How to get an E-Version of Emirates ID

The Emirates document ID is a mandatory card for UAE residents and citizens and is issued by the ICA (Federal Authority for Identify and Citizenship). This physical identification card must be carried by all citizens and residents all the time. However, the National Identity Institute recently announced a new digital/electronic version of the card while applicants wait for their physical card.

In this article, you will learn everything regarding how to get an E-version of the Emirates ID and the step-by-step procedure. Similarly, by the time you finish reading, you will understand the benefits and who can apply for this ID in Dubai and the UAE. In other words, the new identification document has additional electronic and visual features that will stop identity fraud in the country. Let’s observe:

  1. What is an Emirates ID?
  2. How to get your electronic Emirates ID in 3 steps
  3. Is the digital version of the Emirates ID free?
  4. Is the e-version of the Emirates ID legal?
  5. How to acquire an Emirates ID card?
  6. Things to know about the Emirates ID
  7. How to renew your identification ID?
  8. Documents required for renewal
  9. Losing your emirates ID card
  10. How can ConnectZone provide you with an electronic version of the Emirates ID?

1. What is an Emirates ID?

The Emirates ID is the main resident card and identification for all UAE residents and citizens. It is a national database that holds all residents’ information and it is mandatory to be carried at all times. The Emirates Identification Authority (EIDA) is the government body in charge of issuing the identification card.

Likewise, this identification card has an electronic chip that contains all important information about the resident such as, fingerprints or biometric data, basic details and the photo. Residents can use the card in plenty of transactions such as paying fines, registering vehicles, and paying phone and internet bills.

Similarly, the UAE government is planning that the emirates ID takes the place of the residents’ driving license and debit card. In the year 2016, the Emirates identification card replaced health insurance cards.

Establishing in the country doesn’t have to be a complex process, we have an article on how to start a company in the UAE.

 

Read More About : How to Get a 5 Year Multiple Entry Tourist Visa UAE

2. How to get your electronic Emirates ID in 3 steps

In early August of 2021, the UAE government presented a new generation of Emirates ID cards. This new generation of cards includes the date of birth of the holder, enhanced protection of the holder’s ‘non-visible information’, a 3D picture and a longer validity period of 10 years.

The new generation of emirates ID will also have additional data such as employment information.

The Federal Authority for Identity and Citizenship has begun issuing the new advanced version of the Emirates ID. However, you can use the electronic version of your physical ID on the ICA smart app, the app is totally free to download on Android and iOS stores. Similarly, UAE residents can use this electronic version for all government services and it is valid like its physical version.

That is to say, the ICA has organized with all business and service providers, as well as the authorities concerned to offer their services based on the new version of the Emirates ID.

The Federal Authority made a tweet about the new phase of upgrading all national identity documents, “according to the transition to the new generation of passports and identity cards”. There are three steps to get a new electronic identification card:

  1. Download the ICA app via iOS or Android.
  2. Scan the QR code to generate an electronic card in your document wallet in the app.
  3. Use the e-version of the identification card for all UAE services.

3. Is the digital version of the Emirates ID free?

The digital and electronic version of the Emirates ID is available for free on the Federal Authority for Identify and Citizenship website. Likewise, it is available on both Android and iOS devices.

4. Is the e-version of the Emirates ID legal?

This new version of the Emirates identification ID in Dubai and the UAE is valid for all institutions and all government-related services that require the physical Emirates ID. This process of getting an e-version of the identification card is simple and is available for free on any device.

However, the emirates ID is an important identification for both UAE nationals and residents. You can also check the status of your card process online. Having an emirates ID has several advantages such as opening a bank account, apply for a Dubai driver’s license, secure a home internet package, etc.

In case you want to keep learning, we have a guide on opening a Dubai Trading Company in Dubai.

5. How to acquire an Emirates ID card?

Individuals who want to obtain an Emirates ID card as a UAE national, GCC national or ex-pat will realize that is an easy-to-follow procedure. The government is trying to make the process as simple as possible so more and more people apply for it and bond to the process of an innovative future in Dubai and across the UAE.

Companies sponsoring ex-pats (not including GCC nationals) can apply for acquiring the Emirates ID by themselves.

Application: Individuals who want to obtain the Emirates ID card must complete the application form. Applicants can complete the application at an approved typing office or online.

EIDA: at the EIDA office you must fulfill standard information such as photos and fingerprints. After that, they will give you a receipt that you must keep in order to collect your ID when is ready.

After the application form has been submitted, applicants receive an SMS on their phones. This message will set a time and date, as well as the EIDA branch you must visit.

After that, will need the following documents:

For UAE nationals:

  • Family book.
  • Valid passport.
  • Emirates ID application.

For UAE Residents:

  • Passport
  • Work permit or visa
  • Emirates ID application.

Fee: the Emirates ID fee is AED100 annually.

Tracking: you can track your application process on EIDA’s website by typing the account number.

Delivery and collection: the EIDA will send the emirates ID card to the applicant’s local post office. Similarly, although you can check the process status online, the EIDA will send an SMS to your phone.

Most importantly, applicants must collect their emirates ID in a 90 days period or it will be discarded by the EIDA.

Renewal: when your ID card expires, you must follow the same process all over again.

6. Things to know about the Emirates ID

  • Carry your card: as we mentioned earlier, it is mandatory for all UAE residents and nationals to carry their identification ID all the time. Not carrying it can lead to legal mishaps.
  • Lost identification card: since carrying your Emirates ID card is a mandatory requirement and you must carry it all the time; you need to replace it as soon as possible in case you lost it.
  • Changing your name: if holders get married and change their name, they must notify the EIDA.
  • Children: all Dubai and UAE citizens must have a valid Emirate ID; including newborns and children.
  • Wrong details: if you realize that any of your printed information is wrong, you must visit an EIDA office and correct the details.

7. How to renew your identification ID?

All Emirates ID has their own expiration date, this depends on the validity period of the card. For example, all UAE residents and citizens have a month from their expiration date to renew their card. After this period, they risk a fine of 20AED every day. This fine can accumulate up to 1,000AED.

UAE nationals are usually requested to renew their ID 30 days before the card expires. This is different with ex-pats, since they only can apply once their card expired.

The process of renewing the Emirates ID is the same as the first application which was first processed. ID holders can renew online or through any of the typing centers.

These are the renewal rates based on their validity period:

  • 1 Year: 290 AED.
  • 2 Year: 390 AED.
  • 3 Year: 490 AED.

8. Documents required for renewal

All documents required for the renewal of the Emirates identification card are the same as the first application process. However, the only additional thing you need in this case is that you must hand in your old Emirates ID card. This applies to all UAE citizens and residents as well as GCC residents.

In other words, ex-pats instead of showing their entry permit, they must hand in their residency visa under the renewal process while applying for the identification ID renewal.

