Company Formation & Pro Services in UAE

Certainly! Company formation and PRO (Public Relations Officer) services are integral to establishing and maintaining a business presence in the United Arab Emirates (UAE). We Sheikh Anwar Accounting & Auditing LLC can help you to company formations and PRO Services. Here's a comprehensive overview of both aspects:

Company Formation:

1. Legal Structure Selection:

• Choose the appropriate legal structure for your business, such as a Limited Liability Company (LLC), Free Zone Company, Branch of a Foreign Company, or Representative Office.

2. Business Activity Determination:

• Define the nature of your business activities and select the appropriate license based on the activities you intend to undertake.

3. Choice of Location:

• Decide whether to set up in the mainland or within one of the numerous free zones. Free zones offer benefits such as 100% foreign ownership, tax exemptions, and simplified business setup procedures.

4. Shareholding Structure:

• Determine the shareholding structure, especially if establishing in the mainland, where local sponsorship is often required.

5. Document Preparation:

• Prepare required documentation, including the memorandum and articles of association, lease agreements, and other necessary paperwork.

6. Application Submission:

• Submit the company formation application to the relevant authorities, such as the Department of Economic Development (DED) in the respective emirate or the chosen free zone authority.

7. Bank Account Opening:

• Open a corporate bank account in a local bank. Different banks may have varying requirements for account opening.

8. Visa Processing:

• Initiate the visa application process for shareholders, employees, and dependents if required.

9. Government Approvals

• Obtain necessary approvals from government authorities, including the Ministry of Human Resources and Emiratisation (MOHRE) for employment matters.

10. Commercial Registration and License Issuance:

• Upon approval, the company's commercial registration and trade license will be issued.

PRO Services:

1. Visa Services:

• Assist in visa processing, renewals, and cancellations for employees, shareholders, and dependents.

2. Labor and Immigration Services:

• Handle labour contracts, work permits, and other immigration-related matters.

3. Document Attestation:

• Manage the attestation of documents through government and consular channels, especially if documents are issued outside the UAE.

4. License Renewals and Amendments:

• Facilitate the renewal of business licenses and handle any required amendments to legal documents.

5. Government Liaison:

• Act as an intermediary between the company and government authorities, ensuring timely compliance with regulatory requirements.

6. Legalization Services:

• Provide services related to the legalization of documents and certificates.

7. PRO Consultancy:

• Offer consultancy services on PRO matters, keeping the company informed about regulatory changes and ensuring ongoing compliance.

8. Company Liquidation Support:

• Assist with the processes related to company liquidation, including visa cancellations, closure of bank accounts, and fulfilment of legal formalities.

Importance of Professional Assistance from Sheikh Anwar Accounting & Auditing LLC:

Given the complexity of legal and administrative processes in the UAE, many businesses opt to engage professional services firms or business consultants specializing in company formation and PRO services. These professionals navigate regulatory complexities, ensure compliance, and streamline the setup and ongoing operations of businesses in the UAE. Working with experienced experts can help businesses save time, avoid potential pitfalls, and focus on their core activities.