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7 Services Take your first step towards success in the UAE with us! Business set up | Consulting | Legal support

05/09/2023

Intellectual property (IP) protection is an important aspect of the legal system in the United Arab Emirates (UAE). The UAE has established laws and regulations to safeguard the rights of creators and owners of various forms of intellectual property, such as patents, trademarks, copyrights, and industrial designs

๐Ÿ”ธ Trademarks in UAE
A trademark is defined as any visible sign capable of distinguishing the goods or services of one enterprise from those of another enterprise. This can include words, logos, shapes, colours, sounds, and any other distinctive sign that can be represented graphically

๐Ÿ”น Copyright in UAE
Any original work in the fields of literature, arts, or science, regardless of its form, meaning, or purpose, is considered an intellectual work

๐Ÿ”ธ Patents in UAE
A patent is a legal grant that provides inventors or assignees with the exclusive right to prevent others from commercially exploiting their invention without permission in exchange for a detailed public disclosure of the patented invention for a limited period of time

The intellectual property registration process involves submitting an application to the Ministry of Economy, the Copyright Office, or the Patent Office, depending on the type of IP being registered. The application should include all necessary information and documents, such as a description of the IP and its owner, as well as any supporting evidence of ownership

Let us help to register your business in the UAE! Get in touch with NEWCO 24/7 now via WhatsApp: +97145973947

If you are planning to start a real estate business in Dubai , in 2023 it will be a  rewarding and lucrative venture! Bu...
04/09/2023

If you are planning to start a real estate business in Dubai , in 2023 it will be a rewarding and lucrative venture! But it is important to understand the local market and the necessary steps to take in order to set up a successful business

The main reason to start a real estate business in the UAE is the fact that the government issued a set of ownership incentives to promote Dubai as an attractive destination for expatriates, working individuals, tourists and businesses in the residential real estate sector

๐Ÿ’ธ Cost of Setting Up a Real Estate Business in Dubai:
The cost for a real estate brokerage licence is AED 12,950. It may vary depending on the type of operations chosen and government fees. But the cost of setting up a real estate business in Dubai depends on a variety of factors which include, location, size of business, budget, and so on

๐Ÿ“ƒ Documents Required for Setting Up a Real Estate Business in Dubai:
Signed application form
Business plan
Passport copies of investor, all shareholders, and managers
Original NOC certificate, (if required)

NEWCO 24/7 offers comprehensive and customised solutions for real estate business setup, right from the beginning of the company setup process to the very end of it, and beyond. Contact us now! (WhatsApp) +97145973947

The UAE has been an international hub for a long time. The UAE government has taken much pride in building an ecosystem ...
31/08/2023

The UAE has been an international hub for a long time. The UAE government has taken much pride in building an ecosystem for business development and growth unrivalled by most parts of the world by taking advantage of the emirateโ€™s strategic placement in the Middle East and enhancing it with global connectivity, top-of-the-line infrastructure and increasing ease in business setup

Over $1 billion was invested in Middle East start-ups in 2020, with 35% of them headquartered in the UAE. Nevertheless, all UAE businesses must clear procedural hurdles, meet capital requirements, and go through a host of other processes before they can operate

๐Ÿ’ผ How UAE creating conditions for your business:
- Creating start-up ecosystems are growing rapidly and are opening up new opportunities for those who are eager to realise their entrepreneurial ambitions
- Establishing proactive federal government relaxed rules and regulations, access to funding and regional markets
- Creative state-of-the-art infrastructure, a diversified talent pool, etc.

In conclusion, the UAE's dynamic business environment is marked by continuous growth, innovation, and diversification. As the country continues to invest in human capital and cutting-edge technologies, the future of the UAE's business landscape looks brighter than ever

Open your business in the UAE with NEWCO 24/7! Contact us now via WhatsApp: +97145973947

Dubai is taking significant strides towards promoting sustainability and minimising its environmental footprint, positio...
29/08/2023

Dubai is taking significant strides towards promoting sustainability and minimising its environmental footprint, positioning itself as a global leader in fostering green businesses and startups ๐ŸŒณ๐ŸŒฟ

With an estimated 100,000 jobs expected to be generated by 2030 in the UAE from renewable energy alone, Dubai holds an abundance of opportunities for entrepreneurs and organisations looking to establish green businesses
The ongoing efforts of the Dubai government have also supported the advancement of local green startups and companies making the switch to energy-efficient resources

