No, an NOC is not required when setting up your company and obtaining a trade license. However, if your business requires incorporation in a certain jurisdiction, our company formation experts can guide you on all the incorporation requirements.
Whilst this could be a requirement by certain jurisdictions in the UAE, paid-up share capital is not required at the time of incorporation. At Decisive Zone, our team of experts can guide you on the most suitable setup option.
An offshore company is a legal entity incorporated with the intention of operating and executing business outside the UAE. Whilst offshore companies are permitted to open a bank account in the UAE, they are not able to issue visas under the company or have a physical office within the UAE.
The National Media Council (NMC) is the permit/ license issuing authority for all media related activities or initiatives in the UAE. Any social media influencer making money online through blogs, vlogs, posts and articles need to apply for the permit/license. Book a free consultation with our team of experts to understand the process in more detail.
A freelance permit is ideal for sole practitioners looking to individually work as freelancers without hiring employees or leasing an office space. The permit is issued under an individual’s name and can only facilitate opening a personal bank account. Freelancers are also restricted to a particular area of operation. Get in touch with us today to learn more.
When setting up a cleaning company in the UAE, the type of cleaning service has to be identified as either an Industrial Cleaning Company, Commercial Cleaning Company, or Residential Cleaning Company. Once the activity is identified, our team of experts will look to further understand your business plan and advise you of the best setup option. Book your free consultation today and get the right advice from our team of experts!
You can combine multiple activities under the same trade license. At Decisive Zone our team of experts work to understand your requirements and guide you on the best setup option.
Yes. At Decisive Zone we have strong relationships with many banks who can provide you with a hassle-free process for acquiring a corporate bank account.
The Department of Economic Development (DED) is the regulatory authority for issuing a mainland license in the UAE. A mainland license, also referred to as an onshore license, gives you the flexibility to operate inside of the UAE and outside of the UAE without any limitations. Each free zone jurisdiction has a specific list of activities which can only be operated within the creating free zone or outside of the UAE. There are certain limitations to a free zone company which varies from free zone to free zone. An offshore company is a legal entity incorporated with the intention of operating and executing business outside the UAE. Offshore companies are permitted to open a bank account in the UAE, however, they cannot issue visas or have a physical office space within the UAE.
When setting up a company, it’s ideal to provide 3 company names in order of preference. At Decisive Zone, we confirm name availability and name reservation within 1 working day.
E-Channel, a.k.a Tahaluf System Registration, was implemented to streamline immigration processes. It’s mandatory for licenses with visa eligibility in the majority of the northern emirates and consists of a refundable deposit along with a registration and annual renewal fee.
Depending on the type of activity, a mainland license is accompanied with a local/ corporate service agent and an individual local/ corporate sponsorship. At Decisive Zone, our team of experts can brief you further on the mainland setup.
Yes, of course you can! A mainland company can be owned 100% by an expatriate shareholder. However, please note it’s subject to the type of business activity under your license. At Decisive Zone our company formation experts will guide you on the most suitable setup option based on your unique requirements..
At Decisive Zone, we understand that each business is different, so we identify the right jurisdiction for your company based on the nature of your business. Each jurisdiction has its own advantages and disadvantages. Our team of business setup experts help you choose the right one to help ensure its success.
The Department of Economic Development (DED) is the regulatory authority for issuing mainland licenses in the UAE. In order to proceed, the type of legal entity is identified, which can either be a Sole Establishment / Civil Company (involving a local agent) or a Limited Liability Company (involving a local sponsor). At Decisive Zone, our team of experts will guide you towards the most suitable option based on your business plan. Once this is done, you can proceed with the following steps:
- Step 1: Trade name reservation
- Step 2: Initial approval
- Step 3: Memorandum of Association and Articles signing at Dubai Courts
- Step 4: Assisting with the restaurant space, fit outs and Dubai
- Municipality approvals
- Step 5: Issuing the final Trade License
With an extensive experience of forming mainland companies, our team of expert PROs can assist you with any type of mainland approval. Book a free appointment with our team to understand the process better.