To register a company in Dubai, investors need to hire a corporate service provider to handle all PRO and government liaison works on their behalf. Avyanco supporting the UAE’s core vision of attracting and retaining foreign investments strives to take its corporate services to the beyond level. The leading business setup advisory aims to help investors to set up and operate their businesses in UAE easily and conveniently; and above all, profitably.
UAE corporate law regulates the governance, finance and power of corporations across all emirates through UAE law. In addition, emirates based on their local corporate landscape have their own commercial laws and rules which every business must comply with. Foreign investors interested in establishing their businesses in the UAE usually aren’t familiar with such local rules, regulations and laws. Many times they don’t have adequate information regarding the compliance work they have to follow. Here corporate services play a crucial role in guiding them throughout the entire process.
Jashvantkumar Prajapati, CEO of Avyanco says, “Investors reach out to us when they need someone who can handle all their compliance work on behalf of them to all the government departments. The departments might include Economic Department which acts as a license issuing authority, Labour Department that monitors the workforce in the company and landing work permit, Immigration Department that issue visas to owners, investors, family members as well as employees ”.
“It also includes all external department approvals when potential investors want to set up their businesses in certain sectors like gold trading, medicine equipment trading, jewellery trade and sale and more from the Dubai Police. We help them understand the laws and meet all the essential requirements when establishing their businesses in Dubai”. He further says.
Companies with a large number of employee visas have to manage not only WPS but visa application, modification, renewals, and cancellation as well.Businesses not only have to hire a couple of PROs but payroll managers as well which ultimately results in additional costs. Avyanco as the certified PRO and corporate service provider handles all the corporate processes for companies including attesting Memorandum of Association, filing for government approvals, local service agent agreement, intellectual property registration for the patent, legal documents using public notary, copyright, and trademark, and obtaining no-objection certificates (NOC) from government ministries, and many more other documents.
“Investors who want to open their business in the manufacturing sector will have to obtain approval from the Ministry of Industry UAE. In addition, they will also need approval from the environment department and Dubai Municipality. Avyanco understands that corporate and PRO services act as a backbone for any business operating in any industry. Team Avyanco helps investors obtain business approval as well as licenses and assists them to renew their licenses prior to the expiry date of any document, visa or license to help them avoid heavy fines and penalties," says Business Advisory Consultant at Avyanco, Shweta Singh.
Outsourcing corporate services to a single service provider will help save your precious time, and hard-earned money, comply with the corporate laws and avoid heavy fines and penalties eventually. It is always a wise option to hire a corporate PRO service who can not only provide corporate PRO services and the government liaising work but knows all the rules and regulations, the visa processing, renewal and modification in accordance with the latest rules and laws to help you save your time, money and efforts and have real-time results.