Ibgme.com Review

Based on checking the website ibgme.com, it appears to be a legitimate business consultancy service specializing in company setup, visa services, and related business solutions in the UAE.

The website provides a good amount of information about their services, process, and client testimonials.

However, as with any online service, a thorough review is crucial.

Here’s an overall review summary:

• Service Offering: Business setup, company liquidation, feasibility studies, financial planning, license services, visa services, accounting & bookkeeping in the UAE.
• Target Market: Individuals and businesses looking to establish or manage operations in the UAE.
• Credibility Indicators: 9+ years of experience, 3,500+ companies setup, 5,000+ happy customers as stated on their homepage, client testimonials, clear contact information, physical office address in Dubai.
• Customer Support: Advertised 24/7 reliable customer service, dedicated success managers, multi-lingual support 16+ languages.
• Transparency: Provides information on UAE legal system, taxation, and FAQs about business setup.
• Potential Concerns: Some internal links on the homepage like FAQ questions use javascript:void0 which doesn’t directly navigate to separate pages, potentially making the experience less fluid for detailed inquiry. The “Sign In” link also uses `/

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

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The website aims to be your trusted service provider, building long-term business relationships.

They offer a range of services from pre-business research to managing existing companies, citizenship, and immigration assistance.

Their stated commitment to transparency, efficiency, and customer satisfaction is highlighted through features like progress monitoring, dedicated success managers, and diverse language support.

For those considering business ventures or immigration to the UAE, a service like ibgme.com could be a viable option, but always proceed with due diligence.

Best Ethical Business Consultancy Alternatives

For individuals and businesses seeking ethical, Sharia-compliant business consultancy and financial planning services, especially those looking to navigate international markets like the UAE, here are some highly reputable alternatives that prioritize legitimate and ethical business practices:

• Islamic Finance Gateway IFG

  • Key Features: A comprehensive platform for Islamic finance knowledge, news, and services. Offers resources on Sharia-compliant investments, financial advisory, and business ethics. While not a direct “company setup” service, it’s invaluable for understanding the framework of ethical business.
  • Average Price: Primarily information and networking. some premium resources or events might have a fee.
  • Pros: Deep expertise in Islamic finance. extensive network. up-to-date information on Sharia compliance. global reach.
  • Cons: Not a direct business setup facilitator. more focused on knowledge and networking.

• Wahed Invest

  • Key Features: A global halal investment platform offering diversified portfolios managed according to Islamic principles. While primarily an investment platform, their commitment to ethical finance makes them a strong partner for businesses seeking Sharia-compliant financial management and growth.
  • Average Price: Fees vary based on assets under management typically 0.49% to 0.99% annually.
  • Pros: Fully Sharia-compliant. accessible platform. diversified investment options. global presence.
  • Cons: Focus is on investment management, not direct business setup.

• AlHuda Centre of Islamic Banking and Economics

  • Key Features: Provides training, advisory, and research in Islamic finance and economics. They can assist businesses in understanding and implementing Sharia-compliant practices, offering consulting services for financial structuring and ethical operations.
  • Average Price: Varies significantly based on consultancy scope and training programs.
  • Pros: Specialized in Islamic finance. reputable training and advisory services. supports ethical business development.
  • Cons: More academic and advisory focused. might require additional partners for direct setup logistics.

• Dubai International Financial Centre DIFC Resources

  • Key Features: While not a consultancy firm, the DIFC is a leading financial hub in Dubai that offers comprehensive resources and a regulatory framework for businesses. Their official website provides detailed guides and access to reputable, licensed service providers within a Sharia-compliant environment.
  • Average Price: Varies based on selected service providers and licensing fees within DIFC.
  • Pros: Highly regulated and reputable. strong legal framework. access to a network of legitimate business service providers. fosters an ethical business environment.
  • Cons: Requires direct engagement with various entities. not a single “one-stop-shop” consultant.

• Bayzat

  • Key Features: An HR, payroll, and insurance platform primarily serving the UAE market. While not a business setup consultant directly, Bayzat can be an essential partner for managing employee benefits, payroll, and compliance post-setup, ensuring ethical treatment of employees and adherence to local regulations.
  • Average Price: Subscription-based, varies by company size and services utilized.
  • Pros: Streamlines HR and payroll. helps ensure compliance. supports employee well-being. reliable for UAE operations.
  • Cons: Not involved in initial business setup or legal advisory.

• Clarity Law International

  • Key Features: A legal consultancy with a focus on business and corporate law in the Middle East, including the UAE. They can provide essential legal guidance for business setup, ensuring compliance with local laws, which often align with ethical business practices.
  • Average Price: Based on legal consultation hours or project scope.
  • Pros: Specialized legal expertise. critical for compliance and risk mitigation. reputable.
  • Cons: Primarily legal advisory, not a full-service business setup solution.

• ServiceMarket

  • Key Features: An online marketplace for business services in the UAE, including company formation, accounting, and HR services. It allows users to compare quotes from various local providers, offering flexibility and transparency in selecting ethical and reliable partners.
  • Average Price: Varies widely as it’s a marketplace. quotes depend on chosen providers.
  • Pros: Easy comparison of services. access to multiple local providers. potential for cost savings.
  • Cons: Quality of providers can vary. due diligence still required for each selected service provider.

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Ibgme.com Review & First Look

Based on looking at the website ibgme.com, the platform presents itself as a robust and experienced business consultancy aimed at facilitating company setup and management in the United Arab Emirates UAE. The initial impression is one of professionalism and clarity, with a strong emphasis on their reported track record and customer satisfaction.

