Dubai Archives - BOLLYWOOD SURKHIYAN

Dubai – Full of Life, Entertainment and Lots of Opportunities for All Nationalities

Dubai being the world renowned place for tourism, investment, job opportunities etc! There is a lot one can say about Dubai, but feeling the excitement is different and that cannot happen unless you visit Dubai once in a lifetime. There is a lot to do in Dubai if you are visiting the place just for fun. Accommodation in DXB is not a problem, there are a bazillion hotels round the corner at every street you walk down. Furnished hotel apartment’s are comparatively cheaper and a better place to live in and gives you a homely feeling as well.

My personal experience of staying at Imperial Residence Hotel apartments was just great! The environment was just great with the housekeeping staff just being overly courteous with the best of the customer services & of course the pricing was just within my budget, 270 AED per night for fully furnished one bedroom apartment! Isn’t that just too great? Living in Hotels is just not a good idea because you will have to pay extra for every single facility you use such as Laundry, tea etc, at hotel apartments you will get a furnished apartment with a installed equipments like washing machine, microwave, electric grill, etc. So it will just be your another home in DXB giving you the best of the feelings. I strongly recommend Imperial Residence hotel apartments to travelers planning a trip to Dubai. The best part about Imperial Residence is that it’s just 5 minutes walk away from the shopping area and the Metro station as well as all the clubs for party people! Giving you all the options just a walk away.

Dubai whole heartedly welcomes travelers from round the globe be it India or Uganda, Dubai is the place for you! Be it a fun trip or a business trip, Dubai welcomes you and is the best host country for any traveler. Getting a visa to Dubai is not a problem, for some countries Dubai visa is available upon arrival such as American citizens don’t need a visa prior to travelling to Dubai. There is a lot to do in Dubai such as, Desert Safari – the most renowned adventure to do offering free drinks, BBQ dinner, ride through deserts with dune bashing and the very best of the belly dance! What more would you want? There are quite a lot of malls which are definitely worth visiting such as Mall of Emirates, Dubai Mall etc. The newly built Burj Khalifa – the world’s tallest building is now the best attraction for tourists. The building is prominent from any corner of the city, you can view the building and the lightings and the view is just amazing. Visiting that place is not costly and the view from the top floor of the building of Dubai is just fantastic, Worth visiting! Apart from malls, movies, desert safari, city tours, Dubai’s night life is definitely the best offering a all kind of beat’s to move your step’s on with a wide variety of drinks to drive you crazy. The most happening clubs are but not limited to Keva, Elegante and many more!

Dubai welcomes all nationalities for employment opportunities, if you want to take up a job in Dubai, thoroughly go through Khaleej Times classified & appointment’s page to find yourself the best job! Visit Dubai once for a month or more and keep dropping your resume with the most recent passport size photograph and a copy of all your educational documents and certifications at different organizations, I am sure of you getting a quick response from employers soon! There is a constant need of man power in Dubai and all nationalities are more than welcome, you just need the right move and luck to be on your side to find yourself a suitable place.

There is a lot more to know about Dubai, this is just a bit of it! Visit in person and feel the excitement yourself; there is no other place like Dubai, Racism free, cheaper beyond imagination with a lot of opportunities to be explored! Enjoy.

Basic Steps to Set Up a Business in Dubai

Are you thinking of starting your business in Dubai? Congratulations, you have chosen one of the best business ecosystems in the world for your new endeavor. Dubai is more than mere a city of architectural marvels- it is one of the most fertile grounds for new businesses. This is just one of the many things that make the commercial capital of UAE the best place to live and work. And as for starting up a business here, there’s no question that there’s a lot of potential to be tapped here in Dubai. So, if you are eager to set up your own enterprise, this article will help explain what you need to know and do to get your company registered and off the ground.

We have equipped this article with necessary links to guide you about the process and documentation required. Take a good look at the below before you kick off the actual process- the good news, though, is that on average, if you are ready with all required documents, it takes less than 10 days to start your company in Dubai. So, let’s start!

But before you start your legal formalities, you need to consider some elements required in the process:

Know your business

The success of a great business venture depends on sound knowledge of the local region, thorough research into the viability and demand for your product or service and a credible business plan that is likely to attract investment partners.

Yes you have a great idea, but is there a demand for what you are offering? What does your competition look like and what puts your business offering a notch above the others?

