New Business Setup
At FTH Consultancy, we specialize in providing end-to-end New Business Setup services that guide entrepreneurs and businesses through the entire process of starting a new venture in the UAE. From choosing the right business structure and obtaining necessary licenses to handling regulatory compliance and tax registration, we make the entire setup process seamless, fast, and hassle-free.
Our expert team is here to assist with all aspects of business formation, ensuring that you are fully prepared to enter the market with a solid foundation and clear path to growth.
Key Components of Our New Business Setup Service:
1. Business Structure Consultation
Objective: To help you choose the most suitable business structure based on your goals, preferences, and the legal requirements of the UAE
Services:
- Consultation on selecting the business type (e.g., Sole Proprietorship, Limited Liability Company (LLC), Free Zone Company, Offshore Company).
- Understanding of the advantages and limitations of each structure.
- Identifying the appropriate jurisdiction for setting up (Mainland, Free Zone, or Offshore).
Outcome: A tailored recommendation that aligns with your business objectives, ensuring the best legal structure and setup location.
2. Trade License Application
Services:
- Identifying the appropriate type of license (Commercial, Professional, Industrial, Tourism, etc.).
- Preparing and submitting the trade license application to the relevant authorities.
- Coordinating with government entities for approval and issuance.
3. Visa & Immigration Services
Objective: To assist business owners, employees, and partners with obtaining visas and work permits.
Services:
- Guidance on obtaining investor and employee visas.
- Assistance with the visa application process for business owners, employees, and family members.
- Coordination with the General Directorate of Residency and Foreigners Affairs (GDRFA) for visa processing.
Outcome: Smooth issuance of residency and work permits, allowing employees and owners to operate in the UAE.
4. Office Space & Ejari Registration
- Assistance with selecting office space in the UAE, whether in a free zone, mainland, or co-working space.
- Facilitating Ejari registration, which is required for trade license approval in Dubai.
- Helping with lease agreements and negotiations.
5. Regulatory Compliance and Legal Documentation
Objective: To ensure that the business meets all local regulatory and legal requirements to operate in the UAE.
Services:
- Preparation of legal documents, including Memorandum of Association (MOA), Shareholder Agreement, and Articles of Association.
- Assisting with the notarization process and submission of documents to government authorities.
- Ensuring compliance with local labor laws, insurance, and other regulatory requirements.
Outcome: Full legal compliance for the new business with proper documentation.
6. Bank Account Setup
Objective: To assist with the establishment of corporate bank accounts for business transactions.
Services:
- Helping businesses choose the best bank based on their needs and business activities.
- Assisting in the documentation and application process for opening corporate accounts.
- Providing guidance on banking regulations and requirements specific to the UAE.
Outcome: A functional corporate bank account, allowing businesses to handle financial transactions smoothly.
7. VAT & Corporate Tax Registration
Objective: To ensure that the business is properly registered for tax compliance under UAE VAT and Corporate Tax laws.
Services:
- Assisting with VAT registration for businesses with taxable supplies exceeding the registration threshold.
- Providing guidance on VAT compliance and reporting obligations.
- Corporate Tax registration for businesses with taxable profits above the threshold.
Outcome: Tax registration and compliance, ensuring that the business adheres to local tax laws and avoids penalties.
8. HR & Payroll Setup
Objective: To help businesses set up HR systems and payroll to manage employees effectively.
Services:
- Guidance on labor laws and employee rights in the UAE.
- Assisting with employee contracts, benefits, and payroll processing.
- Setting up systems for compliance with social security, insurance, and employee welfare regulations.
Outcome: A compliant HR and payroll system for effective employee management.
9. PRO Services
Objective: To help mainland businesses secure local sponsorship (if required) and handle all government-related paperwork.
Services:
- Assisting with finding a local sponsor for mainland businesses (if required).
- Providing PRO (Public Relations Officer) services for government paperwork and approvals.
Outcome: Full support in obtaining the necessary local sponsorship for mainland setups, ensuring all legal and regulatory steps are completed.
Why Choose FTH Consultancy for New Business Setup?
Expert Guidance: Our team of experts is highly knowledgeable about UAE business laws, regulations, and best practices, ensuring a smooth setup process.
End-to-End Service: From business registration to setting up your office and banking, we offer a complete package for business setup.