The UAE is a booming business hub of the world. The government provides many attractive policies and facilities to nurture the growth of the business environment in the UAE. However, not having the proper vision for doing business makes the journey quite difficult.
In this post, A2Z Solutions, the best business management service provider in Abu Dhabi, will help you know the various steps in establishing a business in the UAE. Also, we help you learn how business management services make your journey simple. Here’s what you need to know:
1. Selecting the Correct Business Structure
The initial process of establishing a business in the UAE is choosing the proper business structure. The UAE has various business structures with specific legal requirements, advantages, and limitations. The most popular structures are LLCs, free zone companies, branch offices, and sole proprietorships.
How Business Management Services Can Help:
The UAE offers several business structures for doing business. However, it is not easy to choose one for your business. A2Z Solutions provides you with the best business management service to assist you in opting for a suitable business structure for your business.
2. Selecting a Business Activity
The second step is selecting the nature of your business activity. The UAE government has outlined various allowable business activities, and you must choose one that suits your business vision. This will determine your licensing needs and operational limitations.
How Business Management Services Can Help:
Business management service facilitates the process by handling documents, ensuring compliance with all legal requirements, and providing support for submitting applications to the concerned authorities.
3. Registering the Business and Obtaining Licenses
After you have determined your business activity and structure, the next thing to do is to obtain the relevant licenses. The license you need will be based on your business activity and location. The most popular licenses are commercial licenses, industrial licenses, professional licenses, tourism licenses, etc.
How Business Management Services Can Help:
The process is time-consuming as multiple government agencies are involved in giving licences. A2Z Solutions can facilitate the process by taking care of documents, ensuring compliance with all the legal requirements, and providing support for getting applications submitted to the concerned authorities.
4. Finding a Location
Location plays an important role in doing business. Although free zones have many benefits, they are subject to some regulations. On the other hand, on the mainland, you can do business in the UAE market without regulations as in the free zone.
How Business Management Services Can Help:
A2Z Solutions has in-depth knowledge of mainland and free zone locations and how to choose the most suitable one for your business.
5. A Corporate Bank Account
A corporate bank account is essential for your business in the UAE. The requirements of each bank are different. Generally, you must produce the business license, a copy of your passport or visa, and proof of address.
How Business Management Services Can Help:
Business management services can guide you through opening a corporate bank account by providing solid bank recommendations, helping you document, and checking that your business complies with all the required banking needs.
6. Visa and Employee Sponsorship
You must apply for employment visas to employ staff or move to the UAE to run the business. For international nationals, it entails obtaining a work visa for yourself and your staff and taking care of the mandatory medical tests, Emirates ID registration, and residency permits.
How Business Management Services Can Help:
Business management services help you to prepare paperwork and ensure that the application is filed appropriately. It also helps to speed up the visa process and thereby prevent delays.
Conclusion
UAE gives tremendous opportunities to nurture your business. Getting proper guidance from a professional business management service provider can unlock exciting start for your dream business.
A2Z Solution’s top business management services aim to assist you through each stage of the setup process to save your effort and time. With our professional help, you can develop your business in one of the world’s most exciting business hubs.
