- We-Invest
Who We Are?
Establishing your own business is a top priority for you.
Embarking on a business venture is driven by a belief in an idea or talent, and it is crucial to ensure that your entity is legally protected while you focus on the growth of your company. At We Invest, we are dedicated to safeguarding your firm from all legal angles.
- Setting up a business, particularly in countries like the UAE, necessitates professional consultation to ensure full compliance with legal requirements.
- Many can sell, but few can truly consult.
- Entrusting your business to an organization is a responsibility, as investors want to feel a sense of belonging rather than just being clients.
At We Invest, we don’t just sell; we offer consultation and do not stop there! Our clients become experts in every aspect of their business with our assistance.
We Invest offers comprehensive business solutions, catering to all your business needs, including business setup in Freezone, Mainland, and Offshore companies. In addition, we provide a range of essential services such as trademark registration, accounting and bookkeeping, corporate tax planning and registration, corporate banking, digital marketing, business and health insurance, office setup and leasing, visas and immigration services, including Golden Visa, citizenship programs in multiple countries, and many other business services.
Our Values:
- Each client at We Invest is assigned an account manager who keeps them informed and nurtures a business relationship by providing updates on the latest changes in laws and regulations, enabling them to be fully prepared for any necessary actions.
- At We Invest, your business becomes our business too. We are committed to delivering the best services to ensure legal compliance and maintain strong relationships with our investors.
- We Invest does not prioritize cost above all else. We guarantee competitive pricing in the UAE market.
- At We Invest, we consult with you until you no longer require our services, and instead, you become an integral part of our business community.
FREEZONES
Establishing your own business is a top priority for you.
Around the world, entrepreneurs have long found the United Arab Emirates to be a desirable location. Economic zones known as “free zones” permit the exchange of products and services. These areas are sometimes referred to as free zones or free trade zones. Preferential customs duty rates, 100% import and export tax exemption, and zero tax rates are all associated with free trade zones.
Four Principal Advantages
- Foreign Ownership:
Once a business is established in a free zone, its proprietors maintain 100 percent ownership.
2. Duty & Tax:
Tax exemptions are probably the strongest argument in favor of selecting a free zone. If you establish yourself in a free zone, you will not only receive a 0% corporate and personal tax benefit but also have your business free from VAT.
VAT is currently imposed on all goods and services in Dubai and the surrounding area, with a rate of 5%. Free zones also allow for the complete repatriation of capital and earnings.
3. Simple Assembly:
Within a free zone authority, the setup procedure is very simple.
4. Continuous assistance:
Free zone authorities are on hand to aid both during and after the setup process. For shareholders as well as any applicable dependents, like spouses or domestic workers, most free zones provide help with the visa application process.
- Step 1 is selecting your business activity;
- Step 2 is deciding on a company name;
- Step 3 is applying and submitting the necessary paperwork;
- Step 4 is notifying the license holder and opening a bank account;
- Step 5 is processing the visa
1) Reservation of Trade Names
2) The incorporation documents' signature
3) Submitting an initial approval application
4) The trade license and the original documents of incorporation are issued.
5) The Residence Visa Procedure
6) Application for a corporate bank account
Clear scanned copy of all shareholders' passports, Business plan, Residency visa and Emirates ID if applicable.
Offshore company
Just to make things easy, a legitimate corporate entity that conducts business outside of its native nation is known as an offshore corporation.
- Only three distinct organizations in the United Arab Emirates—the Ajman Free Zone, Ras Al Khaimah, and Jebel Ali Free Zone—permit the establishment of offshore companies.
Choose an offshore jurisdiction and a corporate name that ends in limited to denote the offshore company's legal status.
- A copy of the offshore company’s Articles of Association
- Passport copies and CVs of the registered shareholders
- Relevant Emirates ID cards
- A comprehensive business plans.
- A certified copy of recent bank statements (6 months to be documented)
- Proof of address via utility bill
- 3 potential brand or business names for the company
- Details of the business activity for the company
Note: Be certain that only RAK and Jabal Ali are permitted to purchase real estate assets under the company. Additionally, ensure that certain corporate activities, such as media and insurance, cannot be conducted by offshore firms.
- International trade
- Shipping business activities
- Property holding & intellectual property (IP) holding.
- Online advertising business
- General trading and distribution
- Service center operations.
Offshore enterprises are not required to have a minimum amount of capital invested.
MAINLAND
MAINLAND
A mainland business is an onshore business that has been granted a license by the Department of Economic Development (DED) in the appropriate United Arab Emirates Emirate.
Establishing a mainland company assures you of a successful future in your professional and business endeavors, enabling it to operate in any area of the United Arab Emirates or beyond.
