You are on route to setting up your business in the fastest-growing economy!
Have you been thinking about setting up your business in one of the fastest-growing economies in the world?
Whether you’re living in the U.A.E. or new here, there endless reasons to begin transforming your dream into a reality. As a superiorly connected business magnet, located in the epicentre of the GCC Countries, Asia and Europe, U.A.E. offers unparalleled access to the world’s fastest-growing economies.
Setting up a business in the U.A.E. requires multiple touch-points, paperwork and processes to ensure you are setting up the right way – usually involving the complexities of company registration, licensing, VAT compliance, insurances, immigration-related paperwork and so much more.
With the right kind of assistance, providers and guidance, setting up is simply a breeze.
Begin by selecting your business activity, legal name, business jurisdiction and determining the company structure, whether it is a mainland, free zone or offshore registration and license.
The following step would be find your local sponsor (if applicable) and then apply for a resident visa, Emirates ID, labor permits, and any other immigration-related services for your employees.
The next step would be to open a business bank account. After you have registered your business and received your license, visit a bank of your choice and set up your corporate account.
Safeguard your business, employees, premises and assets by being fully insured. We advise you to consider insurances such as worker’s compensation, personal accident, health insurance, property and travel insurance.
COMING SOON
Get VAT Compliant
Now that you have the foundations covered, the next step would be to ensure your business is thoroughly VAT compliant with your returns being filed religiously as per the financial year. Secure a certified VAT consultancy or advisor for your business.