as parking, traffic control, security, transportation, first aid, entertainment, and media.
  • Supervising the equipment dismantling and removal. Also, clearing the venue efficiently
  • Constantly seeking new customers and opportunities
  • Providing hotel reservations for attendees, special guests, speakers, or hosts.
  • Promoting the event in social media, press, and other means.
  • Ensuring the sale of tickets or receipt of invitations.

1.1 What kind of projects can an event manager in Dubai do?

There is a wide range of activities that an event management company can carry out in Dubai. Consequently, thanks to the wide variety of renowned organizations, start-ups, tourism destinations, and VIP options, event managers can organize:

  • Conferences
  • Seminars
  • Showcases
  • Concerts
  • Fashion shows
  • Theatre performances
  • Product launches
  • Corporate events, such as parties, trips
  • Trade fairs
  • Weddings
  • Award ceremonies
  • Gala dinners/parties
  • Conventions

2. Why invest in Dubai’s Event Management Market?

Dubai is a city full of life, tourism, and investment opportunities. Throughout the year, more and more companies, organizations, entrepreneurs, and regular people hold high-style promotional, business, or social events across its Mainland and Free zones.

Therefore, establishing yourself as an event manager in Dubai can be a great opportunity. By doing so, you will get access to a market full of local and foreign shareholders who need to promote, organize and optimize their workshops, trips, conferences, seminars, and other events.

Here you can discover how to get an e-trader license in Dubai mainland in a short time

Furthermore, setting up an event management business in Gold City is a cost-effective option to increase your corporation’s potential and reach new heights. Thanks to the different license packages the UAE offers to entrepreneurs, event management business setup cost remains low.

Lastly, by obtaining an event management license in Dubai, you have the possibility to apply for a long-term residency visa for you, your employees, and your beloved ones easily and in a short time.

 3. Why do you need an event management license to work in Dubai

One of the reasons event managements business owners require an event management license in Dubai is to provide a clear, legal, fair service to their local and foreign clients. In this sense, the event management license grants major credibility to event planning companies in the different UAE jurisdictions, allowing them to work seamlessly and hassle-free.

Discover a top 10 business ideas to set up a company in Dubai 

Similarly, after gaining this license you will have access to the rest of the services found in the license packages such as Flexi-desks, warehousing facilities, residential visas, and an extensive list of national and foreign potential customers.

4. Step by step process for event management license application

Before formally applying for an event management license in Dubai, there are some steps you must follow to make the whole process go smoothly. For example, collecting some documents, establishing your business plan, choosing an available name for your company, and paying the corresponding fees.

Another key point is picking in which of the Dubai jurisdictions you would like to set up your event management business. Remember to choose a location that matches your organization’s mission, vision, and objectives and that you feel comfortable in.

In short, after completing each one of these steps, and with the right counseling, you will obtain your event management license in a short time.

Step 1: Summarize your event management company’s operations

There is a wide range of activities that event managers can undertake in Dubai mainland and free zones, such as event promotion, organization, or post-event evaluation.

However, some of them are restricted. In order to avoid banning and penalties, write down and submit the services your event management company performs. This will also help you adjust your company to the UAE guidelines.

Therefore, to obtain your event management license in Dubai successfully, the activities you should avoid are:

  • Importing or exporting products
  • Facility management
  • Training activities
  • Talent agency-related activities
  • Organizing an event without prior approval from the local authorities

Step 2: Choosing an available name for your enterprise

Although it may seem irrelevant, this is an essential step. It is important that your organization’s name complies with the rules of the UAE territory.

Therefore, be sure to pick a name that is unique and available within the Dubai registries. Likewise, avoid using any offensive or blasphemous words or making references to renowned organizations or companies.

Click here to discover how you can get your own E-Version of Emirates ID

In case you want to use your personal name for your event management company, use your full name. That is to say, initials or abbreviations are not allowed.

Step 3: Choosing the right business set up area

When getting up an event management license in Dubai, there are two possible zone options available to consider: A Dubai Free Zone or Dubai Mainland. Both of them offer different advantages, benefits, and business setup options for event management organizations.

First, Free Zones are cost-effective jurisdictions. Exemption from customs duties, full repatriation of goods, profits, and invested capital, no personal and corporate income taxes, and no currency restrictions are some of the advantages provided by areas such as Dubai CommerCity, Dubai Design District, or Dubai Gold and Diamond Park.

However, Dubai Mainland company formation’s main attraction is the possibility of trading directly with the local market without using a local agent (which cannot be done in Free zones).

Learn more about how to get a Partnership VISA in Dubai by clicking here

However, no matter which one you choose, both options are a good place to create an event management corporation. Both the free zones and Dubai Mainland are strategically located, allowing easy access to the technology, investment, fashion, artistic and social markets.

Also, in both locations you will have full availability to high-standard facilities, offices, and warehouses, fully equipped with the best technological and digital devices.

Step 4: Gathering, organizing, and submitting requested documents

There is a short list of papers you will need to submit for an event management license in Dubai which include:

  • Filled event management license application form
  • Passport copy of owners
  • Business partner Passport copy (if any)
  • Two color Passport-sized photographs
  • Initial approval copy from government authority
  • Trade name registration certificate

Step 5: Pay the required fees

One of the last steps to formally apply for the event management license in Dubai is to pay some small services fees. The amount may vary depending on the jurisdiction where you apply for the permit, but it is around AED 14,500 – AED 15,000.

Some of the formalities you will have to pay for include:

  • Business license
  • Name approval
  • Initial approval
  • LSA notary fees
  • Company seal
  • Tasheel Fee
  • Company service
  • Documentation

On the other hand, if you are applying for an event management license in Dubai for the first time, it might be a good idea to add advisory service fees to the above list.

