Posts in category: Business

Main benefits of obtaining a Golden Visa in the UAE is the long-term residency it provides. Golden Visa holders can stay in the UAE for up to 10 years, which is significantly longer than the typical 2-3 year residency visas that are available to most foreigners. This provides a sense of stability and security for those who plan to live and work in the UAE for an extended period of time.Another benefit of the Golden Visa is that it allows for greater flexibility in terms of employment. Unlike other types of visas that are tied to a specific employer, Golden Visa holders are free to work for any company or start their own business in the UAE. This can be a major advantage for entrepreneurs and business owners who want to take advantage of the UAE’s favorable business environment.Golden Visa holders also have access to a range of social benefits, including healthcare, education, and other public services. This can be particularly important for families who are planning to live in the UAE for an extended period of time. In addition, Golden Visa holders are eligible to sponsor their family members for residency visas, which can make it easier for them to join their loved ones in the UAE.Finally, the Golden Visa can provide a pathway to citizenship for those who meet certain criteria. This can be a major advantage for those who want to establish a long-term presence in the UAE and enjoy the benefits of being a citizen, such as access to government services and the ability to vote in elections. Overall, the Golden Visa is a valuable tool for those who want to establish a long-term presence in the UAE and take advantage of its many opportunities.In addition to the above benefits, the Golden Visa also provides access to a range of services and amenities in the UAE. This includes access to healthcare, education, and other public services, as well as the ability to own property and establish a business in the country. For individuals and families looking to establish themselves in the UAE, the Golden Visa can be a valuable tool for achieving their goals.

obtaining a Golden Visa in the UAE is to determine your eligibility. The Golden Visa is primarily granted to investors, entrepreneurs, and highly skilled professionals. You must meet certain criteria, such as having a certain level of education, experience, and income. It’s important to consult with a reputable business services company like Al Sahraa to determine your eligibility and ensure that you meet all the requirements.

The next step is to prepare the necessary documents. This includes your passport, proof of income, proof of education, and any other relevant documents. Al Sahraa can assist you in preparing and submitting these documents to the relevant authorities.

After your documents are prepared, the next step is to apply for the visa. This involves submitting your application and supporting documents to the relevant authorities. Al Sahraa can help you navigate the application process and ensure that your application is complete and accurate.

Once your application is submitted, it will be reviewed by the authorities. This can take several weeks or even months, depending on the volume of applications. Al Sahraa can keep you updated on the status of your application and provide any additional support that you may need.

Finally, if your application is approved, you will need to complete the necessary formalities, such as obtaining a medical certificate and Emirates ID. Al Sahraa can assist you in completing these formalities and ensure that you receive your Golden Visa as quickly and smoothly as possible.

Al Sahraa Businessmen Services LLC is a leading business setup and consultancy firm in the UAE that can help you obtain a Golden Visa.

Our team of experts will guide you through the entire process, from the initial application to the final approval of your Golden Visa.

We will assist you in preparing all the necessary documents, including your passport, residency visa, and other relevant documents required for the application.

We will also provide you with all the information you need to know about the Golden Visa program, including the eligibility criteria, benefits, and requirements.

Additionally, we will ensure that your application is submitted correctly and on time to avoid any delays or rejections.

By choosing Al Sahraa Businessmen Services LLC, you can be confident that you will receive professional and efficient assistance in obtaining your Golden Visa in the UAE.

Bookeeping is an essential aspect of running a business in the UAE. It involves recording all financial transactions, including purchases, sales, receipts, and payments. This information is crucial for making informed business decisions and complying with tax laws.

Proper bookkeeping helps businesses keep track of their financial health and identify areas for improvement. It also ensures that financial statements are accurate and up-to-date, which is important for securing loans and investments.

In the UAE, bookkeeping is particularly important due to the introduction of Value Added Tax (VAT) in 2018. Businesses are required to maintain accurate records of all their transactions and submit regular VAT returns to the Federal Tax Authority (FTA). Failure to comply with these regulations can result in penalties and fines.