The textile industry is one of the most important in the country, learn how to start a business of this type.

9. Losing your emirates ID card

The UAE government has also given guidance if you’re your Emirates ID has been, stolen, damaged, or if you lost it. There are some basic procedures you must follow if any of the previously mentioned mishaps happens to you.

  • Firstly, the holder must report that their emirates ID has been lost or stolen. Therefore, this event will be reported to the Federal Authority for Identity and Citizenship and your identification card will be deactivated at once.
  • Secondly, if the holder lost the card outside the country; you must inform the UAE embassy.
  • The cardholder must apply for a replacement card and follow the previously mentioned process.
  • After that, the cardholders must pay all the necessary fees and their card EIDA will issue within 2 days.

10. How can ConnectZone provide you with an electronic version of the Emirates ID?

Now that you know why the e-version of the Emirates ID is so innovative and important for UAE citizens and residents. And in case you decided to apply for one, you should find a business partner that helps you in this process. A good partner will make this process smooth and hassle-free.

However, ConnectZone is the best option when you are trying to settle your company in the UAE. We offer you a massive list of options in all the Emirates whether you are looking to settle in:

We have packages including general special discounts, group visa packages, and multi-year deals.

We work side-by-side with local authorities and government departments across the UAE; our vast market knowledge that helps all types of companies in different industries in the UAE to grow. ConnectZone is part of ConnectGroup; we have other services that assist companies such as bank account opening, PRO services, and others.

We have more than 22 years of experience and we will guide you and your company throughout every step and we will assist you in any way you need.

After you get the e-version of the Emirates ID, you may want to request our services to boost your business’s growth. In addition, in case you want to improve your HR department, you can ask for HR consultancy and payroll services.

Would you like to contact us to get the useful tips and information about the e-version of the Emirates ID?

You can email us at contact@connectzone.ae or visit our website to obtain more information. Similarly, feel free to contact us any time you want if you want to request any of our services by calling us on +971 4331 6688.

How to Get a 5 Year Multiple Entry Tourist Visa UAE : A complete guide

5-Year-Tourist-Visa-UAE

Would you like to visit the UAE on a regular basis? Whether it is to visit your friends and family or to do some tourism around the beautiful sceneries that the emirates offer, you can now apply for a 5-year multiple entry tourist visa in the UAE.

This visa is especially for those individuals who are not eligible for visa on arrival or a visa-free entry to the UAE. Being one of the topmost countries to undergo the largest number of tourists every year, the United Arab Emirates has even larger policies when it comes to visas.

5-Year-Tourist-Visa-UAE

In this article, you will learn everything you should know about the 5-year multiple entry tourist visa in the UAE, such as its purpose, cost and the necessary requisites and documents. Let’s observe:

  1. What’s a 5-year multiple-entry tourist visa?
  2. What’s the cost for a 5-year multiple entry visa?
  3. Is the visa open to all nationalities?
  4. How to apply for it?
  5. What documents do you need?
  6. Things to know before you apply for the visa
  7. Can the visa be rejected?
  8. How can Connect Zone help you get a 5-year multiple entry visa?

1. What’s a 5 Year Multiple Entry Tourist Visa?

Stunning landscapes and sophisticated structures are things that characterize the United Arab Emirates. Certainly, it’s one of the most attractive destinations for those who love to travel and get to know new cultures.

But of course, in order to do this, it is necessary to obtain a special type of visa that adjusts to your needs. Recently, the immigration department in the United Arab Emirates has opened the applications for the 5-year multiple-entry tourist visas in order for visitors to enter the country.

In other words, this visa allows tourists to visit the UAE multiple times and remain in the country for 90 days on each visit. However, it is possible to extend this visa for another 90 days in case the tourist wishes so.

UAE-tourist-visa

On the other hand, this extension does not apply to the following groups:

  • Tourists or visitors who are residents in GCC countries.
  • Residents who are accompanying GCC nationals.
  • Individuals on special entry permits
  • Individuals on 96-hour permits for special missions.

Depending on your plan, tourism visas to the UAE can be issued for 30 days or 90 days of duration, whether they are single entry or multiple entry.

It is possible to extend all types of visit and tourist visas can be extended for 30 days two times. For this, it is necessary to apply for it and obtain successful authorization from the relevant authority.

 

2. What’s the cost for a 5 Year Multiple Entry Visa?

Applying for the 5-year multiple entry tourist visa has a cost of AED 650. It is necessary to realize this payment on the Federal Authority for Identity and Citizenship (also called ICA) webpage. Additionally, if you wish to renew or extend your visa, the cost will be AED 600 for every renewal.

Nevertheless, those individuals whose visa has expired and do not renew it will have to pay a fine. The cost of this will be of AED 100 for each day of their overstay.

3. Is the visa open to all nationalities?

In an effort of the UAE government to boost international relationships and tourism, the 5-year multiple entry tourist visa is available to all nationalities. However, there are certain requisites to be eligible for it.

For instance, female individuals who are under the age of 18 cannot apply for this type of visa unless they are traveling to the UAE along with their parents.

On the other hand, a lot of people in the UAE will benefit from this special kind of visa. For example, UAE nationals who possess a residency visa and live abroad won’t have to return to the UAE every six months in order to keep their residency visas valid.

In the case of tourism, people around the world will be able to travel to the UAE more straightforwardly. Business trips to the UAE will be more straightforward and increase the production and economy of the United Arab Emirates.

Read More About : Opening a General Trading Company in Dubai

4. How to Apply for it?

Those interested in applying for a 5-year multiple-entry tourist visa in the UAE can apply directly on the ICA webpage. Without a doubt, this process can be long and tedious taking into account all the steps in the middle. Even as a tourist, traveling comes along with a pile of paperwork, requirements and legal regulations. Sometimes it may take almost a month to complete all formalities.

If you are looking for sincere, skilled and economic UAE visa services providers or you wish to get assistance and make this procedure more efficient, you should contact ConnectZone.

Namely, there are a series of steps to start the application process, such as:

  1. Upload your application data. This includes your name, address within the UAE, address outside the UAE and service beneficiary details of the individual.
  2. Submit the requested attachments. Include a photo in color, copy of the passport, medical insurance, and bank statement for the last six months. Applicants must have a balance of USD 4,000 or its corresponding equivalent in their currency in the last six months.
  3. Review the application thoroughly and correct in case there is any mistake.
  4. Pay the corresponding fee for the application.
  5. Wait until the visa is ready, it will be delivered via your registered email.

