Business Setup
Establishment of Companies
United Arab Emirates, a hub for huge foreign investments for both offshore and onshore companies that engage in trading activities. Awatif Mohammad Shoqi Advocates & Legal Consultancy and Legal Consultants’ business setup team entailing Commercial Lawyers of Dubai are equipped with eminent expertise and qualified staff to handle the company registration procedure.
Our team of Company lawyers is also agents of the Jebel Ali Free Zone (JAFZA) and other significant free zones. Business setup practice at Awatif Mohammad Shoqi Advocates & Legal Consultancy is not an occasional practice as our team of expert Commercial Lawyers are abled in assisting clients throughout the whole process of business setup from preliminary application to opening bank accounts or drafting consolidated legal shareholders and other relevant agreements to providing office spaces.
In light of the UAE commercial companies laws, an foreign investor expecting to set up a Limited Liability Company in the UAE is needed to cooperate with a UAE local shareholder or a local sponsor. Creating this sponsorship is obligatory for all Limited Liability Companies, unless the company falls under the criteria of new Foreign Direct Investment Law and getting a reliable support may turn into a tough undertaking for first-time investors. Company Lawyers of Dubai comprehend this situation and offer satisfactory help and guidance for getting the most appropriate and solid local shareholder for your LLC business. We direct our customers on their business administrations in Dubai and UAE that contain organization arrangement, obtaining licenses, bookkeeping and accounting, utilizing our significant industry aptitude to help them take right choices rapidly and settle their most basic business issues.
Offshore Companies
Commercial Lawyer of Dubai believes that the main advantage of an offshore company is 100% ownership or not requiring a local sponsor and the right to own a real-estate located across the UAE. Our team of Company Lawyers always intend to issue tailormade and bespoke professional advice to all our business setup clients and strive to:
- Undertake procedural formalities pertaining to incorporation of company.
- Act as a registered agent and provide our address as official address for the company.
- Arrange / issue the following documents: memorandum and articles of association, certificate of incorporation, resolution and power of attorney, and share certificate.
- Provide accounting and audit services upon request.
FIVE STEPS TO GET A TRADE LICENSE AND SETUP A NEW COMPANY WITHIN FIVE DAYS
- Rent the Office
- Find Local Sponsor
- Reserve a Trade Name
- Draft a Memorandum of Association
- Obtain Necessary Approvals
We provide full assistance to meet all the requirements and to make it easier for an investor to start a business in Dubai. Our services include the process of issuing a trade license and setting up a new company as follows:
- Complete documentation to obtain the license which includes the reservation of trade name application, drafting memorandum of association, Subsidiary agreement with the local sponsor, and POA.
- Visit various sites and governmental departments according to the requirements of the client’s activity.
- Locate the space as per the client’s requirements.
- Provide assistance in creating a business plan.
- Issue all necessary approvals.
- Arrange meetings with the bank.
- Coordinate between the investor and government authorities.
- Arrange accommodation for the investor if needed (accommodation charges to be paid by the client).
- Complete all formalities on behalf of the client.
- Deliver the license to the investor within the time frame according to the type of the license.
- Help the investors more if they can provide the lane of activity.
