Jumeira’s Business Consultancy Services

Jumeira consultants offer professional, cost-effective business consulting services that include Business set-up in Free Trade Zones, Company Formation Procedures, Trademark Registration, Logo Registration and Liquidation of Companies.

Jumeira also makes arrangement for Business Finance, Preliminary preparations for business set up, Legal and Financial assistance, Operational Planning and construction of strategies, Equipment and personnel staffing for setting up business in UAE. We, at Jumeira Consultancy are highly regarded for our efficient and strategic approach in completing the licensing procedures and obtaining licenses.

We, at Jumeira we provide complete information on rules, regulations, advantages and disadvantages of company formation in UAE. There is no taxation levied on capital and profits, easily convertible currency, full return of capital and profits, no foreign exchange limitations, quicker business set up and assured economic growth are some of the key benefits for which foreign investors opt for Dubai business incorporation.
Our array of Business Formation Services includes carrying out procedures for Commercial Licenses issued for Trading business, Professional Licenses that are issued for craftsmen and artisans. Other licenses are Industrial Licenses for establishing industrial or manufacturing activity. We promptly complete the required documentation to the Dubai Economic Department which is the authority to issue these licenses.
Jumeira consultants provide trouble free legal and documentation services at reasonable pricing. Companies opting for Free Trade zones are exempted from legal expenditure and are asked to deposit a nominal registration fee that is as low as 5,000 Dirham currently.

Business formation as an LLC is a most common form of UAE company incorporation procedure. Clients can obtain a UAE trade license from the government. Along with trade license client can obtain local visas, office premises on lease and they can open a local corporate bank account in UAE. Industry License is necessary for establishing industrial or manufacturing Business which is issued by the UAE Economic Department.

Jumeira can provide all the necessary support and assistance regarding company formation in Dubai or anywhere in UAE. Without physically present in UAE, you can set up a business as our expert services are methodical to ensure that no errors occur.

Our multi-professional business formation assistance team delivers a combination of business advisory and consulting services, transaction support and project management support for internal investments.
Our expert consultants guide foreign investors at the pre-investment stage by providing advice on entity formation and ensuring regulatory compliances. We also assist in location planning, real estate support and personnel recruitment to save resources and time. Post the business incorporation; we also assist the client in local routine tasks in the initial stages of business operations as it is an unfamiliar location for them.
Thus, by our expertise proven methods in offering services allow the client to save management time in dealing with regulations, customs, business practices, operational issues, etc.

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Joint Venture Company formation in Dubai

According to the article 56 of the UAE Federal Law No 8, Joint venture is a way of company formation UAE that includes two or more partners for carrying out a single or multiple businesses by one of the partners in his own personal name. A joint venture is a contractual agreement between a foreign party and a local party licensed to operate in the desired commercial activity. The local equity participation in the joint venture must be at least 51 percent, but the profit and loss distribution can be prescribed.

There is no requirement for a license of the joint venture or publish the agreement. The foreign partner deals with third parties under the name of the local partner who partially owns the joint venture. He also bears all liability. In practice, joint ventures are seen as offering a suitable structure and environment for companies that work together on specific projects.

A joint venture is an effective way to broaden your customer base for an affordable investment. Joint venture allows two or more companies to benefit from one another, in terms of customers, sales and profits.

Despite the popularity of JV partnerships, many business owners are still unsure of what a joint venture partnership looks like. This article will discuss about the JV partnership in detail.

Choose the right partner for your joint venture

Related Companies come together and form joint ventures if they offer related but different products or services. It is very important to find a company that caters similar customer base so that you can build your product together without competing with each other. Consider the industry you are in, and then find other opportunities within the industry that offer products or services that are totally vary from the ones you offer. Such a company will be ideal for a joint venture.


An agreement based on contract

Once you have decided upon a JV partner to work with, it is important to design a contractual agreement that will unite both companies to the terms and conditions of the partnership. Make sure the terms are clearly mentioned and defined, including the duration of time that the partnership will remain in existence. It should also elaborate on the sharing of the profits. Both parties should sign the agreement and save a copy for their records.

Goal of the JV

JV partners usually share a common goal for their partnership that involves tapping of customers to promote sales. The goals of the partnership should be the same and each party should have a thorough knowledge and understanding of how their individual activities and plans contribute to the goal of the partnership.

