The most important thing above all: why create your business through an agency?
Many entrepreneurs who are looking into the topic of starting a business abroad for the first time and have browsed the first websites dedicated to this topic say to themselves: this all seems feasible and I can save myself the agency fees. And yes, you can also create the company on your own, but this is not really the “most advantageous” solution from our point of view.
When you build a house, you build it with an architect (unless you are yourself) or a real estate developer – and you trust the advice of professionals to prevent you from missing electrical outlets in the corners, the electrical wires in the kitchen are not on the right wall or a room does not have a door.
Why setup your company via OMC CONSULTANCY
Our consultants (French, English and Arabic speaking) have years of experience in Dubai, and know all the administrative workings.
We help you avoid costly mistakes and above all save time and nerves: we know the authorities and the ways to go, you receive checklists of documents from us, we determine with you which type of company and which Freezone are best suited to your needs… We prepare everything for you.
As an agency, we get discounts on certain state-imposed start-up fees, which we pass on, which clearly puts the “extra cost” of our agency service into perspective – in addition to the fact that we help you, there are additional costs (longer stay on site, multiple entries due to missing documents, etc.) and loss of time (search for the competent authorities, etc.). bank interviews, applying for a visa etc.) to be avoided.
Is another “on-site” partner/associate necessary?
No, even as a foreigner, it is possible to found a company in Dubai on your own, which will then be your property. However, it is important to keep an eye on the tax rules (in particular the “place of management”) in order to prevent the income of the foreign company from being subject to tax, which is precisely what should be avoided.
How to open a bank account in the UAE and are there negative interest rates?
Once the company is created, it is in principle possible to open a bank account. These are usually managed in AED or USD, but there are also accounts in EUR. However, the process is complicated and time-consuming, especially if you don’t live there. Here, our good contacts with the big banks help us (and you) to make the process go quickly and smoothly and without complications. “Negative interest” (or deposit fees) are unknown in Dubai, there is even – depending on the currency in which the account is managed – positive interest on assets.
And that’s what’s most important: money-back guarantee
You only pay for the services you receive from us. If setting up a company through us fails, we will refund the full amount invoiced – unconditionally!