Accounting Services in UAE

Company setup in Dubai

 

We tailor our accounting services to meet the specific needs of each customer. As a result, we keep all documentation up to date so that we can concentrate on the job at hand. We simplified the procedure by breaking it down into three steps:

• Our customers are obliged to provide us with the necessary documentation, which we carefully review once received.
• Because we handle the accounting for our clients, they are free to concentrate on their company.
• On top of all of this, we make sure that we provide our clients all of the knowledge they need to be successful.

HOW COME ACCOUNTING FIRMS IN DUBAI ARE USED?

The UAE Commercial Company required in 2015 that keeping appropriate books of account for at least five years is now a legal obligation. Now that VAT is in effect in the UAE, it is time to submit tax returns and keep books of accounts for a period of up to five years after that.

Organizations have a lot to accomplish, and being compliant with the law while still tracking business goals isn't always simple. Due of this, managing a company's accounting department is a challenge, which is why different organizations in Dubai provide accounting services as an attractive alternative for businesses looking to outsource.

Choosing to outsource your Dubai accounting services to a firm like Business Manthra, which utilizes the most up-to-date accounting software in Dubai, is a smart decision.

Customers select us for expert advice because we are concerned about their requirements and want to help them achieve competitive outcomes by providing the guidance that only our experts can offer.

These are the stages that follow in a methodical process for our services:

• Management reports are produced on a regular basis so they may be examined to see where additional focus is needed.
• In this way, we helped our customers plan more effectively by reducing the inherent risk in their business decisions.
• We let you see your company's success in the same way that competition studies assist you better evaluate business practices and strategies.
• Quartilar VAT returns may be filed successfully.
• The firm's yearly accounts are kept in files.
• Aid in the analysis and improvement of banking relationships by providing help with financial planning.

Company Liquidation Services

Business setup consultants in Dubai

 

In the case of a company shutdown, this is the procedure to cancel a trade license in the UAE. For non-renewal fines to be avoided, a number of processes must be followed to lawfully wind up a company, which may be very exhausting at times. In the meanwhile, we can ensure a clean finish while taking care of this issue with little participation from the client. It's important to us that you settle your debts and earnings with creditors and partners so that your goodwill and company reputation may be preserved. We also anticipate the potential of resuming your firm in the near future.

Cancellation of a business license requires certain paperwork.

For sole proprietorship's and businesses, the cancellation processes are the easiest. All you have to do is submit the following papers to DED in order to request cancellation:

• NOC from Directorate of Residency and Foreigners Affairs
• NOC from Ministry of Human Resources and Emiratization
• NOC from Local Services Agent

The cause for the liquidation is explained in a letter.

Before completing with DED, businesses having shares must do additional procedures such as liquidating shares, collecting debts, and paying off creditors. The following types of businesses need the appointment of a liquidator:

• General Partnership
• Simple Limited Partnership
• Limited Liability Company
• Private Joint Stock Company
• Public Joint Stock Company

Documents Required for Starting a Business in Dubai

Company formation in Dubai

 

Starting a  New Business in Dubai: company Registration in Dubai.

Company registration is the first in many steps of building a business empire in Dubai. There are various legal affairs that need to be handled before submitting documents to the concerned authorities for your company registration in Dubai.

Owing to its lenient labor laws, various tax benefits and easy and transparent legal procedures for company registration, Dubai has become one of the hottest corporate hubs in the world. 

Investors from all over the world have been inclined towards company formation in Dubai because of its many corporate friendly policies such as 100% foreign ownership, developed transportation and infrastructure. 

At Business Manthra, we have expert business setup consultants in Dubai with years of experience in handling all the legal documentation services right from drafting to attestation of important documents that are necessary for opening up a new business in Dubai. Let us have a look into the documents that are needed during the registration of your new business. 

Documents Required for Company Registration in Dubai  

Listed below are the documents you require for company formation in Dubai:

• Company registration application form 
• Passport copies of the stockholders and directors of the company 
• Bank statements, utility bills as a residential proof for both stockholders and directors 
• Notarized and attested Memorandum of Association (MOA) and Articles of Association (AOA)
• Bank reference letter for every stakeholder
• NOC from the sponsor 
• Share capital information 
• Passport size photographs of the directors/managers

Expert Business Setup Consultants in Dubai

Business Manthra is one of the biggest names in providing business setup services to companies that wish to establish a business in Dubai. We offer all the necessary services for company formation in Dubai and help our clients achieve their business goals. If you are looking to venture into the Dubai market and need a professional service for company registration in Dubai, then get in touch with our team. We will provide professional registration services and help establish your business in Dubai’s corporate sector. 

How Much Does it Cost to Start a Company in Dubai?

Business setup in Dubai

 

How Much Does it Cost For company setup in Dubai? 

 

According to the latest World Bank report, UAE has reached no. 11th spot at the Ease of Doing Business ranking by offering great business opportunities to investors all around the world. With an easy registration process, many tax benefits, 100% ownership of the enterprise, company setup in Dubai has become easy and convenient. 

 

Business Manthra is one of the leading business setup consultants in Dubai and we have helped several companies set up their business in Dubai. If you wish to know about the cost of business setup in Dubai, then read on. 

 

The Cost of Company Formation in Dubai-

 

1. REGISTRATION FEES

 

Registration fees is a one time investment that you need to make during your company setup in Dubai. It varies from company to company based on factors such as the legal structure, free zone etc. It will generally cost around AED 10,000 to register your company.  

 

2. BUSINESS LICENSE FEES

 

It is mandatory to have a business license  for running a legalized business in the UAE. Unlike registration, a business license bears a recurring cost and needs to be renewed each year. The license fees for a business setup in Dubai will cost you around AED 12, 000 per annum. 

 

3) OFFICE RENT

 

Renting an office space can typically cost around AED 15,000-20,000 based on the location and the type of desk space that you choose. There are flexi-desks, work stations and business centres that our business setup consultants in Dubai can help you choose from based on your business goals. 

 

4) RESIDENCE VISA FEES

 

If you are investing in a business setup in Dubai, then you can receive a residential visa for up to 3 years after the registration of your company. You would need to renew the visa after the validity expiry date. It will cost you around AED 3000 to get a residence visa in Dubai. 

 

Professional Company Setup in Dubai 

 

With several tax benefits and easy business regulations investors look forward to company formation in Dubai. Whether you want to open up a mainland office in Dubai or run an offshore business,  Business Manthra offers you the top business solutions as per your company’s requirements. We have the best business setup consultants in Dubai, who have years of experience in helping companies start up a business in Dubai. Get in touch with us to discuss your business goals for your company formation in Dubai!