Business setup at kiklabb

in kiklabb •  4 years ago 

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Business Setup in Kiklabb Freezone. Kiklabb is located just 15 minutes away from the downtown and Dubai International Airport, and it's scenic with a view of 2 seas with high tech offices, world-class accommodation, and very interesting architecture.

The most usual selections of business people are starting sole proprietorships, corporations, partnerships, or LLCs. The task is to understand the legal structure or how it works and then choose the one, which best addresses as well as meets every requirement and needs of the business to be set up.

The types of workspaces in KIKLABB
Flexi desk

Virtual office
kiklabb Freezone

Business licenses with KIKLABB Free Zone
The KIKLABB free zone generally offers

General trading licenses
Commercial services licenses
Professional service licenses
And the license package by KIKLABB covers

Trade license
Establishment card
Memorandum and article of association or AOA
Share certificate
Certificate of formation
It offers packages for visa up to 10 visa allocation and processing and the visa are allocated for 3 years.

Advantages of choosing KIKLABB Freezone
High-tech infrastructure
Government-owned entity for ease of the process
Zero cooperate tax
High-speed Internet up to 250 Mbps
Free on-site parking for clients.
No dewa bills
World-class accommodation
Interesting architecture
Free dedicated landlines
Complete IT support
The client can choose the packages for business registration as per the requirement
Personal bank account
Tailored health insurance
Printing services
Premium location and services
Daily offices cleaning services
Registration cost in KIKLABB Freezone
It costs AED 20,200 for registering a company up to eligibility of 3 visas.

Why kiklabb?

For Business Setup in Kiklabb Freezone
For the business setup in KIKLABB Freezone, you must have a certain thing as follows,

There should be an approved name for the company
The authorities will approve the name suggested by the company. That will stay as the legal name of the company. The company name must be a unique one. Because if there is another company with the same name, conflicts may occur.

There should be a director for the company
For managing the daily activities and to perform with up-to-date there should be a director. It doesn’t matter the director is local or foreigner. There should be at least one director, it can be more than one.

One Guarantor
They are the legal owners of an LLC. They are known as the member. There is no fixed limit to the number of members a company can have.

A registered address for the company
There will be an official address for the company which will be given in KIKLABBs authorities register.

What Documents required?
Colored passport copy

Visa, entry stamp or cancellation page

NOC (No objection certificate) from an existing sponsor on company letterhead, signed as well as stamped by manager-in-charge must be provided for the customer does not require a visa

Documents needed for Visa processing
Colored passport copy

Passport size picture (white background)

Visa, entry stamp or cancellation page

Valid establishment card copy

A national ID from home country for Pakistani, Afghani, Irani and Iraqi nationalities

Attested medical report for Ethiopian, Sri Lanka, and Indonesian nationalities

Documents needed for opening a Bank Account
Trade license

Certificate of Incorporation

Share Certificate

Memorandum & Articles of Association (MOA/AOA)

Board Resolution

Registered address, website, and line of business along with invoices,

Agreements, CV’s and company stamp for 3 suppliers and 3 clients

Passport copy of all Ultimate Beneficiaries (UBO) – one UBO should be available to meet with the bank

The Signatory must sign passport copies for owner and shareholders (only the signatory is required to show original passport

Visa copies of all Shareholders, Partners, and Signatories

Owner’s Resume/CV (mandatory)

Proof of Address (DEWA Bill, Tenancy Contract). Alternatively, if the client is a new resident, a Declaration Letter from a relative can be provided

Business Model of the company, detailing cash flow

Organizational Structure of the company on official letterhead

Lease Agreement

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