We’re a family. Also, you can reach us via email at info@shuraa. Trade license cannot bear a name of the person who is not an owner/shareholder. The European Parliament approved MiCA on April 20, 2023, making it a groundbreaking. This is a special permit for companies operating in the The Administrative Zone of DSOA (areas owned by private developers) using a licence issued by Dubai Economic Department (DED). Register your interest through our online form or by email. The most affordable freelance permit is available at 7,500 AED. DMCC has developed an effective compliance framework to ensure that DMCC operations are in line with local and international laws, regulations and best practice when it comes to business setup in Dubai. In this article, we will cover all the details concerning a Free Zone license. For a family visa application, you need proof of family ties. Our company registration, business license acquisition, office space renting, legal and professional services, and bank account opening are just a few of the many. You can also drop us an email at info@shuraa. Depending on which busin ess activities you wish to conduct in the UAE, investors can choose the. Business visa in Abu Dhabi: Around AED 4,000 to AED 8,500*. Passport copy. With this license, you can pursue your profession in General Trading or any other ventures, importing, re-exporting, and trading goods and commodities. Here are the key steps to set up a business in a Dubai Free Zone. IFZA is one of the leading free zones in Dubai. Foremost, free zones in Dubai are often industry specific, and thus, their costs also differ. Both in the free zone and the mainland, it is possible to start a franchise or search for and purchase a Dubai franchise. Note: There is no cost associated with becoming an IFZA Professional Partner. +971 504 825561. Submit all required documents to the free zone authorities. Free Zones in Ras al Khaimah. Box 342001, Dubai, UAE – Local Toll Free: 800-IFZA (4392) Tel: +971 4 228 5285 – info@ifza. Guide to Obtaining a Trade License in Ajman. We help you with remote company registration, license cost, visa services. The steps include: 1. You can make payments via bank transfer, cash, or online using a card. Highly educated individuals such as Ph. It is the only business-to-business (B2B) focused free zone in the UAE. Relocating to Dubai and opening a company in a free zone area is the smartest idea you could ever think of. When registering a company with IFZA, there are several fees to factor in. However, this can even rise further depending on the types of goods you want to sell, which might require special. com and WhatsApp at +971. First, you need to submit an application to the Health Regulation Department (HRD). This makes it difficult to select your niche business to overcome these challenges, seek guidance from our experts. Additionally, the bakery license cost in Dubai is around AED 6,000. To start a tourism business, you need to register your business with the Department of Economic Development and the Dubai. Meaning of Ifza is Protective angel. Dubai attracts approximately 16 million tourists, making it a top destination on travel bucket-lists. An ecommerce license is often a legal requirement in many jurisdictions. The exchange will be Dubai’s first international cryptocurrency exchange. This approval indicates that the UAE government does not object to you starting a business in UAE. A UAE corporation can be formed in Freezone or Mainland. These licenses will allow you to trade as either an auditor, accountant or tax consultant in the UAE. LICENSE TYPE VISAS INCLUDED TOTAL COST ; Trading / Services license + Flexi desk : 1 visa : AED 23,119 $6,350: download breakdown: Trading / Services license + Flexi desk : 2 visas : AED 30,003 $8,250: download breakdown: Trading / Services license + Flexi desk : 3 visas : AED 36,887 $10,150: download breakdown: Trading / Services license. For the crypto companies to secure the crypto license: There must be enough capital to operate the business for at least 6 months successfully. There are so many fee zones in the Emirates but make sure you choose the right one for your license and keep note that some free zones are harder to open a bank account with. It is one of several free zones in Dubai. The company must register with the Dubai government authorities as a Value-Added-tax (VAT), Anti-Money laundering (AML), and Anti-terrorist Financing (ATF)-compliant entity. Last, you have to submit the documents required for the process. According to new legislation, from since the 1st of November 2022 entrepreneurs wishing to start a crypto-business in Lithuania a share capital in the amount of 125 000 euros must be paid. Certifications and document clearance are determined depending on the type. If you know what it is and how it works and are swirling with interest in it, why not get a crypto license in Dubai? It’s not surprising anymore to hear that Dubai has seamless