Introduction
Setting up a business in the UAE is an exciting opportunity, but before you can begin operations, you must ensure you have the right documents in place. The process is straightforward when you know what’s required, but missing paperwork can delay your license approval.
1. Passport Copies of Shareholders and Directors
A valid, clear passport copy is mandatory for all shareholders and directors involved in the company. This helps verify identity and nationality for registration purposes.
2. Visa and Entry Stamp Pages
If you are already in the UAE, you’ll need to submit copies of your residence visa or entry stamp to confirm your legal status in the country.
3. Proof of Address
This could be a recent utility bill or a tenancy contract. It’s often required to comply with Know Your Customer (KYC) regulations.
4. No Objection Certificate (NOC)
If you’re on an existing UAE residence visa sponsored by an employer, a NOC from your sponsor may be required before you can establish your own business.
5. Business Plan
Certain free zones may require a business plan outlining your activities, target markets, and expected revenue before granting approval.
6. Trade Name Reservation Certificate
This confirms that your chosen business name is available and reserved for your use.
7. Initial Approval Certificate
Before obtaining your final trade license, you must secure initial approval from the relevant authority confirming there are no objections to your business activities.
Final Thoughts
Having all required documents ready not only speeds up the company formation process but also ensures you avoid unnecessary delays or rejections. At Capital Zone, we guide entrepreneurs step-by-step, ensuring that every piece of paperwork is handled correctly and on time.