Benefits of Starting an Eco-Friendly Business in Dubai
๐ŸŒฟ Simple Business Set-Up. Seamless and simple business set-up that takes an average of 2 weeks
๐ŸŒฟ Supportive Government. World-class facilities, incentives and safety to foreign investors looking to kick start their business
๐ŸŒฟ Business-Friendly Tax Policies. Businesses earning less than 375,000 UAE dirhams ($102,000), will not need to pay taxes due to the governmentโ€™s initiative to support small businesses and startups in the region
๐ŸŒฟ Strong Economy. Dubai boasts an incredibly strong and lucrative economy for foreign-invested companies. In 2021, Dubai was placed third globally for greenfield foreign direct investments
๐ŸŒฟ Great Living. range of facilities and entertainment venues, friendly local population, and common use of the English language, Dubai has been repeatedly hailed as one of the top cities for expats to reside in

Dubai offers great opportunities for entrepreneurs looking to start their own green business. With strong government support and a streamlined company setup process, turning this aspiration into reality is easier than ever.

Contact NEWCO 24/7 to begin establishing your green business in the UAE! (WhatsApp) +97145973947

28/08/2023

We understand that managing your business finances can be a daunting task, but with our expert team by your side, it becomes a breeze

At NEWCO 24/7, we offer a wide range of accounting services tailored to meet the unique needs of your business. From bookkeeping and financial statement preparation to tax planning and compliance, we've got you covered

What includes in our accounting services:
๐Ÿ”ธ Our accountants are well-versed in the intricacies of the UAE financial landscape, ensuring that your financial records are accurate, up-to-date, and in compliance with local regulations
๐Ÿ”น Valuable insights to help you make informed business decisions. Our team will analyse your financial data, identify trends, and offer strategic advice to optimise your profitability and growth
๐Ÿ”ธ Navigation of the financial landscape with confidence, knowing that your business is on the right track with personalised service

We take the time to understand your business goals and challenges, tailoring our accounting solutions to suit your specific needs. Our team is available 24/7 to address any queries or concerns you may have, ensuring that you receive the support you deserve

Don't let accounting complexities hold you back. Choose NEWCO 24/7 as your trusted accounting partner and unlock the full potential of your business in the UAE

Contact us today and experience the difference of professional accounting services that go beyond expectations (WhatsApp) +97145973947

A well-cared look and a neat haircut are indispensable features of a modern-day member of societyThis service is in high...
24/08/2023

A well-cared look and a neat haircut are indispensable features of a modern-day member of society

This service is in high demand no matter what geographical location the business is set in. The United Arab Emirates is not invisible to this as the beauty industry is the most sought-after market niche, especially in Dubai

The UAEโ€™s loyal National Policy toward foreign entrepreneurs and various corporate benefits will be a pleasant addition to your business

There are two types of beauty salon licences in Dubai:
โœจ Ladies Salon in Dubai
โœจ Gents Salon in Dubai

How to start a beauty salon in Dubai?
The Department of Economic Development (DED) is the regulatory body for all types of businesses in Dubai Mainland, and their steps include:
๐Ÿ’Ž Submit the Passport & the Visa Copies
๐Ÿ’Ž Choose Your Business Name
๐Ÿ’Ž Sign the MoA (the Memorandum of Association)
๐Ÿ’Ž Rent a Salon Shop
๐Ÿ’Ž Get the Required Approvals
๐Ÿ’Ž Obtain the Licence

Open a beauty salon in the UAE with the help of NEWCO 24/7! Contact us now via WhatsApp: +97145973947

In todayโ€™s market, the best brands donโ€™t just survive, they thrive. Everyone should be prepared to pivot to meet unexpec...
22/08/2023

In todayโ€™s market, the best brands donโ€™t just survive, they thrive. Everyone should be prepared to pivot to meet unexpected challenges and opportunities, unlocking a more profitable, sustainable, and resilient future. And e-commerce is key here!

โœจ E-commerce amazing growth in the UAE:

The UAE has the most advanced e-commerce market in the MENA region. The potential for e-commerce business is quite high!

