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Meydan Grandstand, 6th Floor, Nad Al Sheba 1, Dubai
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Frequently Asked Questions

We manage the complete process including trade name reservation, documentation, trade license issuance, PRO services, visa processing, and tax registration — transparently and efficiently.

Yes. We provide integrated tax management including VAT registration, VAT return filing, corporate tax registration, tax return filing, and ongoing compliance advisory.

Most company registrations take between 1 to 5 working days, depending on your business activity, jurisdiction, and licensing requirements.

Yes. We build websites, mobile apps, and run full-scale digital marketing campaigns including SEO, social media, and paid advertising.

Yes, we work with modern accounting platforms for real-time reporting and secure financial management tailored to UAE compliance standards.

We combine UAE regulatory expertise, a multi-disciplinary team, transparent pricing, and technology-driven delivery — all under one roof, with personalized client support.

Baynex Global LLC-FZ holds a Corporate Services Provider licence issued by Meydan Free Zone, Dubai. Free zone formations are handled directly. Mainland and other-jurisdiction formations are coordinated with licensed formation partners in the relevant jurisdiction.

A mainland company is licensed by the relevant emirate’s economic department and can contract directly with the UAE domestic market without restriction. A free zone company is licensed by a free zone authority and operates within that zone’s framework, typically with a simpler setup process. Which is appropriate depends on your customers, your activity and your visa requirements. We assess this before recommending a structure.

Timelines depend on the jurisdiction, the activity and whether external approvals are required. We give a realistic estimate once your activity and structure are confirmed, and we do not quote a headline figure that assumes everything goes perfectly.

Full foreign ownership is available for a wide range of activities in both free zones and, following the 2021 reforms, much of the mainland. Availability depends on the specific activity. We confirm the position for your activity before you commit to a structure.

Typically: corporate bank account application, accounting system setup, assessment of VAT registration obligations, Corporate Tax registration, and establishment cards and visas where required. We provide a compliance calendar covering these at handover.

Yes. UAE companies are required to maintain accounting records and supporting documentation, and retention obligations apply under both commercial and tax legislation. Records also underpin VAT and Corporate Tax filings.

Yes. Documents are exchanged securely and reporting is delivered digitally. Most clients do not need an on-site presence, though we can arrange periodic on-site work where volume or systems require it.

Catch-up accounting is a common engagement. We assess the gap, quote the reconstruction separately from ongoing work, and bring the records current before moving to a monthly cycle.

Approximate monthly transaction volume, number of bank accounts, whether you are VAT registered, headcount if payroll is required, current software, and the state of existing records.

We prepare financial statements and the supporting audit file. An audit opinion on those statements is issued by an independent audit firm registered with the UAE Ministry of Economy. See our audit support page.

Free Zone companies are typically required to submit audited financial statements annually. Mainland companies above certain thresholds may also require audits. Baynex can advise on your specific obligation.

A well-prepared audit for an SME typically takes 2 to 4 weeks from start to signed financial statements. Proper preparation through Baynex significantly reduces this timeline.

Yes. We provide accounting clean-up and catch-up services to organize your financial records before handing them to auditors.

Yes. We provide complete FTA audit support including records preparation, information requests, voluntary disclosure, and penalty objection assistance.

Ownership of approved deliverables transfers to the client on completion in accordance with the engagement terms. Licensed stock, music and third-party assets remain subject to their own licence terms, which we disclose.

No. We commit to a defined scope of work, an agreed measurement framework and honest reporting. Campaign performance depends on the offer, the market and the budget as well as the execution.

Certain sectors and claim types require approvals or are subject to specific advertising standards in the UAE. We flag these at the planning stage rather than after a campaign is rejected.

faq

Additional FAQs for the About Baynex group

Baynex Global LLC-FZ holds a Meydan Free Zone licence (No. 2647531.01) covering corporate services as a registered Corporate Services Provider; accounting, bookkeeping, tax consultancy and audit-related activities; and advertising, digital marketing and social media services.
No. We do not provide legal advice or legal representation. Where a matter requires legal input we recommend engaging a licensed UAE law firm.
We provide audit support. Audit opinions are issued by audit firms registered with the UAE Ministry of Economy.
No. Our financial services are accounting, tax compliance and management reporting. We do not provide investment advice, securities recommendations or wealth management.
Dubai, United Arab Emirates, licensed by Meydan Free Zone. We work with clients across the UAE and internationally.
Formation and project work is quoted as a fixed fee against a defined scope. Ongoing accounting and marketing services are retainer-based. Government charges are passed through at cost and shown separately.

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Start Your Business Journey in Dubai With Confidence

Speak with our expert consultants today for customized business setup, accounting, tax, IT, and digital marketing solutions in Dubai and across the UAE.
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Baynex Global LLC-FZ
A Dubai-based consultancy delivering business setup, accounting, tax, digital marketing, and PR services — built to help UAE businesses grow from day one.

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