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Company Liquidation in UAE Free Zonescompany liquidation in DubaiCompany Liquidation or closing of a company is the process when the company or business completely closes down all of its operations and all the assets and properties of the company distributed to its creditors and shareholders. Closing a company or business is not a straightforward task, but we have the expertise which will help you in a very smooth liquidation of your company or business. The operation is also called as de-registration of the company. We can help you to complete this complicated task in all of the free zones of UAE. To completely terminate a business or company in UAE below mentioned requirements must be followed. Requirements may vary from free zone to free zone but most of them will remain the same in each free zone. Free Zone Company Liquidation Requirements The company must not have any liabilitiesAll existing active visas must be canceledAll existing corporate Bank Accounts must be closedAny assets at time of liquidation must be transferred to the shareholders or a third partyAll fees and charges concerning the free zone authority must be clearedImmigration clearance must be obtained from Free Zone AuthorityThe company must prepare a resolution to liquidate and appoint a licensed liquidator to carry out the procedureThe liquidator must approve the order of action of the companys liquidation and send confirmation that the company has no assets or obligations/liabilities by preparing a final Audit Report/Liquidation Letter

Company Liquidation in Dubaicompany liquidation in DubaiUAE is always focused on building a robust business infrastructure to support business and drive economic growth. Expats from all over the world continue to move to Dubai for a better life and better opportunities. There are immense opportunities in Dubai for business setup and to operate a successful business. However, in the event of closing down your business or closing down and reopening a new business, etc., there are a few documentations, paperwork and legal proceedings to be initiated. It is to ensure the smooth closing of your establishment and not record any fines or late fees. As closing the business in Dubai requires a lot of processes, documentation, attestations, and approvals from Government Authorities, it is best to initiate the closing of business in Dubai by taking the assistance of a well experienced Business Consultants to save time and effort. Our expert team at Aurion Business Consultants will hand hold you throughout the company liquidation process to ensure you have a hassle-free company liquidation in Dubai. What are the Steps in Closing down your business in Dubai?The basic steps for closing down all types of legal forms of business in Dubai are almost the same with few variations depending on the type of business and the business jurisdictions Mainland, Freezone, Offshore.

Brandingcorporate identity in UAEBranding of the company is the first step to be taken by an entrepreneur who is seriously into any kind of business or profession. In a competitive market, effective brand strategy gives an identity to the company. It adds value and projects the commitment and reliability of company. Creating a Brand is painful process, where the brand creator conveys the commitment of business visibly to customers at first sight and the whole business revolves round the concept. The process of Brand creation involves:- Studying the Activity of Company or ProfessionUnderstanding target segment of Business or ProfessionCreating a perfect LogoDesigning, Developing and hosting great WebsiteTag lineColour code combination to be usedType face to be usedBrand Message (Important messages to be conveyed to customers)Integrating Brand ( Brand should be visible in every aspect of business or profession - (phone call etiquette, emails, uniform of staff, corporate gifts etc)Designing templates for marketingBeing consistent (Consistency is the hall marl of branding, If the brand is not consistent, it will fail) AURION has different packages for CORPORATE BRANDING based on requirements of Clients. Our Brand Manager can define a brand and give advise regarding the implementing of Brand.

UAE has evolved as a leading business hub in the Middle East having connectivity by air and sea to all the major cities of the world. Investors from all parts of the world makes it a second home. Dubai is one of the booming Emirates of UAE and provides various schemes for company formation in Dubai. With its spectacular infrastructure, business friendly atmosphere, easy accessibility along with safety and security makes it the best option for company formation. UAE Freezone Company FormationUAE Mainland Company FormationUAE Offshore Company Formation Understanding the difference between freezone, mainland and offshore company formation is important if you are planning for company formation in Dubai or UAE. Company formation in UAE include the choosing of license based on your activity, preparing legal documents, opening bank account, visa processing which are found to be cumbersome by the aspiring entrepreneurs. But with AURION team, company formation in UAE will never be a difficult task. AURION is a renowned name for UAE company formation, having established for more than a decade and incorporated hundreds of companies successfully with bank accounts. We are one of the largest incorporators of freezone and offshore companies in UAE.

