Frequently Asked Questions :
In U.A.E :
What type of UAE companies can I start?
The UAE offers company formation options in the free zone, mainland, or offshore. Establishing a business on the UAE mainland requires a local sponsor, and the license is issued by the Department of Economic Development (DED). Free zone companies can operate within specific geographical areas, with licenses provided by the respective free zone authority. Offshore businesses in the UAE enable companies to trade internationally and protect wealth and assets, receiving a certificate of incorporation instead of a trade license. The UAE permits the establishment of various company types, with the Economic Department allowing over a thousand activities.
What are the documents required to establish a company in Dubai?
- Issuance of the license
- Establishment card
- Obtaining a temporary work visa”
How long does it take to establish a company in Dubai?
From 20 to 30 days.”
How to renew my business license in the mainland?
To renew your Dubai commercial license, you must submit the DED-registered certificate along with the necessary approvals from the Ministry of Economy and the National Media Council. For renewing a Dubai trade license, a valid Ejari certificate and other lease agreements are required.
A&A Associate assists entrepreneurs in obtaining and renewing their business licenses in Dubai promptly and efficiently.
What kind of company structure should I choose?
Your choice of company structure should be based on your business needs and objectives. You can establish your company as a Sole Establishment (similar to a Sole Proprietorship), a Limited Liability Partnership (LLP), a Limited Liability Company (LLC), a Private Limited Company, or a Professional Services Company.
Additionally, you can choose to set up your business on the mainland, in a free zone (where only LLC structures are allowed), or offshore.
In The Sultanate of Oman :
What are the documents required to establish a company in the Sultanate of Oman?
“To register companies in Oman, all you have to do is choose the company’s activities and the company’s grade. The options include:
- An excellent grade company requires a capital of 250,000 Omani Rials.
- A first-grade company requires a capital of 150,000 Omani Rials.
- A third-grade company requires a capital of 20,000 Omani Rials.
- A fourth-grade company requires a capital ranging from 10,000 to 20,000 Omani Rials.”
How long does it take to establish a company in The Sultanate of Oman?
From 7 to 10 days.
Is it a must to be physically present in the country when setting up your business in the UAE or the Sultanate of Oman?
Yes it is a must. It allows for direct interaction with local authorities, a better understanding of the business environment, and the opportunity to handle documents and formalities more efficiently. Additionally, some processes, like opening a bank account or signing legal documents, may require your physical presence.