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Launch Your 1st Virtual Company in Dubai

We offer business setup services provide a comprehensive solution for entrepreneurs, eliminating the hassle and complexities often associated with business setup in the UAE.

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Dubai which is an integral part of the United Arab Emirates has put itself on the map as one of the most significant investment hubs. This is perhaps one of the most justified reasons why business personalities worldwide consider this city as the epitome of investment. prior conditions can be named as follows: The availability of the infrastructures at the world-class level, the non-concessions on tax to the foreign investors, and the multicultural population make Dubai a promising area for international business organisations.

If there is one aspect that people invest a lot of time in, it is handling their finances in this fast-paced city, and therefore the choice of Best Foreign Banks in Dubai is decisive. There are so many that they may contain almost any kind of service needed by such organisations and people, but they focus mainly on international companies and persons.

Why is it more advantageous to choose an international bank in Dubai?

There are several compelling reasons to consider an international bank in Dubai:

  • Global Reach: The prominent of these is that these banks have branches all over the world, providing convenient ways to access your money irrespective of your location.
  • Diverse Products and Services: International banks provide for all clients’ corporations banking services, wealth and personal banking products and solutions that meet different needs in one place.
  • Multilingual Support: These banks cater to the multicultural audience and, as such, offer customer support in multiple languages, making the foreign client’s banking experience as seamless as possible.
  • Expertise in International Finance: International banks have extensive credibility, skills and insight into the management of different global financial mechanisms, which makes them a valuable source of expertise for your international business activities.

List of International Banks in Dubai 

Accompanying Dubai’s status as an international city with a rapidly developing economy is a particularly select group of foreign banks actively operating within this country, and each of them has its own well-defined advantages, as well as its individual set of services and products. Here’s a glimpse into some of the leading players: 

  • HSBC Bank: As one of the world’s leading global banks HSBC offers a staggering range of corporate and retail and private banking services that could meet the needs of most of the large global and individuals.
  • Standard Chartered Bank: Its strength is within the corporate/institutional banking discipline; thus, it can be best addressed to those enterprises, which require funds for import/export of products and services, together with treasury facilities.
  • Citibank: Citigroup, through Citibank, is amongst to the world’s largest banking companies; it provides businesses, financial partners, and the public conventional banking including; corporate, investments, and retail banking.
  • Emirates NBD: Emirates NBD is amongst the largest banks It is a UAE-based bank with some international operations that allow it to compete as a full-fledged international operation bank for both UAE and international clientele.
  • Barclays Bank: Barclays Bank being one of the players in the global banking sector it offers and functions along side with a long list of services in corporate and investment banking making it a good partner for global businesses.

Selecting the Best international banks in Dubai

When there are numerous global banks challenging each other in order to attract your financing, it becomes necessary to make a choice. Here are some key factors to ponder:

  • Your Banking Needs: Determine what products and services you need whether it’s corporate banking, wealth management or consumer banking products. It is crucial that you select a bank that provides you with services that fit your requirements in detail.
  • Fees and Charges: Determine the fees charged by various banks and compare the current fees for account maintenance, transactions and exchange rates.
  • Online Banking Services: In the current technological environment, sound financial applications in digital banking are mandatory. make certain that the online/mobile banking platform of the bank is as user friendly as possible in order to have easy access to your money.
  • Customer Service: Consumers have high expectations for how they are treated and attending to them is a critical success factor. Select a bank that has been specific in delivering the service in terms of its ability to answer the questions that might arise as efficiently as possible.

Read also: Get a Business License in Dubai

Understand your Financial Potential in Dubai

Through our affiliation with a highly accredited global bank in Dubai, that open all doors of finance to you. All these banks have all the help and assistance you need to manage and invest in international finances thus leaving you to work on your business success.

Can Quick Venture help you?

Quick Venture a professional Services Company In Dubai can help you in opening a corporate bank account with an international bank in Dubai. We will have to relay the instructions of the project to our team of experts who can advise on legal formalities, documentation and interacting with the bank for the project on your behalf. The decision-making process can be made easy and have maximum efficiency as our team of experts coordinates with the bank for the project on your behalf while the rest of the paperwork and legal formalities are explained to you and can be done by your end.

Let the potential of Dubai unfold

Being one of the most developed cities in the world with the best infrastructures established, and with the great option for international banks, Dubai is indeed a key domain for business. It is by selecting the most appropriate international bank that one provides himself or herself with all the necessary financial might and know-how to operate profitably in this vibrant economy.

Quick Venture, a trusted company formation specialist firm is here to assist you in your quest to setup a business in Dubai. To get the best from us, contact us today, and let us assist you to achieve your dreams financial.

Virtual Company in Dubai
22
Mar, 2024

Launch Your 1st Virtual Company in Dubai

Get Your License rapidly with Quick Ventures  

Dubai has positioned itself as a hub for all trade and the first choice of all business owners. Every company dreams to be opening in Dubai since the opportunities that a company can get here are innumerable. 