Step 6: Formally apply for the license

Once you have completed all the previous steps, you can formally apply for an event management license in Dubai. Depending on your organization’s needs, you can opt for a full license package or a non-visa license.

Click here to learn how to get a 5 multiple-entry tourist Visa in the UAE

Another advantage that Dubai event management licenses have is the option to keep working remotely in case you need to. However, the full license package includes access to Flexi-desks, which provides equipped facilities with Wi-Fi, mail services, internet, and telephone usage so, your business can have an address in the UAE territory.

5. Use of event management license to apply for visas

Lastly, if you want to set up a physical office in Dubai and supervise personally your event management company, you have the option to apply for a residence visa using your event management license.

The maximum number of visas you can apply for will depend on the package you choose, the number of employees, and the size of your company. Moreover, you can also serve as a sponsor for your family (children, spouses, or parents) to bring them to the UAE.

6. How can we help you get an event management license in Dubai?

To sum up, now you have better knowledge of how to get an event management license in Dubai, you can start planning your company’s entry into one of the best markets for event planning worldwide.

To achieve this, you will need to find the best consultancy team to set up your event planning business in Dubai quickly, safely, and effectively. With over 20 years of experience, Connect Zone has experience helping small, medium, and large companies to establish themselves in the UAE local market at the best price.

From VAT registration system to local partners, we ensure 24/7 support during the entire company formation process. In addition, with our Pro services, you will enjoy continuous advice after entering the Emirati market.

Would you like to contact Connect Zone to know how to get an event manager license in Dubai? In case you have any questions, call us on +971 43 316 688. Moreover, you can email us at contact@connectzone.ae, and you will talk to one of our representatives who will answer your questions.

Likewise, if you would like to receive extra information, send your CV or resume to thetalentpoint.com. Don’t worry; your personal information will not be stored.

Top 10 Potential Business Ideas to Start Business in Dubai UAE

Since the advent of Covid-19, economies all across the globe have suffered a significant impact. This automatically lowered the spirits of potential entrepreneurs with new business ideas to start in Dubai. As a result, many are looking for ways to establish a company in Dubai with a bit of initial cost.

In this article, you will learn everything about potential business ideas to start a business in Dubai, UAE. Despite the epidemic wreaking havoc on the business community, businesses have discovered new and imaginative methods to stay in business and do business in Dubai. Let’s observe:

  1. Manufacturing.
  2. Tourism Services.
  3. Cleaning Business.
  4. Consultancy services.
  5. Digital Printing.
  6. E-commerce.
  7. Construction Business.
  8. Digital Marketing.
  9. Handyman Services.
  10. Beauty salon.
  11. How can Connect Zone help you to Start a Business in Dubai?

1. Manufacturing

The limits imposed by the epidemic have reshaped the retail economy in a variety of ways. The methods have altered, from limiting the number of individuals who may be in shops at one time to restricting the sampling of promotional samples to entice prospective buyers.

However, there is still a high need for Covid-19 necessities, including face masks, hand sanitizers, gloves, PPE suits, immune boosters, and vitamins. And company owners have been eager to respond.

Many existing firms, including those in the food and beverage and retail sectors, have added new business verticals and established their manufacturing facilities to meet the rising local demand for such necessities. These necessities will continue to be in high order.

The universal development of production and commerce has grown demanding in an increasingly globalized corporate environment. The UAE is no different, and it has already recognized the advantages of expanding its manufacturing industry.

Industrial health measures during corona virus pandemic.

The manufacturing sector presently contributes 14 percent of GDP, and the UAE has aspirations to grow this to 25 percent in the next 15 years. Significant investments will be made in petrochemical, fertilizer, and metal manufacturing, in particular.

Discover what happens to currently limited liability companies?

2. Tourism Services

Dubai has risen to the top of travel bucket lists, with over 16 million people visiting the city for various reasons. This covers business, pleasure, and health.

Even during the epidemic, the city was among the first to open its doors to guests after assuring that all safety precautions and standards were followed. Economic activity quickly recovered thanks to Dubai’s imaginative leadership.

Tourists are expected to throng to the city in December 2020 to avoid shutdown weariness. In December, hotel occupancy rates in Dubai increased to 71%. As a result, small travel company ideas that provide specialist services such as visa processing and lifestyle management are possible.

Several forms of studies on the tourist business in Dubai have been undertaken. They have, however, failed to identify the functions that the tourist sector plays in Dubai. The present study’s goal is to investigate the roles of tourism in Dubai and the growth of tourism.

The present study analyses the facilities, strategy, and culture that contribute to the success of Dubai’s tourist business.

Learn more about how can someone start a textile company in Dubai?

3. Cleaning Business

It is not difficult to establish a cleaning firm in Dubai. Examine the infrastructure, investment, and labor needs. Choose the one that is best for you. You may require heavy equipment, a large workforce, and a solid infrastructure for an industrial cleaning operation.

Dubai is undoubtedly home to various aspiring enterprises in the area, one of which is a cleaning company established in Dubai. This is by far the most cost-effective choice for establishing a business in Dubai.

In the last decade or so, the business volume has expanded fast by a factor of 35 to 45 percent. The cleaning industry aspires to offer dependable cleaning services to both people and businesses.

Cleaning is not a chore that everyone enjoys. Because most Dubai inhabitants are working class and have busy lives, they seldom have time to tidy up. Hiring professional cleaners has become the standard in Dubai. Cleaning firms have always been in great demand in Dubai and the rest of the UAE.

