Investors and business personals are trying to form a company in Dubai. But it is not easy to set up a company in Dubai mainland without the help of a business consultancy. Hence, EBMS being one of the most trusted business consultancy agencies in Dubai gives a short guide on how to set up a company in Dubai.
EBMS explains the need for a local sponsor for setting up a company in Dubai Mainland. A local sponsor being a UAE citizen will act as a service agent for your business. Agreements mentioning responsibilities and annual rates must be properly mentioned. EBMS also mentions that a certificate of no objection must also be obtained by the local sponsor.
EBMS helps in making a Memorandum of Association (MOA) for their clients. They explain that it is a mandatory document that contains the list of fundamental conditions on which any company will operate. The Department of Economic Development (DED) provides preliminary approval for the company by notarizing the MOA.
EBMS guides their clients in choosing the name of their business and helps them in getting it registered in the DED. There are certain limitations on the name and hence EBMS will guide you through. The name should be unique and distinct or else it will be rejected by DED. EBMS also mentions that it is important for the clients to arrange their office space while applying for a business license. It also depends on whether the clients are registering as an offshore or onshore Company. Dubai mainland needs proof of address for acquiring a license.
Experts at EBMS have deep knowledge about the whole registration process for company set up in Dubai. They have a well-maintained website on which you can find links to their services. Reach them if you require a business consultant in UAE.
Visit our website: https://www.ebmsbusiness.com/dubai-mainland-business-activities/
