Connect Zone offers product registration in Dubai

product registration in Dubai

Dubai is one of the places that offer the best opportunities to import, distribute, manufacture, and re-export a large number of products. For example, food, cosmetics, hand sanitizers, and many others. This emirate is the center of trade between different markets on an international level, for this reason, the UAE government has tried to make the product registration in Dubai as efficient and easy as possible.

In this article, you will find information about product registration in Dubai, the various products that you can register in this emirate, the benefits that registering these products gives you, and how we can help you with this process.

  1. What is product registration?
  2. How to register a product in Dubai?
  3. Benefits of registering a product
  4. Cosmetic product registration
  5. Food product registration
  6. Health supplement registration
  7. Ministry of Health product registration
  8. How can we help you register your products in the UAE?

1. What is product registration?

Product registration in Dubai is a process carried out by the relevant government authorities to register any manufactured or imported product. Different types of products go through this process. And each of them must be registered before import, promotion, and sale in Dubai. Several authorities, such as the Safety and Health section of Dubai Municipality (DM), the Ministry of Health, and the Food Department, conduct the product registration process.

This process ensures that each product, whether it is a package food product or cosmetic product, has all the necessary information on its label. In this way, it ensures that the customer gets clear information about the products they are going to buy. For cosmetic products, Dubai Municipality is responsible for checking the presence of any substance that may be harmful to humans. The same happens with food products, everything that is not suitable for human consumption cannot be imported into Dubai.

All products registered in this emirate are integrated into a single system. This makes it easy for traders, customers, and the government to get detailed information about all the registered products.

2. How to register a product in Dubai?

2.1 Set up a company

The product registration in Dubai can only be processed through a company in the emirate or in one of the UAE free zone. You must have a valid trade license to be able to operate in the country. Please note that only a local UAE company with the appropriate business activity can register their products with Dubai Municipality.

2.2 Registration of the company with Dubai Municipality

After forming your company in Dubai or in the UAE free zone, the next step is to register it in Dubai Municipality. This requires certain information, for example, the trade license of the company, contact details, email address, etc.

2.3 Submission of the necessary documents

The third step in the product registration in Dubai is the submission of the required documents to apply for the label assessment of the products as per the product category. In addition to this, you must provide a product sample to the CPSS.

When the assessment of the label is done, then the Dubai Municipality will deliver a label assessment report which comprises a product description.

3. Benefits of registering a product

Some of the benefits that you can acquire when registering your products are the following:

  • The product can be imported, sold, and promoted in the Dubai Local Market
  • Except for a few unethical and harmful products, there is a wide variety of products that can be registered in Dubai.
  • Registering your product in Dubai will make it eligible not only in Dubai and the UAE, but you can also launch your product in the whole GCC area.
  • Hassle-free trade in the UAE and internationally.

Note that the product registration in Dubai is valid for 5 years for each registered product.

4. Cosmetic product registration

One of the most important items to import in Dubai is cosmetics. In order to export and import these items, the government of the UAE needs them to register according to international standards:

  • This registration can be only done through local companies that hold a valid trade license in Dubai Mainland or the UAE Free Zones.
  • These products must meet the requirements set by the health and safety departments.
  • Cosmetic product registration is compulsory. In other words, all companies that wish to sell, import or distribute cosmetic products must register those products.

4.1 Important aspects to keep in mind about cosmetic product registration

  • The main functions of cosmetics are to protect, cleanse, change appearances, perfume, correct body odors and keep it in good condition.
  • Those products included in “cosmetics” are those that are intended for the oral cavity, teeth, and external parts (lips, nails, epidermis, hair, etc.) of the body.
  • You cannot sell, manufacture, import, and place in the market any cosmetic before registering it with the relevant authorities and licensing its brand.
  • All the ingredients included in the cosmetic must be safe for the human body. Any prohibited ingredient or unsafe amount of any restrictive item will make it unsuitable for registration in Dubai.
  • There are different authorities for the registration process depending on the cosmetic product. For this reason, the authorities may require specific documents for the licensing and registration process.
  • In the case of importing any cosmetic product in Dubai, these documents must be certified by the UAE Embassy.

4.2 Why is cosmetic product registration compulsory?

The cosmetic products industry is one of the top industries in the world. The UAE has a great market and the cosmetic business is growing every day. The main reason why product registration in Dubai is mandatory is to provide safety to residents of this emirate.

Cosmetics are those constitutes that change the appearance of the face or the texture of the body. Both natural and artificial items are used for the preparation of cosmetic products. This is why the government of the United Arab Emirates is very keen to make sure the quality of such products through comprehensive and modern assessment.

4.3 Benefits of cosmetic product registration

The benefits of registering your cosmetic products are the following:

  • Tax-free or very low tax business opportunities.
  • Access to profitable markets of UAE, Dubai, and other countries of the Gulf.
  • Label protection and brand protection.
  • Right to manufacture, import, and re-export cosmetic products.
  • Complete assistance from the government of Dubai.

4.4 List of cosmetic products

Some of the accepted cosmetics in Dubai are the following:

  • Lotions, gels, creams, and also oils for the skin.
  • After-bath powders, make-up powders, hygienic powders, etc.
  • Shower and bath preparations (foams, salt, oils, gels, etc.)
  • Face mask (with the exception of peeling products)
  • Shaving products (lotions, foams, and also creams)
  • Skin-whitening products
  • Tanning and sunbathing products.
  • Hairdressing products (lotion, brilliantine, and also lacquers)
  • Deodorant soaps, toilet soaps, etc.

5. Food product registration

Dubai is the perfect place for the manufacture and import of food products. To ensure this the government has created a complete procedure for food product registration in Dubai. This process is, generally, quite strict because one of the priorities is to allow only the best food products in Dubai, free from all types of harmful effects.

5.1 Relevant factors about food product registration

  • The first requirement is to register the food product with Dubai Municipality. This entity is responsible for registering all food products on its food import & re-export system (FIRS)
  • You will need to submit certain documents to Dubai Municipality. For example, email, trade license, location in Dubai, fax/telephone number, and name and number of the company’s representative.
  • All products must include the following: Product name, brand name, net weight, expiration/manufacture date. Using incorrect tags or posting false descriptions can result in a fine from AED 10,000 to AED 100,000.
  • In the case of imported products, you must present the following additional documentation: An original health certificate from the country of origin, a packing list, and also a Halal certificate from an approved Islamic organization.
  • For food product label approval in Dubai Municipality, the company must mention the country of origin, shelf life, and also storage condition on the label.
  • The food officer will take a sample of your product, which will be lab-tested in the food department in Jebel Ali for standard checking.
  • You cannot apply for prohibited items, for example, alcohol, poppy seed, and others mentioned by authorities.
  • The name and account of any food product must be unique.

6. Health supplement registration

Dubai is one of the most lucrative places for traders and merchants from around the globe. But it is also one of the strictest regarding the quality of various products. This is the case with health supplements.

6.1 Critical aspects of health supplement registration

Some of the most important requirements that you should take into account are supplement requirements the following:

  • Pharmaceutical companies and other types of companies must market and prepare these products.
  • It is necessary to put on their labels that they are food supplements and not actual food.
  • Health supplements include those products that a person takes to provide additional nutrition to the body apart from food. For example, minerals, herbs, vitamins, etc. They, generally come in the form of tablets, capsules, liquids, powder, etc.
  • Any type of misleading information or contrary to scientifically proven claims will result in the ban of such products.
  • The health supplements cannot contain any flavor, color, or ingredient banned by the government of Dubai.

7. Ministry of Health product registration in Dubai

All pharmaceutical companies must register with the respective department of the Ministry of Health and Prevention. Only after that, companies will be able to register medical and pharmaceutical products, devices, and instruments. Note that health supplement registration in Dubai is a different process.

7.1 Requirements from the Ministry of Health

  • You must submit the documentation and the technical requirements together with the application. The documents and requirements will vary depending on the type of device or product.
  • The local representative or manufacturer must submit the application in the related apartment of the Ministry of Health. This application can be in Arabic or English.
  • After approval, the registration will be valid for five years. After that time, you must renew the registration.
  • Approval from the Ministry of Health may take several months.

7.2. Benefits of Ministry of Health product registration

  • After the registration of certain products, companies can manufacture, import, and also re-export devices and medical products to other countries as well.
  • Due to the adoption of international standards, products registered in the Ministry of Health and Prevention are accepted in GCC and other foreign countries without much hassle.
  • The UAE has a vast market with an affluent and health-conscious population, so there is a large scope for the growth of medical products in Dubai.
  • Medical tourism has increased in recent years, especially in Dubai. Thousands of people come to the emirate to take advantage of world-class medical facilities at a much lower price compared to other advanced countries. This increases the scope of the UAE and Dubai markets.

8. How can we help you register your products in the UAE?

Connect Zone is a business setup consultancy and company formation agency with more than twenty years of experience. Helping new and experienced entrepreneurs build the company of their dreams.

With hundreds of happy customers, Connect Zone is the ideal partner to register products for you, we will take care of all the necessary paperwork, and we will be the communication bridge between your company and the corresponding government entities. Also, we can help you with other types of procedures. For example, we can assist you with your visa application process, and the opening of a bank account.

Do you want to learn more about product registration in Dubai? Do not hesitate to contact us at +971 43 316 688. Alternatively, reach us through the email contact@connectzone.ae. One of our representatives will attend to all your concerns.

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What is an IPO and how does it work?

IPO process

Diversifying investments will allow entrepreneurs to receive varied sources of income in the short and long term. An investment in an initial public offering has the potential to generate attractive returns. However, before you invest, you need to understand the rules associated with the IPO process, the additional risks, and how the process of trading these securities differs from ordinary stock trading.

In this article, you will learn about the IPO process, the advantages and disadvantages of this process, what to expect when you invest in these securities, the reasons why a company goes public, as well as how we can help you learn more about this matter.

  1. What is the IPO process?
  2. How does an IPO process work?
  3. The Initial Public Offering process
  4. Benefits and challenges of an IPO
  5. Why does a company go public?
  6. What to expect when you invest in an Initial Public Offering?
  7. How can we help you learn more about IPOs?

1. What is the IPO process?

An Initial Public Offering is a process of a public offering of shares of a private corporation in a new issue of shares. This offering allows a company to raise capital from public investors. The transition from a private to a public company can be an important process for private investors to fully realize the return on their investment, as it typically includes an issue premium for current private investors. In the meantime, it also allows new entrepreneurs to enter this offering.

Some key aspects of this process are the following:

  • Companies hire investment banks to gauge demand, set the price and date of the Initial Public Offering, and more.
  • An Initial Public Offering can be seen as an exit strategy for early investors and company founders, who get the full benefit of their private investment.
  • Companies must meet the requirements of exchanges and the Securities and Exchange Commission (SEC) to conduct an initial public offering.
  • IPOs provide companies with the opportunity to raise capital by offering shares through the primary market.
  • The IPO meaning is “Initial Public Offering” and refers to the process of offering shares of a private company to the public in a new issue of shares.

2. How does an IPO process work?

Before an Initial Public Offering, you can consider a company private. As a pre-IPO private company, the business has grown with a low number of shareholders, including early investors like the founders, friends, and family along with professional investors such as angel investors or venture capitalists.

This kind of offering is an important step for a company as it provides access to a lot of money. This gives the business a greater ability to expand and grow. The share listing credibility and increased transparency can also be a factor in helping in obtaining better terms when seeking borrowed funds as well.

When a company reaches a stage in its growth process where it thinks it is ready for the rigors of SEC regulations along with the responsibilities and benefits to public shareholders, it will start to promote its interest in going public.

Generally, this stage of growth will occur when the company reaches a private valuation of approximately $1 billion, people call this the unicorn status. However, private companies with various proven profitability potential and strong fundamentals can also qualify for an Initial Public Offering, depending on their ability to meet listing requirements and the market competition.

The Initial Public Offering shares of a business are priced through underwriting due diligence. When a company stops being private, the previously owned share ownership converts to public ownership. And the existing private shares become worth the public trading price.