Overall, bookkeeping is a vital component of running a successful business in the UAE. It provides valuable insights into a company’s financial performance and helps ensure compliance with tax laws and regulations.

You must keep your all financial record for 5 years. This includes all accounting records, invoices, receipts, and any other financial documents related to the business operations. It is important to note that failure to maintain proper financial records can result in penalties and fines from the government.

The 5-year requirement is in line with the UAE Commercial Companies Law, which mandates that all companies maintain proper books of accounts that accurately reflect their financial position. This is important for transparency and accountability purposes, as well as for tax compliance.

It is recommended that businesses keep their financial records for longer than the minimum 5-year period, as certain legal disputes or tax audits may require access to older records. Additionally, maintaining accurate financial records can help businesses make informed decisions and track their financial performance over time.

Al Sahraa Businessmen Services can provide professional bookkeeping services to help you maintain accurate and up-to-date records of your company’s financial transactions.

Our team of experienced accountants can handle all aspects of bookkeeping, including recording transactions, reconciling accounts, and generating financial reports.

By outsourcing your bookkeeping to us, you can save time and focus on growing your business, while also ensuring that your VAT records are accurate and compliant with UAE regulations.

We use the latest accounting software and technology to ensure that your records are secure and easily accessible, and we can customize our services to meet the unique needs of your business.

Contact us today to learn more about how we can help you maintain your accounts bookkeeping and stay on top of your VAT obligations in the UAE.

VAT was introduced in the UAE on January 1, 2018, at a standard rate of 5%. It is applicable to most goods and services, with some exemptions and zero-rated supplies.

Businesses with an annual turnover of AED 375,000 or more are required to register for VAT. However, businesses with a turnover of less than AED 375,000 can also register voluntarily.

Registered businesses are required to maintain proper records of all their transactions, including sales, purchases, and expenses. They are also required to file regular VAT returns and pay the VAT due to the government.

Non-compliance with VAT regulations can result in penalties and fines, so it is important for businesses to ensure they are meeting all their VAT obligations.

In the UAE, there are certain businesses that are exempted from VAT. These include healthcare services, education services, and certain financial services such as life insurance and reinsurance. These businesses are exempted from VAT because they are considered essential services that should not be burdened with additional taxes.

Another category of businesses that are exempted from VAT are those that operate in designated zones. These zones are specially designated areas that are considered outside of the UAE for VAT purposes. Businesses that operate solely within these zones are exempted from VAT.

Small businesses that have an annual revenue below the mandatory registration threshold of AED 375,000 are also exempted from VAT. However, these businesses may choose to register voluntarily if they wish to claim back VAT paid on their expenses.

Finally, certain goods and services are also exempted from VAT. These include residential properties, local passenger transport, and certain healthcare and education services. However, it is important to note that not all goods and services within these categories are exempted, so it is important for businesses to carefully review the VAT regulations to ensure compliance.

HOW TO REGISTER WITH TAX SYSTEM

with the Emirates Tax System, you need to ensure that you have a valid Emirates ID and a tax registration number (TRN) if you are a business. If you do not have a TRN, you can apply for it through the Federal Tax Authority (FTA) website.

Once you have the necessary documents, you can register with the Emirates Tax System through the FTA website. You will need to create an account and provide your personal information, such as your name, contact details, and Emirates ID number. If you are registering as a business, you will also need to provide your TRN and other business-related information.

After submitting your registration application, you will receive a confirmation email from the FTA. You will then need to activate your account by clicking on the activation link provided in the email.

Once your account is activated, you can log in to the Emirates Tax System and start managing your tax-related activities, such as filing tax returns and paying taxes. It is important to keep your account information up-to-date and comply with all tax regulations to avoid penalties and fines.

Al Sahraa Businessmen Services can help you to register with the tax system by providing expert guidance and support throughout the entire process.

Our team of professionals has extensive knowledge and experience in the tax laws and regulations in the UAE, and we can help you navigate the complex registration process with ease.

We will assist you in gathering all the necessary documents and information required for registration, and we will ensure that your application is submitted accurately and on time.