Select a Location that optimizes suitability, convenience, and costsAnother important step in planning a business startup in Dubai is to determine the most suitable location for the business. Setting up a profit-based enterprise in the city wouldn’t do you much good despite the growing economy if you’re customers or clients can’t reach you.You need to set up your business in an area that is most profitable for your business or most convenient to your business. A location in the right city can be selected for a shop or an office is most known for the type of product or service you are dealing with.

If you are planning a Free Zone company then you must make the selection based upon the criteria of distance, costs and if it is suitable for your product, business model, and trade requirements.

A tenancy contract must be concluded. If you’re aiming to start a small-scale enterprise, then the basic amenities, like telecommunication, storage, and space inside the establishment is the basic concern that must also be satisfied. Other services available in the commercial property can vary greatly.

Financial viability

Once you business is registered, the Ministry of Commerce will require owners to show proof of financial investment. If you are new to the region and have no track record, you must be prepared to find your own financial resources through your bank or by other means rather than relying on local support.

Once you have established the validity of your concept, from a marketability stand point as well as financial viability, you can now look at the steps for turning your idea into a booming business.

UAE Commercial Companies Law and Federal Law define seven basic categories of business organization that can be established in Dubai and the UAE. The requirements for minimum capital levels, shareholders and procedures for incorporation will vary with the type of business structure.

Changes to Foreign Ownership and Visa Rules Announcement

Anyone coming into the UAE as a professional or as an investor is typically granted a residence visa of two years, which is renewable. This has now been changed to a ten-year visa for investors and professionals in highly skilled fields such as engineering, medicine and science. Students will be given a special five-year visa, while those who consistently perform well and earn top grades will be granted a ten-year visa as well.

Another very significant change is in the ownership of companies.Businesses within the UAE are divided into two main categories: mainland businesses and freezone businesses.

At present, mainland businesses can be partially owned by expatriate entrepreneurs, but must have a UAE national as a majority shareholder in the company. Freezone companies, on the other hand, can have full foreign ownership and are subject to separate regulations depending on the freezone.

With the new regulations, every business, whether mainland or freezone, will be able to have 100% foreign ownership without the need for an Emirati partner.

Confirm your Visa eligibility and requirement

For a business startup in the UAE, a visa permitting you and employees to live in UAE is essential to run your business.

Visas are allowed for almost all businesses.

However, their number varies according to a variety of criteria such as the size of the office, nature of the business, the category of the employee or the investor.

Documents Required for LLC

Investor’s passport copy

Local Sponsor’s passport copy

Manager’s Passport copy

Registration application form from Economic Department

Trade name reservation

Initial approval from Economic Department Tenancy contract for the Office/warehouse or showroom attested by planning department and civil defence department of Dubai municipality along with location plan.

Memorandum of Association duly attested from public notary.

Documents Required for Professional firms

Parent Business formation certificate duly attested from the UAE embassy in the home country of the parent organisation.

Board resolution for establishing a branch and to appoint the manager for the same

Attested copy(from UAE Embassy) of organisation memorandum / articles of association

Financial statements for the last two years

Local service agency agreement duly notarised in the UAE courts

Passport copy of the local service agent

Passport copy of the Manager

Company profile

NOC letter in favour of the Manager from the sponsor, if he is a resident of the UAE

Company Registration in Dubai, UAE

Businesses of any category operating in the UAE must have a license for registering into the business network of the country. Company registration in UAE requires a trade license and permission from different law enforcement agencies and the state government for setting up your business. Company registration in Dubai for businesses like financial services, food, health services, printing and publishing requires a lot more clearance than any other business.

Company registration in UAE falls into following three categories depending on the nature of your business:

Company Registration in Dubai, UAECommercial License – This license is issued to those companies who are just looking for trading business activities.

Industrial License – This license is for those companies who will engage in manufacturing or other industrial activities.

Professional License – This license is issued specifically for different service providers, artisans, craftsmen and other professionals.

For the company registration in Dubai, the Department of Economic Development (DED) of UAE issues the required licenses.

Get a License Notification

There are many complex requirements associated with the issuing of the business license. The company registration in Dubai for financial services must need the approval of the Central Bank of UAE. The license for the manufacturing companies requires approval from Industry ministry of UAE. Similarly, the medical service providers require approval from the Health Ministry of UAE.Once the necessary documents are obtained and formalized, the initial application process will begin at the relevant issuing authority along with registering the company’s formal name. This crucial stage paves the way for clarification of the final fees and the final acceptance of the company’s proposed activities.

Hire a registration agent to take you through the process of business startup

Hiring a business advisory firm to register your business startup may be your best option.

These consultants will not only hold your hand right through the setup process but will also actually register the company for you. And will help with opening your bank account, arrange for an auditor, do your renewals and offer you nominee services.

