Starting business in US

Starting business in US as Foreigner, Company Registration Process in US, Foreign Company Registration procedure in USA, Foreign Company Registration process in USA, Company Registration in USA, Company Registration Process in USA, Foreign Company Registration in USA, Company Formation in USA, Offshore Company Registration in USA, Offshore Company Formation in USA, Starting business in USA, Doing business in USA, Foreign Investment in USA

S & F CONSULTING FIRM LIMITED is an international business/ company registration consultancy firm.

Foreign Company Registration (100% Foreign Investment, Joint Venture, Virtual/ Branch/ Liason Office, Foundation), Taxation, Accounts & Audit, Legal, Company Secretarial & Management Consultancy.

Company Registration/ Formation/ incorporation in US, Foreign Direct Investment in USA-FDI, FDI in USA, Doing Business in USA

Register a branch office of foreign company in USA

How to set up company as non residence in USA

Step 1, determine what exactly you want to do, where and how you want to do it, how much it will cost and whether or not you have the budget. In this step, you need to determine:
• Where to establish your US business
• Where to incorporate your US company
• Your need for protecting your intellectual property
• Whether you will need to obtain any special licenses
• Your need for visas or other immigration needs
• Your need for staffing for the business
• Your need to access the capital markets in the US
• Your need for marketing, supply chain and other support services
• Are there any tax incentives available, and what options are available to minimize your tax burden

Step 2, In the Company Planning Stage you will determine such practical matters as:
• The name of the company
• Whether to be a corporation or a limited liability company
• Which state to incorporate in and which states to register in
• Determine the capitalization of the company (how many shares at what par value, and how much each shareholder will contribute to the company as their capital contribution
• Determine who will be the shareholders, officers and directors
• Determine the roles and responsibilities of the company’s officers and directors

Step 3, AFTER completing the Company Planning Stage, the Action Stage should be very smooth and fast: Provide the necessary documents
1. Form the company
2. Register the company in other states as needed
3. Hold the organizational meeting, appointing the officers and directors, issuing shares to the shareholders and taking such other actions as necessary
4. Obtain the federal Employer Identification Number
5. Open your bank account
6. Start business: buy, lease or rent office space, hire employees, market the products, etc

Steps to Starting Up a Foreign Business in the U.S.:

• Foreign business entities are incorporated at the state level in the U.S. The process will vary from state-to-state, but generally involves two steps: applying to register in that particular state, and establishing a registered agent with a valid address in that state (no PO Box numbers). A registered agent can be either the business owner or another person who is authorized to receive legal papers on behalf of the business, such as an attorney or secretary.
• The rest of the steps to starting up are similar to those that an American citizen would take. The breakdown of 10 Steps to Starting a Business includes information on naming your business, requirement licenses and permits, and tax matters.

Importing Goods into the U.S.:

• The Department of Commerce's Trade Information Center provides information and web links to importation procedures.
• Working with a licensed customs broker could be a valuable asset to your import plan. A customs broker prepares all the documentation required for importing goods. To learn about laws and regulations applying to custom brokers, including licensing requirements and importing procedures.
• Many imported and exported products are regulated by federal agencies and may require specific licenses and permits.

U.S. Tax information for Foreign Businesses:

• The U.S. tax code can be confusing even to life-long citizens. Violation of any tax—sales, payroll, income, etc.—can incur fees and penalties. The IRS offers a guide specifically on International Business, but if you are still left with more questions, it is always safe to check with a qualified attorney or accountant.
• U.S. citizens will likely need an Employment Identification Number to start up, a process that requires their social security number (SSN). In the case of foreign businesses, an Individual Taxpayer Identification Number (ITIN) will suffice. The IRS issues these 9-digit tax processing numbers to individuals who are required to pay US taxes but who are ineligible for a SSN, including resident and non-resident aliens and foreign nationals.
• You may be required to file IRS Form 5472, which applies to US corporations with at least one foreign owner who owns 25% of shares, to account for the nature of monetary transactions.

Types of Business Visa in USA

You can start and own a US company without a visa, and without even coming to the US. Opening a bank account for your business is more difficult, but often can also be done from outside the US (no guarantees!). Managing an LLC from outside the US is allowed, but may be not be permitted within the US without a valid work visa. Being a director, as well as a shareholder, of a US corporation is allowed without any kind of visa, but being an officer and performing your duties within the US is generally not allowed. Working for your corporation or LLC within the US without a valid work visa is not allowed.

If you are planning to come to the US to start a business, you will need to have one of the various types of US business visas. Without a visa, you can be the owner or manager of a US company, but you cannot legally work before. If you do work for your own company without the proper visa, you can be deported without right of return, and your company can be fined for hiring an illegal alien.

Types of Business Visa

Name	Description	Length	Limitations
B1	Short term business visa Not allowed to sign contracts or perform work for  hire	Temporary, up to 6 months	Can negotiate but cannot sign contracts
B2	Short term Tourist visa	Temporary, up to 6 months	Can negotiate but cannot sign contract
E-1	Treaty trader visa. Good for setting up a business that will trade with the visa-holder’s home country. Must be with a country with an appropriate treaty with the US	Temporary, can be renewed until business is no longer in operation	Is only valid as long as there is a business. Children  under 21 cannot work, and lose their status once they turn 21
E-2	Treaty investor visa. Allows a citizen of a treaty country to come to the US to start a business	Temporary, can be renewed until business is no longer in operation	Is only valid as long as there is a business. Children  under 21 cannot work, and lose their status once they turn 21
EB-5	Investor Green Card program. Requires an investment of $500k to $1MM, must hire at least 10 US residents within 2 years and survive more than 5 years	Leads to permanent residence after probation period
L-1	Intercompany transfer visa. Allows holder to transfer from foreign company to a US company subject to restrictions	One year, with up to 3 extensions	Employee must have worked for foreign, related company for more than one year in the last 3 years
H-1B	Specialized labor visa	Three year, extendable	Annual quota restricts number of visas available. Cannot be used for self-employment.
O-1	Extraordinary Ability visa	Up to three years, extendable	Must be able to document extraordinary ability
TN	NAFTA temporary work visa	Up to three years, extendable	Cannot be used for self-employment

