Dubai trade mark registrations

There are many steps involved in a company formation process. Initially, you must decide on a company name and register it. Once your business is set-up, you have to design a logo for the company. Another key aspect is the registration process for your company's trademark.

A trademark is a form of intellectual property that is valuable. Trademarks are unique indicators that all businesses or legal entities require to make their consumers identify their products or services. A trademark enables a company to distinguish its specific products or services from others. It may contain a word, a name, phrase, logo, design, symbol, image or a combination of two of these components or more.

Trademarks are important because they provide exclusive right to the owner to use, promote their products and services while distinguishing their products from others in the market. The owner can also authorize another business to use the trademark in return for payment. Trademarks can become a very effective and efficient marketing tool for new entrepreneurs who wish to make their presence in the market and establish themselves as a highly regarded company. Moreover, trademarks can help you increase your publicity in the marketplace and set you apart among your competitors. If you have registered your trademark, you can track any trademark infringement which means you can sue the company that uses your trademark logo or any component without authorized permission. Lastly, trademarks are intangible assets that can tremendously increase the value of your business in case of resale at a later point of time.

When you register your trademark in the UAE, you have to register it in all the seven states of Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain.

The procedure to register your trademark

Jumeira consultants specialize in fulfilling all the legal requisites related to UAE business formation. Our in-house legal experts and business consulting professionals have the adequate level of expertise to execute the trademark registration process accurately and to ensure clients get the best possible results.

1. Jumeira consultants conduct comprehensive research to make sure that there is no conflict associated with your proposed trademark. We use the best approach to register your trademark to increase the chance of a successful implementation of your trademark.

2. Jumeira works closely with every client and the UAE Trademarks Office, to ensure your trademark is registered accurately, reflecting the nature of goods and services you offer to customers. We ensure you apply for the correct trademark category and your trademark represents the category specific goods or services. You may have to pay a certain amount towards application and registration process to the concerned authorities.

3. Once your application is submitted, your trademark will be advertised in official trademark journals by the UAE Trade mark authority. You must have paid your publication fees prior to this. According to the revised new rules, applicants will have a 30 day period to pay publication fees and if they fail to do so, the trademark application will become invalid.

4. The registration process will begin if there are no objections raised after the publication. On an average it takes 18-24 months to complete the trademark registration process. The registration is valid ten years. Beyond that, it may be renewed for a subsequent ten years.

uae business consultants | dubai company formation | uae incorporation services

Jumeira - Company formation Experts

Setting up a business in Dubai or the UAE requires detailed analysis of the market and the procedures that have to be followed in the company formation process. A business consultant can easily assist you with this because they are well aware and knowledgeable about Dubai company formation or anywhere in the UAE for both individuals and corporate clients. Their expertise in performing market analysis, devising corporate structures, business plans, conducting feasibility studies and perfect legal documentation skills for approval from the authorities assist you to successfully proceed with UAE company incorporation. Jumeira Consultants are one such Successful premier company formation consultants who offer end-to-end solutions for your business set up in Dubai or anywhere in UAE.

In Dubai and the UAE the rules and regulations are modified periodically. We are always in-line with the socio-economic policies in the UAE and plan your business set up according to the changes made in the policies.

Corporate and Entrepreneurs wish to expand their business ventures across the world for better prospects. UAE is one of the most conducive destinations for business incorporation due to the numerous benefits it offers such as tax benefits and world class infrastructure and political – economical stability.

There are many sectors that are flourishing in the UAE that include Oil, gas and energy, Real Estate, tourism , investment, finance and banking. Jumeira consultants can help you start up your business in Dubai and UAE in any of the above mentioned industries. From offering the best choice of location and the type of incorporation such as a LLC or Professional Company or a free trade zone to obtaining professional license, foreign branch office and franchise , Jumeira can provide you with valuable suggestions and assistance. Since we work with reputable clients and investors, we can also help you with funding and financial assistance.

