company registration in sharjah

downtown, dubai, uae

UAE Investor Visa Benefits: Explained

Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah / / / , , , , , , ,

UAE Investor Visa Benefits: Explained All Business Setup Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us The United Arab Emirates (UAE) offers an investor visa program to attract foreign capital and talent. This visa allows investors to live, work, and run businesses in the UAE, especially in cities like Dubai. Those holding a UAE investor visa enjoy benefits such as residency, family sponsorship, and access to world-class facilities. The visa can last from two to ten years, depending on the investment type. This flexibility helps investors choose a duration that suits their business goals. The visa also allows them to build a strong presence in the UAE’s vibrant business environment. To get an investor visa, applicants need to make a significant financial investment, either through business ownership or real estate. While the requirements and costs may differ, the benefits make it an appealing option for those looking to invest in the UAE’s fast-growing economy. Eligibility Criteria for a UAE Investor Visa To qualify for a UAE investor visa, applicants must meet certain financial and business requirements. They must show ownership or partnership in UAE-based businesses. Financial Requirements For the Golden Visa, a minimum real estate investment of AED 2 million is required, which can include multiple properties. For the 5-year visa, investors must either have a steady income of AED 15,000 per month or a fixed deposit of AED 1 million for three years. The Green Visa for investors needs approval based on the UAE’s investor rating system. Business Ownership or Partnership Investors must show involvement in commercial activities in the UAE. For the Green Visa, proof of investment is required. The specific type of business and the scale of involvement may affect eligibility. Business owners or partners may also qualify for the Golden Visa, depending on their business ownership or investment amount. Economic Benefits of a UAE Investor Visa The UAE investor visa provides several economic advantages, offering access to growing markets and incentives for business owners. Access to GCC Markets Holders of the UAE investor visa can easily travel within the Gulf Cooperation Council (GCC) countries, including Saudi Arabia, Kuwait, Bahrain, Qatar, and Oman. This ease of travel helps investors tap into regional trade and partnerships. Business Incentives Visa holders benefit from the UAE’s tax-free environment, with no personal income tax or corporate tax in most sectors. Companies can repatriate all profits and capital, and the UAE offers excellent infrastructure, making it easier to set up and grow a business. Residency and Legal Benefits Long-term Residency Options The Green Visa allows investors to stay for up to five years, while the Golden Visa offers a renewable 10-year residency. These options provide stability, allowing investors to plan long-term in the UAE. Family Sponsorship Investor visa holders can sponsor their family members, including spouses, children, and parents. The age limit for male children has been increased to 25 years, and female children can be sponsored indefinitely if they are unmarried. Property Investment Opportunities Investors can invest in residential, commercial, or industrial properties across the UAE. Dubai’s property market continues to grow, making it an attractive option for real estate investors. Legal Protection for Investors The UAE offers strong legal protections for property buyers. The Real Estate Regulatory Agency (RERA) ensures fair property transactions, and the Escrow Account Law safeguards off-plan buyers by ensuring funds are used for project completion. Lifestyle and Social Perks Investor visa holders enjoy a high quality of life in the UAE, with safe neighborhoods, modern infrastructure, and excellent healthcare. The country also offers top schools and universities, as well as a variety of leisure activities. Access to World-Class Facilities Visa holders have access to cutting-edge business centers, research institutions, and cultural facilities. The UAE’s strategic location and strong transport links make it easy to travel for both business and leisure. Tax Benefits for Investors The UAE is attractive for investors due to its favorable tax policies. There is no personal income tax, and the corporate tax rate is competitive at 9% for businesses earning over AED 375,000 annually. Many free zones offer additional tax breaks and full foreign ownership of businesses. Procedure and Documentation for a UAE Investor Visa The process of getting an investor visa involves selecting the right investment option, such as property or business investment. Applicants must submit documents like proof of investment, passport, bank statements, and medical fitness certificates. Visa fees vary, with a partner visa in Dubai costing around AED 4,000. Visa Renewal and Cancellation Renewing a UAE investor visa requires proof of ongoing investment or business ownership. Visas can be cancelled if investments are sold or businesses are closed, or if there are legal violations. Why Choose Tycoon Documents? Tycoon Documents helps investors navigate the UAE’s visa process smoothly. We offer expert advice on choosing the best investment options and assist with all legal documentation and business setup. This makes the process easy and stress-free, allowing you to focus on growing your investments. Business Setup Corporate PRO VISA Services Business Consulting Attestation Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment

Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah
day care in sharjah

Start Your Daycare in Sharjah

Sharjah / / / , , , ,

Start Your Daycare in Sharjah All Business Setup Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us Starting a daycare in Sharjah can be a great business idea, especially for those who love working with children. With more people moving to the UAE and many parents working, there’s a growing need for quality daycare services. Sharjah is a family-friendly place, which makes it a good location for opening a daycare. To begin, you need to do some research, make a business plan, and get the necessary permits from the Sharjah Social Services Department. This includes finding the right location, following local rules, and ensuring the safety and care of children. The startup costs usually range between AED 10,000 to AED 20,000, excluding rent or building costs. Daycare owners also need to meet specific standards set by the Ministry of Education. If everything is planned well, a daycare business in Sharjah can be both satisfying and profitable. Daycare Industry in Sharjah The daycare business in Sharjah is expanding fast because more parents need childcare. To succeed, it’s important to understand both the market demand and the rules you need to follow. Market Research There’s a big demand for daycares due to the increasing number of families where both parents work. To succeed, look at the areas where young families live, study the prices of other daycares, and figure out how you can offer something unique, like special programs or eco-friendly services. Regulations Sharjah has strict rules to ensure that children are safe and well-cared for. The Sharjah Social Services Department is the main authority that gives out daycare licenses. You will need to meet requirements like having enough space, qualified staff, and a safe environment. Business Plan A solid business plan will help you succeed and attract investors. This plan should cover your daycare’s services, pricing, operating hours, staff qualifications, and financial projections. Securing Licenses You need several licenses, including one from the Ministry of Education and local health authorities. Make sure your location is suitable, and your facility meets the standards for safety, hygiene, and educational programs. Location and Design Choose a location that is safe and easy for parents to access. Make sure it complies with zoning laws and has enough space for both indoor and outdoor activities. Staffing Hire qualified caregivers who are trained in early childhood education and emergency care. Ongoing staff training is essential to maintain high standards. Marketing Build an online presence with a website and social media profiles. Participate in local events to promote your daycare and build trust with parents. Policies Create clear policies for attendance, health, and emergencies to ensure smooth operations and meet local regulations. By following these steps and staying updated on Sharjah’s requirements, you can successfully open and run a daycare business that meets the needs of the community. Business Setup Corporate PRO VISA Services Business Consulting Attestation Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment

Sharjah
Sharjah resources ab base

Commercial License in Sharjah: 2024 Guide

Sharjah / / / , , , , , , , , ,

Commercial License in Sharjah: 2024 Guide All Business Setup. Corporate PRO, VISA Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us If you’re planning to start a business in Sharjah, UAE, you’ll need a commercial license. This license, issued by the Sharjah Economic Development Department (SEDD), allows businesses to trade, import, export, and store goods legally. What is a Commercial License? A commercial license is a legal document that gives businesses the right to operate in Sharjah. It covers various activities like selling products, importing goods from other countries, and storing or distributing items within the emirate. How Much Does It Cost? The cost of a commercial license in Sharjah can range between AED 5,000 to AED 30,000, depending on your business type and activities. This price covers the legal permission to run your business in the region. Types of Commercial Licenses There are different types of commercial licenses available, depending on what your business does. These include: General trading license: For businesses that want to trade in multiple products. Specific trading license: For businesses that focus on a particular product category. Import/export license: For companies involved in international trade. E-commerce license: For online businesses. Who Can Apply? Both individuals and companies can apply for a commercial license in Sharjah. If you’re an individual, you need to be at least 21 years old. UAE nationals can own the business fully, while foreign nationals must have a local sponsor who owns 51% of the company. For companies, Limited Liability Companies (LLCs) need a minimum of two shareholders, while foreign companies can set up branches with 100% ownership in certain sectors. How to Get a Commercial License Initial Approval: First, you’ll submit a business plan and choose a company name, which the SEDD will review. Documentation: After approval, you need to provide documents like passport copies, visa information, tenancy contracts, and a business plan. Final Submission: Submit all documents along with the application form and pay the necessary fees. Once everything is reviewed, your commercial license will be issued. Maintaining and Renewing Your License Commercial licenses in Sharjah are valid for one year and must be renewed annually. The renewal process usually starts 30 days before the license expires. You’ll need to submit renewal forms, lease agreements, and pay fees (usually between AED 10,000 to AED 15,000). Benefits of a Commercial License A commercial license in Sharjah offers many benefits: Legal permission to operate within the UAE. Ability to import/export goods and trade in various markets. Easier access to bank accounts, office spaces, and government support services. The option to sponsor visas for employees. Holding a commercial license can also increase your company’s credibility and help you build trust with customers. Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment

Sharjah
united arab emirates sharjah top attractions things to do intro paragraph aerial ()

