What is Halal Certification?

Islam prescribes certain guidelines for its believers to follow. This applies to all facets of life- be it dietary, cosmetics, Islamic finance and interestingly even tourism. Yes, we are talking about ‘halal’. While these may be confusing for the non-Muslims to follow, the basic idea is that it serves to bond followers together as part of a cohesive group and establish a unique identity. The term ‘halal’ means permissible and it refers to all aspects of life being covered by Islam and Islamic principles.

 

In MENA, the United Arab Emirates is already taken steps to inspect both UAE made and imported food products, meat, cosmetics and pharmaceuticals to ensure they are halal. The UAE food standards authority in an effort to standardise halal certification in the country launched the ‘Halal National Mark’ that has to be carried out on the product, service or production system declared as Halal, with all products facing a testing regime designed by the Emirates Authority for Standardization & Metrology (ESMA). Studies show that halal food comprises of one-fifth of the global food market and is growing at seven per cent per annum. According to the latest research by research firm Markets and Markets, the market for halal food certification is projected to grow to $14.5 billion by 2019 and this is from a stupendous $10.7 billion in 2013. The factors mentioned here have become solid mandatory reasons to push your products or services under halal accreditation.

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So what is Halal Certification?

Halal certification is getting certified as per the Islamic guidelines followed within the Muslim countries. The market today has several halal certification companies who cater to fulfil the requirements. It ensures the features and quality of the products fall in line with the rules established by the Islamic council that allows the use of the mark Halal, mostly applied to meat products and other food products such as milk, canned food and additives. Halal requires that the animals are slaughtered in a single cut by a devout Muslim who should pray before the slaughter, ensure that the blood is completely drained off and such meat should not come in contact with animals that have been slaughtered the normal way. Products that are halal certified come marked with a specific halal symbol.

 

By approaching a halal consultant you get to:

*Access the growing market of Halal food products

*Create a unique stand by putting the national halal mark on the halal product thereby qualifying as a halal product to be sold within the UAE market

*Authenticity and safety of the product are not questioned.

 

Halal certification aims to serve the national and international Muslim communities in meeting their religious compliance. Understanding that halal services in the food industry cannot be ignored and that Halal is for everyone, UAE authorities set up the Halal Certification scheme and the Halal Accreditation Forum in 2016 to supervise and accredit halal certification bodies for food. Additionally, the emirate also hosts the annual Halal Expo Dubai, the largest regional business to business sharia-compliant products event- the 10th edition was the latest, held on 29th,30th Oct 2018.

 

All this effort goes to prove that Halal is the ultimate stamp of purity and safety guaranteeing superior quality products.

RAK Company Formation Tips

Running your own business is a very exciting thing especially if you are owing a venture in the praiseworthy country like UAE where tax free life and

Ras Al Khaimah is one of the seven emirates in the UAE, along with Dubai and Abu Dhabi. As one of the country’s fastest-growing emirates, Ras Al Khaimah has a domestic economy that has expanded nearly 8 per cent over the past few years.

There a number of benefits that investors find in this zone. Below is the list of the advantages that it offers, making the business owners want to establish their organization in this location:

100% foreign ownership

Unlike in the mainlands in UAE, RAK UAE free zone does not need you to obtain a local sponsor, who will have 51% of your business’ shares, in order to start establishing a company. This is one of the best advantages of being in a free zone, and investors find this definitely helps.

Location

RAK is located at the crossroad of trade between East and West. It is easily positioned with an access to markets in the Middle East, Africa, and others.

Tax exemption

It is well known to everyone in the UAE that we have a value-added tax (VAT) implementation that came into effect at the start of 2018. Some goods and services have VAT applied to them. On the other hand, although this happened, corporate and income taxes are still not mandated by the government to be paid. This is an advantage for business owners who are looking for this kind of tax exemption.