The site’s layout is clean, offering immediate calls to action like “Start Your Business in UAE From Anywhere” and “Calculate Setup Cost,” which are designed to capture immediate user interest.

The homepage proudly displays statistics such as “3,500+ Companies Setup,” “5,000+ Happy Customers,” and “9+ Years of Experience.” These figures, if accurate and verifiable, provide a strong indicator of established presence and operational scale. From a user experience perspective, the site is generally easy to navigate, with services categorized logically. However, some minor technical oversights, such as internal FAQ links using javascript:void0 instead of direct anchors, slightly detract from the otherwise smooth user journey. For instance, a user clicking on “What are the benefits of setting up a business in the UAE?” expects to navigate to a dedicated section or have the answer appear instantly, not to see an unresponsive link. Similarly, the “Sign In” link being a placeholder /# suggests that either user accounts are not a primary feature for general visitors or that this functionality is not fully implemented for public access.

Overall, ibgme.com attempts to convey a sense of reliability and expertise, positioning itself as a comprehensive solution for entrepreneurs and businesses looking to tap into the UAE market.

The focus on direct support through “24/7 Reliable Customer Service” and “Dedicated Success Managers” further strengthens their claim of client-centric service delivery, which is a critical factor for businesses navigating complex international regulations.

Key Aspects of Ibgme.com’s Initial Presentation

• First Impressions and Design: The site features a modern, clean design with clear calls to action. The use of large, bold statistics immediately conveys scale and experience.
• Ease of Navigation: Services are well-categorized, making it easy for users to find what they’re looking for, though some internal links could be improved for seamless navigation.
• Claimed Achievements: Prominently displays “3,500+ Companies Setup,” “5,000+ Happy Customers,” and “9+ Years of Experience,” aiming to build trust.
• Accessibility of Information: Key information on services, legal aspects UAE legal system, taxation, and FAQs are readily available on the homepage, offering a good overview.
• Customer Support Promises: Highlights dedicated customer service, multi-lingual support, and dedicated success managers, which are attractive features for international clients.

What Makes a Legitimate Business Consultancy Website?

A legitimate business consultancy website typically showcases a few critical elements that build trust and demonstrate credibility. These include:

• Transparent Contact Information: A physical address, phone number, and professional email address are non-negotiable. Ibgme.com provides an office address in London and Dubai, along with an email and phone number, which is a good sign.
• Clear Service Descriptions: Detailed explanations of what services are offered, how they are delivered, and what clients can expect. Ibgme.com lists services like “Business Setup,” “Company Liquidation,” “Visa Services,” and more, each with a brief description.
• Proof of Expertise and Experience: This often comes in the form of client testimonials, case studies, awards, or affiliations with reputable organizations. Ibgme.com heavily features client testimonials.
• Legal Disclaimers and Privacy Policy: Essential for transparency regarding data handling and service limitations. While not prominently linked on the homepage snippet provided, these should ideally be easily accessible.
• Secure Website HTTPS: Ensures data exchanged between the user and the site is encrypted. This is standard for any legitimate online presence.
• Active Blog or News Section: Demonstrates ongoing engagement with the industry and provides valuable information, positioning the company as a thought leader. Ibgme.com has a blog-like section with articles on “Before You Start A Business” and “Start A Business.”

How to Evaluate Ibgme.com’s Credibility

Evaluating ibgme.com’s credibility involves going beyond the surface.

While the website presents itself well, an in-depth review would require examining:

• Verification of Claims: Are the “3,500+ companies setup” and “5,000+ happy customers” claims verifiable? This would involve checking independent reviews or industry reports if available.
• Client Testimonials: While testimonials are present, verifying their authenticity can be challenging. Look for specifics in testimonials rather than generic praise. Ibgme.com provides names and company affiliations, which adds a layer of credibility compared to anonymous reviews.
• Industry Affiliations and Licenses: Does IBG have verifiable affiliations with relevant regulatory bodies or industry associations in the UAE or UK? This information isn’t immediately obvious from the provided text.
• Online Reputation Beyond Their Site: Searching for third-party reviews on platforms like Trustpilot, Google Reviews, or industry-specific forums can provide a more balanced perspective.
• The Nuances of “Installment Payment Options”: While flexible payments can be a pro, it’s crucial to ensure they don’t involve any interest-based riba structures, which are impermissible in Islamic finance.

Ibgme.com Features

Ibgme.com positions itself as a comprehensive solution for business setup and management in the UAE, offering a suite of services designed to simplify complex processes for international clients.

Their stated features aim to address various stages of a business lifecycle, from initial conceptualization to ongoing operations and even closure. Disneylife.com Review

This broad scope suggests an integrated approach to consultancy.

The core features highlighted on their homepage include:

• Business Setup: This is the flagship service, promising access to “3000+ business activities instantly!” and streamlined incorporation. This indicates a wide range of license types and industries they can cater to.
• Company Liquidation: Offers support for closing down businesses ethically and legally, an important but often overlooked aspect of business lifecycle management.
• Feasibility Study: Provides in-depth research and analysis to help clients make informed investment decisions, crucial for minimizing risk and ensuring a viable business model.
• Financial Planning: Assistance with structuring finances, which should ideally be aligned with ethical principles, especially concerning interest riba.
• License Related Services: This is a broad category that would encompass renewals, amendments, and other administrative tasks associated with business licenses.
• Visa Services: Support for obtaining necessary visas for entrepreneurs, employees, and dependents, which is a critical component for international business operations in the UAE.
• Accounting & Bookkeeping: Essential ongoing services to ensure financial compliance and healthy business operations.

