MEA July 2017

46 MEA MARKETS / July 2017 , Founded in 2009, Virtuzone’s mission is to remove the complexities of setting up a company in the UAE so that our clients can focus on running their businesses. We interviewed Karl Hougaard to find out how the firm can take the hassle away from setting up a company. Company Set- up Specialists Whether you are a start-up, a small business, or an individual simply requiring your own trade license, with Virtuzone you won’t have to lose even a night’s sleep worrying about the red tape involved in the UAE company set-up process. Karl Hougaard tells us the support the firm offers in terms of setting up a company. “In terms of the UAE company set-up process, we do all the heavy lifting for you. While the technical, administrative, and financial aspects of setting up a business in the UAE can seem daunting – and let’s face it, rather off-putting – with the right support, the process is far more straightforward and affordable than you might think. “Virtuzone provides just that type of support, and it’s what has led us to become one of the leading company set-up specialists in Dubai and the UAE. Thousands of entrepreneurs have trusted us to manage the process for them, and almost 90% of our clients renew their trade license with us every year going forward. “We provide a higher level of service without the higher costs. Virtuzone is known in the market to provide a higher standard of company set-up guidance – without the higher costs. Ours is essentially a concierge, one- stop-shop service, with dedicated account managers to answer all your questions and provide full transparency as they liaise with UAE government authorities on your behalf. Your time investment throughout the set-up process could be as little as just a few hours. “For those looking to check off all the legal boxes of corporate ownership in the UAE while maintaining a great deal of flexibility when it comes to managing costs, Virtuzone is your partner. Contact us today for a free consultation that will help answer every question you may have about setting up a company in the UAE.” With Virtuzone as your UAE company set-up partner, you will be guided through the process step-by-step in a very transparent manner that gives you a full overview of exactly where you are at any given time of the set-up journey. Karl explains how the firm can do all the heavy lifting for you. “We do all the heavy lifting for you so that you don’t have to give anything a second thought, but we make sure you are well- informed along the way. While the entire process can take as little as seven working days, Virtuzone is doing a lot behind the scenes to ensure your UAE free zone company set-up is a complete success. Talks us through the steps. “Step one is to choose your business activity: We’ll help you decide on the business activity and visa requirements to identify total costs for your package which best suits your business. Step two is to finalise your company name - we’ll perform a check to make sure your name is clear to register. If it’s not, we’ll help you decide on a suitable alternative. Step three is to finalise all incorporation paperwork -here we finalise the registration paperwork before managing your license process with the government. “Step four is to receive your license notification. Once we receive your company license, you’ll be immediately contacted so you can come and pick up the original corporate documents. Step five is to open a bank account - you now have all the paperwork needed to open your corporate bank account. If requested, we will introduce you to specialist advisors in several the main banks to make it even easier. “Step six is to process your businesses immigration card - if you have selected a visa trade license package we will apply for your immigration card via the 1703ME01