Dubai Company Formation: Making The Most Of New Options

7/31/2019 Dubai Company Formation: Making The Most Of New Options

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BEST WAY TOSTART UP A

BUSINESS

OVERSEASLearn how to effectively establish a company

outside your comfort zone

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Copyright 2012
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B e s t W a y T o S t a r t U p A B u s i n e s s O v e r s e a s | 2

TABLE OF CONTENTS

3 Company Formation Services Can Help You

With Business Setup In Dubai

Dubai Company Formation Making The 6

Most Of New Opportunities

9 Expand Your Business Through Company

Formation In UAE

A New Vision For Your Business Through 12

Company Formation Qatar

15 Foreign Investments Made Better By

Drawing On The Expertise Of A Company

Formation Abu Dhabi Specialist


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Company Formation

Services Can Help You With

Business Setup In Dubai

If you are planning on starting your own

business in Dubai, there are so many

steps that you have to accomplish. You

can start by writing a business plan

which is a plan that acts as the

blueprint for building your business. This step alone is often a rigorous process

where you have to carefully write down the executive summary and overview of

your company, as well as the kind of business

that you are offering and how you plan on

marketing and managing your product, among

others.

Whats even more daunting about starting a

business is the fact that the hard work doesnt

stop with creating a detailed plan. In addition to

writing down your plans, you have to decide on

the legal structure that your company will use,
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and where you will set up your office. You also have to learn how to pitch your

idea to investors, and even how to hire your employees. There are so many things

that you have to keep in mind, and somehow, its easy to get lost in all your

responsibilities.

However, you dont have to do all this by

yourself. There are certain companies that

offer services to help aspiring entrepreneurs

with their plans onbusiness setup in Dubai.

Company formation specialists can help you

in all steps of the set up process, right from

the moment you start planning and even

after youve successfully established your

company.

Company formation specialists provide all sorts of services to help you get started

with your own entrepreneurial endeavours. For those still in the planning stage,

you can avail of consulting services to help you decide on some key factors that

you should include in your business. Company formation consultants can give you

valuable advice as to what business model you should consider, as well as the

necessary legal structures that you can employ in your company.
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Besides providing relevant advice and good guidance

through consultations, company formation

specialists can also help you streamline the

construction of crucial business components. These

relevant entities include branch offices and

representative offices. In addition to helping with

your business setup in Dubai, these specialists can

also help you get all the necessary licenses as well as

assist you in fulfilling all the requirements that

the country necessitates for you to start

operations. For instance, if you are employing

personnel from foreign countries, your company

needs to be registered with the Ministry of

Labour and Department of Immigration.

Moreover, you will also need a trade license for

you to proceed with your plans.

Once your company has accomplished all the legal requisites in its area of

operation, company formation specialists can also help with other smaller but

necessary transactions such as processing visas and even getting power of

attorney for cases when you need someone else to act on your behalf.
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These are but some of the services that company formation consultants can

provide for those who are planning on abusiness setup in Dubai. From planning

your business to choosing office locations, from applying for business licenses to

simply renewing employee visas, you can be assured that you will get all the

assistance you will need for your business to succeed.

Dubai Company Formation: Making The Most Of New

Opportunities

Never schedule business meetings on a Friday. When a client mentions having

drinks, it normally means taking tea or coffee; drinking alcohol can only be done

in hotels. Follow the lead of your host when it comes to shaking his hands. These

are just about the extent of your knowledge when it comes to doing business in

Dubai. But as your trips to the emerging mega city increase in frequency, youve

begun to entertain the possibility of actually establishing an overseas office.
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However, being aware of highly

particular business etiquette

and dealing with the intricate

process of Dubai company

formation are entirely two

different things.

Dubai is an astonishingly modern and progressive city. Contrary to popular belief,

the emirate has a very diverse economy and only a small percentage of that

comes from the oil industry 30 percent according to Fodors Travel Intelligence

actually. In 2010, 8.6 milliona 10 percent increase from the year before

according to tourism officialstourists came through Dubais international airport

to not only marvel at the emirates impressive skyscrapers but to indulge in the

many luxurious, exceptional endeavours. From lavish dining to electrifying sand

bashing, from putting on exceptional golf courses to weather-defying indoor ski

runs, Dubai is a city filled with many opportunities.