If you want to start a cleaning business in Dubai, some specific consultants can help you with the legalities. Setting up a cleaning firm in Dubai is a cost-effective and straightforward process if you seek the assistance of particular consultants.

Learn More  : Get your E- trader license in Dubai Mainland – [2021 Guide]

3.1. Cleaning Service types

The Dubai government has made it extremely simple for cleaning services to get a license in Dubai. There are a few sectors in which you may run a cleaning service, and it is entirely up to you which one you choose.

There are three significant industries to consider when beginning a cleaning company in Dubai. To assure the firm’s development in the area, the cleaning company assumes a particular set of skills. These industries are as follows:

  • Car washing
  • Industrial cleaning service
  • Cleaning service for:
    • businesses
    • homes
    • the sea and beach
    • Buildings
    • streets
    • Yachts
    • Advertising Signboards
    • Runways and Roads

Here you will find out how to create a business plan.

4. Consultancy services

The professional sector received around 27,307 business licenses from the Dubai Economy, accounting for 64% of the overall share. Whether you have a degree in psychology or clinical nutrition or are equipped to teach interpersonal, the moment has come to put your company’s beginning ideas into action in Dubai.

It should be noted, however, that even internet operations need Dubai company registration. A critical condition for establishing a consultancy Company in Dubai is that the company’s owner has a comprehensive higher education in the same sector.

The consulting business is a kind of activity in which the primary goal is to offer consulting services to private individuals and companies in various fields. This might be a solution to any financial, legal, commercial, technological, or other issues.

Mastering all levels of operations is difficult; there are usually specialties in corporate consulting, management consulting, IT consulting, industrial consulting, logistics consulting, and shipping consulting, and so on.

The primary goal of consulting services is to examine and address difficulties that a customer is experiencing, impeding the growth of a company or that cannot be handled by an entrepreneur or a private individual due to a lack of time, expertise, or other factors.

There are excellent investment prospects in the UAE. Still, sometimes outside investors lack sufficient understanding of the local business environment, private equity operations and hence need advisory services from local specialists for successful strategic planning.

How do you start a consulting business? The procedure of registering a corporation is similar to that of writing any other company in the UAE – it is fast and straightforward.

Read more about why does my company need an E-Trader license?

5. Digital Printing

The printing sector in the area has long struggled with supply over demand due to a flood of new entrants and credit period troubles imposed by customers. However, there may be a silver lining for printers as a result of the current turmoil.

The need for labels, printed directions, stickers, and social distancing fit-outs for the hotel, healthcare, entertainment, and retail sectors has generated a whole new market. As a result, establishing your own digital printing company in Dubai will be a successful business.

A digital print transforms novel concepts into high-definition reality. From the color to the quality, each print paints a detailed image of your company’s vision. Being one of the most professional digital printing businesses in Dubai, Printery utilizes digital printing by knowing your needs and becoming your valued partner.

Discover what exactly is a Dubai Investor Visa?

6. E-commerce

Consumers were fast to adapt to the internet manner of browsing and purchasing throughout the epidemic. Their purchasing experience, however, has altered. The practice of touching, wearing, feeling, and sometimes tasting items before purchasing, has practically come to an end.

With e-commerce behemoths dealing with hundreds of suppliers, large-scale logistical systems, and periodic digital hiccups, entrepreneurs with online business ideas might seek company registration in Dubai.

It also propelled the growth and acceleration of critical sectors – e-commerce being one – in an otherwise upended world. Driven by other vital elements such as high internet connection, a 360-product suite, a young tech-savvy population base, and convenience at its core, the regional e-commerce sector has since taken flight.

Overall, the e-commerce market is expected to be worth roughly $50bn by 2025, according to a report by Kearney Middle East. However, with the effects of the pandemic reverberating across the length and breadth of the business landscape, no sector remained genuinely immune.

Learn to acquire an Emirates ID card

7. Construction Business

First of all, Dubai’s expansion is being fueled by the construction of infrastructure, skyscrapers, and industrial units, among other things. You may consider working in the construction industry.

Secondly, if you have significant knowledge and skill in the subject, establishing a firm in the construction sector in Dubai provides tremendous development opportunities. On the other hand, construction material organizations offer a wide range of options and are among the most outstanding businesses to start in Dubai.

Discover what precisely a 5-Year Multiple-Entry Tourist Visa is.

8. Digital Marketing

We live in a time when everyone can access information and services with a few clicks on our mobile phones. As a result, marketing methods have changed. Traditional marketing methods, such as print advertisements or renting hoarding boards, do not provide quantitative outcomes. At the same time, digital marketing and advertising goals have proved to be much more productive. Furthermore, specific technology courses have been developed in higher education institutions. As a result, people with such valued abilities should seriously consider earning a profession from them.

Here you can learn about how to select the best company structure.

9. Handyman Services

Basically, maintenance, repair, and replacement of things would need technicians, electricians, plumbers, and other technical specialists by individuals, businesses, and organizations. What they need is someone to carry out the work without their supervision or intervention. It may maximize your company’s development if you give a responsible handyman who is qualified, experienced, skilled, and dependable.

Here you will find out how to obtain permission for your company’s name and activities.

10. Beauty Salon

Are you a qualified beautician? Then, go for the beauty salon business. You can start the firm at a low investment. You could expand it subsequently as you grow.

Firstly, if you have been contemplating company creation in Dubai for some time and are interested in the salon industry, now is the time to proceed with your plans. The UAE’s steadfast National Policy for international entrepreneurs, as well as many corporate incentives, will be a welcome addition to your company.