Besides the ones listed above, there are a lot more that RAK international company RAK international company incorporation has to offer to investors. The following additional benefits are listed below for you to see:

  • Fast and efficient business set-up and support services
  • Fast-track UAE visa issuance
  • A wide range of real estate facilities to suit your individual business needs
  • Choice of free zone or non-free zone
  • Low cost of business set-up and operations
  • Ease of doing business
  • 100% tax exemptions (no corporate or personal taxes)
  • 100% foreign ownership in free zone companies
  • 100% repatriation of capital and profits
  • A 45-minute drive from Dubai
  • Easy access to strategic markets in the MENA Region
  • 31% of world’s population in the 4-hour flying radius
  • Proximity to express highways, seaports and airports

BUSINESS ACTIVITIES


Before going forward to setting up a company, one should be aware of the choice of business is allowed to be conducted in a certain free zone. There are a lot of activities allowed in RAK.

  • Manufacturing
  • Processing
  • Assembling
  • Packaging
  • Import
  • Export
  • Distribution
  • Warehousing
  • Trading
  • General Trading
  • Contracting
  • Repairing
  • Maintenance
  • Renting
  • Shops
  • Restaurants
  • Business
  • Media and communication services

More activities can also be confirmed by your consultant.

SUPPORT SERVICE


MAF Consulting Middle East is one of the leading consulting companies in the UAE. We are capable of giving clients the information they need, such as RAK free zone flexi desk cost and RAK free zone virtual office based on what they need.

The following below is a list of services that we can provide when you let us work with you:

  • Applying and following up on behalf of the client until the collection of the Certificate of Business Registration (Trade License)
  • Representing the client in front of the authorities
  • Assisting the client in bank account opening
  • Assisting the client in account opening with the Ministry of Labour
  • Assisting the client in account opening with the UAE immigration
  • Assisting the client in leasing a premise as an address for the business

TIMELINE/PROCEDURE


The procedure of processing your RAKIA Free Zone company formation will range from 2 to 4 weeks.

REQUIREMENTS


Requirements for RAKIA free zone company registration

  • Proof of tradename reservation (our firm’s task)
  • Proof of initial approval for the activities (our firm’s task)
  • Passport copies of the shareholders
  • Passport copy and CV (resume) of the manager
  • Personal information sheet of each shareholder and manager (template will be forwarded by our firm)
  • Lease agreement (documents)—having a physical address for your business/office is mandatory in the UAE. The rent on average within the free zone area is USD 25 up to USD 45 per sq. ft. (USD 225 up to USD 400 per sq. m.). Our firm can assist you while searching for your physical address. You can learn more about leasing and rental cost here. (This item will be required only after we obtain the initial approval from the authority.)
  • Notarized and attested Power of Attorney appointing our firm as your legal representative, so that we can act on your behalf and/or on behalf of the shareholders (template will be forwarded by our firm).
  • There are some activities which might require third-party/authority pre-approval—accordingly, additional cost and professional fees might be applicable.
  • Also during the process, the authorities might require a few other documents.

Additional Documents Required for a Corporate Shareholder

  • Attested and notarized Memorandum of Association/Article of Association—it must be attested from the UAE Embassy at the place of origin
  • Board resolution must be resolute by the board of directors of your existing company/entity at the place of origin expressing the intent of establishing a new setup abroad. It must be attested and notarized by the UAE Embassy (template will be forwarded by our firm).
  • Certificate of registration (if applicable) of your existing company/entity, license, or certificate of incorporation must be attested and notarized by the UAE Embassy

 

What is RAK???

Ras al-Khaimah (alternatively Ra’sal-Khaymah or Ras el-Kheima; Arabic: رأس الخيمة‎; IPA: [raʔs alˈxajma]) is one of the seven emirates that make up the United Arab Emirates (UAE). The current statehood is the result of the 1909 appanage from Sharjah. Its name could be taken to mean “headland of the small huts”, which can be attributed to the indigenous buildings that existed along the coast. The emirate is in the northern part of the UAE, bordering Oman’s exclave of Musandam. It covers an area of 1,684 km2 (650 sq mi). The capital city and home of most residents is also called Ras Al Khaimah. The emirate had a population of 210,063 at the 2005 Census, of which 41.82 percent or 87,848 were Emirati citizens. Latest estimates put the total population at between 250,000 and 300,000. Locals accounted for 97,529 in the population estimate for 2010.

