Purchase of ready business in UAE has many advantages:
1. Acquisition of a positive credit history provides additional advantages if the buyer is planning to raise financing for his projects.
2.Longtime companies have a developed network of clients and suppliers which ensures sooner generation of revenues.
3.Companies with licenses dated several years back produce an image of a stable, reliable and long-run perspective businesses.
4.Ready-to-use office and a well-established infrastructure will save you the time that networking and business development generally take.
5.Avoidance of bureaucratic delays faced by new businesses while obtaining residence visas for investors and employees.
6.It is always possible to change or expand the activities listed in the license while preserving the initial company registration date.
We have many years of experience dealing with the acquisition of ready businesses and re-registration of companies. We will help you to buy a local company or a company in any free economic zones of UAE, depending on the envisaged activity.
There are several important aspects that need to be considered in the event of company acquisition:
1.Due diligence of the audited financials compulsory in most of the free zones in UAE to ensure the absence of debts and liabilities towards any local or international government or financial institution. Accordingly, it is highly recommended to ascertain that the previous shareholder’s bank account has been closed.
2.The company must provide proof of the absence of any sanctions and legal claims against the company, as well as clearance certificates from utility and service providers.
3.Appraisal of the inventories of the acquired enterprise.
Our professional team makes sure the proposed objects for sale are thoroughly checked before the client closes the deal. We will provide you with all the necessary reports that will help to form an opinion about the state of the company at the time of purchase.