regulations. Typically, this entails submitting an application form, supplying confirmation of identity and residency, and paying an application charge. The Cost of Crypto License in Dubai. This enables the firm to earn full profits from a trade rather than just the commission it receives from processing trades for. B. In Gofaizen & Sherle Client needs are being put first. As your local partner in the UAE, Shuraa Business Setup only levies a small annual partnership fee. IFZA has partnered with the Securities and Commodities Authority (SCA) to facilitate the issuance of cryptocurrency licenses in Dubai, similar to the services offered by DMCC. Crypto is one of the buzzwords today. A Business Trade License is a must-have document to operate legally in Dubai. We offer a range of business licenses, as well as the ability for foreign-incorporated companies to register. Blockchain Revolution: INSEAD. With a rapidly-growing community of over 550 crypto firms, the DMCC Crypto Centre is the largest ecosystem. The cost of a used car trading license in Dubai generally starts at AED 25,500. IFZA Business Park. 301, Indigo Icon Tower Cluster F – Jumeirah Lake Towers Dubai – United Arab Emirates. A top travel destination with diverse cultures, safe reopening, architectural wonders, and niche business potential; this is one of the best business opportunities in Dubai. 2. Is not something from the future anymore and UAE is making steps to be the frontliners of. The cost charged by RERA for per activity is AED 5,020. 050-1466808. 4 Types of Crypto Licenses. What does IFZA mean? International Free Zone Authority (IFZA) is a free zone in Dubai, United Arab Emirates. Costs: Consider the costs of obtaining and maintaining. Open a Bank Account. Choosing the right and best crypto exchange in Dubai and the UAE is the main challenge for them. GBO is one of the leading company formation agent in IFZA . With the assistance of business setup consultants at Shuraa, you can obtain your commercial real estate brokers license and expert assistance for your business setup in Dubai. Trade name approval. No share capital is required for this type of licence. Dubai Free zone is monitored by an independent governmental or non-governmental free zone authorities and entities. To start a gym or fitness center business in Dubai, UAE, you need. Office # 2 & 3, Z Bldg Old HSBC Bank, Sharjah Airport International Freezone PO Box: 122390. You need to submit copies of your passport and visa to the concerned authorities to initiate the process for procuring a salon license in Dubai. You’ll also have to factor in the cost of visas, office space, and other overheads. The respective fees for the UAE business visa depend on the type of visa, the duration, as well as the emirate. In addition, you can register free zone companies within 3-4 days. You can also email your query to info@shuraa. By obtaining a license, ecommerce businesses can ensure that they are legally compliant and avoid any penalties or fines for operating without a license. Since June 2013, DMCA ( Dubai Maritime City Authority) has passed a resolution demanding a marine owner’s driver’s license should they intend to drive a boat. Therefore, to make their experice easier. IFZA Crypto license. You can contact us via email info@rizmona. Picking the best crypto exchange in the UAE is difficult. Furthermore, with the current global economic situation, the organic farming industry worldwide is predicted to reach a market size of USD 287. The different types of licenses issued by IFZA Dubai for Free Zone Company Setup are: Professional: License for consultancy and services businesses. Visa. The cost-effective healthcare model and supportive jurisdiction in the emirate of Dubai helps you set up a medical clinic in Dubai. Also, consider the cost of UAE health insurance, with minimum basic coverage costing about 800 AED, DLD fees of 4,020 AED, and. September 1, 2023 12:03 pm. the core of everything we do, IFZA is the place for you. Alternatively, you can launch a technical services firm in the UAE by establishing a free zone. Professionals need to carry a freelancer license in Dubai to successfully operate their services in the UAE. After requesting your trade license in Dubai, you can apply for your visa and open a corporate bank account. RAK’s cost-effective, hassle-free, and customer-friendly environment attracts businesses of all sizes. com LICENSE APPLICATION FORM (INDIVIDUAL) Agent/Partner Name Set Your Company Name Select Your Business Activities Shareholding Type Application TypeTypes of Office Spaces at IFZA. IFZA provides. The cost of a license for one type of activity is 14,500 USD. FAQs About Cryptocurrency and Dubai’s Role. Email: info@gofaizen-sherle. Now, new findings from. Application process. The cost charged by RERA for per activity is AED 5,020. Dubai internet city allows a freelancer license that is one of the most affordable licenses in the UAE. Register your company’s