Trade License renewal in Sharjah

Trade License renewal in Sharjah

The emirate of Sharjah is known as the cultural and industrial center of the country. For new entrepreneurs, Sharjah represents a world of job opportunities due to its innovations in the media and creative industries. However, in order to begin your commercial activities legally, it is necessary to obtain a license and know how to renew it to avoid legal trouble. This is why we will explain the Trade License renewal in Sharjah process.

In this article, you will find information about the types of licenses you can find in Sharjah, how you can acquire one, how the renewal process for a Trade License is, and also how we can help you with these procedures.

  1. Aspects of the Trade License in Sharjah
  2. What types of Trade Licenses can you find in Sharjah?
  3. How to get a Trade License in Sharjah?
  4. How is the renewal process for this license?
  5. What happens when you do not renew your Trade License?
  6. Advantages of obtaining a Trade License in Sharjah
  7. How can we help you renew your Trade License in Sharjah?

1. Aspects of the Trade License in Sharjah

A Trade License is one of the essential documents to officially run a company in Sharjah. Every company must have a valid license to carry out its activities. This license is valid for one year.

The government of the United Arab Emirates has taken the time to promote foreign investment and diversify the economy based on the media and industrial sector. However, to meet the standards of excellence, it is necessary to implement certain regulations, such as the adoption of Trade Licenses.

Sharjah Trade Licenses help the government to keep track of the operations carried out by companies and to protect the rights of consumers. The entity in charge of the issuance and the Trade License renewal in Sharjah is the Sharjah Economic Development Department (SEDD).

The Trade License renewal process can be tedious if you are not familiar with it. For this reason, you should hire a business setup consultant, such as Connect Zone, to guide you through your application.

Note that a deferral in filing a Trade License renewal in Sharjah could lead to sanctions for your company. Also, they could ban your Trade License, freezing all business activities.

2. What types of Trade Licenses can you find in Sharjah?

The main licenses in Sharjah are the following:

2.1 Commercial License

This type of license is dedicated to those companies whose main activity is related to the purchase and sale of goods and services inside and outside the UAE. This applies to Limited Liability Companies (LLC) and Sole Establishments. And it can be used for both general trading and specialized trading.

Some of the activities the Commercial License covers are the following:

  • Import and export
  • Auto trading
  • Rental services
  • General store
  • Restaurant management
  • Radius
  • Tv stations
  • Cinema theater equipment installation
  • Real estate

2.2 Professional License

The Professional License is dedicated to all entrepreneurs who take interest in offering some type of professional service to their clients. The main objective of this license is to establish that the company or individual is qualified to offer these services in the UAE.

Note that when applying for this license you must demonstrate your skills. Also, an important factor of this license is that it allows entrepreneurs to maintain 100% ownership of their company.

Some of the activities this license covers are the following:

2.3 Industry License

Generally, this license is for those entrepreneurs who intend to form companies related to the production and transformation of natural resources into goods.

Some of the activities license covers are the following:

  • Petroleum and metal extraction
  • Raw materials processing
  • Manufacturing of wood, furniture, and wood products
  • Manufacturing of paper products
  • Glass industries
  • Meat processing
  • Agricultural equipment and accessories manufacturing

Note that period of validity of each license may vary. For this reason, you must keep tabs on the Trade License renewal in Sharjah to avoid misunderstandings.

3. How to get a Trade License in Sharjah?

The process to obtain a Trade License in Sharjah will depend on the type of company you decide to create. Some of the companies that you can form in this Emirate are the following:

3.1 Limited Liability Company

Firstly, the applicant must contact the license section of the Sharjah Economic Development Department (SEDD) to start the process of reviewing documents, trade names, etc. Then, your application can be approved or they can return it to make some amendments.

Once your application is officially approved, you will need to make the payment and you will receive the registration certificate and the license.

The documents you need for a Limited Liability Company are the following:

  • Brand certificate
  • Partnership contract
  • Technical assessment report
  • Passport copy
  • Residence visa
  • License form
  • Emirates ID copy
  • Ministry of Economy approval
  • Certified copy of the lease contract
  • Property certificate or map image
  • No objection letter from the applicant

3.2 Partnership Company

The process to form a Partnership Company is the same as the process to form a Limited Liability Company. Documents are also the same, except that this type of company does not need a no-objection letter.

3.3 Business Partnership License

Firstly, the parties involved in the company must attend to the trade name section of the SEDD for preliminary approval. Then, the parties involved must sign the business partnership contract.

The next step is to wait for data approval or correction, as the case may be. Lastly, you will need to make the payment and receive your license.

The documents to obtain a Business Partnership License are the following:

  • Commercial name certificate
  • Business partnership contract certified
  • Technical assessment report
  • License form
  • Emirates ID
  • Passport copy
  • Certified copy of the lease contract
  • Billboard design
  • Property certificate or map image
  • Civil register abstract (family book)
  • A no-objection letter from the applicant

3.4 Foreign Company Branch

The first step to form this company is to apply for a license in the SEDD. Note that to form this company you need the approval of the board of directors, along with a legal translation.

Then, after having the approval of the board meeting, you should submit to the SEDD the documents duly certified by the UAE Embassy in the foreign country and the UAE ministry of foreign affairs.

Also, you must provide the power of attorney issued in favor of the company representative to proceed. Once all the documents have been delivered, the next step is to wait for approval for the branch registration on the license application form and check the trade name section for verification.

Once you receive your approval, you will be able to establish your Foreign Company Branch.

The documents to form a Foreign Company Branch are the following:

  • Registration certificate from the main company
  • Authenticated commercial license
  • Memorandum of Association duly translated and authenticated
  • Certified copy of the main company’s statue
  • Certified copy of the agency contract between the local agent and the foreign company
  • Legal translated approval from the board of directors.

4. How is the renewal process for this license?

The steps to follow for the Trade License renewal in Sharjah are the following:

4.1 Apply for the renewal

You can request the renewal of your license through any of the following channels of the Sharjah Economic Development Department:

  • SEDD branches
  • SEDD application
  • Service centers
  • SEDD website

The documents necessary for this renewal are the following:

  • License
  • Certified copy of contract lease
  • Approvals from the authorities according to the commercial activity carried out by the company
  • Copy of partner’s ID and passport

4.2 Review the transactions

The respective service channel where the Trade License renewal form was submitted will be in charge of the necessary audit and also will issue the payment voucher.

4.3 Pay the corresponding fees

Once you receive the voucher, you can proceed with the payment process. After making the payment, the Trade License renewal in Sharjah will be completed and you will receive your license.

5. What happens when you do not renew your Trade License?

Renewing your license is mandatory throughout the territory of the United Arab Emirates. Hence, failure to do so can bring different consequences, for example:

5.1 Financial penalties

When a Trade License expires, the Sharjah Economic Development Department can impose several penalties on the company. A business that operates in the territory of the UAE with an expired license can be financially penalized.

Also, if you do not carry out the Trade License renewal in Sharjah within the specified time, it can cost you a lot of money and can damage your relationship with the authorities of the United Arab Emirates.

5.2 Blacklist

If a company decides to continue carrying out its productive activities without doing the Trade License renewal in Sharjah, it is possible that the company could be blacklisted. Hence, this would mean the cancellation of all their activities in the country, along with the entrepreneur’s visa and sponsors.

5.3 Restrictions of the business

Companies with an expired license will not be able to expand their activities under these circumstances. All companies must maintain a clean record and make the Trade License renewal in Sharjah if they have expansion plans.