UAE freezone company is the perfect choice for foreign investors who want 100% ownership of their business. Complete foreign ownership, exemption from tax, tax residency certificate etc make UAE freezones the most favourable location for company setup and attracts the investors for freezone company registration in UAE.UAE has more than 42 freezones with separate jurisdictions. Each major freezone has more than 8000 companies registered and investors are forming bee-line to set up business in UAE freezones. Company registration in each freezone has different set of requirements, cost and legal structure. The following types of companies are registered in UAE freezone: ServiceCommercial TradingIndustrial / Manufacturing AURION has professional experts with in-depth knowledge to guide investors on all matters starting from finding the right location to set up business, registration with Free zone, legal structure of company, getting trade license, registration with Chamber of Commerce, banking assistance, obtaining new director visa, employment visas and family visa etc.

UAE is one of the safest countries in the world and also the trading hub of Middle East. Being a tax haven, with a strong network of Banks, businessman find UAE as an ideal location to setup company and bank account. AURION will help you to setup your Mainland Company in UAE / Limited Liability Company Dubai, with minimum documentation and without hassle. As per Commercial Company Law of UAE, a company is defined as a contract under which two or more persons are committed to participate in an economic enterprise with the objective of profit realization by contributing a share in capital or work and dividing between themselves the profit or loss resulting from the enterprise Article 8, Clause 3 of CCL also says that a company can be incorporated or held by a single person in accordance with the provisions of this Law.

UAE with its business-friendly environment, safety, security and connectivity to180 countries makes it one of the top preferences of investors to settle here and make it a second home. Establishing business in UAE has a list of procedures and formalities to be carried out. It also requires proper documentation and approvals. Doing the documentation and getting the approvals are surely hectic and time consuming for the investors. The solution is to approach the best pro service in UAE. Public relation work is a fundamental and the most essential activity of any company in UAE for business setup, company formation procedures. Our market research, analysis & client survey indicated that a lot of time is devoted and hassles involved to keep record, follow up of renewals & expiry dates, updating the rules of the Labor, Immigration, Chamber of Commerce & other Government institutions, a lot of man hour, man power, expense towards salary, transportation, accommodation, gratuity, insurance etc of employees are involved along with setting up companies. AURION, one of the best PRO service in Dubai, UAE acts as a single window solution to all PR activities of Company, providing reliable and professional assistance. AURION, being one of the top business consultants in UAE is also one of the most preferred PRO service providers in UAE. Aurion includes a team of well-trained PROs providing the best pro service carrying out all the PR related work in a systematic manner. Our PRO team not only provide PRO service in Dubai, but also provides PRO Services in Sharjah, PRO Services in Ajman, PRO Service in Ras Al Khaima, PRO Service in Fujairah and UmmAl Qwain. We provide professional PRO service to new as well as established businesses in UAE and guide entrepreneurs in freezone, LLC or offshore company setup. Clients can leave all their worries and rely on our PROs. We have indigenously developed office management system software to secure all data safely.

Visa is an official document stamp on your passport, which allows you to enter or stay in a particular country for a specific period of time. Under UAE Law, there are different types of visas available. Type of visa depends on the entry purpose of the visitor. Any visitor coming to UAE requires a valid tourist visa. The visa can be either in the form of a visa on arrival or a pre-applied tourist visa depending upon your nationality or the passport you are holding. UAE Residence visa is mandatory for all other nationalities to obtain, except for UAE and GCC National Citizens. They will get the visa once they present their GCC passport or ID on arrival. If the passenger is a GCC resident holder, high profession holders are given preferences. Types of Visas in Dubai- UAEEmployment Visa permits the foreign national to work for a specific time period.Investor / Partner Visa - allows to enter or stay in country based on his/her investment.Visit or Tourist Visa - permits you to enter for a certain time period.Family or Sponsor Visa - permits sponsoring of parents, spouse, and children.Maid Visa - allows the foreign national to work under the sponsorship of the employer.

Most of the investors find it difficult to find a warehouse in UAE for their business, but with AURION there is a solution for all your business requirements like Trade License, finding office space, warehouse space. Warehouses are required for manufacturing license, Industrial license or any activity which requires storage and distribution. We have warehouse built in international standards comprising of big storage area, office, pantry and toilet. There are different sizes available and investors can lease the warehouse based on their requirements. The available area is 100sq. m, 125 sq. m, 250 sq. m, 400sq. m, 600sq. m. We can provide the warehouse in Dubai, warehouse in Sharjah, warehouse in Ajman and warehouse in all parts of UAE as per your business requirements as the selection of warehouse depends on the type of goods to be stored, as some to be in Freezing temperature, some to be in cooling temperature etc. The best part is to find the freezers are also available in the region. Even the facilities are extended to store the dangerous goods. Freezone Warehouse FeaturesModern international infrastructureOptional power loads of 50/100/150 KWLow Maintenance costsConnectivity through Land, Air & SeaEasily accessible truck loading bay & ample parking facilitiesBuilt-in office spaces with reception, pantry & multiple lavatoriesSuitable for light industrial activitiesAvailability of multiple sizesFlexible Visa QuotaEasy payment plan