Beyond these direct service offerings, ibgme.com emphasizes several customer-centric features:

• 24/7 Reliable Customer Service: A significant promise for international clients operating across different time zones.
• Installment Payment Options: Offers flexibility for clients, though the nature of these payments e.g., interest-free vs. interest-bearing would need careful scrutiny from an ethical standpoint.
• Dedicated Success Manager: Personalized support to guide clients through the entire process, fostering a strong client-consultant relationship.
• Multi-lingual Support: The claim of speaking “more than 16 languages” is a huge advantage for a diverse international clientele, reducing communication barriers.
• Progress Monitoring: Clients are kept updated on the status of their applications, ensuring transparency and reducing anxiety.
• Company Records Management: A commitment to transparency and due diligence in handling client documents and records.

Breakdown of Core Service Features

• Business Setup & Licensing:
  • Scope: Covers a vast array of business activities 3000+ across various free zones and mainland Dubai/UAE.
  • Process: Promotes a “seamless application process” from checking eligibility, selecting services, submitting documents, to processing.
  • Benefit: Aims to significantly reduce the complexity and time involved in registering a business in a foreign jurisdiction.
• Citizenship & Immigration:
  • Scope: Liaises with government authorities for visa and citizenship applications worldwide. This broad claim extends beyond just UAE, suggesting a wider reach.
  • Benefit: Simplifies the often-cumbersome process of obtaining residency or citizenship for clients and their families.
• Financial & Accounting Support:
  • Feasibility Studies: Critical for pre-investment analysis, helping clients understand market viability and potential risks.
  • Financial Planning: Offers assistance in structuring finances, which for an ethical business consultancy, should inherently guide clients towards interest-free models where applicable.
  • Accounting & Bookkeeping: Provides ongoing financial management, ensuring compliance with UAE tax laws e.g., 5% VAT, excise tax on specific goods.

Customer-Centric Features Analysis

The customer-centric features are where ibgme.com attempts to differentiate itself.

• Accessibility and Communication:

  • 24/7 Support: A key differentiator, particularly for international clients who might need assistance outside of standard business hours.
  • Multi-Lingual Team: Crucial for effective communication and trust-building with a global client base. It suggests a diverse and inclusive service approach.
  • Dedicated Success Managers: This personalized approach can be highly beneficial for clients new to business setup, providing a single point of contact and ensuring consistent guidance.

• Transparency and Efficiency:

  • Monitor Progress on Orders: By keeping clients updated, ibgme.com aims to provide peace of mind and demonstrate accountability.
  • Manage Company Records: Their commitment to “transparency and practicing due diligence” in handling records is vital for client data security and legal compliance.
  • Streamlined Processes: The “seamless application process” implies efficiency and speed, ensuring businesses are “ready in no time.”

• Flexibility:

  • Installment Payment Options: This feature could be very attractive for startups or small businesses managing cash flow. However, as noted, the ethical implications of such options must be thoroughly vetted by the client to ensure no interest is involved, which is prohibited in Islamic finance.

Ibgme.com’s feature set appears comprehensive for its target market.

The emphasis on customer support, transparency, and efficiency are strong selling points.

The inclusion of core services like feasibility studies and financial planning alongside setup and visa services indicates a holistic approach to supporting international businesses in the UAE. Nis-store.com Review

Ibgme.com Pros & Cons

When evaluating ibgme.com, it’s important to look at both the strengths that make it an attractive option and the areas where it might fall short or require closer scrutiny.

Based on the provided homepage text, here’s a breakdown:

Pros

• Extensive Experience and Track Record: The claims of “9+ Years of Experience,” “3,500+ Companies Setup,” and “5,000+ Happy Customers” though the latter two numbers differ between sections, 2100 companies setup / 13k happy customers in the footer suggest a well-established operation with significant volume. This can instill confidence in potential clients looking for experienced guidance.
• Comprehensive Service Offering: ibgme.com provides a wide array of services, covering the entire business lifecycle:
  • Pre-setup: Feasibility studies, consultations.
  • Setup: Business registration, licensing 3000+ activities.
  • Post-setup: Visa services, accounting & bookkeeping, company liquidation, managing company records.
  • This “one-stop-shop” approach can be highly convenient for international clients.
• Strong Customer Support Focus:
  • 24/7 Reliable Customer Service: Highly beneficial for clients in different time zones.
  • Dedicated Success Managers: Provides personalized guidance and ensures continuity.
  • Multi-lingual Support 16+ languages: Critical for effective communication with a diverse international clientele, reducing barriers.
• Transparency and Efficiency in Process:
  • Monitoring Progress: Clients are kept updated on their order status, which builds trust and reduces uncertainty.
  • Due Diligence: The commitment to transparency and due diligence in managing company records is a positive sign for compliance and security.
  • Seamless Application Process: Aims to expedite the often bureaucratic process of business setup.
• Physical Presence and Contact Information: The provision of a London office address and a Dubai office address, along with email and phone numbers, enhances legitimacy and accessibility.
• Educational Resources: The inclusion of sections on the UAE Legal System, Taxation, and FAQs provides valuable information, demonstrating an effort to educate potential clients. The clear explanation of the UAE’s adherence to Sharia Law alongside civil laws is particularly noteworthy for clients seeking ethical business environments.
• Client Testimonials: Numerous positive testimonials with names and company affiliations add a layer of social proof, although direct verification is always recommended.

