Steps involved in setting up Business

Setting up business in the UAE (comprising of seven emirates: Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah, Umm Al Quiwain, Fujairah & Ajman) and anywhere in the world, significantly depends on the rules & regulations, the business environment and the culture prevailing in the respective region. It is important that all related issues are identified, understood and dealt with effectively during the course of setting up the business.

There are various ways of doing business in a new country, one of the ways is to set up a legal entity in the country you wish to operate in.  This requires research on the new business environment and subsequent planning to set up the business, based on the research. Like a chess game, the success depends on decisive and correct opening moves. At this juncture, Morison Menon plays a vital role.

The key steps involved in setting up a business in a new location may be summarized as follows:

Step – 1: Converting a concept / business idea into a workable proposition

Action involved:

A Pre Feasibility Study to evaluating the business idea / concept within a set of specified constraints and providing a clear path for converting it into a business proposition.

Step – 2: Preparing for the Incorporation

Action required:

A detailed market research and feasibility study to convert the business concept and general information available into a working document to be used for operational reference, approvals and investment.

Step – 3: Incorporating the business entity:

Actions involved:

 Choosing appropriate legal structure of the business
 Choosing location of the proposed venture
 Preparing the required documentation for registration of the entity
 Co-ordination with the relevant regulatory authorities for approvals and obtaining incorporation documents
 Obtaining office/land for the operations
 Processing visas, labour cards and other statutory documents
 Managing the documentation and other regulatory requirements of the new entity till regular operations commence
 Recruitment of personnel required for the new business

Morison Menon Group through its various entities provides you professionals services related to every step you take in the process of incorporating your business entity.

Incorporating your business: The role we play…

Apart from helping you conduct market research and feasibility studies, Morison Menon can offer the expert advice and hand-hold your initiative through the complete process. This includes:

 Advise on appropriate legal structure of the business
 Advise on location of the proposed venture
 Assistance in preparing the required documentation for submission
 Co-ordination with the free zone / government authorities for approvals and obtaining incorporation documents
 Assistance in obtaining office/land in the free zones and in Dubai
 Assistance in processing visas and labour cards and immigration formalities
 Secretarial services for the new company till regular operations commence
 Reminder for renewal of licenses
 Co-ordination with the free zone / government authorities for renewal of the licenses

MMCA delivers incorporation services that are unique in their comprehensive understanding of ground realities.

We believe in building long-lasting relationships with our clients based on mutual trust and professional approach. Well-versed with UAE company incorporations, business registration and the UAE Commercial Companies Act, we have serviced and assisted over 500 incorporations in the UAE Free Trade Zones. Our team can help you achieve your business goals and provide you with the assurance and tranquility that you need!

We love what we do and we take great pride in seeing our clients smiling when they deal with us. Our culture is built around a set of values that reward professional pride, focus on results, and openness. The range of our business registration and company incorporation services in the UAE is comprehensive yet flexible enough to tailor it to the specific needs of our clients.

The Morison Menon advantage:

  Experienced professionals including accountants, analysts, financial & business consultants, tax and corporate finance
   specialists, property and HR consultants
 A Turn Key solution for all client requirements
 Individual requirements are understood and the service offering is customised
 A focused personal and professional service that is consistent and integrated
 A team with vast knowledge of the Middle East market and regulations
  Strong connections with decision makers and governmental agencies

Our commitment to Service:

Our commitment is to provide our clients with the best possible service. As a specialist professional firm, we combine an extremely high level of technical expertise with a friendly personal service. Most of our business is with long-standing clients in varied sectors that spans across virtually covering all sectors of business.

Offerings:

Our firm is designed to provide information and guidance in starting and developing foreign business within the UAE.
More details on Company Formation Services in the UAE, Free Zones, Oman and Qatar

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