To avoid these circumstances, it is always a good idea to appoint a business consultancy firm to deal with these processes and ensure that they are carried out successfully.

6. Advantages of obtaining a Trade License in Sharjah

Sharjah is the third most popular emirate of the United Arab Emirates and it is the one with the most cultural depth. Although this emirate is considered the cultural capital of the country, it is also a modern region. This place offers a world-class infrastructure, a politically stable government, and also accessibility to diverse markets.

Most entrepreneurs tend to think of Dubai or Abu Dhabi when opening a company. Which reduces the focus on Sharjah, making it a less expensive place. Also, Sharjah’s strategic location, with access to ports, provides an excellent opportunity for foreign investors.

In addition to this, some of the advantages of forming a company in Sharjah are the following:

6.1 No restriction of currency

There is no restriction of currency in the emirate of Sharjah. Many of the other emirates have such restrictions, which can hamper investment.

6.2 Non-mandatory audit

A company established in Sharjah does not need to be audited every year. Since there is no mandatory requirement for an audit, the company’s resources and time can be used more profitably. However, a company may voluntarily conduct an audit if management thinks it will be in the company’s interest.

6.3 Easy office renting

A company in Sharjah can rent anywhere in the Mainland. A business must establish its offices in places that are beneficial for the commercialization of goods and services and access to resources, raw materials, and also various markets.

6.4 No limits on activities

In many places in the UAE, the activities that companies can carry out are limited. Besides, in some occasions, they are divided into several sections. This does not happen in Sharjah, as in this emirate entrepreneurs have the freedom to choose any activity.

6.5 Capital requirement

There is no capital requirement of any kind. Thus, this is a very cost-effective approach and attracts many investors worldwide.

6.6 Unlimited visas

As your company grows, the requirements and size of your facility will too. Being able to apply for a large number of visas will allow the company to access human resources from all over the world.

6.7 Minimal taxes

Companies established on the Mainland of Sharjah do not need to pay taxes as corporate tax or income tax. The only tax you have to pay is the Value Added Tax or VAT.

7. How can we help you renew your Trade License in Sharjah?

We are a business setup agency with more than 20 years of experience in the area. Helping more than a thousand clients with the formation of their companies and the completion of all kinds of legal procedures. We are the communication bridge between entrepreneurs and official authorities and our priority is that you meet all your objectives.

At Connect Zone, we will take care of the application process for your visa, your Emirates ID, and we can also help you choose the perfect location for your office. Besides, we are your best partners when it comes to setting up businesses in the UAE.

Would you like to contact us to find out more about these procedures? You can contact us at the following number +971 43 316 688. Also, by writing an email to contact@connectzone.ae, one of our advisors will assist you.

Today, you can find many employers looking for your talent. If you would like to apply for a job, you can register on thetalentpoint.com and get started. You can also send your resume via contact@thetalentpoint.com where it is never being stored.

Differences between the professional license and the commercial license

professional license and the commercial license.

Starting a business in the United Arab Emirates is a fairly simple process. However, it is necessary that you comply all the regulations that the country has. Depending on the activity you want to carry out in the UAE, you must choose between several types of licenses to be able to operate legally, these can be: Professional, commercial, industrial, or a tourism license. Today, we will talk about the difference between the professional license and the commercial license.

In this article, you will find information about what these licenses are, who can acquire them, what is the difference between the professional license and the commercial license, and more. Let us see:

  1. What is the DED professional license?
  2. Who can acquire this license?
  3. Benefits of the DED professional license
  4. What is a UAE commercial license?
  5. Who can acquire a UAE commercial license?
  6. Benefits of the commercial license
  7. How to obtain these licenses?
  8. Differences between the professional license and the commercial license
  9. How can we help you obtain a license in the UAE?

1. What is the DED professional license?

A professional license is an official document of the United Arab Emirates and is authorized by the Department of Economic Development (DED). It was created for those individuals interested in offering a professional service based on some physical or mental ability that allows them to generate an income.

Some of the industries where you can generate income with this license are the following:

2. Who can acquire this license?

Those professionals who offer services such as designing, tourism guidance, research, or any other service based on experience, talent, or ability, must apply for one of these licenses at the Department of Economic Development (DED).

By having a professional license, you can legally operate and offer your services to anyone in the UAE. And also, you have the power to undertake the activities depending on your qualifications or your area of ​​expertise.

Take into account that dedicating yourself to a professional service requires skills, intellectual abilities, talent, and experience to carry out certain projects and tasks. And meet the expectations and quality margins of the country’s authorities and your customers.

It must be remembered that even if the professional license allows you to run a large number of services, certain tasks will require authorization or approval from other authorities. These authorities are established in each Emirate of the country and their objective is to maintain security, reinforce rules, manage industry standards and ensure that services are only offered by authorized professionals who are governed by the laws defined by the corresponding Ministry.

3. Benefits of the DED professional license

3.1 Diversity of activities

This type of license is not exclusive to a group of companies or businesses. On the contrary, it offers great diversity when choosing which activity you want to do. The list of activities offered by the DED increases every day, which is why more people are inclined to acquire a professional license.

If you are a new entrepreneur and you have an idea to form a company, it is most likely that your idea is on the list of activities accepted by the authorities. You should keep in mind that even if the authority accepts an activity, you still need to go through the approval process.

For example, if you want to offer training services, your company must have the necessary materials, such as whiteboards, screens, projectors, among others. And enough space to carry out the training process.

3.2 Cost-effective approach

Purchasing a professional license will be very helpful if you want to save money in the long run. This license will allow you to establish your company in any area of ​​Dubai and the United Arab Emirates, which means zero ties to any special authority. Basically, you will have the freedom of a Limited Liability Company.

In addition to this, many businesses that are just starting see co-working spaces as a viable option. This will allow them to have an efficient work area while minimizing the costs of running a company. Currently, the market fee when renting an office is 2.5 percent, which makes this option the cheapest.

3.3 Adaptable market

This license allows entrepreneurs to maintain 100% ownership of their company when carrying out commercial activities in the UAE. Also, you can carry out your daily operations without needing the presence of a local shareholding party.

In addition to this, with this license, you can do business with different clients, in different markets. You will be able to offer your services and to make contract with other companies as well (this includes educational institutions and government-related agencies)

4. What is a UAE commercial license?

Basically, a commercial license is an official document that allows you to trade almost any product you can imagine. From toys and jewelry to electronics, food, and packaging. Also, you can trade services under a commercial license, for example, brokerage and real estate services.

This license is issued by the Department of Economic Development and the products you trade may be exported for sale outside the UAE, imported and sold in the country, or traded solely within the United Arab Emirates.

5. Who can acquire a UAE commercial license?

Obtaining this license means being able to work in different sectors of the economy, for example:

  • Auto trading
  • Import/export
  • Self storage services
  • General store
  • Rental services
  • General warehousing
  • Restaurant management
  • Tv station, radio, cinema theater equipment installation and maintenance
  • Shoe trading
  • Plumbing and sanitary contracting

These are some of the activities that individuals in the United Arab Emirates can do. However, you can see the full list of permitted activities at the Department of Economic Development, or you can check with a company setup specialist, such as Connect Zone.

6. Benefits of the commercial license

Some entrepreneurs are unaware that having a commercial license can bring multiple personal and corporate benefits. Some of these are the following:

  • If you decide to establish a company in a free zone and acquire this license, you will be able to enjoy unique incentives from that zone. For example, tax exemptions and free repatriation of income to the entrepreneur’s home country.
  • Companies applying for this license are free to establish their headquarters in any part of Dubai.
  • With the commerce license you can import and export a wide variety of products.
  • Having this document makes it easier to obtain work visas for foreign nationals.
  • Companies that have this license will not have to carry out audits to extend their licenses.

