PanaceaBiz

About PanaceaBiz

Operating from an office in Burjuman, this Dubai consultancy handles company set-up in the mainland, in the free zones and offshore, and presents itself as a one-stop provider for formation, banking and business support. It sets out the main licence types for trading, professional and industrial activities, the free zones of several emirates and the offshore routes, and it helps clients choose based on market access and visa needs. Services include immigration and PRO work, residence and Golden Visa applications for investors and entrepreneurs, corporate bank account opening, trade name and trademark registration, Ejari tenancy contracts and insurance services. Once a company is licensed, the firm offers accounting and bookkeeping to keep records accurate and compliant, and tax-related support for new businesses. It says clients can start their UAE business from anywhere. The firm presents its services in English.

Services of PanaceaBiz

Formation services cover mainland, free zone and offshore companies, trade name reservation, licence selection, trademark and product registration, Ejari services and insurance services. Visa services cover investor, employee and Golden Visa applications with PRO and immigration support. Accounting and bookkeeping services help keep records accurate and compliant. The firm also assists with corporate bank account opening and general business support after incorporation.

• Company formation
• Accounting and bookkeeping
• Tax compliance
• Bank account assistance
• Residency and visas

Not listed: VAT, payroll, audit, corporate secretarial, virtual office.

Clients and sectors

Entity types it handles: Mainland company, Free zone company and Offshore company.