Trademark is a brand name, symbol or logo that used by the manufactures to identify their goods and services that are legally registered or established. It can be a name, word, signature, letter, figure, drawing, symbol, title, tax stamp, seal, image, inscription, advertisement, or any other combination that is intended to be used. Ministry of Economic is responsible in Trademark registration in United Arab Emirates (UAE). Trademark is valid for all the seven emirates (Abu Dhabi, Dubai, Sharjah, Umm Al quwain, Ras Al khaima, Al Ain and Fujairah). A trademark registration is valid for 10 years in the UAE further extension needs additional fees, and the registration can be renewed for the same period. Registered trademark will be under legal protection in UAE during 10 years since the date of official TM registration. Benefits of UAE Trademark RegistrationCan help to protect your business identity.Protecting you for using the similar trademarkConcrete Proof of your legally protected rightsIt removes the need to rely on common law rights (passing off)Registration protects against others who trade in the same, but defective goods/services.

A Will is a mandatory assignment for financial planning, it forms the legal document to protect the estates and hand it over to the loved ones in case of sudden demise of the signatory of the Will. Writing a Will enables to distribute assets, shares, or any valuables according to ones own wishes and it gives peace of mind to the signatory. Creating a Will also provide the legal protection to rightfully distribute the estates, and take care of any minor children at the event of any unforeseen circumstances. Why is having a Will essential in the UAE?As an expat living in UAE, there are few legal regulations that will be applicable to assets and estates based in the UAE: UAE follows Shariah Law for distribution of assets. Non-Muslims, however, are given the option to choose to opt out of the application of the Shariah Law for the distribution of their assets in the UAE. If the signatory does not have a Will, Shariah Law is applied by default to the distribution of all the assets in the UAE.In the absence of a Will, the guardianship of children below 21 years of age may be determined by the courts as per the UAE Law. A duly registered Will can ensure the appointment of the wife as the guardian of the minor children.For security and safety of the financial assets, bank accounts, other valubles, having a Will is helpful.The bank accounts, single as well as joint account will be frozen upon the death of an individual. Hence, for the spouse to have control over the bank account the Will comes handy.The dependent's visas are cancelled and will be given a one-month grace period to stay in the country for the proceedings and then leave to the home country. A Will helps in claiming the rights during such instances.

The ISO 9001:2015 Quality Management System provides a unique framework for any organization to establish a customer satisfaction oriented Quality System that is internationally recognized and can be independently assessed and certified. The ISO 9001:2015 Quality Standards are being implemented in many service organizations, Trading Companies, manufacturing/ Industrial Companies. Globalization of market, heightened quality requirements through tough competition have lead to the quality thrusts nationally and internationally. Organizations are pressurized to be more efficient, work better with less funding, meet the needs of market and engage in long lasting quality improvement efforts. As a consequence of quality movement in industry, organizations are inspired to go for some sort of quality management system in order to gain competitive advantage. AURION provides entire assistance in securing ISO Certification in shortest span of time, with the help of different Certification bodies.

AURION is one of the fastest growing ISO Cosnultancy companies in the UAE. Our Senior ISO Consultants and Lead Auditors help the Small and Medium enterprises to obtain ISO 9001:2015 certification within the shortest span of time. Our team provides the perfect training to implement the latest standards of ISO and help in the transition or upgrade of current standard to the latest version. We offer our quality conscious customer organizations benefits and Systems Certifications for increasing extensive variety of affirmations. With administrations took care of by experienced industry experts, a portion of the ranges we hold mastery in this. ISO 9001 standard manages the essentials of value administration frameworks with the eight administration standards as the base. ISO 9001 standard is a standout amongst the most generally utilized administration apparatuses over the globe. The ISO 9001 standard is non specific in nature and is appropriate to any segment paying little mind to sort, size and item or administration. The ISO 9001 standard is essentially embraced from the MIL standards, later discharged as an ISO standard in 1987. To begin with update in 1994, second correction in 2000, third modification in 2008 (by and by being used) The ISO 9001 standard requires six obligatory systems and various records in any association as a prerequisite. Main Requirements of the ISO 9001 Standard ManualClause 1. ScopeClause 2. Normative ReferencesClause 3. Terms and DefinitionsClause 2. Normative ReferencesClause 3. Terms and DefinitionsClause 4. Quality Management System (2 Elements)Clause 5. Management Responsibility (6 Elements)Clause 6. Resource management (4 Elements)Clause 7. Product / Service Realization (6 Elements)Clause 8. Measurement, Analysis and Improvement (5 Elements)