name. Business Setup in Sharjah Media City (Shams). Both these free zones are governed by the rules and regulations that are set by the Dubai Silicon Oasis Authority. The cost of a particular setup type is calculated like this: Office rent + license + other small fees. Ras Al Khaimah Economic Zone (RAKEZ) is a globally renowned industrial hub known for its cost-effective business license packages combined with other incentives. Trade name registration not required for the first year. In general, you can get this license for AED 10, 000 to AED 13,000. Home; License. Business means the specific economic activity carried out by an FZCO or Branch Office under the1. There may probably be. ae. Support in the issuance of CRYPTO LICENSES IN CZECH with a guarantee of a turnkey contract, namely: Cryptocurrency exchange license and Crypto wallet. The Freelance Visa under this permit includes 2,000 AED for the Establishment Card and 5,000 AED for the resident visa. Jamie. Obtaining a crypto license in Dubai, setting up a wallet, purchasing digital currencies, and then storing them safely are all steps associated with crypto banking. 971 4 5015317. Associate Manager ‑ Sales. Becoming an IFZA Professional Partner is a simple three-step process: Register your interest through our online form or by email. It is the cheapest free zone in Dubai for companies involved in finance. Media License: AED 10,000 to AED 20,000 per year*. It means that this free zone is offering the. +971 655 79726. There are many business opportunities, in Dubai. A Dubai business license will run you somewhere around AED 15,000 to AED 50,000 (approx. Other licenses such as consultancy, service, commercial trading, industrial and holding licenses are also issued by IFZA. com and get your queries answered in no time. Location: If you plan to do business in Dubai, a DED license may be the better choice, as it allows you to operate anywhere in the city. The cost to get a Dubai DHA license is. The following links will help you check business activities registered and licences issued in the UAE: Inquiry by business name or business activity - Unified Commercial Registration System - Ministry of Economy; Trade name search - Department of Economic Development - Abu Dhabi; Search trade licence details- Department of. com or simply log on to shuraa. It also provides unfettered access to countries in Euro pe and Asia. Receive your general trading license. In this article, we will cover all the details concerning a Free Zone license. September 27, 2023. Strategically. Given it s centralised location, it plays a pivotal role in the growth of companies in the MENA region. incentives and tax exemptions to foreign companies and individuals. . • Trade name registration fees in Dubai is AED 620. Explore the intricacies of. Overview of IFZA: The International Free Zone Authority (IFZA) is situated within the Dubai Silicon Oasis, a technology park that caters to businesses in the technology and innovation sectors. ecommerce license. A RAKEZ industrial license allows entrepreneurs to establish their manufacturing business in the UAE. Similarly, the cost for availing a DHA license in Dubai for a healthcare facility depends on the activities your company will conduct. IFZA is now regulated by Dubai Silicon Oasis Authority (DSOA). Professional licenses are granted to individuals and businesses that provide professional services based on their specific skills and educational qualifications. This was a 25% growth in comparison to the same period in 2021. Discussing the options below. FAQs About Cryptocurrency and Dubai’s Role. Emirates ID is required to open a bank account as an expat. However, at times when businessmen do not renew their license they are imposed with several forfeits such as – a business practiced without a license could be penalized with. To avoid confusion and learn more about how Shuraa can help you navigate through the process of obtaining 100 percent ownership of business in the UAE, book a free consultation with Shuraa’s Legal Corporate Advisors. Free zone authorities require minimum paperwork and duration. IFZA offers a broad range of business licenses, including trading, service, consultancy, and industrial licenses, making it suitable for various industries. “It is an incredible honour to be the one of the first crypto. A professional license covers a broad range of activities, including: – Consultancy services. To become an importer, you need to have a valid UAE trade license and register with the Customs Department. Sharjah: The cost of the license will be around AED 23,000 onwards. 