It is a one-step process that does not need either the Memorandum of Association MOA or the rent contract for the first year. You submit these only upon renewal of the business license. Depending on the nature of your company and the documentation and approval requirements specific to your business, obtaining a commercial or professional license could take about two days or more.
But with the Dubai instant license, you can get your trade license within a few minutes and with fewer requirements. Note: Instant licenses in Dubai can only be issued to activities that do not need any external approvals. External approvals are additional approvals required from other government authorities or government-approved agencies.
Document requirements differ depending on the channel through which you apply for the instant license. You will be issued a single payment voucher which includes the fees for initial approval, trade name reservation, and issuance of the license. The cost of the instant license will vary depending on the activity of your company. Each business structure has its advantages and disadvantages. Find out what they are. Appointing yourself registered agent for your company sounds like it might be the simplest solution, but in fact, it's not advisable.
Starting Your LLC. Follow these steps to get your business up and running quickly and easily. Start your new business on the right foot by following these helpful steps. Creating operating agreements allows LLC owners to have more control over their businesses.
Step 3: Choose a Registered Agent Almost every state requires its LLCs to name a registered agent also sometimes called a statutory agent. In general, you must file articles of organization that list such things as: The name and address of the LLC The length of its existence, if not perpetual The name and address of the registered agent The purpose for which the LLC was formed The paperwork usually must be signed by the person forming the LLC, and in some states, the registered agent must also sign.
Ready to start? Get My LLC. Contents 4 min read Ready to start? About the Author Jane Haskins, Esq. Facebook Twitter. Related Topics. This portion of the site is for informational purposes only.
The content is not legal advice. The statements and opinions are the expression of the author, not LegalZoom, and have not been evaluated by LegalZoom for accuracy, completeness, or changes in the law.
You may also like. Starting a Business How to Pay Yourself in an LLC As a business owner, you have many options for paying yourself, but each comes with tax implications.
Our professional Registered Agent service ensures that your legal requirements will be fulfilled and that all communications will be relayed to your company in a timely manner. Swyft Filings offers a professional Registered Agent service as well business filing services. Regardless of the state in which your business is located, we can provide you with Registered Agent services.
Swyft Filings provides companies of all types and sizes an affordable solution that will ensure that they remain compliant with all Registered Agent requirements. Once this has been completed, it is recommended that you take the time to develop a formal set of documents that will explicitly outline the ownership and management structure of the business, as well as establish your initial bank accounts. There may be some state specific requirements that you must observe during these processes as well.
Also, keep in mind that LLCs do face ongoing compliance requirements that will need to be fulfilled on an annual basis. View and compare the different types of business structures to help you understand the benefits of each. We have taken the complexity out of forming your business. Our easy online form can be completed in as little as 10 minutes.
Once your incorporation documents have been approved by the state, you will receive your completed incorporation package by mail. Incorporting your business will help provide personal asset protection by shielding you from being personally liable for business debts. It also allow you to spend less time doing paperwork and more time operating your business.
Filing fees vary from state to state. If you have a question about a specific state, feel free to email or contact us at Swyft Filings offers three options for processing the filing of your company. Standard Processing time for an order is 12 - 15 business days. Your documents will be processed before all non-priority orders which allows you to begin operating your business sooner rather than later. We will prepare and file your incorporation documents with the Secretary of State the same day your order is placed.
Orders are processed as they are received. However, clients that select Express Processing or Same Day Processing will have their orders processed before Standard Processing orders. Incorporation times vary from state to state. Feel free to contact us by email or at for information on specific state processing times. View pricing details. Getting Started is Easy Have your business up and running in 3 easy steps.
We file the paperwork Based on the information you provide, we prepare all required documents and file them directly with the Secretary of State. Receive your documents Once your incorporation documents have been approved by the state, you will receive your completed LLC package by mail.
Trusted and Experienced Our Business Specialists will form your new business the correct way, saving you time and money by avoiding costly errors. Fast Turnaround Time When you place your order through Swyft Filings, we can immediately start the process of forming your new business. Choose the Right Business Type Compare the important differences of each business structure to decide which one is right for your company.
Limited liability protection. Managing Your Business. Flexibility in management. The DBA owner may manage the business without restriction. Ease of ownership changes. DBAs cannot make ownership changes. Perpetual existence. DBAs end upon closure of the company or the death of the owner. Ongoing formalities. There are no ongoing corporate formalities. Ability to raise capital. DBAs are not allowed to sell stock but may be able to obtain bank loans. Pass-through taxation.
Double taxation. DBAs are not taxed at the corporate level. State formation fees. Ongoing compliance fees. Depending on the state of incorporation, reports and fees may be required. There are no ongoing compliance fees. Get Started or Learn More. Are You Ready to Begin? We love to help! Biz Compare TM View and compare the different types of business structures to help you understand the benefits of each.
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