There are numerous reasons for which you can open up a business entity in Dubai or UAE. By taking the advantage of excellent economic growth in Dubai and the UAE you can save on taxes, enjoy complete ownership in case of a free trade zone company and make use of the state-of-the-art infrastructure. Statistics show that the GDP will be $54,500 [AED 200,015] per capita (Economist Intelligence Unit) by 2011. This growth rate can be capitalized by starting your operations in Dubai or UAE. We provide you with all the detailed reports of your business forecast enabling you to make appropriate decisions.

We are authorized and registered agents with the Government of Dubai. Apart from that we are also the authorized agents of Ras Al Kahima for the incorporation of offshore companies. We are also registered agents for Jebel Ali Free Zone Authority and work with many of the 39 free zone authorities throughout the UAE

dubai company formation | uae incorporation services | uae incorporation services

Role of a Business Advisor

A business advisor helps support new and existing businesses. They can provide the expertise and knowledge that is needed to clarify business ideas, point out relevant facts and legalities, and assist the client decide if a business plan is viable.

The primary task of a business advisor is to provide advice and support to a start up business, which is very important to its survival and success, especially in the beginning of development. At this stage the business is at risk of losing a sense of proportion. Essentially, a business advisor is impartial and objective in approach, and can help to obtain a more realistic assessment of the prospects for the business. An advisor can guide a business find its own solutions as they can predict the potential risks involved. They can help the prospective entrepreneur gain the necessary skills and confidence to go about with the business. The experience of a business advisor can be applied to most clients’ situations, especially knowledge of the local area, personal contacts, key business markets and the status of the local and global economy. For instance, a start up business may not have any previous management experience. A business consultant or an advisor can draw a successful business plan using proven tools and methods of business analysis.

Key areas of business consulting includes finance and accounting, legal requirements, personnel management, designing and developing business identity and products, utilizing new technologies and traditional methods for popularizing services or products, exporting goods and services, environmental management, marketing and sales. A business advisor generally can access numerous resources such as loans acquisition , authorities providing legal approval , training on specific functions or products and many more.

The Business Advisor usually has to gain an overall understanding of the firm being planned or started. This includes getting acquainted with the type of business, types of products and services, capital structure, related parties, and compensation methods. He should also consider the factors affecting the industry in which the business entity operates, such as economic conditions, government regulations, and technological advancements. During the analysis, such information helps the business advisor to

1. Identify the areas that may need specific attention.

2. Assess conditions under which market analysis is performed and reviewed

3. Evaluate estimates for expected profits, such as valuation of assets, profits based on markets, boosting up revenues by marketing and sales activities and so on.

4. Evaluate the present management policies and suggest proactive changes

5. Make conclusive decisions based on the applied techniques

Knowledge of the business is generally gained through experience through the company or the concerned industry through consultation with the personnel of the entity. Other sources include industry publications, financial statements of other organizations in the industry, textbooks, periodicals, and knowledgeable experts in the industry.

business advisor dubai | dubai company formation | uae incorporation services

Chartered Accountants in Dubai

Today, the services of auditors are required all around the world to run a safe business. Internal audits are a mandatory integral part of a business. Internal audits have to perform a self evaluation procedure as in how an organization works, its processes and the risk involved that may affect the business. Dubai based Chartered accountants who specialize in auditing have worked across various industries and have a vast knowledge of all the business functions. They possess a comprehensive and complete overview of the organization they work with.

Here are few basic functions that are performed by Chartered Accountants in Dubai

1. Dealing the Risk Factor

In every organization there is always a possibility for undesirable outcomes and situations. The Chartered Accountants are well aware of their responsibility to help organizations in becoming proactive and identify the risk. With their vast research capabilities and knowledge of the market and the company scenario they can understand and analyze the trends and find solutions for the risks. By using their extensive experience and ability to evaluate the situations they can predict the risks that may affect the business and opportunities that can benefit business easily. By hiring a chartered accountant in Dubai, you can be free of the difficulties you face in maintaining the records and accounts of your business and streamlining the auditing process for the authorities you are answerable to.