Not only that, but the services provided by a beauty salon in Dubai are constantly in great demand, and you can also set up a variety of supplemental services such as training and make-up classes.

Learn about How to Obtain an E-commerce License in Dubai in 2021

11. How can Connect Zone help you to Start a Business in Dubai?

With connect zone you can be sure that you will establish your company in the United Arab Emirates, even you are either a resident or a foreigner. Since we provide the necessary services so that your company can be established without major complications.

With us you can get services ranging from bank account opening to document and data verification. We equip you with the necessary tools to expand your business by providing the highest-quality service and the most efficient solution. Also, our primary objective is to assist your company’s success by providing you with the highest level of service.

Would you like to contact Connect Zone to obtain more information about start a business in Dubai? If you have any questions, call us on +97143316688. You can email us at contact@connectzone.ae, and you will talk to one of our representatives who will answer your questions.

Professional license in Dubai: Everything you need to know about it

Professional License in Dubai

To offer services and products in the UAE it’s necessary to have a valid business license. One of the most requested by entrepreneurs and freelancers is the Professional license in Dubai. This is because it allows them to offer professional services to their clients legally in the UAE.

Since the UAE is one of the preferred places to make business, it’s good to know what options you have to start carrying out your activities there. So, knowing how to obtain this business license and what benefits can offer you it’s a great place to start.

In this article, you’re going to learn everything you need to know regarding the professional license in the UAE. In addition, you can gain valuable insight about why a third-party can be of great help during this process. Let’s observe:

1. Professional license in Dubai

Running a business in Dubai can be a great decision for investors and entrepreneurs. This is because this place has a thriving and flourishing market that you can enter easily. Additionally, since it’s a place that attracts people from different places, you have high chances of finding your perfect target audience.

In this regard, to have a legal business in the UAE you must apply for a business license. The DED (Department of Economic Development) is the responsible body to issue these licenses. So, there are several licenses to which you can choose from:

If you want to be a service provider, you must apply for a Professional license in Dubai.

Here’s what you have to know about Offshore Companies in Dubai.

2. What is a Professional License?

The professional license can be obtained by businesses that want to engage in service-oriented activities. Skilled individuals who hold a professional degree, have enough experience in a particular field or profession, and professionals can apply for this business license.

So, a professional license is for individuals who rely on their talents, skills and intellectual abilities to conduct businesses.

Entrepreneurs may feel confused whether they must apply for this kind of license or if they should go for a commercial license. This is because there are some activities that may fall under the commercial category as well as under the professional one.

Therefore, it’s important to know which one suits your business activity best. It’s also important to understand the Professional license requirements in Dubai, so you can have everything ready to submit your application.

 

Professional License in Dubai

3. Who should apply for a Professional License in Dubai?

Before starting to learn about the process and Professional license fees in Dubai, it’s important to know the eligibility. Anyone who wants to conduct business in the UAE should have a business license. The problem is knowing which license is the proper one for your activity.

If you’re a professional that wants to offer your services in the UAE, you must apply for the professional license.

And, if you’re planning on establishing a business that offers professional services, you’re also eligible to apply.

Regarding who should apply, any individual or company that relies on trained skills to offer a service can be a professional. So, if you hold any of the following professions, you should get the professional license:

  • Accountant
  • Financial advisor
  • Architectural consultant
  • Medical representative
  • Educational professionals
  • Business consultants
  • Web designers
  • IT professionals
  • Technical services
  • Artisans and carpenters
  • Healthcare professionals

If you’re a skilled professional but you don’t know if you should apply for this kind of license, you should look for help. Here in Connect Zone we can provide guidance regarding how to obtain the proper business license for your company.

Find out how you can obtain your E-trader license in Dubai Mainland.

4. What are the benefits of having a professional license?

Having a Professional license in Dubai can provide several benefits. First and foremost, you’re able to carry out your activities legally while you live in one of the top places in the world.

Here we have some of the best benefits of holding this kind of license

100% ownership

With a professional license you can have 100% ownership of your business, unlike industrial and commercial licenses.

You can have your sole proprietorship business, but to do this you must appoint a local agent. This local service agent must be an UAE national as this is a requirement for completing judicial formalities.

However, the agent won’t have any control over your business. This agent will only charge the fixed annual fee for the service.

Access to a lucrative market

In Dubai you can find clients from different backgrounds, and you can offer your services to obtain a great income. In addition, you can connect with other professionals, vendors, and businesses to develop a solid network.

This will help you have a better quality of life and enjoying the luxurious lifestyle of this thriving place.

Learn how you can get your partnership Visa in Dubai.

5. What are the requirements to obtain a professional license in Dubai?

To obtain this important document you must know about the Professional license requirements in Dubai.

It’s important to have everything ready so you can carry out the process smoothly. Here we have the requirements to obtain the professional license:

  • Appoint a local service agent
  • Choose a trade name for your business that complies with the law
  • Develop a detailed business plan describing your business activity
  • Fill the application to obtain the business license
  • Get copies of your passport and of your partners’
  • Obtain the NOC for the foreign partners (if required)
  • Prepare a copy of your visa
  • Rent an office space

In addition, you must learn about the Professional license cost in Dubai so you can know how much you’ll have to pay for this document.

6. Which activities are covered by the professional license?

When you have your Professional license in Dubai you can carry out your business activities legally. But, before applying, it’s important to know which business activity you want to conduct. In this regard, the DED has established the list of activities that fall under the professional license. This is to make it easier for individuals to know to which one apply.