Arrange a US Physical Business Address or Virtual Office

If you would like to receive business mail, client mail, etc. at a US address or if every bank that you contact requires you to have a separate physical US address (that is not the same as your Registered Agent), then you'll need to arrange for a "mail forwarding" and/or "virtual office" service. There are many such services in the US, many of them are based in the above-mentioned states of Delaware, Nevada and Wyoming. Some provide options including weekly or monthly forwarding, online tracking of documents and some may be able to provide you a US phone number as well.

Open a US Bank Account If you want to accept US payments, open a US merchant account, or open a physical branch office in the US (or for any other purpose), then you'll need to open a US bank account. Unfortunately, this has become significantly more difficult in recent years due to various US anti-terrorism laws, but there are still several options (depending on your home country) that may make this process easier.

Fees: Lower cost/ Fees/ Charge

Email us: contact@sfconsultingbd.com

New York, California - USA

S & F CONSULTING FIRM LIMITED 

Read More »

Company Registration in USA

S & F CONSULTING FIRM LIMITED, www.sfconsultingbd.com , Foreign Company Registration Consultancy Firm 

Company Registration process in USA, Starting Business in USA, Company Registration Process in US, Foreign Company Registration procedure in USA, Company Registration in USA, Company Registration Process in USA, Foreign Company Registration in USA, Company Formation in USA, Offshore Company Registration in USA, Offshore Company Formation in USA, Starting business in USA, Doing business in USA, Foreign Investment in USA

Foreign Company Registration in USA

Starting business in USA

S & F CONSULTING FIRM LIMITED

S & F CONSULTING FIRM LIMITED is an international business/ company registration consultancy firm.

Foreign Company Registration (100% Foreign Investment, Joint Venture, Virtual/ Branch/ Liason Office, Foundation), Taxation, Accounts & Audit, Legal, Company Secretarial & Management Consultancy.

Company Registration/ Formation/ incorporation in US, Foreign Direct Investment in USA-FDI, FDI in USA, Doing Business in USA

Register a branch office of foreign company in USA

How to set up company as non residence in USA

Step 1, determine what exactly you want to do, where and how you want to do it, how much it will cost and whether or not you have the budget. In this step, you need to determine:
• Where to establish your US business
• Where to incorporate your US company
• Your need for protecting your intellectual property
• Whether you will need to obtain any special licenses
• Your need for visas or other immigration needs
• Your need for staffing for the business
• Your need to access the capital markets in the US
• Your need for marketing, supply chain and other support services
• Are there any tax incentives available, and what options are available to minimize your tax burden

Step 2, In the Company Planning Stage you will determine such practical matters as:
• The name of the company
• Whether to be a corporation or a limited liability company
• Which state to incorporate in and which states to register in
• Determine the capitalization of the company (how many shares at what par value, and how much each shareholder will contribute to the company as their capital contribution
• Determine who will be the shareholders, officers and directors
• Determine the roles and responsibilities of the company’s officers and directors

Step 3, AFTER completing the Company Planning Stage, the Action Stage should be very smooth and fast: Provide the necessary documents
1. Form the company
2. Register the company in other states as needed
3. Hold the organizational meeting, appointing the officers and directors, issuing shares to the shareholders and taking such other actions as necessary
4. Obtain the federal Employer Identification Number
5. Open your bank account
6. Start business: buy, lease or rent office space, hire employees, market the products, etc

Steps to Starting Up a Foreign Business in the U.S.:

• Foreign business entities are incorporated at the state level in the U.S. The process will vary from state-to-state, but generally involves two steps: applying to register in that particular state, and establishing a registered agent with a valid address in that state (no PO Box numbers). A registered agent can be either the business owner or another person who is authorized to receive legal papers on behalf of the business, such as an attorney or secretary.
• The rest of the steps to starting up are similar to those that an American citizen would take. The breakdown of 10 Steps to Starting a Business includes information on naming your business, requirement licenses and permits, and tax matters.

Importing Goods into the U.S.:

• The Department of Commerce's Trade Information Center provides information and web links to importation procedures.
• Working with a licensed customs broker could be a valuable asset to your import plan. A customs broker prepares all the documentation required for importing goods. To learn about laws and regulations applying to custom brokers, including licensing requirements and importing procedures.
• Many imported and exported products are regulated by federal agencies and may require specific licenses and permits.

U.S. Tax information for Foreign Businesses:

• The U.S. tax code can be confusing even to life-long citizens. Violation of any tax—sales, payroll, income, etc.—can incur fees and penalties. The IRS offers a guide specifically on International Business, but if you are still left with more questions, it is always safe to check with a qualified attorney or accountant.
• U.S. citizens will likely need an Employment Identification Number to start up, a process that requires their social security number (SSN). In the case of foreign businesses, an Individual Taxpayer Identification Number (ITIN) will suffice. The IRS issues these 9-digit tax processing numbers to individuals who are required to pay US taxes but who are ineligible for a SSN, including resident and non-resident aliens and foreign nationals.
• You may be required to file IRS Form 5472, which applies to US corporations with at least one foreign owner who owns 25% of shares, to account for the nature of monetary transactions.