Commercial licenses allow entrepreneurs who established their company in the United Arab Emirates to carry out their operations and sell services and products throughout the country as well as internationally. One of the lesser-known aspects of this document is that it facilitates international employee visa admission. In this way, businesses can recruit a greater number of foreign workers.

7. How to obtain these licenses?

The process to acquire these licenses is quite simple and consists of the following steps:

7.1 Mainland or Free Zone

One of the most important decisions you have to make is the location of your company. Both options offer incentives unique to the area. For example, at Fujairah Creative Zone you can enjoy a quick incorporation setup and zero currency restrictions.

There are several types of licenses in the free zones, for example, industrial, commercial, professional, and e-commerce services. On the other hand, you will also find a wide variety of licenses on the Mainland. Companies established here can do business directly with the UAE market and enter into lucrative contracts with the government.

The right setup for you will depend on the nature of your company. A business formation expert, like Connect Zone, can help you make this decision.

7.2 Your company name

Choosing the name of your company is extremely important when registering a UAE business. For this reason, there are certain conditions that you must take into account before choosing the name. Firstly, the name must be governed by the moral values ​​of the United Arab Emirates society, secondly, it cannot be registered by another company or organization and thirdly, it cannot have any type of relationship with any government entity or religious deity.

7.3 License application

Once you have chosen the place, the name, and the type of productive activity of your company, it is time to apply for your license. To do so you must submit some documents and deliver them to the Department of Economic Development on the Mainland. On the other hand, if you decided to establish your company in a free zone, then you should approach the relevant authority in that zone.

In any case, it is always a good idea to have the services of a company formation specialist at this stage to ensure a successful outcome.

7.4 Required documents

Whether you are carrying out the application process on your own or through a company formation agent, the documents that you must deliver to the authorities are the following:

  • Memorandum of Association (MoA)
  • Duly filled application form.
  • Fee-receipt.
  • Permit from Dubai Municipality’s Building Department allowing the business to use the office space as a business address.
  • Passport copies of the shareholders
  • Original lease contract of the company’s register address

8. Differences between the professional license and the commercial license

8.1 Commercial license

As shown above, the commercial license allows a company to carry out trading activities. It is the most basic license available and covers a wide variety of tangible and available commodities such as real estate, hardware, general trading, clothes, construction, etc.

A commercial license is used by those companies that want to have more than ten commercial activities in a single license. Foreign entrepreneurs who have this license can only own 49% of the shares of the company on the Mainland. Also, the company has limited liability, which means that it obtains the suffix LLC.

From a strategic point of view, this license has multiple benefits, including tax benefits (low VAT, zero corporate and income tax), visa allocation for employees and their dependents, and also a supportive business ecosystem and international trading scene.

In Dubai, the minimum paid-up capital for a commercial license is AED 300,000

8.2 Professional license

Meanwhile, the professional license is more aimed at those individuals whose goal is certain special practices that fit into their educational attainment and craftsmanship. This license is service-oriented, which means that the same individuals provide the service. Customers pay for their craft because they have the experience to do it or because they have a license.

Contrary to a commercial license, foreign entrepreneurs can maintain 100% ownership of their company under a professional license. Also, the owner or professional has unlimited liability on the company. This is a main difference between the professional license and the commercial license.

If an entrepreneur wants to engage in consultancy activities, they must acquire a professional license. However, if a professional want to trade products or goods that they have made, they must then obtain a commercial license.

By having this type of license, the professional must pay a fixed annual fee for their license. Also, the official regulations of the United Arab Emirates require that the entrepreneur be completely transparent when dealing with clients. Moreover, they are eligible to apply for a residence visa in the UAE.

The minimum paid-up capital for a professional license is AED 150,000.

Although the difference between the professional license and the commercial license is notorious, both are very effective when it comes to establishing a business. If you want to succeed in this country, choosing a license that suits the essence of your company is the most important thing.

9. How can we help you obtain a license in the UAE?

With more than twenty years of experience, we have helped hundreds of clients to successfully establish their companies. We are the ideal partner to guide you through each step of this process.

At Connect Zone, we will take care of applying for the perfect license for your business model. Also, with us, your visa processing will be easy and safe. Additionally, we help you choose a place for your office in one of the best business centers.

Are you interested in learning more about us and the services we offer? You can contact us at the following number +971 43 316 688 or by writing an email to contact@connectzone.ae. Where one of our representatives will assist you shortly.

If you want to work with us or apply for a wide range of job opportunities, you can start sending applications through thetalentpoint.com. You can also send an email with your resume attached to contact@thetalentpoint.com. You do not have to worry; we will not save or share your information.

The easiest way to get your new Emirates ID

new Emirates ID

When you decide to start a new stage as an entrepreneur in the United Arab Emirates, you must take into account the various legal documents that you will need to live and work safely and effectively. A new Emirates ID is the basic documentation for every resident of the UAE, for this reason, the government has made it easy to obtain it.

In this article, you will find information on how to obtain a new Emirates ID, the renewal process, what to do if your ID gets stolen, lost, or damaged, how you can receive a Digital Emirates ID and how we can help you to facilitate this process.

  1. What is an Emirates ID?
  2. How to get a new Emirates ID?
  3. New Emirates ID features
  4. How to get an Emirates ID renewal?
  5. What can I do if my Emirates ID gets lost, stolen, or damaged?
  6. What can I do if I have to cancel my Emirates ID?
  7. How can we help you receive your new ID card?

1. What is an Emirates ID?

An Emirates ID is an identity document issued by The Federal Authority for Identity and Citizenship (FAIC). It is a requirement for all residents of the United Arab Emirates to apply for one and carry it everywhere. The use of an ID is the following:

  • To be able to vote in elections of the Federal National Council
  • As a travel document for residents of the United Arab Emirates to travel within the GCC
  • To get government services
  • As an immigration document through the eGates and smart gates in the different airports of the UAE

Consider that except for The Federal Authority for Identity and Citizenship, it is against the law to withhold the Emirate ID Card from other people. No company can retain the Emirate ID Card from their employees or their customers. They are only allowed to take the personal data reflected in it.

2. How to get new Emirates ID?

In recent years, the government of the UAE has been working to facilitate the application process for an ID. In this way, getting an Emirate ID Card has become an easy process anyone can complete by following these steps:

2.1 Obtain a UAE Pass

As an initiative of the Government of the United Arab Emirates for the use of more intelligent government systems, they recommend to create a UAE Pass account, which will allow you to enter the online portal of the government department without the need to use multiple accounts.

Also, with the new update, you can get a UAE Pass and use it to enter different portals with facial recognition technology, making it easier for users with smartphones.

2.2 Prepare the documents

Once the process has started, you need a digital copy of the following documents, to upload them to the online portal of the government department:

  • Residence visa copy
  • Colored photos
  • Front and back pages of your passport

If you are also applying for a dependent’s Emirates ID, you will also need a copy of your own Emirates ID.

2.3 Enter the online portal of the corresponding government department

You can start the application process for an ID through the website of the Federal Authority of Identity and Citizenship (www.ica.gov.ae) or the smartphone application (ICA UAE), available for Apple and Android.

Next, you must log in. If you decide to enter through the UAE Pass, it will send you to the UAE Pass application on your smartphone, which will use your pin to verify your identity or facial recognition technology. Once your identity is verified, you can continue the process in the ICA application or website.

