Benefits of company formation in UAE

The UAE comprises of seven independent regions known as berth. Each place is unique in its features and provides a  good  place for business. Let’s have a look at the various benefits associated with the company formation in Dubai:

It is also known as a global trade hub where the average tariff entering rate is 5% for goods, but the company is surrounded by free zones that offer incentives like tax and duty exemptions.

The location is really admirable on the new southern silk Road between Asia, Europe and Africa, provides the wonderful trading conditions. The different countries and regions that are in constant business relations with the Dubai are:

China, India, Latin America and Western countries (use Dubai as a hub for the Middle East). Most goods and items which is being imported to the Dubai pays low import duties. The companies are required to pay no corporate and personal taxes and enjoy 100% return of profit and capital.

The UAE has signed the double taxation agreements with many countries across the world in order to avoid the  double taxation of foreign companies. They also provide high level infrastructure. The rapid growth in the economy of Dubai has a massive effect in the construction of residential, tourism, and commercial facilities across the country.

Requirements to open a company in Dubai

Well, setting up a company in Dubai is not so easy. The foreign investors must have to look out on some points:

-Minimum share capital needs, shareholding structure, and the business licensing need. The market law does not require a Dubai limited liability company to submit a minimum share capital before registration. That’s why the stocks will decide the amount they require to help them reach their goals.

There are different types of share capital requirements depend on the business they will deal with for joint- stock companies:

-Public companies will need a minimum share capital of 10 million AED,
-Insurance and investment company will need a minimum share capital of 25 million AED,
-Financial institutions will need a minimum share capital of 40 million AED.

Here comes the other point about licenses regarding the company formation in Dubai and those licenses are issued by the Dubai chamber of commerce  industry and those licenses are : commercial licenses, industrial licenses, professional licenses.

Our company formation agents in Dubai will help foreign entrepreneurs and investors for the business license applications. In most cases, the Dubai company formation law requires a foreign investor to have a local partner who will own the majority interest. The only places investors may incorporate fully are the Dubai free zones.

Patent Registration- Protection of Your Business

Patent registration in UAE provides you the patentability of your business, products or services. It also allows selecting a patent design and other services like brand registration, trademark registration, business registration and most important the copyright of your business. If you are not able to create your own copyright of your business them might be you  are going to  lose your business as many competitors in market seeks  to hunt a well reputed business man along with their market stocks.

Now a patent registered  in Dubai includes several laws like the patent protection period will be 20 years, 4-5 years will be taken to grant from  form filling. The Novelty will be absolute and there  will be conventional priority. The annuity payment requires one year from the filing date and can be deposited any time before the due date. As we are talking about Dubai then the documents, specifications, drawings, abstract should be translated into Arabic language if they are in English language.

Well, patent plays an effective role in providing right to his own innovations and is a lengthy and cumbersome process. For patent registration in Dubai the inventions must be used and  produced.

Your application might get rejected if you provide them subject matter and non-compliance with formalities. Once you file the patent application in Dubai then you can’t get a patent in any other countries based on this, you have to file a particular patent application for each country where you want to establish your business.

Business Formation in Dubai -The Great Idea Behind Company Formation

Everyone businessman now a day’s want to setup businesses in Dubai because of only one reason that is big hub for the companies to earn more profits. Setting businesses here the companies not only earn the profit but they also can handle the businesses located in other regions across the world.

Thus business formation in Dubai is much more beneficial for every businessman. Also the company owners also must do take care of something before setting up business in Dubai such as such as wide research on company regions and how to function it. They must have appropriate working plan including market place solutions, the solutions and forecast results.

The company owner must also be prepared for the investment so that can arrange investors which are very necessary part to form company in Dubai regions. The investment knowledge is much more necessary for those who are new to Dubai region.

The law needs to have a home associate to hold the majority of interest and can therefore control the business setup and in case of self employment there are different ways to reward a business. Thus company formation in Dubai free zone is beneficial but not so much easy.