Meanwhile, the public market opens up great opportunities for hundreds of investors to buy shares in the company and contribute capital to the shareholders’ equity of a company. The public consists of every person who wants to invest in the business. Overall, the shares the company sells and its prices are the generating factors for the company’s new equity value.

3. The Initial Public Offering process

This comprehensive process consists of two parts. The first part is the pre-marketing phase of the offering, while the second part is the IPO itself. When a business has an interest in the process, it will advertise to underwriters by soliciting private bids or it can also make a public statement to generate interest.

The company chooses the underwriters and they lead the IPO process. The business may choose one or many underwriters to manage different parts of the process collaboratively. The underwriters are involved in every aspect of the initial public offering, document preparation, due diligence, filling, marketing, and issuance.

Some of the steps to perform this procedure are the following:

3.1 Proposals

Underwriters present valuations and proposals discussing their services, the best type of security to issue, the number of shares, the offering price, and the estimated time frame for the market offering.

3.2 Underwriters

The business chooses its underwriters and formally agrees to underwrite terms through an underwriting agreement.

3.3 Team

Initial public offering teams are made up of lawyers, underwriters, certified public accountants (CPAs), and Security and Exchange Commission (SEC) experts.

3.4 Documentation

Information about the company is gathered for the required IPO documentation. The Registration Statement is the first document you need to take care of. It has two parts, the private held filing information, and the prospectus.

The Registration Statement includes preliminary information about the expected date of the filing. It will be revised often throughout the pre-initial public offering process. The included prospectus is also revised continuously.

3.5 Marketing and updates

Marketing materials are used for pre-marketing of the new share issuance. Executives and underwriters market the share issuance to estimate the demand and establish a final offering price. The underwriters can review their financial analysis throughout the marketing process. This may include changing the issuance date or the initial public offering price as they see fit.

Businesses take the necessary steps to meet specific public share offering requirements. The companies must adhere to SEC requirements for public companies and the exchange listing requirements.

3.6 Boards and processes

Form a board of directors and ensure processes for reporting accounting and auditable financial information every quarter.

3.7 Shares issued

The business issues its stocks on an initial public offering date. The stakeholders receive the capital from the primary issue as cash and record it as stockholders’ equity on the balance sheet. Subsequently, The value of the shares on the balance sheet becomes dependent on the valuation of the capital per share of the company’s shareholders.

3.8 Post-IPO

Some post-IPO provisions may be instituted. Underwriters may have a specific time frame to buy the number of shares after the initial public offering date. Meanwhile, certain entrepreneurs may be the subject in some periods.

4. Benefits and challenges of an IPO

The objective of an initial public offering is to gain extra capital for a company. It can also come with other benefits, but also disadvantages.

4.1 Benefits

One of the main advantages is that the company gets access to investment from the entire investing public to raise capital. This increases the company’s exposure, and public image, which can help the company’s profits and sales and facilitates acquisition deals.

Also, the full transparency that comes with the required quarterly reporting can, generally, help a company receive more favorable credit borrowing terms than a private company.

Some specific advantages are the following:

  • Retain and attract skilled employees and better management through liquid stock equity participation (e.g ESOPs)
  • You can raise additional funds in the future through secondary offerings.
  • An initial public offering can give a company a lower cost of capital for both debt and equity.

4.2 Challenges

Businesses can confront several disadvantages to going public and potentially choose alternative strategies. Some of the biggest drawbacks include the costs of maintaining a public company ongoing and the fact that Initial Public Offerings are expensive.

Fluctuations in the share price of a company can distract management, which can be evaluated and compensated based on stock performance, rather than real financial results. As well, the company requires to disclose accounting, financial, tax, and other business information. During these disclosures, it may have to publicly reveal business methods and secrets that could help competitors.

Strict governance and leadership by the board of directors can make it more difficult to keep proper managers willing to take risks. Remaining private is always an option. Instead of going public, the businesses may also request bids for a buyout. In addition to this, there may be some alternatives that companies may explore.

Some specific disadvantages are the following:

  • The increased effort, time, and attention required of management for reporting.
  • Significant marketing, accounting, and legal costs arise, many of which are ongoing.
  • There are stronger agency problems and frequent loss of control.

5. Why does a company go public?

5.1 Raise capital for expansion and growth

Every business needs money to create new products, pay off existing debts or increase its operations. Going public is the ideal way to earn the much-needed money for the company.

5.2 Allowing owners and early investors to sell their stakes to make money

Going public is an exit strategy for venture capitalists and initial investors. A business becomes liquid through the sale of stocks in an initial public offering. The capitalists sell their shares in the company at this time to reap returns and exit from the business.

5.3 Greater public awareness

Initial public offerings are in the stock market calendar. There is a lot of publicity and buzz around these events. This is a great way for a company to advertise its services and products to its new set of customers in the market.

6. What to expect when you invest in an Initial Public Offering?

When a company decides to raise money via an Initial Public Offering, it is only after careful consideration. This exit strategy will raise the most capital for the business and maximize the returns of early investors. Therefore, when it is decided to carry out the Initial Public Offering, the prospects for future growth are likely to be high.

The Initial Public Offering is, generally, discounted to ensure sales, which makes them more attractive. Especially when they generate a lot of buyers from the primary issue. Initially, the price of the IPO process is, generally, set by the underwriters through the pre-marketing process. At its core, the Initial public offering price is based on the valuation of the company using certain fundamental techniques. The most common is discounted cash flow, which is the net present value of the future cash flows of the company.

Interested investors and underwriters look at this value on a per-share basis. Other methods you can use for setting the price include enterprise value, comparable firm adjustment, equity value, and more. The underwriters do factor in demand but they also discount the price to ensure success on the Initial Public Offering day.

6.1 Tips for entrepreneurs investing in Initial Public Offering

It can be quite hard to analyze the technicals and fundamentals of an Initial Public Offering issuance. The entrepreneurs may watch new headlines, but the main source of information should be the prospectus, which is available as soon as the company files its Registration Statement. The prospectus provides a lot of useful information.

The entrepreneurs should pay more attention to the management team and their commentary, as well as the specifics of the deal and the quality of the underwriters.

Successful IPOs will, generally, get support from big investment banks that can promote a new issue well. Overall, the road to an initial public offering is a very long one. As such, investors can follow developing headlines and other information along the way to help supplement their assessment of the best and potential offering price.

7. How can we help you know more about IPOs?

Every company goes through different processes of adaptation and transformation according to its objectives and its presence in the market. Going through these processes without the help of a professional can be long and tedious. For this reason, Connect Zone is here to offer you all kinds of services that make managing your company easier.

Our professionals have more than twenty years of experience managing companies and we have achieved the successful establishment of more than a thousand clients. Some of the services we can offer you are, full guidance during the process of your freelance visa, a proper VAT and tax consultation, and a wide range of PRO services for your business. Find out all we have to offer you!

Do not miss the opportunity to work side-by-side with highly qualified professionals, you can contact us at +971 43 316 688 or via email at contact@connectzone.ae. Our advisors are ready and waiting for you!

Check out the best job offers in the Middle East. Go to thetalentpoint.com and discover all the job opportunities available for you. You can also try your luck by sending your CV to contact@thetalentpoint.com and have your resume reviewed by the best recruiters. Also, remember that your safety is a priority for us, we will not share or store your information.

 

Know about the UAE-India Investment Forum

UAE-India Investment Forum

Historically, India and the United Arab Emirates have maintained a good commercial and political relationship. With the signing of CEPA, these relations have reached a new level. And multiple business leaders in the private and public sectors are setting their sights on the massive opportunities that the UAE-India Investment Forum will create for companies in the two countries.

In this article, you will learn about the UAE-India Investment Forum, the background of the relations between India and the Emirates, the CEPA agreement, benefits and key clauses of this agreement.

  1. What is the UAE-India Investment Forum?
  2. What is CEPA?
  3. Key clauses of the CEPA
  4. Background of the relations between India and the UAE
  5. Benefits of the CEPA
  6. How can we help you know more about business opportunities between the UAE and India?

1. What is the UAE-India Investment Forum?

The UAE-India Investment Forum marked a new beginning in the flourishing economic ties between the two countries. This was the perfect place to discuss new opportunities, large corporations, and also the potential to attract investors across sectors.

Some of the topics discussed at the event include the strategic importance of the Comprehensive Economic Partnership Agreement (CEPA); bilateral food security, the startup ecosystem; information technology; and healthcare partnerships, among others.

According to the UAE authorities, the CEPA will open the doors to innumerable opportunities for investment and trade. The bilateral trade is expected to raise around AED 367 billion over the next five years. Note that this agreement is comprehensive, futuristic, and ambitious with a holistic coverage of a wide range of commitments and sectors. Including government procurement, intellectual property rights (IPR), hundred sub-sectors in services, digital trade, telecom, etc.

The agreement is the fastest to have been negotiated between any two countries. It took around 88 days and reflects the confidence and trust that the nations place in each other. For this reason, it marks a new era of prosperity between the United Arab Emirates and India.

1.1 Additional information

The UAE-India Investment Forum comes at the perfect time, both nations seek to ratify the recently signed agreement. India and the United Arab Emirates enjoy complementary economies. Further, there are many things the two countries can help each other with, as they embark on a new era of collaboration and cooperation.

The agreement offers many benefits to the citizens of both countries across a broad spectrum of industries. This event was held close to the signing of CEPA on February 18. And it came into effect on Labor Day (May 1) this year. It will open a comprehensive array of gains for India in sectors such as furniture, plastics, agriculture, and food products. Also, it is estimated that at least one million jobs will be created due to the trade pact between India in the UAE.

The United Arab Emirates is India’s third-largest trade partner. This trade agreement will allow the two countries to deepen their economic ties by removing barriers to trade, creating opportunities for small and medium-sized enterprises, and also increasing foreign direct investment (FDI). Exporters will enjoy simplified customs procedures, tariff removal or reduction, access to government contracts, and new opportunities for professional services.

This agreement means a great gain for India. The UAE has agreed to automatic registration and market authorization for India in medicines, in case of their regulatory approval in developed countries such as the European Union (EU), the UK, the UAE, and also Japan. This negotiation also has a permanent safeguard mechanism they can activate in situations of a sudden surge in imports, along with strict rules of origin.

This will prevent products from other countries through the CEPA route.

2. What is CEPA?

The Comprehensive Economic Partnership Agreement (CEPA) was signed on February 18 of this year. It is the first deep and full trade agreement to be signed by India with any country in the past decade.

This agreement will cover trade in goods, trade in services, rules of origin, technical barriers to trade (TBT), dispute settlement, sanitary and phytosanitary (SPS) measures, movement of natural persons, pharmaceutical products, telecom, customs procedures, government procurement, investment, IPR, digital trade and also cooperation in other areas.

3. Key clauses of the CEPA

Some of the notable aspects of this agreement are the following:

3.1 Initial provisions and general definitions

  • Exclude the energy sector from all aspects and provisions of the agreement, including dispute settlement obligations and related procedures.
  • References the enabling clause as a legal basis for trade in goods, allowing the UAE to benefit from the special and differential treatment in its relations with India as well as within the WTO framework.
  • Allows the Joint Committee to assess, review and also propose amendments to the agreement. Including improving market access, in the light of the experiences gained during the application of this agreement and its objective.

3.2 Trade in goods

  • Establishes a robust legal framework on technical regulations, standards, and also conformity assessment procedures to ensure the smooth flow of trade in goods.
  • Avoid the use of export subsidies on Indian products destined for the United Arab Emirates.
  • Provides UAE exporters greater access to the Indian market through tariff elimination or reduction on more than 80% of goods.
  • Establishes a mechanism for consultations on non-tariff measures that may create trade barriers.
  • Establishes a committee to discuss all related issues about trade in goods between the UAE and India under the CEPA.

