Why Should you Choose Commitbiz for your Business Setup in the UAE?

by commitbizadmin 19, Aug 2020

Why Should you Choose Commitbiz for your Business Setup in the UAE?

Consulting companies are involved in helping businesses improve their activities. Improvements can come in performance and goal fulfillment. A consultant can evaluate an organization's challenges and help develop strategic plans. Consultants are usually aware of good practices and standards in the industry. We can help an organization achieve best practices and improvements. 

Reasons for Engaging with Consultancy

Why do you need to select one? Here are some of the common reasons for doing so:

1.Rent a brain. 

If you don't have the human resources who have an idea about a new business that you are about to start, then all you have to do is take a helping hand of consultancy for your unique project. By doing this, your time will be saved, and as well as extra costs involved in setting up a business will be reduced.

2.Manage Change (and take the heat)

Consultants are professionals at fostering change in organizations, so if your medium-sized company is rife with internal squabbling concerning imminent changes, taking the help of a consulting firm can break the problem. Teach and implement best practices. Consultants are often the leading professionals in the fields they work in. Not only do they have the academic and analytical experience, but they have also partnered directly with leading organizations to bring significant improvement. If you want the best practices in your company, then taking the help of consultancy firms are the best source available. Why try to invent the best method? Why are you trying to find the best approach when consultants have already adopted some successful practices with several clients?

3.Infuse Creativity

Consultants usually provide a fresh outlook on your company, and it can be immensely beneficial to give an expert come in and propose ideas. Perhaps your in-house people are too close to your company, and they don't have the prospect of looking at the bigger picture within the industry. Still, consultants can share valuable insights that boost your internal creative thinking.

Various Services Provided By Commitbiz

Commitbiz provides a variety of services. Some of the services are mentioned below.

1.Digital Marketing Services 

Our approach to creating a successful strategy for digital marketing is easy, by understanding your customers and company objectives and designing a plan to attract your clients and accomplish those goals!

2.VAT Services

VAT means Value Added Tax.VAT was implemented in the UAE in 2018. The UAE government has announced that around 100 product categories such as food, education, healthcare, bicycle, fuel, transportation, and social services will be exempted from VAT. With so many exemptions it could be hectic to take care of the VAT filing process along with company operations, don't worry around quitting this work, leave this work to us. Commitbiz has experts to assist you in filing VAT. Also, note that there are instances where some companies were blacklisted due to delays in VAT payments.

3.Shelf Company

To start your business, you either have to open a company or to buy a shelf company. The shelf companies are also known as a shelf corporation, ready-made, or aged company. It is a legally registered company that has no activity.

4.Office Space Rent Services 

Owning a property isn't always feasible; renting an office in Dubai is a relatively popular choice. The intrinsic advantage of this is that one is rescued from the hassle of buying and maintaining office space physically. We recognize that there are no two companies that have comparable requirements when it comes to a physical office. So, we provide office spaces and warehouses for rent to meet your unique needs.

5.Intellectual Property Services

International Centre for Patent Registration (ICPR), which is a body under the UAE Ministry of Economy is in charge of patent registration. An online application can be filled and submitted through the website of the ministry. The complete list of documents that are required is also given on the same site. A few of the important ones are,

  • The patent office involves a power of attorney
  • The specifications are in English as well as Arabic
  • A brief of the invention with well-explained diagrams
  •  Power of attorney is made legal up to the UAE embassy
  • A legalized extract from the MOA or Commercial register if the applicant is a body corporate
  • Set of drawings concerning the invention

6.Attestation Service 

As the pioneering expert in document validation, our attestation services guarantee you the following.

  • Prompt, Reliable and On-Time Services
  • Safe Handling of Original Documents
  • Free Submission
  • Thorough Tracking
  • Free Collection and Delivery
  • High Customer Satisfaction
  • Time and Cost Saving

7.Payroll & Audit Services 

Payroll management relates to maintaining the records and wages of employees of an organization. 

Something called the Wages Protection System (WPS) is being practiced in the UAE. It lets businesses pay their employees' salaries through banks and other banking entities approved by the Central Bank of the UAE. In the UAE also a company's payroll processing feature can be outsourced for scalability, comfort, and flexibility. We provide you with payroll service that can help you and make your operations easier.

8.Asset Management Services

The word Asset Management is a strategy implemented within an enterprise in which the company's owned physical assets are regarded as resources that need to be maintained to make the most out of them in the long run.By collaborating with us, the following programs will be available to you. 

  • On-time Project Delivery. 
  • In-depth study of the firm's financial domains. 
  • A good picture of the priorities of future wealth management. 
  • Establishing strategic plans to improve the company's strategic base. 
  • Advising professionals during the Financial Planning Process.

9.Visa Services 

All visitors entering Dubai need to have a visa, unless they are from one of the Gulf Cooperation Council (GCC) countries, in which case a visa is granted to them on arrival. Our visa services aim at rendering a UAE visa quickly and without any hassle. We have streamlined our regional knowledge and experience in collaborating with government agencies to bring you simple and efficient visa processing services. 

10.Tax Consulting 

Zero taxation was one of the key reasons businesses have historically regarded the UAE as trade-friendly; however, the government's proposal to collect revenue from complementing revenue from oil and other hydrocarbons through VAT has resulted in quite a few questions among businesses. To resolve these issues, Commitbiz has provided tax advisory services to advise foreign companies working in the UAE on tax matters. We advise our customers about how to prevent dual taxation, how to implement tax treaties between nations.

11.Accounting & Bookkeeping Services

It includes process-oriented complexities and conditional parameters. It is often optimal to let bookkeeping firms in UAE to handle it as a vendor to one's business. If you are looking to develop a company in the UAE, Commitbiz will help with your accounting and bookkeeping services. We have professionals who are proficient in business paradigms.

12.Company Liquidation Services 

The liquidation of companies in Dubai & Abu Dhabi calls for a professional approach with strict compliance with standard procedures. Only a detailed understanding of the current legislation will help you meet the liquidation requirements as required by the law of the land. Commitbiz has offered highly advanced liquidation services to limited liability companies, free zone companies, and offshore companies throughout the UAE. With several effective closures under our belt, we've gained the experience to ensure our clients have trouble-free liquidation.

13.Local Sponsor Services 

'Local sponsor' is a generic term used throughout the UAE about local service agents and nominee shareholders (sleeping partners) with foreign-investment in mainland locations. A sponsor must be a citizen of the UAE national with a family membership card. Operating a business in the Dubai Mainland region requires the compulsory appointment of a local sponsor. 

When entering the industry, companies often worry about a local partner's accountability as to the ramifications of the local partner changing his/her mind. We, at Commitbiz, handle all your local sponsor related requirements proficiently so that you can concentrate on your business growth! 

Make use of this Break Period

Due to the covid19 outbreak, the vast majority of consultants are now working from home. However, this is not stopping us from remotely serving our clients. Many customers are now increasingly relying on video conferences and virtual collaboration instead of physical meetings. If you have decided to start a company, don't waste your valuable time and contact us immediately. We are very much happy to help you.