FAQ’s
FREQUENTLY ASKED QUESTIONS
Do you have questions about EBMS entrepreneurship or anything about doing business in the UAE? Check our FAQ below to find the Answers you need.
Frequently Asked Questions
About EBMS
General
Processess
Free Zones
Mainland
About EBMS
When did EBMS Business Form ?
EBMS Business was established in 2015 as the Business Setup Consultant in the UAE.
What Languages can we Speak ?
Our International team members can speak over 10 languages including English, Arabic, Russian, Spanish, Tagalog, French, Urdu, Hindi, Nepali and Bangla.
Which Authority does EBMS Business work with?
EBMS Busines help with business setup across more than 20 Free Zones Authority with Mainland and Offshore Company formation.
What is the Motto of EBMS Business?
As of yet, EBMS Business has formed 10,000+ Companies in the UAE with tailored Solutions as per the customer’s needs, and the Company Seeks to provide business Solutions to the Customer’s Problem.
What is the easy way to get in touch with EBMS Business?
You can reach us at +97155 174 5764 or send an email to [email protected].
Where you can find EBMS Business?
Our office is Located in:
Park Place Tower – Office No 401 Sheikh Zayed Road – Trade Centre – Trade Centre 1 – Dubai, United Arab Emirates
General
What about the next step to start a business once you are in Dubai?
If you are looking to start a business in Dubai, the first step is to choose your activity like what business you want to start in Dubai accordingly you have to choose the legal structure and other things. To run your company formation process easily and smoothly you should consult with a business setup consultant in Dubai.
How can I trust the business setup consultancies in Dubai?
When you’re looking for a business setup consultancy in Dubai, it’s essential to find a trustworthy one. Begin by evaluating their reputation, licensing, and client references. Make sure they offer transparent pricing, personalized consultation, and a physical presence. Effective communication, a robust professional network, and adherence to legal compliance are also crucial. Conduct thorough research before making your decision, keeping in mind that business setup consultancies act as channel partners with authorities such as Mainland and Free Zone.
What should I do after arriving in Dubai if I want to start a business?
After landing in Dubai, conduct thorough research on the market and legal requirements, create a business plan, select a legal structure, obtain necessary licenses and permits, choose a business location, register your business, arrange for business setup services, open a corporate bank account, obtain visas and work permits, and set up your office to begin operations.
What are the different legal structures available for starting a business in Dubai?
Dubai offers various legal structures, including mainland companies, free zone companies, and offshore companies. The choice depends on your business requirements and objectives.
Can I get assistance with the business setup process in Dubai?
Yes, you can engage with business setup consultancies or PRO service providers who specialize in assisting with paperwork, translations, government liaison, and administrative tasks involved in the business setup process.
Can I start a business in Dubai if I don’t know Arabic?
Obviously, you can start your business in Dubai if you don’t know Arabic. UAE is a tourist attraction and a business hub of the World. Here, people come from every corner of the world irrespective of their Language and Culture.
How can I get a bank Loan in Dubai?
For Business, you can avail of the Loan from the Bank in the UAE. There are some criteria specified by each bank.
Is it possible to get a Business License in Dubai and Start a business in a month ?
Absolutely, it is possible to get a business license and start a business in a month. Rarely it happens that the process is delayed.
Can I start a Business in Dubai without the Business License ?
No, Without a Business License, It is not possible to start a business in Dubai legally.
Processess
How do I apply for a trade license in Dubai?
1.Determine your business activity and Choose the Company Name.
2.Decide on a legal structure.
3.Find a local sponsor (if applicable).
4.Secure a suitable location.
5.Prepare necessary documents.
6.Submit the application and pay fees.
7.Collect your trade license.
What Documents are required for a trade license ?
1. Completed application form
2. Passport, Visa, Emirates ID Copies.
3. No-objection letter from the sponsor (if applicable)
How long does the processing of a trade license take?
The processing time for a trade license can vary depending on several factors usually, it takes up to 1 week.
