DELEGATE TIME-CONSUMING ADMINISTRATIVE TASKS TO OUR EXPERT PRO SERVICES TEAM
With our complete line of PRO services, professionals and entrepreneurs in all industries including SMEs can enjoy the convenience navigating administrative procedures easily. We at GCS Group are intimately aware of the complexities involved in running business operations, which is why our PRO services have been designed to be easily applicable.
If you require assistance in getting residence visas and Emirates IDs or with attestation and translation services, we have got what it takes to cover all your PRO needs. Our professional and hard working staff will help you to get things done right quickly, smoothly and in accordance with regulations–let us do the paperwork for your administration.
Although the original license still must be issued through GCS Group, our PRO services are designed to make your experience as smooth and hassle-free will possible for you. We are your reliable partner in guiding you through the twists and turns of administrative procedures here, from licensing application right up to running operations.
Our Bank Account Opening In UAE
Residence visas for dependents, domestic helpers, and drivers.
Acquiring or renewing a UAE driver’s license, liquor license, police clearance, and power of attorney (POA).
Courier/driver services available during regular office hours.
Acquiring or renewing Emirates ID cards and e-gate cards.
Registration and renewal with the Chamber of Commerce.
Ejari registration and renewal services.
Attestation and professional legal translation services.
The Complete Guide to Choosing PRO Services in Dubai
Setup a business in Dubai entails consideration of many factors, the most important being choosing an appropriate PRO services. Venturing through the bureaucratic tangles of licensing, visas and red tape over various government departments can be a treacherous experience. But when fully advised it is possible to cut months from this process and get into business more quickly.
Picking the right company for PRO services in Dubai is just as important. The ideal partner should be able to give you exactly what your business needs. From this aspect, we introduce ourselves proudly as an outstanding solution for all your PRO service needs. Our complete range of services is designed to meet the different needs that enterprises face when they brave the vibrant world in Dubai.
The Basics of PRO Services in Dubai
Setting up a company in Dubai usually means performing mundane administrative chores, and that is where PRO services shine. PRO, or Public Relations, services play a crucial role by helping to smooth and speed up such numerous governmental procedures as those related to business establishment. Here’s a closer look at what PRO services entail and the key considerations when choosing a provider:
What are PRO Services?
PRO services in the form of Gov shop includes helping with administrative work, including dealing directly on your behalf to make important documents from various government agencies by P.R O’s who specialize creating and handling them. These services are crucial to the running of businesses in Dubai and keep them inside legal bounds. Some of the prominent corporate PRO services include:
- Labor and Immigration Card Processing: Processing employee-related cards is an integral part of PRO services that involves managing documents related to labor and immigration.
- Visa Approvals: Assisting the approval process for different kinds of visas, such as residence and employment visa and employee visa.
- Emirates ID Card Processing: Aiding the issuance of Emirates ID cards for employees, and other persons.
- License Processing: What it is about Business licenses are necessary to establish a company, and applications for them must be prepared.
- Trade License Application: Assisting businesses in obtaining the trade licenses required for their operations.
Choosing the Right PRO Service Provider
Here in Dubai, choosing a PRO service company takes thinking. We all want things to go smoothly and quickly here too. Here are key factors to evaluate:
- Experience in the Field: Find a consultant who is known for his reputation and tremendous experience in providing PRO services to clients in Dubai. This ensures familiarity with the intricacies of local regulations.
- Quality of Work: Determine the provider’s track record of delivering results. Positive reviews and testimonials can be used to assess their service quality.
- Operational Approach: Consider whether PRO services are individual or only go through a single process. Personalized services will often better address the unique needs of your firm.
- References and Reviews: Ask for references from other companies that have utilized PRO services. Frank’s review provides us with a real sense of how things will go.
After you have identified the choices, do not be afraid to ask. In general, trustworthy PRO service suppliers are always ready to address any inquiries you may have. After all, it is an informed decision.