Some of the business activities covered by the professional license are the following:

  • Consultancy services
  • Artisanship
  • Medical services
  • Financial and auditing services
  • Beauty salons
  • Repair and maintenance services
  • Printing and publishing services
  • Security services
  • Carpentry

These are just some of the few activities that are under the professional license. The DED has the long list that anyone can consult to check if their profession is suitable with the professional license. After determining your business activity, the next step is knowing How to get professional license in Dubai.

See the process you have to go through to get the UAE Residence Visa.

7. What is the Process to obtain a Professional License in Dubai?

It’s important to note that you should know How to get professional license in Dubai if you want to offer professional services.

In this regard, you should learn about the process so you can know how to carry out it successfully.

  1. Local service agent: enter into an agreement with a local service agent (must be an UAE national) and fill the agreement form.
  2. Get the agreement translated into Arabic and attested
  3. Make the MOA (Memorandum of Association) with your local service agent
  4. Find an office space and obtain the tenancy contract for leasing it
  5. Get the EJARI registration and approval from the municipality for the tenancy contract
  6. Submit the application along with the documents to the DED
  7. Once you get the approval, make the payments for the license

Which documents do you need to obtain your business license?

The following are the documents you must gather, translate and attest when necessary:

  • Business owners’ passport copies
  • If one of the business owner is a resident in the UAE, you must submit the Emirates ID copy
  • Visit visa copy for expatriate business owners
  • Emirates ID copy and passport copy of the local service agent
  • Additional approvals
  • Approval from the municipality

Here’s explained how you can get an E-version of the Emirates ID.

Which documents do you need to submit the tenancy contract?

It’s important to obtain the approval from the municipality of your tenancy contract. This is because you’ll need this document to obtain your business license.

Here’s the following documents you need:

  • BR1 form
  • Trade name certificate
  • Initial approval
  • Tenancy contract
  • EJARI registration

In some cases, the DED will also require for the applicants to pay a fee and a security deposit. If the business is a civil company (two or more partners) it’s necessary to pay the security deposit of AED 20000. If it’s a single person, the security deposit is of AED 10000.

8. What is the cost of the professional license in Dubai?

Another important aspect you have to take into account is the Professional license fees in Dubai. Once you have received the approval, you must pay the necessary fees to collect your business license.

The cost of the professional license is around AED 15310 in Dubai. It’s worth noting that this price includes the following:

1. Fees for the professional license

2. Fees for paying the trade name registration

3. Fees for appointing the service agent

4. Market fees (based on your chosen business activity)

5. Administrative services fees

6. Local fees

7. Government cultural fees

After having paid the Professional license in Dubai cost, you can obtain your business license. Then, you can carry out your business activities and offer your services legally in Dubai.

See how you can obtain a 5-year multiple entry tourist visa in the UAE.

9. Common questions regarding the professional license

It’s important to be clear regarding every aspect surrounding the professional license. For this reason, here we have some of the doubts regarding this important document.

Some of the most common questions are the following:

Can I have 100% ownership of my business with a professional license?

With the professional license, you’re able to have 100% ownership of your business. With all the other legal structures in the UAE, you must have an UAE national as a partner who will hold the 51% of shares of your business, Or does any Legal Services Support or Legal Advice UAE is Required? No Absolutely not.

However, with the professional license you can establish your business and have 100% ownership. But, you should have a local service agent that will receive the fixed annual fee.

How many partners can I have with a professional license?

Perhaps you may think that with a professional license you can establish a company with a single partner. But, the truth is that you can establish a civil company with more than one owner and obtain your professional license.

This kind of legal structure is known as a civil company. Make sure to have all the necessary documents of each owner to apply for the business license.

10. How can Connect Zone help you obtain the professional license?

Here in Connect Zone we want to assist you with your goals of establishing your business in the UAE. Our team of professionals can help you obtain the Professional license in Dubai so you can offer your services legally.

Start building your network, getting clients, and enjoying the high quality of life in Dubai by working as a service provider. We can assist you through each stage of the process so you don’t have to worry about the paperwork or administrative tasks.

If you’re interested in knowing more about the professional license in Dubai, you can contact us at contact@connectzone.ae, or you can call us at +1 (971) 433 1688 and one of our representatives will gladly answer all of your inquiries.

Get your E- trader license in Dubai Mainland – [2021 Guide]

It seems like both 2020 and 2021 have been the years in which we have seen the surge of small businesses managed from home. For that reason, the e-trader license in Dubai has become such an important tool to have nowadays.

In this article, we explain everything you need to know about the e-trader license in Dubai. If you have a small business or are trying to start one, here you will learn all the benefits that come from getting the e-trader license in Dubai. Let’s observe:

  1. What is the E- Trader license for Dubai businesses?
  2. Why does my business need an E- Trader license?
  3. How can I get an E- Trader license in Dubai?
  4. Who is eligible to get an E- Trader license?
  5. What do I need to issue an E-Trader license?
  6. What is the cost of an E- Trader license in Dubai?
  7. How can Connect Zone help you get your e trader license?

1. What is the E-Trader license for Dubai businesses?

Thanks to the internet and social media, selling something nowadays has never been easier. Given the amount of money that is invested into these platforms, it is only natural for business start-ups to focus mainly on social media. For this reason, the Department of Economic Development in the UAE has introduced the E- Trader license in Dubai.

In 2017, the D.E.D (Department of Economic Development) in Dubai, decided to introduce the E- Trader license. Their goal was preventing fraud and the sales of fake products online. Therefore, the E- Trader license in Dubai is the result of the surge of online businesses, but also, online defrauding.

The e-trader license in Dubai is the best option for those wanting to sell their products or services online. UAE nationals and GCC nationals that live in Dubai and possess this license are capable of doing online business confidently. In addition, online buyers from all over the world can feel safe buying from a licensed source.