3.3 Rules of origin

  • Sets special qualifying rules for steel, gold, and also copper sectors to reflect the current capabilities of those industries in the UAE.
  • Preferential rules of origin govern the criteria for which traded goods are eligible for tariff reduction or elimination. The agreed rules are based on compound criteria of change in tariff classifications (CTC) of the good plus a minimum percentage value-added.

3.4 Sanitary and phytosanitary measures

  • Enhances understanding and the transparency of the application of the UAE and India’s phytosanitary and sanitary measures.
  • Establishes clear rules on import checks, audits, and certification.
  • Encourages the adoption and development of science-based international standards.
  • Establishes a detailed mechanism on phytoplankton and sanitary measures that protect human, plant, and animal health while ensuring such measures do not create unjustified trade barriers.

3.5 Technical barriers to trade

  • Affirm the use of international conduct as a basis for technical regulations.
  • Ensures that conformity assessment procedures, technical regulations, and standards do not create unnecessary barriers to trade.
  • Clarifies cooperation mechanism on conformity assessment procedures and technical regulations.
  • Establishes a sub-committee to facilitate technical discussions and monitor the operation and implementation of technical barriers to trade measures.

3.6 Trade in services

  • Ensures that each party receives a customized treatment.
  • Contains legal parameters to regulate cross-border commerce in services. And also offers service providers an open and non-discriminatory environment for cross-border trade.
  • Include a total of 11 sectors and more than 100 sub-sectors. Also including business services (professional services, computer accounting, etc), tourism and travel-related services, educational services, construction, and also related services, etc.

3.7 Small and medium enterprises

  • Provides a mechanism for information sharing concerning all trade-related aspects. Including procedures, regulations, laws, business registration, standards, technical regulations, and also SME programs.
  • Establishes an SME committee with clear functions to enable SME engagement and also provide them with tools to benefit from the opportunities provided in the CEPA.
  • Provides a platform for SMEs in the UAE to expand internationally by granting them access to new customers, avenues of collaboration, and also networks.

3.8 Intellectual property

  • Strengthen the enforcement and also protection of intellectual property rights to promote technological innovation and to transfer and disseminate technology.
  • Ensures intellectual property provisions are balanced with existing regulations, UAE laws, and also the UAE’s international commitments.
  • Aligns intellectual property commitments with the Doha Declaration on TRIPS and Public Health. Affirming the right to take measures to promote public health.

4. Background of the relations between India and the UAE

Historically, India and the United Arab Emirates have enjoyed excellent bilateral relations, which are deep-rooted and historically nurtured and sustained by civilizational and close cultural affinities, vibrant people-to-people linkages, and also frequent high-level political interactions. The UAE-India comprehensive strategic alliance was initiated during the visit of the Prime Minister of India to the UAE in August 2015.

The growing commercial and economic relations contribute to the strength and stability of a deepening bilateral and rapidly diversifying relationship between the two countries. The UAE and India have been each other’s leading trading partners. These excellent relations have continued to enhance and deepen over time. From AED 180 million per annum in the 1970s, UAE-India bilateral trade has steadily increased to AED 60 billion in 2019-2020.

With exports to the United Arab Emirates valued at AED 29 billion for the year 2019-2020, the UAE is the second-largest export destination of India, while Indian imports from the UAE were valued at around AED 30 billion. The UAE is an important source of India’s energy supply and a key partner for the development of strategic petroleum reserves, upstream, and downstream petroleum sectors. This country is also the eighth largest investor in India with an estimated investment of AED 18 billion.

The India-UAE CEPA will further cement the already close, deep, and strategic relations between the two countries and will create new employment opportunities, improve the general welfare of the people of the two countries, and raise living standards.

5. Benefits of the CEPA

CEPA provides an institutional mechanism to improve and encourage trade between the two countries. This agreement between the UAE and India covers almost all the tariff lines dealt in by the UAE (7581 tariff lines) and India (11,908 tariff lines) respectively. Note that India will benefit from preferential market access provided by the United Arab Emirates on over 97% of its tariff lines, which account for 99% of Indian exports to the UAE in value terms.

This will affect especially all labor-intensive sectors such as leather, textile, sports goods, jewelry, plastics, footwear, furniture, agricultural and wood products, medical devices, engineering products, and automobiles.

India will also offer preferential access to the UAE on over 90% of its tariff lines, including lines of export interest to the country. In addition, as regards trade in services, India has offered the UAE the market access in around 100 sub-sectors from the 11 broad service sectors such as:

  • Health-related and social services
  • Engineering services
  • Transport services
  • Recreational, cultural, and sporting services
  • Financial services
  • Environmental services, among others.

Both sides have also agreed to a separate annex on pharmaceuticals to facilitate Indian pharmaceutical companies’ access to products, especially automatic registration and marketing authorization in 90 days for products meeting specified criteria.

6. How can we help you know more about business opportunities between the UAE and India?

Trade relations between the United Arab Emirates and India bring multiple benefits for the citizens and entrepreneurs of both countries. In the UAE-India Investment Forum, new opportunities will open the doors to investors of large, medium, and even small businesses. For this reason, knowing the process of establishing a company and getting a business setup consultant becomes critical.

With more than a thousand happy clients and 20 years of experience, Connect Zone is the ideal business setup agency. We will accompany you in every legal and administrative process you need. Furthermore, our professionals are highly trained to offer you end-to-end support and to solve any inconvenience that may occur.

Among the services we can offer you are a proper VAT and tax consultancy, full guidance through your freelance visa solicitation process, and more. You should note that with us, you will only obtain the very best!

Contact us and receive more information about the UAE-India Investment Forum. You will be able to find out about all the solutions we have for you by calling us at +971 43 316 688 or emailing us at contact@connectzone.ae.

Do you want to find the best employment opportunities? Try looking for them on thetalentpoint.com. It is as easy as creating an account and uploading your resume. Connect with a wide range of enterprises in the Middle East! Also, you can send your CV to contact@thetalentpoint.com.

How to start a business in the UAE?

start a business in the UAE

Starting a company, whether in the United Arab Emirates or anywhere in the world, is an important decision. It involves research, planning, budgeting, and conceptualization, among other things. In the UAE, you will need to comply with the established regulations and acquire the correct business license for your business. For this reason, in the following lines, we will talk about how to start a business in the UAE.

In this article, you will find information about the process of starting a business in the United Arab Emirates, the advantages of choosing this country for your company formation, and also how we can help you start your business successfully.

  1. Who can start a business in the UAE?
  2. What legal structures does the UAE allow?
  3. How to start a business in the UAE?
  4. Benefits of the formation process of a business in the UAE
  5. How can we help you start a business in the UAE?

1. Who can start a business in the UAE?

Starting a business in the United Arab Emirates is quite easy; actually, anyone can do it. This is because the government of the country has offered different incentives to new and experienced entrepreneurs.

The first thing to know is that for most types of companies (apart from the sole proprietorship) you will need an Emirati partner to own 51% ownership of the company (if you decide to set up on the Mainland). After that, you will need to go through the process of registering and licensing your business. Keep in mind that in some cases you will have to meet the minimum capital requirements.

If you decide to establish your company in a free zone of the country, you will be able to enjoy the many advantages that this zone offers. For example, 0% corporate and personal taxes, exemption from export and import taxes and you will also be able to maintain 100% foreign ownership.

2. What legal structures does the UAE allow?

One of the first things to consider when starting a business is the type of company you want to form. As in any country, the United Arab Emirates has several legal corporate structures. Some of the most common are the following:

2.1 Sole proprietorship

The entrepreneur can maintain 100% ownership of this type of company. For this reason, the person can maintain full control over the profits and operations. Although all nationalities can create a sole proprietorship company, only GCC and UAE Nationals can have an industrial or commercial company.

2.2 Civil company

Professionals such as accountants, lawyers, and doctors can start a civil company in the country. For this type of business, an Emirati partner must own 51% of the shares of the company.

2.3 Limited Liability Company (LLC)

In a Limited Liability Company, there must be between two and fifty shareholders. As such, each one is liable only for their percentage of shares. In addition to this, the profits and losses are divided between all the shareholders depending on their holdings.

In this type of company, once again, 51% of shares must be owned by a UAE national. Furthermore, an LLC with more than seven partners must create a board with at least three shareholders.

2.4 Foreign Company Branch

A foreign company can establish a branch in the country. In this situation, the parent company has 100% ownership. However, all goods must be imported through a local trading firm.

2.5 Free Zone Company

Every company created in a free zone must have two to five stakeholders. While there are a lot of advantages of choosing a free zone for your business, you should know that these companies cannot trade directly with the UAE market. Therefore, there are different requirements to create a business there. For example, some legal entities do not require any minimum capital. However, some others require a minimum capital from AED 1,000 to AED 150,000.

2.6 Freelance work

Working under the freelance modality in the UAE is extremely easy. You must register your business in a free zone with an application form, bank reference, CV, and notarized Registry Identification Code Form. You can also apply for a visa.

3. How to start a business in the UAE?

The steps to create a business in the United Arab Emirates successfully are the following:

3.1 Select a business activity

When selecting the business activity for your company, you must take into account the practicality of the chosen activity in relation to the UAE market. Also, before opening a company in the country, make sure you do a thorough research on the profitability and the feasibility of the activity. Then you can decide  when to start a business in the country.

3.2 Select the jurisdiction

The country’s market is divided into different economic zones: Free zone, Mainland, and Offshore. Each jurisdiction has its own regulations and rules about the business setup. They also cater to different business needs. Selecting the jurisdiction of your company will depend on the requirements and the nature of your business activity.

3.3 Finalize the legal form/company structure

Choosing the legal form for your company is one of the most important decisions when starting a business in the UAE. It sets the tone to manage the profits and losses and how you should organize your assets and resources. It is advisable that you decide on the legal form in the initial stages of planning, this will help provide a layout for your company.

You will not be able to apply for a license until you decide on the legal form. Some of the company structures under which you can register your business in the UAE are the following:

  • GCC company branch
  • Holding company
  • Sole Establishment
  • Limited Liability Company (LLC)
  • Free zone company branch
  • Local company branch
  • Foreign Company Branch

3.4 Get approval for your business activity and the company name

The Department of Economic Development (DED) is the entity in charge of approving the trade name for your company before proceeding with the process of setting up your company in the UAE. Along with your company name, the DED must approve your selected business activity.

Once you receive the approvals, you will need to submit the documents to apply for a trade license and open your company.

3.5 Apply for a trade license

There are several types of licenses in the United Arab Emirates, the main four are the following:

You can apply for any of these licenses if you plan to start a business on the Mainland. If you decide to establish your company in a free zone, the licensing structure is different and depends directly on the business activity of your company.

3.6 Register your company

The registration and licensing process of a company are simultaneous. However, the entire documentation and approval process goes through several stages. At this point, you will need to obtain all approvals from the appropriate government entities as requested by the DED. The required documents are different depending on the type of company and the activity.

3.7 Find a local agent (if required)

To start a business in some areas of the UAE you will need a local partner. This agent must be a UAE National only. Finding a trustworthy local agent can be a tiring process, especially for a new entrepreneur looking to start a business.

A business setup consultant, like Connect Zone, can connect you with companies that offer corporate sponsorship where you can obtain authorization to maintain 100% of the ownership.

3.8 External approvals

The Department of Economic Development may seek approval from other government and non-government agencies, depending on the business activity. For instance, some businesses may be asked to get approvals from specific banks, embassies, the municipality, etc.

3.9 Memorandum of association (MoA)

The Memorandum of Association is one of the most important documents when starting a company in the United Arab Emirates. Therefore, before drafting the MoA make sure you have professionals in the area to advise you. This document must be done in accordance with the regulations of the country.

3.10 Rent an office

Depending on the nature and needs of your company, you can opt for a shared workspace in a business center or an office unit. Office space can also determine the number of visas you can apply to the Department of Economic Development.

3.11 Tenancy contract or Ejari

When you start a business in the UAE, you might need an Ejari. The tenancy contract is the agreement between you and the real estate agency whose shared workspace or office unit you intend to rent. Ejari is an online system managed by the Real Estate Regulatory Agency (RERA). This system ensures transparency and fairness between both parties involved in the tenancy.

