How To Start Real Estate Business Setup in Dubai?
REAL ESTATE BUSINESS SET UP IN DUBAI
SERVICE DESCRIPTION
Dubai is a vibrant city and pretty powerful. Dubai’s world-class infrastructure has already established it as a major player in terms of trade, tourism and has attracted major foreign investors in the world. So, if you have planned to embark on a real estate business in Dubai, as an entrepreneur you have to see the unlimited amount of potential and just keep building.
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Bizgate assists the clients to work within accords of the Dubai land department. Our service allows customers to obtain the Land Department approval for issuing real estate licenses of all kinds. However, the requirements of each transaction shall be fulfilled. All the Companies that wish to operate real estate businesses are eligible for this service. This service is provided by the Licenses section – Department of Real Estate Licensing Services.
SERVICE DESCRIPTION
- Parent company must be in Business for at least 2 years ( for companies)
- Certificate of Real Estate practitioner course for the company owner
- Minimum of 5 years experience in the real estate industry - For Expatriates
- Copy of the license or commercial registration ( for companies)
- Parent company must be in Business for at least 2 years ( for companies)
- Copy of the memorandum of the article of association ( for companies)
- Authorization letter from parent company to open branch office in Dubai and to appoint the branch manager
- Local services agent is required
- The main license activity must be similar to branch.
- Real estate evaluation certificate from rera - only for Real Estate Valuation Services
- Certificate membership in an international real estate appraisal association - Real Estate Valuation Services
- Bachelor degree in Civil Engineering or diploma in engineering Construction -( for Property Inspection services)
- ank guarantee of AED 5 million is required as per local order 2/2003 - for Leasing and Managing Other's Properties
SERVICE DESCRIPTION
- Real Estate Consultancy fee: 5000.0 AED
- Real Estate Mortgage Consultancy fee: 5000.0 AED
- Property Inspection services fee: 10000.0 AED
- Real Estate Management Supervision Services fee: 5000.0 AED
- licensing fees for Leasing and Managing Other People's Property: 15000.0 AED
- Self- owned Property Leasing and Management Services fee: 5000.0 AED
- Real Estate Public Auction Organizing fee: 5000.0 AED
- Real Estate buying & selling Brokerage fee: 5000.0 AED
- Real Estate buying & selling Brokerage fee: 5000.0 AED
- Real Estate Exhibition Organizing fee: 10000.0 AED
- Owner Association Management Services fee: 10000.0 AED
- Real Estate Survey Services fee: 5000.0 AED
- Mortgage broker fee: 5000.0 AED
- Renting of Residential Units on Time-Sharing Bases fee: 25000.0 AED
- fees for Brokers who Rent out Residential Units on Time-Share Bases: 25000.0 AED
- Real Estate Training Institute fee: 5000.0 AED
- buying and selling of real state fee: 5000.0 AED
- Real Estate Representative Office fee: 5000.0 AED
- Temporary Real Estate Development License fee: 100000.0 AED
- Knowledge charge: 10.0 AED
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BENEFITS OF LICENSE REGISTRATION IN DUBAI
- 100% Ownership
- No corporate tax
- Duty free
- No currency restrictions
- No Minimum capital
- Ability to deal with the UAE government
- Ability to develop your business with international trade
- Right to trade across Dubai and in the UAE
- Office premises anywhere in mainland Dubai
- More options on business activities
- No limit on number of visas (Depend on office size)
WHY BIZGATE? FOR BUSINESS SETUP & SUPPORT SERVICES
- Taking company trade name approval
- Preparing application for business activity approval
- Security approval if required
- Drafting Memorandum agreement
- Arranging reliable & strong UAE National partner
- Office space
- Obtaining external approval if required
- Final submission to license issuance authority
- POA agreement
- Assistance in bank account openings
- VAT Registration
- Government Approvals
BIZGATE SERVICES
- Mainland company setup
- Mainland company setup
- Real Estate business set up in Dubai
- Audit Company Set up in Dubai
- Tourism company setup in DUBAI
- Restaurant and cafeteria setup
- Food Stuff Trading License
- ISO Certification company setup
- Sport Academy Setup
- GYM & Yoga Centre setup
- Educational Institute Setup
- Branch of a Foriegn Company Set Up
- Holding Company Setup
- Boutiques Business Setup
- Beauty Salon Business setup
- Manufacturing business Setup
- Investment Company Formation
- Construction Business Setup
- IT Consultancy Company Setup
- HR Consultancy License Dubai
- Hotel Business Setup
- LAUNDRY BUSINESS SETUP
- GROCERY Business Setup
- Freelancing permit
- NURSERY LICENSE DUBAI
- COSMETIC BUSINESSE IN DUBAI
- MEDIA & BROADCASTING LICENSE IN DUBAI
- HEALTHCARE BUSINESS SETUP
- PHARMACY LICENSE IN DUBAI
- RENT A CAR BUSINESS SETUP
- DELIVERY SERVICES LICENSE IN DUBAI
- AIRCRAFT SPARE PARTS TRADING LICENSE
- GENERAL TRADING LICENSE IN DUBAI
- WATER SPORT TRAINING LICENSE IN DUBAI
- ECOMMERCE BUSINESS SETUP
- Company Setup in Oman
- Company Set Up in Saudi
- Company setup in Bahrain
- Company Setup in UK
- Mainland company setup
- FREE ZONE COMPANY Setup
- OFFSHORE COMPANY SETUP
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- BIZGATE VALUE ADDED SERVICES
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Mainland Company Setup
Complete exemption from corporate tax
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
Single person can open up an LLC
The maximum number persons or employees an LLC can have is 50
Corporate bank account in UAE
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
Single person can open up an LLC
The maximum number persons or employees an LLC can have is 50
Corporate bank account in UAE
The UAE Companies law does not prescribed any minimum share capital but the entity should have adequete capital to achieve the incorporation purpose. Normally accepted minimum share capital for an LLC registered in Dubai was AED 100,000.
Presently, there is no requirements to deposite the share capital in UAE local bank.
Presently, there is no requirements to deposite the share capital in UAE local bank.
Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space