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ABOUT FORMENZO

How Formenzo builds transparent UAE free-zone pricing

Formenzo is a UAE-based route-check and quoting platform for free-zone company formation. Workbook-backed pricing, no hidden advisor markup, bank-readiness signal — not a bank, not a law firm, not an authority.

Last updated: Reviewed by · UAE-resident team · DubaiWorkbook-verified against authority pricing

The team behind Formenzo

Formenzo is built by a UAE-resident team based between Sharjah licensing operations and Dubai founder support. The team maintains the workbook-pricing pipeline, authority filing discipline, and founder service layer behind UAE free-zone formation.

Balmiki Kumar

Founder & CEO

Leads the workbook-pricing standard, route logic, authority relationships, and final commercial review.

Jo An Bito Amen

Founding member and HR Head

Founding member of Formenzo. Owns HR coordination, team records, onboarding support, and internal people operations.

Umar Farook

General Manager

Owns case operations, team coordination, and authority-side execution for founder files.

Mohammad Hussain

PRO

Coordinates PRO work, document movement, authority submissions, and government-service steps.

Sonu Shankar

Accountant

Supports fee reconciliation, accounting records, invoices, and finance documentation for case files.

Aye Aye Aung

Business Service Manager

Manages founder service requests, document readiness, and business-service coordination.

Where to find us

Dubai office: 258 Central Plaza, Schon Business Park, DIP 1, Dubai, UAE.

Registered: Formenzo FZE, Licence No. 20232, issued by SRTIP, Sharjah, UAE.

Hours: Sunday-Thursday, 09:00-18:00 GST. Email: [email protected].

Key topics on this page

  • Workbook-backed UAE free-zone pricing
  • No hidden advisor markup
  • Bank-readiness signal (fit indicator, not approval)
  • Editorial policy on unverified zones
  • Per-zone authority workbook ingestion
  • Named UAE-resident team in Dubai and Sharjah

Frequently asked questions

How does Formenzo's pricing work?

Every quote we generate is split into two named lines: the authority fee and the Formenzo service fee. The authority fee is a pass-through quoted at the figure in that zone's current workbook, with no hidden advisor markup. The Formenzo service fee is what we charge to run your case end-to-end, and you see it as a single line on the quote before you commit.

Do you take commissions from free-zone authorities?

Where we hold an authority partner relationship, we may receive a referral payment from the zone for cases we route in. That payment is built into the Formenzo service fee a founder sees on the quote; it is not stacked on top of the authority fee as a hidden markup. We will not route a founder to a zone that does not fit the activity, headcount, or budget purely because the commission is higher — the route logic is workbook-driven and editorial.

Can I cancel after I have paid the Formenzo service fee?

Yes. The refund window depends on which stage your case has reached — before authority submission, full refund of the service fee is the default; once the file has been submitted to the authority, costs already incurred cannot be reversed. The detailed terms live on the refund policy page.

Who owns the documents I upload to the client portal?

You do. The documents you upload remain your property; Formenzo holds them as a processor for the purpose of preparing and filing your case and for the UAE legal-retention periods that follow. We do not use your KYC documents, shareholder details, or workbook contents to train any AI model. The exact data-handling terms are in the privacy policy.

Will Formenzo open my UAE bank account?

No. UAE banks open accounts directly — only the bank can do that, and only the bank can approve or decline. What we do is the bank-readiness signal, which scores your case against the factors UAE banks weigh during onboarding and tells you where to strengthen your file before you apply. Final bank acceptance is not guaranteed by Formenzo.

How fresh are the AED prices on your site?

The prices shown in the comparison tool are read live from the workbook tables we maintain on the platform. When an authority issues a new workbook, we ingest it, diff it, label the changes, and publish the new table. The figure you see in the live tool is the figure your case manager works against on the same day — not a snapshot from a static page.

Why is Formenzo new? Are you a startup?

Yes. Formenzo is a new platform, built by a small UAE-resident team. We have chosen to build the workbook coverage and editorial standard up first, rather than chase scale through advertising. If you are looking for a vendor with two decades of UAE incorporation history, we are not that. If you are looking for a platform that shows you the route and the AED before anyone asks for a phone number, that is what we are building.

How do I contact a human at Formenzo?

Email [email protected] or call +971 58 829 3781. WhatsApp is available on the same UAE number. We answer in English and Arabic during Gulf Standard Time business hours and acknowledge new threads within one working day.

Related on Formenzo

Contact Formenzo · FAQ — UAE free-zone formation · Editorial disclosures · Privacy policy · All UAE free zones