Wednesday, 17 October 2012

Start your Company right in UAE


The team of LexBiz Consulting DMCC will be delighted in assisting you to incorporate your Company in Dubai Mainland ,Free Zone  & Offshore Jurisdictions and establishing long term business relationship with you for all business endeavors around the world through our global offices. As Start-up Business Consultants, our motto is to keep you focused on the core Business Activity, while we take away the hassle of public relation and other governmental affairs.

For more details, please feel free to contact : m.farook@lexbizco.com



Saturday, 13 October 2012

RAKIA Free zone Incorporation

RAKIA Industrial Parks were established in 2005 to consolidate the emirate's economic potential and realize a long-term strategy for the country's socioeconomic development.
over 2,000 local and foreign investors have set up operations within the emirate under RAKIA, fueling an unprecedented pace of economic growth that has made Ras Al Khaimah one of the fastest growing emirates in the UAE and a regional economic force to reckon with.

High Lights:

  • Operate both free and non-free zones
  • Act as a one-stop shop for all investor needs
RAKIA has also made significant investments in infrastructure to attract world-class knowledge-based and technology companies.

Some Advantages:
  • Easy licensing procedure
  • Ready availability of power 
  • Issue of visit and residence visa under oneroof
  • Good infrastructure & logistic support system
  • Excellent port facilities
  • Competitive energy cost
  • Easy access to GCC countries
  • Presence of local and international banks for project funding
For more details please do contact on: m.farook@lexbizco.com


Ajman Free zone Company Setup

Ajman Free zone provides a wide range of benefits, such as 

  • 100 per cent foreign ownership of companies eliminating the need for a local partner, 
  • Low-cost operational environment, 
  • Full repatriation of capital and 
  • Profits and exemption from import, export, corporate and personal taxes. 

LexBiz Consulting DMCC will support and serve to companies and expedite the process of obtaining necessary permits, licences, approvals and clearances from the relevant authorities.

Free zone License in Abu Dhabi - KIZAD


Khalifa Industrial Zone Abu Dhabi (Kizad), located in Al Taweela area between Abu Dhabi and Dubai, is a vital project within Abu Dhabi Economic Vision 2030.
It offers a world class transportation infrastructure including sea, air, roads and rail networks and easy access to local, regional and international markets with more than 2 billion consumers.
In addition, 100 percent foreign ownership will be allowed in certain strategic economic sectors.
Their major focus is to 
Metals
Engineered Metals
Pertochemicals
Pharmaceutical & Healthcare equipment Manufacturing
Food
Paper,Printing & Packaging
Trade & Logistics

For more details, please do contact on: m.farook@lexbizco.com

Tuesday, 14 August 2012

Dubai issued 4,499 new business licences in Q2 2012


DED sees 17 % increase in trade licenses issued in Q2 2012
4,499 licenses issued during April-June 2012 as against 3,859 in Q2 2011
Dubai:
The Department of Economic Development (DED) issued 4,499business licences during the Q2 in 2012, DED announced yesterday, arguing that the result reflects stability and growth across key economic sectors and business activities in Dubai.
This represent 17 per cent increase from the 3,859 licenses issued over the same period in 2011.“
The Tourism sector accounted for the largest increase (51%) in business licenses during the April-June 2012 period. Professional licenses increased by 19 per cent and Commercial licenses by 16 per cent during the same period,” said Mohammed Shael Al Saadi, Chief Executive officer of Business Registration and Licensing (BRL) division at DED.
But Abdul Hamid Radwan, a UAE-based Economist, told Gulf News yesterday that while the increase in licences was positive, all aspects should be looked at.
“The big number of new licences is a positive sign of the growth of the business sectors in Dubai, but this number should be taken in comparison with the number of licences that were cancelled in the same period.”
Radwan also warned that increasing the number of licences could be harmful.
“It is very important to look at the capital of these new companies, their activities and whether they are productive or not. The number is not always clear,” he added.
DED’s total transactions relating to business registration and licensing reached 158,174 during the second quarter of 2012, an increase of 22 per cent year on year.

Sunday, 12 August 2012

New Abu Dhabi DED system now active

The Department of Economic Development, or DED, in Abu Dhabi has announced the promotion of the online services it provides in its website with regards to trade licence transactions commonly known as G2B appertaining to online renewal of trade licences and paying off violations, aiming to ease the burden on investors and businessmen, as well as to save time.
The DED has also announced the promotion and activation of its G2G online services necessary for the insurance of all data and information concerning trade licences required by all government institutes in Abu Dhabi through the Abu Dhabi Government Network. These services enable government circles and institutes to have access to data and information concerning trade licences without having to use traditional correspondence that used to take a customer a longer time to finalize documents.

Wednesday, 8 August 2012

Attested rent contract is now must for Abu Dhabi visa


Contract must be presented along with utility bill and other documentsExpatriates seeking to renew their residence visa or have a new one for their relatives in Abu Dhabi must present an attested tenancy contract along with a power bill in line with a decision enforced by the emirate this week.
Applicants said Abu Dhabi immigration authorities appear to have ended a moratorium on that decision which was scheduled to be enforced before the fasting month of Ramdan as all of them were asked to get those documents.
"I wanted to have my wife's visa renewed on Tuesday but I was turned back by the immigration authorities because the tenancy contract in the application was not attested," said Jassim Al Hariri, a resident of Abu Dhabi.
"I was told to come back with a new application that must include a tenancy contract in my name which must be attested by the Abu Dhabi Municipality...they also asked for a power bill along with other documents."
Bachelor applicants said they were also asked to bring an attested tenancy contract and a recent power bill along with other documents required for the renewal of their visas. They said they were allowed to submit contracts in the name of their relatives but it was not clear whether this applies to sharing accommodation that includes tenants not related to each other.
The new rules have already triggered competition among landlords seeking customers for their property by announcing in local newspapers that new dwellers would be given attested rent contracts.
Abu Dhabi immigration authorities said in June that the new regulations are intended to verify the addresses of all expatriates living in the country, adding that such rules are enforced in most other nations.
"The decision is primarily aimed at verifying residence of all expatriates living in the UAE for security and procedural reasons...it is a security, administrative and service decision taken by the immigration and foreign affairs departments in the country," said Major General Nassir Al Minhali, Interior Ministry assistant undersecretary for naturalization and residence "The decision is not targetting any party or property group but it will serve those departments seeking accurate data about foreigners' residences...this measure is not exclusive for the UAE as it is enforced in all advanced countries."