You must submit the tenancy contract and a few more documents to activate your Ejari account. This system is of the utmost importance since you need it to renew visas for your employees and family members.

3.12 Initial approval

Before obtaining your license to start operating in the UAE, you must obtain initial approval from the DED. This approval indicates that the government of the country does not object to you starting a business in the UAE. If you do not get this approval, you cannot continue with the application process.

3.13 Collect the trade license

To obtain your trade license, you must submit the following documents:

  • Trade license application
  • Initial approval certificate
  • Tenancy contract
  • Relevant government forms
  • Ejari registration certificate
  • No Objection Certificates for partners (if any)
  • Passport copies of partners
  • External approvals (if any)
  • Other requirements by the Department of Economic Development (if any)
  • Trade name reservation certificate

All these documents must be delivered to the DED along with the necessary government fees.

4. Benefits of the formation process of a business in the UAE

4.1 Business hub

Location-wise there is no other country more attractive than the United Arab Emirates to do business. It is one of the most profitable business hubs in the Middle East and in the world. Due to its geographical location, trade with Africa, Europe, Asia and the East coast of America grows every day.

The ease of accessibility to such huge markets offers you an excellent opportunity to start your business and trade internationally.

4.2 Zero-tax policy

The UAE offers hassle-free business opportunities thanks to the total exemption from all taxes including income, custom, personal and corporate tax. Also, you will be able to enjoy complete export and import tax exemption, zero currency restrictions, and full repatriation of profits and capital, which can benefit your business to grow faster.

The only tax that some companies must pay is 5% value-added tax. It was created in 2018 and is valid only for certain business activities. To keep your business profits without giving any income or business tax to the Emirates government, you must establish your company in a free zone. This will also allow you to give extra liquidity to your company and improve profitability.

4.3 Flourishing economy

The UAE is one of the countries with one of the fastest-growing economies in the world. With an outstanding per capita income and a remarkable annual trade surplus, this country is one of the best economies in the Middle East. The companies established here enjoy highly stable financial situations and financially favorable conditions.

In addition to this, investments in the United Arab Emirates have increased rapidly in recent years. This investment of foreign capital has further strengthened the country’s economy. Thanks to the business-friendly conditions and strong economy, hundreds of companies, conglomerates, and booming startups have moved their facilities to this country to expand internationally.

5. How can we help you start a business in the UAE?

With more than twenty years of experience and more than a thousand satisfied clients, Connect Zone is the right business setup agency to accompany you in the process of forming your company. Our professionals are trained to carry out all kinds of legal and administrative procedures that your company may need.

When forming a company in the UAE, you must comply with the rules and regulations of the UAE. We will take care of fulfilling each one of them. Additionally, we can help you get an office space in one of the best business centers in the country. Our PRO services for your company can do many things for your advantage, and we can as well facilitate the application process for your visa.

Do you want to know more about Connect Zone and the process to start a business in the UAE? You can easily contact us at +971 43 316 688. Send an email at contact@connectzone.ae with all your questions and our team will quickly reach out to you.

Lastly, if you are interested in finding out about new job offers for you, The Talent Point is the platform for you. You can send your CV to many companies, organizations and agencies on thetalentpoint.com. Another way to do so is by sending an email with your resume to contact@thetalentpoint.com.

All you need to know about the probate process in the UAE

what is probate

Having a will and performing the probate process is vital to protect the assets and the legal affairs of a family. Doing so is even more vital if you are a foreigner residing in the UAE since the consequence of not being prepared can have implications for your family and dependents. Today, we will teach you what is probate and everything you need to know to carry out this process.

In this article, you will find information about the aspects of probate in the UAE, the cost, the expected time to complete it, the probate process in different zones in the UAE, and also how we can help you go through this process.

  1. What is probate?
  2. What is a grant of probate?
  3. How is the process in the UAE?
  4. Aspects about the probate process in the UAE
  5. Probate process for a Muslim will in the courts of Abu Dhabi
  6. Probate process for a non-Muslim will in the courts of Abu Dhabi
  7. How is this process in DIFC?
  8. The process in Dubai Courts Will Registry
  9. Benefits of seeking counsel
  10. How can we help you know more about these procedures?

1. What is probate?

Probate is the entire process of managing a dead person’s state. This includes organizing your assets, money, and possessions. And distribute it as an inheritance (after paying debts and taxes). The probate process can take some time, it mainly depends on the size of the estate.

In most cases, the selection of an executor is ready. This person is in charge of overseeing the probate process. You generally have thirty days from the date of the will owner’s death to complete the document with the local probate court. If the decedent dies without specifying an executor or directly dies without a will, the probate court will assign an administrator who will be in charge of overseeing the probate process. This role generally falls on the next of kin.

However, a designed administrator or a named executor can always decline the responsibility. In these cases, the court chooses another person. The person overseeing probate must prove to the court that the will is valid.

The probate process includes the following:

  • Having the property appraised
  • Identifying and inventorying the deceased person’s property
  • Paying debts and taxes
  • Distributing the remaining property as the will directs

2. What is a grant of probate?

A Grant of Probate is a legal document that gives the executor the authority to manage the deceased’s property. This document is only called a grant of probate if the person left will. If it did not, then you must use a grant of letters of administration instead. Both documents fulfill the same function, to give legal power to a person to manage the estate of a person who passed away.

The probate process ends when you pay all debts and taxes and all the inheritance goes to its rightful owners.

3. How is the process in the UAE?

Every will and every estate is different. The probate process may vary depending on the instructions written in the will and the creditors, assets, and beneficiaries that the estate has.

The basic steps of an executor are the following:

  • Gather all the details about the debts and the estate’s assets
  • Apply for the grant of probate
  • Complete the inheritance tax return and pay any tax due
  • Receive the grant of probate
  • Pay any of the deceased outstanding debts
  • Distribute the assets according to the instructions written in the will

Probate can also be complicated if there is any dispute between beneficiaries, creditors, executor, or HMRC. Our professionals can help or advise you with any stage of the process, from knowing what is probate to the successful conclusion of it. We can be of help if a dispute is hindering the process and we can even assist you in your work as executor.

4. Aspects of the probate process in the UAE

Before starting this process, you should know the following aspects:

4.1 How long does probate take?

The duration time will depend on the complexity and size of the estate. Generally, it lasts for one year. However, international probate can be more complicated and can take between six months and two years. During this process, some disputes can come up between the creditors, beneficiaries, executors, or tax authorities. These disputes can slow you down in managing the estate.

4.2 How much does probate cost?

Some probate specialists charge an hourly rate, while others charge a percentage of the value of the estate. This fee is generally between 1% to 5% of the value of the estate, plus VAT. Some of the banks also offer probate and estate administration services. However, these services are usually more expensive than using a specialist company.

4.3 Who can apply for probate?

Only the executor named in the deceased’s will can request the probate to administer their estate. If someone dies without having a will, they are intestate. The intestacy rules will decide who can apply to manage the estate instead.

4.4 Can you get probate if there is no will?

You cannot get a grant of probate if there is no will, but you can still distribute the inheritance and administer the estate through a different process. The rules of intestacy set out who can administer the estate with a grant of administration.

Without a will to decide how the assets will be transferred, the administrator will distribute the inheritance according to the rules of intestacy. Only spouses, children, and other close relatives can inherit under those rules.

5. Probate process for a Muslim will in the courts of Abu Dhabi

Under the law of the United Arab Emirates, only the registered wills can obtain a probate order from the Abu Dhabi Courts.

Some of the key points you should know about this process are the following:

  • The Shariah Law is in charge of approving the probate order for a Muslim will in the Abu Dhabi Courts.
  • ⅓ of an estate must be held for charitable causes and other expenses. The remaining ⅔ can be distributed among the legal heirs and beneficiaries.
  • The will may be enforceable after the settlement of all debts. If the debts exceed ⅓ kept aside by the testator, then the executor must pay the debts using the assets given to the beneficiary with the majority of shares.
  • A testator can include in his will a probate provision specifying certain details that the executor must take into account during the process.

Some of the requirements of the Abu Dhabi Courts are the following:

  • The applicant must be present in the probate office along with two Muslim witnesses
  • You must present certain documents in the probate office. For example, Emirates ID, passport, the original will for probate, etc.
  • It is advisable that the executor hire a legal advisor in the UAE to organize the documents and simplify the process.

6. Probate process for a non-Muslim will in the courts of Abu Dhabi

  • The probate service offered by the Abu Dhabi Courts allows non-Muslim testators to distribute the inheritance of beneficiaries and heirs following death
  • The executor can deliver the application for the probate of a will along with the relevant government fees. The fee for a non-Muslim will is AED 950
  • The appointed executor or the applicant may approach the non-Muslim will and probate office to set the date, deliver the documents, and receive the probated will.
  • If the applicant is the legal representative of the executor, then a Power of Attorney (PoA) must be submitted. However, this PoA must be used specifically for the making of wills and must adhere to the will conditions.
  • All documents must be submitted in Arabic. If any document is not in the local language, the executor must translate it.
  • If any document is issued outside the UAE, it must be authenticated by the corresponding authorities.
  • The verification documents must also be delivered to the non-Muslim wills and probate offices (Emirates ID and Passport). The registry may need other types of documents depending on the case.
  • You must deliver the original will (along with copies) to the probate office for recording purposes
  • The registry may ask for proof of the ownership of the estate for verification purposes.
  • It is always advisable to hire a law firm in the UAE to ensure the successful conclusion of the probate of non-Muslim wills.

7. How is this process in DIFC?

After the death of the testator, the executor has to deliver the probate application along with the witness statements and attested death certificate (in the event that the death certificate is issued from a different country other than the UAE). The application must be submitted with a fee of approximately AED 1,000.

Once you have paid the fee, the Dubai International Financial Center (DIFC) will assign a case progression officer to verify the submitted documents. And also to act as a point of contact for the executor’s lawful attorney or for the executor itself. Once the review of the documents is ready, the executor (or the executor’s attorney) must go personally to the DIFC Courts.

At this point, the executor must submit a list of the principal assets comprised in the deceased’s estate. For example, bank accounts, real estate property, financial products, vehicles, etc. All assets must be in the schedule of the order for the DIFC Courts to issue them.

Based on the submissions, the case progression officer will prepare a probate order (which will be in both Arabic and English) and deliver it to the assigned judge of the DIFC Courts for execution. Once delivered, the executor will be able to take the original probate order, from the court.

If the assets are outside DIFC but inside Dubai, the executor must apply to the court for enforcement. The case progression officer will be in charge of delivering this request on behalf of the executor upon receipt of the required fee. The Dubai Court’s enforcement Department will thereafter deal with the lawful attorney or the executor and will issue the necessary instructions to effect the transfer of assets.

8. The process in Dubai Courts Will Registry

Compared to the procedure in DIFC, the Dubai Courts have a simpler formality. The attorney or the executor must present two Muslim male witnesses along with the fee of AED 70 to complete the process. The executor or the attorney can collect the certificate after the said procedure.

9. Benefits of seeking counsel

Some of the advantages that you can acquire by receiving help to carry out this process are the following:

  • Helps avoid unnecessary delays and seeks to achieve quick results in obtaining a probate order for the testator’s will.
  • Resolves the family disputes that may arise during the process.
  • Support the appointed executor during the process.
  • It helps in mediating between any claims brought against the funds of a testator and the estate during the process.
  • Provides clarity regarding the expenses and debts owed by the testator that are required to be paid by law.

Knowing what is a probate and understanding its procedure thoroughly will be beneficial as it will save you time, money, and effort.

10. How can we help you know more about these procedures?

Performing a probate process in the UAE can be a difficult task for the general public. Connect Zone provides support through the probate process by offering various services such as dispute resolution and legal advice from our high-profile professionals.

We can also help you with other types of legal and administrative procedures. Apart from helping you know what is probate, we can help you form a company in Dubai Mainland, we will offer you the best PRO services, and we can even help you choose an office in one of the best business centers in the UAE.