What are the fees associated with obtaining and renewing a trade license in Dubai?
The fees for obtaining and renewing a trade license in Dubai can vary based on the license type, business activity, and other factors.
How long is a trade license valid in Dubai and how can I renew it?
Trade licenses in Dubai are typically valid for one year. To renew your trade license, you need to submit the renewal application along with the required documents and pay the renewal fees before the expiration date.
What documents are needed to apply for a new visa?
The following documentation is required to apply for a new visa:
1. The completed and signed visa application form
2. A copy of your passport (valid for 7 months and with three blank pages)
3. Documents proving current visa status
4. A copy of the company’s valid license
5. A duplicate of the valid Establishment / Immigration card
6. A signed employment agreement
7. A copy of a university diploma (attested and translated, if applicable)
8. Photographs for passports (white backgrounds, passport size, and high resolution)
Free Zones
What is a Free Zone ?
A free zone is like a special area in a country where businesses can get special benefits. These benefits include things like not paying certain taxes and having easier rules to follow. Businesses in free zones can be owned entirely by people from other countries and they can enjoy advantages like not paying taxes and using modern facilities.
What are the few free Zones in the UAE ?
The United Arab Emirates (UAE) has several prominent free zones.
1. Sharjah Media City (SHAMS)
2. Sharjah Publishing City (SPC)
3. Ras Al-Khaimah free zone (RAKEZ)
4. Sharjah Research, Technology, and Innovation Park (SRTIP)
5. Jebel Ali Free Zone (JAFZA)
6. Meydan Free zone
7. Ifza Free zone
Can I relocate my business to another free zone?
Transferring your firm to a different free zone is not currently available. However, you can establish a branch of your existing business in a separate free zone.
What are the advantages of establishing a business in a UAE free zone?
Setting up a business in a UAE free zone offers advantages such as tax exemptions, 100% foreign ownership, repatriation of profits, simplified procedures, access to modern infrastructure, and business-friendly regulations.
How can I register a company in a UAE free zone ?
To register a company in a free zone in the UAE, you need
1. Determine the Business Type
2. Select a Business Name
3. Prepare the Required Documents
4. Submit the Application
5. Obtain Initial Approval
6. Pay Fees and Capital
7. Obtain Licenses and Permits
What do I need to open a bank account in the UAE ?
To open a UAE bank account, you must furnish the following documents:
The original business documents provided EBMS Business
Resume of Directors and Shareholders
A business synopsis
Additional documentation may be requested as well.
Mainland
What is Mainland in the UAE ?
Mainland UAE refers to the areas where businesses and individuals follow the general laws and regulations of the UAE government. In the mainland, there are ownership restrictions, and local authorities enforce licensing rules.
What are the Mainland in the UAE ?
1. Abu Dhabi
2. Dubai
3. Sharjah
4. Ajman
5. Umm Al Quwain
6. Ras Al Khaimah
7. Fujairah
Can foreigners now own 100% of Mainland companies ?
Yes, foreigners can now own 100% of mainland companies in the UAE under certain conditions.
Can my local partner take over my company ?
At EBMS Business, we provide guidance on company structuring to help you maintain control of your business. Our expertise ensures that you are properly structured to prevent any loss of control.
Can I still totally control my firm if I have a 51% local partner?
Yes, it is possible in some cases.
Are there ownership restrictions for mainland businesses in the UAE ?
Yes, there are ownership restrictions on the mainland. In general, a UAE national or a firm solely owned by UAE nationals must own at least 51% of the company.
What are the advantages of operating a mainland business in the UAE?
Mainland businesses have access to the local market, can operate throughout the UAE without limitations, and have the potential for a broader customer base.
What are the main types of mainland business licenses?
The main types of mainland business licenses include commercial licenses, professional licenses, and industrial licenses, depending on the nature of the business activity.
Can mainland businesses operate in free zones in the UAE?
Mainland businesses can operate in free zones through a branch or subsidiary, but they must comply with the regulations and restrictions of the specific free zone.