Trusted UAE Business Setup Firm

From Vision to Reality: Stress-Free Business Setup in UAE with Prodigy The United Arab Emirates has become one of the most attractive destinations for entrepreneurs and investors worldwide. With its strategic location, tax benefits, world-class infrastructure, and thriving economy, the UAE offers countless opportunities for business growth. But while the possibilities are endless, the process of business setup in the UAE can feel overwhelming—especially for first-time investors. That’s where Prodigy Corporate Services steps in. We transform your vision into reality by simplifying every step of company formation, from licensing to PRO services, so you can focus on what matters most: growing your business. Why Choose the UAE for Your Business Setup? Before we dive into how Prodigy helps, let’s look at why the UAE is such a hotspot for entrepreneurs: Strategic Location: A gateway between Asia, Europe, and Africa. Diverse Business Opportunities: Covering industries from real estate to technology. Tax Benefits: 0% personal income tax and attractive corporate tax policies. Strong Economy: Consistent GDP growth and global trade hub status. Ease of Doing Business: Investor-friendly laws and quick registration processes. With so many benefits, it’s no wonder thousands of entrepreneurs choose Dubai and the UAE to establish their companies each year. The Challenges of Business Setup in UAE Despite its advantages, setting up a company in Dubai or the wider UAE isn’t always straightforward. Entrepreneurs often face: Complicated paperwork and documentation. Choosing between Mainland, Freezone, or Offshore setups. Licensing requirements that vary by sector. Visa and immigration processes for employees. Ongoing government approvals and renewals. Without expert guidance, these hurdles can delay your launch and increase costs. How Prodigy Simplifies Business Setup   At Prodigy Corporate Services, we pride ourselves on making the process stress-free and transparent. Our team of experts ensures your company is set up correctly, legally, and efficiently. Here’s how we help: 1. Personalized Consultation We begin by understanding your vision, budget, and business goals. Based on that, we recommend whether a Mainland, Freezone, or Offshore setup best suits your needs. 2. Company Formation & Licensing From trade name registration to securing the right business license, Prodigy handles the entire process while keeping you updated at every step. 3. PRO & Government Services Our dedicated PRO team manages all approvals, visas, and government interactions on your behalf—saving you time and effort. 4. Bank Account Assistance We assist in opening a corporate bank account with trusted UAE banks, ensuring smooth financial operations from day one. 5. Post-Setup Support Unlike many agencies, our support doesn’t end after registration. Prodigy provides ongoing compliance, renewal, and advisory services to keep your business thriving. Benefits of Choosing Prodigy Corporate Services   Expertise in UAE Laws & Regulations Transparent Process with No Hidden Fees End-to-End Support from Start to Growth Tailored Solutions for Every Industry Trusted by Entrepreneurs Across the UAE With Prodigy, you don’t just set up a business—you build a foundation for long-term success. Getting Started