Do you want to know more about these legal procedures in the UAE? You can contact us at +971 43 316 688 or at the following email contact@connectzone.ae. Once you do, one of our advisors will assist you gladly.

Lastly, if you are looking for a job, The Talent Point is the job platform for you. You can register at thetalentpoint.com or you can send your CV contact@thetalentpoint.com to apply. You do not have to worry; your data will be safe with us. We will not share it or store it.

Procedure to make a will in the UAE

will in the UAE

Many entrepreneurs focus a lot of their energy on building a career, creating a business, and being successful. However, they neglect an important necessity: making a will in the UAE. If an investor does not create a will on time, unfortunate incidents may occur in the family. And the hard-earned asset may not end up in the right benefactor’s hands. Thus, to ensure that your assets are safe and distributed correctly, you must create a will.

In this article, you will find information about the types of wills, the procedure to create a will, where you can register this document, and how we can help you write a will.

  1. What is a will in the UAE?
  2. Types of wills
  3. How is the procedure to make a will in the UAE?
  4. What is the repercussion of not having a will?
  5. Who can make a will?
  6. Where you can register a will in the UAE?
  7. How can we help you with the arrangements to make a will in the Emirates?

1. What is a will in the UAE?

A will is a document that specifies how an individual wants their assets to be handled, after their demise. A carefully thought and a well-written will holds up to legal scrutiny and leaves little room for possible disputes and interpretation. It can be subject to changes during the person’s life.

2. Types of wills

There are four main types of wills:

2.1 The simple will

As unassuming as it sounds, this type of will covers the most important aspects of this document:

  • Define the person who is going to execute your will (the executor)
  • Stipulating who will receive your assets
  • Naming a guardian for your children, if applicable

2.2. The joint will

This type of will is generally used by married couples or partners. This document is the combination of two wills in one. When a testator passes away, all of their assets pass automatically to the co-testator. When both parties pass away, the executor is notified and the wishes of the deceased are respected and carried out.

2.3 The testamentary trust will

The testamentary trust will is based on establishing a “trust” that contains assets and places them in the hands of a “trustee”. Who takes care of them for a specific period of time. As the trust is, generally, set for the benefit of either mentally ill individuals or young children, the specific time period must appear clearly in the will. It can also specify the age at which the beneficiaries must reach to receive the assets or a milestone they must cross.

2.4 The living will

Similar to the special of attorney, this type will depend on the details of the instructor in relation to the critical care of the testators. This will become effective when and only when the testator becomes ill to make medical decisions on their own. This includes the end of life decisions and whether or not to use extraordinary means to support life.

3. How is the procedure to make a will in the UAE?

A will is a vital document in every person’s life. Through a will, you set instructions regarding the guardianship of your minor children and the inheritance of your assets. The steps to carry out this document are the following:

3.1  Select where to register the will

The courts in the Dubai International Financial Center (DIFC) and the Abu Dhabi Judicial Department (ADJD) are two of the most important judicial bodies in the UAE. Both have apartments especially dedicated to the registry of wills. And they are known as the DIFC Courts Wills Service and the ADJD Wills Registry for non-Muslims. These are the two options preferred by non-Muslim ex-pats who wish to register their wills in the UAE.

By registering a will at DIFC or ADJD, you will be able to cover assets located anywhere in the country. Since the beginning of the Covid-19 pandemic, an option to register via videoconference has been enabled in both departments. Also, if you register your will at DIFC, you will be able to cover assets located in foreign territory. Moreover, you can register in English, a provision that is new in the UAE. In addition to this, the executors of your will have the advantage of taking a short probate in English.

On the other hand, ADJD offers will registration services at very affordable rates. And has included a bilingual court for probate. Our professionals at Connect Zone are highly qualified to carry this and any legal and administrative procedure that you or your company may need.

3.2 Name the beneficiaries

By naming the beneficiaries in your will, you are defining who inherits your assets and how much they inherit. If this aspect is not clear in the document, it is up to the UAE courts to decide the beneficiaries. Generally, you can do this by applying either your home country or the Shariah Law. It depends on the court where you are filing the probate application.

During this process, your family is free from any possible legal entanglements when the beneficiaries are explicitly mentioned in your will. The probate process can be done at a swift pace. In this way, your family will not have to wait long to access your assets. Furthermore, the chances of there being some sort of dispute in your family are lessened. Beneficiaries can inherit assets easily, without the need for other family members to interfere in the process.

Besides naming the main beneficiary, it is important to mention the alternative beneficiaries as well. For instance, most non-muslims wills made in the United Arab Emirates generally have the spouse as the main beneficiary, entitled to 100% ownership of the estate. In the event that the spouse does not survive the testator, the children take the position of alternate beneficiaries. Additional layers of alternate beneficiaries include the testator’s siblings, parents, relatives, or friends.

3.3 Appoint the executors

An executor is responsible for carrying out all instructions of your will. The wills that the people carry out in the UAE generally have an executor and, in most cases, it is someone amongst the sibling, spouse, or a parent. Also, you need to give the alternate executors names in case the principal executor rejects responsibility or passes away before the testator does.

Since the role of an executor can be quite demanding, make sure you choose someone you trust. And who is capable of fulfilling said responsibility. The executor will eventually deal with the wealth you had accumulated during your life. Hence, it is advisable that you think well and have a conversation with whoever you decide to appoint as the executor.

Under the law of the UAE, the executor must be over 21 years at the time of executing the will. This person cannot have a criminal record and it cannot be someone who has been declared insolvent unless they have been rehabilitated now.

3.4  Appoint guardians for your children

In addition to starting the succession of your assets, you must select legal guardians for your minor children through a will. A legal guardian takes care of all the responsibilities that a parent may have. This includes making important decisions related to bringing up the minor and providing financial support for them.

It is a common assumption that the mother is automatically the legal guardian after the father’s death, however, this is not true. Under the law of the United Arab Emirates, the mother gets the “custodian” status. For the wife to be the legal guardian, you must add it to your will.

Generally, wills in the UAE have the spouse as the permanent legal guardian. The biological uncles and aunts of the minor child or the grandparents assume the role of alternate legal guardians. It is advisable to have different layers of guardianship just to cover possible scenarios where the principal and alternate guardians do not survive you. Moreover, you can select temporary guardians to look over your minor children during the buffer period until the permanent guardian arrives in the country.

3.5 Hire a law firm

If you do not make your will right, there can be severe repercussions. A will must keep up with the latest legal changes in the UAE and it must state clear directions to pass on your assets, otherwise, it can make your will difficult to interpret. If a will has an error, it can be considered invalid.

Therefore, you should avoid making wills on your own or hire typing centers to do so. It is always advisable to seek professional legal services for writing a will. Connect Zone is the right choice when it comes to the making of any legal paperwork. Our trained staff will be in charge of carrying out the will quickly and efficiently, maintaining the transparency of the operation at all times.

4. What is the repercussion of not having a will?

After the death of a person in the United Arab Emirates, the bank will freeze their bank accounts (including joint accounts). If you are a female ex-pat and do not have a will, the UAE Law of Inheritance will apply to your assets after your husband passes away. Consequently, the distribution of assets may not be in your favor and any belongings may not be transferred to the right beneficiaries. If your husband dies, you may not be entitled to all or any of the assets, depending on the family situation. Also, not having a will can affect the guardianship of your children if they are under 18.

Creating a will in the UAE will give you the security that your assets will be distributed according to you, and also ensures that your children will be cared for by people you trust. Beneficiaries of your will can access your assets by presenting a succession certificate from the Dubai Family Court, showing their legal entitlement. The same situation applies to the guardian appointed in your will, who will have the responsibility of taking care of your children after you pass away.

5. Who can make a will?

The UAE Law No.15 of 2017 states that any non-Muslim resident who is over 21 years of age can create a will if they possess the following:

  • Children below 21 years old
  • Movable or immovable assets in Dubai

For Muslims-residents, the distribution of assets will happen under the UAE’s Shariah law.

6. Where you can register a will in the UAE?

You can register a will at Dubai Courts or at the Dubai International Financial Center Will Service Centre.

6.1 How much does it cost to make a will in the UAE?

The cost of registering a will depends on the registration site. At Dubai Courts, the cost can range from AED 8,000 to AED 10,000. At the DIFC Wills Service Centre, it can cost anywhere from AED 15,000 to AED 20,000.

The cost of creating a will includes the drafting of the will, official Arabic translation, lawyer consultation, and registration.

7. How can we help you with the arrangements to make a will in the Emirates?

Our professionals are competent to handle any legal proceedings in the United Arab Emirates. We are a specialized agency with more than twenty years of experience in this field and more than a thousand happy clients. In relation to the deed of wills, our legal advisors will be in charge of carrying it out respecting your wishes and offering your relatives a quick and successful conclusion.

At Connect Zone, we can help you with all kinds of procedures, we carry out the process of any type of visa, we can offer you a wide variety of PRO services and we can also help you obtain an Emirates ID. There are many ways in which we can be of great help for individuals and businesses. This is why you should contact us to find out all you need to know about out excellent solutions.

Do you want to know more about the process to make a will in the UAE? Please, make a call and reach us at +971 43 316 688. We are more than ready to assist you. You can also write all of your inquiries and send them to us via contact@connectzone.ae.

Enter thetalentpoint.com if yopu are interested in exploring an extensive range of chances in the employment sector. On The Talent Point, there is a place for everyone. Start applying on the main website or send your resume to the address contact@thetalentpoint.com.

Apply for a HAAD Medical License in Abu Dhabi

HAAD license

In addition to being the capital of the United Arab Emirates, Abu Dhabi plays a very important role in the country’s economy. It is the center of the political life of the country, industrial activities, and cultural tradition. This emirate is the ideal place for those healthcare professionals who want to start a medical practice in Abu Dhabi or become licensed doctors. However, in order to achieve this, it is necessary to apply for a HAAD license.

In this article, you will get information about what a HAAD medical license is, the process to obtain it, the documents needed to acquire one, and how we can help you in this process.

  1. What is the HAAD medical license?
  2. How to apply for a Health Professional License?
  3. What are the requirements for medical license?
  4. Required fees for a new HAAD license
  5. How to register for the HAAD license exam?
  6. HAAD license renewal
  7. Eligibility requirements for medical doctors
  8. How can we help you obtain a HAAD medical license?

1. What is the HAAD medical license?

In the United Arab Emirates, if an individual intends to practice as a professional, they need to obtain a license from the relevant government body. For healthcare professionals who want to work in Abu Dhabi, the government entity in charge of issuing these licenses is the Health Authority of Abu Dhabi (HAAD).

The HAAD medical license is an official document that offers licensure to medical professionals like doctors, nurses, and pharmacists to work in the UAE. Upon contacting HAAD you must categorize your particular profession and take the corresponding exam. This exam is for dentists, doctors, pharmacists, physiotherapists, nurses, etc.

There are different exams depending on the individual’s profession. For example:

  • Doctors: In Abu Dhabi, doctors must apply for specific licenses from HAAD depending on their job title. For example, consultants, specialists, general dentists, resident dentists, etc.
  • Nurses: Professionals who are nurse practitioners, registered nurses, registered midwives, mental health nurses, assistant nurses, pediatric nurses, or community nurses must apply for a specific license.
  • Pharmacists: These professionals must take different exams depending on their specializations, although the specializations in pharmacy are limited. The HAAD classifies pharmacists into community pharmacists, clinical pharmacists, and also pharmacy technicians.
  • Dentists: These professionals must obtain specific licenses by HAAD depending on whether they are consultants, general dentists, specialists, or resident dentists.
  • Dietitians: Individuals interested in becoming dietitians must also acquire a license. HAAD provides a course created specifically for dietitians for potential licenses.
  • Other professions that must take the HAAD exam are alternative medical practitioners, homeopathy, osteopathic medicine, physiotherapists, chiropractic medicine, and also naturopathic medicine.