Clearly, Dubais thriving economy is an alluring motivation for you to establish an

overseas company. You have your business plan drafted, youve done the

research, and youve got the financials to back it up. But just as you would

prepare heavily for every meeting you have with Emiratis (or with any foreign

investors really), so should you get organized exhaustively to ensure that you

develop your company according to the rules set by Dubai. You cant leave
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anything to chance particularly with a volatile global economy. You need the

expertise of a consulting company that has the experience and a brilliant

understanding of building a business in Dubai.

Company formation specialists have the proper

resources to deal with a wide range of corporate

services that allow your company to be built from

the ground up and even after its establishment.

From handling trade licenses and registration to

assisting with visas and company immigration card,

from recommending the appropriate ISO-level

systems for your logistical, health and safety, or financial concerns to providing

fully-serviced, state-of-the-art offices, a company formation specialist can

organize, manage, and offer impeccable corporate support for your company.

By 2018, tourism officials predict 15 million tourists will visit, spend time and

money, and be awe-struck by the many attractions in Dubai. Its the new land of

opportunities. As a sharp businessman, you would do well to make the most of

such prospects. Whether youre in finance, retail, tourism, or any other industry,

your Dubai company formationin the hands of expert and experienced

specialistswill yield positively lucrative results.
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Expand Your Business Through Company Formation In

UAE

In business, as well as in life, you need to keep forging ahead, to continually

evolve so as not to wither away and die. A company doesnt merely stop when it

hits the billion-dollar mark in earnings or when it gets to ring the bell at the stock

exchange for when it finally opens for IPO (Initial Public Offering). It is inherent in

any successful business to expand and when your company is on the threshold of

enormous corporate accomplishments, youll want to look at your options for

overseas presence in order to compete with an ever-increasing global market.

Can an expansion through

company formation in UAE

produce profitable results?

As EU nations struggle with

austerity programs and other

countries cope with a wobbly job

market and a precarious

economy, Bloomberg reports that

the United Arab Emirates (UAE) is
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expected to see higher levels of growth in 2012.

While the IMFs forecast states a 2.5 percent

growth, UAEs Minister of Economy Sultan al-

Mansouri estimates a 4 percent spike. In fact, the

minister reports that in spite of a global economic

meltdown, listed companies in the UAE have

recovered and done well, particularly the finance

sector. Banking reported a 30 percent increase, the services sector experienced a

3 percent spike, and the energy sector

reported a 7 percent growth.

Indeed, UAEs economy is on a steady

growth. Whatever industry your companys

in, theres a great chance youll be able to

maintain profits in this modern country. Of

course, there is a stark difference between doing business in the UAE with doing

business in the country youre currently in, so youll need expert assistance from a

company formation specialist.

A company formation specialist can take

your business plans from paper to reality.

With direct access to government

departments and ministries, a company
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formation specialist can sufficiently address your concerns for professional

documents that include visas, company immigration card, Emirates ID cards, and

even driving licenses. When youre in the business of commercial trading, the

wide ranging services of a company formation expert can offer local partner

service a UAE legal requirement for any business engaged in commercial trade.

If your company isnt quite ready to make a commitment with a fully established

overseas office, you can always consult with the company formation expert about

creating an Unincorporated Association Agreement (UAA), which will allow your

business to sort of test out your business in the UAE.

The average business might take stock of the current economic climate and come

up with a discouraging, if not bleak, outlook. But the visionary business considers

the vastness of the market and sees the instability as an opportunity instead to

broaden its prospects. When youve finally reached a decision to expand your

business throughcompany formation in UAE, guarantee encouraging results with

the expert support of a business formation specialist.
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A New Vision For Your Business Through Company

Formation Qatar

Another future city is emerging out of the Middle East and for several years now,

it has accelerated developments that have allowed it to become one of the most

viable, profitable regions. Qatar envisions a future as a major player in the global

market. This little region that couldhaving survived near-bankruptcy 21 years

agonot only has the worlds third largest oil reserve, its recent developments

have made it ideal for world economic summits and just recently, a major

sporting location.

