Shuraa Business Setup

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About Shuraa Business Setup

Founded in 2001, Shuraa Business Setup is leading provider of company formation services in the UAE. With 20 years of expertise and a highly experienced and competent team comprising lawyers, certified accountants, tax consultants, translators, well-connected public relation officers and corporate advisors with extensive knowledge of the UAE’s operational framework, Shuraa has helped more than 35,000 entrepreneurs start their business journeys.

Open a Grocery Store in Dubai

Shuraa Business Setup10 May, 2024Business

To open a grocery store and operate it successfully, you would require a grocery license in Dubai. It is a necessity, and every business activity is categorized under a certain category. All products except pharmaceutical, herbal, medical, and cosmetic items can be sold in a grocery store. Besides, to maintain the validity of the license, the applicant has to pay a certain amount of fee. In addition, they must ensure to renew their trade license at least a month before it expires.

How to apply for a maid visa in Dubai?

Shuraa Business Setup09 May, 2024Business

The UAE government understands the family’s needs to hire housemaids, which is why it introduced the maid visa allowing families to live with a full-time maid. However, there are certain prerequisites to apply for a maid visa in Dubai. For instance, the individual applying for this visa must have a salary not less than AED 5000. They must have a two-bedroom apartment with an Ejari certificate. In addition, the maids can be sponsored only from the countries approved by the MOHRE (Ministry of Human Resources & Emiratisation).

Manufacturing Industry in UAE

Shuraa Business Setup07 May, 2024Business

The manufacturing industry in UAE is a strong pillar of the nation’s dynamic economy, contributing significantly to its GDP. It accommodates a diverse range of sub-sectors, including chemicals, plastics, metals, food, and beverage. Each of these sub-sectors plays a pivotal role in the overall industrial tapestry of the UAE. Moreover, the advanced infrastructure, strategic location, and government support provide a fertile ground for manufacturing companies to flourish and expand.

How to Sponsor Your Parents in UAE

Shuraa Business Setup06 May, 2024Business

The United Arab Emirates allows you to sponsor your parents and bring them to live with you. Nevertheless, there is a specific eligibility criteria that you need to meet. One of the main requirements for sponsoring parents in UAE is the financial threshold. The key sponsor needs to have a specified minimum monthly income to qualify for this process. Besides, this threshold is higher than required for a spouse or child sponsorship, considering the higher financial responsibility for supporting parents.

Escrow Account in Dubai

Shuraa Business Setup02 May, 2024Business

Running high-value transactions in Dubai’s real estate sector smoothly and securely is a big question. The Escrow Account in Dubai plays a vital part in this. An escrow account is basically a legal arrangement where a neutral third party temporarily holds money or property until a specific condition is met. For example, completion of a purchase agreement. This ensures that the obligations of both parties, buyer and seller, are duly met in the transactions.

Benefits of UAE Golden Visa

Shuraa Business Setup09 Apr, 2024Business

The United Arab Emirates is world-renowned for its state-of-the-art infrastructure and unparalleled economic opportunities. The nation is a global magnet for entrepreneurs, investors, and high-net-worth individuals. That is probably why people sought to secure residency in this dynamic country through a Golden Visa. This exclusive scheme offers a pathway to long-term residency for those individuals who meet certain criteria. In addition to that, several other benefits of UAE golden visa have captured the attention of the world.

No Objection Certificate in the UAE

Shuraa Business Setup06 Apr, 2024Business

The No Objection Certificate UAE is one of the most essential documents for entrepreneurs. It serves as a formal confirmation from the relevant authorities, which streamlines various undertakings in the country. Therefore, it is crucial to understand its significance. The presence of NOC ensures that the relevant parties agree to the endeavor, thereby mitigating any potential legal or procedural complications. Given the strict administrative procedures of the UAE, the NOC is a fundamental requirement at most government departments across the country.

Crowdfunding in the UAE

Shuraa Business Setup02 Apr, 2024Business

Crowdfunding allows innovators and entrepreneurs to tap into collective support to transform the financial landscape for startups and SMEs. Moreover, the thriving economy of the country has accentuated crowdfunding as a pivotal tool for funding diverse projects and ventures. Multiple authorities together form the regulatory landscape for crowdfunding in UAE. For instance, the Central Bank of the UAE (CBUAE), Securities and Commodities Authority (SCA), Financial Services Regulatory Authority (FSRA) in ADGM, and others.

Best Crypto Wallets in the UAE

Shuraa Business Setup01 Apr, 2024Business

Traversing the world of cryptocurrencies can be overwhelming – especially for beginners. As more people are stepping into the crypto market, it has become crucial to understand the importance of secure digital currency storage, such as crypto wallets. These are a digital solution for the secured storage and management of blockchain assets & cryptocurrencies. There are different alternatives available and shortlisting the best crypto wallets in UAE can be challenging.

Unified Number in Dubai

Shuraa Business Setup28 Mar, 2024Business

The Unified Number (UID) is mandatory to apply for an Emirates ID. It is a unique code issued to everyone arriving in the UAE. It serves as an identification to recognize people distinctively and further can be used for other purposes like visa processing, Emirates ID application, etc. The General Directory of Residency and Foreign Affairs (GDRFA) is responsible for issuing the unified number Dubai. It is given out once and stays permanently with the individual even while extending the visa or altering the status from visitor to permanent resident.