3. Professional license in a free zone enables you to conduct business in local markets without the concern of debts or liabilities that could carry forward with your business. Security deposit: This is a deposit that is required by IFZA as a guarantee of the company’s financial stability. You must visit our website online at Dubai business setup. The Academy is a first-of-its-kind training institute in the region, dedicated to providing reliable industry knowledge, skills, and experience to IFZA partners. RERA charges AED 5,020 per activity. com. Company formation in IFZA offers scalable business solutions, excellent infrastructure, and a straightforward business setup process. Dubai Free Zone Company Setup Cost. Starting from 2023, all companies registered in the UAE must provide tax reports even if they are exempt from corporate tax. It focuses on startups in the field of IT. Published: July 26th,. 5. The Department of Economic Development is a. The federal laws of the United Arab Emir a tes are designed specifically to be. 3. That said, depending on your requirements and budget, you can expect to pay anywhere between AED 10,500 and AED 18,000. Identifying the preferred type of business activity. Shuraa Business Setup offers RAK free zone company setup with 25% lower rates than other Emirates. You also need to get all your company formation documents cleared from different UAE agencies within a short time. Our personalised approach to licensing and related procedures, coupled with a superior location and unmatched operational standards, makes setting up with us seamless, straightforward and flexible. Professional license holders can own 100% of the business and all its shares. The cost of a new 10-year Golden Visa in 2023 is 2,657 AED, not including fees for a medical check (700 AED) and Emirates ID (1,153 AED). License Application Form Set Your Company Name Agent/Partner Name Select Your Business Activities Option 1 If a specific Arabic translation of the English Company Name is required, please write below. Primary RAK free zones for business setup include:However, the nominal charges as per the Dubai Economic Department are listed below –. Document Clearance simply means that to incorporate a company in Dubai or to register business in UAE there are a list of PRO services, certifications and authorizations required – getting these authorized documents is known as Document Clearance. com Address: Office 501, 5th Floor, Aspin Commercial Tower, Near. Choose your preferred jurisdiction. Our professional services are available at very reasonable rates. When you make an application, make sure that the ID validity is the same as the validity of your visa. Home · Custom Portal . Dubai cryptocurrency regulations are moving forward. IFZA allows combining up to seven (7). Box 342001. Don’t hesitate to call us at +971 44081900 and you can also send a WhatsApp message at +971 50 777 5554. Choose a package based on our advisor’s recommendations on the website. With this license, companies are allowed to conduct transactions in Canadian dollars or foreign currency, both within Canada and in other countries. IFZA is one of the leading free zones in Dubai. As. Finalise your business location – mainland or free zone. Submit your visa and passport. See full list on gofaizen-sherle. 84 billion in 2023 from USD 169. Book a free consultation with the company formation experts at Shuraa. UAE Visit visas: Around AED 350 to AED 600* depending on duration of stay (should not exceed. An IFZA company setup is a popular choice for those seeking the most cost-effective general trading company license in the UAE. Submit a copy of your trade license (or its equivalent in your jurisdiction). Request for and sign the IFZA Authorized Partner Agreement. Apply for a Visa. However, there are other costs involved, such as registration fees, leasing of showroom space, purchasing a. It also provides unfettered access to countries in Euro pe and Asia. "The progression from the Provisional License, granted in 2022, to an Operational MVP License. m. Get tailor-made cost-effective solutions for your company formation in Dubai, only with Shuraa Business Setup. Flexi Desk is a shared workstation with 10 hours of access per week, an IFZA address, and one. Tourism Services. We have created this guide to help simplify the process and provide you with a step-by-step overview of everything you need to know. Failure to do this would make the system automatically cancel your payment approval. If you are a non-resident of the UAE. Flexi Desk. Free zone licences are available for a wide range of other sectors as well. Important! 5. Technical services license cost in Dubai mainland starts from AED 18,500*. You will receive your license in about 1-2 weeks. Copies of the company’s trade license and establishment card. Dubai Freelance Visa and UAE Freelance Licensing Permit. Ajman is one of the seven emirates that comprise the United Arab Emirates, and it is home to the Ajman Free Zone (UAE). Consulting/Service License: AED 10,000 to AED 20,000 per year*. ) «0$ 0 « «$ 2! «. To get your license, we’ll conduct an initial approval from the government. The sort of business license you receive will depend on a number of things. Applying for a general trading license is a straightforward process involving the following steps: Submit all your documents to the DED. ) or even more! Dubai Business Setup has been helping Global entrepreneurs start new businesses We have been helping Indian businessman realize their dream of setting up a company in Dubai for over a decade. To start a tourism business, you need to register your business with the Department of Economic Development and the Dubai Department of Tourism and Commerce Marketing. 