Shuraa Business Setup Celebrates 20 Years of Empowering UAE Visionaries

Shuraa Business Setup Celebrates 20 Years of Empowering UAE Visionaries

The home-grown business incubator has supported over 35,000 successful enterpriselaunches since opening its doors in 2001

March 2021, Dubai:Shuraa Business Setup, the leading provider of company formation services in the UAE,has marked 20 years of excellence, innovation and unmatched services. The firm has been supporting local and international businesses set up a base in the UAE,and is an integral contributor towards the UAE’s economic progress.Over the past two decades it has supported promising entrepreneurs establish their ventures in the country since 2001.

The 150-member strong enterprise is dedicated towards supporting the government’s visionary mission of positioning the UAE as the growth centric economic hub of the Middle East region. Over the past 20 years, the firm has strengthened its position in the UAE with various associates, strategic partners and supporting verticals. Shuraa is devoted to assisting the local business community by leveraging its close affiliations with government bodies, includingDubai Economy, Dubai Chamber, Dubai Health Authority, Dubai Municipality, Dubai Courtsand Ministry of Labour.

Saeed Khalifa Mohammed Al Fuqaei, Founder and Chairman of Shuraa Business Setup said:“Digitisation has now streamlined most of the operational aspects,but back in 1997, documentation and other processes took up several days and sometimes, even months. At that time, Dubai was attracting a huge influx of foreign entrepreneurs and investors, given its strategic geographical location that provides easy global connectivity, and a better quality of life sought by migrants. Majority of them faced difficulties understanding the laws and procedures of this ‘unfamiliar’ land and we wanted to help simplify their company formation process. The segment was largely untapped despite the potential, hardly anyone was providing professional business consultancy services here.

Saeed pioneered the quick and hassle-free business setup service provider,and is a well-established and prominent Emirati business figure in the Middle East region.The dynamic business leader, prior to launching Shuraa, had been instrumental inguiding foreign entrepreneurs navigate through business setup formalities in the UAE.The veteran entrepreneur startedShuraa Business Setup with an aim to empower entrepreneurs logistically, enabling their businesses to flourish in a competitive economy. To meet the growing requirements of the UAE business community, Saeed gradually launched Shuraa Tax, Shura Advertising, and Shuraa Business Centres under Shuraa Group of Companies.

The pandemic affected economies around the world, including Shuraa, but the organization recovered soon, as it had already adopted coherent digital solutions.“We are witnessing an era where technology has taken a front seat. We are lucky that the Dubai rulers were quick on implementing technological reforms to build a smarter city. They have been working towards building an e-government with the application of the latest technological tools, such as blockchain and artificial intelligence, for more than a decade now. And thanks to that, many of our operations took place seamlessly during the lockdown as governmental transactions can now be done via e-channels. We must also acknowledge that the government’s promptness with introducing supportive initiatives, such as the citizenship law amendment and a promising 2021 budget of $15.8 billion, has largely comforted the local business community,”Saeed added.

Headquartered on Sheikh Zayed Road,Shuraahasin-house Department of Economic Development (DED) and Tasheel counters. The team comprises of highly experienced lawyers, certified accountants, seasoned tax consultants, well-connected public relation officers and corporate advisors with extensive knowledge of the operational framework in the UAE.

Promising entrepreneurs seeking seamless processes in a world-class infrastructure with global connectivity, can take advantage of Shuraa’sbespoke offerings which encompasstransparent company formation processes and licensing, trustworthy sponsorships and visa services, VAT and tax consultation, banking assistance, PRO services, legal assistance, and government approvals.Up-and-coming business leaders can further benefit from the firm’s value-added services, which include talent requisition and recruitment services, creative advertising and marketing services, innovative branding services and business centres and co-working office spaces.

Shahid Rather, Managing Partner of Shuraa Business Setup, said: “We have been blessed with a team that has a sense of ownership towards Shuraa. When Covid-19 had almost brought the city to a standstill, we were constantly in touch with our clients, updating them on the status of services they availed from us. Our advisors kept busy reassuring entrepreneurs who were worried about the future of their companies. We also introduced economised packages for new and small business players.”

Shahid, further shared on the firm’s adaptive capabilities to the changing market climate, “Shuraa is evolving, and not just in terms of digitisation. Considering how Covid-19 has impacted the local job scene, Shuraa is running an internship program to empower the youth.We have opened doors to fresh graduates who are with buzzing new ideas and energy. We are expanding globally as well. In addition to our existing branches in India, Bangladesh and the UK, we have offices opening up in Sweden, Israel, Germany, and Russia.”

For further information, please visit the Shuraa Business Setup website:


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