 2.4 Select the service to get your Emirates ID

In addition to the process, you will have the option to request the assignment of your Emirate ID and you will be able to see all the ID cards of the members of your family or of the domestic workers that you have under your sponsorship.

2.5 Upload the documents

At this point, you will need to upload all the documents to the corresponding online portal. Also, you must declare how the Emirates ID will be delivered to you, you can choose if you prefer to pick it up at a post office near you or if, on the contrary, you prefer to receive it at home. Please note that delivery costs will apply.

2.6 Make the payment

To upload the documents you must make the corresponding payment first. It is important to note that your Emirate ID is directly related to the duration of your visa.

If your visa lasts two years, you will have to pay DH200 for the card issuance and DH40 for the service fees.

If, on the other hand, you have a Golden Visa (which lasts 10 years) you will have to pay DH1000 for card issuance and DH40 for service fees.

2.7 Access to the Digital Emirates ID

Once the process is complete, you will receive a notification via email confirming the submission of your application. When your application is ready, you will be able to access a digital Emirates ID through the ICA app.

Finally, with the approved application, you will be able to use the Digital Emirates ID to complete everyday processes, for example, getting health insurance. The ICA requested to all service providers accept the Emirates ID electronic copy, which can be accessed through the ICA app, for the identity verification process.

2.8 Receive the physical copy of your ID

Upon approval of your Emirates ID application, the ICA will be in charge of printing it. Once printed, you will receive a notification via email or SMS so that you can pick up your ID Card at the post office closest to you. If you paid for the delivery, it will be sent directly to your home.

3. New Emirates ID features

Emirates ID cards are made with high-level technology to offer you security and confidence in your daily operations. Among its components are the following:

  • Fingerprint biometrics
  • Public key infrastructure (Digital signature and authentication certificates)
  • Smart card

3.1 Identification number

Emirates ID Cards contain an identification number that stays with the owner forever. With this number, the owner of the ID can enjoy government services and some non-government services.

3.2 Electronic Chip

  • It contains the personal information of the owner
  • Only authorized machines can read this chip and serve to authenticate the identity of the owner
  • The information on the chip is encrypted in order to ensure the privacy of the owner
  • This chip can store up to 32,000 letters of information

3.3 Other technologies

Emirates ID cards are one of the most technologically advanced cards in the field of Smart Cards. They include nine security filters that make counterfeiting very difficult and that greatly differentiate them from normal bank credit cards.

4. How to get an Emirates ID renewal?

To get an Emirates ID renewal, you must do so no later than thirty days after its expiration date. As the ID Card expires, the owner must request its renewal. The Federal Authority for Identity and Citizenship (FAIC) will send you a notification via SMS or email requesting your ID renewal.

After that, you must take the request in person or through the FAIC website (you can ask for a renewal online)

It is important to realize that UAE residents can apply for an Emirates ID renewal between six months and one year before expiration while residents who have a Visa can only request it when they renew their Visa.

5. What can I do if my Emirates ID gets lost, stolen, or damaged?

Emirates Identity Authority building
Emirates Identity Authority building

If someone stole or damaged your ID Card, or you lost it, you should immediately request a replacement from the Federal Authority for Citizenship and Identity. The steps to replace your ID card are the following:

5.1 Report the incident

Go to the nearest ICA customer Happiness Center and report the accident. That way they can deactivate the stolen or lost ID Card. Also, you can ask ICA for the identity number of your ID or a copy of it if you do not already have it.

In the case of a damaged ID card, remember to take the old one with you. When you report the accident, remember to take your documentation papers with you to prove your identity. For example:

  • If you are a UAE national, you must bring your original passport and a family book
  • GCC nationals must carry documentation that proves their residence in the UAE
  • Expatriate residents must carry their original passport stamped with a valid residence permit
  • If the lost ID belongs to a child under 15 years of age, their parents must bring the birth certificate with their color passport photo, against a white background

5.2 Apply for ID Card replacement

After reporting the incident, you must request an application form again at any ICA’s Customer Happiness Center. Also, you can fill out the same form through their website or app (available on the iTunes and Play Store) and request a replacement ID Card.

5.3 Pay the fees

To replace a lost or damaged ID card, the owner must pay AED 300. In addition to the application fees of AED 70, if they choose to process through a typing center. Besides, if you decide to carry out the process through the website, you will have to pay an application fee of AED 40.

These fees apply to all GCC nationals, UAE nationals, and expatriate residents. Keep in mind that you can receive an express replacement of your ID card at the ICA Customer Happiness Center if you pay an additional AED 150.

5.4 Receive your new ID card

The owner of the ID Card will receive a message or email from ICA about the status of their application and the expected delivery date. ICA will deliver it 48 hours after the application submission date. Those who applied for the express service will receive it in 24 hours.

6. What can I do if I have to cancel my Emirates ID?

Those residents who decide to cancel their resident visa, because they want to leave the country (either for work or pleasure) must return their ID Cards to the respective General Directorate for Residency and Foreigners Affairs. Likewise, the General Directorate for Residency and Foreigners Affairs will return the ID Cards to the FAIC.

7. How can we help you receive your new ID card?

The process of applying for and receiving an ID can be tedious, especially if you are an entrepreneur starting your business or investing for the first time in the UAE.

For this reason, at Connect Zone, seek to be your main support in this process. Our specialists are trained to attend to your needs and guide you through every step to obtain or renew your Emirates ID. Likewise, we can help you renew or obtain a visa.

Do you want more information about how to get your New Emirates ID? You can contact us at the following email address: info@connectzone.ae. Through it, you can communicate with one of our advisors. We will help you and answer all your questions.

Lastly, if you want to know more about us, you can send your CV to thetalentpoint.com or contact@thetalentpoint.com. Do not worry, we will not share your information or store it in our database.

LLC structure in the Free Zone UAE

uae freezone company setup

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

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

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

1. What does LLC mean?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

A detailed guide to services of VAT registration in the UAE

VAT UAE

Starting a company in the UAE is the main goal for many foreign investors. From a low tax rate to simple services of VAT registration in the UAE, Dubai offers multiple options to facilitate the business setup process. As a result, large and small companies seek to establish themselves here in order to enter into the most prolific financial and investment market in the Middle East.

In this article, you will learn everything about VAT registration services in Dubai. Likewise, you will read every detail about their functioning and how to access them. Let’s observe:

  1. What does VAT stand for in Dubai?
  2. How does VAT collection work in Dubai?
  3. What are the services of VAT registration in the UAE?
  4. What is the process for VAT registration in the UAE?
  5. Documents you will have to submit on the process for VAT registration in the UAE
  6. Benefits of VAT registration
  7. How can we help you in the process of VAT registration in the UAE?

1. What does VAT stand for in Dubai?

Contrary to general belief, in Dubai and across the UAE there is a minimum tax rate companies must pay according to their annual earnings. This additional charge is the Value Added Tax (VAT), an indirect fee added to products or services during each part of the supply chain that is lastly covered by the end consumer.

The VAT was introduced for the first time in the UAE territory in January of 2018 as an initiative of the Federal Tax Authority (FTA) to promote a new income method in the different Emirates. That is to say, under UAE tax law, this general tax rate seeks to prevent a decrease in the businesses’ and population’s purchasing power and to improve the local economy above all.

