Tuesday, December 11, 2012

Trade License Renewal – Ajman Free zone





Ajman Free zone Trade license Renewal.















Monday, December 10, 2012

Protect your Business- Register your Trademark.




What is a trademark?
A trademark is a word, phrase, symbol, design, or a combination thereof, which identifies and distinguishes the source of the goods of one company or party from those of another.
A service mark is same as a trademark, except that it identifies and distinguishes the source of the service rather than the product. Throughout this website, the terms "mark" and "trademark" refer to both trademarks and service marks.
Owning a trademark or service mark grants the owner the exclusive right to identify their goods and/or services with that mark.
Registering a trademark heightens the protection it receives, deters others from using your trademark, and increases the remedies should someone infringe upon the trademark.

A. Greater Protection

1. Registration protects a company's name or logo, which is often a company's most valuable asset; 

2. The trademark owner receives exclusive nationwide ownership of the mark;

3. Registration decreases the likelihood of another party claiming that your trademark infringes upon their trademark;

4. Registration provides official notice to others that a trademark is already taken; consequently, a company that later adopts a confusingly similar trademark can not claim ignorance of the mark;

5. The trademark owner obtains the future right to make the mark "incontestable," which provides conclusive evidence regarding the validity of the mark and of the registrant's exclusive right to use the mark; and

6. A United States Registration can be used as a basis for obtaining registration in foreign countries.

B. Greater Deterrence


1. The trademark owner obtains the right to put a , after the mark, alerting others to your registration and preventing the defense of innocent infringement;
2. The trademark will appear in trademark search reports ordered by others, likely discouraging others from proceeding with the registration of the same or similar mark; and

3. The United States Patent and Trademark Office ("USPTO") will refuse registration to any trademarks it deems confusingly similar to your trademark.

C. Greater Remedies

1. Registration grants the trademark owner the right to recover up to triple damages and attorney's fees from an infringer;
2. The trademark owner receives the presumption of being the valid owner of the mark;

3. A registration increases the likelihood of the successful filing of a dispute resolution policy for an infringing Internet domain name; and

4. The trademark owner has an automatic right to sue in federal court. 
How is trademark protection different from copyright and patent protection?
As earlier discussed, a trademark is any word, symbol, device, logo or slogan that identifies and distinguishes one product or service from another.

A copyright is a bundle of rights granted to authors of creative works such as books, websites, computer software, music, architecture, paintings and many other creative works. A copyright owner has the exclusive right to copy and sell the work and additionally has the right to perform it and make variations on it.

A patent is a right provided by the government that allows inventors to prevent another from making, selling, or using another invention that is similar in nature. Patents may be used to protect inventions, machines, devices, processes and many other things. Registering A Trademark does not practice patent law. 
Is there a worldwide trademark?
No. However, it is possible to file one application for a group of countries such as:

1. The European Union, covering 15 countries in Europe;

2. The Madrid Protocol, covering several dozen countries; and

3. The Andean Pact, covering several South American countries.

Otherwise, one must seek trademark protection on a country-by-country basis. 

Should you require more clarification please feel free to contact me on rupeshpr@gmail.com

Thursday, December 6, 2012

Business setup in Hamriyah Free Zone






Branch of a Local / International company
Basically, whether the branch is of a local company or of an international company, no capital is required to be deposited with the bank. The following documents should be provided.
Local Company
License or Certificate of Commercial Registration from the Economic Department. (Notarized copy)
Certificate of Incorporation/Good-standing (Notarized copy)
Memorandum and Articles of Association of the company. (Notarized copy)
Memorandum and Articles of Association of the company (Notarized copy)
Board Resolution for opening a branch in Hamriyah Free Zone and to appoint the manager for the Free Zone operations (Notarized copy) with his passport copy and Power of Attorney.
Board Resolution for opening a branch in Hamriyah Free Zone and to appoint the manager for the Free Zone operations (Notarized copy) with his passport copy and Power of Attorney.
Bank’s reference letter regarding creditworthiness of the company (Original).
Bank’s reference letter regarding

Important aspects of an FZE 

Ø  An FZE / FZC will be a limited liability entity.
Ø  Not only natural persons but juristic persons like Companies can also incorporate FZE/FZCs in Hamriyah Free Zone.
Ø  FZE / FZC’s like branches of local or foreign companies will have to get a Free Zone License after incorporation/Registration.
Ø  An FZE will be sole shareholder company. An FZC will be multi Shareholder Company with 2 to 5 shareholders.
Ø  No share may be transferred without prior written approval of HFZA.
Ø  The Financial Years shall be from January to December each year, except the commencement of the first year which shall be the date of Incorporation.