ISO 14001 is a universally acknowledged standard that diagrams how to set up a successful natural administration framework in your association. It is intended to help organizations remain financially effective without disregarding natural duties and effects. It can likewise help you to develop reasonably while lessening the ecological effect of this development. ISO 14001 has a place with the ISO 14000 group of natural administration norms (counting ISO 14004), and gives the system to permit you to meet progressively high client desires of corporate obligation, and legitimate or administrative necessities. Is it accurate to say that you are hoping to insert an ecological administration arranged inside your association? ISO 14001 is for you! Benefits of ISO 14001:Better environmental management reduces waste and energy useImprove efficiency to cut the cost of running your businessDemonstrate compliance to expand your business opportunitiesMeet legal obligations to win greater stakeholder and customer trustPrepare for the changing business landscape confidently

Ohsas 18000 is a universal word related wellbeing and security administration framework particular. It contains two sections, 18001 and 18002 and grasps various different productions. The ohsas 18001 standard depends on the comparable iso 9001 and iso 14001 plan - do - check - act structure. To accomplish confirmation to ohsas 18001 an association must have a wellbeing and security administration framework agreeable with the prerequisites of the ohsas 18001 standard. The standard additionally requires an organization to have proper wellbeing and security approaches, systems and conventions to guarantee it is a security upright association. Benefits of bs ohsas 18001:create the best possible working conditions across your organizationidentify hazards and put in place controls to manage themreduce workplace accidents and illness to cut related costs and downtimeengage and motivate staff with better, safer working conditionsdemonstrate compliance to customers and suppliersohsas 18001 certificationthe ohsas 18001 certification process involves a two stage certification process. Stage 1 ohsas 18001 (pre- certification assessment)stage 2 ohsas 18001 (certification assessment) after the stage 1 and stage 2 ohsas 18001 audits, certification europe will be in a position to award your organisation with a valid ohsas 18001 certificate. An ohsas 18001 certificate lasts for 3 years and a company needs to undergo surveillance visit audits at least annually to maintain their ohsas 18001 certification.

After the implementation of 5% VAT (Value Added Tax) in the UAE, all the companies maintain proper book- keeping and accounting of fund transactions. Based on the requirements of Clients, Aurion arranges site visit of Accountants enabling them to maintain proper records. AURION assists in start up companies by providing basic assistance in Accounting, invoicing and maintaining of records. It has tie-ups with reputed Audit companies and makes arrangements for Audit Reports for UAE Companies at a very cost effective fees. Implementation of VAT (Value Added Tax) in the UAEThe United Arab Emirates and other GCC (Gulf Cooperation Council) countries have decided to implement Value Added Tax for all business transactions inorder to strengthen the Governments for providing adequate infrastructure, safety, security, public services and welfare of the people. Towards the end of 2017, the Finance Ministry has started registering companies for value added tax that are above the yearly threshold as the country gears up for applying the 5% levy from January 1 2018. The Companies have to keep record of their financial transactions and make sure that all records are accurate. A business must register for VAT if its taxable supplies and imports exceeds AED 375, 000 per annum. It is optional for businesses whose supplies and imports exceed AED 187, 500 per annum. The government also mentioned that it will ultimately become obligatory for all companies to be registered under the system, when it is rolled out in the second phase, regardless of the reported revenues.VAT is charged at each step of supply chain. The ultimate consumers generally bear the VAT cost while Businesses collect and account for the tax, in a way acting as a tax collector on behalf of the government.

