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Tuesday, September 27, 2011

Offshore Business Incorporation in Duabi

Setting up business in the UAE (comprising of seven emirates: Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah, Umm Al Quiwain, Fujairah & Ajman) and anywhere in the world, significantly depends on the rules & regulations, the business environment and the culture prevailing in the respective region. It is important that all related issues are identified, understood and dealt with effectively during the course of setting up the business. There are various ways of doing business in a new country, one of the ways is to set up a legal entity in the country you wish to operate in. This requires research on the new business environment and subsequent planning to set up the business, based on the research. Like a chess game, the success depends on decisive and correct opening moves. The key steps involved in setting up a business in a new location may be summarized as follows: Step - 1: Converting a concept / business idea into a workable proposition Action involved: A Pre Feasibility Study to evaluating the business idea / concept within a set of specified constraints and providing a clear path for converting it into a business proposition. Step - 2: Preparing for the Offshore Company Formation Action required: A detailed market research and feasibility study to convert the business concept and general information available into a working document to be used for operational reference, approvals and investment. Step - 3: Incorporating the business entity: Actions involved: Choosing appropriate legal structure of the businessChoosing location of the proposed venturePreparing the required documentation for registration of the entityCo-ordination with the relevant regulatory authorities for approvals and obtaining incorporation documentsObtaining office/land for the operationsProcessing visas, labour cards and other statutory documentsManaging the documentation and other regulatory requirements of the new entity till regular operations commenceRecruitment of personnel required for the new business Incorporating your business: The role we play… Apart from helping you conduct market research and feasibility studies, Advise on appropriate legal structure of the businessAdvise on location of the proposed ventureAssistance in preparing the required documentation for submissionCo-ordination with the free zone / government authorities for approvals and obtaining incorporation documentsAssistance in obtaining office/land in the free zones and in DubaiAssistance in processing visas and labour cards and immigration formalitiesSecretarial services for the new company till regular operations commenceReminder for renewal of licensesCo-ordination with the free zone / government authorities for renewal of the licenses MMCA delivers incorporation services that are unique in their comprehensive understanding of ground realities. We believe in building long-lasting relationships with our clients based on mutual trust and professional approach. Well-versed with UAE company incorporations, business registration and the UAE Commercial Companies Act, we have serviced and assisted over 500 incorporations in the UAE Free Trade Zones. Our team can help you achieve your business goals and provide you with the assurance and tranquility that you need! We love what we do and we take great pride in seeing our clients smiling when they deal with us. Our culture is built around a set of values that reward professional pride, focus on results, and openness. The range of our business registration and company incorporation services in the UAE is comprehensive yet flexible enough to tailor it to the specific needs of our clients. Contact for any assistance regarding the same: Faisal Ibrahim Mobile: 971 55 2419200 SME consultant A Division of Paralegal Services International Suite No. 11 & 12, The Iridium, Al Barsha, P.O.Box: 183827, Dubai, U.A.E. Fax: 971 4 341 9702 Mobile: 971 55 2419200 Email : faisal@adamadvisors.com Web: www.adamadvisors.com ISO 9001:2008 NO: ME/08/1147 Paralegal Services International trading as ADAM advisors

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