Once the appliance is received by the DFC free port authorities, they’re going to review the background, proposed business activities, space, and repair requirements, etc. After the authentication is done, BCM Corporate Services will issue a preliminary letter of approval within 30 days of having received an application, unless additional information is required by the authorities
After the provisional letter is received, an MoU is drafted by the BCM Corporate Services outlining the basic requirements of operating in the Free Zone. It will act as an agreement between BCM Corporate Services and applicant companies.
The MoU must be signed by both the parties
The next important step is submitting the necessary documents which must be sent within 30 days of receiving the preliminary approval to ensure reservation of office/warehouse space and registration of the proposed entity
Once the documents are received by the authorities, it is time to review them. Once the documents are reviewed a final approval letter will be forwarded to the applicant within two weeks along with the lease agreements and an invoice covering the Trade License Registration Fee and first years’ rental. If submitted documents are incomplete, the application will be put on hold and a letter to this effect will be issued
The applicant must then fax back the acceptance letter within one week to the BCM Corporate Services Finally, the applicant must appoint a director who will act as an authorized signatory to sign the lease agreement and collect the trade license. Payment of the invoice covering the trade license registration fee and first year’s rental must be received prior to or in parallel with Step 6. This should occur within one month of acceptance of the ultimate approval Letter
Dubai Flower Centre (DFC) also can be a 1 stop destination for travelers and tourists curious about buying flowers for their loved ones. Everything here is well wrapped and covered in a presentable manner. Among the documented companies in Dubai Flower Center are Alissar flowers, Shirin flowers, and Ceylinco Foliage Export Ltd just to say Flower Plant Shop setup in Dubai
Now that you have read through each step of starting a business in DFC, you might have gotten a clear idea of the procedure that is followed in this free zone. To give you the push that you simply need, we at Business Setup Worldwide offer consultation on starting a business within the UAE. You can contact us any day to get more information on anything and everything related to business setup services in UAE