Additionally, we can provide ongoing support and advice to help you manage your tax obligations and ensure that you remain compliant with all relevant regulations.

By working with Al Sahraa Businessmen Services, you can have peace of mind knowing that your tax registration is being handled by experts, allowing you to focus on running and growing your business.

The first step to sponsor your family in the UAE is to ensure that you meet the eligibility criteria. This includes having a valid residency visa, a minimum salary of AED 4,000, and suitable accommodation for your family.

Once you meet the eligibility criteria, you need to submit an application for sponsorship to the General Directorate of Residency and Foreigners Affairs (GDRFA) in the emirate where you reside. You will need to provide documents such as your passport, residency visa, marriage certificate, and birth certificates of your children.

After submitting your application, you will need to pay the required fees. The fees vary depending on the emirate and the type of visa you are applying for. It is important to note that the fees are non-refundable, even if your application is rejected.

Once your application is approved, your family members can enter the UAE on a residence visa. They will need to undergo a medical examination and obtain health insurance before the visa is issued. The residence visa is typically valid for three years and can be renewed.

After your family members arrive in the UAE, you will need to complete the formalities such as registering them for Emirates ID, enrolling children in school, and obtaining health insurance for them. It is also important to note that as a sponsor, you are responsible for your family’s financial and legal obligations while they are in the UAE.

Al Sahraa Businessmen Services can assist you in obtaining a family visa by providing a comprehensive understanding of the process and requirements. We have a team of experienced professionals who can guide you through the entire process and ensure that all necessary documents are submitted correctly.

We will also assist you in completing the application forms and submitting them to the relevant authorities. Our team will keep you updated on the progress of your application and provide you with any necessary information or support throughout the process.

Additionally, we can also provide you with advice on the best visa options for your specific situation and help you to prepare for any interviews or medical examinations that may be required.

By choosing Al Sahraa Businessmen Services to assist you with your family visa application, you can save time and avoid any potential errors or delays in the process. Our goal is to make the process as smooth and stress-free as possible for you and your family.

Are you ready to embark on an exciting entrepreneurial journey in one of the most vibrant business hubs in the world? Look no further, because Al Sahraa Businessmen Services LLC is here to guide you through starting a new business in the United Arab Emirates (UAE). With its dynamic economy, strategic location, and investor-friendly policies, UAE has become a magnet for ambitious individuals like yourself. In this comprehensive guide, we will walk you through every step necessary to turn your dreams into reality.
Whether you’re a seasoned entrepreneur or just starting out, get ready to unlock unparalleled growth opportunities and join us as we navigate the thrilling landscape of business success in UAE!

 Introduction to Al Sahraa Businessmen Services LLC

 Al Sahraa Businessmen Services LLC is a professional company that provides services to businessmen who want to start a new business in the United Arab Emirates. The company was established in 2002 and has its headquarters in Dubai. Al Sahraa Businessmen Services LLC offers a wide range of services, including business consultancy, legal services, and marketing support.

The company has a team of experienced professionals who can provide advice and assistance to clients in all aspects of starting a new business in the UAE. Al Sahraa Businessmen Services LLC also offers a free initial consultation to help clients assess their business needs and determine the best course of action.

Benefits of Starting a Business in UAE

The United Arab Emirates is a well-known business destination that offers many benefits for entrepreneurs looking to start a new business. The UAE has a stable political and economic environment, as well as a strategic location that provides easy access to markets in the Middle East, Africa, and Asia. In addition, the UAE offers a variety of incentives for businesses, such as tax-free status, 100% foreign ownership, and no personal income tax.

Starting a business in the UAE can be a very lucrative endeavour. The country has one of the highest per capita incomes in the world, and its economy is growing at a rapid pace. In addition, there is a strong demand for goods and services in the UAE, making it an ideal market for new businesses.

If you are considering starting a business in the UAE, Al Sahraa Businessmen Services LLC can help you navigate the process and take advantage of all the benefits the country has to offer. Contact us today to learn more about how we can help you start your new business in the UAE.

