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Page 9 of 11

The first stage is the registration in the protection system, Services Access Control Manager (SACM) of goAML portal.
The second stage is the registration in the goAML system.
To open the goAML portal, you need to pass through the SACM portal by putting the username that you will obtain from the registration stage of the SACM protection system and the password from the Google Authenticator application.

SACM can be accessed at the following link: https://eservices.centralbank.ae/sacm
Click here for more information on SACM.

Authorisation letter from the institution you represent
A copy of your passport, resident VISA, Emirates ID
A copy of the commercial trade license (for companies)
Download the “Google Authenticator” application on your phone. (This application contains the password for the SACM protection system, which is a password that changes every minute)

Identify the nature of your company’s business activity
Determine the legal structure of your business
Register the trade name
Apply for initial approval
Complete local service agent agreement (LSA) or Memorandum of Association (MOA) depending on the legal form of the company
Choose your business location
Apply for additional government approvals, depending on the economic activities of your business
Submit the required documents
Pay fees and collect license
Register your company with the Chamber of Commerce and Industry, on the emirate where the business has been incorporated

An ‘initial approval’ means that the UAE Government has no objection for a business to be established in the country. It also allows the investor to proceed with the next steps to set up a business and issue the license. It does not, however, grant the authority to run the business or practice the business activity.

A Memorandum of Association (MOA) is required if the legal form of the company is a civil company, limited liability company, public shareholding company, or private shareholding company. A local service agent agreement (LSA) is required if it is a sole proprietorship.

Ministry of Interior approval: General transport, driving schools, fire equipment, alarm and safety systems, used-car dealers, used auto-parts, car rental
Ministry of Justice approval: Legal activities and legal consultancy services
Local municipal department approval: Architectural and engineering activities
Telecommunications and Digital Government Regulatory Authority (TDRA) approval: Telecommunications activities
Executive Council approval: Travel and tourism, general services, charter trading, ship and maritime agencies, car clubs, charter air transport and foreign company branches
Ministry of Economy approval: Insurance activities and insurance consultancy
Local health departments approval: Health-related activities
Supreme Petroleum Council approval: Onshore and offshore gas and oil-field services and onshore and offshore oil drilling operations

Receipt of the initial approval and all previously submitted documents
Copy of the lease contract duly attested
Duly attested memorandum of association, as may be required
Approvals from other government entities concerned, as may be required

Customers can collect the business license from service centres of the economic departments or through their websites.

Through the Department of Economic Development via its website.

The trade name must have abbreviations of the legal structure of the company as suffix (for example LLC)
The trade name should not contain inappropriate words and should not be against public discretion
The trade name must be compatible with economic activities
The trade name must not contain the names of rulers, government agencies, or the names and logos of external government bodies
The trade name must not be registered by another company
The trade name and trademark must be approved by the Department of Economic Development and the Ministry of Economy, respectively
Trade name certificates are subject to renewal

Sole establishment
GCC company branch
Civil company
Local company branch
Limited liability company
Holding company
Foreign company’s representative office
Public joint stock company
Private joint stock company

Fast and easy business setup procedures
100% repatriation of capital and profits
100% foreign ownership
Modern and sophisticated infrastructure
Easy access to regional and global markets
Independent laws and regulations
100% exemption from customs duty
100% exemption from corporate, income taxes

Please click the link to explore free zones in the United Arab Emirates https://www.moec.gov.ae/en/free-zones

Determine the nature of your business activity
Determine your business legal structure
Register the trade name
Choose a business space for your company in one of the UAE free zones
Registration and payment of fees

Educational
Industrial
Consultancy/Services
Commercial/Trade
Freelance
Offshore
eCommerce
Media
Innovation
Manufacturing
Warehousing
Others

Free Zone Limited Liability Company (FZ LLC)
Free Zone Company (FZ Co.)
Free Zone Establishment (FZE)

Completed application form
Business plan
Copy of existing trade license/registration certificate (if applicable)
Coloured passport copies of the company’s shareholders, appointed manager
Registry Identification Code Form (RIC) for appointed manager (original and notarised)
Specimen signature of the company’s shareholders, appointed manager
Unit title deed
Letter of Intent
2 years audited financial reports for corporate entity or certificate of reference from a personal bank of the individual shareholder

Completed application form for registration
Board Resolution appointing Manager/Director (notarised and attested)
Power of Attorney given to Manager/Director (notarised and attested)
Memorandum and Articles of Association (notarised and attested)
Specimen signature of Manager/Director (notarised and attested)
Passport-size photo of Manager/Director in white background
Share capital information

This is one of the series of laws adopted by the UAE to comply with the rules of the World Trade Organization. The importance of this Law is that it provides the legal framework for the protection of the UAE industries, while keeping in line with the rules of the World Trade Organization.