2. Why does my business need an E- Trader license?

If you plan to start a small business, the e-trader license in Dubai is an essential tool to have. For small businesses that rely mostly on online sales, the e-trader license in Dubai offers the ability of legalization. This allows small businesses to sell and offer their products and services online.

However, this license offers many benefits to small business owners. The e-trader license in Dubai, will not only make your business legal but also provide you with all the benefits of a legally established business. For instance, presenting your services or products at exhibitions and conferences, or even, copyright trading your creations.

For inexperienced entrepreneurs with self-owned businesses, the DED also offers workshops and training for e trader license owners. These workshops and events held by the DED, give you the opportunity of networking and educating yourself on new topics.

2.1 . Here are some other benefits:

  • Having 100% of the ownership.
  • Being able to open a corporate bank account.
  • Copyright trademark protection.
  • Is the cheapest license there is in Dubai.
  • Having access to training and workshops.
  • Being able to run ads on different websites.
  • Access to networking and exposure of your brand.

3. How can I get an E-Trader license in Dubai?

 

The process of getting the e-trader license UAE is considerably simple. However, making sure you have the right documentation can be tedious. If you want to get your e trader license UAE and make sure, everything is error-free, Connect Zone is more than glad to take you through this entire process.

With over twenty years of experience, providing pro services over all the UAE. Connect Zone is here to guide you and provide you with the assistance you need. These, are the steps to follow in order to get your E trader license in Dubai:

  • Get yourself registered on the DED website.
  • Next, you will have to provide information regarding the social media accounts you are currently using.
  • Finally yet importantly, make the necessary payments in order to get your e trader license UAE.

3.1. Restrictions for the e-trader license in Dubai

As much as we would want to have this license, the e-Trader license in UAE is not for everyone. You can find a few hurdles in the way of getting your e Trader license in Dubai. Therefore, here we show you some things to take into consideration before applying for your license:

  • This license does not include nor provide you a residence Visa.
  • Since this license is for small businesses, you will not be able to hire staff.
  • If you want to lease a commercial building or office for your company, you will not be able to do that with the e-trader license. This document is for small businesses managed from home, meaning, businesses located in a commercial building are not eligible for this license.
  • Since the e trader license UAE is for self-owned business, you will not be able to involve friends or family.
  • As well as other activities regarding your business, that Connect Zone can give you consultancy on.

Learn more about how to get your residence Visa in Dubai

4. Who is eligible to get an E-Trader license?

There are many factors to take into consideration when applying for this license. A common mistake many entrepreneurs make when getting a license, is applying for the license with the lowest possible cost. However, when it comes to the e-trader license in Dubai, not everyone is eligible to get it.

This license, however, is ideal for entrepreneurs looking forward to starting small businesses. An essential tool will help the growth of your business. Although, one of the conditions of having this license, is to always remain a small business.

If your plan is to sell handmade accessories, decorations, or even clothes, this license is for you. On the other hand, if your plan is to sell your items on a bigger scale, the e-trader license in Dubai is not for you. Here, we show you who is eligible to get this license:

  • Freelancers looking forward to getting online recognition.
  • Stay-at-home moms, looking forward to getting a new source of income.
  • Those who want to establish a 100% owned business.
  • Expats with certain Nationality

Here you can learn more about 100% owned companies in Dubai

4.1. Who is not eligible to get the e-Trader license?

As we have mentioned above, the e-trader license UAE does not suit everyone’s needs. Here are a few conditions to keep in mind in order to get this license:

If you plan to grow your business and possibly lease a place and hire staff, this license is not for you. The target audience for the e-trader license in Dubai is small businesses. For this reason, any other businesses, wanting to grow their companies need to apply for another more suitable license.

This license is aimed to help small businesses located in Dubai. Thereby, if you are not a resident of Dubai, you are not eligible to get this license. Moreover, if you are considering moving to Dubai and getting this license, you will need to get a residence visa beforehand.

There are a few other impediments for a particular business to get the e-Trader license in Dubai. If you are interested, our team can assist you on this particular subject. Here at Connect Zone, we offer you the consultancy you need to verify your business is suitable for this license.

4.2. Here are a few examples of who is not eligible for this license:

  • Big corporations.
  • Companies with more than one employee.
  • Businesses that sell and offer their service on a big scale.
  • Multi-owned businesses.
  • Companies established outside Dubai.
  • Textile companies.
  • Agricultural businesses.
  • Big restaurants and food chains.

Get more insights into the textile industry in Dubai

5. What do I need to do to issue an E-Trader license?

Apart from the other requirements mentioned above, it is important to bear in mind some of the basic documents needed. For instance, you must be a resident of Dubai and have a valid UAE ID. In addition, you should in fact be over the age of twenty-one years old or older.

Get more details on how to get an E-version of the Emirates ID

In addition to this, your business should be inherently focused on social media websites. Although you can make physical sales, this is not to say you are allowed to lease a place. The majority of your revenue, exposure, and ads should be focused on social media accounts.

When it comes to the required documentation, apart from your valid ID, you will need some other papers. Amongst those, you need to provide your business registration. As well as proof that the social media accounts of your business belong to you.

If you do not yet have your business registration, Connect Zone can help you get your business registered. Connect Zone can provide you the assistance you need to get your license by offering you our pro consultancy services, and our VAT registration services, to register your company hassle-free.

5.1 What should I do if my business is not eligible for the e-trader license in Dubai?

In case your business does not meet the requirements for the e-trader license UAE, Connect Zone can help you find a more suitable option for you. It is understandable that not everyone is fit to get this license, if that is your case, do not worry. There is a variety of licenses that you can choose from.

