6 Documents You Will Need For Your Start-Up Organization In UAE

Whether you believe it or not, this aforesaid saying absolutely fits the context of business. Having the correct legal documents in place will be utmostly crucial for almost each and every company out there, especially in UAE. This, in turn, can help them protect their intellectual property and investment in the business.

But, which documents will you need the most to safeguard your start-up organization?

In this article, we have mentioned six of the most critical papers that you need to keep within reach of your hands. Hopefully, it’ll help you out to some extent.

Documentation For Start-Ups In UAE

When you’re creating the documentation for your start-up, make sure to keep the following in the patch. Please keep reading to know more about them.

Document - 1: The Trade Name Certification

Before you can establish your company, you have to give it a name. Otherwise, it will not be registered or operable in the UAE. Take the help of the uae law firms and follow these rules properly while naming your organization -

• The name must be unique from every front. Duplicates won’t be approved.

• It mustn’t breach the aspect of public morale or order.

• The meaning of the name must not be deceptive or ambiguous.

• It must not contain the name of any Gods.

Finally, if you’ve named your company by your name, you must ensure that you’re the business’s head or owner.

Document - 2: Office Lease Agreement

The tentative or rental agreement paper is a piece of must-show evidence for every business. Although the terms “rental” and “lease” are usually utilized interchangeably, they hold vastly different meanings altogether. 

For example, a rental agreement, in essence, is an ideal option for a short-term property. They will be renewed automatically unless you terminate them.

Conversely, a lease agreement is long-term, with the minimum period being around three to five years. If you want, you can also extend it up to 99 years.

Document - 3: EJARI Registration 

Whenever you sign a brand new tenancy contract in Dubai, you have to complete a separate Ejari registration through the online portal. It, in essence, is a government-run program that can regulate almost all the tenancy contracts in Dubai.

It officially records the price you’ve had to pay for your rent. Hence, if you maintain it, your landlords will not increase the rent indiscriminately. You can acquire this certificate through the official online portal of EJARI.

Document- 4: Letter Of Authorization

Have you been receiving assistance from any third-party organization while filling a form or submitting any documentation? 

Well, in that case, you have to acquire a letter of authorization.

The number of the types of documentation can increase depending on your economic zone and trade license. Hence, the overall expense behind the same can also increase or decrease.

Document - 5: Passport 

If you have arrived in the country from somewhere else, you have to keep the details of your passport as well. And, it’s applicable to every important member in your office. The list of individuals will include the following -

• The director of the company.

• The manager, to be appointed by the organization, and

• The local partners of the corporation.

Document - 6: Previous Financial Document

The previous financial document or utility bill of your organization is proof of your funds and residence. They need to have the information about your business, the full names of the local partners, and the owners.

Final Thoughts

Like any other country, you have to maintain a form of legal structure for your business in the UAE. Otherwise, you may fall into some sort of legal trap. And, in that case, it’ll be almost impossible for you to get out.

In any case, now, we’ll conclude our article. We hope that we could convey as much data as you need to clear your concept. 

However, if you still feel like we’ve missed something or you want to learn something, make sure to comment below.

We’ll try to answer your question as soon as possible!