Shared Profits and common Management
In most cases, a joint venture will assure shared profits and individual control over the partnership. To reach this decision of sharing, it is important to have accurate accounting practices in the JV Company to account for the profits achieved through the joint venture. The contract should also state the responsibilities of each partner in managing the partnership company. Usually these responsibilities are shared equally among both the parties. With a common goal, it is much easier to track the success of the partnership through the shared profits and losses and accounts.

A joint venture can have many beneficial aspects based on what the partners want to achieve. However, most JV's will consist of these common components if they are to be fair and successful for all businesses and partners involved. If you are planning for an offshore joint venture you may need an experienced consultant’s help whether it is to chose your JV partner, or set up a JV company or the accounts maintenance and auditing. UAE is one of the most popular destinations for joint venture companies and especially Dubai has a lot of facilities that make it suitable for Joint venture company formation. There are many professional business consultants who can help you with the whole process of joint venture company formation in Dubai.

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Article source:
http://goarticles.com/article/Joint-Venture-Company-formation-in-Dubai/4179624/

Free Trade Zones Dubai

UAE has one of the highest per capita incomes in the Middle East, thereby attracting many investors in this region. UAE is generally being associated with oil and natural resources. But there are many more business opportunities there. The governing bodies of the emirates that form the UAE develop world class infrastructure and foreign investment policies and schemes that make locations such as Dubai most popular business hubs in the world.

A free zone is a portion of defined and specific infrastructure, with a special tax rules, customs and imports regime, usually meant for foreign investors who do not belong to the UAE business region and scenario. Free Zones provide the required infrastructure and incentives to the investors who wish to set up a business in the free zone.

There are many free zones that have been developed in the UAE. Some of them being Dubai Airport Free Zone, Hamriyah Free Zone, Dubai Internet City and Jebel Ali Free Zone. Some of the benefits of incorporating a business in UAE are

·         100 % foreign ownership

·         Exceptional infrastructure

·         Facilities such as warehouses, industrial parks and office premises

·         Repatriation of capital & profits and no corporate taxes

Thus these Free Zones comprise of modern business models that provide access to the technology and infrastructure to a present day business that has to be competitive to stay in the race.
The major free trade zones in Dubai are

• Dubai Airport Free Zone (DAFZ)
• Dubai Car and Automotive City Free Zone (DUCAMZ)
• Dubai Flower Center Free Zone
• Dubai Gold and Diamond Park
• Dubai Health Care City (DHCC)
• Dubai Industrial City (DIC)
• Dubai International Financial Centre (DIFC)
• Dubai Internet City (DIC)
• Dubai Knowledge Village (KV) (DKV)
• Dubai Media City
• Dubai Multi Commodities Centre (DMCC)
• Dubai Gold and Commodities Exchange (DGCX) - part of DMCC
• Dubai Silicon Oasis
• Dubai Technology and Media Free Zone (TECOM) - includes DIC, DMC, DKV
• Economic Zones World (EZW) - includes Techno Park, Dubai Auto Zone, International, JAFZ
• Jebel Ali Free Zone (JAFZ)

Jebel Ali Free Zone, the first free zone in the UAE, was established in 1985 to coincide with the inauguration of Jebel Ali Port, the world's largest man-made harbor. It is strategically located between the Jebel Ali Port, and the Jebel Ali Airport, both known for their large capacity for freight transfer. This free zone has grown to a huge micro-economy that houses 6000 companies, 150 of which have been listed among the Fortune Global 500.

The Dubai Airport Free Zone is also an ideal choice for international branch offices and entrepreneurs. This has been built with a state-of-the-art technology and infrastructure, such as optical Fiber Optic networking. It also has access to a large number of consumers; most of them being from different parts of the world .It is predicted that 60 million commuters might pass through Dubai International Airport by the next year.

Both of these zones offer a wide range of amenities such as superior quality offices, storage and warehouses with the capability to be converted into an assembly factory. They also offer assistance to the entrepreneurs to design their business models, to find suitable business partners within the free zone, and consultation support.
All of these zones offer tax exemption for entrepreneurs and investors who wish to incorporate offshore business incorporation.

company formation dubai | Dubai incorporation services

Article source:
http://goarticles.com/article/Free-Trade-Zones-Dubai/4179218/