Types of Companies and Entities Available in UAE for Starting a Business

When it comes to starting a business in the UAE, there are a number of different types of companies and entities that you can choose from. Here is a brief overview of some of the most popular options:

 1. sole proprietorship – This is the simplest and most common type of business structure in the UAE. A sole proprietorship is owned and operated by one person, and there is no legal distinction between the owner and the business. This type of business is relatively easy to set up and manage, but it does have some disadvantages, such as unlimited liability for all debts and obligations of the business.

 2. limited liability company (LLC) – An LLC is a more complex type of business structure that offers limited liability protection for its owners. An LLC can be either a single-member or multi-member company, and it must have at least two shareholders. Setting up an LLC requires more paperwork than a sole proprietorship, but it can be worth it for the added protection it provides.

 3. joint stock company (JSC) – A JSC is a large corporation that is owned by shareholders who have limited liability for its debts and obligations. A JSC must have at least five shareholders and must be registered with the UAE Securities and Commodities Authority. This type of company is best suited for businesses that are looking to go public or list on a stock exchange.

 Documents Required for Setting up a Business in UAE

All businesses in the United Arab Emirates (UAE) are required to have a trade license. The type of business activity will determine which trade license is required. A trade license can be obtained from the Department of Economic Development (DED), the free zone authority, or the Chamber of Commerce.

 The Process of Registering a Company with Al Sahraa Businessmen Services LLC

Al Sahraa Businessmen Services LLC is a company registration and business licensing service provider in the United Arab Emirates. We offer both local and foreign company registration services, as well as business licensing services.

 To register your company with us, you will need to fill out our online registration form. Once we have received your completed form, one of our representatives will contact you to discuss the next steps in the process.

We will then need some additional information and documents from you, including:

 -Your company name, trade name, and activity

-A copy of your passport and UAE residence visa (if
applicable)

-A copy of your trade license (if applicable)

-Your commercial agent’s details (if applicable)

After we have gathered all of the required information and documents, we will begin the process of registering your company. The entire process usually takes between 3-5 days. Once your company is registered, we will provide you with a Certificate of incorporation.

Resources and Services Offered by Al Sahraa Businessmen Services LLC

 Al Sahraa Businessmen Services LLC offers a range of resources and services to help you start your business in the UAE. We can provide you with information on setting up your business, finding the right location, obtaining the necessary licenses and permits, and more. We can also assist you with securing financing, developing your business plan, and marketing your business. In addition, we offer a range of support services to help you run your business successfully. These include bookkeeping, accounting, and Secretarial services.

Tips for New Business Owners

When starting a new business in the UAE, there are a few things to keep in mind in order to ensure a smooth and successful process. First, it is important to choose the right business structure that best suits your company and its needs. There are four main types of business structures in the UAE: sole proprietorship, limited liability company (LLC), civil company, and branch office. Each has its own advantages and disadvantages, so it is important to consult with a professional before making a decision.

Once you have chosen your business structure, you will need to obtain the necessary licenses and permits from the relevant authorities. The type of license you require will depend on the nature of your business. For example, if you are planning on opening a restaurant, you will need to obtain a
food license from the Abu Dhabi Food Control Authority (ADFCA). It is important to note that some businesses may require more than one license, so be sure to check with all relevant authorities before proceeding.

After your business is licensed and registered, you will need to find suitable office space. In the UAE, there are two main options for office space: free zones and mainland. Free zones offer a number of benefits for businesses, such as 100% foreign ownership and tax-free profits. However, they also have certain restrictions, such as not being able to conduct business with locals. Mainland office space is less expensive but offers fewer benefits than free zones.

Conclusion

Starting a new business in UAE isn’t easy, but with the help of Al Sahraa Businessmen Services LLC and their comprehensive guide, entrepreneurs have all that they need to make their venture into this
competitive market successful. With the right planning and guidance from professionals such as Al Sahraa Businessmen Services LLC, entrepreneurs can feel confident that they will be able to take advantage of all the opportunities available in this vibrant economy.