Minimum Legal Requirements

Ø  Free Zone Establishments (FZE) / Free Zone Company (FZC) should abide by the FZE / FZC Implementing Rules and Regulations. FZE Implementing Rules and Regulations are equivalent to its Memorandum and Articles of Association where as FZC Implementing Rules and Regulations are equivalent to its Articles of Association.
Ø  FZE/FZE should submit its audited financial statements to Hamriyah Free Zone Authority every year within 3 months from the end of the financial year.
Ø  There should be at least 2 Directors and a Secretary for FZE / FZC's.
Ø  If a foreign national is to be appointed as a Director or Secretary, HFZA may require that such persons hold valid residence and work permit from the relevant authorities.
Ø  At least one of the Directors and the Secretary must be residents.
Ø  The offices of Director and Secretary may be held jointly by a single person.
The type of License that will be issued to an applicant company will be defined by the activity the applicant company is permitted by the Hamriyah Free Zone to undertake as follows:
This license will allow the holder to import raw materials for the purpose of manufacturing, processing and/or assembly of specified products. The finished products may be exported outside the UAE. If the finished products are sold in the UAE market then the License holder will need to do this through a local distributor or a local agent.
This license will allow the holder to import, export, sell, distribute and store items specified on the license. If the finished products are sold in the UAE market then the License holder will need to do this through a local distributor or a local agent.
This license allows the holder to carry out the services which are specified on the license within the Hamriyah Free Zone only.

Should you require more clarification or assistance to start your business in Hamriyah Free zone please feel free to contact me on rupeshpr@hotmail.com or call me on 00971-553660266

Monday, October 22, 2012

COMPANY FORMATION IN DUBAI SILICON OASIS.





Should you require more clarifications please feel free to contact me on rupeshpr@hotmail.com or call me on 00971-553660266

Saturday, October 13, 2012

Contracting/Maintenance Trade License Renewal in Dubai



Contracting/Maintenance Trade License Renewal in Dubai















Should you require more clarifications and assistance to Start your Business or Trade License Renewal please feel free to contact me on rupeshpr@hotmail.com or 00971-553660266
                                                                                              


Residence visa for a new born baby in Dubai.




Criteria

You must apply for a residency visa for a new-born baby within 120 days of his/her birth. If you fail to do this the child will not be allowed to leave the UAE and the legal guardian must pay an AED100 fine for each day over the 120 day period.

Documents Required:

• Application form
• Original passport for the baby (if the baby was added to one of his parent’s passport, take that one)
• Original + a copy of the baby’s birth certificate (must be attested by the Ministry of Foreign Affairs - Dubai office. 
• 3 passport sized photos of the baby
• Original + a copy of the attested marriage certificate
• Passport copy of sponsor.
• Copy of job contract for the sponsor or a salary certificate
Should you require more clarifications on procedures  please feel free to contact me on rupeshpr@hotmail.com or 00971-553660266.

Merger of a foreign Branch/ Representative office




Definition of 'Merger'
                A merger or acquisition is a combination of two companies where one corporation is completely absorbed by another corporation.

Ministries Involved:
  1. Department of Economic Development (DED)
  2. Ministry of Economy
  3. Ministry of Foreign Affairs
  4. Dubai Courts

Documents Required: (Parent Company)
1. Company registration (Incorporation) certificate for new parent company (Legally Translated in Arabic and Attested)
        2. Passport copy of Partners (No need for attestation)
       3. Board of Directors Resolution (Legally Translated in Arabic and Attested)
       4. True copy of company’s memorandum / articles of association of parent company (Legally Translated in Arabic and Attested)
       5. Board Resolution for appointing a Director / Representative for the UAE Branch with all powers to sign and act on behalf of the parent company (Legally Translated in Arabic and Attested)
      6. Auditors Report – At least for last 2 years
      7. Power of Attorney to the Representative / Director
      8. Merger Documents / Share Sale Documents of the Parent company
     9. Good Standing Certificate

Documents Required: (Foreign Branch/ Representative office)
  1. National Service Agent  Agreement of the Representative office in Dubai
  2. Ministry of Economy Certificate  (valid)
  3. Dubai Branch/ Representative office License copy (valid)

Should you require more information's please feel free to contact me on rupeshpr@hotmail.com or on 00971-553660266

Wednesday, October 10, 2012

Monday, July 9, 2012

DUBAI FISHING LICENSES FOR RESIDENTS ONLY



 Individuals who want to go fishing must obtain a license from the municipality for recreational fishing — whether it is along the coastline or in leisure boats.

