AI assistant helps set up international companies in UAE – News

AI For Business

Starting a business in the UAE is becoming more complicated as demand increases, but AI is coming to the rescue.

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release date: Wednesday, July 3, 2024 1:49 PM

The UAE is becoming an increasingly popular destination for business relocation. But it comes with a downside. As demand grows, it's becoming more difficult to set up a business there. Wait times are getting longer, regulatory bodies are overwhelmed, helplines are constantly clogged with thousands of enquiries, and the cost of registration mistakes – both in time and money – is higher than ever.

The UAE market is flooded with businessmen, and entrepreneurs need to carefully prepare their application documents, learn local regulations, collect documents, and do everything perfectly on their own. If they make even one mistake, they have to reapply and start all over again.

With the demand for startup services on the rise, keeping track of all the requirements for registering a business has become an increasingly daunting task, and UPPERESTUP, an online platform launched in the UAE, aims to streamline the process.

UPPERESTUP is an AI-based platform from UPPERCASE, a veteran UAE player in traditional business consulting.

“At UPPERCASE we have been providing traditional licensing and business consulting around the world for 15 years – we know first-hand what works and what doesn't. We want to make the experience of established consulting firms accessible to everyone by packaging it into an online platform with an AI assistant. This approach will not only benefit entrepreneurs, but also boost the UAE economy as a whole. By streamlining the process of setting up a business, more companies will relocate here to take advantage of the opportunities. Making it easier paves the way for expanded economic activity and growth,” said Vitaliy Chiryassov, Founder of UPPERCASE and CEO of UPPERESTUP.

UPPERSETUP's technology aims to help entrepreneurs create a clear roadmap and set up successful businesses in the UAE. The platform uses AI and ML technology with access to UPPERCASE's knowledge base.

Through the platform, users will be able to easily set up and manage their business semi-autonomously in the UAE by following a set of clear steps. The platform provides necessary document templates, information on licensing and registration procedures, and offers a transparent and affordable fee structure.

The platform helps entrepreneurs quickly set up their businesses in the UAE and avoid common mistakes by following step-by-step instructions tailored to their specific business situations.

At the same time, UPPERSETUP's dashboard gives users a bird's-eye view of progress, industry trends and key performance indicators, and also provides access to legal, tax and accounting services – all in one place.

In addition to the “self-service” route, UPPERSETUP's marketplace connects entrepreneurs with investors, advisors and regulators. A rating and review system helps users find trustworthy business advisors, addressing the challenge of finding a reliable partner in the UAE.

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