PRO services in UAE refer to professional services that are offered to businesses and individuals to help them navigate the complex legal and administrative procedures in the country.

These services are typically provided by companies that specialize in PRO services and have a deep understanding of the local laws and regulations.

PRO services can include a wide range of tasks such as visa processing, company registration, document attestation, and more.

By outsourcing PRO services, businesses and individuals can save time and resources, and ensure that all their legal and administrative requirements are met in a timely and efficient manner.

PRO services are particularly useful for businesses that are looking to expand their operations in the UAE, as they can help navigate the complex legal and administrative procedures involved in setting up a new business in the country.

Public Relations Officer) in UAE can provide a wide range of services related to the visa process. They can assist individuals and companies in obtaining family visas for their dependents, including spouses, children, and parents. PROs can also help with the renewal of visas and the cancellation of visas when necessary.

PROs can also provide guidance and support in navigating the complex rules and regulations related to the visa process in UAE. They can help clients understand the different types of visas available, the requirements for each type of visa, and the documents needed to apply for a visa.

In addition to visa-related services, PROs can also assist clients with other government-related tasks, such as obtaining trade licenses, registering companies, and opening bank accounts. They can act as a liaison between clients and government agencies, helping to streamline the process and ensure that all requirements are met.

Overall, a PRO can provide valuable support and assistance to individuals and companies looking to navigate the complex bureaucracy of UAE. By working with a PRO, clients can save time, reduce stress, and ensure that all necessary requirements are met, allowing them to focus on their core business activities.

Alsahraa Businessmen Services is a professional service provider that offers a range of services to individuals and businesses in the UAE. They specialize in providing assistance with the family visa process, which can be a complex and time-consuming process for many people.

One of the key benefits of working with Al Sahraa Businessmen Services is their expertise and experience in navigating the various requirements and regulations related to the family visa process. They can help clients understand the necessary documentation, fees, and timelines involved in obtaining a family visa for their loved ones.

In addition to their expertise in the family visa process, Al Sahraa Businessmen Services also offers a range of other services that may be of interest to businesses in the UAE. For example, they can assist with company formation, trade license renewal, and VAT registration and compliance. By working with a professional service provider like Al Sahraa Businessmen Services, businesses can save time and ensure that they are meeting all of their legal and regulatory obligations.

Choosing the best health insurance in UAE requires careful consideration of your needs and budget. Start by assessing your healthcare needs, including any pre-existing conditions, and determine the level of coverage you require.

Research different health insurance providers in UAE and compare their plans, benefits, and costs. Look for providers with a good reputation and a wide network of hospitals and clinics.

Read the fine print carefully and ask questions if anything is unclear. Look for a plan that offers flexibility and allows you to customize your coverage to suit your needs.

Don’t forget to check if your employer offers health insurance as part of your benefits package. This may be a more cost-effective option than purchasing an individual plan.

Ultimately, the best health insurance plan for you will depend on your individual needs and circumstances. Take the time to research and compare your options to find the plan that offers the best value for your money.

insurance is compulsory in UAE. In fact, it is mandatory for all residents, including expatriates, to have health insurance coverage. This is in accordance with the Dubai Health Insurance Law No. 11 of 2013, which mandates that all employers provide health insurance coverage for their employees.

The health insurance coverage should meet the minimum requirements set by the Dubai Health Authority (DHA). These requirements include coverage for emergency services, inpatient and outpatient care, maternity care, and prescription drugs. The coverage should also have an annual limit of at least AED 150,000.

Individuals who are not covered by their employer’s health insurance plan are required to purchase their own health insurance coverage. Failure to comply with the health insurance law can result in fines and other penalties.

Al Sahraa Businessmen Services offers a wide range of health insurance plans for individuals and groups of employees. These plans are designed to meet the specific needs of each client, providing comprehensive coverage and peace of mind.

Al Sahraa has a team of experienced professionals who are dedicated to helping clients find the right health insurance plan. They work closely with clients to understand their needs and provide personalized recommendations.