Expatriates who wish to go for recreational fishing in Dubai must be residing in Dubai.
"A fishing license is a requirement for individuals prior to conducting [any] fishing activity. The fishing license will be given only to those who have their residency visa issued in Dubai and are living in Dubai," no fishing license would be issued to those who have their visas issued from another emirate and are living in another emirate. Even if the residency visa is issued in Dubai no fishing license will be given if the person is living in another emirate.
Equal conditions
The same law is followed across other emirates, adding that Emiratis who have their passports issued from Dubai can fish in Dubai.
"If people have their residency visa issued from another emirate they must be living in Dubai to be given fishing license from Dubai. They must prove to us that they are living in Dubai, those who caught fishing without a license will be fined.
Fishing is only allowed in specific areas as authorized by Dubai Municipality. "This is to ensure the management of fishing operation and strict implementation of the Federal Law No. 23 of 1999 on the Exploitation, Protection and Development of Aquatic Resources in UAE and the Federal Law No. 24 of 1999 for the Protection and Development of Environment."

Setting up of Branch of a Free Zone Company In Mainland

The only legal alternative for Free Zone Companies wishing to carry on business in the UAE is to appoint a mainland UAE agent or to establish a mainland branch of the Free Zone Company. In both cases the local UAE agent must be a UAE national or a company wholly owned by UAE nationals. 

Both options present practical difficulties and additional expense for Free Zone entities wishing to enter the UAE marketplace.
A branch company or local agent may carry out services or sell goods on behalf of the Free Zone Company, this can be a costly and, particularly in the case of service providers, where human capital is involved, an impractical and difficult model to operate.

Should you require more clarifications please feel free to contact me on rupeshpr@hotmail.com or call on 00971-553660266

Saturday, July 7, 2012

REAL ESTATE LICENSE REGISTRATION IN DUBAI












  Remark: Must cancel visa or change the title.

Should you require more clarification and assistance to start your company - please feel free to contact me on rupeshpr@hotmail.com or call on 00971-553660266

Tuesday, February 28, 2012

SHARJAH AIRPORT FREE ZONE ( SAIF ZONE) COMPANY FORMATION


SAIF ZONE


Company registration


To operate from within the SAIF-Zone, a company has to be incorporated. The Legal Status of the companies in SAIF-Zone is classified as here under.


1. Free Zone Company (F.Z.C)


Two or more legally capable persons natural or juridical can establish a Free Zone Company in SAIF-Zone with a minimum capital of AED.150, 000/- or its equivalent in US Dollars. In normal cases the maximum number of shareholders is up to 5 and if approved by the SAIF-Zone management the maximum number of shareholders can go up to 7 shareholders. Liability shall be limited to the FZC's share capital.


2. Free Zone Establishment (F.Z.E)


A legally capable person natural or juridical can establish a Free Zone Establishment in SAIF-Zone. In other words there shall be only one owner (shareholder) in a Free Zone Establishment. The minimum amount of capital required is AED.150, 000/- or its equivalent in US Dollars. Liability shall be limited to the FZE's share capital


Benefits which SAIF Zone offer to businesses are as follows:


100% foreign ownership.


100% repatriation of capital and profits


100% exemption from corporate and personal income tax.


No import/export duties.


25 year leases extended for a similar period.


Sponsorship and visas for all staff.


24x7 operational freedom.


Facility rental protection.


Documents Required


    FZE /FZC forms to be filled


  Project Summary


  Passport copy of the Owners / Managers


  A minimum Company Capital of AED 150,000/- to be deposited in any bank in UAE (can be withdrawn in a few days)


You also need to submit to us the following letters in original viz.:


  Auditors appointment Letter in original (registered with SAIF-Zone);

Bank Certificate in original, specifying the capital.


Cost Guidelines


License Cost depends on the activity of license required.
For more information's please feel free to contact me on rupeshpr@hotmail.com or 
call me 00971-553660266