Types of Business Visa in USA

You can start and own a US company without a visa, and without even coming to the US. Opening a bank account for your business is more difficult, but often can also be done from outside the US (no guarantees!). Managing an LLC from outside the US is allowed, but may be not be permitted within the US without a valid work visa. Being a director, as well as a shareholder, of a US corporation is allowed without any kind of visa, but being an officer and performing your duties within the US is generally not allowed. Working for your corporation or LLC within the US without a valid work visa is not allowed.

If you are planning to come to the US to start a business, you will need to have one of the various types of US business visas. Without a visa, you can be the owner or manager of a US company, but you cannot legally work before. If you do work for your own company without the proper visa, you can be deported without right of return, and your company can be fined for hiring an illegal alien.

Types of Business Visa

Name	Description	Length	Limitations
B1	Short term business visa Not allowed to sign contracts or perform work for  hire	Temporary, up to 6 months	Can negotiate but cannot sign contracts
B2	Short term Tourist visa	Temporary, up to 6 months	Can negotiate but cannot sign contract
E-1	Treaty trader visa. Good for setting up a business that will trade with the visa-holder’s home country. Must be with a country with an appropriate treaty with the US	Temporary, can be renewed until business is no longer in operation	Is only valid as long as there is a business. Children  under 21 cannot work, and lose their status once they turn 21
E-2	Treaty investor visa. Allows a citizen of a treaty country to come to the US to start a business	Temporary, can be renewed until business is no longer in operation	Is only valid as long as there is a business. Children  under 21 cannot work, and lose their status once they turn 21
EB-5	Investor Green Card program. Requires an investment of $500k to $1MM, must hire at least 10 US residents within 2 years and survive more than 5 years	Leads to permanent residence after probation period
L-1	Intercompany transfer visa. Allows holder to transfer from foreign company to a US company subject to restrictions	One year, with up to 3 extensions	Employee must have worked for foreign, related company for more than one year in the last 3 years
H-1B	Specialized labor visa	Three year, extendable	Annual quota restricts number of visas available. Cannot be used for self-employment.
O-1	Extraordinary Ability visa	Up to three years, extendable	Must be able to document extraordinary ability
TN	NAFTA temporary work visa	Up to three years, extendable	Cannot be used for self-employment

Arrange a US Physical Business Address or Virtual Office

If you would like to receive business mail, client mail, etc. at a US address or if every bank that you contact requires you to have a separate physical US address (that is not the same as your Registered Agent), then you'll need to arrange for a "mail forwarding" and/or "virtual office" service. There are many such services in the US, many of them are based in the above-mentioned states of Delaware, Nevada and Wyoming. Some provide options including weekly or monthly forwarding, online tracking of documents and some may be able to provide you a US phone number as well.

Open a US Bank Account If you want to accept US payments, open a US merchant account, or open a physical branch office in the US (or for any other purpose), then you'll need to open a US bank account. Unfortunately, this has become significantly more difficult in recent years due to various US anti-terrorism laws, but there are still several options (depending on your home country) that may make this process easier.

Fees: Lower cost/ Fees/ Charge

Email us: contact@sfconsultingbd.com

New York, California - USA

S & F CONSULTING FIRM LIMITED 

Read More »

Company Registration Process in USA

Company Registration Process in US, Foreign Company Registration procedure in USA, Foreign Company Registration process in USA, Company Registration in USA, Company Registration Process in USA, Foreign Company Registration in USA, Company Formation in USA, Offshore Company Registration in USA, Offshore Company Formation in USA, Starting business in USA, Doing business in USA, Foreign Investment in USA

S & F CONSULTING FIRM LIMITED is an international business/ company registration consultancy firm.

Foreign Company Registration (100% Foreign Investment, Joint Venture, Virtual/ Branch/ Liason Office, Foundation), Taxation, Accounts & Audit, Legal, Company Secretarial & Management Consultancy.

Company Registration/ Formation/ incorporation in US, Foreign Direct Investment in USA-FDI, FDI in USA, Doing Business in USA

Register a branch office of foreign company in USA

How to set up company as non residence in USA

Step 1, determine what exactly you want to do, where and how you want to do it, how much it will cost and whether or not you have the budget. In this step, you need to determine:
• Where to establish your US business
• Where to incorporate your US company
• Your need for protecting your intellectual property
• Whether you will need to obtain any special licenses
• Your need for visas or other immigration needs
• Your need for staffing for the business
• Your need to access the capital markets in the US
• Your need for marketing, supply chain and other support services
• Are there any tax incentives available, and what options are available to minimize your tax burden

Step 2, In the Company Planning Stage you will determine such practical matters as:
• The name of the company
• Whether to be a corporation or a limited liability company
• Which state to incorporate in and which states to register in
• Determine the capitalization of the company (how many shares at what par value, and how much each shareholder will contribute to the company as their capital contribution
• Determine who will be the shareholders, officers and directors
• Determine the roles and responsibilities of the company’s officers and directors

Step 3, AFTER completing the Company Planning Stage, the Action Stage should be very smooth and fast: Provide the necessary documents
1. Form the company
2. Register the company in other states as needed
3. Hold the organizational meeting, appointing the officers and directors, issuing shares to the shareholders and taking such other actions as necessary
4. Obtain the federal Employer Identification Number
5. Open your bank account
6. Start business: buy, lease or rent office space, hire employees, market the products, etc

Steps to Starting Up a Foreign Business in the U.S.:

• Foreign business entities are incorporated at the state level in the U.S. The process will vary from state-to-state, but generally involves two steps: applying to register in that particular state, and establishing a registered agent with a valid address in that state (no PO Box numbers). A registered agent can be either the business owner or another person who is authorized to receive legal papers on behalf of the business, such as an attorney or secretary.
• The rest of the steps to starting up are similar to those that an American citizen would take. The breakdown of 10 Steps to Starting a Business includes information on naming your business, requirement licenses and permits, and tax matters.

