“You’re ready to begin, and we’re here to support you!”
Incorporating a company is the cornerstone of any business, and we ensure a seamless process for you. This includes handling various formalities such as registrations, licensing, PRO services, visa applications, renewals, approvals, office space arrangements, and bank account setup.
Rest assured, STH provides customized solutions that are carefully crafted to meet your specific needs and requirements throughout your company’s entire lifecycle.
STH Financial Services
Client Satisfaction
Years of Experience
At STH Financial Services, we understand that banking is more than just managing your finances. It’s about having a trusted partner who can guide you through the complexities of the financial world and help you achieve your business goals. That’s why we offer a wide range of business banking services tailored to meet the unique needs of your enterprise.
Generally, you have two main options for where to base your business operations: the Mainland or Free Zones.
Trade Name: Begin by reserving a distinctive trade name that not only stands out but also clearly reflects your business activity. This crucial step ensures your brand identity is both unique and aligned with your operations.
Bank Account Opening
Our expert team can assist you with opening a new bank account for your business, providing guidance and support throughout the process.
Business Current Accounts
Manage your business finances efficiently with our tailored business current account solutions.
Business Loans
Access funding for your business growth with our competitive business loan options.
Cash Management
Optimize your cash flow and reduce risk with our comprehensive cash management solutions.
In the UAE, every organization must secure specific licenses to operate, with regular renewals required. The type of license needed is determined by the nature of the economic activity. A single license can encompass multiple activities from the 2,300 approved economic activities. Recent regulations permit 100% foreign ownership in Dubai for 1,061 of these activities.
1. Commercial License:
This license is essential for businesses involved in trading goods and commodities. It covers various activities including retail trading, transportation, broadcasting, real estate, communication, construction, and healthcare.
2. Industrial License:
Required for businesses engaged in the manufacturing or processing of goods from raw materials, whether sourced locally or internationally. Additional approvals might be necessary from the Ministry of Finance, Ministry of Energy & Infrastructure, etc. This license covers activities like food production, textiles, metals, equipment and engines, petroleum products, and paper.
3. Professional License:
Needed for organizations providing professional services such as consulting, craftsmanship, and artisan work. This license validates the organization’s expertise and credibility in fields like consultancy, publishing, repair services, and security.
STH Business Incorporation Services offers expert guidance and customized solutions designed to meet your unique business goals, with a focus on adaptability, flexibility, and top-tier security and privacy protections.
In the UAE, having a physical presence is mandatory for all entities. You can either establish your own property or rent office space, depending on your preference and needs. Both options involve specific formalities and procedures. Choosing the right workspace structure can help optimize costs and reduce capital expenditure.
STH: Leading the Way in Trusted Company Formation in Dubai
At STH, we don’t just handle your paperwork; we find the ideal workspace to match your business needs. From vibrant co-working hubs to private offices and flexible desk solutions, we expertly manage your expansions and relocations, ensuring a smooth transition every step of the way.