2. Reports and document Submissions

 Accountants maintain records and reports that deal with the company operations. They help you make the best decisions in view of the company’s benefit, thereby ensuring a positive out come of any business venture. They prepare themselves with the complete knowledge about the company and its operations and dealings so that they are able to identify the limitations and focus on scope for improvement. They put to use their findings and the proven methods to make the business grow better.

3. Identifying malpractice and fraud

Being free of malpractice and fraud is very important for a business and especially for and offshore company. It is common practice for the companies to trust their employees completely. Professional accountants and related agencies can also investigate employee behavior and discover malpractices .So it is safe to seek the assistance of a chartered accountant in this regard. If an employee is disloyal, they can prove harmful for the company. Auditors make sure that such employees are detected and dismissed before they cause further damage to the business and reputation.

4. Risk Analysis and Crisis Planning

Additional to identifying the risks, Chartered accountants also help with planning for an emergency and solutions to resolve the situation. For instance they can suggest you a low cost process instead of a tedious and expensive one to overcome increasing costs in a manufacturing company. They can help you device the best possible ways to cut costs and increase production economically. They may also help you in marketing and maintaining the production – sales balance.

For business hubs such as Dubai, it is indeed a best option to seek the assistance of a professional Chartered Accountant to improve your business and flourish.

Dubai company formation | incorporation services dubai

Setting up a business at Free Trade Zone in Dubai

What is a free zone?

Free zone is a segment of well defined and separated setting and infrastructure, with special tax schemes, customs and imports regime, usually beneficial for foreign investors to expand their business by setting up operation centers in these zones.

The primary reason for establishing free zones in the UAE was to serve as a central business hub for companies that intend to establish business for overseas operations and not specifically in the UAE. Companies in the UAE free zones are allowed to operate among the free zone companies for their worldwide operations and are not licensed to operate in the rest of the UAE.

Advantages of a Free Zone

• No taxes on personal gain or capital gains in the UAE
• 100% foreign ownership of the business
• No corporate taxes for a considerable period
• Complete repatriation of capital and profits
• Modern infrastructure and facilities
• No currency restrictions
• Excellent support and consultant services

Facilities available in the free zone

• Land and office premises available on lease for investor development
• Readily built warehouse , factory units and office premises for lease
• Executive office suites
• On-site accommodation for  personnel of the investor
• Transportation links by air, by sea and by road
• Abundant energy at low costs
• Low cost of living and High Standards

How to set up a business in a Dubai free zone?

Each free zone has its own set of laws. You can set up a business in the following ways.

• Branch of a foreign company that is outside of the UAE or a branch of an offshore company
• Free Zone Establishment/Company .FZE or FZC are limited liability companies owned by an individual or a corporate. Free Zone Establishment has only one shareholder. Free Zone Company can have 2 to 5 shareholders. Free Zone Limited Liability Company is an independent company incorporated by an individual and all the shareholders are natural persons. Free Zone Limited Liability Company Corporate (FZ LLC) is a company incorporated by another corporate and the shareholder of the FZC is a company.

Limitations in a free zone

You may have many factors to consider before deciding on a free zone that is appropriate for a new business set up. These factors include location, infrastructure and facilities, licensing process of the proposed commercial activity, and the popularity of a particular free zone.

Dubai has two major Free Zones; Jebel Ali Free Zone and Dubai Airport Free Zone where import, export, manufacturing, processing, assembling, packaging, distribution, consolidation, storage and logistics are the primary functions. Dubai Healthcare City serves as a center for healthcare-related operations, Dubai Media City specializes in broadcasting, advertising, and public relations; Dubai Internet City is dedicated for web-based services, IT support, and software development.

Experienced consultants provide consulting and suggestions on the right choice of a free zone that is suitable for your business activities and take on the full responsibility to complete processes involved in establishing your company in Dubai or any where in the UAE.

dubai free zones | dubai airport free zone

Article source:
http://goarticles.com/article/Setting-up-a-business-at-Free-Trade-Zone-in-Dubai/4179354/