1. The LLC license renewal cost in Dubai is around AED 8,000 to AED 15,000. No local sponsor is required. The total cost of a Freelance Visa in Dubai comprises the freelance permit cost and the actual visa fees. It also allocates your company under the legal governance of the Commercial Companies Act of the UAE. 1:30. The cost to apply for a standard payment institution license to provide a digital payment token service is only S$1,000. The cost of opening a gym in Dubai includes a license fee of approximately 20,000 AED, approval fees ranging from 8,000 to 10,000 AED, and expenses for securing suitable physical space. Commercial: License for import, export, storage, and distribution. Once a RERA training certificate has been obtained, license processing can start. Cryptocurrency is a digital or virtual currency that uses cryptography for security. Commerzbank AG on Wednesday said it has received a crypto custody licence in Germany, which it said will allow it to launch a "broad range" of digital asset. Once a RERA training certificate has been obtained, license processing can start. Freelance Visa cost 2023 starts at AED 20,000 with validity for 2 years. Currently, E-trader license Dubai cost is AED 1,070 to obtain the Dubai E-trade Licence. 1. Apply for a business licence. – Computer graphic design services. The nation has made investments in various sectors, including green energy, power, and telecommunications. Asma Al Muhassen. IFZA license fees start at 12,900 AED for a Flexi-desk with a zero-visa consultancy and service license. The type of license you need depends upon the chosen business activity. However, if you plan to focus on a specific industry or market, a free zone license may offer specialized support and access to a dedicated business hub. Branch Office means a branch office of a foreign company registered in IFZA Dubai under Free Zone Regulation. Step 2: Obtain the audit license and permits. At IFZA, we believe that diversity and inclusivity are essential to our success. The first step to get a consultancy license in Dubai is to choose your business activity. If you do not receive this approval, you cannot proceed to the next steps in the application process. Ifza In Hindi : िफ्ज़े. Passport copy. For carrying out specified commercial activities. Commerzbank AG has received a crypto custody license, providing more evidence that European banks are growing warmer toward the asset class. Similarly, the cost for availing a DHA license in Dubai for a healthcare facility depends on the activities your company will conduct. Corporate Sales - COMMERCIAL. Call us on +971 44081900. 100% waiver on Dubai General Trading Fee; 100% waiver on License Upgrade Fee;Click here to book a free consultation with our experts and learn more about how to establish a free zone company with IFZA in Dubai; call +971582595164. For each new IFZA Business License issued, we will plant mangrove saplings in your name at the IFZA Mangrove Forest. The first step in starting your restaurant business is to select your preferred jurisdiction. You can also easily WhatsApp us at +971 507775554 or email us at [email protected]. Strategic global connectivity to over 17 countries. IFZA also offer additional services such as license upgrades or downgrades, license amendments as well as document attestation. O. Book a Free Consultation with the Shuraa Experts The first step to business setup in Dubai is to. We help you with Free zone and Offshore company formation, LLC business setups as well as commercial management consultations in Dubai and all over UAE. Due to its popularity and growth, JAFZA makes for an ideal free zone for multinational corporations (MNCs). Choose a trade name for the company. The provision of hospitality and tourism services is clearly a business opportunity worth venturing into. Cryptocurrency tax in Bulgaria must be paid by all persons receiving income from crypto active transactions. Request for and sign the IFZA Authorised Partner Agreement. holders. General trading license cost in Dubai starts from AED 11,900. Book a Free Consultation with the Shuraa Experts The first step to business setup in Dubai is to book your free consultation with the corporate advisors at Shuraa Business Setup. Although the final crypto license cost in Dubai will depend on the jurisdiction, it can roughly be anywhere around. Corporate Structure: You can apply as a new or existing DMCC member company looking to expand into crypto-related activities. It is an incredible honor to be one of the first crypto exchanges to be granted a Virtual Asset Service Provider Licence from Dubai's Virtual Assets… Liked by Hunter MacDonald. Includes electric mini cars designed to serve in golf clubs, football stadiums, horse racetracks as well as passengers and visitors shuttles in airports and. Book a free consultation with our free zone experts today and get added benefits like free tax and VAT consultancy, added discount on long-term. No rent contract required for the first year. 1 day remote registration. 