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LLC COMPANY FORMATION IN DUBAI
Question – What are the requirements to start up a Web & Graphic Design License?
What are the requirements to start up a Software Development License?
We at PRO Desk assist customer in setting up a Web & Graphic Design License in Dubai. This License is falls under Professional category and cannot me made LLC. The following are the steps required to start a new license in Dubai.
Trade Name Reservation
The first and foremost step in registering the License in DED is to select a name and it needs to be approved by DED. The client needs to give Three name options and depend on the availability in the DED the name will be approved. The activity code will be a part of the Trade Name reservation. (Kindly note: – The name cannot be reserved by Name of the country & Continent, Famous Regions and Town, etc)
Initial Approval
Once the Trade Name is reserved, then the next step is going for Initial Approval. For Initial approval the activity needs to be specified. The list of Training activities can be selected from the activity list. All the documents need to be submitted at DED for approval and Issuance of Initial approval Certificate.
Drafting of LSA agreement
LSA (Local Service Agent) agreement needs to be drafted once we receive the Initial approval from DED. The LSA agreement can be typed in Arabic or English and Arabic as per the clients need. If the LSA is drafted in English and Arabic it needs to be legalised from a Legal Consultancy firm.
Civil Agreement
If there is more than one Partner in the Professional License the partners need to make a civil agreement among the all Partners describing their shares and appointment of manager in the license. In the agreement there will be no Local sponsor.
Notary Public
Once the MOA agreement is ready, then all the partners and local partner needs to proceed to Dubai court for notarising the agreement in the presence of the court person. Four copies of the agreement is done, one for the Court Original, once copy for Partner, one copy for Local Sponsor and one for the service provider if required.
Ejari (Tenancy Contract)
The Tenancy contract must be registered in the Land Department between the Landlord and the Tenant and on submission they will issue an Ejari. The minimum square feet required is 200.
Payment Voucher at the DED
Once the Notary and Ejari is done submit all the documents to DED to get the Payment voucher. The DED will register the company in the Commercial Register and the Payment Voucher will be out.
Trade License
On receiving the Payment voucher, we can pay the voucher in the DED either through Cash or by Card and get the Trade License immediately. Once the license is received you can then do the amendment by adding PO. Box and other details.
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Documents Required for Trade name reservation: Passport copy of Partner or Local Sponsor
Documents Required for Initial Approval: Passport copy of the Local Sponsor, Passport copy of the Partner, EID copy of local sponsor and Partner. If the Manager is a third person then the Visa page copy and EID copy of the person is required.
Documents Required for Drafting of LSA agreement: Passport copy of the Local Sponsor, Passport copy of the Partner, EID copy of local sponsor and Partner. If the Manager is a third person then the Visa page copy and EID copy of the person is required. Copy of Initial Approval and Trade Name Certificate.
Documents Required for Civil Agreement: Passport copy of the Partner, EID copy of local sponsor and Partner. If the Manager is a third person then the Visa page copy and EID copy of the person is required. Copy of Initial Approval and Trade Name Certificate.
Documents Required for Notary Public: Passport copy of the Local Sponsor, Passport copy of the Partner, EID copy of local sponsor and Partner. If the Manager is a third person then the Visa page copy and EID copy of the person is required. Copy of Initial Approval and Trade Name Certificate to be attached.
Documents Required for Ejari (Tenancy Contract): NOC from Landlord, DEWA deposit slip, EID of the Tenant and Landlord, Passport copy of tenant.
Documents required for Payment Voucher:
Trade Name reservation copy, Initial Approval Certificate copy, Attested MOA from Notary public, Ejari copy, Passport copy of the Local Sponsor, Passport copy of the Partner, EID copy of local sponsor and Partner. If the Manager is a third person then the Visa page copy and EID copy of the person is required.