Strategise, Startup and Scale

Know UAE Freezones: Dubai Design District (D3)

Dubai Design District (D3) stands out among the several dynamic free zones in the country committed to fostering creativity and assisting the design sector. D3, founded in 2013, has swiftly gained recognition as a top destination for designers, artists, and creatives across various fields.

The D3 was purposefully created to offer a specialised place encouraging innovation, teamwork, and creativity across multiple design fields, developing economic expansion and luring top talent from around the globe.

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Guide to Commercial Licence in the UAE

The United Arab Emirates (UAE) is a global hub for business and commerce, attracting entrepreneurs and investors worldwide.?It?provides a variety of licence categories, including retail, industrial, professional, and tourism.?

If you're considering starting a business or expanding your existing one in the UAE, obtaining a commercial licence is one of the first and most critical steps. A commercial licence is a legal necessity for persons or firms that want to conduct business in a particular jurisdiction.?

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Types of Companies in RAK ICC

RAK International Corporate Centre (RAK ICC) is a rapidly growing global corporate registry known for its compliance and professional services. Its focus is on registering International Business Companies (IBCs), providing a comprehensive suite of off-shore registry services. It also offers diverse on-shore, and free zone structuring solutions.

1. Company Limited by Share

A Company Limited by Shares (CLS) signifies that shareholders are only liable to the company's creditors up to the amount of capital they initially invested. This form of company must always have at least one shareholder and one director. It has the flexibility to issue bonus shares, partly-paid shares, or nil-paid shares. These share certificates must be signed by at least one director of the company.

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Ascent Partners provides bespoke business advisory services for entrepreneurs and individuals looking to strategise, startup and scale their new venture in Dubai.

Get in touch with us today to find out more at [email protected] or at 04 422 7339