Al Sahraa has strong relationships with leading insurance providers in the UAE, allowing them to offer competitive rates and comprehensive coverage options. Clients can trust that they are getting the best value for their money.

Al Sahraa provides excellent customer service and support throughout the entire process, from selecting a plan to filing a claim. Clients can rely on their team to be there for them every step of the way.

Choosing Al Sahraa for your health insurance needs means choosing a trusted partner who will work with you to find the best plan for your individual or group needs. Contact us today to learn more about our health insurance options.

Legal translation is required in UAE because the country has a diverse population with people from different nationalities and languages. Therefore, legal documents such as contracts, agreements, and court orders need to be translated into Arabic, which is the official language of the country.

Moreover, legal translation is necessary for individuals and businesses dealing with government agencies and institutions. All legal documents submitted to these entities must be in Arabic, and any document in a foreign language must be translated by a certified legal translator.

Legal translation also ensures that the meaning and intent of the original document are accurately conveyed in the translated version. This is crucial in legal matters where even a minor error in translation can have significant consequences.

Failure to provide accurate legal translations can result in delays, fines, and even legal disputes. Therefore, it is essential to hire a professional legal translator who is well-versed in the legal terminology of both the source and target languages.

Al Sahraa Businessmen Services can help you provide legal translation services in UAE by offering professional and accurate translation services for legal documents. This includes contracts, agreements, court documents, and other legal paperwork that may require translation.

Our team of experienced translators are fluent in both English and Arabic, ensuring that all translations are accurate and culturally appropriate. We also offer notarization services for translated documents, which is often required for legal purposes.

By using our legal translation services, clients can ensure that their documents are translated accurately and efficiently, saving them time and potential legal complications. This can be especially important for those who are applying for family visas in UAE, as all documents must be translated into Arabic.

In addition to legal translation services, Al Sahraa Businessmen Services also offers a range of other services to help clients manage their business needs in UAE. This includes assistance with company formation, PRO services, and VAT registration and filing. By offering a comprehensive range of services, we aim to make it easier for clients to manage their business needs in UAE.

In the UAE, document attestation is required for various purposes such as obtaining a family visa, opening a bank account, registering a company, and more. The attestation process involves getting the document verified by the issuing authority, the Ministry of Foreign Affairs in the home country, and finally the UAE embassy in the home country or in the UAE.

Document attestation is required in the UAE to ensure that the documents submitted are genuine and not forged. The UAE government has strict regulations in place to prevent fraud and forgery, and document attestation is one of the measures taken to ensure the authenticity of documents. Without proper attestation, documents may not be accepted by the authorities in the UAE, which can cause delays and complications in various processes.

Family visa process in the UAE requires document attestation for various documents such as marriage certificate, birth certificate, and educational certificates. The attestation process ensures that the documents submitted are genuine and meet the requirements of the UAE government. Without proper attestation, the visa application may be rejected or delayed, which can cause inconvenience to the applicant and their family members.

Document attestation is an important step in various processes in the UAE, including company registration. The attestation of documents such as the memorandum of association, articles of association, and other legal documents is required for the registration of a company in the UAE. Proper attestation ensures that the documents submitted are genuine and meet the requirements of the UAE government. Failure to provide properly attested documents can result in delays or rejection of the company registration application.

Al Sahraa is a professional and experienced company that can assist you with getting your documents attested. They have the expertise and knowledge to handle the attestation process not only in the UAE but also from your country of origin.

Document attestation is a crucial step in the family visa process in the UAE. Al Sahraa can help you with the attestation of your marriage certificate, birth certificate, and other required documents. They can ensure that your documents are properly attested and meet the requirements of the UAE authorities.

Al Sahraa can also assist you with the translation of your documents if needed. They have a team of certified translators who can translate your documents accurately and efficiently. This can save you time and ensure that your documents are accepted by the UAE authorities.

By using Al Sahraa’s services, you can have peace of mind knowing that your documents are in good hands. They can handle the entire attestation process for you, from start to finish, and keep you updated on the progress. This can help you focus on other important aspects of the family visa process and managing the VAT record of your company.