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On the other hand, UAE VAT remains low compared to the percentage rates in other countries. It is only a 5% charge rate. Therefore, it allows entrepreneurs to increase their profits and avoid losses generated by income, corporate, or trade taxes.  Likewise, it provides companies the possibility to act as tax collectors on behalf of the government.

Moreover, VAT also aims to help in the improvement of public services, decoupling from oil or hydrocarbons as the main GDP, and diversifying the country’s economy.

1.1 What activities are VAT-exempted in Dubai?

Most business economic activities are linked to VAT fee payment. Nonetheless, there are some tax-exempt financial sectors in Dubai Free Zones and Mainland. These are:

  • Food
  • Export
  • Construction services
  • Education
  • Precious metal investment
  • Healthcare
  • Gold

1.2 Why some areas of Dubai are VAT-Free?

Although in some cases it is mandatory to pay VAT, there are companies and Dubai areas that are exempted from doing it so. To clarify, let’s take a small company as an example.

By not being able to reclaim VAT fees, the small company will be forced to make their products more expensive in order to generate larger profits. However, this action could damage the brand and put at risk the original investment capital.

Therefore, to help small companies or start-ups avoid the VAT becoming a complication; there are multiple Dubai Free Zones that are tax-free. However, it is advisable to consult with a team of experts who can guide you on the ideal place to start your business in Dubai in order to avoid losses and get to know what are the best ideas for company formation nowadays.

2. How does VAT collection work in Dubai?

Now, to understand how the VAT collection works in Dubai, the best way is to use a real-life example.

For instance, if a farmer sells his vegetables to a processing company, he must add a 5% VAT fee to the original price of his products. Later, if the company processes that food and sells it to a distributor, another 5% tax charge needs to be added. This procedure will go on and on until it reaches end consumers.

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To clarify, the distributors will lastly supply the finished product to consumers, adding an additional 5% tax fee to the base price.

In this way, the final consumer is the one in charge of covering the final VAT fee when purchasing the product, while the collection of the tax is done during the supply chain through a company or individual on the government’s behalf. Nevertheless, part of this money collected will go to the FTA further.

On the other hand, VAT is charged as follows:

  • On any of the products or services distributed by an organization
  • When claiming VAT fees for any financial activity and the trade of services and goods

3. What are the services of VAT registration in the UAE?

VAT registration in the UAE is the means by which eligible businesses can collect taxes from the end consumer and pay the appropriate fee to the Federal Tax Authority. It also allows mainland and free zone businesses to obtain a refund from the government for tax paid to suppliers if requested.

One of the advantages of VAT registration in Dubai and throughout the UAE is VAT payment is not compulsory for all businesses. That is to say, VAT payment and collection will depend on the revenue a company generates annually.

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To clarify, the main criteria a company must meet to apply for VAT registration in the UAE correctly is that an organization must generate at least AED 375,000 in supplies and imports during one year. Nonetheless, companies that generate around or less than AED 187,500 annually are not forced to pay VAT.

3.1 What types of VAT registrations services are in Dubai?

In the same vein, there are two different kinds of VAT registration services in Dubai according to the taxable profits your company generates per annum. These are the Mandatory VAT registration service and Voluntary VAT registration service.

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Each one has its own criteria and conditions every business owner must know before applying as long as specific requirements. These are:

3.1.1 Mandatory VAT Registration services

The main requirement to apply for this type of VAT registration service is that the company generates more than AED 375,000.

Other conditions to fulfill are:

  • If the business profits or imports were greater than AED 375,000.
  • If the company’s projections are greater than AED 375,000 in the next 30 days.

However, there is a special condition. Those companies that comply with the above requirements and do not carry out the corresponding VAT registration in a period of time are subject to a fine payment of around AED 20,000.

3.1.2 Voluntary VAT registration services

Unlike mandatory VAT registration, this one is completely optional. Enterprises that can opt for this type of service are the ones whose taxable expenses and turnover are more than AED 187,500 but less than AED 375,000.

Companies with profits within this rank are not forced to apply for VAT registration. Nevertheless, they can do it voluntarily. Also, there is no risk of fines in case a company does not have a VAT registration in the UAE. Other conditions are:

  • Your business profits and imports were more than 187,500 in the last year
  • The company’s projection point that the taxable expenses will be more than 187,500

3.2 Other VAT registration services

Similarly, it is imperative non-exempted companies have a proper register in the VAT collecting system to keep a record of their tax collections so they can avoid misunderstandings with local activities. Likewise, other services of VAT registration in the UAE that can help you track your company’s taxable expenses are:

4. What is the process for VAT registration in the UAE?

Foreign investors and offshore business owners that share a vision to establish themselves in Dubai and meet the mandatory requirements must complete the process of VAT registration in the UAE to set up a business in the Emirati territory.

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The full process is through the Federal Tax Authority website. Likewise, it is simple, cost-effective, and quick. In the same vein, there are two parts of the process that must be completed for VAT registration to be successful:

  • Creating an e-service account
  • VAT registration procedure per se

4.1 E-service account creation

Firstly, the process to create an e-service account is very simple. Follow these simple steps:

  • Enter the FTA website to create your e-service account and click on the “sign” tab
  • Fill the required fields with your personal and company info
  • Search the verification email in your inbox
  • Lastly, log in with your verified credentials

4.2 Procedure of the VAT registration in the UAE

Secondly, what you must do for completing the process of VAT registration in the UAE successfully is:

  • Firstly, click on the “Register for VAT” after logging in to the FTA website with your e-service account credentials
  • Read the full guide “Getting Started Guide” to know everything about the VAT registration process. This step is fundamental. You must read the full otherwise you won’t be able to continue.
  • Next, click the “click here to confirm you have read the getting started guide” button in order to continue.
  • After clicking on the “proceed” tab, the page will open a form for VAT registration you must fill with the correspondent information. The form has eight sections in total
  • Submit the filled form and requested documents before submitting. Be sure to check twice everything is in order and you did not miss any information boxes
  • Lastly, click on “submit for approval” to finish

5. Documents you will have to submit on the process for VAT registration in the UAE

Additionally to the filled application form, there are some extra documents you must present in the process of VAT registration in the UAE. Amongst there are:

  • Incorporation certificate
  • Contact information
  • Articles of Association (if needed)
  • Partnership Agreement (if applicable)
  • Details of your bank account
  • Financial statements
  • A detailed list of your enterprise’s business activities
  • Custom details (if needed)
  • Owner, manager, and senior management’s Emirates ID or Passport
  • Expected values of exports and imports (if needed)

6. Benefits of VAT registration in the UAE

The registration process is done through the Federal Tax Authority’s website, making it easy, simple, and quick. In this way, small and large entrepreneurs can access VAT registration quickly, easily and from anywhere in the world with just a click.

Furthermore, other benefits you’ll enjoy are;

  • Get a Tax Registration Number
  • Have a record of your import and suppliers venues
  • Opt for VAT refunds by the FTA
  • Claim an input VAT on your organization’s expenses

6.1 What is the Tax Registration Number and how does it work?

After completing the process of VAT registration in the UAE process, your company will acquire a Tax Registration Number (TRN). It is a 15-digit unique number intended for the company can register its taxes and file them to the Federal Tax Authority further.

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In the same vein, TRN allows you to prove your business status, profits, and taxable earnings to the FTA authorities. It also facilitates the application for VAT refunds, returns, and the collection of sales tax.

7. How can we help you in the process of VAT registration in the UAE?

To sum up, VAT registration in the UAE allows big and small enterprises to track their expenses in an effective way. However, it is important you have an expert team to support you during the VAT registration process in Dubai. At Connect Zone we are more than ready to reach out to you.