Cons

• Inconsistent Data Points: There’s a discrepancy in the numbers of companies setup and happy customers between the main banner and the footer 3,500+ companies / 5,000+ happy customers vs. 2,100 companies / 13k happy customers. This inconsistency can erode trust and raise questions about data accuracy.
• Placeholder/Non-Functional Links: Some internal links on the homepage, particularly within the FAQ section and the “Sign In” button, use javascript:void0 or /#, indicating they are not fully functional or lead to an inactive page. This can be frustrating for users seeking detailed information and suggests a lack of thoroughness in website development.
• Vague “Installment Payment Options”: While flexibility is good, the specific terms of “Installment Payment Options” are not detailed. For clients prioritizing ethical finance, it’s crucial to ascertain that these options are interest-free Sharia-compliant to avoid involvement in riba interest, which is prohibited in Islam. Without explicit clarification, this could be a point of concern.
• Broad Claims Without Specific Examples: While “3000+ business activities” is impressive, concrete examples or a searchable database of these activities would make the claim more tangible and useful for prospective clients.
• Lack of Direct Verification for Awards/Affiliations: The section “IBG Affiliations and Awards” is mentioned but doesn’t immediately display specific logos or verifiable links to these affiliations or awards on the provided homepage text. This would further bolster their credibility.
• Potential for Over-reliance on Testimonials: While testimonials are positive, independent, third-party reviews and case studies are often more reliable indicators of a company’s performance. The provided text relies heavily on internal testimonials.
• Generic Blog Post Dates: The blog posts shown “March 1, 2021,” “February 20, 2021” are from a few years ago. While they are informative, more recent content would demonstrate ongoing engagement and up-to-date industry insights.

In summary, ibgme.com presents a strong case for its services, particularly with its comprehensive offerings and focus on customer support.

However, potential clients should pay close attention to the details, especially regarding financial terms and the functionality of website elements, to ensure a fully transparent and ethical engagement.

Ibgme.com Alternatives

Given the critical nature of business setup, especially in international markets, it’s wise to consider alternatives that offer similar services with a strong emphasis on ethical practices and verifiable legitimacy.

For those prioritizing Sharia-compliant financial solutions and robust, transparent business support, several reputable entities and platforms can serve as excellent alternatives to ibgme.com.

These alternatives typically focus on providing clear, compliant, and efficient services for establishing and managing businesses.

Here are some top alternatives, emphasizing services related to business consultancy, financial planning, and legal compliance, particularly within an ethical framework:

• Islamic Finance Gateway IFG Advisory

  • Focus: While IFG is primarily a knowledge hub, their advisory services connect businesses with experts in Islamic finance and ethical business practices. They can guide on Sharia-compliant structures, investments, and overall business ethics.
  • Why it’s an alternative: Provides the foundational knowledge and expert connections needed to build a fully ethical business, complementing direct setup services.
  • Pros: Deep expertise in Sharia-compliant business models. extensive network of Islamic finance professionals. focus on ethical integrity.
  • Cons: Not a direct business registration agency. requires separate engagement for actual setup procedures.

• DIFC Authority Dubai International Financial Centre Thefresh20.com Review

  • Focus: DIFC is a leading global financial hub in Dubai. While not a consultancy firm, their official portal provides all necessary information, guides, and direct channels for registering businesses within their free zone, which boasts a robust regulatory environment. Many service providers within DIFC are highly reputable.
  • Why it’s an alternative: A direct, official route for business registration in a highly regulated environment, often preferred by international entities seeking strong legal and ethical frameworks.
  • Pros: World-class regulation. strong legal system. access to a sophisticated financial ecosystem. clear guidelines for setup.
  • Cons: Specific to the DIFC free zone. might require navigating multiple official processes. not a single consultancy firm.

• ADGM Abu Dhabi Global Market Registration Authority

  • Focus: Similar to DIFC, ADGM is another prominent international financial center in Abu Dhabi, offering a common law framework and robust regulatory oversight for business setup and operations. They provide direct pathways for company registration.
  • Why it’s an alternative: Offers an alternative reputable free zone in the UAE for business establishment, with its own distinct advantages and regulatory environment.
  • Pros: Strong regulatory framework. alternative strategic location in UAE. common law system. robust legal infrastructure.
  • Cons: Specific to ADGM free zone. direct interaction with regulatory body required.

• BSA Ahmad Bin Hezeem & Associates LLP

  • Focus: A leading law firm in the Middle East with extensive experience in corporate law, commercial transactions, and business setup. They offer legal advisory, which is crucial for ethical compliance and proper structuring.
  • Why it’s an alternative: Provides specialized legal expertise to ensure business setup is fully compliant and ethically structured, mitigating risks from the outset.
  • Pros: Reputable legal firm. in-depth knowledge of UAE laws. ensures legal compliance. supports ethical structuring.
  • Cons: Primarily legal services. might not cover all administrative aspects of setup. higher cost for legal consultation.

• PRO Partner Group

  • Focus: A professional PRO Public Relations Officer and business setup service in the UAE. They assist with all government liaison, company registration, licensing, and visa processing. They are known for transparency in their processes.
  • Why it’s an alternative: Offers a direct, hands-on approach to business setup and PRO services, with a focus on clear communication and streamlined government processes.
  • Pros: Comprehensive PRO services. clear communication. handles government processes. strong local presence.
  • Cons: Might be more focused on administrative setup rather than deep financial planning advisory.