5. What documents do you need?

It is necessary to mention that the requested documents may change depending on if you have a sponsor or not. In order to apply for the 5-year multiple entry tourist visa, it is necessary to hand out the following documents:

  • Sponsored Passport
  • Sponsored Personal Photo
  • Receipt of bank guarantee refund
  • Health Insurance card
  • Salary Certificate
  • PRO card / delegate letter
  • Consanguinity Proof
  • Sponsor Passport
  • Labor Contract
  • Establishment Card
  • Partnership Contract

Read More About : How to Start a Business in Dubai UAE : Complete Steps [2021 – Guide]

6. Things to know before you apply for the visa

There are certain conditions that may affect your eligibility for the 5-year multiple entry tourist visa.

For instance, entrepreneurs must have an existing project with a minimum capital of AED 500,000 or receive the authorization of a recognized business incubator in the UAE. Also, this visa allows entrepreneurs to include the spouse and children, a partner and three executives in the visa.

In addition to this, there are several travel experts that are in agreement that this new type of visa is aiming to make it easier for UAE nationals to bring their relatives to visit the country. This process was certainly very complex on the previously obtainable tourist visas.

Furthermore, some people have also ventured that the market for investment in traveler apartments in the UAE will flourish now that it will be possible for citizens from abroad to occupy more time in the country.

On the other hand, regarding to how many days prior to your travel you should apply for the visa, this varies depending on the visa you will apply for. Even though occasionally the visa requires to be applied 30 days in advance to the date of the travel, in certain cases it becomes necessary to apply for it at least 2 months in advance to the aforementioned date.

7. Can the visa be rejected?

Applying for any type visa is a complex process most of the time and it requires you to submit an application form and provide the documents required by the respective government of the country you are traveling to. While it may appear like a straightforward process, there are times when the visa may be rejected.

For example, some of the reasons why your 5-year multiple entry tourist visa may be:

  • The applicant possessed a residence visa in the past and left the UAE without cancelling visa beforehand.
  • The individual handed in a hand written passport (These kinds of passports will get rejected automatically by the UAE Immigration)
  • If the applicant possesses a record with a previous criminal offence, fraud or misbehavior perpetrated in the UAE.
  • The visa applicant had applied previously for a tourist visa but did not enter the United Arab Emirates in the stipulated time. This condition applies as well for employment visas.
  • The visa application form contained typo errors in the name, passport number, profession code, etc. This may cause either a delay in getting the authorization or the automatic rejection of the visa.
  • The photos in the copies of the passport provided to the UAE immigration system are not clear or are blurred. In the same way as in the aforementioned point, this could cause o delay in the approval or automatic rejection.

It should be noted that if your visa is rejected, the application fees paid will not be refunded to the applicant; only the security deposit (if there is any) will be refunded.

Furthermore, the UAE may or may not provide a reason as to why your visa applications was rejected, since the government is not mandated to do so. The visa is approved to the applicant at the private discretion of the government.

Read More About : How to get an e-commerce license Dubai

8. How can Connect Zone help you get 5-year multiple entry tourist visa?

Now that you are aware of all the information that you must know to get this visa in the UAE, it is necessary the mention of a service that will make easier the process of obtaining a 5-year multiple entry visa.

ConnectZone is one of the leading and most trustworthy business service providers in the UAE. We will take care of all the visa requirements, besides completing applications in the most reliable way.

Our UAE visa services are accurate, efficient and quick. With years of experience in the United Arab Emirates and thousands of flourishing projects, we will make sure your visa processing experience is free of hassles and difficulties.

Besides, we offer a fully equipped and professional team that will assist you and offer you the necessary expertise to obtain your visa processed on time.

We provide complete adherence to the UAE regulations, a fast time of response, technical support and reasonable costs that adapt to your budget. Whether you are looking to get a visa or set up a business in the UAE, ConnectZone is your best option.

If you would like to contact us and obtain tips and more useful information about these topics, feel free to reach out to us!

If you have any questions or requests, call us on +971 4331 6688 to talk with one of our representatives. On the other hand, you can also get in touch via email at contact@connectzone.ae

Things You Should Know About 100% Company Ownership in the UAE

100-ownership-in-dubai-uae

When it comes to setting up a business in the UAE, many prefer the 100% company ownership UAE ownership of their business. However, foreign investors couldn’t do this, only UAE nationals could have 100% of their corporations.

Expats had to have a local agent or sponsor, which had to be a UAE national. This applied when they wanted to set up an LLC business. Nevertheless, it’s important to note that some legal structures allowed 100% ownership for foreign investors. But these may not have as many advantages.

But everything has changed now because of the amendments the authorities made to the Commercial Companies Law (CCL) as of 1 June 2021. The implementation of this change can be interpreted as a great news for the UAE’s business community.

If you’re interested in setting up a business in the UAE, you can now have a Dubai mainland company 100% ownership. Let’s take a look to the latest changes and what they mean for foreign investors. The implications for those interested in establishing their presence in the country.

What has Changed?

Before starting to analyze the implications of these changes, it’s important to clarify what has been changed.

Essentially, the laws regarding the provisions for establishing a business with a limited liability structure has changed. This means that a Limited Liability Company, known as LLC, can now have a single owner.

Being more precise, the Federal Decree-Law No. (26) of 2020 was announced an it has an amendment of Federal Law No. 2 (2) of 2015 in relation with ownership of commercial companies.

Here you can see how you can open a General Trading Company in Dubai.

What’s the Latest Change in 2021

These changes have resonated tremendously among the business community. For this reason, Dubai Economy has issued guidelines to clarify the procedures in relation to full ownership for foreign investors.

This way, the authorities can have a better control of this aspect. And expats can know how to comply with the regulations.

These changes are effective from 1 June 2021. Foreign investors that want to establish their presence with total ownership can carry out the process through the following channels:

  • Dubai Economy portal
  • Invest in Dubai Digital platform

What happens with existing LLCs?

Since some foreign investors have establish their business already as an LLC with an Emirati partner, they may wonder if they now can have 100 ownership in Dubai mainland.

Regarding the status of existing LLCs with an UAE national as a partner, it depends on the partners’ decision if they want to make any changes. Dubai Economy stated that partners can follow the necessary legal procedures if they want to make a reduction of the percentage of share of the Emirati partner or if he or she wants to withdraw from the partnership.

Which changes does full ownership make to current procedures for licensing?

Companies must get their business license to operate legally in the UAE. But, it’s important to note that 100 ownership for foreign investors in UAE doesn’t change anything related to the procedures to get the business license.

The only change is that it’s not mandatory to have an Emirati partner. Thus it’s not necessary to specify a fixed quota ratio for said partner.

In addition, it’s important to note that it’s not necessary to pay for additional fees for full ownership. And it’s also not necessary to give additional guarantees or capital.

Learn how you can start your business in Dubai in 2021.

What were the regulations before the change?

Foreign investors that wanted to set up an LLC in the UAE had limitations. According to the previous regulations, expats were allowed to own a maximum of 49% of the company. And the remaining 51% had to be owned by a UAE national, typically known as an Emirati sponsor or partner.

