Company Setup options in Freezone Dubai

New Entity:

 Free Zone Establishment FZE: A new business entity with 1 shareholder (can be an individual or a Company)

 Free Zone Company FZ LLC: A new business entity, with 2 or more shareholders (can be individuals and/or companies)

Branch:

 Local Branch: A branch of an existing firm in the UAE

 Foreign Branch: A branch of an existing firm outside the UAE

 Please note we will require the below for a Branch Office or when a company is a shareholder:

 Company Documentation of parent company (Share Certificate, Memorandum etc) – we only require

copies of these documents,Passport copies of owners and manager

Board Resolution indicating it has been resolved to open a branch office at Free Zone,UAE – original required signed and stamped (contact us for a draft of the same)

When company to be a shareholder Board Resolution should state the following as an example – “XYZ

Company to take a 50% stake in new company ABC FZ LLC to be formed in Free Zone, UAE” – original required signed and stamped (contact us for a draft of the same)

The Board Resolution should also include who will be appointed the Manager / Person in Charge of the branch office or new entity

 posted by Winston Karumba, Senior Business Consultant at Adam Consulting


Tel + 97155 3350517

E mail winstonk@live.com

Benefits of Setting up the a company in Free zone (Studio City)

Benefits of Setting up the a company in Free zone (Studio City):-

100% foreign ownership of the business

Guaranteed levy exemption from private, income and corporate taxes

No currency boundaries

100% repatriation of capital and returns

Flexible labour laws ensure that industry needs for part-time and temporary requirements are met

Single window service provides visas in 24 hours for crew and fast-track immigration course for professional, guarantee quick access to talent

World-class technical infrastructure includes fibre-optic cables and satellite uplinking

Access to a talent pool of highly skilled freelancers from around the region

Opportunities to network with other companies for mutual benefit

Location Management Services

Easy access to Hotels and residential facilities to accommodate crews & casts

        

Location authorization Services

The advantage of the media and film production companies based in the UAE, Dubai Studio City is proud to extend one of its initial services to the film community at large. Dubai Studio City’s ‘Location Approval Services’ will expedite and facilitate all aspects of filming in Dubai and the United Arab Emirates. The service includes:

·         setting scouting - Through many of its resident Dubai Media City Business Partners who provide this service and are specialists in the field.

·         Quick access to the best talent - Through one of its many Business Partner Talent companies, Dubai Studio City will help you find the right talent for your film project.

Posted by Winston Karumba, Senior Business Consultant



Tel + 97155 3350517

 E mail winstonk@live.com

Dubai Business Advisors

Benefits of Setting up the a company in Free zone (Studio City)

100% foreign ownership of the business

Guaranteed levy exemption from private, income and corporate taxes

No currency boundaries

100% repatriation of capital and returns

Flexible labour laws ensure that industry needs for part-time and temporary requirements are met

Single window service provides visas in 24 hours for crew and fast-track immigration course for professional, guarantee quick access to talent

World-class technical infrastructure includes fibre-optic cables and satellite uplinking

Access to a talent pool of highly skilled freelancers from around the region

Opportunities to network with other companies for mutual benefit

Location Management Services

Easy access to Hotels and residential facilities to accommodate crews & casts

         

Location authorization Services

The advantage of the media and film production companies based in the UAE, Dubai Studio City is proud to extend one of its initial services to the film community at large. Dubai Studio City’s ‘Location Approval Services’ will expedite and facilitate all aspects of filming in Dubai and the United Arab Emirates. The service includes:

·         setting scouting - Through many of its resident Dubai Media City Business Partners who provide this service and are specialists in the field.

·         Quick access to the best talent - Through one of its many Business Partner Talent companies, Dubai Studio City will help you find the right talent for your film project.