Located in the Northern part of the UAE, Ras Al Khaimah is an up and coming holiday destination boasting traditional culture, sandy beaches and a wealth of activities to keep you entertained in its year-round sun. RAK does have its own airport, but I flew into Dubai International Airport via Emirate Airlines and had a driver pick me up and take me to my hotel, 45 minutes away.

The UAE culture mainly revolves around the religion of Islam and traditional Arab culture. The influence of Islamic and Arab culture on its architecture, music, attire, cuisine and lifestyle are very prominent as well. Five times every day, Muslims are called to prayer from the minarets of mosques which are scattered around the country. Since 2006, the weekend has been Friday-Saturday, as a compromise between Friday’s holiness to Muslims and the Western weekend of Saturday-Sunday. It should be noted however that a great majority of the population are non national citizens, coming from India, Pakistan, and a wide range of nations.

 

Few Interesting things that you can see only in Dubai

There are few interesting things that can be seen only in Dubai

  1. Most elevated tennis court in the world, Dubai even goes as far as taking their recreational sporting to extremes. My question is where do the spectators sit? On individual helicopters? Safe to say not many players will be making dives into the ‘stands.
  2.  Even the cops in Dubai ride in style. With this Lamborghini police vehicle, one can only imagine that car chases in this city would look like something straight out of a Fast & Furious film. This makes sense since the average ride in Dubai is a Porsche.
  3. Don’t let the lack of snow make you think you can’t hit the slopes in Dubai. Ski Dubai, an indoor ski resort, is 22,500 square meters and is located in the Mall of the Emirates. So you can hit the sand dunes and some rowdy slopes as well!
  4. Looking for a taxi? Why not try a helicopter Uber, or hire a chauffeur and ride around town in a Rolls Royce. If you prefer to drive yourself, rent a luxury car like a Ferrari. Just be careful not to speed, as the Dubai police will catch you with one of their luxury sports cars, including, Lamborghini, McLaren and Bugatti.

  5. The Hydropolis Underwater Hotel and Resort was a proposed mega-project that actually sunk a few years ago. It was envisioned to have 220 luxurious suits 65 feet under the sea, with a goal of being the world’s first 10 star hotel. In the meantime, the Atlantis hotel in The Palm, Dubai offers Poseidon and Neptune suites set in an aquarium for those who want to feel like they’re staying beneath the ocean surface.
  6.  Ever wondered what it would be like to cuddle a cheetah or take a tiger for a walk? In Dubai it is still legal to own exotic animals. If buying a big cat doesn’t tickle your fancy, you can always visit the exotic pets that have been donated to the zoos across the UAE.
  7. Rent a boat and go scuba diving off of the UAE’s coast where you can swim with wild dolphins, turtles and reef sharks. But if you don’t have a scuba license, the Dubai Mall is home to the largest aquarium in the world and offers diving experiences in its shark-infested waters.

Why is Dubai a top Global Business Hub?

Dubai, also referred to as the City of Gold has earned for itself the reputation of being a world class travel and entertainment destination for globetrotters across the world, providing endless list of places to be and things to see and experience. Apart from being a centre of tourist attraction, it is also a top ranked global business hub. What makes Dubai a destination for world’s top business conglomerates? Ever wondered about that? Below are few points which give a satisfactory explanation to the question posed.

