It is smart business to outsource legal, administration, accounting and tax matters to local UAE experts. It drastically cuts expenditure on highly-paid employees and office accommodation. It protects you by putting local business knowledge at your fingertips seamlessly. SORP has been providing highest-quality expertise to UAE businesses for over 15 years in a highly professional and cost-effective manner.
SORP Group offers bundled solutions for your business in the UAE
Doing business in a foreign country requires good knowledge of local practices and legislation to enable sound decision-making.
SORP’s experienced lawyers will resolve any law-related issues for your business through legal procedures, consulting and verifying contracts, and representing you with UAE regulatory authorities.
A business bank account is a vital necessity but banks don’t make it easy. You need to understand and comply with their procedures for new customers.
SORP Group has long-standing working relationships with major UAE banks and familiarity with their compliance as well as with KYC procedures to help ensure
a successful application.
Management and fine-tuning of your business processes by local experts delivers a solid foundation on which
to grow your UAE business.
SORP Group’s expertise will help you
to set up your business from scratch, implement operations management,
and respond capably to any internal
and external business risks.
Every business in the UAE obtains one or more licenses to operate a certain type of activities within the country and these must be renewed annually.
SORP’s specialists have built up deep knowledge about all renewal procedures and the processes specific to regulatory governmental authorities to provide fast and cost-effective solutions.
The multi-stage business document legalization procedure in the UAE often requires significant time, effort and expense.
SORP Group’s international network
of agents and well-established relations with the Emirates’ authorities enable it to perform document legalization quickly and properly.
A crucial task for any business in the UAE is to arrange knowledgeable and professional book-keeping, as well as
tax accounting, and financial reporting.
SORP’s experts provide businesses
with high-quality accounting services and assure fulfillment of the regulatory requirements related to timely financial reporting, preparation and filing.
To efficiently carry out trade operations in this country, you need to understand the ins and outs of authorizations, also permissions and how the system works.
SORP Group offers a complete bundle
of trade and logistics solutions related to obtaining licenses and permits, import/export arrangements, storage and transport of goods and more.
Many products and raw materials must undergo mandatory certification by the relevant authorities before being allowed into the UAE.
Businesses can take advantage of SORP’s knowledge of the processes and legislation to ensure their supply lines run smoothly, thus avoiding potentially costly delays, shortages and hassle.
Nominee services are widely used in
the UAE, are in full compliance with the legislation and represent a business tradition of Emirates’ companies.
SORP provides nominee services
in order to obtain licenses, confirm economic substance in the UAE and fulfil a number of other special roles
for your business.
Business process outsourcing support provided by SORP Group’s specialists can become a crucial factor for confirmation of your economic substance in the UAE, which is a fundamental requirement of doing international business here.
SORP Group has two units that provide you with comprehensive business support
Center of business expertise
Expertise on tap centered around strategic planning and business analysis
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strategic areas
Minimizing the need for highly-paid staff by engaging SORP’s knowledgeable and very experienced specialists in the field of business planning and analysis
Validating business plans, evaluating and tweaking strategy, developing financial policies and honing them to suit a UAE setting
Analyzing proposed business models in-depth to highlight potential strengths and weaknesses as regards local customs, laws and business environment specifics
In-depth evaluation and advice surrounding tax risks, developing tax optimization strategies on the basis of tax planning tools to mitigate a tax burden
Developing mechanisms and methods to deliver reliable protection against automatic exchange of tax information internationally under CRS
Assessing and verifying legal and financial documents to ensure full compliance with UAE legislation in all relevant matters
An array of support services for many operations management tasks and roles
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in-house experts
Annual license renewals, professional assistance in the areas of law, immigration, administration, and business process management
Audit control and crisis-management of your business, support in opening and maintaining corporate accounts, and getting through the bank compliance procedures
Recruiting local UAE personnel as needed in order to obtain the required licenses, building a sales force, legalization of documents
Confirmation of business management and control center at the company’s registered address in order to comply with economic substance requirements
Preparing formal financial reports under IFRS, and all the company’s documents, in order to submit them to the auditors
Trade mark registration, obtaining permits from the UAE Ministry of Economy and professional assistance in all the document preparation and execution procedures
Although the UAE is a very favorable jurisdiction for doing business, with excellent transparency of the law, like every country it has its own quirks and peculiarities in the legal and commercial framework. It is often difficult to understand them on your own and that presents risk. SORP Group will provide your business in the UAE with comprehensive support across all aspects based on our intimate knowledge of the country’s business customs and legislation.