Importing Goods into the U.S.:

• The Department of Commerce's Trade Information Center provides information and web links to importation procedures.
• Working with a licensed customs broker could be a valuable asset to your import plan. A customs broker prepares all the documentation required for importing goods. To learn about laws and regulations applying to custom brokers, including licensing requirements and importing procedures.
• Many imported and exported products are regulated by federal agencies and may require specific licenses and permits.

U.S. Tax information for Foreign Businesses:

• The U.S. tax code can be confusing even to life-long citizens. Violation of any tax—sales, payroll, income, etc.—can incur fees and penalties. The IRS offers a guide specifically on International Business, but if you are still left with more questions, it is always safe to check with a qualified attorney or accountant.
• U.S. citizens will likely need an Employment Identification Number to start up, a process that requires their social security number (SSN). In the case of foreign businesses, an Individual Taxpayer Identification Number (ITIN) will suffice. The IRS issues these 9-digit tax processing numbers to individuals who are required to pay US taxes but who are ineligible for a SSN, including resident and non-resident aliens and foreign nationals.
• You may be required to file IRS Form 5472, which applies to US corporations with at least one foreign owner who owns 25% of shares, to account for the nature of monetary transactions.

Types of Business Visa in USA

You can start and own a US company without a visa, and without even coming to the US. Opening a bank account for your business is more difficult, but often can also be done from outside the US (no guarantees!). Managing an LLC from outside the US is allowed, but may be not be permitted within the US without a valid work visa. Being a director, as well as a shareholder, of a US corporation is allowed without any kind of visa, but being an officer and performing your duties within the US is generally not allowed. Working for your corporation or LLC within the US without a valid work visa is not allowed.

If you are planning to come to the US to start a business, you will need to have one of the various types of US business visas. Without a visa, you can be the owner or manager of a US company, but you cannot legally work before. If you do work for your own company without the proper visa, you can be deported without right of return, and your company can be fined for hiring an illegal alien.

Types of Business Visa

Name	Description	Length	Limitations
B1	Short term business visa Not allowed to sign contracts or perform work for  hire	Temporary, up to 6 months	Can negotiate but cannot sign contracts
B2	Short term Tourist visa	Temporary, up to 6 months	Can negotiate but cannot sign contract
E-1	Treaty trader visa. Good for setting up a business that will trade with the visa-holder’s home country. Must be with a country with an appropriate treaty with the US	Temporary, can be renewed until business is no longer in operation	Is only valid as long as there is a business. Children  under 21 cannot work, and lose their status once they turn 21
E-2	Treaty investor visa. Allows a citizen of a treaty country to come to the US to start a business	Temporary, can be renewed until business is no longer in operation	Is only valid as long as there is a business. Children  under 21 cannot work, and lose their status once they turn 21
EB-5	Investor Green Card program. Requires an investment of $500k to $1MM, must hire at least 10 US residents within 2 years and survive more than 5 years	Leads to permanent residence after probation period
L-1	Intercompany transfer visa. Allows holder to transfer from foreign company to a US company subject to restrictions	One year, with up to 3 extensions	Employee must have worked for foreign, related company for more than one year in the last 3 years
H-1B	Specialized labor visa	Three year, extendable	Annual quota restricts number of visas available. Cannot be used for self-employment.
O-1	Extraordinary Ability visa	Up to three years, extendable	Must be able to document extraordinary ability
TN	NAFTA temporary work visa	Up to three years, extendable	Cannot be used for self-employment

Arrange a US Physical Business Address or Virtual Office

If you would like to receive business mail, client mail, etc. at a US address or if every bank that you contact requires you to have a separate physical US address (that is not the same as your Registered Agent), then you'll need to arrange for a "mail forwarding" and/or "virtual office" service. There are many such services in the US, many of them are based in the above-mentioned states of Delaware, Nevada and Wyoming. Some provide options including weekly or monthly forwarding, online tracking of documents and some may be able to provide you a US phone number as well.

Open a US Bank Account If you want to accept US payments, open a US merchant account, or open a physical branch office in the US (or for any other purpose), then you'll need to open a US bank account. Unfortunately, this has become significantly more difficult in recent years due to various US anti-terrorism laws, but there are still several options (depending on your home country) that may make this process easier.

Fees: Lower cost/ Fees/ Charge

Email us: contact@sfconsultingbd.com

New York, California - USA

S & F CONSULTING FIRM LIMITED 

 

Read More »

Foreign Company Registration Procedure in Dubai

Foreign Company Registration procedure in Dubai

Foreign Company Registration (100% Foreign Investment, Joint Venture, Virtual/ Branch/ Liaison Office, ), Taxation, Accounts & Audit, Legal, Company Secretarial service in Dubai.

Foreigners search from their own country to collect information about Dubai. How to start a business in Dubai? How to rent office and what are costs of registering a new company in Dubai? Other information requires knowing before start a new business in Dubai. How the investors collect information? It's must over internet. So, to publish right information is helpful for the foreign entrepreneurs to register a company in Dubai.

In case of joint venture company registration in Dubai the local partners shall be hold 49 percent of total number of shares whereas rest of 51 percent shall be hold by foreigners. Now problem is who does not have local partner and as requirement local partner is need, what can do? Shares offered to unknown persons are not good for register a new company in Dubai.