Nevertheless, expats were allowed to have 100% company ownership UAE. But it was only limited to a few business activities and services in the professional sector as well as certain free zones.

With these changes, foreign investors can now own 100% of their business. And they can get rid of the limitations regarding of the percentage that had to be owned by UAE nationals.

This is great news for entrepreneurs and business owners, natural and legal persons, since they can establish their presence in the UAE mainland without having to look for a local partner.

When will the implementation start?

The implementation of this amendment was effective from 1 June 2021. Since that date, more than 59 business owners have benefited from this decision.

Therefore, if you’re an investor looking for starting your business in Dubai, you can also take advantage of this new regulation.

When it comes to establishing an LLC, you can receive a lot of advantages, such as conducting business in the entire UAE territory. This is a huge benefit because this way you can offer your products and services to a wider audience.

Will this change apply for Dubai Mainland?

Setting up a business in Dubai Mainland provides several advantages to business owners. With the previous regulations, expats couldn’t have 100% ownership of their business in an LLC in Dubai Mainland.

Given this news, many individuals wonder if Dubai mainland company 100% ownership will be available. The good news is that foreign investors can now set up a company in Dubai Mainland with full ownership.

It’s not necessary to have an Emirati sponsor or local agent, and this no longer will be a requirement regarding LLC incorporation.

Find out how you can get your e-commerce license in Dubai in 2021.

Full list of activities open for 100% foreign ownership

As we mentioned before, the 100% company ownership UAE for expats had limitations regarding the number of activities. Now, with the latest changes, the list has been expanded and now there are more than 1000 activities that foreign expats can carry out with complete ownership of their businesses.

Some of the commercial and industrial activities are contracting, automobile, trading, transportation, manufacturing, recycling and more.

For a complete list of activities you can check out the document issued by Dubai Economy here.

Which business activities can have 100% ownership?

Investors have started to take advantage of this new regulation. This is because the list of business activities that allow complete foreign ownership has increased. Among the commercial activities we can mention general trade, jewelry, contracting, pearls, gold, foods, and cars trading and more.

Regarding the industrial category, we can mention the sectors of construction, metal, flooring, foods, water production and more.

What is the Eligibility Criteria for 100% ownership of business

Once we understand the changes and its implications for establishing a business in the UAE, there’s one more topic in relation to this matter. We’re talking about eligibility criteria. Before deciding to set up your business with 100% company ownership UAE, you must know if your business activity is eligible.

Keep in mind that the first step for incorporating an LLC is choosing a business activity. So, you must choose one that allows you to have 100% ownership. In addition, you must know that each Emirate has its own set of regulations, so be sure to check the eligibility of your desired jurisdiction.

In case your preferred business activity isn’t eligible, you could check in other Emirates to see if it’s eligible. Or you can change it, so you can opt for 100% ownership.

– Dubai

Dubai is perhaps the top destination for business owners who want to enter the UAE market. In this regard, it’s important to know which business activities are eligible.

When it comes to 100% ownership in Dubai mainland activities, the revised law applies to 1061 business activities out of the 2300 total on the list issued by the DED. This means that at least half of the business activities from all sectors can qualify for full ownership.

In relation to professional services activities, entrepreneurs are the ones that get benefits from the 100% company ownership UAE. Nevertheless, it’s important to note that they’re still required to have a local service agent and they can’t select an LLC as their business structure, instead they have to follow the sole establishment legal structure.

Discover how to take advantage of JAFZA by incorporating a business.

– Abu Dhabi

Abu Dhabi is another great place to conduct businesses, for this reason, expats who want to enter this market has received the 100 company ownership UAE news with excitement.

Unfortunately, the majority of the trading activities in Abu Dhabi don’t qualify for full ownership. So, foreign investors still need to find an Emirati sponsor and follow the 51%-49% provision for shareholders.

– Other Emirates

Other Emirates have yet to devise their regulations regarding the 100% company ownership UAE changes. It’s important to note that each Emirate has its own set of rules, so while Dubai and Abu Dhabi have updated their law regarding full ownership, we must wait for the other Emirates to announce their regulations in this matter.

Why were the regulations changed to allow foreign investors to hold 100% of the company?

Before the changes for 100% company ownership UAE were made, foreign investors had to look for an Emirati partner since this was established by the authorities.

The UAE Government was very strict regarding the previous regulation regarding full ownership for expats, so many business owners wonder what the reason behind this change is.

It’s important to note that this is strategic decision that the UAE has made with the aim to increase the country’s investment attractiveness.

The UAE has a privileged location on the global business map, thus they want to take advantage of this fact. In addition, given the economy upheaval caused by the COVID-19 pandemic, the UAE wants to recover their economy thanks to foreign investment.

What are the reasons behind these changes?

Let’s observe some of the reasons behind the revision of the laws to allow 100% ownership:

  • Update the current legislative environment to make it fertile for foreign investors to establish their company
  • Boost the country’s economy by facilitating ownership to expats that look the UAE market as a promising one.
  • Improve the processes for doing businesses
  • Enhance the investment and commercial opportunities that will shape the future economy
  • Increase competitiveness in the business environment. This is with the purpose of staying in tune with worldwide economic changes
  • Give a suitable response to the UAE’s business community needs
  • Set the country as an attractive place for expat investors, entrepreneurs, and startups.

What do these changes mean for the UAE’s economy?

The UAE, and specially Dubai, are among the ideal investment destination for business owners. However, the limitations regarding full ownership refrained expats from setting up a company in this place.

But, with the amendments to the regulations, the UAE’s economy will accelerate. In addition, it will put Dubai, which is already in high rankings as a top destination for investment, as one of the leading places for making businesses.

With this new full ownership regulation for foreign investors, the supportive policies for setting up a company, and the ease of doing business, the UAE is looking to boost their economy by attracting wealthy investors that want to have 100% ownership of their business.

Do you need assistance from a service provider?

Given the new regulations regarding full ownership, business owners can now have their LLCs without needing a local sponsor.

However, it’s important to note that the integration will take time. For this reason, if you’re planning on setting up a company, you must have a legal team readily available to help you.

In case you need assistance navigating through the process of incorporating your LLC so you can obtain 100 percent ownership, you can contact a consultant team to receive help.

From gathering all the required documents and obtaining approvals from government agencies, Connect Zone can assist you through all these stages.

Just contact us  at +971 4331 6688 or contact@connectzone.ae and we will provide the necessary information.

How to Start a Textile Business Industry in Dubai

How to start a Textile Business Industry in Dubai

The UAE has become a top destination for entrepreneurs and investors that want to conduct businesses and get outstanding results. There are several rapidly developing industries in this place, and of them is to start a textile business in Dubai.

Since the textile industry is one of the most robust in the country, it has strengthened the UAE’s economy tremendously. For this reason, if you’re considering starting a business in Dubai you have to consider establishing a corporation in the textile area.