1.1 HAAD Exam

All healthcare professionals including technicians, doctors, traditional practitioners, pharmacists, and dentists, especially out of the UAE, can apply for a medical license in the country online. Each professional can apply for the fully-online examination and evaluation system (EES) in their country of origin, thus reducing time and costs. Also, you can pay all the fees electronically.

1.2 Written exam

Some professions that have to take the HAAD exam, need to take a written exam too. This comprises 100 questions with a maximum time of 2.5 hours, which means 90 seconds per question. The passing grade will depend on the country of origin of the professional, for example, a student from India must achieve 80% or more to pass the exam. If you fail the exam, you must wait three months before taking the exam again.

2. How to apply for a Health Professional License?

All healthcare professionals can apply for a medical license through the Health Authority of Abu Dhabi’s website. The process is the following:

  • You must submit the application form and required documents through the verification company imposed by HAAD.
  • After submitting the necessary documents, you will receive an email with the application number and payment methods.
  • Make sure to process the payment to the verification company with a credit card.
  • After you are successfully verified you will receive another email, which will provide you with a password and username along with a link to the HAAD e-licensing system.
  • The next step is to complete the application process through the official website with the received credentials.
  • The Health Professional licensing section of the HAAD will review the application and depending on the result, you will be forwarded either for the exam or for direct licensure (in this case, the applicant does not need to take the exam)
  • Once your application is approved, you can register for the exam.
  • When the license is approved, you must pay the corresponding fees.
  • Once all these steps are done you can finally get your medical license.

3. What are the requirements for a medical license?

All documents required by the Health Authority of Abu Dhabi to obtain the license must first be legally translated into English. In general, the documents required by the HAAD are the following:

  • A valid copy of the Passport
  • Experience certificates
  • Staff data clearance form (provided in the application)
  • Educational qualifications
  • Recent passport-sized photograph (with a white background)
  • A letter of nomination (for applicants sponsored by visa facilities)
  • Malpractice insurance for healthcare professionals
  • Certificate of good standing from relevant regulatory authorities
  • Completed application declaration form signed by the applicant
  • Valid Health Professional License.

4. Required fees for a new HAAD license

Those individuals applying for a HAAD license must pay all examination and license fees to the verification company imposed by the Health Authority of Abu Dhabi. The fees for the exam will differ according to the type of exam applied. Meanwhile, the licensing fees will depend on the field of specialization.

Some of the HAAD license fees for different medical practices are the following:

  • Pharmacist: AED 300
  • Technology: AED 300
  • Pharmacist tech: AED 150
  • Physicians: AED 2,600
  • Technology: AED 300

For a full list of licensing and exam fees for specific medical disciplines, you can visit the HAAD website.

5. How to register for the HAAD medical license exam?

After verification, applicants must go to the official website and go through the following process to register for the HAAD license exam:

  • Login to the system.
  • Click on e-license and choose the examination option
  • Select exam scheduling.
  • Click on book
  • Pay the fees and get your exam ticket

You can pay the exam fee with credit cards. In addition, the exams can be taken at authorized testing centers in the applicants’ country of origin. The exam test center in Abu Dhabi is DoH Abu Dhabi.

5.1 Special conditions

Some health professionals may not need to take the HAAD exam, as specified on the HAAD site. In addition to this, health professionals over the age of sixty must take the annual Medical Fitness Examinations from the SEHA facilities.

6. HAAD license renewal

Those medical professionals who successfully acquired the HAAD license must renew it after five years, starting from the time after approving the exam. Before renewal, the applicants must submit certain documentation or pass certain exams. The sponsoring healthcare facilities can ask their healthcare professionals to apply for license renewals.

Like the HAAD license application process, renewals can be done online. The process to do it is the following:

  • Complete the application form on the HAAD website
  • Submit the necessary documentation online
  • Make the required payment at the Licensing Section in the HAAD.
  • Receive your renewed license via courier (Empost)

Documents required for the HAAD License renewal

Those individuals who want to renew their license must present the following documents:

  • Valid passport
  • Malpractice insurance
  • Recent passport-sized picture with white background
  • Emirates ID
  • Family book (only for UAE nationals)
  • Continuous medical education

The website of the Health Authority in Abu Dhabi also mentions the charges for every license renewal. These fees are the following:

  • Pharmacy technicians: For a one-year and a two-year renewal the fee will be AED 100.
  • Pharmacists: For a one-year renewal the fee will be AED 200, meanwhile for a two-year renewal the fee will be AED 300.
  • Technicians (clinical support service): AED 200 for a one-year renewal and AED 300 for a two-year renewal.
  • Nursing: The renewal fee will cost the same as the last two renewal processes, AED 200 for a one year and AED 300 for two years.
  • Physicians: AED 850 for a one-year renewal, and AED 1600 for a two-year renewal.

Those licenses that are not renewed six months after their expiration date will be legally canceled. Also, those applicants who do not renew their licenses before the expiration date will be penalized.

7. Eligibility requirements for medical doctors

In Abu Dhabi, the requirements to legally operate as a doctor may vary depending on your country of origin and your specialization. All medical doctors (physicians) and dentists must submit evidence of current certification, license, and a certificate of good standing from the state, country, or province of origin. Also, they must provide a license from the country of previous and current practice. (Not applicable for UAE nationals)

In the case of consultants, if you are not practicing in a Western, North American, or European Union country, you must provide evidence of current licensure and also a Certificate of Good Standing from the appropriate licensing authority. (Not applicable for UAE nationals)

An example of the more detailed requirements is the following:

7.1 Consultant physician

If you are a resident of the USA, Canada, France, Germany, or the UK, you must have three years of experience as a consultant or equivalent post board certification. Also, you must have two years in the country of certification.

For a UAE national, working as a specialist is equivalent to working as a consultant.

On the other hand, if you are from countries like Spain, Portugal, Italy, India, or Hong Kong, you must have eight years of full-time employment as a consultant or equivalent by a World Health Organization (WHO) listed medical school.

7.2 Specialist physician

These professionals must present a specialization certificate obtained after a full-time structure residency course/program at a university center, teaching hospital, etc. Also, it should involve the personal participation of the doctor applying to be a specialist in the activity of the establishment concerned.

UAE nationals must work for a year in their field of specialty.

7.3 Medical practitioner

The individual must be graduated from a medical college/school listed in the directory of medical school published by the World Health Organization or he must be graduated from a medical college/school listed in the International Medical Education and Research. They must present a current national license and successful completion of an internship. They must also have two years of relevant experience post-internship.

7.4 Medical intern

Like medical practitioners, individuals must be graduated from a medical college/school listed in the directory of medical schools published by the World Health Organization or they must be graduated from a medical college/school listed in the International Medical Education Directory of the foundation for the Advancement on International Medical Education and Research.

8. How can we help you obtain a HAAD medical license?

The United Arab Emirates is the ideal country to start in almost any business. It is known as the commercial center of the world due to the great brands that operate there, as well as the benefits they offer to new entrepreneurs, and the operating licenses they provide. However, the process of forming a company can be long and tedious. For this reason, hiring a business agency setup like Connect Zone is the right decision.

Our agency will help you with the application process for any trade license, we will be your communication bridge with the authorities of the United Arab Emirates. Also, we can help you choose an office in one of the best business centers in Abu Dhabi.

Do you want to know more about Connect Zone and the HAAD medical license? You can contact us at the following number +971 43 316 688 or at contact@connectzone.ae. One of our qualified advisors will answer all your questions.

Finally, if you are looking for a new job, The Talent Point is the ideal job platform for you. You can upload and send your CV on thetalentpoint.com. Alternatively, you can send it to contact@thetalentpoint.com.

Get more insight into the Instant License in Dubai

Instant License in Dubai

If you want to form a company in the United Arab Emirates, the first thing you must acquire is a license to operate in the country. The UAE offers a wide variety of licenses, each one specifically created for a different productive activity. Among the licenses, you can find the tourism license, industrial license, and more. In the following lines, we will know in depth about the Instant License in Dubai.

In this article, you will get information on how to acquire an Instant License, what are the necessary documents to get one of these licenses, what is the cost of an Instant License and how we can help you obtain this license for your company.

  1. What is an Instant License in Dubai?
  2. How to acquire an Instant License in Dubai?
  3. Detailed process to obtain an Instant License
  4. Who is eligible to acquire an Instant License?
  5. Required documents to apply for an Instant License
  6. What is the cost of an Instant License in Dubai?
  7. Advantages of obtaining an Instant License
  8. How can we help you with the application process for an Instant License in Dubai?

1. What is an Instant License in Dubai?

Dubai is popular for its role as the business hub in the Middle East and for its ease of doing business procedures. Entrepreneurs around the world see this as an opportunity to do business easily and efficiently.

The creation of initiatives such as the Instant License (sponsored by the Business Registration and Licensing (BRL) in the Department of Economic Development in Dubai) has made it quicker for investors to start their businesses

The Instant License in Dubai is, basically, an express form to acquire a commercial or professional license without the need for the usual approvals or a large amount of documentation. The Department of Economic Development (DED) is the authority in charge of issuing regular licenses and Instant licenses.

The main difference between an Instant License in Dubai and a regular license is that when applying for an Instant License you will not need to register a trade name, make a Memorandum of Association or take out a tenancy contract.

The process to apply for this license is very straightforward. In fact, in just five minutes you can have the entire process completed online.

2. How to acquire an Instant License in Dubai?

As shown above, the process of obtaining the Instant License is one of the fastest and most straightforward that exists. Just by completing a series of steps and submitting certain minimum requirements, you can acquire this license.

The steps necessary to carry out the application process for an Instant License are the following:

2.1 Select the business activity

The first step you must take when forming a company in Dubai is to decide the productive activity that you are going to dedicate yourself to. Note that this activity must belong to the list of activities accepted by the Department of Economic Development.

The Instant License in Dubai covers more than two thousand activities set out by the DED. It covers every industry imaginable so you will likely find one that suits you.

2.2 Choosing your company name

The next step, before making your application, is to choose a company name. There are certain things that you must take into account in this process, and many of them do not apply anywhere else in the world.

When starting the process of forming a company in the UAE, you must submit to a strict set of naming conventions. In other words, you should avoid any kind of offensive or blasphemous language. You should avoid using names that bear resemblance to large organizations, and if you are naming your company after yourself, remember that you cannot use abbreviations. For example, Jake Long Consulting, instead of J Long Consulting. Also, you must make sure that the chosen name is available to register.

2.3 Making your license application

Once you have decided on the name of your company and the productive activity, it is time to apply for your license. This can be done online via the e-channel portal or by visiting a service centre.

The process is extremely fast. In fact, it should take no longer than five minutes. And you will only need to submit some minimal documents.

As part of the application, you must provide the following information:

  • Partners and managers
  • Activities
  • Commercial registry
  • Name of the company

2.4 Making your visa application

To work in the United Arab Emirates you must have a valid residence visa. Just like every employee who works in your company.

With the right guidance, your visa application process can be incredibly straightforward. Connect Zone is the ideal business setup agency to accompany you in this process, as well with your license application.

By obtaining a UAE business license, you have the benefit of being able to sponsor other people for their visas too. These people can be parents, spouses, or children. Or, they can even be a domestic worker, such as a housekeeper.

The maximum number of visas you can purchase will depend on the size of your company, your chosen setup, and for dependent visas, your personal earnings.

3. Detailed process to obtain an Instant license

A more detailed look at the process of obtaining this license is the following:

  • Select the legal type (business structure) LLC, sole proprietorship, or civil company.
  • Select the business activity from the list of available activities.
  • Choose the shareholding structure of your company
  • Select the trade name options
  • Decide that share capital of your company
  • Complete the required application forms
  • You will review a payment voucher
  • Make the payment
  • Receive the instant license

Once you receive the license, automatically you:

  • Instantly become a member of the Dubai Chamber (if your business conducts some commercial activity)
  • Receive an establishment card from the General Directorate of Residency & Foreigners Affairs (GDRFA), for an additional fee.
  • Get three work permits from the Ministry of Human Resources and Emiratisation.