Foreign company Registration procedure in Dubai

What is government policy on this issue hiring local partner registering a new company in Dubai? Investors can make agreement between partners mentioning proportion of shares, power of the directors and revenue sharing matter. 

Most important information is how much minimum capital is required to register a new company in Dubai as foreigners? It's around eighty two thousand US dollar. How to remit the said amount to Dubai? What is the safe way of transferring the equity to Dubai? There may have bank account as name of the entity where money should transfer. Bank shall give confirmation letter of equity amount money has been transferred. 

Does there office is required to register a new company in Dubai? If yes, resident house can be allowed to register a company? No. Only commercial space is required and contact number to register a company in Dubai as foreigner. Be careful appointing local agents. Though the offered agents are eligible and have no claim against them by court that is why agent’s services can be offered for the foreigners.

Company registration in Tax Free Zone

How can I register a company in tax free zone area? To register a new company in tax free zone area is allowed by government. But who is eligible to setup inside of this area? Can a service oriented company register a company in Tax free zone area in Dubai? No. they are not allowed. The manufacturing companies and big industry and relating of production entities are allowed to register a company in Dubai. Fees or cost of register a new company may start from US$ 6000 to US$ 25,000. As discussed earlier fees depend upon areas of business, types and size of them.

Ministry of commerce of Dubai and economic development authority reserve right to permit of new company registration in Dubai. Does a foreigner register a branch office in Dubai? Can a foreigner register a representative office in Dubai? Yes, they can. They can do it through permission of the said authorities.  

How much can be fixed as share amount as minimum? DH one thousand can be allowed. Why investors plan to register company in Dubai? The city has been much developed. Lots of foreign company’s branch office registered in Dubai that makes easier to interconnect with each other sitting in a same city. 

How longer may need to register a company in Dubai? To register a new company in Dubai may require three weeks without visa of the investors or directors. How much cost may require registering a company in Dubai? Cost depends upon types of company, area of company, size of company too.

Fees: Lower cost/ Fees/ Charge

Email us: contact@sfconsultingbd.com

Abu Dhabi, Dubai

S & F CONSULTING FIRM LIMITED

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Company Registration Process in UK (Foreign Investors)

Company Registration Consultant in UK, Company Formation Consultant in UK, Foreign Company Incorporation Consultant in UK, Foreign Investment in UK, Doing Business in UK, Foreign Company Registration in UK, Company Registration Process in UK, Company Formation Process in UK, How to start business in UK, Starting a business in UK

S & F CONSULTING FIRM LIMITED is an international business/ company registration consultancy firm.

Foreign Company Registration (100% Foreign Investment, Joint Venture, Virtual/ Branch/ Liason Office, Foundation), Taxation, Accounts & Audit, Legal, Company Secretarial & Management Consultancy.

Company Registration/ Formation/ incorporation in UK, Foreign Direct Investment in UK-FDI, FDI in UK, Doing Business in UK

Subsidiary or, Branch Office Registration in UK

Branch Office open in UK

Options: 
Three options have been identified for regulating overseas companies:
Option 1 - to introduce a single "branch" registration regime based on the existing concept of "branches" and the registration requirements set out in the 11th Company Law Directive. ("Branch" implies a more significant presence than a mere place of business).

Option 2 - to introduce a single "place of business" registration regime based on the existing concept of "place of business" and the registration requirements set out in the 11* Company Law Directive. (A "place of business" means a specified or identifiable place at which the company carries on business that has more than a fleeting character; where there is some visible sign or physical indication that the company has a connection with particular premises. Thus "place of business" encompasses both a branch and a presence less substantial than a branch).

Option 3 - to maintain the current dual registration regime: one for "branches" (which implements the 11th Company Law Directive); and one for "places of business" which are not branches. The registration requirements are similar, but not identical under the two regimes, and due to the Directive, slightly more information needs to be provided by those overseas companies subject to the "branch" regime.

Benefit or risk of each option: 
Option 1 - introducing a single regime based on the existing concept of "branches" would simplify the registration system and be compatible with the Directive. A single registration regime would remove the need for overseas companies to face complex questions on initial registration and subsequently as to whether their activities here amount to those of a branch or a place of business. Under this option, only those companies establishing businesses considered to be "branches" would be required to register.

Option 2 - introducing a single regime based on the existing concept of "place of business" and the registration requirements set out in the Directive would simplify the regime and be compatible with the Directive. The other benefits stated in paragraph 8 apply equally to this option. There is already a major body of British case law on what constitutes an established place of business and it is clear that the concept of established place of business encompasses branches. This option would therefore simplify the system, without reducing the information that is publicly available, as outlined under Option 1. It would increase slightly the filing requirements for those overseas companies that would currently fall within the "place of business" rather than the "branch" regime.

Option 3 - maintaining the current dual registration regimes would not meet the objective of simplifying the rules. Overseas companies would continue to face complex questions on initial registration and subsequently, and the rules themselves would be more complex. Transitional provisions would also continue to be needed to enable overseas companies to transfer from one regime to the other.

Preferred option: 
Only Option 2 meets the objective of reforming the law in a simple and effective way compatible with EC requirements, whilst preserving the amount of information published at Companies House about overseas companies that have established a place of business here.

Branch office registration & filling in UK: 

Initial Registration. If an overseas company opens a branch in Great Britain then it is required to register its branch with the Registrar of Companies (either the Registrar of Companies for England and Wales, or the Registrar of Companies for Scotland, depending on the location of the branch (the "Registrar"). Within one month of having opened a branch in a part of Great Britain, an overseas company must deliver the following to the Registrar:
- a completed form BR1 containing much detail about the company and its officers;
- a certified copy.