The United Arab Emirates is the 27th largest market for eCommerce with a predicted revenue of US$10,205.5 million by 2023, placing it ahead of Saudi Arabia. Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 7.7%, resulting in a projected market volume of US$13,708.9 million by 2027

Dubai provides the perfect platform for an eCommerce business setup:
โ–ช Variety of options to sell
โ–ช Different company jurisdiction
โ–ช Cheap trading licence
โ–ช Fast process of licence obtaining

Setting up an e-commerce business in Dubai becomes easier than ever when you collaborate with NEWCO 24/7! Get in touch with us now and we will help you to open a business in the UAE! (WhatsApp) +97145973947

The Dubai Economic Agenda โ€˜D33โ€™ seeks to firmly establish Dubai as one of the top 3 cities to invest, live and work inTh...
21/08/2023

The Dubai Economic Agenda โ€˜D33โ€™ seeks to firmly establish Dubai as one of the top 3 cities to invest, live and work in

The โ€˜D33โ€™ Agenda includes the launch of innovative projects that will drive sustainable economic growth through innovative approaches and double GDP by 2033, making Dubai the fastest, safest and most connected city in the world

The โ€˜D33โ€™ Agenda focuses on:
๐Ÿ”น Raising the value added of the industrial sector
๐Ÿ”ธ Promoting export growth
๐Ÿ”น Contributing to a sustainable and productive economy

D33 aims to integrate upcoming generations of Emiratis into the private sector, making Dubai a hub for skilled workers, and enhance the city's position as a fast-growing, attractive business hub with world-class quality of life and the highest levels of security and safety for Dubai's citizens and residents

Start your business in the UAE to become a part of one of the most developing countries! Get in touch with NEWCO 24/7 via WhatsApp: +97145973947

A carefully drafted contract that is fit for purpose is integral to the smooth running of your business operations in th...
17/08/2023

A carefully drafted contract that is fit for purpose is integral to the smooth running of your business operations in the UAE

Here we briefly discuss the five main things you need to know about contracts in the UAE:

๐Ÿ“ Contract formation. Essential elements include mutual consent to the basic essential elements of the contract, a permissible subject matter that is possible and defined (or capable of being defined); and a lawful reason or purpose for the obligations arising out of the contract

๐Ÿ“ Verbal contracts. Under UAE law, verbal contracts are enforceable. The extent of such enforceability will depend on the actions of the parties, e.g. whether they have demonstrated intention to contract and/or whether they have agreed the essential terms of the contract

๐Ÿ“ The importance of good faith. All contracts in the UAE are subject to the duty of good faith of the parties, without exception

๐Ÿ“ Terminating a contract. In the UAE there are just three ways to legally terminate a contract, as provided for in the Civil Code which are: by mutual consent, by litigation, and/or in accordance with the law

๐Ÿ“ When contracts go wrong. When preparing an appropriate dispute resolution clause, you should consider the value of the contract and therefore likely value of claims, whether confidentiality of the matter is a key concern since often court resolution renders details of the dispute public, whether the contract is of a particularly technical or specialist nature perhaps requiring expert input

The contract regulation in the UAE is strict but highly efficient! That is why opening a business in the UAE is a smart choice to operate in a safe and stable business environment!

Contact NEWCO 24/7 now via WhatsApp: +97145973947

Business owners relocate their businesses to the UAE for different reasons, ranging from more customer traffic and bette...
15/08/2023

Business owners relocate their businesses to the UAE for different reasons, ranging from more customer traffic and better growth opportunities to the simple need for more space. However, relocating a company can also be time-consuming and disruptive, with risks to employee and customer relationships ๐Ÿ˜”

A relocation plan must include mechanisms for evaluating the risks and benefits of the move, as well as a detailed checklist of relocation tasks. Learn more about relocation planning in the carousel!

The perfect time to relocate a business in the UAE is now! Get in touch with NEWCO 24/7 and we will help you to easily open a business of your dream! (WhatsApp): +97145973947

For many international business owners, Limited Liability Company (LLC) formation in Dubai is a fantastic alternative. N...
13/08/2023

For many international business owners, Limited Liability Company (LLC) formation in Dubai is a fantastic alternative. Numerous advantages, such as asset protection and tax reduction, may be offered. An LLC is not restricted on where it can trade in the UAE or GCC

๐ŸŸข What are the advantages of setting up an LLC in the UAE?
- The liability of the shareholders is limited to their shares in the companyโ€™s capital
- An LLC may conduct any type of activity except for insurance, banking or investment
- An LLC can legally trade anywhere in the UAE, including the Free Zones
- No restrictions on the number of visas that can be obtained
- No restrictions on the location where the company can rent/buy office premises
- The government has permanently waived any paid-up capital requirements

๐Ÿ”ด What are the disadvantages of LLC formation in the UAE?
- Employee visas need to be renewed every 2 years
- Longer time to establish than a Free Zone company, typically 8 to 10 weeks

Setting up a business in Dubai, the โ€œcountry of opportunity,โ€ is a wise decision. You might rise to the position of successful entrepreneur with an LLC formation in Dubai!

It is faster to launch a firm in Dubai with the guidance of NEWCO 24/7! Contact us now via WhatsApp: +97145973947

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