- A mainland Dubai firm is not restricted in its location or in its ability to trade with other enterprises.
- Foreign investors can find enormous potential in the UAE’s growth-machine economy through 100% foreign ownership of mainland UAE businesses. But other critical industries, like oil and gas, still need a local partner.
Clear Scanned passport copy and residency visa if Applicable.
- Select your Business Activity: The Department of Economic Development (DED) has compiled a list of thousands of approved business activities.
- Select the ideal company name for your enterprise.
- Determine where you want your firm to be located. You need a physical place to conduct business.
- Choose Your Company's Legal form: Limited Liability Companies (LLCs) are the most popular business form on the mainland. An LLC is a separate legal company that is owned by two or more investors.
- If necessary, find a local sponsor or service agency.
- Begin by completing the registration form.
7- Apply for a visa of residency.
Feel free to visit our website weinvest.ae for more information.
Corporate/Business Bank Account
Establishing a solid financial base for your company as an entrepreneur starts with creating a business bank account in Dubai. Any company that has a physical location in Dubai needs to get a local corporate bank account.
- If the company’s general manager does not possess a residency visa, no corporate bank account will be opened for Freezones and Mainland companies.
- Depending on the bank and kind of account, different documents may be needed to open an account. The Memorandum of Association (MOA), passport, visa, Emirates ID, office tenancy or Ejari contract, six-month bank statement, utility bills as proof of address, VAT certificate (if applicable), business model/company profile/website, business plan/plan, applicant profile (CV) of signatory, and names of current or potential clients are some of the essential documents that are needed.
- Depending on the bank’s compliance, the corporate account setup process could take three to four weeks.
It’s critical for businesses to get beyond regulatory and legal obstacles when opening a bank account in Dubai. This entails following AML and CFT regulations, completing in-depth due diligence on clients and business associates, and putting in place efficient risk management and compliance systems for financial institutions.
Feel free to visit our website weinvest.ae for more information.
Business Activities
Establishing your own business is a top priority for you.
We are all aware of what constitutes business activities. Any activity a business undertakes with the primary goal of turning a profit is considered a business activity.
- Selecting the appropriate business activity is essential for your company. Don’t ever base your decision on the activity’s name; instead, make sure the activity’s description aligns with the nature of your enterprise.
- There are many kinds of business activity, including commercial, industrial, professional, and more.
- Different activity groupings, including consulting, trading, event management, education, and training, industrial, logistics, IT services, media, and many more, are assigned to different business activity types.
- Selecting the appropriate business activity now will help you avoid making a lot of changes later, especially after opening a corporate bank account.
- Under your trade license, you are allowed to engage in a variety of business activities; however, it is usually advised against combining operations from different activity groups as this could lead to issues when opening a company bank account.
- To ensure that you are choosing the appropriate activity for your business, always ask your consultant for a list of available options.
According to AML and CFT laws, many company activities—like real estate activities and many more—are deemed to be high risk. Before moving forward, you should get advice on the activities’ risk from your expert.
Feel free to visit our website weinvest.ae for more information.
External Authority Approval
As you configure your trade license and select your business operations, you will discover that certain actions necessitate approval from third parties, which is a prerequisite for obtaining a Dubai trade license.
To establish a new business in Dubai Mainland or Freezone, entrepreneurs must apply for clearance from the Department of Economic Development (DED). The authority bears responsibility for both initial and name approvals. However, since they are not the government departments governing certain commercial activity, they are unable to approve them. This is when external approvals enter the picture, which businesses must acquire to obtain the license from the governing bodies responsible for regulating these operations.
- Depending on the nature of the business activity, external approval is typically needed after the original permission or trade license is issued.
- For instance, clearance from the Dubai Sports Council is necessary for Personal Sports Coaching Services.
- Whenever possible, it is best to enlist the help of a company setup specialist to ensure that all legal criteria are being met.
Feel free to visit our website weinvest.ae for more information.
Numerous things need to be known before beginning the trade license application procedure.
- What is the number of Visa Allocations needed for your trade license?
- What kind of business endeavors are you hoping to undertake?
- Do your business operations need permission from any external authorities?
- What is your company's proposed trade name? (Be careful to adhere to the trade name standards found at www.weinvest.ae.
- The number of shareholders on the trading license?
- How will the shares be distributed among the shareholders and what will be the share capital?
7- Clearly stated addresses and phone numbers for the manager, directors, secretary, and shareholders.
- Trade Name Reservation
- Signing of the incorporation documents, online process
- Sending application for Initial Approval
- External Authority approval if required.
- Issuance of Trade License along with the original incorporation documents
- Residency Visa Process
- Corporate bank account application.
Feel free to visit our website weinvest.ae for more information.
