Local Trading Company Setup (LLC)Soap and Hair Care Products Trading

For setup of a local company in Dubai in the field of soap and hair care products trading, the following business activity has been chosen:

• Soap & Hair Care Products Trading (4772012). Includes reselling hair care products like shampoo, oils, lotions, tonics, whether chemically originated or from natural extracts (herbs), also, toilet and hand washing soap in bars and liquid, in addition toilet foamy soap and similar products.

The company can choose up to 10 types of business activities from the "Ready made garments" activity group within a single commercial license.

• Must not be identical or similar to local/global brands or registered trademarks
• Must not contain the names of local/international religious, political or governmental organizations
• Must not contain the names of Allah or God, or any other religious terminology
• Must not violate the UAE laws or contain words that are obscene, indecent or generally offensive
• May contain the name of a shareholder
• Must correspond to the company’s business activities

Entrepreneurs are provided with the opportunity to open a corporate account in classic banks with physical branches, as well as in digital banks and in payment systems.

When choosing a bank to open a corporate account, factors such as the level of service, fees, available currencies, convenience of online banking, the reputation of the bank and other conditions that may be important for business should be taken into account.

Successful corporate bank account opening requires a well-prepared document package, which may vary depending on the specific requirements of a particular bank.  Incorrectly or incompletely submitted documents may negatively affect the final decision of the bank in processing the application for opening a corporate bank account.