Prime Tower, Office# 2707, Business Bay, Dubai, UAE
If one wants to start an investment company and if one like to invest he needed to hired by hedge fund or start his own Investment Company. Investment companies purchase securities issued by companies and they also issue securities, which their clients buy. Depending on jurisdiction one might need to register with government agencies, one should work with consent of lawyer to identify all requirements.
Starting an investment company is a lot of work but as business consultant we Bizgate assure you to stand beside you any time. It is surely doable making preliminary decisions, choose the type of Investment Company to go with. There are many types of companies that fall under the heading of the investment companies. In terms of business structure investment companies can be corporations, partnerships or limited liability companies, each forms carries its own risks and benefits which one should think about carefully.
Knowing how to secure your financial well-being is one of the most important things you’ll ever need in life. You don’t have to be a genius to do it. You just need to know a few basics, form a plan, and be ready to stick to it. No matter how much or little money you have, the important thing is to educate yourself about your opportunities and this all can be achieved with help of right Investment Solution partner.
Saving money remains a top priority among many residents in the UAE, but unfortunately, only a few are able to set aside a huge portion of their income to secure a comfortable retirement or fulfil their financial goals in life.
According to a survey by Payfort, an Amazon company, the majority of people living in the UAE (38 per cent) are able to save only 10 per cent of their income, while only less than a quarter (23 per cent) manage to leave 10 to 25 per cent of their earnings untouched. A worrying 28 per cent, nearly three out of ten people, are not saving at all.
If the majority of the earners make less than Dh10,000 a month, that means most people barely manage to spare less than Dh1,000—or nothing at all-- every payday.
But financial advisers say those who are determined to build their income should not despair, because no matter how small the savings they make each month, be it Dh100, Dh250 or Dh1,000, they can still see their money grow. The key is not to stash that unspent income in a jar or zero-interest bank account. Invest it. In fact, people don’t need to set aside a ton of dirhams to become an investor and it doesn’t require a master’s or PhD to put that small money to work. If, after all this time, you have managed to put away only Dh2,000, here’s what you can do with it.
from corporate tax
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
2 Persons can open up an LLC
The maximum number persons or employees an LLC can have is 50
If you want to open an LLC in Dubai then you have to invest a minimum of AED 300,000/- or USD 81,744/- which is abysmally when compared to the higher forms of organization set ups.
If you want to open an LLC in emirates other than Dubai, then the capital requirement is further down to AED 150,000/- or USD 40, 872/-.
The DED is the vital government body for registering and licensing companies who intend to do business in the mainland of Dubai. The DED recently has been updating its rules and regulations to act as a one stop shop service centre for all licenses in mainland Dubai. Today DED provides fast track services compared to most of the government authorities in other emirates or neighbouring Gulf countries.
Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space
Apply for a trade license
Submit docs and pay license fee
Obtain license & start business operationbr>