If you want to learn more about other types of licenses in Dubai click here

Naturally, there are a number of licenses aimed to suit every type of business. For that reason, Connect Zone helps you find the license that is best for your business. From exclusive consultancy for your business to effective assistance on your documentation and registration of your business.

Find more details about opening a general trading company in Dubai Mainland

6. What is the cost of an e-trader license in Dubai?

When it comes to getting a business license, one of the first concerns to come up in our clients is the price. Naturally, for business owners, it is important to balance the correlation between the cost and the benefits that come with it.

However, the e-trader license cost in Dubai it’s what is most attractive for entrepreneurs. The e-Trader license is not the most popular license for no reason. Is the fact that, for all of the benefits it offers, it still manages to be the cheapest option.

If you are still skeptical about how inexpensive this license can be, here we show you what you need to know about the e-trader license cost in Dubai. The e-trader license cost in Dubai is only AED 1,070  and you can renew it annually . But along with it you will have to pay AED 300 for Chamber of Commerce which is mandatory . So in total the cost is AED 1,370 to have your e-trader License ready! This license, in contrast with the rest, is considered the cheapest license available for businesses in Dubai.

7. How can Connect Zone help you get your e-trader license in Dubai?

For entrepreneurs looking forward to starting a business, and yet, not having the monetary resources to start big, the e-Trader license, is certainly their best option. In addition to that, we have to mention how inexpensive the e-trader license cost in Dubai can be. Moreover, of course, the number of benefits it provides to business startups.

If you are curious to know more, please give us a call to obtain more information about how to get an e trader license in Dubai. You can call us on + (971) 433 166 88 and one of our representative operators will gladly answer all of your inquiries.

You can also email us at contact@connectzone.ae, and we can schedule a call at the time that works best for you. Alternatively, if you desire to get the information via email, we can send you a detailed guide to help you, fully tailored for your business.,070


Contact us Today for FREE Consultation !

How to Get your Partnership VISA in Dubai – The full guide

How to get your partnership visa in UAE

If you had to name countries with the largest business investment rate, Dubai would probably be among your answers. This capital paradise has everything that any business expert could only ever wish for.

From the business-friendly policies to the large number of benefits it offers, Dubai is the desired destination for entrepreneurs. If you’re wondering ‘how can I get Dubai Investor Visa’, here we tell you exactly how to do that.

Click here to see how to start your Business in Dubai

Likewise, we will give you the full guide on how to get a Dubai Investor VISA. Let’s observe:

  1. What is a Dubai Investor VISA?
  2. Documentation needed to get my Dubai Investor VISA
  3. Different types of investor Visas available in Dubai
  4. Who is eligible for the golden visas?
  5. Where do I need to go to get my Dubai Investor VISA?
  6. How can I renovate my investor visa in Dubai?
  7. How can Connect zone help you get your Dubai Investor VISA?

1. What is a Dubai investor Visa?

If you’re a foreigner looking forward to investing in a business in Dubai, you’ll need to apply for this VISA.

Investor Visas are essential for entrepreneurs who desire to venture into the real estate, cryptocurrency, or investment world. This crypto-established economy offers the stability other nations lack.

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Outlanders interested in investing in the country’s market have to get a partnership visa, before getting into the investment business. Besides the term ‘Investor VISA’, you probably have also heard the term ‘Partnership VISA’, but don’t worry; they are both the same thing.

That is because foreign investors need to partner with a local national to start doing business inside the country. Some of the many benefits that come after issuing this VISA include:

  1. Being able to live in the same country your business has been established.
  2. Being able to sponsor family relatives to come and go in and out of the country for three years.
  3. Free trade zones with zero taxation policies for the growth of your company.
  4. Freedom of transaction regulations, when it comes to profits and spending’s of the company.
  5. Being able to sponsor or facilitate working visas for employees or partners.

2. Documentation needed to get my Dubai Investor VISA

How to get your partnership visa in UAE

After you have decided you want to get a partnership VISA, you have to gather all the documentation needed beforehand. Here, we show you how to get a partner visa in Dubai:

  • A copy of your valid passport – When wondering ‘how can I get an investor visa in Dubai?’ One of the primary documents you need to have at hand is your passport. Similarly, you need to make sure the document isn’t expired nor is about to expire.
  • An approved entrance form – Following the list, the next document you will need to have at hand is an approved entrance form. Entrance permits can be issued by providing a copy of your passport, health insurance information, and lately, a vaccination certificate and your PCR results.
  • A photograph on a white background – When applying for a visa you will need to provide a referential photograph of yourself for identification purposes, this will have to be of high quality.
  • In case of needing a professional license, you will have to get a copy of the partnership contract – Companies whose service providers are amongst particular craft professionals are regularly required to have a professional license, such as carpenters and steelworkers. However, different business licenses are issued for different companies.
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  • A list with all of the required information about the company’s partners – If you are opting for an LLC (Limited Liability Company), it is necessary that you provide a list of the company’s shareholders. This is because, unlike regular companies, LLCs don’t pay taxes directly from the company’s profit. Instead, the company’s profits are divided between the shareholders, and each member reports their respective taxes.
  • A valid establishment immigration permit – This permit allows companies to recruit employees and investors from overseas and help them apply for their respective investor visas as well.
  • Partnership contract – As well as the required information about your local sponsor. This will be of good use because, as we mentioned before, investors with partnership visas must have a local national partner.
  • A bank statement letter – In this letter, you have to include all the transactions you have done over the past six months– This is so you can prove you are financially backed to start your business or to become an investor for an already established business.
  • Memorandum of association letter – Lastly, you will need to have at hand the memorandum of association letter of your company. In this document, you can find the objective for the company’s founding as well as the owner’s shares distribution.