Business Name 

If no business name is given, the corporate name will automatically serve as the branch name. 

Fees: Lower cost/ Fees/ Charge
Email us: contact@sfconsultingbd.com
London, UK

S & F CONSULTING FIRM LIMITED

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UK Company Registration/ Formation Consultant

Company Registration Consultant in UK, Company Formation Consultant in UK, Foreign Company Incorporation Consultant in UK, Foreign Investment in UK, Doing Business in UK, Foreign Company Registration in UK, Company Registration Process in UK, Company Formation Process in UK, How to start business in UK, Starting a business in UK

S & F CONSULTING FIRM LIMITED is an international business/ company registration consultancy firm.

Foreign Company Registration (100% Foreign Investment, Joint Venture, Virtual/ Branch/ Liason Office, Foundation), Taxation, Accounts & Audit, Legal, Company Secretarial & Management Consultancy.

Company Registration/ Formation/ incorporation in UK, Foreign Direct Investment in UK-FDI, FDI in UK, Doing Business in UK

Subsidiary or, Branch Office Registration in UK

Branch Office open in UK

Options: 
Three options have been identified for regulating overseas companies:
Option 1 - to introduce a single "branch" registration regime based on the existing concept of "branches" and the registration requirements set out in the 11th Company Law Directive. ("Branch" implies a more significant presence than a mere place of business).

Option 2 - to introduce a single "place of business" registration regime based on the existing concept of "place of business" and the registration requirements set out in the 11* Company Law Directive. (A "place of business" means a specified or identifiable place at which the company carries on business that has more than a fleeting character; where there is some visible sign or physical indication that the company has a connection with particular premises. Thus "place of business" encompasses both a branch and a presence less substantial than a branch).

Option 3 - to maintain the current dual registration regime: one for "branches" (which implements the 11th Company Law Directive); and one for "places of business" which are not branches. The registration requirements are similar, but not identical under the two regimes, and due to the Directive, slightly more information needs to be provided by those overseas companies subject to the "branch" regime.

Benefit or risk of each option: 
Option 1 - introducing a single regime based on the existing concept of "branches" would simplify the registration system and be compatible with the Directive. A single registration regime would remove the need for overseas companies to face complex questions on initial registration and subsequently as to whether their activities here amount to those of a branch or a place of business. Under this option, only those companies establishing businesses considered to be "branches" would be required to register.

Option 2 - introducing a single regime based on the existing concept of "place of business" and the registration requirements set out in the Directive would simplify the regime and be compatible with the Directive. The other benefits stated in paragraph 8 apply equally to this option. There is already a major body of British case law on what constitutes an established place of business and it is clear that the concept of established place of business encompasses branches. This option would therefore simplify the system, without reducing the information that is publicly available, as outlined under Option 1. It would increase slightly the filing requirements for those overseas companies that would currently fall within the "place of business" rather than the "branch" regime.

Option 3 - maintaining the current dual registration regimes would not meet the objective of simplifying the rules. Overseas companies would continue to face complex questions on initial registration and subsequently, and the rules themselves would be more complex. Transitional provisions would also continue to be needed to enable overseas companies to transfer from one regime to the other.

Preferred option: 
Only Option 2 meets the objective of reforming the law in a simple and effective way compatible with EC requirements, whilst preserving the amount of information published at Companies House about overseas companies that have established a place of business here.

Branch office registration & filling in UK: 

Initial Registration. If an overseas company opens a branch in Great Britain then it is required to register its branch with the Registrar of Companies (either the Registrar of Companies for England and Wales, or the Registrar of Companies for Scotland, depending on the location of the branch (the "Registrar"). Within one month of having opened a branch in a part of Great Britain, an overseas company must deliver the following to the Registrar:
- a completed form BR1 containing much detail about the company and its officers;
- a certified copy.

Business Name 

If no business name is given, the corporate name will automatically serve as the branch name. 

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London, UK

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Company Registration Process in UAE / Foreign Investment (Cost/ Fees/ Charge)

Foreign Company Registration in UAE, Company Registration Process in UAE, Foreign Company Incorporation process in UAE, Doing business in UAE, Foreign Investment in UAE, Company Formation Process in UAE, How to set up business in UAE, Joint Venture company incorporation in UAE, Foreign Investment policy in UAE, Company Formation Procedure in UAE, Starting business in UAE

S & F CONSULTING FIRM LIMITED is an international business/ company registration consultancy firm.

Foreign Company Registration (100% Foreign Investment, Joint Venture, Virtual/ Branch/ Liason Office, Foundation), Taxation, Accounts & Audit, Legal, Company Secretarial & Management Consultancy.

Company Registration/ Formation/ incorporation in UAE, Foreign Direct Investment in UAE-FDI, FDI in UAE, Doing Business in UAE

United Arab Emirates (UAE) Company Registration/ Formation/ Incorporation

Subsidiary/ Branch Office registration in UAE

Foreign Company Branch or Representative Office

The branch will be considered the company’s headquarters in Dubai, and its business shall be subject to the provisions of the laws of Dubai and the UAE.

1. Ownership
The parent company retains 100% ownership of the branch or representative office, which must operate under the same name and conduct the same business as the managing firm. There is no separate legal identity.

A branch or representative office needs to appoint a local services agent, who has no rights, interests or financial involvement in the business. This can be a UAE National, or a company owned by one or more UAE Nationals, who will manage the necessary government procedures and administration.

The branch office must have an independent budget, its own profit/loss statements and must appoint a UAE-accredited auditor.

2. Activities
The requirements for registering a branch office in Dubai differ, depending on whether the parent company and the branch are involved in commercial and industrial activities or professional Activities

3. Commercial and Industrial Activities A foreign company can conduct trade, commercial or industrial activities in Dubai by registering first with the UAE Ministry of the Economy (MOE), then with the Dubai Department of Economic Development (DED).

