To get a startup going in a foreign country one needs to know about all the legalities and the necessary documents and expenses which are necessary before there is a company formation in UAE. Most of the times there are a lot of entrepreneurs who know nothing about trade licensing. This is why they take the assistance of the professionals. These agencies boost the trade and also take care of tax, custom duties and a whole lot of other essential features. The services include a variety of elements which are an assorted set of both trading and immigration services with validated licenses from the local government. On the other hand company formation in UAE is a lot easier than what it used to be before. Now all the paperwork is done in no time without any hassle or other formalities. Other than that, attractive features are as follows for most of these agencies for company formation in UAE:-
- No advanced deposits whatsoever
- Profit is 99.9% of the total for the owner
- Trade license issued for foreigners in quick time
- Paperwork created to ensure that it is legitimate
- Registration is done online to ease every aspect of the trade relations
- Visas are readied from the beginning with a limit of up to 7 visas in a shared desk
- Locations are very accessible from the nearest airport
Apart from this, most of the work is done by the agencies themselves so one can relax and get all the amenities in a jiffy.There are also free zones which also affect the following aspects :-
- Determining the types of legal entities
- Trade name to be chosen
- Business license applications
- Vacant office spaces
- Business registration approvals
The different economic zones
The free zone also helps a lot when it comes to company formation in the UAE. The capital requirement includes a minimum of an average 10,000 AED which can be refunded once the trading is stopped. When it comes to the option of choosing trade names, trade names can be anything unless it is something that is prohibited by the local law. In order to make it clearer, there are certain suggestions given by these agencies to make it more feasible for your company formation in the UAE. The plus points are that the trade names are registered by these agencies and each name suggested by them is unique irrespective of your business. Make plagiarism improbable. The following sets of rules given by such agencies are:-
- The names should not violate the sentiments or morals of the country
- It should always be in accordance with the laws
- It should not be pre-recorded or pre-registered
- Should be always in sync with trade license offered
- The business should have some sort of similarity with the trade license
So you see how helpful these agencies can be for forming a company in the UAE. Find the right team today and start planning for your business venture abroad!