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SFM IN PRESS

Benefits of Setting Up a Shams Free Zone Company In the United Arab Emirates

15 January 2018

Globalization has meant that if you wish to set up a new company, such as an Ecommerce, consultancy or trading business, you don’t have to sieve through commercial property pages in your local area. With places like Dubai around, you can save yourself a lot of dollars by taking your business there, as the Shams Free Zone offers a lot of concessions to businesses...

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UAE’s most dynamic free zone jurisdiction

22 November 2017

As the rapid success of the UAE continues, Ras Al Khaimah provides spectacular economics opportunities. Ras Al Khaimah is a place great to live with its high quality and affordable housing, shopping malls, and lots of family activities; it could offer a fabulous lifestyle matched only by an environment that is a great place to conduct business [...]

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UAE OFFSHORE

Offshore or non-resident companies are described as companies that do not conduct any business within the jurisdiction of incorporation. Here are the most renowned offshore jurisdictions in the UAE:
 
 

OUR OFFSHORE SERVICES

Experts in company formation

Registration of your company

Full administrative management of your company

SFM offers a service from A to Z, We do not just register your company. In fact, our Account Managers are all specialists in company law and are at your disposal throughout the year:

  • To answer all your questions of a general nature
  • To add or remove a company shareholder or director
  • To sign contracts on behalf of the company
  • To change the name of your company
  • To open a bank account on behalf of the company
  • To produce additional company documentation (Certificate of Incumbency, Certificate of Good Standing, etc.)
  • To dissolve a company
  • To increase or decrease your company share capital
  • To transfer the company from another agent

Experts in company formation

Director and shareholder services

Nominee director

The nominee director service may be used where a client doesn’t wish to be personally appointed or has to meet local requirements. The name of the director will appear in the corporate documents, in any business contract and sometimes in the jurisdiction's business register.

Upon appointment of a nominee director, a Nominee Service Agreement will be signed between the client and the nominee. It will guarantee the client that the nominee can only act or sign documents upon the client's request and with the client's prior approval.

Professional directors introduced by SFM work with the highest level of integrity and confidentiality.

Nominee shareholder

The nominee shareholder is appointed in order to detain shares on behalf of the owner of the company. The name of the shareholder will appear in the corporate documents, and sometimes in the jurisdiction's business register.

Upon appointment of a nominee shareholder, a Nominee Service Agreement (declaration of trust) will be signed between the client and the nominee.

Nominee shareholders introduced by SFM work with the highest level of integrity and confidentiality.

Experts in company formation

Telephone answering and mail management

Why use a virtual office?

This service enhances the reputation and credibility of your company by providing an address and telephone number in an onshore location.

Our virtual office service is comprehensive and includes all the administrative and secretarial assistance you require. You will be assigned a telephone number and a secretary will answer all your calls promptly. A missed call can mean lost business; that is what inspired SFM to set up a suitable structure and staff so as to be fully effective.

The main advantages of the virtual office:

  • Reception and forwarding of your mail from one of our offices in RAK, Geneva, Hong Kong or the United Kingdom.
  • Your phone calls will be answered promptly and dealt with according to your wishes (forwarded to another phone number or a message taken).
  • We act as your secretary and this lends substance to and creates confidence in your company.
  • Your phone calls are answered from 8: 30 in the morning until 19: 00. Outside these hours our answering machine will take your messages.
  • You will be informed immediately of any new messages for your attention.
  • Reception of your faxes 24/7 and forwarding of the faxes to your email by scanned pdf.

Experts in company formation

Visual identity for your company

The visual identity of your company is crucial for your client relationships. It reflects the image that you want to present to the outside world and therefore it must be considered carefully.

SFM employs a full-time professional graphic designer in order to provide excellent service for our customers. 

Concerned with creating your company’s visual identity, his work will includes your:

 

  • Business cards;
  • Headed paper; and
  • Logo delivered in several formats.

 

Your company logo will be designed according to your specifications and based on a theme that you are welcome to provide (depending on the activity of your company) or without any particular theme. The cost of this service is EUR 250. 

 

Here are 10 examples of logos that he has designed:

 

 

SFM can also take care of creating your company’s website. Click to discover our three offers straightaway, adapted to your needs. | Read More >>

Experts in company formation

Accounting and auditing services

In some jurisdictions, such as Switzerland, the United Kingdom, Cyprus and Hong Kong and also in most of the UAE free zone jurisdictions, maintaining company accounts is mandatory. As SFM offers a service from A to Z, it can therefore, at the request of the client, assist with completing all the necessary formalities.

Our services include the following:

  • Accounting
  • Preparing financial statements
  • Auditing
  • Completing tax returns
  • Acting as the link between the tax authorities and the client

As each jurisdiction has its own rules regarding accounting and the timeframe for submitting tax returns; SFM will contact you at the right time to ask you to provide us with the documents needed to draw up the accounts.

 

The documents required are generally the following:

  • Company bank statements
  • Contracts
  • Lease contract
  • Purchase receipts/sales invoices
  • Loan documents