Business Set Up in UAE
Your Trusted Business Partner in UAE, AAi
“AAi” is a shortened name for AAZ International Corporate Services, led by Mr. Asad Abbas, Founder and CEO of Asad Abbas & Co. (Chartered Accountants) and supported by highly proficient and experienced team.
Duly licensed by the Dubai Economic Department with offices in Dubai and Abu Dhabi, the firm provides business set-up and company formation services across UAE. Key services include selection of the correct legal form and locality based on business needs, license registration, business advisory, employee visas obtaining, bank account opening, accounting and payroll outsourcing, financial services advisory, budgeting and taxation advice, provision of secretarial and other services.
AAi mission is to continuously add value to clients by helping them to develop winning strategies and achieve maximum potential in business operations across UAE. By achieving our mission, we contribute to UAE’s economic growth and prosperity.
AAi is part of Asad Abbas & Co. (Chartered Accountants), an accounting, tax and business consultancy firm in UAE and a member of PrimeGlobal International, one of the 5 largest associations of independent accounting firms in the world. Asad Abbas & Co. (Chartered Accountants) provides cost-effective and efficient professional services to the business community.
Asad Abbas and Co. (Chartered Accountants) has been in the market since 2008, supporting clients from the start of operations in UAE, leading them to success.
The firm has delivered a great number of top-notch projects and assisted thousands of clients during more than 10 years of successful operations.
Being part of such prominent market players, AAi guarantees excellent client services of the highest quality, provides local expertise and full scope of services vital to achieving outstanding business growth for clients.
Founder and CEO
Certified Public Accountant (CPA), Chartered Global Management Accountant (CGMA), Certified Management Accountant (CMA) and Certified Financial Manager (CFM) from the USA and holds a Bachelors Degree in Accounting and Economics from the University of Jordan.
25 years of diversified experience in Audit, Finance, Accounting and Planning in several countries in the Middle East region.
Deep expertise and knowledge in emerging market industries particularly in aerospace, consumer goods, distribution, contracting, investment, industrials and media.
Expert in strategic planning, management auditing, evaluation and setting up accounting systems and controls, valuation, due diligence and acquisitions as well as conducting project and feasibility studies.
YOUR TRUSTED BUSINESS PARTNER IN UAE
When a company decides to go international and open a business abroad, it is advisable to establish relations with a trustworthy local advisor. The highly competitive market demands every business to have a local business partner who would support, advise and ensure the strategical growth in the country new to investor. Such partnership will enhance business operations, help in winning the market share, help to stay competitive, prevent risks and ensure compliance.
We at AAi have the expertise to support you in all of the above and moreover, we will connect you with like-minded professionals and introduce to the leading market players in UAE.
AAi is your trustworthy advisor and partner to help along the way to your dream – expand internationally, start your own business and make it profitable in UAE, in the center of the world.
TALENT WINS GAMES, BUT TEAMWORK WINS CHAMPIONSHIPS
BENEFITS OF WORKING WITH US
- We have helped thousands of businesses to succeed and grow
- We go beyond the scope of work, beyond designations to achieve the best results
- We practice “Can Do” principle
- We make extra effort to build best business operations for you
Growth in UAE
UAE is the global destination for millions of people. Being a tourist attraction and business hub, the country has succeeded in many ways. People gather here into communities to share ideas, create innovative projects, encourage collaboration and celebrate human ingenuity.
To support the further growth and achieve ambitious goals, the government of UAE has developed a comprehensive strategy beyond 2020.
One of the ground shaking projects of the strategy is Expo 2020, which is aimed to unlock the world’s potential in multiple ways, such as supporting solutions to social problems through Expo Live programme and introducing visitors to new ideas that inspire them to act.
By the time Expo 2020 opens, Dubai will have a lot more hospitality options including restaurants and hotels for its residents and visitors. In planning for Expo 2020, Dubai has set a visitor goal of 20 million per year beginning in 2020.
UAE has become the number one destination for many Investors worldwide. The country’s rapid economical growth and most favorable investment climate are serving as the business base for many startups and conglomerates.
While millions of companies have already started their successful operations, for many UAE is still remains a dream destination that can easily become the reality.
Asad Abbas and Co is your trustworthy advisor and partner to help you along the way to your dream to have profitable company in UAE, the center of the world.
Following the pages of our guide to UAE business, you will find useful information on UAE latest initiatives, legislation updates, steps to open your business, and much more.
If you would like to receive more information and our professional advice, please get in contact with us.
Selecting the jurisdictions. Offshore, free zone or mainland?
UAE provides all types of business related jurisdictions and offers vast variety of choices to meet the needs of different investors. The investors can choose whether to establish their business in mainland, free zone or offshore areas.
With over 45 free zones in the country including free zones in the emirates of
RAK, Dubai and Ajman – every free zone has its own specific offering and provide incentives to attract investors and ease the conduct of business per selected sectors and industries. Such incentives to businesses are otherwise not available in the mainland UAE.
Below you may see one of the leading free zones in UAE and their specific focuses.
DMCC Free zone
Made for Trade, DMCC has firmly established Dubai as a leading centre for trading international commodities and the world’s fastest-growing Free Zone. DMCC regulates, promotes and facilitates trade across a range of goods from gold, diamonds and precious metals to tea, food and industrial materials.
Dubai Internet City Free zone
Dubai Internet City free zone is a creative collective engineered for innovation. The community of entrepreneurs, startups, facilitators and Fortune 500 companies is busy creating the future of regional ICT and disrupting the status quo. MENA region’s largest ICT hub, with liberal regulations that facilitate business success.
DIC fosters entrepreneurs, empowers SMEs, and attracts global ICT leaders to Dubai.
RAKEZ Free zone
Ras Al Khaimah Economic Zone (RAKEZ) is a powerhouse business and industrial hub strategically located in the heart of Ras Al Khaimah, United Arab Emirates (UAE) that offers wide- ranging customisable solutions to investors from all over the globe.
Established in 2017, RAKEZ currently houses over 14,000 multinational companies from more than 100 countries covering over 50 industries, making it one of the largest economic zones in the region.
SHAMS Free zone Sharjah
Sharjah Media City (Shams) was launched in January 2017 to act as a catalyst for creative and media businesses to grow and thrive. Aiming to be a world-class media hub
for innovative facilities and services, Shams covers a wide range of business activities available for those wishing to embark on their entrepreneurial journey in the UAE.
Opening a corporate bank account in UAE
At AAi, our banking network relations is second to none. Years of practical experience have given us the expertise to guide all our clients through each step of account application – from advising on the best bank that would suit the requirements of the new business to speeding up the procedure, making it easier and hassle free.
While the bank will make the ultimate decision regarding your account application, we have an impeccable success rate of account openings.
6 steps to start your business in UAE
- Contact us
- Receive guidance and advice on selecting the right legal structure for your business
- Choose jurisdiction
- Register your company
- Open a Bank Account
- Obtain visa, pass medical examination and obtain insurance
CONTACT US TODAY
Abu Dhabi, UAE
P.O. Box 46305