The UAE government has developed a series of advantages for foreign investors that want to set up a business in any of its jurisdiction. In addition, the process for establishing a company is pretty straightforward and you can get 100% ownership even if you’re not an UAE national.

Therefore, if you want to get all the benefits of entering this flourishing and thriving market, you have to know how you can incorporate your textile business in the UAE. It’s important to learn everything you can about this process so you can be prepared.

What is the procedure for establishing a textile business in Dubai?

What is the procedure for establishing a textile business in Dubai?

To establish a textile business in Dubai you have to follow a few stages. However, you don’t have to worry about forming your company because thanks to the UAE Government supporting initiatives, you can do it easier than ever before.

Although it’s not so complicated, you must be careful to go through each step because you have to do things properly if you want to get an outstanding outcome.

Here we have the simplified process to incorporate your company in the UAE:

– Decide Your Trade Name

The first step to start your textile business in Dubai is deciding your trade name. Your trade name is the identification of your business, so you have to choose one that suits your activity and connects with your customers as well.

It’s important to note that the UAE has some regulations regarding the trade name for businesses. You must follow them if you want to stay in compliance with the law and get the approval for your company. Here we have the rules regarding the trade name selection:

  • Don’t use controversial words
  • Avoid mentioning any religious name since this is not allowed
  • If you’re considering naming your company after the name of a person, you have to use the full name.

It’s advisable to think about two or three trade names just in case the one that you want is already taken by another business. Once you have decided, you have to register your trade name legally.

Here you can learn about how to open a general trading company in Dubai.

– Choose an Appropriate Location

The next step for having your textile business setup in Dubai is choosing your company’s location. It’s important to find a place that can be easily located by your target audience. If you want to open a shop but you look for a location that doesn’t reach your customers, you’re not going to get any success with it. Another aspect you should consider in this matter is the size of your physical space.

When you have decided the perfect location for your company, you have to get your tenancy contract. Then, you have to register it with the Dubai Land Department to get an Ejari, which is the official document for your registration. In some cases, the Ejari is mandatory for incorporating your company.

In this regard, there are some things you have to consider first regarding the nature of your business.

See all the steps to start your business in Dubai in 2021.

Retail store business

Retail store business

If you want to set up a retail store you must choose an office in a place where your clients can go to easily. In this case, you must get your tenancy contract because it’s a requirement for incorporating your company.

Once you get your tenancy contract or lease agreement, you can get your Ejari. In this case, the Ejari is mandatory for establishing your business.

Textile manufacturing business

If you’re thinking about having a textile manufacturing business, you don’t have to look for an office. You have to look for a warehouse. Then, you have to get your tenancy contract and get your Ejari.

Textile import-export business

When you’re planning having a wholesale textile business or an import-export one, you get a waived off for the Ejari of your business’ physical space for the first year. So, this kind of business could be an advantage if you’re trying to test the market.

– Choose your business structure

Choosing the proper location for your textile business in Dubai can help you get more clients. Once you have done this, you have to select the structure of your business.

This refers to the legal entity of your business and how you want to operate. Therefore, this is related to the legal framework of your company, and this is a crucial step.

You have several options for your textile business, but one of the most common ones is the LLC. Many business owners choose this legal structure because it has several benefits.

Since the UAE Government announced that LLCs no longer require a local sponsor, you can have 100% ownership of your business. This is a great advantage if you want to incorporate your company with a single shareholder.

Find out how you can get your ecommerce license in Dubai.

– Submit documents for initial approval

After deciding the legal structure of textile business in Dubai, you have to gather the necessary documentation and get your initial approval.

Keep in mind that the documentation will vary depending on the kind of legal structure you have chosen. Submit the application along with the documents to the respective legal authorities.

Once the authorities have reviewed your documents and if everything’s fine you can the initial approval. This will allow you to apply for the business license so you can start your operations in the UAE.

– Get You Business License

How to start a Textile Industry in Dubai

The final step for incorporating your textile business in Dubai is to get the business license. With this document you’re allowed to conduct business in the UAE legally. It’s important to note that you’ll have to pay a fee and it will vary depending on your business legal structure. In addition, in some Free Zones the fee may be lower or higher.

After getting your initial approval, the DED (Department of Economic Development) will issue the license for your business. Keep in mind that this is the only agency appointed by the UAE authorities to issue trade licenses.

Once you have your business license you’re able to start your textile operations in the UAE. However, although this is the last step for incorporating a business, you must know that there are a few stages you have to go through before starting such as opening a bank account, hire employees and so on.

Learn more about how to set up your business in JAFZA.

What are the Benefits of Starting a Textile Business in Dubai?

You may be wondering if it’s worth to start a textile industry in Dubai. The truth is that you can get several benefits by incurring in the textile industry since it’s one of the most profitable ones in the UAE.

Whether you’re an aspiring entrepreneur or a foreign investor looking for starting a textile manufacturing business, you can get outstanding benefits of setting up a textile business in the UAE.

Access to a diverse market

Since Dubai is a hot destination for tourism and for employment as well, many people come to this place. Therefore, if you own a textile business you can target a diverse audience. And, everyone needs to buy clothes or any other item that you sell, so it’s a product that aims a diverse audience.

In addition, Dubai has been recognized as the second largest hub for imports and exports of textile goods and fashion. So, as you can see it’s very smart to own a business in this industry that reaches thousands of people.

Expo 2020

The Expo 2020 is one of the largest events that will be hosted in the UAE. It expected that more than 25 million people attend it, and since it’s a 6-month long event it will be the perfect opportunity for you to stand out your business.

It’s the perfect place for networking and make your company to get attention. Therefore, if you’re looking for getting outstanding revenues, it’s best to start incorporating your business as soon as possible. This way, you’re able to get to the Dubai Expo 2020 and start taking your new business in the road to success.

Taxes

The UAE is known as a place that offers several benefits for business owners regarding taxes. Although the Authorities have changed the regulations regarding the VAT, you still get 0% income taxes as well as for personal and corporate taxes.

Simple process

Setting up a textile industry business in Dubai is pretty straightforward and quite simple. In addition, the UAE Government is highly cooperative with investors in this matter. This means that you won’t face any troubles or processes that take too long time and involve thousands of paperwork.

Also, the UAE has put in place several initiatives to make the process seamless. As a business owner, you can get several benefits and you can start conducting businesses once you get your license.

Strategic location

The UAE is located strategically, being the connection for people who come from the West and the East. And Dubai is the preferred city for international entrepreneurs and investors that want to take advantage of this perfect location.

Since it’s a place that connects the world, you have to take advantage of it. Therefore, you have to start a business that allows you to get benefits from all the people that come to this place.