2024 Guide : How to Start a Business in Sharjah

Abu Dhabi / / / , , , , , , , , , , , ,

Business Setup in Sharjah #BeABusinessTycoon Apply Online Contact us How to Start an Business in Sharjah ?,  Here’s Your Guide     Business Setup in Sharjah offers a diverse range of choices for investors seeking to establish themselves in the Emirate, including licensing authorities and free zones.From adaptable alternatives for first-time start-ups to more intricate frameworks for larger enterprises, Sharjah accommodates to all desires and ambitions. Sharjah is located only 20 minutes from Dubai, and well-connected by public transport. Sharjah has its own international airport as well as three seaports, and in addition hosts a third of all manufacturing activity in the United Arab Emirates.   What are the Types of Business Entities in Sharjah? Sharjah is one of the tax haven emirates of the UAE and business setup in Sharjah mainland or freezone is beneficial for foreigners. The type of business entities in Sharjah include: Limited Liability Company: This type of business requires partners not more than 50, but less than 2. It is the most common type among investors as the liability of the partner is limited to the investment in the company Partnership Company: This includes partnering between 2 or more individuals, where liability is limited to the extent of their shares to the company’s liabilities. Local Service Agent: This type of company is generally managed by a single person. And if the individual does not have a UAE or GCC national, then it must be backed by a local sponsor, who is a UAE national. Public/Private Shareholding Company: A public shareholding company has the feature where the share capital is equally divided into tradable shares. A private shareholding company is subject to rules of public joint stock companies. 3 Types of Business Jurisdictions in UAE In the United Arab Emirates, a company can be set up in three jurisdictions: Freezone, Mainland, and Offshore. The companies established in these jurisdictions are supposed to comply with the predetermined set of rules and regulations. Mainland Freezone offshore Mainland companies are licensed by the Department of Economic Development (DED) of the respective emirate. They can operate both within and outside the UAE. Local Market Access: Mainland companies can do business anywhere in the UAE, including the local market. Office Location: Flexibility to open an office anywhere in the UAE. Business Activities: No restrictions on the types of business activities. Government Contracts: Eligibility to bid for government projects and contracts. Local Sponsorship : Not Mandatory for all Business Freezone companies are established in designated areas that offer specific economic benefits. Full Ownership: 100% foreign ownership is allowed. Tax Benefits: Often enjoy tax exemptions, such as no personal or corporate income taxes. Repatriation: 100% repatriation of capital and profits. Simplified Procedures: Easier and faster company setup procedures. Customs Duty Benefits: Exemption from import and export duties within the freezone. Specific Activities: Some freezones are specialized and restrict the type of business activities. Offshore companies are set up for international business operations outside the UAE. Full Ownership: 100% foreign ownership is allowed. Privacy: High level of confidentiality and privacy. Tax Benefits: No taxes on income earned outside the UAE. Cost-Effective: Lower setup and operating costs. No Physical Presence: Cannot have a physical office in the UAE or conduct business within the UAE. Restrictions: Limited to international business activities, primarily for holding, asset protection, and international trading. List of Free Zones in Sharjah Dubai has Most Freezones in UAE,For Freezones in Dubai click here. FREEZONE Sharjah Publishing City Hamriyah Free Zone Sharjah Media City – Shams Sharjah Airport International Free Zone The Sharjah Research, Technology, and Innovation Park Sharjah Oasis for Technology and Innovation (SOTI) Sharjah Healthcare City Frequently Asked Questions Here are answers to the most frequently asked questions. Can foreign nationals own 100% of a company in Dubai? Yes, a foreign national is eligible for 100% ownership of a free zone/Offshore and In Mainland  specific business company in  UAE. Can foreign nationals register a company in UAE ? Yes, foreign nationals can easily register a business in UAE. Professional assistance is necessary for aspects like licensing, visa issuance, and bank account opening, and a business setup consultant in Dubai can assist you with this. Can I start a business in Dubai or UAE without an office? Yes, Dubai/UAE  allow you to register and own businesses without the need for a physical office space. Can I secure visas for my dependents through a free zone business in the UAE? Yes, you can easily sponsor your spouse and children through a free zone business license.You are Eligible for Family Visa What are the different types of business licenses issued in UAE? The three(3) most prominent licenses available in UAE are professional, commercial, and industrial.  Professional license: A professional license permits offering specialized services such as consultancy, accounting, legal advisory, and so on. This license is required for skilled professionals looking to set up businesses and deliver services based on their intellectual or artistic capability. Commercial license: A commercial license is granted for businesses involved in trading activities and is required to legally conduct activities such as import and export of goods within and outside the UAE.  Industrial license: An industrial license is needed for businesses conducting activities such as manufacturing, packaging, segregation, etc. What documents are required to start a free zone business in UAE? The following documents are required from the shareholder(s) and manager(s) for free zone company formation : Passport copy Latest UAE entry stamp/visit visa copy Residence visa copy and Emirates ID (for UAE residents) Address proof Passport-size photo Please note that in addition to these, you may be required to submit additional documents. Consulting with a Tycoon business setup company will help you gain more information in this regard. Business Setup Corporate PRO VISA Services Business Consulting Attestation Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment

Abu Dhabi
Scroll to Top