REQUIRED DOCUMENTS CHECKLIST

Finding what documents to prepare can be challenging, but at RAKEZ, we make it easy. Below is the checklist of documents you need based on your business type and legal entity:

  • Guideline for Trade Name Registration (Free Zone entities only)
  • Free Zone FZ-LLCNon-Free Zone IE or LLC
  • Application for Registration and Licensing
  • Application for Chamber of Commerce Membership
  • Application for Registration with Department of Economic Development
  • Visa copy / entry stamp of shareholders, general manager and director (if applicable)
  • Original No Objection Certificate for Shareholder(s) / General Manager (if UAE resident)
  • Family book and Emirates ID of UAE shareholder or local service agent (whichever is applicable)
  • Business plan (Only for specific activity)
  • Colour passport copy of shareholders, general manager, director (if applicable)
  • Emirates ID copy of Shareholders, General manager (if applicable)
  • UBO Declaration Form along passport Copy required. (A UBO is normally an individual who ultimately owns or exercises effective control over the company)
  • Free Zone UAE BranchFree Zone Foreign BranchNon-Free Zone UAE BranchNon-Free Zone Foreign Branch
  • Application for Registration and Licensing
  • Application for Chamber Of Commerce Membership
  • Application for Registration with Department of Economic Development
  • Colour passport copy of shareholders, general manager, director (if applicable)
  • Visa copy / entry stamp of shareholders, general manager and director (if applicable)
  • Original No Objection Certificate for Shareholder(s) / General Manager (if UAE resident)
  • Shareholders / board resolution resolving establishment of a company in RAKEZ and appointment of a general manager
  • Family book and Emirates ID of UAE shareholder or local service agent (whichever is applicable)
  • Business plan (Only for specific activity)
  • Copy of valid trade licence
  • Memorandum and Articles of Association
  • Commercial Register
  • Certificate of Registration
  • Certificate of Good Standing / extract from corporate register (whichever is applicable)
  • Certificate of Incumbency
  • Emirates ID copy of Shareholders, General manager (if applicable)
  • UBO Declaration Form along passport Copy required. (A UBO is normally an individual who ultimately owns or exercises effective control over the company)
  • Free Zone UAE BranchFree Zone Foreign BranchNon-Free Zone UAE BranchNon-Free Zone Foreign Branch
  • Application for Registration and Licencing of a branch entity (“Branch”)
  • Application for Chamber Of Commerce Membership
  • Application for Registration with Department of Economic Development
  • Colour passport copy of General Manager, director (if applicable)
  • Visa copy / entry stamp of general manager and director (if applicable)
  • Original No Objection Certificate for general manager (if UAE resident)
  • Shareholders / board resolution resolving establishment of a company in RAKEZ and appointment of a general manager
  • Family book and Emirates ID of UAE shareholder or local service agent (whichever is applicable)
  • Business plan (Only for specific activity)
  • Copy of valid trade licence
  • Memorandum and Articles of Association
  • Commercial Register
  • Certificate of Registration
  • Certificate of Good Standing / extract from corporate register (whichever is applicable)
  • Emirates ID copy of General manager (if applicable)
  • UBO Declaration Form along passport Copy required. (A UBO is normally an individual who ultimately owns or exercises effective control over the company)
  • Checklist for Obtaining a Legal Consultancy Licence from RAKEZ
  • Letter of Undertaking

UBO Declaration Form

  • UBO Declaration Form

FREQUENTLY ASKED QUESTIONS

New business set-up in the UAE refers to the process of establishing a legal entity to conduct commercial, industrial, or professional activities. The UAE offers several options for new business set-up, including free zones, mainland, and offshore jurisdictions, each catering to different operational and financial needs. The process involves obtaining trade licences, selecting business structures, and adhering to the regulatory framework.

The process for new business set-up in UAE typically includes the following steps:

  • Choose a jurisdiction: Decide between mainland, free zone, or offshore, based on your business needs. Free zones like RAKEZ offer 100% foreign ownership and tax benefits for new business set-up in the UAE.
  • Select business activities: Clearly define the type of business activities you intend to conduct.
  • Determine a legal structure: Options include Free Zone Establishments, Limited Liability Companies, or branch offices.
  • Register your business: Submit the necessary documents, such as passport copies, trade name approval, and Memorandum of Association, to the relevant authority.
  • Secure office space: Choose from flexible office solutions, including co-working spaces, private offices, or warehouses.
    Apply for visas: Obtain residency visas for owners, employees, and dependents

The cost of new business set-up in the UAE varies based on factors such as jurisdiction, type of licence, and facility requirements. Free zones like RAKEZ offer competitive packages starting as low as AED 6,000 for basic set-ups. Costs typically include:

  • Trade licence fees
  • Registration and documentation costs
  • Office or warehouse rental
  • Visa processing charges

RAKEZ provides customisable packages, allowing entrepreneurs to easily manage a new business set-up in the UAE.

RAKEZ business set-up services offer a comprehensive solution for entrepreneurs and SMEs:

  • Simplified processes: RAKEZ handles all aspects of new business set-up in UAE, including trade licences, visa processing, and documentation
  • Tailored packages: Flexible options to suit diverse industries, from e-commerce to manufacturing
  • Strategic location: RAKEZ provides access to global markets via strategic transport hubs
  • Cost-effective solutions: Affordable packages designed to minimise operational costs

Choosing RAKEZ for your new business set-up in UAE ensures efficiency, cost savings, and access to a supportive ecosystem that nurtures business growth.

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Last Updated on 12/29/2019 9:23:05 PM

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