Repatriation of profits and capital

The extra capital is a matter that worries several business owners when it comes to start or liquidate the company in another country. However, in Dubai you don’t have to worry about this matter.

You get the complete repatriation of the profits you have earned as well as for the capital you invested in your business.

What are the documents needed to start a textile industry business in Dubai?

What are the documents needed to start a textile business in Dubai?

To incorporate your textile business in Dubai you must gather the following documentation:

  • Copies of your passport and your business partners’
  • Copies of your visa and your business partner’s. If you’re an UAE resident you must submit a copy of your residence visa, and if you’re a non-resident you must submit your tourist visa.
  • Emirates ID copy (for UAE residents)
  • Initial approval certificate
  • Certificate for trade name registration
  • MOA (attested) with proof of approval of business information
  • Tenancy agreement and Ejari for your physical shop or warehouse (if necessary)
  • External approval from relevant authorities in the textile area

Keep in mind that these documents may vary depending on the structure of your business. In addition, the UAE Authorities may request for additional documents in case they consider it.

Be sure to have your documents attested and translated, especially when it comes to foreign documents.

ConnectZone can help you plan your textile business setup.

If you’re planning to start a textile industry in Dubai and you want to get assistance with this matter, here in ConnectZone we can assist you. Whether you’re looking for having a retail store or a wholesale business, we can help you.

Although incorporating a company is quite simple, you need to have assistance from experts if you don’t want to face any issues. Our team of specialists can help you understand everything about the process so you can get a comprehensive service that matches your requirements.

Get all the benefits of having a textile business in the UAE, which is one of the most profitable markets in the world. Just contact us  at +971 4331 6688 or contact@connectzone.ae and we will provide the necessary information.

Contact Connect Zone Now !

 

Opening a General Trading Company in Dubai – In Just #5 Steps

How to Start a General Trading Company in Dubai

Dubai and the United Arab Emirates have been one of the major business locations for entrepreneurs and start-ups investors. The country is perfectly located joining the markets of both East and West. That is to say, opening a general trading company in Dubai is the perfect option for businessmen looking for beneficial investment.

In this article, you will learn how to open a general trading company in Dubai and why it is important for companies. In addition, you will understand every step of the procedure when you are opening a general trading company in Dubai. To sum up, in this article you will understand why Dubai is the perfect place to open your company. Let’s observe:

  • 5 Steps to Start a General Trading Company in Dubai
  • STEP 1: Develop a Business Plan
  • STEP 2: Choose the Jurisdiction
  • STEP 3: Find a Sponsor
  • STEP 4: Legal Formalities
  • STEP 5:  Documents required
  • Why Dubai is the perfect place for general trading?
  • Who issues Trade Licenses in Dubai?
  • Advantages of owning a Trade License
  • Annual costs of having a trading company
  • Benefits of setting up a business in Dubai
  • How can ConnectZone help you to start a trade business in Dubai?

5 Steps for Starting a General Trading Company in Dubai

Steps to Start a General Trading Company in Dubai

Dubai is a member of the World Trade organization; the country offers the perfect market space for entrepreneurs and investors. Let’s take a look at the 5 steps to general trading company license in Dubai:

STEP 1 : Develop a Business Plan

One of the most important step when you are in the process of starting up a company is to plan the type of business you want. Similarly, it’s good to start your company with a good plan. Likewise, it is mandatory in Dubai and all the UAE to have a properly formulated plan. A good plan must have the following information:

  • Products and activities.
  • Total number of employees.
  • Office space requirement.
  • Investors and financing.
  • Market.
  • Initial investment.
  • SWOT analysis.
  • Marketing tactics.
  • Competitors.

The businessman must study the parameters to formulate them properly. Moreover, this plan must be chosen wisely: the market, the activities, and the initial investments.

STEP 2 : Choose the Jurisdiction

Free Zones: there are currently 48 free zones. Free zones normally give 100% ownership and 100% tax exemptions to investors.

Offshore: offshore organization is a company set up in a different country from the residence of the investor.

Mainland: mainland the investors of the organization must find a sponsor to establish their company, 51% of shares approximately.

Choose the jurisdiction according to the requirements of the company. However, some investors think is better to invest in the mainland because there is more exposure to customers, there is no issuance limitations of work visas, and you can trade with other companies.

STEP 3 : Find a Sponsor

If the owner decides to set the company in the mainland, the company must meet some requirements. In addition, one of the most important requirements the company must fulfil is to find a sponsor. This sponsor will get a 51% share of the company. To sum up, there are 3 types of sponsors in Dubai.

  • Firstly, the sponsor will sign documents and will take care of the business’ problems. Moreover, sponsors charge the lowest fees.
  • Secondly, this type of sponsor is middle-level government-related investors who have big connections. The fee for this type of sponsors is higher.
  • The last type is to the high-level brands that are connected to senior levels. Their fee is the highest.

STEP 4 : Legal Formalities

The process of obtaining a trade license for your company is crucial as it makes your business legal. When you are opening a general trading company in Dubai you will need a trade license, in addition, you will need it for many activities, when trading products are imported and exported, etc.

However, these licenses cover several aspects such as, clothing, accessories, fixtures and furniture, electronic appliances and pieces of equipment. The next list contains the steps for obtaining a trade license:

  • Choose an appropriate trade name for the organization.
  • Plan the business activities.
  • Fill the application and submit it for approval.
  • Get the external approvals if it is required.
  • Present the required documents; the memorandum of association and the government-accepted documents.
  • Choose a business location and obtain the tenancy contract by the Ejari.
  • Submit the application to the DED.
  • Pay the fee of the license.

Moreover, If the company is in need of an offshore or free zone license, it is required to submit the original documents to the commercial registration department. Therefore, when you are of opening a general trading company in Dubai and the process of obtaining a license is done, the DED will issue the license.

This license is valid for one year. a general trade license Dubai Cost is AED 28,000 TO AED 42,000 approximately.

STEP 5 : Documents Required

Documents required

  • A license application signed by; managers and legal representatives.
  • MOA.
  • Certified company name approval letter from DED.
  • Passport copy of the company partners.

Company officials must verify and check the documents once they are submitted. After that, the name of the company will appear in the commercial registry. Therefore, the DED sends the documents to the Federal Ministry of Economy. When the publication is successful, the ministry will issue the approval.