83 billion in 2027 at a CAGR of. Crypto. It is home to over 6400 companies, including over 120 Fortune Global 500 enterprises from across the world. 1. The Department of Economic Development (DED) issues the crypto license in Dubai. Confirm that the brokers are well regulated either by the CBR or by the local jurisdiction. 1 day ago · CoinFund is seeing more crypto trading and more crypto entrepreneurs coming from Asia, where the firm is hoping to expand its reach, Lapidus said. I have lived in the UAE for the last 9 years, most of it working in a B2B sales environment which I continued in IFZA and I am glad that it has been almost 2 years. Gofaizen & Sherle provides professional support for IFZA crypto license with a turnkey solution and guaranteed results within 2 weeks IFZA is a leading Free Zone Community in Dubai with world-class infrastructure, state-of-the-art facilities, and business friendly regulations, making it an ideal destination for foreign investors looking to set up and grow their business. The cost of a company setup in Jebel Ali Free Zone is quite reasonable compared to the other free zones. Here are some of the major benefits that people experience when seeking a new business setup in the UAE: UAE offers a flexible regulatory framework. It represents your. Other papers you will require include: Delivery order from shipping agent or airline agent addressed to your free zone company. We’re committed to creating an. Jebel Ali is among the best areas for offshore company registration in Dubai free zones, given. Lõõtsa tn 2a, 11415 Tallinn, Estonia. For more information or to discuss your own set-up requirements, call one of our advisors today at +971 600 532 392. Online business consultancy. IFZA BUSINESS ACTIVITY LIST Minimum: «10,000 Minimum: AED 10 and its multiples «$!. Obtain a license. It provides a variety of commercial. Many free zones have restrictions and limitations of the kinds of business that can be conducted with their license. 1%. The license specialty clinics such as dermatology and cosmetic and treatments may cost lesser than that of a polyclinic offering several health services under one roof. The first fee is the standard corporate set-up fee, which depends on the number of shareholders, directors, and other information related to the company. Here’s a step-by-step process for Dubai Municipality product registration in the UAE: First, you need to form your company in Dubai. £2,000 – for businesses with UK cryptoasset income up to £250,000. Free Brunch at Burj khalifa. Setting up a company in International Free Zone Authority saves you the cost of capital requirements and annual audits. The recent guilty plea by founder Changpeng Zhao in the US adds complexity, and the cautionary stance of the Securities and Futures Commission's Elizabeth Wong raises further questions. 1. The standard commercial license cost is anywhere between AED 10,000-AED 12,000. Shuraa provides competent advice in free zone company formation across the seven emirates. The cost of an IFZA Dubai freelance license varies depending on the type of license and the value-added services you require. We will only revert to applicants if none of the names provided are available. Moreover, free zone authorities require minimum paperwork. Dubai free zone is a special economic zone providing regional benefits. You will receive all the information required for company establishment in Dubai from us. Business License; Memorandum of Association; Share certificate. Branch registration: foreign incorporated companies are allowed to register a branch at IFZA Dubai. The cost of opening a gym in Dubai includes a license fee of approximately 20,000 AED, approval fees ranging from 8,000 to 10,000 AED, and expenses for securing suitable physical space. This situation arises amid the backdrop of the. Dubai. Includes reselling specialized motor vehicles including ambulances, fire engines, garbage collectors , street sweepers, truck- mounted cranes for loading and discharging and truck mixers. We are a one-of-a-kind ecosystem that prioritizes customer satisfaction by delivering efficient company formation solutions in Dubai. Book your FREE consultation with our Shuraa’s Business Setup consultants today! Call us on +97144081900 / WhatsApp +971507775554. Click here to book a free consultation with our experts and we’ll guide you on how to set up a low-cost offshore company in UAE. IT Solutions – Most Successful business opportunity in Dubai.