Four essential requirements suggested for incorporation of company in Dubai

Are you looking for the expansion of your business to Dubai ? Entrepreneurs and business owners today are seriously considering expansion to Dubai for better business opportunities awaiting and to explore and reap the benefits. Dubai today is not just about oil industry, but for travel and service industry as well as tourist destination and therefore many corporates from different parts of the world prefer to have their business hub and presence here. If you are planning to expand your business to Dubai you must ensure that you have the right partner on the board to get business registered. Apart from several legal procedures pertaining to the business registration in Dubai, there are also certain matters to concentrate from your personal front. These elements would help to ensure the floatation and related matters of the proposed venture has completed all legal and other legislative procedures.

• Finance

When you incorporate your business in Dubai you have to be certain with the mobilization of fund requirements and prospective paperwork and related procedures. Even though Dubai has the latest and prompt communication resources, initial planning of fundamental aspects relating to the proposed business set up is very crucial. There are various banks to help investors for opening new business accounts; but these banks may not grant you business loans and finances. At this juncture, you have to recognize appropriate bankers assuring smooth functioning of business finance.

• Business Consultant

Dubai has a sound and consistent set of rules prevailing and this has to be pursued strictly to finalise the incorporation procedures. If you are not much familiar with Dubai legislations and other matters, it is always better and desirable that you select someone with knowledge and expertise as helping hand to proceed with company incorporation. Also, selected consultants can assist you to implement with some bright ideas and advices in a beneficial way.

Dubai has a set of user friendly bye laws towards business incorporation and you need to be clear on every single terms and conditions. Business consultants and experts are well aware of the business scenario taking place in the UAE from time to time and they can assist you wisely according to your plans and strategies including the proposed deadline you have in your mind about the subject without any hassles. This would help all investors to complete the entire incorporation procedures in time and as per their plans. Also, the valuable time of the investors could be utilized towards the visionary aspects to improve the business proposed in the country.

• Proper Documentation and License

Like any other country, Dubai also has a sound system of administrative procedures pertaining to business incorporation. While there are many advantages when registering your business in Dubai but to get started, you need to go through a set of proper documents and licenses. There are many things that you need to ponder before you register your business in Dubai.

This includes preparing and organizing the required documents, submission of these documents with the Authorities for their perusal and approvals. If these documentation are not submitted properly to the Authorities the incorporation would be a time consuming process. Also, availing license is essential to start the operations of proposed business in the country. As your service provider, the business consultant would look after these matters and accommodate you with all the support that you need to register your business. Also, they would update you with the latest rules and regulations prevailing in the country pertaining to your suggested incorporation.

• Local Sponsor

There are many types of company incorporations permitted in Dubai according to the utilization of market and other factors. Among these, the most important type of company incorporation is Limited Liability Company in the Mainland which permits the penetration of local UAE market including free import/export of the product suggested. When you plan to register your business in Dubai mainland, you should look for a local sponsor having 51% stake in your business. Although, this sounds uncomfortable, most of the companies pursue this under the stipulation, you would get the entire freedom to operate and administer your business without any interruption. Also you can have the option to conduct business without hiring a local sponsor in the Free Zones where you concentrate the international market without having presence locally.

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Varun R Chandra

07:38 25 Apr 21

HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.

Giuseppe Assi

06:20 31 Jan 21

I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more

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16:16 28 Jun 20

Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more

218141 JOSEPH THOMAS

16:20 23 Jun 20

Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more

PMI

07:14 23 Jun 20

In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more

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08:28 21 Jun 20

Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more

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18:17 06 Jun 20

High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more

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08:07 05 Jun 20

We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more

ROY ROSHAN VIVIAN

06:32 04 Jun 20

Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more

Basil Daniells

05:55 03 Jun 20

I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more

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19:28 02 Jun 20

Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more

Radz de Jesus

16:03 02 Jun 20

We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more

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