BUSINESS SUPPORT IN UAE

Local Sponsor/Agent

‘Local sponsor’ or ‘Local Service Agent’ is one of our services (Business Support In uae) common and general term used in the UAE to refer to local service agents and nominee shareholders (sleeping partners) in mainland companies with foreign investment. A sponsor has to be an Emirati (UAE national) with a family membership card (Jinsia). Operating a business in the Dubai Mainland area requires a local sponsor to be mandatorily appointed.

PRO Services

Acquiring UAE Residency Visa – Except for UAE and GCC national citizens, other nationalities must acquire a UAE residence visa to legally Live or Work in Dubai and other emirates.
For many working expats, the company that employs them will provide sponsorship them for a UAE residence visa OR you can setup your own company in any of the emirates of UAE (Free zone or a Local LLC company) and get the residency visa based on being the owner of your company.
A residence visa is also obligatory to obtain a driving license, register a car, apply for a PO Box, to Buy a property, open a bank account in the UAE and so on.
Cratus Consulting is one of the leading companies and PRO service is our strong verticals,

VAT registration in UAE

VAT Registration is mandatory for organizations and individuals conducting business support in UAE, having an annual turnover of more than AED 375,000/-. UAE will commence to implement VAT with effect from 1st January 2018. All organizations and individuals coming under above threshold limit (subject to the provisions of the relevant law) have to register for VAT on or before 31st December 2017.
Registration for VAT in the UAE is an online process which is at your fingertips in the Federal Tax Authority’s online portal. Before proceeding for VAT registration, the applicant should consider various aspects such as, weather to register as voluntary option or mandatory option, weather to register as a Tax Group or a Standalone etc.

Government Approval

We offer hassle-free Authority Approvals with our team that are well versed with the procedures of all the Government and Semi Government Approving Authorities. Cratus Consulting contains expertise in taking Dubai Approvals from all authorities in Dubai including but not limited to the mentioned authorities – Dubai Authority Approvals, Dubai Municipality Approvals, TECOM and DCCA Approvals (Dubai Creative Clusters Authority Approvals), Trakhees Approvals, Civil Defense Approvals, DSO Approvals (Dubai Silicon Oasis Approvals), DEWA Approvals, Concordia Approvals, and Nakheel Approvals, Etc.

Real Estate

Dubai is one of the hottest property markets in the region. After a bit of turbulence during the world economic crisis, Dubai’s property market is on a path of sustainable growth. The recent announcement of a record UAE Federal budget for the next three years, along with economic growth tied to Expo 2020, will act as a strong stimulus for the economy for many years to come. Recent statistics released is showing steady growth and an increase in the number of new investors in Dubai’s property market. AED19 billion ($5bn) of new investment has been made in the sector. This shows strong confidence in the market. A study on the cost of residential real estate versus the GDP per capita in key city hubs globally revealed that Dubai offers a very attractive value proposition for investors. 

Opening a bank account in the UAE

The United Arab Emirates boasts an excellent banking system which is famous for its economic stability and high level of customer service around the world. Local banks have a spotless reputation — none of them are on record in the black list. That is the reason successful foreign investors and entrepreneurs seek which look for Business support in uae to open a bank account in the UAE. Today the UAE’s banking sector comprises local and international organizations most domestic businessmen have never heard of. Therefore, you should entrust this task to the experts from Cratus Consulting. Our company provides a full range of services regarding opening and maintaining a bank account in the UAE. Specialists with long-standing experience will suggest you the bank which meets your requirements to the fullest, saving your precious time.