Value-Added Services
UAE Trademark Registration
Brand trademark serves as your company’s identification. It is a company asset that allows your customer to recognize you among the rest. We offer complete assistance to registering and protecting your trademark.
PO Box & Mail Management
Companies in UAE are required to have their postal office boxes to which their mails will be addressed. IBG’s Mail Management service offers proper handling and forwarding of your incoming mails. By utilizing the service, you will save time and money by letting us handle the delivery for you.
Business Hub
The UAE is home to world-class facilities and office spaces. With our help, get the best space that fit your company’s requirements.
Custom Registration
Businesses involved in trading with import and export activities are required to secure first their code of clearance with Dubai Customs. IBG Consulting promises a complete approach to customs code application, making trading activities easy for your company.
Frequently Asked Questions
Are foreign companies eligible to open a bank account in the UAE?
Yes, foreign companies are allowed to open an account in the UAE, however, there would be additional requirements required.
What are the basic requirements for opening a bank account in the UAE?
You would need to prepare the following documents:
· Trade license
· Certificate of Registration
· Share Certificate Board Resolution for Authority Signatory
· Expected annual turnover
· Supplier information
· Transaction details
· Passport copies of shareholders and authorized signatories
Some banks ask for copies of Company Memorandum and Articles of Association.
Does the bank require the authorized signatory to be physically present during the bank account opening process?
Yes, he/she is required to be present during the assessment and review of the documents submitted. The shareholders will sign a board resolution appointing the authorized signatory. He/she can visit the bank to open, operate, and close the account.
Is there a minimum balance of funds in maintaining the account?
Yes, the required balance varies from bank to bank.
How long is the process of opening a bank account in the UAE?
Generally, it takes one to three weeks based on the bank. Of course, it still depends if you have submitted the right documents, the assessment of your credentials, and the internal compliance process.
Is it required to undergo trademark registration when opening a company in the UAE?
It is not required to register your company’s trademarks, but is another layer of protection to prevent others from using the same mark or something similar to it.
What are the usual documentary requirements for trademark registration?
Documents required for trademark registration in the UAE are:
Passport and visa
Emirates ID of the authorized signatory
Business License
Description of the company’s goods and/or services
Copy of the logos (.jpeg format)
Notarized Special Power of Attorney
Why is mail management important?
Through efficient mail management services, you can make sure someone will remain on top of all mails you will receive. The service also offer security and notification services.
What is the office requirement for companies in the UAE?
Generally, mainland companies in the UAE are required to have their own physical office in the country. Some exceptions have been made for e-Trader licenses. For free zone companies, some authorities have a minimum requirement especially for visa-added packages. It would be best to connect with a consultant to ensure your space requirement.
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© 2022 ibgme.ae. All Rights Reserved.