One of the truths about company formation in any country is that having a local partner to help with paperwork and process is invaluable. In the UAE, the term ‘Local Partner’ also refers to the Emirati who legally must participate in an on-shore company (either as a 51% shareholder or as a Service Agent). UK companies taking advantage of the BCB incubator will not need to search for a local partner, but will instead be able to trade on-shore under the auspices of the BCB, which will take care of this and all other requirements in tandem with the Dubai Government.
It is also true that during the set up stage of any business, there will be delays due to paperwork and approvals from the various government departments involved. This is another aspect of company formation that the BCB takes care of, meaning you are able to start conducting business as soon as you arrive in the Emirates.
Our sole aim is to ensure the success of your business; therefore, we have worked closely with our partners to offer your business the following:
- Registered Office Space
- Provision of local partner (Service Agent)
- Hot Desks
- Meeting Rooms
- Membership of British Business Group
- Facilitation, hand-holding and support
- Hotel, flights, and insurance deals thanks to our non-government partners
With the BCB, your company hits the ground running.