Posted by Winston Karumba, Senior Business Consultant



For more information about Company Formation or inquiry you can contact me on


Tel + 97155 3350517


E mail winstonk@live.com

Why choose Adam Holding for your schengen visa processing

Thousands of customers, every year, choose Adam holdings
to organize their visas because:
      It’s your best chance to ensure European visit
      Timely, Hassel free procedure
      Professional Service
      Fast track processing

We’re visa experts and have organised over 30,000 visas
for people like you.
Our visa guarantee means no visa – no fee!*

If you want more information on Schengen visa application in UAE please feel free to contact me. Thank you
 

Posted by Winston Wambua, Senior Business Consultant

For more information about Company Formation or inquiry you can contact me on

Tel + 97155 3350517

E mail Winstonk@live.com

Skype Winston.Wambua

Company Formation in JLT/ DMCC Freezone Dubai UAE

Jumeriah Lake Towers is a Free Zone, located opposite to Dubai Marina, administered byDMCCA (Dubai Multi Commodities Centre Authority). The jurisdiction supports both commodities trading, and service & retail, with DMCC License and JLT license respectively. This sky scrapper cluster is a prime location providing both the residential and commercial spaces for lease or purchase.
Being a Free Zone jurisdiction, companies can enjoy the privilege of complete ownership of their company and avail one of the most prestigious locations in Dubai.
Apart from that the benefits include virtual office facility, complete repatriation of capital and full range of business activities.

If you want more information on incorporating in JLT/DMCC please feel free to contact me. Thank you

Posted by Winston Wambua, Senior Business Consultant

For more information about Company Formation or inquiry you can contact me on

Tel + 97155 3350517

E mail Winstonk@live.com

Skype Winston.Wambua

Why Dubai, to set up a company or business set up

Lots reasons to choose to set up or expand your Business in Dubai (UAE) and reasons why Dubai still remains by far the number one business location in the Middle East. Dubai has always managed to stabilise itself financially and is starting to show signs of a very strong recovery. There is numerous reasons for this and none more forceful than the economic diversity of Dubai. The fact is that many years before the real estate boom, Dubai was still a very well-built and growing economy and was already the worldwide hub of the Middle East.

Dubai’s power industries include Shipping, Tourism, Media, IT, Retail, Exhibitions, General Trade, Gold & Diamond Trade & Banking as well as being one of the world’s major travel hubs. Where else can you think of that has such a strong business base for such a relatively small kingdom?

since Europe and the USA bed down for what looks like could be a long and drawn out period of low economic growth, high idleness and government financial plan cuts, Dubai looks more and more like the place to explore double digit growth. With easy geographical access to the tiger economies of the East and completely placed to access the growth and cash rich economies of the gulf as well as being by far the majority live able place in the Middle East and with no tax, low rents, a free lifestyle and great weather, Dubai makes the great choice.

Posted by Winston Wambua, Senior Business Consultant

For more information about Company Formation or inquiry you can contact me on

Tel + 97155 3350517

E mail Winstonk@live.com

Skype Winston.Wambua

General Information about Business Registration in Dubai

General Information about Business Registration in Dubai

while establishing any business in Dubai, in order to meet the legal requirements of all concerned government authorities and to guarantee maximum commercial benefit for the business owner
 

Determine, in the beginning, the category/categories (commercial, industrial and/or professional) and type of business activity/activities to be practiced. Please determine all the related business activities that can be included within each business license, subject to a maximum of ten activities per license.

Determine the appropriate business legal form for your business taking into consideration

the desired business activity/activities  and the number and nationalities of the business owners.  

Submit an application for an Initial Approval and registering the trade name,

After getting the Initial Approval you can lease premises and contact the counter of the Planning Department of Dubai Municipality in order to verify that this said premise is suitable for the business.   

Prepare all required documents and submit an application to the Department or one of its external branches for paying the required fees to obtain a final license.

Submit an application to one of the Department external branches for a signboard permit for a business trade name as  required by the economic regulations.

