How to start your business in the UAE.
Tips on how to obtain a busines license to kickstart your future in the UAE.
Basic documents for obtaining a business license in Dubai.
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Passport copies of all partners
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Visa page (tourist visa page copy, entry stamp /if resident, resident visa page)
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If customer is a resident, NOC from current sponsor (if the partner has a free zone visa then the NOC should be attained from the free zone.
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Emirates ID copy
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Company Profile
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PROCEDURE
STAGE 1 – LICENSE FORMATION ( 3 TO 6 WORKING DAYS)
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STAGE 2 – IMMIGRATION CARD ( 2 WORKING DAYS)
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STAGE 3 – PARTNER VISA (6 to 8 WORKING DAYS MIN APPROX) (DEPENDING UPON IMMIGRATION APPROVAL)
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VISA ISSUANCE
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CHANGE STATUS
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MEDICAL TEST
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EMIRATES ID APPLICATION
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VISA STAMPING
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Every mainland license has got the eligibility of max 2 partners visa where incase of more partners & residence is requested, employment visa has to be applied from the 3rd partner and so forth.
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For security purposes, shareholders may undergo a background check while applying for license as well as applying for their residency visas. Approval & rejection depends upon the government authority, however , IBS will ensure to obtain all approvals in a smooth manner.
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100 % of ownership belongs to you in Dubai Mainland.
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You should have an office space before applying for labor card as ministry of labor will may visit for random compliance inspection. The number of quotas depends upon the ministry of labor.
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License has to be renewed every year. Partner visa is valid for 3 year whereas employment visa is valid for 2 years.
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Dependent visas cost approximately 5500 AED where when you apply they will ask for residency EJARI copy.
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Import\Export code has to be taken from Dubai customs once the trade license is issued which will cost you 400 AED approx..
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Once the visa is stamped you can apply for bank account.
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If it’s a completely new brand to UAE market you have to do the product registration.
Commercial License
OUR ROLE
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Submitting the application to the Department of Economic Development (DED) and acquiring the initial trade name and activity approvals from the department.
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Creating and submitting the application and obtaining the necessary approval from all government entities if required.
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Drafting the MOA(Memorandum of Association) in accordance with the regulations of the UAE. (This can depend on the license type)
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Notarization of the MOA before the Notary Public, Dubai.
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Liaison with various government authorities from to obtain the initial approvals until the commercial or professional license is issued by the Dubai Economic Department.
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Obtaining the Establishment card of the company from the Dubai Immigration department.
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Assisting on Obtaining Labor Registration of the company in MOHRE( Ministry of Human Resource and Emiratization department.) (Government fee for the same will be applicable.)
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Completion of all PRO services for obtaining visa of owner/partner/employee under the company.
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Providing assistance in the medical application, Emirates ID application form for the owner/partner/employee of the company.
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Assisting on opening bank account of the company.
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Assisting on opening visa quota, work permits, labor contract etc.
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Assisting on closure of the company
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Assistance in acquiring office space.
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Free VAT Registration if required
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Free VAT consultation.
Why get started with IBS?
Services on time
We aim to make our services as quick as humanly possible, we have a track record of getting things done on time
One-stop solution
Unlike other companies, you can access all varieties of services in all sectors to cater to your needs.
Special approvals
We understand that not everybody has the same requirements and that in some cases it maybe that you would require approvals for certain circumstances.