Key Business Setup Services Offered by ASFI Consulting:

1. Business Structure Consultation and Advice:
   ASFI Consulting helps entrepreneurs and businesses select the most suitable legal structure for their venture in Dubai. They offer expert guidance on choosing between various business setups, including:

   • Mainland Companies (DED-Registered): Businesses that operate directly in the UAE market and require a local sponsor for certain activities.
   • Free Zone Companies: Companies set up within specific Free Zones that offer 100% foreign ownership and attractive tax exemptions.
   • Offshore Companies: Businesses established outside the UAE mainland, often for asset protection and international trade.

   Based on the client’s goals, industry, and requirements, ASFI Consulting provides professional advice on the advantages and limitations of each option, helping businesses make informed decisions.

2. Company Registration and Licensing:
   ASFI Consulting assists with the entire company registration process in Dubai, including obtaining the necessary trade licenses from relevant authorities such as the Department of Economic Development (DED) for mainland companies, and various Free Zones for businesses setting up within these areas. They handle:

   • Submitting the application for business registration
   • Drafting the Memorandum of Association (MOA) or Local Service Agent Agreement (for mainland companies)
   • Securing the trade license (commercial, industrial, or professional)
   • Acquiring additional permits and approvals from specific regulatory authorities depending on the nature of the business.

3. Office Space Setup and Leasing:
   ASFI Consulting assists businesses with finding and securing office space in Dubai, whether in a Free Zone or the mainland. They provide options that align with the company’s operational needs, budget, and legal requirements, ensuring that all business activities are carried out from a compliant office space. For certain business setups, physical office space may be a legal requirement, and ASFI Consulting helps clients navigate these regulations.

4. Local Sponsorship Services (for Mainland Companies):
   For mainland companies that require a UAE national sponsor or local service agent, ASFI Consulting provides reliable and transparent sponsorship services. The sponsor acts as a shareholder, owning 51% of the business, while the foreign investor retains full control of operations. ASFI Consulting ensures that sponsorship agreements are structured fairly and legally, providing peace of mind for international investors.

5. PRO (Public Relations Officer) Services:
   As part of their business setup services, ASFI Consulting also offers PRO services to help businesses handle all the government documentation, approvals, and legal procedures required for business establishment. This includes dealing with visa applications, labor and immigration registration, and obtaining relevant permits from government authorities. By using ASFI Consulting’s PRO services, businesses can avoid delays and ensure that their setup process runs smoothly.

6. Visa Services and Immigration Support:
   ASFI Consulting handles the visa applications for both business owners and employees, including employment visas, residency visas, family visas, and dependents’ visas. They ensure that businesses comply with immigration laws and that all necessary work permits and visas are processed efficiently. Their services also include assistance with obtaining Emirates ID cards for employees and ensuring that all personnel are legally registered in the UAE.

7. Bank Account Setup:
   ASFI Consulting assists clients in opening corporate bank accounts in Dubai. They guide businesses through the process of selecting a bank that suits their financial needs and ensure all required documentation is submitted for the account opening. ASFI Consulting also helps with navigating banking procedures, making it easier for businesses to access financial services and manage their operations.

8. Tax Registration and Compliance:
   ASFI Consulting offers services for businesses that need to register for VAT or other tax-related processes in the UAE. They help businesses comply with the Federal Tax Authority (FTA) regulations, including VAT registration, tax filing, and maintaining accurate financial records. This is particularly important for companies that cross the VAT registration threshold or are involved in certain business activities that require tax registration.

9. Legal and Regulatory Compliance:
   Ensuring compliance with local laws is crucial for any business operating in Dubai. ASFI Consulting helps businesses navigate the legal and regulatory landscape by ensuring all company documents, contracts, and agreements are in order. This includes assistance with:

   • Contract drafting (e.g., employment contracts, partnership agreements)
   • Notarization and attestation of documents
   • Legal support for businesses in terms of corporate governance, shareholder agreements, and more.

10. Business Strategy and Market Entry Consulting:
    ASFI Consulting offers strategic guidance for businesses looking to enter the UAE market. Their services include market research, competitor analysis, and advising on the most effective business strategies for success in Dubai. They help companies understand the local business environment, consumer trends, and regulatory frameworks, ensuring businesses can position themselves effectively for growth and success.

11. Relocation and HR Services:
    For international businesses setting up in Dubai, ASFI Consulting offers relocation services for expatriate employees, including assistance with housing, schooling, and logistical support. They also provide HR services, including recruitment and workforce management, helping businesses build a skilled and compliant team in the UAE.