The Different Types of Business Setup in Dubai
When establishing a company in Dubai, there are various types of business structures to consider. Let’s explore the most common ones:
This is a straightforward business structure owned by a single individual. The owner assumes responsibility for all debts and liabilities incurred by the business.
Benefits of a Sole Proprietorship:
- Low startup costs
- Easy setup process
- Taxed at the owner’s tax rate (potentially nothing)
- Complete control over business decisions
Drawbacks of a Sole Proprietorship:
- Limited financial resources
- Personal responsibility for all debts and liabilities
- No separation between owner and business
- Limited ability to raise capital
This business structure involves ownership by two or more individuals, with all partners sharing responsibility for the business’s debts and liabilities.
Benefits of a Partnership:
- Equal ownership and control of the business
- Simple setup process
- Taxed at the partners’ tax rate
Drawbacks of a Partnership:
- Personal responsibility for all business debts and liabilities for each partner
- No separation between owner and business
- Limited ability to raise capital
- Limited lifespan – the partnership dissolves if any partner dies or leaves the business
Limited Liability Company (LLC)
An LLC provides limited liability protection to its owners, ensuring their liability is restricted to the amount invested in the company.
Benefits of an LLC:
- Limited liability protection for owners
- Simple setup process
- Allows for foreign shareholders
Drawbacks of an LLC:
- Owners are not personally liable for company debts and liabilities
- Setup costs may be higher compared to other business structures
- Potential restrictions on ownership qualifications
Company Limited by Guarantee
This company type lacks shareholders but instead involves members who assume responsibility for the company’s debts and liabilities in the event of bankruptcy. While common in Dubai, it is less prevalent in other countries.
Benefits of a Company Limited by Guarantee:
- Members are not personally liable for company debts and liabilities
- Potentially more cost-effective to establish compared to other business structures
Drawbacks of a Company Limited by Guarantee:
- Members may need to contribute funds if the company faces bankruptcy
- Challenges in raising capital
- Limited lifespan – the company dissolves when all members either die or leave the business
Joint Stock Company
A joint-stock company, with shareholders, is accountable for the debts and liabilities of those shareholders.
Benefits of a Joint Stock Company:
- Shareholders are not personally liable for company debts and liabilities
- Despite potentially higher setup costs in Dubai, this structure is feasible
- Allows for different classes of shareholders, each with distinct rights
Drawbacks of a Joint Stock Company:
- Shareholders bear liability for company debts and liabilities
- Potential complexity with various classes of shareholders
- Challenges in raising capital
- Limited lifespan – the company dissolves when all shareholders either die or leave the business
How to Choose the Right PRO Services in Dubai
Finding the right PRO services company is important to establishing a successful business in Dubai, and can impact greatly on the process.
As a respectable firm, we provide help with every step of your voyage. Starting from selecting the best structure for your business to securing a license, opening bank accounts and everything in between, we’ll be right there with you every step of the way.
Definitely a major consideration is how long the company has been in business, with many experienced firms offering all manner of PRO services. Apart from the unique tax system in Dubai, which differs from that of the US, UK or Canada for example, service providers within PROs located there are obliged to conform with international standards.
Today, let’s explore the significance of choosing a PRO services company with tax and accounting assistance. Our specialties include these areas. We are equipped with a team of professional accountants who keep themselves acquainted with what’s new in tax laws.
Tax Law and Accounting in Dubai
Tax law and accounting are one of the most important considerations when considering PRO services in Dubai. Therefore, for enterprises doing business in Dubai this area is particularly important. It requires a professional with long experience to see that laws and regulations are not violated.
Businesses of all stripes in Dubai must submit their financial statements to the Department of Economic Development (DED), regardless if they are large or small. The DED is responsible for issuing licenses and monitoring all economic activity in Dubai.
In Dubai, a number of different kinds of business can be set up; each may have its own accounting and tax requirements.
Irrespective of the kind of business, tax filings and keeping financial records accurately is a complicated affair. Expert help in these matters is an absolute necessity. Not filing taxes or keeping poor financial records can result in high fines and even prison. Financial statements must be submitted each year to the Department of Economic Development (DED) by a deadline that is usually at the end of April.