4. Who is eligible to acquire an Instant License?

All productive activities that do not require additional approvals or clearances from external departments and agencies can apply for an Instant License.

Companies that need approval from Dubai Municipality, the ministries, or any other government department cannot apply for this license.

Sole proprietorship, Civil Company and Limited Liability Company (LLC) operating in certain productive activities are eligible for an Instant License. If you want to know more about the eligibility criteria, you can contact us and we will gladly assist you.

5. Required documents to apply for an Instant License

The documents required to acquire this license differ depending on the channel through which you apply for the license.

If you make the application through the DED’s E-service platform, the documents will be the following:

  • Emirates ID to create an account and get a UAE Pass ID (for those individuals who do not have an account)
  • No additional documents required

If you make the application through the service centers, smart lounge, happiness lounge, the required documents will be the following:

  • Passport copies of all managers and partners (all partners or at least one must be present at the service center to apply for the license)
  • No objection letter from the current sponsor of residence visa-holding partners
  • Emirates ID and Passport copy of the local sponsor
  • UAE visit visa copy of foreign partners (if you do not have a residence visa)
  • Emirates ID and UAE residence visa copy of foreign partners.

Note that the no objection letter from a sponsor is not necessary if you are applying for a general trading license.

6. What is the cost of an Instant License in Dubai?

Once you have completed the application process for your Instant License, the DED will give you a payment voucher. This voucher will include the fees for the trade name, reservation, iHnitial approval, and the issuance of the license.

The cost of the license will vary depending on the productive activity of your company. However, a fixed market fee of AED 3,000 will apply for all types of productive activities.

To support and motivate entrepreneurs during the Covid-19 pandemic, the government of the United Arab Emirates has reduced the market fee to AED 250. This amount applies during the first year. From the second year, the renewal fee will be 2.5% of the rent of your commercial space.

6.1 Sponsorship fee

If you decide to establish your company on the Mainland, then you must have a local sponsor. The amount of the sponsorship fee will be based on mutual agreement between you and your local sponsor.

7. Advantages of obtaining an Instant License

The process to acquire any trade license in the United Arab Emirates is lengthy. It can last between one and three months or more, depending on the productive activity, the preparation of the documents, and the time and the specific requirements of the company. In addition to this, it is necessary to carry out an Ejari/Tenancy contract for the license to be issued.

This is when the advantages of the Instant License in Dubai can appear. This license does not require a tenancy contract for twelve months. This allows entrepreneurs to enter the market at a lower price and allows them to check the business markets before making larger investments.

The initial license will have “Dubai Municipality” registered as the office address. When the license is renewed after twelve months, a registered commercial lease agreement must be presented and delivered to the corresponding authorities.

The instant license also removes the trade name and initial approval prior to license issuance for certain activities. Once the Instant License in Dubai is issued, the companies are legally authorized to operate their activities with a twelve-month grace period to run the company without the need for a commercial space agreement. Besides, it will not be necessary to obtain the fully notarized constitutional documents for the company. For example, the Memorandum of Association (for twelve months).

7.1 Important long-term aspects

Note that, in order to the company to employ people, the company will need commercial space. The Ministry of Labor is the entity in charge of ensuring that the company has sufficient space to obtain the Labor Quota.

Also, after the period of twelve months, the company will need to obtain the notarized Memorandum of Association (MoA) to convey powers to the general manager and be able to open a corporate bank account. In addition to this, you will need the MoA to open additional documents with the Ministry of Labour, Immigration, and any other government departments that may be required for additional regulatory steps.

In summary, some of the benefits you get when you purchase an Instant License in Dubai are the following:

  • Issued very quickly (5-10 minutes)
  • The registration for the trade name is not needed for the first year
  • Obtained on the same day
  • Memorandum of Association not needed (for the first twelve months)
  • Online or in-person application
  • A rent contract is not a requirement for the first year
  • Start business operations immediately.
  • Cost-effective business setup formalities
  • Simple and easy online application

8. How can we help you with the application process for an Instant License in Dubai?

Each company in the United Arab Emirates has a different objective and productive activity. However, in order to operate legally in the country, no matter what activity you carry out, it is necessary to have a license.

Connect Zone is the ideal business setup agency to accompany you and advise you at every step of the process of setting up your company. We take care of carrying out all the procedures related to the Instant License in Dubai, we will take the position of a local agent if you need it, and we will also comply with each step to obtain the visa of your preference.

Do you want to know more about how to obtain an Instant License in Dubai? You can contact us by calling us at +971 43 316 688 or at the following email contact@connectzone.ae where one of our advisors will answer all your questions.

The Talent Point is a job search platform where you can find many employers looking for your talent. If you are interested in working with us, you can register on thetalentpoint.com and apply, or send your resume to the following email; contact@thetalentpoint.com. You do not have to worry, your information will be safe with us, we will not share it, and we will not store any data.

Know about the launching of the AI Coding License by DIFC

AI Coding License

The United Arab Emirates is a country that has been characterized by its strict regulations regarding the use of licenses and the formation of companies in its territory. Since its emergence as an economic and business center, the government has created licenses for each type of productive activity. For example, tourism licenses, general trading licenses, professional licenses, etc. Today we will talk specifically about a new type of license: The AI Coding License.

In this article, you will find information about artificial intelligence, how the government is supporting the AI ​​industry, what is the AI Coding License and also how we can help you get one of these licenses.

  1. What does AI stand for?
  2. What is the Dubai International Financial Centre?
  3. The AI Coding License
  4. The UAE’s strategy for Artificial Intelligence
  5. How the government of the UAE supports the AI ​​industry?
  6. Advantages of acquiring an AI Coding License
  7. Why acquire an AI Coding License in the Dubai International Financial Centre?
  8. How can we help you get an AI Coding license?

1. What does AI stand for?

The acronym “AI” stands for Artificial Intelligence. This term is based on the ability of a computer controlled by a robot or a digital computer to perform tasks commonly associated with the intelligence of living beings.

This term is generally applied to projects related to intellectual processes characteristic of human beings. For example, the ability to reason, discover meaning, generalize, or learn from a past experience.

1.1 Types of artificial AI

The principal kinds of Artificial Intelligence are the following:

  • Weak AI: This type of AI is also known as “Narrow AI”. It is a type of Artificial Intelligence whose objective is to perform a specific task. The Weak AI is in charge of managing most of the AI ​​that surrounds us today. It enables some robust applications, such as Amazon’s Alexa, IBM Watson, Apple’s Siri, and autonomous vehicles.
  • Strong AI: This AI is made up of Artificial General Intelligence (AGI) and Artificial Super Intelligence (ASI). General AI is a theoretical form of AI where a machine could have human-like intelligence. It would have a self-aware consciousness that could solve problems, learn, and also plan for the future. Artificial Super Intelligence would surpass the ability and the intelligence of the human brain.

1.2 Artificial Intelligence applications

Today, there are numerous real-world applications of AI systems, some of their uses are the following:

  • Customer service: With the rise of AI, online virtual agents are replacing human agents. They are responsible for answering frequently asked questions around topics and even provide personalized advice.
  • Computer vision: AI ​​technology enables systems and computers to derive important information from digital images, videos, and other visual inputs. And based on those inputs, machines can take action.
  • Recommendation engines: By using past consumption behavior data, the AI ​​algorithms can help decipher new trends that can develop more effective cross-selling strategies.

2. What is the Dubai International Financial Centre?

The Dubai International Financial Center (DIFC) is a special economic zone in this Emirate. It is a financial hub for the Middle East, Africa, and also South Asia (MEASA) markets. This area has regulatory authorities according to international standards and a judicial system, it has a law framework, global financial exchange, a large business community, and also a tax-friendly regime.

DIFC is home to hundreds of financial institutions, including private investors and wealth funds. Also, it is home to multinational retail outlets, restaurants, cafes, residential spaces, hotels, public green spaces, and art galleries.

DIFC is one of the free zones of Dubai. It offers entrepreneurs 100% ownership of their company without the need for a local agent. This area is governed by a common-law framework distinct from the United Arab Emirates legal system. DIFC offers companies established in its territory a 50-year guarantee of zero taxes on corporate profits and income. This policy is supplemented by the UAE’s network of double taxation treaties.

2.1 Aspects of the Dubai International Financial Centre

The DIFC is an independent jurisdiction belonging to the United Arab Emirates that has its own civil and commercial laws, and its own courts. DIFC laws and regulations are written in English and default to English law, in case of ambiguity.

This independent jurisdiction extends to several sectors. For example, commercial, civil, corporate, trusts, employment, and security law matters. Other laws of the UAE or the Emirate of Dubai, such as immigration regulations and criminal laws, continue to apply in DIFC.

The Dubai International Financial Center offers operation support and business continuity facilities, no restrictions on foreign exchange, 100% ownership, 0% tax on income and profits, and also no restrictions on profit/capital repatriation.

3. The AI ​​Coding License

On March 1 of this year, the Dubai International Financial Center launched an initiative related to Artificial Intelligence. This initiative is accompanied by the creation of a coding license, in cooperation with the UAE Artificial Intelligence Office. This novelty aims to attract AI companies and coders from around the world.

Companies that hold this license will be able to legally operate in the DIFC Innovation Hub. This is the largest cluster of FinTech and innovation companies in the region. The DIFC hub is home to more than 500 firms, ranging from startups to global companies, who represent more than sixty percent of all GCC Fintechs. In addition to this, the AI Coding License allows entrepreneurs the opportunity to obtain the UAE 10-year Golden Visas for employees working in those companies.

Today, coding is an essential skill and competitive advantage for a large number of professional roles. It is, without a doubt, one of the most important talents to master for future and current generations. This project, established in the UAE, aims to create a new generation of coders, enhance their skills in technology and coding, empower them with expertise and tools, and also provide them with the opportunity to find innovative solutions to global and local challenges.

This initiative reflects, in a positive way, that the country is ready to become a global destination for those industries of the future. And their way of doing it is through the adoption of advanced technology stimulating innovation in various fields. Dubai and the DIFC seek to become global ambassadors for AI, for this reason, a wide variety of industries across the emirate are setting the standard to achieve the goal of the UAE: An international and competitive knowledge-based economy.

4. The UAE’s strategy for Artificial Intelligence

The government of the United Arab Emirates has introduced the AI Coding License as a measure to attract professionals and leading firms in the field of Artificial Intelligence. The release of this license signifies a commitment to the UAE National Strategy for Artificial Intelligence 2031.

This strategy aims to make the United Arab Emirates the world leader in the Artificial Intelligence sector by 2031. And with this, improve the education, economy, and government of the UAE. Part of this strategy includes the adoption of AI technology from industries, for example, logistics, healthcare, tourism, resources and energy, cyber security, etc.

As an example, the resource and energy sector would use this intelligence for energy-saving decisions and understand the demand and the global supply of oil. Another example is the tourism sector, here, the Artificial Intelligence can be used to predict the needs of tourists and offer customized services.

One of the main objectives of this strategy is widespread the implementation of AI in the country’s public sectors. The reason for implementing this intelligence is to facilitate the efficiency and dispatch of government services. Besides, this intelligence will make the services error-free, and less time-consuming. Also it will significantly bring down their cost.

The strategy aims to make the United Arab Emirates a competitive hub for the research and innovation of the AI ​​sector. To do this, attracting the right AI talent and investors was necessary. For this reason, the government released the AI Coding License.

5. How the government of the UAE supports the AI ​​industry?

From the formation of the UAE Council for Artificial Intelligence to the launching of a host of programs, the UAE government has made significant strides in nurturing the AI ​​industry. On the educational side, postgraduates and undergraduates courses about AI ​​are offered at several universities. In addition to this, the government has financed the offer of scholarships for those students who take this type of course in the UAE and abroad.

Also, initiatives such as the UAE Artificial Intelligence Internship Program, the National Program for Coders, and the Artificial Intelligence Summer Camp seek to promote innovation and talent in the IT field.

The launch of the AI Coding License promises to be a game-changer in the economic sphere of the United Arab Emirates. Perks like Golden visas will attract the right AI professionals and ensure there is no shortage of talent.