7. Why Dubai is the perfect place for general trading?

  • Dubai geography: companies operating in Dubai are connected with Africa, Asia, and Europe. However, easy access and good administration are the key to a successful importing and exporting process. That is to say, the location contributes to set up an efficient trading company.
  • The ecosystem of Dubai: Dubai’s economical system suits plenty of companies. Company formations are guided through DED and directed through supportive laws taken by judicial procedures. An efficient way to grow in Dubai is by trading.
  • Trading policies: the UAE’s government has set trade policies for general trading companies in Dubai. The country offers plenty tax advantages and the lowest duty on import and exports. Likewise, companies in Dubai have the liberty to develop trade policies that ensures their growth.
  • Tax advantage: companies in Dubai and in the UAE enjoy tax policies that include double taxation agreements and international trading partners. However, the government created a beneficial tax scheme that benefit all types of investors.
Read More About : How to Start a Business in Dubai UAE : Complete Steps [2021 – Guide]

8. Who issues Trade License Dubai?

The Department of Economic Development (DED) is in charge of issuing trade license Dubai. That is to say, if your organization is established in one of the Free Zones, the certified jurisdiction will provide the business license. Therefore, if your company is located onshore or on the mainland you must apply for a trade authorization.

Moreover, the process of opening a general trading company in Dubai requires paperwork and documentation, it could also involve other documents for other government bodies. However, the process could take from three days to several weeks.

Your business determines the length of the process, all the permission documents you need, and other factors. That is to say, if you have all the required paperwork at hand, it will not take more than a week.

To sum up, normally trade licenses may cost +12,000 AED. In addition, activity fees start from AED 150 to 500 depending on the business activity.

9. Advantages of owning a Trade License

Advantages of owning a Trade License

The UAE government is always aiming towards more foreign investment and economic growth; however, the trade licenses have crucial advantages to investors and business owners:

  • Low rate of importation Import duty is low
  • Paid-up capital is not mandatory.
  • No repatriation profits.
  • Tax-free country.
  • Provides a safe space for local and international trading.
  • Several banking benefits.

10. Annual costs of having a trading company

There are ONLY four annual costs when you are opening a general trading company in Dubai. One of the costs is corporate sponsorship fees contracted to your local sponsor; in addition, the license renewal fees are paid to the DED. The company must pay the immigration card fee to the Immigration Department.

Likewise, you will pay the rent each year according to your rent or lease agreement for your warehouse, office or commercial space.

The company also needs to renew its investors visas. Subsequently, all the investor visas are valid for a three-year period.

Read More About : How to Get an E-commerce License Dubai in 2021

11. Benefits of setting up a business in Dubai

How to Open a General Trading Company in Dubai

Dubai is attracting many entrepreneurs that want to leave their mark in the UAE. The country has a potential to reach worldwide customers. Therefore, setting up a company in the UAE is a good decision; the cost effective, innovative, and flexible rules to create a business in Dubai is one option which anyone can consider.

Low investment required.

  • Flexible options to the business.
  • Low risk.
  • Market connectivity.
  • Taxation Benefits
  • Government support
  • Expansion opportunities

How can ConnectZone help you to start a trade business in Dubai?

Now that you know everything need to know regarding the opening a general trading company in Dubai, all the requirements and the step-by-step procedure. ConnectZone can set your company in the best location in the UAE:

  • Free Zone.
  • Mainland
  • Offshore

We specialize in working with companies by providing them with the best business setup services. However, we have a qualified and experienced team that will help make your VAT registration.

Moreover, we offer you our Local Partner Services in case your business requires someone you can totally trust. Depending on the kind of business you want to establish, we will find the most favorable location for you.

On the other hand, you will have the opportunity to select one of the many packages we offer to boost your setup process. We also have other services including payroll, HR management systems, and WPS.

With more than 20 years of experience and our main goal is to help your company grow and provide it with the most efficient business services and solutions.

Would you like to contact ConnectZone to obtain tips and more useful information about the process of opening a general trading company in Dubai?

If you have any inquiries, you can email us at contact@connectzone.ae or If you want call us on +971 4331 6688 and you will talk to one of our representatives who will kindly answer all of your questions.

Contact Us Today !

How to Start a Business in Dubai UAE : Complete Steps [2021 – Guide]

What are the steps to starting a business in Dubai?

Starting a company is an important decision. It involves, organization, conceptualization, researching, budgeting, and decision-making. In addition, it requires assistance and advice in several processes, for example, choosing the right trade license. The process of how to start a business in Dubai or the UAE can be confusing if you do not have the proper advice.

In this article, you will learn everything regarding how to start a business in Dubai, the step-by-step process and things to consider. Moreover, here you will understand how to take advantage of the UAE low tax policies, and the type of trade license that suits your company. Let’s observe:

  1. Choose a type of business activity
  2. Choose a jurisdiction.
  3. Complete the company’s legal form and structure.
  4. Obtain authorization for your business name and activity.
  5. Apply for your business license.
  6. Register for your business.
  7. Search a local representative (if required)
  8. Obtain your external approvals
  9. Prepare a memorandum of understanding.
  10. An Office, a Place to Work
  11. Get the tenancy contract & ejari
  12. Obtain the preliminary approval
  13. Obtain your Trade license
  14. Why should I set up a business in the UAE?
  15. How can ConnectZone help you to start a business in the UAE?

1. Choose a type of business activity

Choose a type of business activity

The ease of doing businesses and its low tax policies have placed the country as a business pivot in the Middle East.

However, when you are in the process of selecting your business activity for your upcoming venture, have in mind the viability of the activity you choose concerning the market you want to settle in. Therefore, before opening a company in the country, research the profitability and the practicality of the business activity.

Here is a list of the top 10 most successful business activities in the UAE:

  1. Construction: there are wide opportunities are open for architects, construction firms, engineers and other professionals in this area.
  2. Handyman: to create this type of business you must design a plan after the research of your marketing and financial plan.
  3. Oil and Gas: remains as the dominant sector in Dubai, operations like exploitation, transportation, extraction and distribution are generating massive revenue for investors.
  4. Real estate agent: for this type of business, you must take advice from a consultancy agency and get the required licenses.
  5. Travel and tourism: there are many opportunities in all types of tourism including business tourism, sports tourism, cultural tourism, and shopping tourism.
  6. Job Agencies: many ex-pats arrive in the UAE searching for job opportunities, in addition, all companies are having trouble finding skilled and professional employees.
  7. Mobile and web development: e-commerce, web, mobile development, and internet marketing are the most trending sector for local and foreign investment.
  8. Online tyre trading business: the rise of high-end cars in the UAE has given a huge opportunity for online tyre traders.
  9. Hair salon and beauty: you must know the requirements for this business and, in addition, know fashion trends and products.
  10. Business Consultancy: this business requires experience and experts, but it is a profitable business.

2. Select the jurisdiction

The United Arab Emirates is divided into economic zones:

  • Offshore
  • Mainland
  • Free Zone

Offshore Company: this is a popular method of doing business in the region. For example, there are 3 offshore jurisdictions: Ras Al Khaimah, Ajman, and Dubai (Jebel Ali Offshore Company).  These jurisdictions offer similar services but have different strategic goals.

Mainland Company: they are issued by the Department of Economic Development of the specific emirate. However, mainland organizations are allowed to do business in the local market and outside the UAE without restrictions.

