Choosing the right business license is one of the most difficult and important stages.
In the UAE, a license is a kind of criterion for evaluating your reliability, solvency and professionalism. Therefore, make sure to choose a license that most closely matches your real business activity and pick a license in the territory that provides the maximum benefits and opportunities for doing business in your chosen markets.
The more complex your license is, the more serious your partners and banks will take your business, and the more significance your company will have in the eyes of other representatives of the business environment.
For a quick and accurate licensing process, you need to analyze the many factors that make up a business idea. The analysis takes into account:
All business licenses in the UAE are issued for a period of 1 year with an annual extension after submitting audit reports, a lease agreement for a following period and other legal requirements to the regulatory authorities. This is a form of state control and a substitute to a “regular tax” burden on businesses.SORP Group offers comprehensive solutions for the rapid renewal of licenses of any complexity. We offer:
SORP Group is a leading consulting group that for more than 15 years has been providing a full range of services for incorporation, support and business management in the UAE and beyond. We have an impeccable reputation, wide scope of opportunities and assets:
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