IT SERVICES LICENSE FOR SALE WITH ACTIVE BANK ACCOUNT

Opening an IT company in Dubai is straightforward, and when you follow all the legalities and submit the right documents, you can start your business in quick time. Here are the key steps to setting up your software company in the UAE:

1. Reserve a legal trade name
Your Company needs to comply with all the requirements regarding legal trade names established by the government. It should not be offensive, provocative, or insulting to anyone in any sense. If you wish to use a person's name for your IT Company, ensure that you use the full name and not an abbreviation or nicknames.

2. Finalize the business location
It's imperative to have an in-depth understanding of the various business locations in the UAE. Choosing the right place that matches your business activities can help you save a lot of money and facilitate easier business functioning. Decide if you want a mainland establishment or a set up in one of the free zones.

3. Complete the required paperwork for your software company
a company formation in Dubai involves many legal obligations and document submissions. A business advisor can help ease out the process and ensure that all documents are approved in one go. The paperwork includes trade name reservation, acquisition of the legal trading license, etc.

Documents required for IT company formation
you need to submit the certain documents to the Department of Economic Development (DED) or the concerned jurisdiction to establish an IT company in UAE.

For Individual shareholders:

·         Accomplished Company Setup Onboarding form

·         Scanned copy of visa page (if UAE resident)

·         Scanned copy of UAE Entry Stamp

·         Scanned copy of Emirates ID

·         Scanned copy of Passport

·         Passport size photo for all individual shareholders

For corporate shareholder

·         Accomplished Company Setup Onboarding form

·         Original and attested copy of Board Resolution

·         Scanned copy of Trade License

·         Scanned copy of Memorandum of Association

·         Scanned copy of Certificate of Incumbency

·         Scanned copy of share certificate

·         Scanned copy of the passport of UBO’s

·         Scanned copy of the passport of Manager

·         Scanned copy of Manager’s visa (if UAE resident)

·         Proof of address of the signatory

Passport size photo of Manager