• Kilani & Partners

  • Focus: A management consulting and business advisory firm in Dubai, offering services like company formation, strategic planning, and financial advisory. They emphasize tailored solutions.
  • Why it’s an alternative: Provides strategic consulting beyond just setup, helping businesses develop viable, long-term plans within the UAE market.
  • Pros: Strategic business advisory. tailored solutions. supports long-term planning. strong local market insight.
  • Cons: May require a broader engagement beyond just initial setup.

• Shuraa Business Setup

  • Focus: One of the well-known business setup consultants in Dubai, offering services for mainland and free zone company formation, visa services, and office solutions. They have a strong online presence and numerous positive reviews.
  • Why it’s an alternative: A direct competitor to ibgme.com with a solid reputation for comprehensive business setup services and client support.
  • Pros: Reputable and well-established. wide range of setup services. good client support. clear pricing often available online.
  • Cons: Always good to cross-verify client reviews on third-party platforms.

When choosing an alternative, it’s always recommended to:

1. Verify credentials and licenses with relevant UAE authorities.
2. Request detailed proposals with transparent pricing, ensuring no hidden charges or interest-based fees.
3. Check independent reviews on platforms like Trustpilot, Google Reviews, or industry-specific forums.
4. Engage in initial consultations to assess their understanding of your specific business needs and their commitment to ethical practices.

How to Cancel ibgme.com Subscription

The provided homepage text for ibgme.com does not explicitly detail a process for canceling a subscription or service.

This is a common characteristic of business-to-business B2B consultancy websites where engagements are often project-based or long-term contracts rather than simple monthly subscriptions like a SaaS product.

However, if ibgme.com operates on a recurring service model for things like annual license renewals, PRO services, or ongoing accounting, there would typically be a cancellation procedure.

Based on best practices for service-based businesses, and what can be inferred from ibgme.com’s customer-centric claims, here’s a general approach one would likely take to cancel services with them: Efulfillmentservice.com Review

1. Review Your Service Agreement/Contract: This is the most crucial first step. When you initiated services with ibgme.com, you would have signed a service agreement or contract. This document must contain the terms and conditions regarding cancellation, including:

   • Notice period required for cancellation e.g., 30, 60, or 90 days.
   • Any penalties or fees for early termination.
   • Procedures for how to submit a cancellation request e.g., in writing, via email to a specific department.
   • Refund policy for any prepaid services.
   • Details on how to retrieve or transfer your business documents and records.

2. Contact Your Dedicated Success Manager: ibgme.com explicitly states they provide “Dedicated Success Managers.” This individual would be your primary point of contact for any service-related inquiries, including cancellation. Reach out to them directly via email or phone, stating your intent to cancel.

   • Action: Politely explain your decision and ask for the official cancellation procedure and any forms required.

3. Submit a Formal Written Request: Even if you speak with your success manager, always follow up with a formal written request email is usually sufficient, but a formal letter for high-value services is safer.

   • Include: Your company name, client ID if applicable, the specific services you wish to cancel, the desired cancellation date adhering to your contract’s notice period, and your contact information.
   • Subject Line: Make it clear, e.g., “Cancellation Request – – “
   • Request Confirmation: Ask for a written confirmation of your cancellation request being received and processed, including the effective cancellation date and any final steps.

4. Confirm Financial Implications: Before proceeding, clarify any outstanding payments or potential refunds. For ethical considerations, ensure that any “installment payment options” you might have used do not carry hidden interest charges upon early cancellation.

   • Action: Request a final invoice or statement to settle accounts.

5. Data and Document Transfer: Discuss the handover or transfer of your business documents, licenses, and any other relevant records. Ensure a smooth transition to avoid future complications.

   • Action: Confirm the process for data retrieval or transfer.

Specific Considerations for Business Consultancies:

• Project-Based vs. Recurring: Many business setup services are project-based e.g., “setup my company”. Once the project is complete, there isn’t a “subscription” to cancel, but rather a finalization of the service. Recurring services like accounting or PRO services would have ongoing agreements.
• Notice Periods: Business contracts typically have formal notice periods. Failing to adhere to these can result in additional charges.
• Ethical Considerations in Contract Termination: For ethical businesses, transparency in cancellation terms is paramount. Ensure there are no predatory clauses or excessive penalties that would be deemed unjust. If the “installment payment options” involve riba, a cancellation might incur interest penalties that are impermissible. It is crucial to understand all financial implications before signing any agreement.

Given that ibgme.com does not publicly list specific cancellation policies on their main page, direct communication with their team, particularly your dedicated success manager, and a careful review of your signed contract are the most reliable ways to manage and execute any service cancellation.

Ibgme.com Pricing

The ibgme.com homepage does not provide explicit, fixed pricing for its services.

Instead, it offers a “Calculate Setup Cost” button and mentions “Installment Payment Options” and “Flexible and cost-effective packages curated just for you.” This approach is very common for business consultancy services, especially those dealing with complex processes like company formation, visa services, and legal compliance in international jurisdictions.

The lack of transparent, fixed pricing upfront is not necessarily a red flag, but it does mean potential clients need to engage directly to get a quote.

The reason for this is that the cost of setting up a business in the UAE or any other complex jurisdiction depends on numerous variables: Paolosalmaso.com Review

• Type of Business Activity: Different activities require different licenses e.g., commercial, professional, industrial, each with varying fees.
• Jurisdiction: Costs vary significantly between mainland Dubai/UAE and various free zones e.g., DMCC, JAFZA, DAFZA, RAKEZ, Fujairah Free Zone. Each free zone has its own fee structure.
• License Type: Professional, trading, industrial, or freelance licenses will have different costs.
• Share Capital Requirements: Some business types or free zones might require a minimum paid-up share capital.
• Office Space Requirements: Virtual office, flexi-desk, or physical office space will significantly impact the cost.
• Visa Requirements: Number of visas required for owners, partners, and employees.
• Additional Services: Including accounting, PRO services, legal advisory, nominee services, bank account opening assistance, etc.
• Urgency: Expedited processing might incur additional fees.

