BUSINESS CLUB
Cost: AED 4,999
Additional charges
(VAT Charges, Innovation Fee and Company Name Approval)
WORKSTATION SPACE – NO VISA ELIGIBILITY
Description
A shared workspace with allocation of limited time per month assigned to the client. Companies formed in the business center will have a free zone status. These companies will not be eligible to visa.
Offering
- Commercial Activities – Up to 5 allied activities mainly for import & export
- Service Activities – Up to 5 allied activities mainly for service providers
- Mix of Commercial and Services – As long as activities in both the categories are allied and grouped to a specific business type. For e.g.: It Consultancy, Software Design, Computer Hardware trading, Web Design
What type of place will the client get for this?
Desk space with usage of 10 hours per month.
Types of companies and documents required to open company on Business Club
One owner company (FZE)
- Application form
- Passport copy of the proposed owner
- Two colour passport size photos with white background
- Three company name options
- Company should decide on the capital to a maximum of AED100,000
Multiple owner (FZC)
More than one owner (FZC)
- Application form
- Passport copy for each partner
- Two colour photograph for each partner
- Clients decided capital. Maximum up to AED100,000
Branch of a foreign company (BFC)
-
- Application form
- Certificate of Incorporation of the mother company
- Memorandum & Articles of Association of the mother company
- Board Resolution detailing the formation of the branch or the subsidiary nominating authorized manager
- Passport copy with six months validity of the representative or the manager of the company
- Two colour photograph for manager
- Capital: No Capital required
NOTE:
Documents 2, 3 and 4 should be attested by the UAE Embassy in the company’s country of origin followed by the Ministry of Foreign Affairs in the UAE
Subsidiary of a foreign company
- Application form
- Certificate of Incorporation of the mother company
- Memorandum & Articles of Association of the mother company
- Board Resolution detailing the formation of the branch or the subsidiary nominating authorized manager
- Passport copy with six months validity of the representative or the manager of the company
- Two colour photograph for manager
- Capital: No Capital required
NOTE:
Documents 2, 3 and 4 should be attested by the UAE Embassy in the company’s country of origin followed by the Ministry of Foreign Affairs in the UAE
Branch of a local company (BLC)
-
- Application Form
- Passport copy of the representative or the manager of the company
- Two colour photograph of the manager
- Original License
- Original Chamber of Commerce Certificate
- Original Commercial Registration
- Board Resolution detailing the set up of branch company along with nomination a manager.
- Capital: No Capital required