Having snagged the rights to hold the World Cup, officials in Qatar say its exactly

the right time to come to the region. With an impressive portfolio of events,

accelerated expansion of facilities, and growth in every industry, your business

might have a place in this fast-growing economy. Perhaps its the perfect time to

put your investment towardscompany formation Qatarspecialists can manage.
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A business formation expert can handle all your

requirements for establishing a company in Qatar,

whether its a Limited Liability Company (LLC) or an

Article 68 Company (a Qatari shareholding company

with government participation corporate structure).

Much like setting-up a company in any Middle East region, there are very

particular restrictions, differences, and requirements every business needs to

fulfil before becoming operational. A company formation specialist, with its

decades of experience, network of experts, and direct contact with government

departments and agencies, can take your business plans from concept to reality.

Whatever industry youre engaged intravel, finance, retail, IT, and others

youll need professional documentation to legitimize your business in Qatar.

These documents might include commercial registration, company labour and
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immigration cards that your company needs to hire and sponsor personnel, the

reportedly difficult to acquire trade license, and other pertinent paperwork and

registrations necessary for your business to operate without any hindrances and

according to Qatar laws.

If youre unsure about establishing a permanent

business in Qatar but you still wish to maintain a

more substantial albeit brief presence, a

business formation expert can and will design a

bespoke management and partner service that

may include the construction of a Special

Purpose Entity (SPE) or Special Purpose Vehicle,

which will allow your company to conduct

temporary projects in the region.

With its privileged and rich standard of living, there are plenty of opportunities for

investment in Qatar. According to a Meryll Lynch World Health Report in 2011,

Qatars millionaires climbed by 10 percent and their wealth by 13 percent. It is no

wonder then that Barclays, Britains second biggest bank, is stepping up its

investment in the region and forecasting revenue growth by as much as 25

percent.
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Qatars rapid development is creating lucrative prospects for many businesses

both local and foreign. By seeking the expertise of company formation Qatar

specialists, the small yet crucial matters of handling the paperwork and legal

aspects of establishing your business will be taken care of, while you focus solely

on creating a vision that will ensure favourable results for the future.

Foreign Investments

Made Better By

Drawing On The

Expertise Of A

Company Formation

Abu Dhabi Specialist

Greek stocks are hitting a 20-year

low and Spanish stocks are at

their lowest level in nine years.

Its a gruelling time for business with the financial sector in particular as the stock

market sees a lot of red and a lot of arrows in disappointing descent. And just

recently, JP Morgans dreadful billion-dollar loss worried a lot of shareholders. As
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the European market struggles with an

unstable economy and the rest of the world is

still in a precarious state financially, youre

looking to find more encouraging places to

invest in so your company doesnt flounder.

Can your investment yield favourable results

with support from acompany formation Abu Dhabispecialist?

The United Arab Emirates (UAE), in comparison to

other nations, is actually doing better

economically. There is, in fact, a positive forecast

for every industry involved in the region. The

UAEs Minister of Economy Sultan al-Mansouri

reports that in spite of a troubling situation in the

global market, registered companies in the UAE

have bounced back and picked-up, specifically the finance sector. Banking is said

to have had a 30 percent increase, the services sector experienced a 3 percent

increase, and the energy sector reported a 7 percent spike. At the centre of this

rapidly growing economy is the thoroughly modern and remarkably vibrant city of

Abu Dhabi.
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Where foreign investments are concerned,

youre likely to encounter a range of restrictions,

some very particular requirements, and a host of

other considerations you might not know. This is

where a company formation specialist comes in.

When youve set a definite course towards

investing in Abu Dhabi, whether thats in the

form of proposing a professional partnership or establishing a branch office, an

expert company formation service provides a range of assistance and solutions

for your corporate needs.

This is especially crucial for an emerging

city like Abu Dhabi, which consistently

endeavours to expand and diversify

economic sectors and continually works to

create a legal system that creates a stable

and safe environment for investors like

you. Abu Dhabi is a government that

pursues reformist economic agenda by

systematically discarding procedural

inefficiencies and bureaucratic

impediments.
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A company formation service can manage all the necessary requirements you

need to fulfil in order to establish a legitimate business in Abu Dhabi. From

pertinent company registrations to other professional documents like visas and

company immigration cards, a company formation Abu Dhabi specialist can

manage and offer impeccable corporate support for your company so that your

investment can take full advantage of the many opportunities the city has to

offer.
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Documents

Dubai Company Formation: Making The Most Of New Options