Taxes in Dubai vs the USA
People are naturally interested in the tax differences between Dubai and other countries like the US.
There is no personal income tax in the UAE, although businesses have a 24 % corporate rate. This figure is, nevertheless, far below the corporate tax rates of some countries–the US (35 %) and the UK (21 %).
Apart from corporate taxes, however other forms of tax exist. Businesses must also pay Zakat (a religious tithe), even though this is but around two and a half percent of annual company profits in most cases.
However, depending on business type and location, other taxes may be required. Optimizing Dubai’s tax infrastructure requires consulting a suitable PRO services company. For instance, the Dubai Free Zone provides numerous tax exemptions for businesses situated there, including:
- Exempt from corporate tax for 100 % of the first five years.
- Exemption from 50 % of corporate tax over the next five years.
- 100% exemption from Zakat tax
- No import duties on capital goods and raw materials.
If these benefits interest you, there are huge advantages to starting a business in the free zones of Dubai. Building on our long history of getting clients established in Dubai, we will help you take full advantage of all possible tax exemptions.
Our Experience Setting Up Businesses in Dubai
GCS Group offers our experience in business set up.
With our experience in helping entrepreneurs from across the globe to set up companies here, we have a wide range of resources that span all areas related to starting business. This guide offers a general introduction to the PRO services we provide, featuring some of our most-demanded offerings.
After walking you through the types of businesses available in Dubai, we are now fully prepared to help with your setup process. Our years of background in various business structures allow us to help you choose the most suitable one for your company. Should necessary, we also assist with licensing applications. Moreover, we will help you set up a bank account to make it easier for you fit in with Dubai’s prospering business environment.
Our support services for business include accounting, bookkeeping, HR and marketing. Our team of experienced professionals is fully prepared to meet all your needs. You can focus on what you’re best at, doing business!
Citizenship and Residency
Specialist in citizenship and residency│ We’ve partnered up. We would be glad to help you attain residency or citizenship anywhere, including the UAE. But we’re also good at serving up Malta and even Cyprus (the former Then there is Portugal).
Living in Dubai
Would you be willing to live in Dubai as a foreigner? GCS Group is here to help you find the right property and make your move into a new home an easy one.
They offer a complete package of services, from finding the right property to furnishing it and providing utilities. Moreover, they can help you find a school for your kids and set up basic services like banking.
We are proud to be associated with GCS Group.
With over 26 free zones, Dubai offers a variety of benefits created to suit different types of businesses and business operations. Here are a few examples:
Dubai Silicon Oasis:
Ideal for technology companies, this free zone provides:
- Exempt from corporate taxation 100 % for the first five years.
- The subsequent five years exempted at 50 %.
- There are no import duties on capital goods and raw materials.
Available to luxury brands, this free zone offers a 3-year exemption on corporate and foreign taxes. The next two years tax is cut by half; as for imported capital goods and raw materials from overseas there are no import duties at all.
Dubai Airport Free Zone:
Catering to logistics companies, this free zone provides:
- Exemption from corporate tax at 100 % for the first five years.
- For the subsequent five years, 50 % exemption.
- There were no import duties on capital goods and raw materials.
Dubai Multi Commodities Centre (DMCC):
Commodities Trading Zone The first free zone in China is tailored for commodities traders, offering a 100 % exemption from corporate tax; no import duties on capital goods or raw materials: and a 50 % personal income tax.
Final Thoughts on PRO Services in Dubai
If you are looking for a PRO services company in Dubai that fits these criteria, we’re just waiting to help. Our firm has years of experience in setting up businesses in Dubai, and we can offer you a customized service as per your needs.
For a long list of references and reviews, please visit our Facebook page.
So don’t delay–contact us today for more information on our business structure experience! Or be sure to read what past clients have divulged in regards to PBC Office. We trust you will find our service first-rate!