Visa Types
There are various resident visa categories available in the United Arab Emirates, including those for employment, partners or investors, freelancers, dependents and golden visas.
Business owners and entrepreneurs are granted a unique authorization by the UAE government known as an investment visa. In certain cases, it is also referred to as a UAE investor visa or a Dubai investor visa. The goal of this international visa program is to promote domestic investment in Dubai and the United Arab Emirates. You can relocate to the UAE with this visa to launch your company. This allows you to access Dubai, one of the world's fastest-growing cities.
Employer-sponsored work visas are the most common type of work permit in the UAE, allowing foreign nationals to reside and work there for a maximum of two to three years. The employer has until then to decide whether to renew or terminate the visa. One of the most popular ways to work or hire talent in the United Arab Emirates is through a regular work visa.
After obtaining a work visa, you can apply for a dependent visa, also known as a UAE residence visa, which enables spouses and children to live and work in Dubai with their family members. Children should not be older than eighteen years old.
Feel free to visit our website weinvest.ae for more information.
Freelance Visa
A freelancing visa that is given within freezones permits you to lawfully perform professional services for clients and conduct business in the United Arab Emirates. Certain freezones, such Ajman Freezone, Dubai Media City, Dubai Internet City, and many more, offer freelancing visas.
At reasonable prices, freelancing licenses, also known as freelancer, permits, let you work on a variety of business projects. It’s crucial to keep in mind that your UAE residency visa will also be needed. Consulting, event planning, teaching, filmmaking, new media, and entertainment are a few of these sectors.
A freelancer permit in Dubai (or a freelance visa Dubai) can be registered under these sectors:
- Media
- Technology
- Education
- Creative Industries
- You should be aware of the cost of a Dubai freelance visa when thinking about applying for a freelance employment visa (which is not the same as a residency visa or a visa to live in the United Arab Emirates). The annual cost of a license package begins at 7,500 dirhams.
- Getting a freelancing visa has several advantages. It’s simple to apply, offers a variety of employment options, doesn’t require office space or bookkeeping, and allows you to sponsor family members and open a business bank account.
To obtain a freelance license, here are the following required documents:
- A filled-out application
- A copy of your passport
- A passport-sized image
- A current resume or curriculum vitae
- Academic credentials verified by the Ministry of Foreign Affairs or the UAE Consulate
- Two references from the workplace (with contact information)
- A job offer or a letter of intent that includes information about your experience at work and personal/professional background
- If necessary, a No Objection Certificate (NOC) from your sponsor
Please feel free to visit our website at www.weinvest.ae for additional details.
Golden Visa
With a 10-year visa, qualifying persons can get permanent residency in the United Arab Emirates under the special Golden Visa program. It does, however, also include several alluring benefits that most regular residence visa programs would not provide.
A holder of a golden visa is not required to have a local sponsor to reside, study, or work in the United Arab Emirates. They are also free to travel to and from the country, own 100% of their business, and sponsor their family.
The main categories listed below are qualified to apply for residency under the Golden Visa program in the United Arab Emirates:
- Investors
- Owners of specialized talents and researchers in various fields of science and knowledge
- High-level executives
- Athletes
- Specialists in the fields of engineering and science
- Creative people and people of culture and art
- Inventors
- Outstanding students with promising scientific abilities
The procedures for applying for a UAE Golden Visa will differ based on your occupation and the category you are applying under, but these are the steps you must take:
- Decide which category you wish to apply under, then get the necessary paperwork ready, including the application form.
- Submit the documentation and pay the relevant fees.
- Await communication regarding the status of your application; this may take up to 30 days.
- Cancel your UAE visa if you are successful and it is currently valid.
- After submitting your passport and Golden Visa application, your new visa will be added to your passport.
Please feel free to visit our website at www.weinvest.ae for additional details.
Trademark and patent Registration
The Federal Decree Law No. 36 of 2021 on Trademarks states that any distinctive form of a name, word, logo, title, pack, or other mark, or collection of markings, if it was used or intended to be used, to identify goods, products, or services from any sources, is considered a trademark.
To register a trademark, you will require the registration documents.
- Trademark logo
- A copy of the commercial license
- Power of Attorney
- Priority document
- Passport copy and other attachments.
Note: The trademark registration is usually valid for 10 years.
Patent Registration
- Every innovation that results from an inventive concept or inventive enhancement that takes a creative leap and has practical industrial applications is granted a patent.
- A patent can only be granted if the following requirements are met:
- A brand-new creation brought about by an inventive concept or advancement
- An imaginative move
- Industrial relevance
- A patent has a 20-year validity period starting on the date of international filing or application.
Please feel free to visit our website at www.weinvest.ae for additional details.