Posted by Winston Wambua, Senior Business Consultant

For more information about Company Formation or inquiry you can contact me on

Tel + 97155 3350517

E mail Winstonk@live.com

Skype Winston.Wambua

DUBAI FEASIBILITY STUDY ON INCORPORATION OF A BUSINESS

DUBAI FEASIBILITY STUDY ON INCORPORATION OF A BUSINESS

Feasibility Study The basic objective of a feasibility study is to  find out the strength and weakness of the existing business or

a proposed ventures, Find out the opportunities and threats as presented by environment, the resources required and the prospect

for success. Basically it is a SWOT analysis of the business to judge the cost required and value to be attained.


Why do you need to do Feasibility study before setting up a business in Dubai or other places?

The basic objective of a feasibility study is to find out the strength and weakness of the existing business or proposed ventures,

find out the opportunities and threats as presented by environment, the resources required and the prospect for success.

Basically it is a SWOT analysis of the business to judge the cost required and value to be attained.

Why do need to do feasibility study before setting up a business?

A well designed feasibility study should provide the following basic information.

•         Historical background of project or business

•         Description of the product or service

•         Accounting statements

•         Details of operations and Management

•         Marketing Research and Policies

•         Financial Data.

•         Legal Requirements and Tax Obligations.

Generally it provides technical development and Project Implementation.

Posted by Winston Wambua, Senior Business Consultant

For more information about Company Formation or inquiry you can contact me on

Tel + 97155 3350517

E mail Winstonk@live.com

Skype Winston.Wambua

Dubai Business Set Up Introduction

Setting Up Business in Dubai

During setting up organization in Dubai, there are things that you need to consider and have a look at. Though the process  and requirements are easy, it is better to have a look through the requirements I will mention below and on my future post when setting up in Dubai or other Status in the UAE.

When setting up a business within Dubai, the business entity used must fall within one of the 7 business categories stipulated in Federal Law no 8 of 1984 Concerning Commercial Companies (as amended by the Federal Law no 15 of 1998) (the Companies Law).

Moreover, a trade license must be obtained from the Dubai Department of Economic Development (the DED) prior to the entity commencing commercial activities. Some business sectors may also require further approval from various ministries and/or other authorities. Certain commercial activities are restricted to UAE nationals or companies fully owned by UAE nationals.

Posted by Winston Wambua, Senior Business Consultant

For more information about Company Formation or inquiry you can contact me on

Tel + 97155 3350517
E mail Winstonk@live.com
Skype Winston.Wambua

Introduction of Business in Dubai

The Most basic requirement for all business activity in Dubai is one of the following three categories of licence:

• Commercial licenses covering all kinds of trading activity in Dubai ;

• Professional licenses covering professions, services, craftsmen and artisans in Dubai

• Industrial licenses for establishing industrial or manufacturing activity in Dubai .

These licenses are all issued by the Dubai Economic Department. However, licences for some categories of business require approval from certain ministries and other authorities: for example, banks and financial institutions from the Central Bank of the UAE; insurance companies and related agencies from the Ministry of Economy and Commerce; manufacturing from the Ministry of Finance and Industry; and pharmaceutical and medical products from the Ministry of Health.

More detailed procedures apply to businesses engaged in oil or gas production and related industries.

Practicing some trade activities (e.g. jewellery and insurance) requires the submission of a financial guarantee issued by a bank operating in Dubai.

In general, all commercial and industrial businesses in Dubai should be registered with the Dubai Chamber of Commerce and Industry.

Fifty-one per cent (51 %) participation by UAE nationals is the general requirement for all Dubai-established companies except:

• Where the law requires 100% local ownership;
• In the  JAFZA(Jebel Ali Free Zone)  DIC(Dubai Internet City) Dubai Airport Free Zone,Dubai Media City or the  (DIFC) Dubai International Finacial Center  
• In activities open to 100% AGCC (Gulf Cooperation Council) ownership;
• Where wholly owned AGCC companies enter into partnership with UAE nationals;
• In respect of foreign companies registering branches or a representative office in Dubai;
• In professional or artisan companies where 100% foreign ownership is permitted.

Posted by winston wambua , Senior Business Consultant at Adam Consulting

For more information about companyformation or inquiry you can contact me on

Tel + 97155 3350517

E mail winstonk@live.com