What to Expect When Requesting a Quote:

When engaging with ibgme.com or any similar consultancy for pricing, you can expect the process to typically involve:

1. Initial Consultation: A free consultation is explicitly offered on ibgme.com “Free Consultation Get expert advice from our consultants and learn the benefits of business setup in the UAE.”. During this, they will gather information about your business activity, structure, desired location, and visa needs.
2. Customized Proposal: Based on your specific requirements, they will prepare a tailored proposal that outlines:
   • Breakdown of fees: Government fees license, registration, permits, service provider fees consultancy, PRO services, office rent if applicable, visa costs, etc.
   • Payment schedule: Including any initial deposits and subsequent installments.
   • Timeline: Estimated duration for each stage of the setup process.
   • Terms and Conditions: Including what is covered and what might incur extra charges.

Financial Planning and Ethical Considerations:

The mention of “Installment Payment Options” on ibgme.com is a point that requires careful consideration, especially from an ethical standpoint for clients adhering to Islamic financial principles.

• Riba Interest: In Islamic finance, riba interest or usury is strictly prohibited. If “installment payment options” involve any form of interest or a higher price for deferred payment compared to an upfront cash payment, then such options would be considered impermissible.
• Transparency: An ethical consultancy would be transparent about whether their installment plans are truly interest-free or if they involve any form of financing that might be considered riba. Clients should explicitly ask for this clarification.
• Alternative Solutions: For clients who need flexible payment but strictly adhere to Islamic finance, alternative solutions such as a longer payment plan with a fixed price agreed upon upfront where the deferred payment doesn’t incur additional charges beyond the initial price or seeking Qard Hasan a benevolent loan could be explored.

Key Takeaway for Pricing: Always obtain a detailed, itemized quote in writing. For the “Installment Payment Options,” explicitly inquire about whether any form of interest is charged or if the total cost changes for deferred payments. This due diligence is critical to ensure financial transactions align with ethical and Sharia-compliant principles.

Ibgme.com vs. Competitors

When evaluating ibgme.com, it’s beneficial to benchmark it against other prominent business setup and consultancy firms operating in the UAE.

The market for company formation and PRO Public Relations Officer services in the UAE is competitive, with numerous players offering similar and sometimes specialized services.

Here’s a comparative analysis focusing on what makes ibgme.com stand out and where others might have an edge.

Key competitors in the UAE business setup market include:

• Shuraa Business Setup: A well-established and highly visible player known for its comprehensive services across mainland and free zones, often promoting competitive pricing and extensive support.
• PRO Partner Group: Specializes heavily in government liaison, PRO services, and corporate structuring, often catering to larger corporate clients and complex setups.
• Creative Zone: Another popular firm offering a wide range of services from company formation to visa processing, often emphasizing ease of setup and digital solutions.
• VirtuZone: Focuses on affordable and flexible business setup solutions, particularly in certain free zones, appealing to startups and SMEs.
• Various Law Firms and Accounting Firms: Many legal and accounting practices also offer business setup as part of their corporate services, often providing deeper legal and financial compliance insights.

Ibgme.com’s Strengths in Comparison:

1. Stated Experience and Volume: ibgme.com’s claims of “9+ Years of Experience” and thousands of companies set up put it in a similar league to established players like Shuraa or Creative Zone regarding longevity and volume. This signals reliability.
2. Multi-Lingual Support: The claim of speaking “more than 16 languages” is a significant competitive advantage. This level of linguistic diversity is not commonly highlighted by all competitors and can be a huge draw for a truly international clientele, ensuring clearer communication and comfort.
3. Dedicated Success Managers: While many firms offer account managers, the explicit mention of “Dedicated Success Managers” by ibgme.com suggests a more hands-on, client-centric approach aiming for long-term relationships rather than transactional interactions.
4. Comprehensive Service Spectrum: ibgme.com covers the full spectrum from feasibility studies and business setup to visa services, accounting, and even company liquidation. This “one-stop-shop” model competes well with firms that might specialize in only one or two areas.
5. Focus on Transparency Process-wise: Features like “Monitor progress on orders” and commitment to “due diligence” aim to build trust and transparency in the process, which is critical in a consultancy relationship.

Areas Where Competitors Might Have an Edge or Offer a Different Focus:

1. Pricing Transparency: While ibgme.com offers a “Calculate Setup Cost” tool and flexible payments, it doesn’t provide upfront package pricing. Some competitors, like Shuraa or Creative Zone, often publish starting packages or general pricing tiers on their websites, allowing for quicker initial budget assessments. This might be a preference for clients who want to quickly compare costs without engaging in a consultation first.
2. Specialization: Firms like PRO Partner Group might offer deeper expertise in complex PRO services or specific corporate structuring for larger enterprises, while ibgme.com appears to cater to a broader range. If a client has very niche requirements, a specialized firm might be preferred.
3. Digital Tools and Platforms: Some competitors might offer more advanced online portals for document submission, progress tracking, or digital onboarding, potentially streamlining processes further than what’s implied on ibgme.com’s static website.
4. Brand Visibility and Marketing: Competitors like Shuraa and Creative Zone often have very aggressive marketing campaigns and high online visibility, which can make them the first point of contact for many new entrants to the market.
5. Physical Office Locations and Local Presence: While ibgme.com lists offices, some competitors might have a broader network of physical offices within the UAE, offering more convenience for in-person meetings across different emirates.