3. What are the different types of Investor visas available in Dubai?

Foreigners interested in investing in Dubai’s market have a few options available when it comes to visas. Regular visas usually offer a usage span of three years, however, there are a few options available that offer a usage span of up to ten years.

The two main differences between each of these visas are the valid period time of usage and who is available to apply for each. There are visas for both regular investors and real estate agents. These famous ten-year- visas and five-year- visas were made to help those who aspire to set up a business in Dubai. And ever since their introduction plenty of aspirants strive to get these visas.

These visas are exclusive to a certain group of people, meaning only a selected few have the characteristics that the embassy looks for. Professionals who graduated from profitable or science-related fields get privilege over others.

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These special visas are also referred to as “Golden Visas” because not everyone is eligible to get them.

4. Those eligible for golden visas are:

  • UAE professionals graduated from the fields of medicine like doctors and physicians.
  • Students, particularly outstanding students from the fields of medicine and engineering.
  • University graduates with a 3.8 GPA, particularly those who graduated from the UAE University.
  • UAE high school graduates, particularly those with the highest grades.
  • Ph.D. graduates from the UAE University.
  • A.I robots.
  • Epidemiologists.
  • Virologists.
  • UAE-based biotechnologists, programmers, developers, and electronic engineers.
  • Some distinguished investors.
  • Distinguished UAE-based specialists.
  • Recognized scientist based in the UAE.

If you have any of the qualities listed above then congratulations, you are eligible to apply for a Golden Visa and Connect zone is here to teach you how to get your investor visa in Dubai. Next, we will tell you what you have to do once you’ve determined what visa you want to apply for.

5. Where do I need to go to get my Dubai investor visa?

For those looking forward to getting their Investor Visa in Dubai, the UAE offers a couple of options for you to choose which one of them suits your comfort best.

From flying to Dubai to get your investor visa to getting it beforehand in the comfort of your home, we will show you how to get your Dubai investor visa. Let’s take a look:

If you wish to get your Investor Visa, you will first have to go to the airport’s immigration department and get an entry permit form. Like we mentioned before, you need to provide a copy of your valid passport, as well as providing your health insurance information and vaccination certificate.

In case you lack the documentation:

If you lack health insurance, you can go to any available government health center and ask for a medical checkup. Once you’ve filled the entrance form, along with the previously mentioned documents, submit them to the nearest Amer center. Distributed around the city, these centers aim to provide their services to both nationals and residents.

However, if you desire to get your Visa from your home before flying there here are the steps:

  • First, you will need to have in your disposition a total of AED 72.000,00 or have an equal amount invested in a local company.
  • The second step is to gather all the requested documents listed above (A copy of your valid passport, a neat photograph of you on a white background, entrance permit, bank statement letter, among other documents).
  • Apply for a UAE business license.
  • This is where we, Connect Zone, come to help you facilitate the process for your company’s registration hassle-free along with providing you the support your company needs.

Check more about Visas for tourists in the UAE

6. How can I renovate my investor visa in Dubai?

 

 

One of the most commonly asked questions we get from investors already located in Dubai is how to renovate. In this section, we show you exactly how to renew an investor visa in Dubai.

Once a foreigner has established their business in the Mainland or invested in a company located there, then they certainly had to issue a partnership visa before getting there. Depending on the visa get (Golden visa or Regular Partnership visa), you will have to renew your investor visa in no time before the expiration date. Here we will teach you how to do exactly that.

What steps do I need to follow?

First, you will need to get a medical general fitness exam. You can start the renewal process of your Investor Visa once you have completed this step. Since the medical result is required at the beginning of this procedure.

Secondly, you have to arrange all of your medical insurance papers, and in case of having expired medical insurance, you need to buy a medical insurance plan once again before moving forward.

Have you invested your money in a company that is registered on the E-DNRD? Then we can help you get your visa renewal by handling the required processes that your company may need.

However, in case you did invest in a company that isn’t registered on the E-DNRD you have to take the documentation to the nearest immigration center.

Then you will receive an SMS in case of the approval, rejection, or modification regarding your partnership visa. Lastly, you have to provide your direction and the Zajel courier will deliver your visa to your door.

7. How can Connect zone help you get your Dubai Investor Visa?

From the business-friendly policies to the free trade taxation zones, Dubai is arguably the best place to invest. Knowing the many benefits that provide investing in this market, many people would love a partnership Visa.

Business experts all over the world have already made Dubai the home of their monetary sources. This is to say that most well-established company owners have invested in this very market.

Why do you need to invest in our services?

Many interested prospects apply for these visas each year, making the process slightly harder due to the high demand. Plenty of novice entrepreneurs who lack the proper assessment on the documentation requested to gather get rejected frequently. Similarly, many new investors lose what they invested in making unplanned moves.

For this reason, Connect Zone offers you the service you need for you not to miss out on this opportunity. With the most high-quality service and the most efficient solution, we provide you with the essential tools to build your business.

Therefore, if you are looking forward to investing in an already existing company, Connect Zone is the best option for you. We have more than twenty years of involvement in assisting cases like yours with excellence and expertise. Our main goal is to help with your company’s growth by providing you with the most high-end service.

If you would like to know more about our service, you can email us at contact@connectzone.ae. You can call us on + (971)43316688 and you will talk to one of our representatives who will answer your inquiries. It will only take a few minutes and you will be able to know all the information you ask for.

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