With over 20 years of experience, our staff is ready to provide you with economical options during the company formation. Also, we offer a wide range of business centers available in case you want to establish in one of the Dubai Free Zone and Mainland.

On the other hand, you can access our Freelancer Visas or learn how to get a Golden Visa to settle yourself faster in the UAE.

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

If you want to receive information, attach your CV or resume to thetalentpoint.com. Moreover, your personal information won’t be stored or shared.

List of top IFZA services

IFZA

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

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

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

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

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

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

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

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

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

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

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

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

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

3. What are IFZA services?

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

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

4. Top IFZA services for shareholders and employees

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

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Amongst the main IFZA services are:

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

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

4.1 Type of Licenses

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

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

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

·         Consulting License:

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

·         General trading license:

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

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·         Holding license:

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

·         IFZA Service license:

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

·         Trading license:

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

4.2 Visa Services

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

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

4.3 Business facilities

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

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

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

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

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

4.4 Packages

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

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

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

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

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

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

6. How can we help you access IFZA services?

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

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

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

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

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

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

UAE Golden Visa holders can get a Dubai driving license without classes; Swap with your Home Country

Golden Visa requirement UAE

The UAE Golden Visa offers multiple advantages to foreign individuals who are currently residing in Dubai and across the UAE territory. In addition to that long list of benefits non-EUA residents can enjoy, the Emirati authorities are permitting Golden Visa holders to get a driver’s license in an easy, fast, cost-effective way during 2022.

In this article, you will learn how to obtain a driver’s license in a short time and without classes if you are a Golden Visa holder. Also, we will explain to you what a UAE Golden Visa is and how to be an eligible candidate. Furthermore, you will discover:

  1. What is a Golden Visa?
  2. Why opt for a UAE Golden Visa?
  3. Why will Golden visa holders be allowed to obtain a driver’s license in less time?
  4. New driver’s license benefits for Golden Visa holders
  5. What is the process UAE Golden Visa holders should follow to get a driver’s license?
  6. How can we help you get a UAE Golden Visa?

1. What is a Golden Visa?

The United Arab Emirates has become a territory for investment, technology, science, and the breeding of bright minds and successful professionals.  Therefore, in order to continue attracting top professionals in the financial, technological, cultural, and scientific fields, the UAE created the Golden Visa in 2021.

Discover here everything about how to start an e-commerce business in Sharjah Free Zone

So, this legal document allows talented individuals to reside in any part of the UAE territory for a long period. Unlike other visas, the UAE Golden Visa has a duration of 5-10 years depending on the candidate’s profile. Another feature of this document is that it allows applicants not to resort to a local sponsor to settle in the country.

Among the main benefits of the Golden Visa are the following:

Likewise, UAE Golden Visa offers a specific amount of permitted residential years according to the candidate’s profile. To clarify, there are two types of visa: a 5-year visa and a 10-year visa. Each one has a list of specific requirements that apply to them.

1.1 Golden Visa Cost

The UAE Golden Visa cost starts at AED 5,000. However, the price may vary according to the requirements and duration of the visa. In addition, it is important to add extra expenses such as additional fees, services charges, and payments for setting up a business like PRO services, business centers, and VAT registration.

Click here to learn how to get your e- trader license in a short time

Nevertheless, it remains one of the most economical options for experienced investors, business owners, promising students, and forward-looking professionals who want to thrive in the UAE market.

1.2 Who can apply for a UAE Golden Visa?

Golden Visas are the product of UAE’s strategy to attract and retain the world’s most promising minds and investors. Therefore, there is a very specific list of requirements and profiles that the applicant must meet in order to successfully apply for a Golden Visa. On the other hand, these may vary according to the duration of the visa.

In the case of the 5-year visa, only the following can apply:

  • Entrepreneurs
  • Investors
  • Outstanding college and secondary students

Similarly, the following individuals may apply for the 10-year visa:

  • Entrepreneurs who have invested at least AED 10 million capital in the Emirati market
  • Individuals with specialized talents (doctors, inventors, scholars, artists, and researchers)

2. Why opt for a UAE Golden Visa?

Dubai and the rest of the UAE jurisdictions certainly have developed as one of the most financially prosperous and visionary countries. Over the last 5 years, the main purpose of the Emirati market is to become a leader in the investment, technology, and innovation field.

Consequently, thanks to their pro-migration policy, the UAE provides investors, students, specialized professionals, and entrepreneurs with endless resources to settle easily in an environment full of comfort, luxury, and competitiveness.

Learn here what professional licenses in Dubai are and how to get one

As a result, by successfully opting for a Golden Visa, you will be gaining access to one of the most thriving financial markets worldwide. In addition, it will allow you and your family to settle safely in the UAE for a long-term period. Lastly, the normal legal procedures for permits, licenses would be much easier.

3. Why will Golden visa holders be allowed to obtain a driver’s license in less time?

Coming to the main topic, foreign residents were not allowed to get their driving license without completing the mandatory hours of classes before taking the driving test. However, following a recent tweet from the Roads and Transport Authority (RTA), UAE Golden Visa holders were allowed to obtain a license without taking the mandatory classes.

Click here to learn more about how to get a Partnership VISA in Dubai

As a result, Golden Visa holders can head straight to taking the driving test and forget about the previous lessons altogether, lengthening the list of benefits of this visa.

Nevertheless, the measure does not exempt Golden Visa foreign residents who have failed the exam. Those Golden Visa holders with a failed driving test result must take at least 4 hours of mandatory driving lessons before taking the driving test again.

3.1 Permission for swapping license

As part of this change from the RTA, a modification was made to the list of countries eligible for a swapping license. That is to say, individuals of legal age with a legal driver’s license from their home country are also allowed to swap their permit for a local license if they come from one of the countries authorized by the UAE authorities.

Originally, the RTA had only allowed 32 countries to perform the Swap license. However, several countries were added to the list. Here we leave you the updated country list:

  • Australia,
  • Austria,
  • Bahrain,
  • Belgium,
  • Canada,
  • Denmark,
  • Finland,
  • France,
  • Germany,
  • Greece,
  • India
  • Ireland,
  • Italy,
  • Japan,
  • South Korea,
  • Kuwait,
  • Netherlands,
  • New Zealand,
  • Norway,
  • Oman,
  • Pakistan
  • Philippines
  • Poland,
  • Portugal,
  • Qatar,
  • Romania,
  • Saudi Arabia,
  • South Africa,
  • Spain,
  • Sweden,
  • Switzerland,
  • Turkey,
  • UK
  • USA

4. New driver’s license benefits for Golden Visa holders

In addition to waiving the mandatory driving lessons to obtain a driver’s license, some benefits were added to the list to help foreign UAE Golden Visa holders. Some of them are:

4.1 Cost-effective process

Firstly, in the eyes of many Golden Visa holders, the measure allows many expatriates to obtain the permit requirements more easily, allowing foreign residents to save time and money in the process of obtaining a driver’s license in the UAE. Besides, this measure shortens the list of requirements that Golden Visa holders must submit to obtain a permit.

4.2 Short fast-track courses

Secondly, although experienced and inexperienced drivers with a Golden Visa can skip conventional driving lessons, the Emirates Driving Institute (EDI) provides short fast-track courses so that individuals can familiarize themselves with the roads, rules, and driving laws of the Emirates.