  • According to Nick Maclean, managing director of CB Richard Ellis Middle East, “Dubai has a relatively balanced tenant mix and over the past 10 years the city has been designed and constructed with the specific intention of attracting major international firms from a broad range of sectors”.
  • Growth in business and financial services, tourism, trade logistics, setting up of multiple free zones has helped in achieving Dubai’s image as an emerging global hub. The free zones were set up with the intention of attracting foreign investors, offering a plethora of advantages and benefits like excellent infrastructure and transport facilities at cheap rates, tax exemption, 100 percent foreign ownership etc.
  • Dubai’s strategic location is one of the key factors which has maneuvered its way to become a top ranked global business hub. Located between the Europe and far east, it is the epicentre of business activity for the European, North American, African and Asian markets.
  • The government’s policies and tax schemes are as such to encourage company formation in Dubai. It offers a very hospitable environment for businesses of all types, with transparent business regulations, simplified procedures for getting a permit and license etc. Dubai is home to more than 20,000 international companies, including offices from 124 of the Fortune 500 companies.
  • A large number of universities and research centers are being set up for technological, scientific and educational purpose. Special attention is being given on developing and improving healthcare, research and development and industrial facilities.
  • The Dubai Chamber of Commerce & Industry and the Department of Tourism and Commerce Marketing established the Dubai Association Centre, to help associations and trade bodies to establish themselves in Dubai. It allows professionals working in the common industry to form a member based association, given that they are registered in the Emirate.
  • Due to the large influx of tourists and business travellers, the hospitality sector is among the leading ones in Dubai, that contributes towards its economy. The city is home to some of the best hotels in the world like the Burj Al Arab and The Atlantis.

 

Which UAE Freezone is best for you in 2018???

Yes, this question lies deep in the heart of every Businessmen and This is what most entrepreneurs will ask themselves. And for a good reason.While free zones have their own advantages and packages, some in the UAE are better than othersat catering to specific industries.Its a fact that every freezone differs from each freezones are designed specifically for each sector. Now here are best reasons why one should always consider UAE Freezones. Further on you may find your solution on which freezone is best for you

Top 10 Advantages of UAE Freezones:

  1. 100 per cent foreign national ownership of firms
  2. Less Documentation to all the foreign investors
  3. Full Ownership in free transfer of the funds
  4. High and speedy Mode of incorporation
  5. Easy availability of all other facilities
  6. Foreign investors friendly options
  7. Cheap work force processes
  8. Long-term leasing options
  9. More safe and reliable
  10. Tax Exemptions

Trade and Logistics: Are you in trade and logistics industry then JAFZA is the best for you as it is one of the oldest and largest free zone in the UAE as well as the Middle East and North Africa and a busy hub for trade and logistics. This free zone is linked to the new Al Maktoum Airport and will be connected with Etihad Rail in future, allowing ease of cargo transport across the UAE, Saudi Arabia and Oman.

Media and IT: If you are planning to venture an software company in Dubai then this DIC is the best as its now  one of the most emerging platform in today’s world. Dubai Internet City is a miraculous hub for every IT Companies including Microsoft, IBM, Cisco, Siemens, Oracle and Hewlett-Packard.

Finance: If you are planning to run a financial company in UAE then DIFC or Dubai International Financial Centre, is the best. It is located along the Sheikh Zayed Road Highway. DIFC mainly projects on banking services, investment and capital markets, insurance, Islamic finance and several other professional financial services.

Commercial: If you are having an commercial business then Fujairah is the best. fujairah free zone is also home to the second largest bunkering sea port in the world and it also promotes creative industries like media, entertainment and design as well.

Affordability: If your income is low but want to run any kind of prestigious business then RAK is the best .. Thinking how??? In fact, rak company formation offers many incentives and benefits that might be more attractive than its Dubai or Abu Dhabi counterparts, promising a 25 percent savings on business operations and that is why RAK is probably the best and widely Profitable compared with all other Freezones in UAE .Established in 2000, RAK FTZ hosts more than 8,600 companies that represent over 50 industry sectors.

Generally Speaking all freezones have their own  features which is specifically designed for each sections unlike the RAK Freezone which is a good option for those who is having low budget and need luxurious office space for their new venture.

Now watch on  What makes Free Zones in UAE a brilliant choice for entrepreneurship???