Danburite is a team of experienced business consultants based in the mainland of Dubai. We offer services for setting up of commercial company in Dubai, Free zone company formation in Dubai, and to register an industrial company in Dubai. We provide the best PRO service in Dubai
We identify the best fit solution that suits your business needs while setting up a company in UAE. Company formation in Dubai involves a number of stages. Whether it’s getting trade licenses, visas or finding a local sponsor, Danburite takes care of your end to end business requirements.
April 09, 2018
COMPANY LIQUIDATION IN DUBAI, UAE Liquidation is the process by which a LLC company, sole establishment or a free zone company closes its operation and the assets and property of the company is distributed to shareholders of the Company. TYPES OF COMPANY LIQUIDATION Voluntary liquidation Compulsory liquidation PROCEDURE TO LIQUIDATE OR WIND UP LLC COMPANIES Prepare a board of resolution calling to cancel the company by all partners concerned. The resolution needs to authenticated through court procedures. The duration of the process will take a day and costs approximately 800 AED. Board needs to appoint a liquidator and which needs to mention in the resolution. Apply for preliminary or initial cancellation of license at Department of Economic Department. The cost of which will be AED 2010. Cancellation of visas, establishment cards, labor cards etc. Prepare audit report if company was existing only less than 2 years. Newspaper advertisements to do at the cost of AED 1500/- Clearances and bank account closures. Need to pay the final bills to DED after 45 days of process to get a liquidation certificate. PROCEDURE TO LIQUIDATE OR WIND UP SOLE ESTABLISHMENTS ECD form to sign and apply for the cancellation directly at DED Clearances are required from each department Liquidator is required to fulfill the formalities Pay for initial liquidation certificate Newspaper advertisements to follow Final payment for the liquidation certificate PROCEDURES TO LIQUIDATE FREE ZONE COMPANIES Different free zone has different procedures for liquidation but most of them have the same process Resolution from Board for liquidating the Company and appointment of liquidator (registered and approved liquidators in UAE) Need to take clearances from customs, Etisalat, and other relevant departments. Liquidation letter by registered auditor for FZE & FZCO only to be submitted All fees and charges are to be settled with the free zone. Need to return all documents of the company. WHAT IS THE DURATION OF A FREE ZONE COMPANY LIQUIDATION? The liquidation process may take 45 to 50 days if other requirements and formalities are executed on time. A free zone will have one window solution to close down the company whereas the mainland company have its clearances from multiple departments which are in various locations. DOES AN OFFSHORE COMPANY REQUIRE TO CLOSE, IF NOT ACTIVE? The offshore company automatically gets stroke off from the system if it is inactive over a period of time. Since the visas are not linked with the company it is not important to bother about this solution For more details on Company liquidation in Dubai, Contact us on email@example.com +971568080092
April 04, 2018
RETAINER SERVICES IN DUBAI We provide exclusive retainer service to clients who needs complete range of PRO services. When the contract for retainer service is signed, client is offered with multiple service throughout the year such as given below. Visa services in Dubai Trade license renewal in Dubai Company set up services in Dubai Subsidiary company set up in Dubai Representative office formation in Dubai Offshore company set up services Bank account services Audit services for clients in Dubai Full range of PRO services for LLC company PRO services for free zone company The above list and more over we are working at personal level. We arrange the transportation facilities VIPs in company, escort for medical service in Dubai, finger print service in Dubai.
April 04, 2018
DOCUMENT CLEARANCE CHALLENGES In order to incorporate a business in Dubai there are numerous PRO services, authorization and certification to be done. Getting those documents authorized is called document clearance. Document clearance for the business setup in Dubai can be a challenging aspect for the foreign investors and businessmen. Changing business laws and fluctuating regularities, unfamiliar requirements and vivid implications, Change in currency and economic structure for the foreign investors are some factors that makes it difficult for getting documents clearance for starting a business in Dubai. DOCUMENT CLEARANCE SERVICES IN DUBAI Submitting and securing approval from the necessary government agencies is a prime requirement while setting up a business in Dubai or any other Emirates. By availing document clearing services from the business setup providers, you can get the burden resolved and save your time too. Danburite Corporate can help you in getting the documents cleared for your business setup in Dubai and we provide end to end PRO service for the company setup in Dubai
April 04, 2018
NOMINEE SHAREHOLDER SERVICES IN DUBAI The companies prefer to have nominee shareholder and nominee directors for the companies due to many factors such as given below Anonymity of the company or beneficial owner Bank account opening process Frequent visits and executions The above are the major concerns while choosing a nominee for the company. The nationals from Ukraine, Iran, Libya and other restricted and CIS countries find it difficult to open the bank account for their business operations. Therefore, the investor seeking right candidates for the services to handle. We at Danburite provide efficient and right candidates with proper background to open the bank account for the business operations. The nominee shareholder in Dubai is not easy to find. The nominee director in Dubai also having the similar concerns. BENEFITS OF NOMINEE SHAREHOLDERS IN DUBAI Anonymity of the UBO Flexibility of handling Local assistance is easily available Easy to open the bank account Least documentations Can provide POA to owner