Ingenious Corporate Services – Company Set-up in Dubai, United Arab Emirates
The UAE is known not just for its breathtaking infrastructure, ultra-modern transportation system, and pure gold but also for world-class medical facilities. And it’s no more a secret that healthcare services in the Emirates, one of the most expensive countries in the world, don’t come cheap. Thanks to health insurance, that saves you and your employees from getting ripped off while letting you enjoy the high standard of healthcare in the UAE.
In UAE, residents are required to have health insurance coverage. This includes citizens, expatriates, and visitors. Employers are typically responsible for providing health insurance for their employees, but individuals can also purchase it independently. It is essential for everyone living in or visiting Dubai to have health insurance to cover medical expenses in case of illness or injury. There are a variety of health insurance plans available in the country, including private insurance plans and government-sponsored insurance programs. It is important to research and compare different plans to find the one that best meets your needs and budget. And that’s where we can help, so you pick the one that squarely fits your budget and needs.
In the UAE, it is mandatory for employers to provide health insurance coverage to their employees. The law requires employers to provide coverage for their employees and dependents, including spouses and children.
In the UAE, it is mandatory for employers to provide health insurance coverage to their employees. The law requires employers to provide coverage for their employees and dependents, including spouses and children.
Providing health insurance can be a valuable benefit for employees, especially in a country where healthcare costs can be high. By offering health insurance, businesses can attract and retain top talent, as employees are likelier to stay with a company that provides good benefits.
Providing health insurance can also help improve employees’ overall health and well-being, which can lead to increased productivity and a better work environment.
When employees have access to healthcare, they are more likely to seek medical treatment when sick or injured rather than trying to work through their illness or injury. This can help reduce absenteeism and improve the overall productivity of the business.
Providing health insurance can be a valuable benefit for employees, especially in a country where healthcare costs can be high. By offering health insurance, businesses can attract and retain top talent, as employees are likelier to stay with a company that provides good benefits.
Providing health insurance can also help improve employees’ overall health and well-being, which can lead to increased productivity and a better work environment.
When employees have access to healthcare, they are more likely to seek medical treatment when sick or injured rather than trying to work through their illness or injury. This can help reduce absenteeism and improve the overall productivity of the business.
Overall, providing health insurance to employees is a common practice in the UAE to abide by the law and improve workers’ health and well-being.
With a host of medical insurance plans available in the UAE, choosing the one that suits you can get tricky at times. However, we can make the selection process an easy breeze. Here’s how we can assist businesses in choosing health insurance for their employees.
Your business needs you day and night, and you don’t want to waste your time and energy doing tasks that can be easily outsourced to a third-party company specialized in dealing with them. By outsourcing your healthcare insurance-related tasks, you can save valuable resources and focus on the core business functions. By outsourcing your UAE healthcare insurance needs to Ingenious Corporate Services in Dubai, you may sit back trusting that you’ll get only quality, affordable health insurance coverage for yourself, your family or your employees.
With a host of medical insurance plans available in the UAE, choosing the one that suits you can get tricky at times. However, we can make the selection process an easy breeze. Here’s how we can assist businesses in choosing health insurance for their employees.
Your business needs you day and night, and you don’t want to waste your time and energy doing tasks that can be easily outsourced to a third-party company specialized in dealing with them. By outsourcing your healthcare insurance-related tasks, you can save valuable resources and focus on the core business functions. By outsourcing your UAE healthcare insurance needs to Ingenious Corporate Services in Dubai, you may sit back trusting that you’ll get only quality, affordable health insurance coverage for yourself, your family or your employees.
Here's what our clients think about our company formation services.
Here's what our clients think about our company formation services.
Includes:
T&C Applied*
Includes:
T&C Applied*
Includes:
T&C Applied*
Includes:
T&C Applied*
Get an expert consultation from one of the reputed business setup advisory companies in Dubai, like Ingenious Corporate Services, to analyze your needs and design a solution fit for your business purpose. Our company setup package includes business registration, professional PRO services, visa, labor & immigration services, banking account opening assistance, and all other spadework involved in obtaining the relevant trade license.
The journey starts with the parent company Shareholders or Directors must pass a board resolution mentioning their intention to set up a branch of foreign company in Dubai, United Arab Emirates. Also, appoint a manager or legal representative who will act on behalf of the company to sign the company incorporation documents.
Finding a genuine Local Service Agent. It is mandatory for a foreign company to make a contract with a Local Service Agent (LSA) that can be either a UAE national or a company owned 100% by UAE nationals. The appointed LSA will then complete the trade name registration procedure with the local Department of Economic Development (DED).
Receive approval from the Ministry of Economy (MOE). The application includes company information such as details about the head office, the nature of the business, share capital, the name of the general manager in UAE, and so on. The supporting documents that much go to MOE along with the application are listed below:
The above documents must then be notarized and attested by the UAE Consulate/ Embassy in the country of origin and the Ministry of Foreign Affairs (MOFA) in Dubai, United Arab Emirates.
Depending on the jurisdiction, the attested documents must be translated to English/ Arabic by a sworn translator to be submitted to the relevant Authority.
Ready the following documents and submit them to Dubai DED to acquire the trade license
Make the application payment and collect your branch office license
Apply for all the required visas and complete other tasks to become a full-fledged branch company in Dubai, such as hiring staff, applying for employee labor cards, and opening a bank account. The banks will require complete UBO information of the Parent company and additional corporate and shareholder structures of the Parent company. Be informed that all foreign documents must be attested, legalized, and translated into Arabic for use in the UAE.
Obtain MOE License (within one month) by doing Ministry of Economy (MOE) registration online. For this, you have to pay a certain fee. If not for MOE registration Within the specified time, you will be subject to paying a penalty of AED 1,000 monthly with a maximum limit of AED 10,000 annually. After the MOE registration, the branch company will receive a username and password to upload the requested documents via the portal. One of them is Bank Guarantee. Each Foreign Branch in Dubai, UAE, has to pay a refundable security deposit of AED 50,000 to the MOE (until the license is valid) through a local UAE bank which cannot be withdrawn or used as working capital.