Carry out real estate activities, open an agency, manage properties, all serving the $100billion growing market of the United Arab Emirates.
The UAE market shows constant demand for provision of professional and thorough real estate purchase and sale transactions, lease and management, as well as technical and general maintenance. SORP Group, as experts in business licensing procedures, will ensure a quick entry into this highly profitable and thriving niche and support on each stage of your business incorporation in the UAE.
Government authorities regulate all areas of real estate activity, which guarantees market stability and the absence of speculation. Therefore, an entrepreneur who decides to obtain a license in this industry can turn to SORP experts to minimize risks and complete the setup process quickly and easily.
Government authorities strictly regulate all areas of activity related to real estate, which guarantees market stability and the absence of speculation. Therefore, any entrepreneur who decides to obtain a license in this industry must meet a number of requirements.
The state requires a bank guarantee in the amount of $ 27,000 to $ 2.2 million for a number of licenses. Developers must open an escrow account.
The owner must demonstrate existing specialized knowledge. In some cases, the owner must take training courses and pass an exam at the Real Estate Dept.
The knowledge of the company's management must be confirmed, or managers sent on specialized courses conducted by the Real Estate Dept.
Proficiency accreditation and courses may also be required for employees who perform a range of financial functions, such as operations managers.
In addition to basic permits (RERA), some types of activities require approvals from the police, the Tourism Department, and the Construction Department.
SORP Group are business experts and provide comprehensive solutions for licensing the main lines of business in the United Arab Emirates. Licensing can be carried out in the local territory (Mainland) and in the territories of the Free Trade Zones of the UAE.
The company offers comprehensive solutions for businesses and shareholders from incorporation to obtaining UAE tax resident status.
Checking your company's concept for strategic and legal errors
We have helped thousands of clients acquire, build and develop businesses in the UAE
We carry out turnkey works - we will draw up a development plan for your company, help you obtain all permits and find qualified personnel that meets the requirements of financial regulators
We will ensure the security of your investment, compliance with current legislation and confidentiality of information
The SORP group of companies has its own Business Center - 54000 sq. ft of modern office space for licensing in the UAE and meeting the requirements of KYC and Economic Substance