Ethical Considerations in Comparison:

When comparing any of these consultancies, the ethical aspect, especially concerning financial practices, remains paramount.

• Interest-Free Payments: It is critical to compare whether any of the “installment payment options” offered by ibgme.com or its competitors involve riba. An ethical client would specifically seek out providers who explicitly guarantee interest-free payment plans or who do not offer installment options that lead to an increased total cost.
• Sharia-Compliant Structures: While all aim to be legally compliant, how deeply they advise on and facilitate Sharia-compliant business structures e.g., in financing, partnerships, contracts can vary. Clients seeking fully ethical setups might prefer firms or legal advisors who have explicit expertise in Islamic commercial law.

In conclusion, ibgme.com presents itself as a strong contender in the UAE business consultancy market, particularly with its comprehensive services and focus on multi-lingual client support.

However, clients should carefully weigh its offerings against competitors based on specific needs, preferred communication styles, and, critically, alignment with ethical and Islamic financial principles, especially regarding payment terms. Randstatestats.org Review

How to Set Up an Ethical Business in the UAE

Setting up a business in the UAE offers significant opportunities due to its strategic location, strong economy, and diverse population.

For entrepreneurs aiming to establish an ethical business, especially one aligned with Islamic principles Sharia-compliant, the UAE’s legal framework, which incorporates aspects of Sharia Law, provides a conducive environment.

The process, while similar to conventional setup, requires careful consideration of specific aspects to ensure compliance with ethical guidelines.

Here’s a detailed guide on how to set up an ethical business in the UAE:

1. Define Your Ethical Business Model & Activities

Before into legalities, clearly define what “ethical” means for your business.

• Sharia Compliance: If adherence to Islamic principles is key, ensure your business activities, products, and services are halal permissible and avoid haram forbidden elements e.g., alcohol, gambling, interest-based finance, inappropriate entertainment.
• Social Responsibility: Consider incorporating strong CSR Corporate Social Responsibility practices, fair labor, environmental sustainability, and transparent dealings.
• Business Activities: Choose activities that are permissible and align with your ethical framework. The UAE offers over 3,000 business activities.

2. Choose the Right Jurisdiction: Mainland vs. Free Zone

The UAE offers two primary types of jurisdictions, each with different benefits and regulatory environments:

• Mainland Company:
  • Pros: Allows direct trade with the local UAE market and government entities without a local agent. Allows you to open offices anywhere in the UAE.
  • Cons: Historically required a local Emirati sponsor for most professional and commercial licenses, although recent reforms allow 100% foreign ownership in many sectors. Requires approvals from DED Department of Economic Development and other ministries.
  • Ethical Check: Ensure partnership agreements if applicable are based on Mudarabah profit-sharing or Musharakah joint venture principles if a local partner is involved, avoiding riba.
• Free Zone Company:
  • Pros: Offers 100% foreign ownership, 100% repatriation of capital and profits, and often tax exemptions e.g., corporate and income tax for a period. Streamlined setup processes.
  • Cons: Restricted from direct trade with the local UAE market without a local distributor/agent. limited to operating within the specific free zone or internationally.
  • Ethical Check: Many free zones have strict regulations, which can contribute to a transparent and ethically governed business environment.

3. Select Your Business Legal Structure

Common legal structures include:

• Sole Proprietorship: For single owners.
• Limited Liability Company LLC: Most common, offering limited liability to owners.
• Branch Office/Representative Office: For established international companies.
• Free Zone Establishment FZE / Free Zone Company FZCo: Specific to free zones.

4. Choose Your Trade Name

• Ethical Naming: Select a name that reflects your ethical values and complies with UAE naming conventions e.g., no offensive terms, no religious names without specific approval, no abbreviations of names, etc..
• Uniqueness: The name must be unique and available. Conduct a name search with the relevant authorities DED or Free Zone Authority.

5. Prepare Required Documents

Standard documents typically include:

• Passport copies shareholders, managers
• Visa copy if residing in UAE
• NOC No Objection Certificate if employed in UAE
• Business plan for some free zones or activities
• Proof of residential address
• Memorandum of Association MOA and Articles of Association AOA

6. Obtain Initial Approvals

• Government Approvals: This involves getting initial approval from the DED for mainland companies or the relevant Free Zone Authority.
• Third-Party Approvals: Depending on your business activity e.g., healthcare, education, food, you might need approvals from specific ministries or departments e.g., Dubai Health Authority, Ministry of Education, Dubai Municipality.
• Ethical Due Diligence: Ensure all approvals are obtained through legitimate channels, avoiding any form of bribery or unethical influence.

7. Secure Office Space or Virtual Office/Flexi-Desk

• Physical Office: Required for mainland companies and some free zone licenses.
• Virtual Office/Flexi-Desk: Common in free zones, offering a cost-effective solution without a dedicated physical office.
• Ethical Environment: If renting a physical space, ensure it adheres to ethical labor standards e.g., proper facilities for staff and environmental considerations.

8. Finalize Registration and Obtain Your License

• Payment: Pay all registration fees, license fees, and other charges. For ethical businesses, verify that all payment options e.g., installments are interest-free.
• License Issuance: Once all steps are completed and fees paid, your trade license will be issued.

