If a DMCC Entity fails to renew its Licence on or ahead of the date of expiry, a sanction will probably be imposed on the member company account, penalties will implement and may well result in the licence becoming terminated by authority. DMCC authority reserves the proper to ask for any more documents at any phase of the method.
Along with knowledge the documentation, contractors and tenants will have to also know about the latest improvements in Concordia’s charge structure.
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As soon as the registration paperwork are signed, all approvals are obtained, and all payments are created. The license might be issued along with other company documents.
To generate the in shape-out acceptance procedure as clean and effective as you can, contractors and tenants must undertake strategic planning and budgeting ways: Collaborate with Skilled In good shape-Out Professionals:
3. All service fees and costs mentioned Within this program are matter to alter by DMCC with no prior discover. Any updates towards the timetable will probably be revealed on this web site.
three. All fees and costs pointed out With this program are issue to alter by DMCC with no prior observe. Any updates for the routine will probably be posted on this website page.
Business enterprise Rules Company may choose General Buying and selling to accessibility all actions other than oil and gas functions and controlled functions that need third party approvals.
This site sheds gentle over the intricacies of Concordia Acceptance, its procedural areas, and The true secret paperwork necessary for An effective software.
3. All charges and expenses described During this schedule are subject to vary by DMCC without prior recognize. Any updates for the timetable will likely be printed on this web page.
Businesses with Industrial, and selected controlled actions can not make an application for two, three or 5 years licence renewal.
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three. All service fees and rates mentioned Within this routine are concordia aofc subject to alter by DMCC devoid of prior observe. Any updates for the schedule will be released on this webpage.
To start out a company in almost any UAE Cost-free Zone you have to finish a few primary methods: attain your small business license, Get the UAE Residence Visa, open a company banking account. When correctly prepared, The complete company set up process should consider from one to 4 months.