You may find their expertise in dealing with the local government bureaucracy and with Free Zone Authorities to be of great help in planning and itemize your business startup costs.

In most cases, these firms offer a team of experts to plan out your company registration from scratch – this includes the strategies you need to follow in order to smoothly set up your business, itemizing potential costs, offering licensing and location options, coming up with solutions for potential business hurdles, and so on.

Also, they will take care of all the necessary requirements to help you to have your business registered legally with minimal problems on your end.

If you are looking for trading in any of these industries in Dubai or any other, then we can give you the best advice for your company registration in UAE. For more details visit: http://www.namaccountants.com/ or Contact us: 971-558876440

Dubai Can Be Real Hot And Cool Both

There is more about Dubai you should know apart from its breathtaking skyline and the trade and commerce. Specially, if you were about to finalise a travel plan to one of its famous sea beaches. Things like the law, political system, weather and traffic congestion are some of the key areas that require attention. This article gives you an account of the same important issues before you embark on with your much awaited sojourns.

Historical Background

Dubai was one of the first emirates to join the UAE, a unified group of seven Muslim majority states, when the British forces finally left the Middle East in 1971. The area is surrounded by Saudi Arabia and Oman and the shorelines unite with the Persian Gulf and the Gulf of Oman. A Supreme Council of Rulers is the governing body of the United Arab Emirates. This council consists the seven ruling Emirs as its members, who in turn appoint the Prime Minister and the various Cabinet berths for the federal government. Note that while the Supreme Council of Rulers has overall control of the complete UAE, Dubai is famous for the high level of autonomy that it maintains as far as its local development issues are concerned.

Normal Weather

Since the Emirate of Dubai is in the Middle East, the climate is naturally sub-tropical and what you might expect from a desert in the neighborhood. This is good news in terms of clear skies all the year. There is very little rainfall and most of it takes place during the winter season. Temperatures follow an extreme trend with the daytime temperatures of summer touching the 48 degrees Celsius, and the winters the 10 degrees Celsius marks. January is the coldest with an average temperature of around 24 degrees Celsius, while the hottest month of July may report back an average of 41 degrees Celsius mark.

Population Estimates

The United Arab Emirates constitutes a population comprising that of the ethnic Arab community and a huge number of expatriates from India, Pakistan, East Asian countries, United States and the members of European Union. The region has been witnessing an insessent inflow of the expatriates due to the ongoing trade and commerce activities, and this can be visualized through its sharp rise in population since 1995. It shot up to 3.1 million in the year 2000 from the 2.4 million mark in 1995.

The population registered in the case of Dubai was 689,000 and 862,000 in the years 1995 and 2000 respectively. Most of these counted people reside within the urban areas of Dubai, while a tiny fraction prefers living on in the neighbouring countryside farms.

Language, Holidays, Local Time and Religion

Arabic is the official language of UAE, but also spoken are some other languages. English enjoys being the medium of communication in the majority of trade and commerce activities, while Hindi, Urdu, Malayalam and some other dialects are spoken by the expatriates from India and Pakistan.

Dubai’s standard time runs four hours ahead of GMT and keeps unchanged through out the twelve month period. It runs one and one and half hours behind the Pakistan and Indian standard times respectively.

Islam is the official religion of all Arabian countries including the UAE. Dubai is no exception either in this context. As a result, the Muslim holidays and festivities assume a very significant role in its normal life. These holidays may keep varying from one year to another as per the Islamic calender.

Visa Issues and Transportation

Visa rules can vary for the travellers from different nations. Citizens of the western block of nations may walk out of the airport with a visa on their arrival. Visitors from the rest of world are not allowed the same kind of luxury though. Those who may be looking forward to carrying on with their business activities will have to get somebody local sponsorship first.

Buses and taxis are available for the transportation within Dubai, but it may not prove sufficient to those who may have plans of going outside of the city area. Hiring private vehicles is a much preferred option for this reason these days. Roads in and outside of Dubai are advanced in nature, but the general traffic sense may not prove out to be that much appealing. Be wary of driving on Dubai’s roads, if you were not fully aware if its existing traffic hazards, like the disorderly driving on the roads within and the wandering camels off the city limits.

Dubai’s government has initiated some steps recently to improve upon its general traffic scenario. There are several projects planned to carry out this task, including a floating bridge over Dubai Creek, upgrading of the First Interchange with a three-tier interchange, the Dubai Outer Bypass Road and the Sufouh Roads Network etc.