As per the Federal Decree-Law No. (8) of 2017, VAT (Value Added Tax) is being implemented in the UAE from January 1st, 2017. The VAT is levied on all products & services at a standard rate of 5%, which is very low compared to other countries that have already implemented it. Businesses with more than AED 375, 000 annual turnover shall be mandatorily registered with Federal Tax Authority and businesses with more than AED 187, 500 turnover can be voluntarily registered with FTA. VAT Registration in UAE - Documents RequiredVAT registration in UAE is done through the Federal Tax Authority (FTA) website. Once you register for VAT in the UAE you will get the tax registration number (TRN) for filing the tax returns and claim refunds if any. Companies that meet the minimum annual turnover are required to register for VAT in UAE. The business records have to be maintained all the time for the government authorities to check the tax liability. Also, for a reclaim of VAT paid on business-related goods or services. The following documents have to be submitted in the portal while registering for VAT. Trade LicenseCertificate of incorporation or registration certificateArticle of association/ partnership agreement or any other document showing ownership information about the businessCopy of Passport and Emirates ID of the managerProfile of the managerPhysical office location of the businessContact detailsBank account detailsList of other business directories/partners in the UAE in the last five years along with trade license copies

UAE is well known for its highly secured and safe banking system. As per the statistics published in 2014, UAE Central bank has listed 23 National banks and 28 Foreign banks in UAE. AURION renders assistance in opening bank account with leading banks like EmiratesNBD, RAK bank, Mashreq Bank, HSBC, Llyods Bank, Barclays, Citi Bank, National Bank of Abudhabi, and United Arab Bank. Inorder to open corporate bank account in UAE, it is mandatory for the individual shareholders of company to be present in the UAE. If there is inconvenience for the Shareholders to be present, a resolution can be passed and attested by Offshore or Freezone authority enabling any one person to be present in the bank and be the signing authority to open operate and close company bank account.

UAE is well known for its highly secured and safe banking system. As per the statistics published in 2014, UAE Central bank has listed 23 National banks and 28 Foreign banks in UAE. AURION renders assistance in opening bank account with leading banks like EmiratesNBD, RAK bank, Mashreq Bank, HSBC, Llyods Bank, Barclays, Citi Bank, National Bank of Abudhabi, and United Arab Bank. Inorder to open corporate bank account in UAE, it is mandatory for the individual shareholders of company to be present in the UAE. If there is inconvenience for the Shareholders to be present, a resolution can be passed and attested by Offshore or Freezone authority enabling any one person to be present in the bank and be the signing authority to open operate and close company bank account.

Most of the banks in UAE open Offshore bank account. Offshore company account will not be eligible for credit card or cheque book, but they can use online banking system to transfer funds. Shareholders of Offshore company can open personal bank account also in the same bank. Documents required to open offshore company bank account:-Incorporation CertificateMemorandum of AssociationShare CertificatePassport copy of ShareholderBusiness Profile of Shareholder6 months personal bank account statementProof of business in home country Documents required to open Freezone Company account:-Incorporation CertificateMemorandum of AssociationTrade LicenseTenancy ContractPassport Copy of ShareholderBusiness Profile Documents required to open Personal Bank Account:-Passport Copy6 Months Personal Bank statementBank reference letterUtility Bill Note: Banks reserve their right to call for any document they seem relevant at any point of time.

Freezone company accounts are eligible for cheque book, debit card, credit card and all other credit facilities from bank. They can avail net banking facility also. Banks give loans to purchase vehicles or assets for the company. Documents required to open offshore company bank account:-Incorporation CertificateMemorandum of AssociationShare CertificatePassport copy of ShareholderBusiness Profile of Shareholder6 months personal bank account statementProof of business in home country Documents required to open Freezone Company account:-Incorporation CertificateMemorandum of AssociationTrade LicenseTenancy ContractPassport Copy of ShareholderBusiness Profile Documents required to open Personal Bank Account:-Passport Copy6 Months Personal Bank statementBank reference letterUtility Bill Note: Banks reserve their right to call for any document they seem relevant at any point of time.

Build a knowledge base. Share knowledge. Grow valueknowledge managementknowledge management (km) in simple terms is putting a structure and framework to the information assets that an organization currently hold. Information in your company exists in both digital and physical form. Knowledge management helps in organizing the existing information into a single place to reuse it effectively. The scope of knowledge management includes but is not limited to a current state analysis, strategy formulation, setting up processes, implementation steps, etc. One of the major objective from km implementation is to create a knowledge hub that acts as a centralized repository and knowledge sharing platform. Km is not just limited to creating knowledge sharing platforms, the possibilities are endless. It helps in uncovering and sharing the knowledge that lies hidden in your organization databases, files and most importantly with the employees. Km fosters an environment of innovation and boosts employee satisfaction. Practicing knowledge sharing among employees, organizations help in enhancing organizational performance and faster achieve business goals.