In an era and world of quick business and growth, companies decide to relocate themselves to the UAE in search of exponential growth which is of course not possible for every entrepreneur to do. However, a concept of Virtual Company Dubai was introduced wherein entrepreneurs can receive and access the merits of virtual offices in the Dubai free zone while sitting at any place in the world anywhere in the world. 

In this post, Quick Venture means We have given you a complete guide on achieving such wonderful benefits of Virtual Company Dubai. Stay Tuned to know! 

Virtual Company in Dubai & Its Benefits

This concept of Virtual company Dubai has gained a lot of popularity amongst the business and venture owners. A virtual company is nothing but a business operated via an online medium which eliminates the offline presence of a business. It was supported and developed by prominent authorities of the UAE including Dubai International Financial Centers, Dubai Economy, Smart Dubai, General Directorate of Residency and Foreigners Affairs, etc. This concept caters to the services, technological as well as creative industries. 

A Virtual Company in Dubai has multiple benefits such as 

  • It gives you a global reach 
  • You get tax exemptions such as 0% tax on personal income for setups at free zones
  • You get changeability and expandability
  • The holders of Virtual company licenses can apply from business to investor to residency visas which again open several opportunities of living as well as working in Dubai. 
  • It has a low expense of starting and operating a business with full ease. Moreover, business consultants like Quick Ventures make this process easier. 

Requirements & Procedure for Starting a Virtual Company

You can operate your business virtually in Dubai while being present anywhere in the globe by having a strong internet connection along with a laptop. You will require a Dubai virtual company license to commence your virtual company. This will make you online and virtually operational in Dubai, UAE without even relocating to the location. This license will enable you to perform multiple activities such as electronically submitting documents which will be considered legal. 

Follow the mentioned steps to get a virtual office in the Dubai free zone. 

  • 1st step involves choosing the business activity and deciding its name
  • Choosing a structure for business which can be LLC since it is legally considered in Dubai
  • Next, you can apply on the DED website to obtain a virtual company license 
  • Opening a business or current bank account in Dubai since this documentation will have to be submitted in the legal processes
  •  Get a service agent locally as it is recommended and a need 
  • You would require a physical or offline address for your business which is easily found in free zones where office spaces or centers allocated for business can be given on shared. 
  • You would have successfully established your business in a Virtual Company in Dubai and started promoting your business. 

Eligibility Criterion For a Virtual Company License in Dubai

  • You will have to be a non-UAE resident 
  • You must belong to one of those 101 countries approved by the Dubai authorities to start a Virtual Company in Dubai and then you will get the license. This list includes Japan, China, Pakistan, India, the US, Canada, and Saudi Arabia. For more details, you can go to the website of Virtual Commercial City
  • You will need to have tax consideration since the Dubai authority tracks the revenue and it it surpasses, then tax giving is a requirement
  •  You need to take care whether your business is in the category of the predefined sectors which includes service, designing, and technical sectors
  • 5% VAT in the UAE is a matter of Dubai Virtual Company License if you make $100,000 per year which means you must consider and register yourself with the federal Taxority Department of UAE

Cost of Starting a Virtual Business in Dubai 

Dubai Virtual Company License costs and charges can vary as per your demands, needs, type of legal structure, or business entity. However, business consultants like Quick Venture can provide you with customized quotations at affordable prices. You only need to get in touch with them. The average cost can be somewhere around AED 12,500 in total which can include the divide up of AED 200 to reserve your trade name, AED 300 to validate your identification and lastly, AED 700 is the annual license charges. 

What is Quick Ventures and How Do We Help in Setting up a  Virtual Office in the Dubai Free Zone?

We help all businesses from the start of establishing a Virtual company in Dubai. We are vehement pioneers of the industry with efficient and perfectly delivered projects. Your business is our business, this is our ethics on which we work. From visualizing to setting goals and business activity for your business.   

  • We have been the first choice of our clients and are considered one of the best business consultants for getting a virtual company license in Dubai 
  • We guide you to lead a successful business and how to get a stronghold in the market. 
  • We are a stop solution for all business owners in Dubai and the UAE. Our ethics and working principles of being transparent, honest, and trustworthy to our clients make us stand out in the competitive edge of Dubai.  
  • Customer Delightion and satisfaction are our primary focus 
  • Our team is best chosen from highly skilled, educated as well as experienced professionals
  • Experts are the one who runs the industry and we are the core players of this industry who provide you A-Z assistance from starting your business at Dubai Virtual Commercial City to be taken to an exponential level. 

Contact us today to get your customized quotation!

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About Quick Venture

Quick Venture Business Setup is a leading business setup firm in the UAE, specializing in simplifying the process of establishing businesses for a diverse clientele. With a dedicated team and extensive expertise, we guide clients through legalities, licensing, and market insights. Our commitment to excellence, transparency, and tailored solutions ensures a seamless journey for entrepreneurs and enterprises aiming to thrive in the dynamic UAE business environment.

Location

20th Floor, The Citadel Tower, Business Bay, Dubai, United Arab Emirates.

HOW TO CONNECT

+971-526724420

info@quickventure.net

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