How To Start Sport Academy Setup In Dubai?

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SPORT ACADEMY SETUP

If you are looking to open a Sports Academy such as Rugby Academy, Football club, Tennis Club, water sports academy and indoor games club, etc. Even the traditional sports like camel racing, horse racing, and Falconry has made Dubai and UAE one of the world’s foremost sporting cities, each year the footfall is increasing as the sports events are held on a grand level and Title. Bizgate guides to create channels for the clients, so they may open sports federations or clubs. 

The government bodies accrediting licenses are

  1. Abud Dhabi Sports Council
  2. Dubai Sports Council
  3. Al Ain Sports Council
  4. Sharjah Sports Council

SOME OF THE OTHER REGULATORY BODIES INCLUDE:

  • Higher Education Sports Federation
  • National Olympic Committee
  • Emirates Racing Authority
  • Emirates Equestrian Federation
  • United Arab Emirates Football Association
  • Emirates Motor Sports Federation
  • Automobile & Touring Club of the UAE (ATCUAE)
  • Emirates Diving Association
  • Emirates Golf Federation
  • Emirates Cricket Board

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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
  • Abu Dhabi sports council
  • Dubai sports council
  • Al Ain sports council
  • Sharjah sports council

Mainland Company Setup

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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
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.

Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space