Foreign company set up info in UAE

Under UAE law, foreign entities interested in establishing a formal presence in the UAE have five options: create a permanent establishment, of which there are seven different types; establish a branch office; create an entity in a UAE free zone; create a civil company (only in Sharjah and Dubai); or enter into a commercial agency agreement.

The UAE Commercial Companies Law (CCL) requires that each company established in the UAE has one or more UAE national partners who hold at least 51 per cent of the company's capital. Companies that undertake certain activities (oil industry, production of electricity and gas, treatment and distribution of water) are exempt from the 51 per cent requirement. Companies established in free zones are also exempt from the 51 per cent requirement, if the relevant free zone has special provisions regulating the company. Foreign banks are exempt from having to appoint a sponsor.

Further information is available on the UAE Ministry of Economy website and through each
Emirate's Department of Economic Development.
Abu Dhabi Department of Economic Development
Dubai Department of Economic Development
Ra's al-Khaimah Department of Economic Development
Sharjah Department of Economic Development
Fujairah Department of Economic Development
Chambers of Commerce
Chambers of Commerce in each emirate are invaluable sources of information and assistance for anyone intending to do business in the country: they keep investment databases, issue and authenticate licences and other documentation, arbitrate on disputes and provide business facilities, such as meeting and conference rooms.

Abu Dhabi Chamber of CommerceDubai Chamber of Commerce and IndustrySharjah Chamber of Commerce & IndustryAjman Chamber of Commerce & IndustryUmm al-Qaiwain Chamber of Commerce & IndustryRa’s al-Khaimah Chamber of Commerce & IndustryFujairah Chamber of Commerce, Industry & Agriculture

Free Trade Zones in UAE

Establishing a business entity in one of the UAE’s Free Trade Zones (FTZs) can be an extremely attractive option for foreign investors. The major attributes of a free zone are:
• 100 per cent foreign ownership of the enterprise
• reduced or different trade barriers,tariffs and quotas
• 100 per cent repatriation of capital and profits
• Corporate tax exemptions for up to 50 years
• No personal income taxes
• Assistance with labour recruitment, and additional support services, such as sponsorship and housing.
• An independent Free Zone Authority (FZA) governs each free zone, and is the agency responsible for issuing FTZ operating licences and assisting companies with establishing their business in the FTZ.
• Investors can either register a new company in the form of a Free Zone Establishment (FZE) or simply establish a branch or representative office of their existing or parent company based within the UAE or abroad. An FZE is a limited liability company governed by the rules and regulations of the Free Zone in which it is established. Except for acquiring nationality in the UAE, the provisions of the CCL do not apply to FZEs, provided that the Free Zones have special provisions regulating such companies.
• However, free zone companies may only operate within the free zone boundaries and are generally limited to performing solely thouse activities listed in their licence.

Laws and Regulations in the UAE for Foreign Investor Companies
There is the Federal Law which applies to all 7 Emirates and supersedes the “domestic” laws of each emirate. In addition within each emirate there are Free Zones which have their own laws and regulations which might be different from UAE laws (and from Free Zone to Free Zone they may differ but many elements are common) as they are structured to facilitate business for foreigners. For example in DIFC (Dubai International Financial Centre – the Financial Services Free Zone) English law was adopted as the prevailing law, in order to facilitate these activities!

Permitted type of activities>
This is not like Malta or Cyprus where the Articles of association / laws allow many activities in ONE company. Activity licensing for each entity mentioned above is as follows:
(a) For a free zone company ONE must get A TRADE license for EACH ONE activity e.g. consulting OR trading etc. and holding shares or participating in ventures is allowed.
(b) For offshore companies many activities are allowed for one company Restricted activities for offshore are:
• Financial – Aviation- Media – precious metals- oil and gas As accepted ones are :
• Business and Management consultancy
• General Trading
• Holding companies and holding shares in other companies in the UAE or outside
• Trading (Shall be specified)
• Owning Free hold properties

Accounting, Reporting, Audit
Offshore Companies need to keep books of account and prepare financial statements but no audited financial statements are required.
Free Zone Companies Companies need to keep books of account and prepare financial statements AND audited financial statements.

Investment restrictions
Islam forbids gambling in any form. Consequentially, derivatives, forwards, options and futures are prohibited. Other forbidden practices include short selling, margin, and scalping trading. Day trading is considered akin to maisir. Marketable securities generally have a multi-day settlement period, during which time the underlying instruments, while cleared, are not formally registered in the name of the purchaser. As day traders do not wait for settlement to complete, they are using a type of credit cushion provided by their broker.[3] Day traders also very commonly rely on a margin account to finance their trading activity.

The payment or receipt of interests are considered usury and unjust. Debt is also disapproved making investments in highly leveraged companies unacceptable. Funds cannot pay fixed or guaranteed return on capital. Instead of borrowing and lending, Islamic finance relies on sharing the ownership of the assets and therefore risk and profit/loss. Companies involved in prohibited business activities cannot be part of a Shariah fund strategy. Prohibited business activities can relate to food (production and sales of alcoholic beverages including pubs and restaurants, pork products, tobacco), gambling (casinos, on-line gambling, betting, lottery schemes), adult oriented (video, magazines, on-line material, strip clubs), dubious, immoral and illicit trades (prostitution, drugs).

