A local sponsor is appointed by an overseas investor to hold a 51% stake in a UAE business. While the sponsor holds a controlling stake, they have no decision making power and do not interfere with day-to-day operations. They also do not take 51% of the profits. Instead, sponsors are paid an annual fee for their services. Sponsors can be individuals or corporate entities.
That’s why the best way to find a local sponsor is to work with an expert such as Regen Corporate Services LLC(RCS)
The Golden visa is a long-term residence visa which enables foreign talents to live, work or study in the UAE while enjoying exclusive benefits. Investors, entrepreneurs, scientists, outstanding students and graduates, humanitarian pioneers and frontline heroes are among those eligible for the Golden visa. The Golden visa holder can work themselves, or another company (Local or Otherwise) without the need for individual sponsorship. the UAE golden visa permits holders to remain in the country long-term without employment. If you invest in an investment fund, you may be granted a Golden Visa for a period of 10 years without a sponsor (Conditions apply)
The freelance visa Dubai is a type of UAE residency, meaning that you can live and work with your family members in the UAE for anywhere. You do not necessarily need a sponsor or to be hired by any company in the UAE. It is basically a work permit for freelancers in UAE. You can offer services to individuals or businesses. You can charge for your work and services.
A financial statement is a common term connected to accounting. The financial statement sought-after of monetary transactions associated with a business establishment for a period. It gives various vital information regarding economic status, operations, and net transactions of the business. It is mandatory for a business establishment to keep a record of the accounting data for a period of 5 years in the Emirates. Regen Corporate Services LLC provides a wide range of accounting and bookkeeping services in Dubai to clients of diverse domains.
Company Bank Account Open Assistance.
Company Bank Account Open Assistance.
Regen Corporate Services LLC provides you all banking assistance you need while starting your company in UAE. Be it assistance for bank account opening or bank guarantee, we can help you.
Every business must have a trademark. There are not one or two benefits of having it! A trademark brings your employees, customers, and the business's bottom line together to make way for success! When you have a trademark for your company, it is so easy to find you in the market! This gives your business.
When you give a brand name to your company, people will search you on the internet with that name This will make your brand more popular on the internet. This is sure to bring you more customers. Before anything, you need to register your trademark so that it is legally yours and not available for anyone to register it for their benefits.
A business must register for VAT if its taxable supplies and imports exceed AED 375,000 per annum. It is optional for businesses whose supplies and imports exceed AED 187,500 per annum. If you sell to VAT registered businesses they can reclaim the VAT from HMRC so your selling price is still competitive and you will be able to recover the VAT on your costs. Maintaining up to date records will provide better information for running your business.
Notarization is the official fraud-deterrent process that assures the parties of a transaction that a document is authentic and can be trusted. It is a three-part process, performed by a Notary Public, that includes of vetting, certifying and record-keeping. A document to be notarized by a public notary in Dubai or anywhere in UAE has to be signed with the notary public witnessing the act. A public notary in UAE will also sign the document, then put a seal or stamp on the document. A Power of Attorney (POA) is a legal instrument in which the principal appoints another person to act on their behalf. The document grants the agent the power to decide on a specific range of issues or a more comprehensive range of topics. The person chosen to carry out this function may sometimes be referred to as having Power of Attorney