Lastly, if you do not have a valid driver’s license it is essential you take 20 hours of beginner training. Subsequently, the Emirates Driving Institute offers multiple courses for UAE Golden Visa holders who cannot drive. Among them are

  1. Regular Driving Course
  2. Night Driving Course
  3. Weekend Driving Course (Friday or Friday & Saturday)
  4. Shift Driving Course (flexible)
  5. Gold Driving Course (VIP)
  6. Gold Excellence Driving Course (VIP)
  7. Platinum Driving Course (VIP)
  8. In case you do have a Golden Visa and valid driver’s license from your homeland, you can just sign up for the Direct Test Course to get your permit.

5. What is the process UAE Golden Visa holders should follow to get a driver’s license?

Although there are fewer restrictions thanks to this new ARP measure, there are some requirements and steps you must follow to obtain your driver’s license quickly, easily, and economically. Therefore, you must submit some documents, take a driving test, pay some fees and opt for the license online or in person at the authorized facilities.

In the same vein, among the general steps UAE Golden Visa holders should follow are:

5.1 Requested documents

The first step to take for opting for a driver’s license is to compile the list of mandatory documents. To sum up, the list is very short and simple. In the case of UAE Golden Visa holders, the papers would be:

  • Copy of previous driver’s license
  • Results of the knowledge and road test
  • Emirates ID of the applicant

5.2 Pay the correspondent fees

Similarly, there are different prices for each fee. It will depend on what you may need along the way to get your driver’s license. However, as a UAE Golden Visa holder, the expenses are much lower than in regular visas cases.

Do you know how to get a 5 multiple-entry tourist Visa in the UAE? Click here to learn everything

For instance, the fees you must pay to take the Knowledge Test are Dh200 for RTA plus Dh20. Also, when taking the Road Test is Dh220 AED in total. In short, the total fees go around Dh 200 RTA plus Dh20 for test, knowledge, and innovation fees.

Other services fees to consider are:

  • New driver’s license (Price may vary according to the age of the applicant)
  • Electronic eye test
  • Traffic file opening
  • UAE driver’s handbook manual
  • Driving license fees

5.3 Take the tests

There are different tests you must take to get your driver’s license in the UAE. Normally the tests to take are three: theory, parking, and road. Normally, the applicant has to take mandatory training classes, whether the applicant has experience or not.

In the case of UAE Golden Visa holders, there is no need for taking the training courses. That is to say, there are some fast-track courses experienced and non-experienced Golden Visa drivers can take.

Further, you can take the knowledge test in person at any of the authorized facilities. Some of the authorized driving centers you can find in Dubai are:

  • Excellence Driving Centre,
  • Emirates Transport Driving Institute, Al Ahli Driving Centre
  • Galadari Motor Driving Centre branches
  • Belhasa Driving Centre branches
  • Dubai Driving Centre branches
  • Dubai International Driving Centre or Drive Dubai

You can also take the knowledge test online through the official RTA website. After passing the Knowledge test, it will be time to take the road and parking test. Approving both will mean getting your driver’s license in a short time.

6. How can we help you get a UAE Golden Visa?

Now you know the benefits a UAE Golden Visa can provide to foreigners, it is time to apply for one. From fewer requirements in getting a driver’s license to, most importantly, a long-term opportunity for staying in the Emirati territory, applying for a Golden Visa can change your life completely.

If you have a suitable profile, the first step before applying for a Golden Visa is getting the right counseling to help you through the process. With over 20 years of experience, Connect Zone has experience in guiding entrepreneurs, investors, students, and talented professionals in the process of establishing themselves in the UAE Mainland and Free Zones successfully.

Furthermore, if you would like to set up a business further, we can assist you too. We offer Local Partner services, Business Centers, and VAT registration systems to local partners, we ensure 24/7 support during the entire company formation process.

Would you like to contact Connect Zone to know how to get a Golden Visa and get your UAE driver’s license faster? In case you have any questions, call us on +971 43 316 688. Moreover, you can email us at contact@connectzone.ae, and you will talk to one of our representatives who will answer your questions.

Lastly, if you would like to receive extra information, send your CV or resume to thetalentpoint.com. Don’t’ worry. We won’t store your personal information.

DMCC Free Zone Company/Business Setup – the Ultimate Guide

Business Setup in Dubai Freezone

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

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

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

1. What does DMCC stand for in Dubai?

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

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

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

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

2. DMCC Free Zone vs. other Free Zones

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

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

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

3. Activities and products allowed in the DMCC Free Zone

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

Some of the most important are:

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

3.1 Business activities

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

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

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

3.2 Cryptocurrency

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

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

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

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

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

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

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

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

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

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

Among other benefits this free zone has are:

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

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

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

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

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

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

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

  • Trade License
  • Service License
  • Industrial License

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

5.1.1 Dual License option

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

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

5.2 Applying online

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

5.3 Filing the documents and paying the fees

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

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

Other documents you might need are:

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

5.4 Choose a suitable workspace for your business

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

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

6. DMCC Free Zone Company setup cost

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

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

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

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

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

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

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

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

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

Guide: How to Open a restaurant in Dubai free zone and across the UAE

Restaurant

Over the last few years, Dubai became home to more than 200 different nationalities. Likewise, thousands of tourists choose the Golden City as their vacation getaway every year. Therefore, opening a restaurant in Dubai Free Zone is the latest trend every chef and food lover entrepreneur should follow to thrive in the UAE.

In this article, you will discover why opening a restaurant in Dubai free zone and across the UAE is a great investment idea for master chefs, entrepreneurs, and food franchises along with the different factors to consider before opening a food establishment in the UAE. You will also learn:

  1. Why should you open a restaurant in Dubai?
  2. Can you open a restaurant in any Dubai jurisdiction?
  3. Requirements for opening a restaurant in Dubai Free Zone
  4. Process for opening a restaurant in Dubai Free Zone
  5. What documents will you need for opening a restaurant in Dubai Free Zone?
  6. Extra requirements to consider
  7. How much will it cost to open a restaurant in Dubai Free Zone?
  8. How can we help you open a restaurant in Dubai and across the UAE?

1. Why should you open a restaurant in Dubai?

Dubai is a touristic and investment hub. It is a place filled with culture, leisure, and entertainment.

All around Dubai and across the UAE, top executives, entrepreneurs, and tourists (local and foreign) seek places to have meetings, share with their families, or try foods from local and foreign cultures. Therefore, master chefs and young cooking talents have the possibility to establish a successful business within any area of cuisine.

On the other hand, Dubai has emerged as a cradle for culinary experimentation. To clarify, there is a great diversity of flavors and culinary traditions from newcomers who settle in Dubai.  That is why opening a restaurant in Dubai Free Zone is among the top 10 business ideas to start a business in Dubai UAE.

It is an opportunity for increasing your profits and making a name for yourself in the gastronomic Emirati world. That is to say, the chances of failure are minimal. A large number of foreign residents and visitors opens the door to culinary creativity and investment which helps both small and large food establishments safely succeed in the UAE.

2. Can you open a restaurant in any Dubai jurisdiction?

Even though opening a restaurant in Dubai Free Zone has multiple benefits, establishing a restaurant in Dubai has its own rules and restrictions, starting with location. To sum up, there are two possible options for opening a restaurant in Dubai: Dubai Mainland and Dubai Free Zone.

Contrary to popular belief, it is not possible to open a restaurant in any place in Dubai. Firstly, it is not allowed in the industrial Free Zones of Dubai. However, it is permitted to open a restaurant in a Dubai Free zone that serves as a residential unit.