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Abu Dhabi, UAE

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Foreign Company Formation/ Registration/ Incorporation in Dubai

Foreign Company Registration/ Formation/ Incorporation in Dubai, Company Registration in Dubai, Company Registration Process in Dubai, Foreign Company Registration in Dubai, Company Formation in Dubai, Offshore Company Registration in Dubai, Offshore Company Formation in Dubai, Starting business in Dubai, Doing business in Dubai, Foreign Investment in Dubai

S & F CONSULTING FIRM LIMITED is an international business/ company registration consultancy firm.

Foreign Company Registration (100% Foreign Investment, Joint Venture, Virtual/ Branch/ Liason Office, Foundation), Taxation, Accounts & Audit, Legal, Company Secretarial & Management Consultancy.

Company Registration/ Formation/ incorporation in Dubai, Foreign Direct Investment in Dubai-FDI, FDI in Dubai, Doing Business in Dubai

Company Formation / Registration in Dubai

Dubai Joint Venture Companies

A joint venture is a contractual agreement between a foreign party and a local party licensed to engage in the desired activity. The local equity participation in the joint venture must be at least 51%, but the profit and loss distribution can be prescribed. There is no need to license the joint venture or publish the agreement. The foreign partner deals with third parties under the name of the local partner who - unless the agreement is publicised - bears all liability.

In practice, joint ventures are seen as offering a suitable structure for companies working together on specific projects.

Dubai Limited Liability Companies

A limited liability company can be formed by a minimum of two and a maximum of 50 persons whose liability is limited to their shares in the company's capital. Such companies are recognised as offering a suitable structure for organisations interested in developing a long term relationship in the local market.

In Dubai, the minimum capital is currently Dh. 300,000 (US$ 82,000), contributed in cash or in kind. While foreign equity in the company may not exceed 49%, profit and loss distribution can be prescribed. Responsibility for the management of a limited liability company can be vested in the foreign or national partners or a third party.

The following steps are required in establishing a limited liability company in Dubai.

Branches and Representative Offices of Foreign Commercial Companies in Dubai

The Commercial Companies Law also covers the formation and regulation of branches and representative offices of foreign companies in the UAE and stipulates that they may be 100% foreign owned, provided a local agent is appointed.

Only UAE nationals or companies 100% owned by UAE nationals may be appointed as local agents (which should not be confused with the term "commercial agent"). Local agents -- also sometimes referred to as sponsors -- are not involved in the operations of the company but assist in obtaining visas, labour cards, etc and are paid a lump sum and/or a percentage of profits or turnover. In general, branches and offices of foreign commercial companies are not licensed to engage in importing activity except for re-export or in the case of products of a highly technical nature.

To establish a branch or representative office in Dubai, a foreign commercial company should proceed as follows:

• Apply for a licence from the Ministry of Economy and Commerce, submitting an agency agreement with a UAE national or 100% UAE owned company. Before issuing the licence, the Ministry will:

• forward the application to the Economic Department to obtain the approval of the Dubai government;

• forward the application specifying the activity that the office or branch will be authorised to undertake in the UAE, to the Federal Foreign Companies Committee for approval;

• Once this has been done, the Ministry of Economy and Commerce will issue the required Ministerial licence specifying the activity to be practised by the foreign company;

• The branch or office should be entered in the Economic Department's Commercial Register, and the required licence will be issued;

• The branch or office should also be entered in the Foreign Companies Register of the Ministry of Economy and Commerce;

• Finally the branch or office should be registered with the Dubai Chamber of Commerce and Industry.

• What are the capital requirements to set up business in UAE ? 

Minimum share capital required for a specific trade license is U.A.E.

Dhs. 300,000/- .

The share capital is divided into shares of Dhs. 1,000/- each.

For emirates other than Dubai capital requirement is Dhs. 150,000/- and Dhs. 1,500,000/- respectively. The share capital is divided into shares of Dhs. 1,500/- each

•How is the capital to be contributed?

Dhs. 300,000/- for Specific Trade License.

Contribution in Cash

Existing Sole Proprietor or partnership concerns can contribute capital in cash.

New companies have to compulsorily contribute capital in cash only.

• Is residential address to be stated anywhere? 

The residential address of the expatriate partners has to be stated in the Memorandum of Association and supported by the tenancy contract copy as 5% tax has to be paid on the per annum rental value.

• Which are the documents required to be submitted to the Department of Economic Development?

A complete list of documents required to form a Limited Liability Company is enclosed herewith. Refer Annexure A.

After Formation of the Company in Dubai

• Can the company open branches in Dubai?

The company can open branches in Dubai by submitting an application alongwith the original trade licence and other documents.

• Apply to the Ministry of Economy

An application must be made to the Ministry of Economy (MOE) (the UAE Commercial Companies Law, article 314). trade name reservation certificate and initial approval

Obtain licence from the Department of Economic Development

The MOE will issue a formal approval to either the Abu Dhabi Department of Economic Development or the Dubai Department of Economic Development, as appropriate (collectively referred to as the DED here).

Becoming a member of the Chamber of Commerce and Industry

The final step is for the branch or representative office to register as a member with the Abu Dhabi Chamber of Commerce and Industry or the Dubai Chamber of Commerce and Industry, as appropriate. The procedure is largely the same. It will be necessary to complete an application, and provide copies of the commercial licence and office lease agreement along with passport copies of the authorised signatories of the branch or representative office.

Notarisation and translation of documents

The foreign company will have to present the documents listed above for authentication at the foreign ministry of the country in which the company is incorporated and subsequently to the UAE consulate. Before they can be presented to the authorities in the UAE, they must also be translated into Arabic by an official translator. The notarisation process should be commenced as early as possible as it can take a significant amount of time. Where the responsible UAE embassy is not located in the country of incorporation, the process can be delayed further.

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Abu Dhabi, Dubai

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