Quickbizz Business Setup Services 23
Achieving a Mainland License for Company Business Setup allows foreigners to perform their business activities. However, it is crucial to keep in mind that for a company to be recognized legally in the UAE, a business must fulfill certain requirements. This includes having a space to allow for business and an entity that is local and is at least 50 percent of the Company’s shares. Furthermore, the Company must possess an official power of attorney from its home country attesting to its ability to do business with the UAE.
First, a license for business in Dubai is required to operate any business. It could be a commercial, industrial or agricultural license, as well as an occupational and professional license. More than two thousand different kinds of licenses cover only one business. You must satisfy certain conditions to obtain an official business permit in UAE. You must have enough funds to run your business operations in the UAE. After you’ve fulfilled these conditions, you’ll be eligible to obtain an official business permit.
The business world in Dubai and the UAE
Business licenses are an essential prerequisite for any business within the UAE. The license has to be approved by several government agencies. Making mistakes during the process could result in a significant amount of money and time. To avoid such mistakes, Company’s experts have extensive knowledge in this field and are in contact with the various government departments. They can complete all necessary license requirements without delay, which allows you to start your business promptly. Furthermore, you’ll have complete privacy and a minimum of reporting requirements.