Therefore, among the jurisdictions that grant a restaurant license are:

On the other hand, Dubai Mainland has its own rules for restaurant setup however it can be an easier option. Since Dubai Mainland holds more independence and flexibility, it is the investment and financial center chosen by many looking-forward entrepreneurs to establish their food businesses.

2.1 Mainland vs. Free Zone

However, there is a major difference between opening a restaurant in Dubai mainland and a free zone. In the case of the mainland, it is essential to obtain a permit from the Department of Economic Development (DED) in order to work in any Dubai territory. That is to say, the restaurant can open anywhere on the mainland. This includes branches and franchises.

Click here to learn how to get an e-trader license in Dubai Mainland in a short time.

Nevertheless, in Dubai, Free Zones restaurant owners are only allowed to work under the perimeters of the Free Zone. To clarify, food establishments cannot operate out of the jurisdiction’s borders where they have decided to set up initially.

3. Requirements for Opening a Restaurant in Dubai Free Zone

Opening a restaurant in Dubai Free Zone is a quick, cost-effective process. The list of requirements is not long and the papers needed are few. However, costs and required documents may vary according to the jurisdiction where you choose to open your business

In general terms, the main steps you should follow are:

  • Choosing an available Trade Name
  • Get a local sponsor
  • Obtaining a Tenancy Contract
  • Having an Ejari (rented spaces)
  • Designing the interior of the restaurant according to the Food and Safety Department standards
  • Submitting required papers to the Department of Economic Development (DED)
  • Get a valid NOC from the Food Safety Department
  • Obtaining Dubai Municipality approval

4. Process for opening a restaurant in Dubai Free Zone

For opening a restaurant in Dubai Free Zone successfully and smoothly, the steps you must follow are:

Step 1: Choosing a jurisdiction suitable to your needs

Firstly, you should spend a little time researching each available Free Zone’s different benefits for setting up a restaurant. Dubai Silicon Oasis, the Dubai Airport Free Zone (DAFZA), and Dubai Multi Commodity Center (DMCC) provide restaurant owners with slightly different benefits, activities and requirements. Secondly, you just have to find the right one for your business plan.

Step 2: Trade license

To operate freely, it is essential that restaurant owners obtain a trade license from the Dubai Economic Development (DED) or apply for one in one of the free zones. The license allows a foreigner to have 100% business ownership.

This license can be new or renewed.

Step 3: Food and other permits

In this next step, restaurant owners must obtain a food license from the Food Safety Department to ensure that the facility meets all Food Code standards and abides by the department’s rules above all.

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In addition to the Food License, the restaurant will need other special permits such as food transportation, food truck operation, and a special permit to handle and serve pork on the premises.

Step 4: Submission of Layout/Blueprint

Another important step in opening a restaurant in the Dubai Free Zone is to submit a sketch or floor plan of the premises so that the Food Control Department can review it and give its approval in case reconstruction, renovation, or construction is required.

The plan must contain details of the layout and spaces for cooking, cleaning, food storage, and seating. Another requirement is:

  • Areas intended for bathing and sanitary facilities.
  • The layout of open spaces
  • Location of windows, doors, and ventilation systems
  • Equipment layout
  • Details of inlets and outlets
  • Sink and dishwasher distribution

Step 5: Asking for a site/location

This requirement is to preserve the safety of food, staff, and clientele. That is to say, the restaurant must have a minimum distance of 30 meters from any source of contamination, dumpsters, or incompatible processing facilities.

Step 6: Submit application forms and required documents

Finally, you must submit your fully formed application. In addition, provide a copy of:

  • Business license
  • Floor plans of the restaurant
  • Units and storage areas

Step 7: Open a bank account

To open a restaurant in the Dubai Free Zone, it is essential to have a domestic bank account. This way you will be able to regulate the cash flow and keep track of the restaurant’s assets, acquisitions, and expenses.

5. What documents will you need for opening a restaurant in Dubai Free Zone?

If you are opening a restaurant in Dubai Free zone, the papers needed to obtain the necessary licenses and permits are few. However, required documents may vary according to the Free Zone. Consequently, the general documents are:

  • Restaurant layout/blueprint (if needed)
  • Trade license copy
  • Investor’s passport copy
  • Investor’s visa copy
  • Color passport-sized photo
  • Detailed business plan
  • Additional permits like liquor, pork manipulation
  • Non Objection Certificate (NOC)
  • Tenancy agreement form
  • Proof of payment

6. Extra requirements to consider

There are some extra requirements you should consider when opening a restaurant. Including location, space distribution, and opting for a residential visa to be able to supervise your restaurant personally.

In the case of location and space distribution, you must take into account:

  • The kitchen area should be 300 ft.
  • Washing instruments must have hot and cold water
  • The kitchen tandoor should be at least 380 ft.
  • The chimney should be at least two meters highest than the closet building
  • There must be different facilities for dry, chilled, and frozen food
  • Drainage pipe must be at least two inches away from the walls

On the other hand, if you are interested in opening the restaurant and running it personally, the steps you should follow are:

6.1 Following the Food Code

If you are thinking about opening a restaurant in Dubai Free Zone, it is essential you follow the Food Code. It is the general law regarding the handling, hygiene, and preparation of food. Therefore, if a restaurant wishes to be successful in Dubai Free Zone and across the UAE.

It is vital that restaurants adhere to these guidelines in order to properly distribute ventilation, clean rooms, and ensure that everything is in order so as not to have problems with the local authorities.

7. How much will it cost to open a restaurant in Dubai Free Zone?

Opening a restaurant in Dubai free zone is a cost-effective process. You must create a budget that fits the needs of planning, development, and corresponding fees. You should also take into consideration all the licenses and permits you require. However, restaurant business setup costs around AED 15,000.

Click here to know more about the Dubai professional license and its uses

Remember that the price will depend on the Free Zone where you decide to establish your restaurant. In general terms, the costs to consider are:

  • Full-Service restaurant: This will depend on the space distribution. That is to say, the amount of space to be used for dining, kitchen, and storage. It may vary from AED 300,00 to AED 500,000
  • Delivery: If you want to open a delivery restaurant, it can be more cost-effective. You will only need the cooking area and the necessary utensils. It will be between AED 100,00 to AED 160,000.

8. How can we help you open a restaurant in Dubai and across the UAE?

In conclusion, opening a restaurant in Dubai Free Zone is a great investment option to introduce you to the thriving food, tourism, and venture market. Now you know better the complete process and requirements, at Connect Zone we are ready to help you establish your restaurant in Dubai Free Zone and across the UAE.

In Connect Zone we count on an expert team to help achieve all your professional goals in the UAE. To clarify, our staff is prepared to assist you during restaurant set up in a quick, safe, effective way at the best price. From providing local partners service to Pro services,

We ensure 24/7 support during business setup. Moreover, we offer a full document clearing service so your restaurant has all its papers and are legally ordered before and after submit in them.

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

To receive more information, submit your CV or resume to thetalentpoint.com. Your personal information won’t be stored or shared.

How to get an event management license in Dubai?

Event Management

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

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

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

1. What does an event manager do?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

4. Step by step process for event management license application

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

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

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

Step 1: Summarize your event management company’s operations

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

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

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

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

Step 2: Choosing an available name for your enterprise

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

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

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

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

Step 3: Choosing the right business set up area

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

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

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

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

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

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

Step 4: Gathering, organizing, and submitting requested documents

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

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

Step 5: Pay the required fees

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

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

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

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

Step 6: Formally apply for the license

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

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

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

5. Use of event management license to apply for visas

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

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

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

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

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

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

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

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