With the forecast that Artificial Intelligence will become a fundamental aspect of the industrial, educational, and government sectors, the government has prepared a short and long-term plan for the gradual inclusion of this intelligence in companies.

Right now, there are multiple job opportunities in the AI ​​sector, so it is the right time to start your path in this sector. If you want to start an Artificial Intelligence Company, DIFC is the ideal jurisdiction for you. This area offers numerous tech firms and plenty of co-working and licensing options that can satisfy your company’s needs. The Dubai International Financial center is the perfect launchpad for your AI business, especially if you hire a business setup agency, like Connect Zone, to guide you and ensure all your requirements are met.

6. Advantages of acquiring an AI Coding License

All licenses in the United Arab Emirates have a purpose. For example, the industrial license is for the manufacturing activities in the country and the commercial license deals with the purchase and sale of products inside and outside the UAE. The recently launched AI Coding License will allow entrepreneurs to legally carry out activities related to Artificial Intelligence and system coding.

Some of the advantages that you can acquire with this license are the following:

  • Well-subsidized license fee for AED 5,508 per year, for up to 4 years.
  • Minimum share capital requirement of AED 150,000
  • Zero incorporation and registration fee
  • Reduced visa costs of up to 50%
  • Minimum co-working desk space at AED 1800, payable monthly or annually
  • Up to 4 visas approved on the minimum co-working desk space
  • Options for golden visas

7. Why acquire an AI Coding License in the Dubai International Financial Centre?

DIFC is the leading financial hub in the region for business, lifestyle, and fintech. Some of the reasons why you should acquire an AI Coding license in DIFC are the following:

  • It has a codified English common law
  • It is considered one of the top eight onshore financial centers worldwide
  • DIFC courts follow international standard regulations.
  • It offers a great variety of Visas

8. How can we help you get an AI Coding License?

Connect Zone has been helping more than a thousand entrepreneurs to form the company of their dreams in the United Arab Emirates for more than twenty years. We are the ideal partner to advise you when you need it and guide you in each step and procedure that you have to carry out.

We can help you with the process of applying for your AI Coding License, we will carry out all the procedures to obtain the visa you need and we can even assume the role of a local agent if you require it. Connect Zone is fully trained to assist you in all the necessary procedures for the formation of your company.

Do you want to know more about us and the AI Coding License? You can contact us at the following number +971 43 316 688 or at contact@connectzone.ae. Where one of our advisors will assist you with all of your concerns.

If you want to know about different job offers, The Talent Point is the job platform for you. If you are interested in working with us, sign up in thetalentpoint.com or you can send your resume to the following email contact@thetalentpoint.com. Remember that your privacy is the most important thing for us, we will not share or store your information.

Business License: Do bloggers need to obtain one?

Business License.

In recent years, the economy of the United Arab Emirates has diversified. Productive and commercial activities can be carried out in different ways, in different types of businesses. Professions such as bloggers, influencers, etc., can find great job growth opportunities in the UAE. However, to do so, it is necessary that you obtain a Business License.

In this article, you will find information about the Online Business License in Dubai, the types of Business Licenses in the UAE, and a few relevant aspects you should consider when blogging in the Emirates. Let us observe:

  1. Aspects of the Business License in Dubai
  2. Different types of Business Licenses
  3. What is a Media License for bloggers or influencers?
  4. What is a blog?
  5. Some activities bloggers perform
  6. How can you become a blogger in the UAE?
  7. How can we help you get a Business License for your blogging business?

1. Aspects of the business license in Dubai

A Business License in Dubai is an official document provided by the Department of Economic Development (DED) of the respective Emirate. All companies in the UAE must have this license to legally operate in the country.

There is a great variety of licenses and economic jurisdictions in this country that encourage entrepreneurs to form companies. The government has taken the time to introduce entrepreneur-friendly policies like reducing business setup fees, long-term residence visas, etc.

Among the economic jurisdictions are Free Zones, Mainland, and Offshore companies. These jurisdictions offer entrepreneurs multiple options when forming a company. Depending on the essence of your company, the type of activity, and the target audience, you must choose a jurisdiction that suits the needs of your business.

1.1 Free Zone Business License

Obtaining a business license in a Free Zone enables you to operate legally. The steps to form a business in this area are the following:

  • Choose the trade name of your company and receive the approval of the corresponding authorities of the Free Zone.
  • Then, you must select the productive activity of your company, along with the business license
  • After, you will need to submit certain documents. For example, passport copy, application form, photograph, etc. After submitting the documents, you must pay the required fee to obtain your business license.
  • Finally, the UAE authorities will review your application and deliver your license. Once you have it in your hands, you must apply for a residence visa and open a bank account.

1.2 Mainland Business License

Mainland companies are the target for those entrepreneurs interested in expanding their business in the local UAE market. Also, the Mainland offers the possibility to add more branches and hire more staff easily.

The most common company established on the Mainland is the Limited Liability Company and the steps to form one are the following:

  • Reserve the company’s trade name and obtain approval from the Department of Economic Development (DED) of the Emirates.
  • Then, you must select the activity and the type of company you want to establish.
  • Submit the necessary documentation. For example, passport copy, application form, and a photograph for the DED.
  • Finally, pay the fees and wait for approval from the Department of Economic Development to receive your license.

One of the most important incentives in the Mainland for entrepreneurs is to be able to maintain 100% ownership of their company. Which means that you will not need to share a part of your business with a local agent.

1.3 Offshore Business License

The offshore jurisdiction consists of non-resident companies. In this area, companies do not need residence visas and cannot rent or own a physical office space in the UAE. Offshore companies are mostly virtual companies registered with the same address as their registered agents. Also, they are international companies that facilitate international trade and operations remotely.

The companies established in this area will not have a business license, they will have what is known as a Certificate of Incorporation. The Offshore Business in the UAE is formed to promote trade among countries.

2. Different types of Business Licenses

As shown above, acquiring this license is the number one priority for all company owners in the UAE. Choosing the correct business license for your company is of utmost importance since this will define whether you can work or not.

Depending on the nature of your company, you will be able to choose from a wide range of license types and business activities from the Free Zone, Offshore, and Mainland jurisdictions. Some of the licenses that you can find in the UAE are the following:

2.1 Commercial License

This license is for those companies involved in the sale and purchase of goods. The Commercial License allows companies to trade within and outside the UAE.

There are several commercial licenses, each dedicated to a different activity. For example, if your main focus is trading in the UAE local market, you can apply for a general trading license. However, you are interested in exporting and importing, there is also a specific license for it.

Some of the activities you can carry out with this license are the following:

  • Oil and gas trading
  • Trading in automobile
  • Used furniture trading
  • Safety equipment trading
  • Gold and precious metal trading

2.2 Professional License

Any company or individual related to the use of intellectual abilities to offer a service must acquire a Professional License. Legal services, consulting, and audits, are some of the services covered by this license. Also, artisans, IT service providers, and craftsmen can apply for this license.

Other activities covered by this license are the following:

2.3 Industry License

Those companies related to industrial and manufacturing activities must acquire this type of license. Also, this type of company must have a physical office in the UAE.

Some types of industrial license are the following:

  • Meat products manufacturing
  • Carpet manufacturing
  • Garments manufacturing license
  • Dairy products manufacturing

These are the three main licenses in the United Arab Emirates. However, with the passing of time and the diversification of the economy, the government has created licenses for specific activities. For example, the Media License for bloggers or influencers.

3. What is a Media License for bloggers or influencers?

During the last years, social media influence has grown remarkably. Those individuals whose work is based on social networks or blogging must acquire one of these licenses to operate legally in the UAE.

This license is issued by the National Media Council (NMC). Bloggers can opt for an “individual license”, which means they want to work independently.

To apply for this license, you must do it through the NMC and you must submit the following documents:

  • Emirates ID copy
  • Trade License copy
  • Tenancy contract or registered title deed

Also, to be eligible for a Media License for bloggers, you must meet the following requirements:

  • Be older than 25 years
  • Must be a UAE resident or a GCC
  • You must not be a member of the NMC
  • Have a good reputation

3.1 Penalties for not having a Media License

If you decide not to process this license and work as a blogger or as a social media influencer, the authorities can impose hefty fines on you. Note that the local authorities can penalize you with a fine of up to AED 5,000 for not having this license.

3.2 UAE Social Media Law

Some content may be illegal in the United Arab Emirates due to cultural sensitivities. While the content may be perfectly fine in other countries, it may not be acceptable in this country. If there is something that can affect the good behavior and moral values ​​of the society, these actions can be considered crimes.

Some of these actions can be making and sharing controversial posts about religion, world leaders, politics, etc. For this reason, all bloggers must be extra careful with the posts they make during their time in the country.

4. What is a blog?

A blog is a type of website where one or several writers share their views on a particular topic. These websites can be for personal or corporate use. Also, blogs are regularly updated with content and posts are generally displayed in chronological order. With the newest posts at the top of the page.

5. Some activities bloggers perform

By acquiring an online business license in Dubai, a blogger can perform different tasks related to their profession. For example:

5.1 Content writing

Blog posts aim to offer valuable information to people in a way that is easy to read. This is the first step to gain the trust of readers and being able to convert them into customers in the future.

What you decide to write on the blog is up to you. On the internet, there are blogs for almost any topic imaginable like health, religion, finance, travel, etc. However, to attract a loyal audience, it is advisable to stick to one specific subject. This is known as a niche blog.

5.2 Affiliate marketing

Affiliate marketing is one of the ways bloggers make money. This is based on the recommendation of products within your content. Every time a reader uses one of your affiliated links to purchase a product you recommended; you will earn a commission from the sale.

5.3 Email marketing

Blogging and email marketing are closely related. With email marketing, you can develop a more personal relationship with your readers, through direct communication.

Also, every time you make a new post or promote a new product, you can send this information directly to your subscriber’s inboxes.

 5.4 Self-promotion

Self-promotion is one of the most important things you should do as a blogger. After all, if you want new people to know about your business, you have to promote it. This does not mean you should buy ad space or create a big marketing campaign. You can simply promote your content on social networks.

Some social platforms like Facebook or LinkedIn are perfect for promoting your blog as they are free and easy.

6. How can you become a blogger in the UAE?

To start a blogging business in the United Arab Emirates, you need to complete the following steps:

6.1 Select a niche for your blog

To start and manage a successful blog you need to choose the right niche for you. Make sure you choose a niche that you are interested in and one that attracts people’s interest.

6.2 Choose a blogging platform

At this point, you should determine the type of management software you want to use and choose the best blogging platform.

6.3 Pick a domain name

Your domain name will be the name by which you will be known on the internet, no matter what niche you choose. This will be the unique address of your blog on the internet. Your domain will be yours as long as you pay the annual fee.

6.4 Get a web hosting

After choosing your domain name, selecting a reliable hosting service will be one of the most important decisions you can make. To a great extent, the performance and the functionality of your site will depend on your blog hosting.

6.5 Select a theme and design

One of the most important things your blog needs is a good appearance (design and layout).

6.6. Make money blogging

Monetization is the process based on transforming your blog activities into profit. It must be remembered that besides the money, being a blogger means creating useful content that will attract people and grow your business.

7. How can we help you get a Business License for your blogging business?

Forming a company in the UAE requires multiple processes and the submission of different documentation. This process can take a long time if the entrepreneur does not have much knowledge about the local laws. This is where Connect Zone can be your best ally.

At Connect Zone, we can help you with the process of obtaining your media license for bloggers, as we guide during the process of opening a bank account and processing your visa. Similarily, we complete each legal and business-related procedure for your business to start running smoothly.

Would you like to contact us for more information about licenses in Dubai and the UAE? Feel free to contact us at +971 43 316 688. You can also send us all your questions through contact@connectzone.ae where one of our representatives will gladly take care of your inquiries.

Are you looking for a job in your field of expertise? thetalentpoint.com has many different employment opportunties available today. You can apply through their website, or simply send your resume to contact@thetalentpoint.com.