9. Open a Corporate Bank Account

• Sharia-Compliant Banking: Crucially, open a corporate bank account with an Islamic bank or a conventional bank that offers Sharia-compliant accounts and financing products. This ensures all your financial transactions, credit lines, and investments are free from riba and other prohibited elements.
• Due Diligence: Banks in the UAE have strict compliance procedures. Be prepared for extensive documentation and verification.

10. Visa Processing

• Investor/Partner Visa: Apply for visas for yourself and any partners.
• Employee Visas: Obtain work permits and residency visas for your employees.
• Ethical Labor Practices: Ensure fair employment contracts, timely salary payments, and humane working conditions for all staff, aligning with Islamic principles of justice and fairness to employees.

11. Ongoing Compliance and Ethical Operations

• Tax Compliance: Register for VAT Value Added Tax if your taxable supplies exceed the threshold currently AED 375,000 annually. Pay excise tax on relevant goods. Ensure all tax obligations are met transparently.
• Auditing and Bookkeeping: Maintain accurate financial records and conduct annual audits. Engage with ethical accounting firms.
• Renewals: Ensure timely renewal of your trade license, visas, and other permits.
• Adherence to Sharia and Local Laws: Continuously ensure your business operations, supply chain, marketing, and financial dealings remain compliant with both UAE civil law and Islamic ethical guidelines. This includes avoiding deceptive advertising, ensuring product integrity, and fair competition.

Setting up an ethical business in the UAE is a process that requires diligence and an understanding of both legal and ethical frameworks.

Engaging with reputable consultants, legal advisors, and Islamic finance experts can significantly streamline the journey and ensure long-term compliance. Eventee.co Review

FAQ

What is ibgme.com?

Ibgme.com is a business consultancy service that assists individuals and companies with setting up and managing businesses in the United Arab Emirates UAE, offering services like company registration, visa processing, financial planning, and accounting.

Is ibgme.com a legitimate company?

Based on the information on their website, which includes physical office addresses, contact details, a stated history of 9+ years, and numerous client testimonials, ibgme.com presents itself as a legitimate business consultancy.

However, independent verification of claims is always recommended.

What services does ibgme.com offer?

Ibgme.com offers a comprehensive range of services including business setup company registration, company liquidation, feasibility studies, financial planning, license-related services, visa services, and accounting & bookkeeping.

Where are ibgme.com’s offices located?

According to their website, ibgme.com has offices at Bloomsbury Square, London WC1B 4EA, and The Exchange Tower – Office 1, 24th floor – Business Bay, Dubai, UAE.

How many companies has ibgme.com reportedly helped set up?

The website states inconsistent numbers, with “3,500+ Companies Setup” in one section and “2100 Companies Setup” in another, both implying a significant number of businesses assisted.

Does ibgme.com offer 24/7 customer service?

Yes, ibgme.com claims to offer “24/7 Reliable Customer Service” and provides dedicated success managers and multi-lingual support.

Does ibgme.com offer installment payment options?

Yes, ibgme.com mentions “Installment Payment Options” as part of their flexible and cost-effective packages.

It is crucial to verify if these options are interest-free to ensure ethical compliance.

What kind of customer support can I expect from ibgme.com?

Ibgme.com promises 24/7 customer service, dedicated success managers, and support in over 16 languages, aiming to provide personalized and accessible assistance. Urolifehyderabad.com Review

Does ibgme.com help with visa services?

Yes, ibgme.com explicitly lists “Visa Services” as one of their popular products, indicating they assist with obtaining visas for individuals and dependents in the UAE.

Can ibgme.com assist with corporate bank account opening in the UAE?

While not explicitly listed as a standalone service on the provided text, business setup consultants typically assist with corporate bank account opening as part of the setup process.

The FAQ section mentions it is possible to open a corporate bank account immediately after company incorporation.

Does ibgme.com provide financial planning services?

Yes, “Financial Planning” is listed under IBG’s Popular Products, suggesting they offer advisory services in this area.

How transparent is ibgme.com about its processes?

Ibgme.com states it allows clients to “Monitor progress on orders” and commits to “transparency and practicing due diligence” in managing company records, indicating a focus on process transparency.

Are there any inconsistencies in the information provided on ibgme.com?

Yes, there are inconsistencies in the reported number of companies set up and happy customers between different sections of the homepage text.

Does ibgme.com provide information about UAE taxation?

Yes, the website has a section dedicated to “Taxation” in the UAE, explaining the corporate tax, VAT 5%, and excise tax, and mentioning double tax avoidance agreements.

Does ibgme.com offer free consultations?

Yes, ibgme.com clearly states, “Free Consultation Get expert advice from our consultants and learn the benefits of business setup in the UAE.”

What are the benefits of setting up a business in the UAE, according to ibgme.com?

Ibgme.com lists benefits such as zero corporate tax, minimal currency restrictions, and a wide range of license types and permitted business activities.

Does ibgme.com assist with company liquidation?

Yes, “Company Liquidation” is listed as one of the popular products offered by ibgme.com. Mommyliciousmaternity.com Review

Are the FAQ links on ibgme.com fully functional?

Based on the provided text, some of the FAQ links use javascript:void0, meaning they do not navigate to separate pages or directly expand answers, which can hinder user experience.

What is the primary focus of ibgme.com’s services?

The primary focus of ibgme.com’s services is facilitating business setup and providing related management and support services for companies looking to establish or operate in the UAE.

How long has ibgme.com been in business?

Ibgme.com claims to have “9+ Years of experience” in the business consultancy sector in the UAE.