Axiommarkteam

Intellectual Property in the UAE You have selected the business activity and after looking at the various options for establishing your business you select the DMCC free zone. The DMCC will assist for further procedure, but one thing they cannot help you with is the protection of your intellectual property rights. Intellectual Property is the must for large or small business. Intellectual property refers to creations of property that includes intangible creations of the human intellect. Intellectual property law provides exclusive rights to a person for the creation of an idea and also protects from unauthorized use of this idea by others. The Ministry of Economy is authorised for registering and protecting intellectual property in the UAE. The basic aim of Intellectual Property law is to benefit the creators of intellectual property, there are four main categories of Intellectual property: ● Copyright: Art, literary works and music, Federal Law No. 7 of 2002 on Copyrights and Rel...

Company Formation in Dubai From past years the United Arab Emirates (UAE), has garnered immense popularity among the investors all over the globe. Here are the major things you must know before starting a company in Dubai. Type of Company Before registering a company in Dubai you should first think about what kind of company you should set up in Dubai. There are 3 types of company Limited Liability Company, Freezone and Local PSC Ownership of Company Any business that falls under commercial or industrial licenses in the mainland of the city can only be 49% owned by you and the rest of the 51% of the stake must be owned by a local sponsor. For a startup, you must prefer Free Zones which offer great advantages like 100% ownership, Speedy startup and Duty-Free customs boundary. Registering the Company Once the type of entity is decided, the next step takes you towards registration which usually takes around 4 to 8 weeks to depend upon which type of company you select. The registration ...

How to setup Free-zone in Dubai Having a Free zone business in Dubai is always a fruitful option. It gives you 100% ownership along with several benefits like repatriation advantage, zero taxation, zero corporate tax and low leasing prices etc. There are many free zones available for business setup in Dubai. Which offers lucrative licensing packages such as IFZA Fujairah Free Zone, RAK Freezone, Dubai Airport free zones (DAFZ), Hamriyah Free Zone, Jebel Ali free zone (JAFZ) and Ajman Media City is the cheapest Freezone for a Trading License. Therefore, when you set up a company in a Dubai free zone, you need to be aware of each free zone’s benefits and characteristics. Types of Company Registered in Dubai free zone 1. Free Zone Establishment: This type of company is a single shareholder limited liability company. 2. Free Zone Company: This type of company can be registered with 2 or more shareholders(maximum 5 shareholders). Individuals or corporate companies can be shareholders. Pr...

Business Set up in Dubai Setting up a Business in Dubai is not a big task. However, you should be familiar with the rules and regulations to start a business in Dubai. Type of business Your business type will decide the kind of license you need which can be professional licenses, commercial licenses or industrial licenses. You need necessary approvals from other Dubai government departments as well get approval from the different business activities such as food trading, jewellery trade and legal consultancy. Type of Business Ownership In Dubai, one has a choice of selection to choose Mainland, Freezone or Offshore based upon Location and type of Business Activity. The location of your business should be in Free Zones because it will provide 100% ownership, Fast document processing for quick start and duty-free custom boundaries. The business should be set up in a marketplace or where all professional or commercial shops or desk jobs are open. Legal Structure According to your type ...

Company Setup in Dubai Anyone can set up their companies in Dubai or any other emirate of UAE. The UAE government has made some rules and regulations for all of the different companies such as Mainland Company, Free Zone Company and Offshore Company. Let’s get more information regarding Company Setup in Dubai; Mainland Company These companies are incorporated and licensed by the Department of Economic Development respective emirate, allowed to do business in the local market as well as an international market without any restrictions. The process to setup Mainland Company: 1. Select the business activities. 2. Choose the Company name. 3. Find out a local partner (sponsor) or local service agent. 4. Application for initial approval of setting up mainland business. 5. Acquire adequate and minimum required office space. 6. Document submission for the establishment of mainland business. Free Zone Company A company set up in a Dubai Free Zone is generally restricted to conduct business w...

Business Formation in Dubai Do you want to start a new business setup in Dubai? Dubai, as well as the UAE, offers plenty of opportunities to start a new business. let’s get the basic idea of how you can do it. Research & Market Analysis For any kind of business formation that you are planning, you need to have profound knowledge and expertise in the preferred sector. Conduct extensive research across the business sectors that you plan to operate on. Local Sponsor or 100% Ownership To start a business in Dubai you have to decide the type of business in LLC business you need a 51% partner who is called a local ‘sponsor’. In the Free Zone, you can own your business 100%. A sponsor will help you in solving any problem which occurs due to authorities as a sponsor will have all knowledge related to the rules of authority. Decide Business Activity First and foremost step is to choose the type of Business, this will define the kind of License you will require like Commercial, Profes...