Posts

What Not to Do for Business set up in Dubai?

Image
  What Not to Do for Business set up in Dubai? There have been plenty of opportunities out of the existing market for foreign investors to make the most of increasing tourist traffic in the city and enter into the import/export of products. It has been creating a lot of opportunities to grab a lot of potential customers and clients. But there are some things you sh ould avoid doing for business set up in Dubai. 1. Don’t set up your business in any free zone without considering the pre- conditions and available sizes It goes without saying that there are plenty of offices available in a free zone. But availability keeps changing in the real world. Usually a startup wants a cheaper option. So, there are chances that you may find only specific sizes when you really go for company registration. Only one visa is allowed for some offices for investors, not employees. 2. Don’t base your plans on published details Confirm the validity of information published before finalizing the plans to...

What to Know about Intellectual Property Rights in Dubai?

Image
 What to Know about Intellectual Property Rights in Dubai? There are several global conventions and treaties to protect intellectual property rights. Dubai is very serious about privacy and intellectual property rights. Companies rely on laws governing intellectual property in Dubai to protect their logos, trademarks, discoveries and any original industrial design or artistic work. Intellectual Property Laws in Dubai In order to protect the intellectual properties, Dubai has entered global treaties and has also become a member of international bodies, such as the World Trade Organization, World Intellectual Property Organization, and other organizations. Dubai has a vast legal framework for intellectual property rights protection for both foreign and local investments. Some of the major laws for protecting intellectual property in Dubai are Federal Law on Protection of Copyrights and Intellectual works and Federal Law on Trademarks. The Commercial Protection Division is a special d...

Company Formation in Dubai – A Step by Step Guide

Image
Company Formation in Dubai – A Step by Step Guide It goes without saying that the administrative, financial and technical parts seem difficult for company formation in Dubai. But it is a lot more simple and affordable to follow this step-by-step guide with proper support. If you want to set up your business in several free zones, here are some of the steps - ● Decide the nature of your business Your business activity is very important in choosing the free zone to set up your business in. Some free zones allow only specific types of business activity, such as transport, media, and medical. It is also important to set up the business in proximity to other businesses in the same sector. Suppose your business depends a lot on import/export, you should choose a free zone which is located around a sea port or airport. ● Decide the name of your company There are some strict guidelines in the UAE for naming a business. Be sure the chosen name complies with the regulations. Avoid the names whic...

4 Major Types of Intellectual Properties in UAE

Image
4 Major Types of Intellectual Properties in UAE It is not easy to protect your intellectual property in UAE like declaring ownership of any asset or product. There are four different types of intellectual properties in most nations which can be protected legally, such as trade secrets, copyrights, trademarks and patents. Each type of intellectual property has its own cost, needs and attributes. There are four major types of Intellectual Properties in a lot of countries which can be secured legally, viz. copyrights, trademarks, patents and trade secrets. Each type of IP has its own requirements, attributes, and costs. Before you narrow down your focus on the type of protection, you should keep in mind that such forms of protection are not complete. According to what you are going to do, you can apply several protection forms and belt and suspenders approach. Here are some of the major types of intellectual properties - Patent This intellectual property inUAE is u...

Freezone Setup Dubai

Image
Freezone Setup Dubai – Pros and Cons of doing business in a FreeZone Over the years, Dubai has seen tremendous economic growth and has been associated closely with its unique entrepreneurial flair of the community in the UAE.   The authorities have established SEZs where businesses can grow with minimal procedures and costs to push foreign investment and innovation. What is a free zone? An expatriate who is willing to freezone setup Dubai can either register a company with any free zone in the UAE or set up an LLC with an operational license in any part of the UAE. A free trade zone or free zone is a special economic zone where companies can get and operate a significant amount of fee and tax savings. Expatriate residents can also get company ownership of 100%. In free zones, companies are considered as offshore ones and they don’t have to engage with the Ministry of economy or customs authorities. They are instead protected by concerning authorities.   ...

Company Set Up in Dubai

Image
Company Set Up in Dubai – Is Free Zone a Best Option? From an oil-reliant economy to a leading business hub in the Middle East, Dubai has come a long way over the past three decades.   Some of the leading industries in this city are tourism, real estate, aviation and financial services. The sundry free zones accentuate a lot of industries in the emirate. For companies set up in Dubai , you can choose either a free zone or mainland. The benefits of a free zone are 100% foreign ownership, no tax, and full repatriation of profits and capital. A lot of free zone companies are specific to some specific geographical zones and one can set up mainland companies at any place out of free zones. Setting up Business in Dubai Free Zone Here are some of the options to choose for free zones in Dubai – ●         Dubai Airport Free Zone (DAFZA) – It is the best zone for aerospace and aviation, telecom, IT, logistics, electronics, and luxu...