January 19, 2024 UAE Launches New Dirham Symbol Blending Heritage and Progress The United Arab Emirates has officially unveiled a new symbol for its national currency, the dirham, marking a historic milestone in the country’s financial and cultural evolution. The new design reflects the UAE’s deep-rooted heritage, modern aspirations, and commitment to strengthening its global economic presence.   Design, Symbolism & Cultural Roots The new dirham symbol is inspired by the Latin letter “D” for “Dirham,” enhanced with two parallel horizontal lines representing financial stability, trust, and balance. These lines also subtly reflect the UAE flag, reinforcing themes of unity and national pride. The design draws from traditional Arabic calligraphy, particularly the Thuluth and Diwani styles, known for their elegance, symmetry, and cultural prestige. The combination of flowing curves and precise edges gives the symbol both a modern appeal and a timeless authority, making it suitable for official, commercial, and digital use. Digital Variant: Security & Modernity For the digital realm, the UAE has created a variant of the symbol enclosed within a circular ring. The circle incorporates the UAE flag’s colors, symbolizing continuity, inclusivity, and a seamless integration between the nation’s physical and digital economies. The circular frame also resembles a digital token, perfectly aligning with the country’s vision for the upcoming Digital Dirham. Strategic Timing & Global Ambitions The introduction of this symbol comes at a strategic moment as the UAE strengthens its role in global finance. It reflects the country’s dedication to transparent, ethical, and forward-thinking economic practices, sending a clear signal to international markets about the dirham’s credibility and stability. Digital Dirham: The Next Evolution The new symbol paves the way for the UAE’s Digital Dirham, set for launch by the end of 2025 as part of the nation’s Financial Infrastructure Transformation programme. Built on blockchain technology, the Digital Dirham will enable advanced features such as asset tokenization, smart contracts, and enhanced transaction security. The shared visual identity between the physical and digital currency will ensure consistency and recognizability worldwide. Implications for Everyday Life & Business Once fully integrated, the new symbol will appear across a wide range of applications, including: Price tags, receipts, and banking documents Digital payment platforms and e-commerce sites Accounting systems and global trading platforms This standardization will streamline financial communication, strengthen brand recognition for the dirham, and project a unified national image in both local and global contexts. Conclusion The UAE’s unveiling of the new dirham symbol is more than a design change—it is a statement of identity, strength, and readiness for the future. It bridges the nation’s rich heritage with its ambitious vision for a technologically advanced economy. As the Digital Dirham approaches its launch, the symbol will stand as a lasting emblem of the UAE’s evolution, uniting tradition with innovation. Getting Started

January 19, 2024 How to Set Up a Business in the UAE: A Step-by-Step Guide for International Entrepreneurs The United Arab Emirates has become a global business magnet, attracting investors, entrepreneurs, and corporations from across the world. With its tax advantages, world-class infrastructure, and strategic location between Europe, Asia, and Africa, setting up a company in the UAE has never been more appealing. Whether you’re a startup founder or an established business owner, here’s a step-by-step guide to launching your business in the UAE. Step 1: Choose Your Business Activity The first step is defining your core business activity. The UAE allows a wide range of business types, from e-commerce and consulting to logistics, manufacturing, and tech startups. Your choice will determine the type of license you’ll need. Tip: Prodigy Group helps you identify the most profitable and compliant business activities based on your goals. Step 2: Select the Right Jurisdiction You can register your business in one of three jurisdictions: Mainland: Offers full access to the UAE market and allows business anywhere in the country. Free Zone: 100% foreign ownership, no customs duty, and ideal for trading internationally. Offshore: Best for holding companies, international trade, and asset protection. Need help choosing? Our consultants at Prodigy Group will guide you toward the best option based on your business model and expansion goals. Step 3: Choose a Company Structure Popular company types include: Limited Liability Company (LLC) Sole Proprietorship Branch of a Foreign Company Free Zone Company (FZC or FZE) Each structure has its own rules for ownership, liability, and taxes. Step 4: Register the Trade Name Your business name must be unique and comply with UAE naming regulations. It should not include any offensive or religious references. We handle trade name approvals and ensure your name is legally protected. Step 5: Apply for a Business License Your license depends on your business activity: Commercial License for trading activities Professional License for consultancy or services Industrial License for manufacturing At Prodigy Group, we process all license applications efficiently and transparently. Step 6: Find an Office Space A physical or virtual office address is mandatory for company registration. Choose from premium business centers in Dubai and other emirates Virtual office options available for startups and remote entrepreneurs Prodigy Group offers plug-and-play office spaces with flexible leasing terms. Step 7: Obtain Approvals and Visas Depending on your business type, you may need external approvals from specific government departments. You’ll also need: UAE residence visa Emirates ID Corporate bank account setup Prodigy Group simplifies this process by coordinating with relevant authorities. Step 8: Open a Corporate Bank Account After licensing and visa approvals, we help you choose the right banking partner and handle the paperwork to open your business account. Getting Started