Free Zone Company: setting a company in any of the UAE’s free zones may be the best option for foreign investors. The UAE has 35 Free Trade Zones and 20 of them are located in Dubai. Likewise, the main pro of setting a business in a free zone is that national shareholding is not mandatory.

However, they are also known as jurisdictions, each has its own sets of regulations and laws regarding the business setup. Therefore, all economic zones handle different business needs. For instance, have in mind that your business jurisdiction depends on your company’s requirements.

3. Complete the company’s legal form and structure

One of the most important decisions when starting a business in the UAE is the Legal form of your company. Firstly, it establishes the structure when dealing with profits and losses. Secondly, it organizes your assets and resources. When you find yourself in the initial stages of how to start a business in the UAE, decide the legal form. Therefore, this will help your company to have a legal layout.

The list below has some of the company structures or legal forms that you can register your company in the UAE:

  • Local company.
  • Sole establishment.
  • Civil company.
  • Limited liability company (LLC).
  • Free zone company.
  • Branch of Dubai based companies
  • Partnership
  • Branch of UAE based companies
  • GCC company.
  • Foreign company.
  • Holding Company

4. Obtain authorization for your business name and activity.

Obtain authorization for your business name and activity.

The trade name for your company must get approval from the DED before you start the set-up process. However, your selected business activity also gets the approval during this stage. Once you get the approvals from the Department of Economic Development, you must submit all the paperwork and documents. To sum up, when this process is finished, you can begin to process the opening of the business.

5. Apply for your Business License.

There are four types of trade licenses in the United Arab Emirates, they are also called business licenses:

  • Commercial License
  • Professional License
  • Industrial License
  • Tourism License

Commercial License: is one of the most popular licenses in the UAE, businesses operating in the area of purchase and sale of physical goods apply for this type. In addition, businesses operating in the UAE or outside can operate with a License from Dubai.

Professional License: companies involved in the use of people’s mental abilities must obtain a professional license. For example, this license is available for consultants, lawyers, mechanics, and IT service suppliers.

Industrial License: this industry relies on professional skills and, in other words, every specialist must obtain this type of license to work in the UAE.

Tourism License: Dubai has become a global pioneer and a center of attraction for foreign investment, international travellers and casual visitors.

If you are thinking about how to start a business in the UAE you can apply for any of these licenses. Likewise, the business activity of your company will decide the licensing structure, it is different in each Free Zone.

Read More About : How to get an e-commerce license Dubai

 

6. Register for your business

Getting a trade license and registering your company is a simultaneous process. Therefore, the entire process of submitting the documents and getting approval goes through various stages. You must get approval from the UAE’s government authorities in order to comply with the Department of Economic Development.

 

7. Search a local representative (if required)

Before, it was mandatory to find a local partner to open a company in Dubai. Most importantly, the local partner had to be an UAE national only. Locating a trustworthy representative can be sometimes an exhausting process, especially for aspiring entrepreneurs looking to start a small business in Dubai or the UAE.

However, business consultants serve as a connection between the you and the companies that offer corporate sponsorship. Above all, you will get the documented authority and total ownership of your business.

8. Obtain your external approvals

The Department of Economic Development could request approvals from other governments and non-government bodies, it will depend on your company’s activity. For example, some companies may submit approvals from, embassies, banks, and in some cases, the municipality.

9. Prepare a memorandum of understanding

Certainly, to start a business in Dubai the applicant must understand the complexity of the Memorandum of Association (MoA). That is to say, the document is drafted according to the UAE’s government mandates. Therefore, before you start a company in Dubai you should consider your business interest.

10. An office, a Place to Work

If you are starting a business in Dubai, you can choose a shared office in a business centre or you can rent an office, it totally depends on your business needs. In other words, the office space can be an important factor to determine the number of visas you can request to the DED.

11. Get the tenancy contract & Ejari

When you are starting a company in the UAE or Dubai, you may need an ejari. It is the official accord between you and a real estate agency, to sum up, an ejari is a mandatory registration of your tenancy contract. In addition, it is an online system put up by the Real Estate Regulatory Agency (RERA).

Certainly, this system ensures transparency and fairness between the parties involved in the tenancy. Therefore, the applicant must submit the tenancy contract and other documents in order to activate the Ejari. This is a very important document because you need it to renew visas for your family members or to get one for yourself.

12. Obtain the preliminary approval

The applicant must get the initial approval from the Department of Economic Development in order to get the business license. Moreover, the approval indicates that the United Arab Emirates government does not deny the applicant to start the business. Most importantly, the process cannot go to its next step if you do not receive the approval from the DED.

13. Obtain your Trade license

Obtain your Trade license

In order to get a UAE trade license, you must submit the following documents:

  • Trade license application
  • Relevant government forms
  • Trade name reservation certificate
  • Initial approval certificate
  • Memorandum of Association (MoA
  • External approvals (if any)
  • Ejari registration certificate
  • Tenancy contract
  • Passport copies of partners
  • NOC for partners (if any)
  • Other requirements by the DED (if any)

The applicant must submit the documents to the Department of Economic Development with the necessary government fees.

14. Why should I set up a business in the UAE?

The UAE is a perfect business destination for several industries due to a variety of reasons, it is located in the middle of Asia and besides Europe. In addition, the UAE’s business-oriented environment goes along with global practices and to inspire entrepreneurs to invest in new business ideas. Likewise, the UAE offers operations with the lowest taxes policies around the globe.

However, the policy of capital repatriation with no restriction and the financial freedom the companies have. To sum up, this type of financial freedom is not common in highly developed business territories. In conclusion, all these previously mentioned advantages make the UAE the perfect country for entrepreneurs and foreign investors.

15. How can ConnectZone help you to start a business in the UAE?

Now that you are totally aware of everything you need to know about how to start a business in the UAE, all the requirements and the step-by-step procedure.

In addition, ConnectZone can set your company in the best location in the UAE, whether it is in the Free Zone, Mainland, or Offshore. We specialize in working with companies by providing them with the best business setup services. Howver, we have a qualified and experienced team that will help make your VAT registration.

Contact Expert Consultants at Connect Zone !

Similarly, we can offer you our Local Partner Services in case your business requires someone you can trust. Depending on the kind of business you want to establish, we will find the most favorable location for you. Besides, you will have the opportunity to select one of the many packages we offer to boost your setup process.

We have other services including payroll, HR management systems, and WPS. We also have the best payroll software in the market.

With more than 20 years of experience and our main goal is to help your company grow by providing you with the most efficient business services and solutions.

Would you like to contact ConnectZone to obtain tips and more useful information about Labor Cards?

If you have any inquiries, you can email us at contact@connectzone.ae or If you want call us on +971 4331 6688 and you will talk to one of our representatives who will kindly answer all of your questions.