Everything You Need to Know about PRO Services in Dubai

This means that if you are looking to set up a business in dubai you will need to find the right pro service dubai to handle licensing, visas and other admin tasks with various government departments. With so many different options available, it can be hard to know which ones are right for you.

In this article, we’ll be providing you some guidance on how to select the appropriate company providing PRO services in Dubai suited to your requirements. Here’s a clue, it’s us!

We’ll also offer some of our best pieces of advice. So read on to find out more.

Pro Services in Dubai — The Ultimate Guide

If you are setting up a company in Dubai you will likely need to utilize the services of a PRO service company.

But what are PRO Services?

PRO services, which means Public Relations Offer services that process significant records and other Admin association with several governments agencies.

Here are some of the Corporate PRO Services which are mostly required:

• Processing of Labor and Immigration Cards
• Visa Approvals ( Residence visa/Employment Visa/Employee visa etc.)
• Emirates ID Card processing
• Licence processing
• Trade License application
  

Not all PRO services in Dubai are created equal. Identify if a company is suitable for your business registration needs.

Various Types of Business Setup in​ Dubai

When considering the structure to set up a company in Dubai, there are multiple business structures to choose from. Let’s examine the most common ones.

Sole Proprietorship

This is one of the easiest styles of business structures and it’s owned by one person. This means that the owner is liable for any debts and liabilities of the business.

Advantages of a sole proprietorship

Low startup costs
Easy to set up
Taxed at the owner’s tax rate (which could be nothing)
The owner decides everything about the business
Disadvantages of a Sole Proprietorship
Limited financial resources
The owner is personally liable for all debts and obligations
No distinction between owner and business
More challenge in capital raising

Partnership

This is a type of business structure owned by two or more people. Partners share equal liability for debts and obligations made by the business.

Benefits of a Partnership

• Equal share in ownership and control of the business
• Easy to set up
• Taxed at the partner level tax rate
• Drawbacks of a Partnership
• Partners are jointly responsible for the debts and obligations of the business
• The owner is their business and there is no division
• Limited access to capital raising
• Limited life span – partnership will end if any one of the partners dies or leaves the business 

Limited Liability Company (LLC)

Finally, an LLC is a limited liability company. Hence, are only responsible for the amount of money they have invested in the company.

Benefits of an LLC

• The owner's liability is limited
• Easy to set up
• Can have foreign shareholders
• Drawbacks of an LLC
• Owners have limited liability, so they are not personally responsible for the debts and liabilities of the company
• You can set up it at a higher cost than a lot of other company structures
• It could have limitations on who is able to own it

Company Limited by Guarantee

This type company doesn’t have shareholders, but rather members accountable for the company’s debts and liabilities if the company goes bankrupt. That’s a common type of business in Dubai but not so much in other countries.

Benefits of a Company Limited by Guarantee

• Members themselves are not liable for any debts and liabilities incurred by the company
• Potentially less expensive to set up than other business structures
• Disadvantages of a Company Limited by Guarantee
• Members have to put in some money if the company goes bankrupt
• You probably wont be able to raise capital
• Limited life span — when all members die or exit the business, the company dissolves

Joint Stock Company

A joint-stock company is a company with shareholders responsible for debts and liabilities of the shareholders.

Advantages of the Company Limited by Guarantee

• Shareholders are not personally responsible for the debts and obligations of the company
• Often being more expensive to form a company in Dubai this way than using other corporate formations
• May limit who can own it
• Disadvantages of a Joint Stock Company
• Shareholders cannot be held liable for any debts and obligations of the Company
• Classes of shares The company can be divided into different classes of shareholders which may have different rights.
• It could be tricky to win investors.
• Limited life span. The company is dissolved upon the death or departure of its last member

Selecting the Appropriate PRO Services in Dubai 

It may be overwhelming when it comes to set up a business startup in dubai , here you can find everything related to it; selecting a right PRO services company can make significant impact.

A good company, and we are one, will assist you every step of the way. We’ll be with you to advise on everything from your structure of business to your license and banking.

They must also have been in the business for years and be able to provide a quality service. Although Dubai is favored for its different tax laws compared to many countries such as US, UK, and Canada, companies providing PRO services in Dubai have to maintain global standards as well.

Now let’s discuss how to decide which PRO services in dubai will be able to cater to your tax and accounting needs. We focus in these areas and our qualified accountants are familiar with recent changes in tax law.