Frequently Asked Question
General Business Setup
What types of companies can I set up in the UAE?
You can establish three main types of companies: Mainland, Free Zone, and Offshore.
– Mainland companies allow you to trade directly in the UAE market and work with government entities.
– Free Zone companies offer 100% foreign ownership, tax benefits, and simplified setup processes.
– Offshore companies are ideal for international business and asset protection but cannot trade within the UAE.
What is the difference between a Mainland and a Free Zone company?
Free Zone company : 100% foreign ownership |Can trade restricted to Free Zone or outside UAE / Office Requirement- Flexi-desk or virtual office allowed.
How long does it take to set up a business in the UAE?
Depending on the business type and jurisdiction, setup can take 3 to 10 working days once all documents are submitted and approvals are received.
What documents are required to start a company?
Typical documents include:
– Passport copies of shareholders and directors
– Proof of address
– Business name options
– Business activity description
Licensing and Legal Structure
What types of business licenses are available in the UAE?
– Commercial License: For trading and retail activities
– Professional License: For services, consultancy, and craftsmanship
– Industrial License: For manufacturing and industrial operations
Can I operate multiple business activities under one license?
Yes, but only if the activities are related and approved by the licensing authority. Some Free Zones allow combining multiple activities under one license.
Do I need a local sponsor for a Mainland company?
In most sectors, no — foreign investors can now own 100% of their Mainland business. However, specific strategic sectors may still require a UAE national partner or service agent.
Visas and Immigration
How many visas can I get under my company?
The number of visas depends on your office space and business activity.
Can my family get residence visas through my company?
Yes, once your investor or employment visa is issued, you can sponsor your spouse, children, and domestic staff under UAE residency regulations.
What is the process for obtaining an investor visa?
The process includes:
- Company registration and license issuance
- Entry permit application
- Medical test and Emirates ID registration
- Visa stamping in the passport
Banking and Finance
Can I open a corporate bank account in the UAE?
Yes. After your company license is issued, you can open a corporate bank account with local or international banks. Requirements vary by bank but generally include company documents, shareholder details, and a business plan.
Which banks are best for new businesses?
Popular options include Emirates NBD, Mashreq Bank, RAKBANK, and ADCB for local banking, and HSBC or Standard Chartered for international operations.
Taxation and Compliance
Is there corporate tax in the UAE?
Yes. As of June 2023, a 9% corporate tax applies to profits exceeding AED 375,000. Free Zone companies may remain exempt if they meet qualifying conditions.
Do I need to register for VAT?
Yes, if your annual turnover exceeds AED 375,000, VAT registration is mandatory. The current VAT rate is 5%.
What accounting requirements should I follow?
All companies must maintain audited financial statements and comply with UAE tax and accounting standards. Free Zones often require annual audits for license renewal.
Free Zones Overview
Which Free Zone is best for my business?
It depends on your industry and goals:
– DMCC (Dubai Multi Commodities Centre): Ideal for trading and commodities.
– FZA (International Free Zone Authority): Cost-effective and flexible.
– RAKEZ (Ras Al Khaimah Economic Zone): Great for manufacturing and logistics.
– DIFC (Dubai International Financial Centre): Best for financial services.
Can I move my company from one Free Zone to another?
Yes, but it requires closing the existing entity and re-establishing it in the new Free Zone. Some authorities offer simplified migration processes.
Support and Services
Does your company assist with bank account opening and visas?
Absolutely. We provide end-to-end support including company registration, visa processing, bank account setup, and ongoing compliance assistance.
Can you help me choose the right business structure?
Yes. Our consultants analyze your goals, target market, and budget to recommend the most suitable jurisdiction and structure for your business.
Do you offer virtual office or coworking options?
Yes. Many Free Zones provide flexi-desk or virtual office packages that include business addresses, mail handling, and meeting room access.
Additional questions
I’m new to the UAE. How do I start a business here?
Starting a business involves choosing your business activity, selecting the right jurisdiction (Mainland, Free Zone, or Offshore), reserving a trade name, obtaining initial approvals, and getting your business license issued. Our team can handle the entire process on your behalf.
Can foreigners own a business in the UAE?
Yes, 100% foreign ownership is allowed in most business sectors across Free Zones and even in many Mainland activities. Some strategic industries may still require a local partner.
What is the minimum investment required to start a company?
The cost depends on the business type and location. Free Zone setups can start from AED 5,500, while Mainland companies may require AED 15,000–25,000 or more, depending on license type and office space.
Do I need to visit the UAE to start my company?
In most Free Zones, you can complete the entire setup remotely. However, for bank account opening or visa stamping, a short visit might be required.
Can I use my home address as my business address?
No, a registered business address is mandatory. You can choose from physical office spaces, co-working desks, or virtual offices depending on your license type.
Choosing the Right Jurisdiction
Which is better for me — Mainland or Free Zone?
If you plan to trade directly in the UAE market or work with government clients, go for Mainland.
If you want full ownership, tax benefits, and easy setup, choose a Free Zone.
What are the benefits of setting up in a Free Zone?
Key benefits include:
– 100% foreign ownership
– 0% import/export duties
– Full profit repatriation
– No personal income tax
Simplified visa and licensing process
Can I upgrade from a Free Zone to a Mainland company later?
Yes, you can migrate your business by closing your Free Zone entity and registering a new Mainland company. We can manage this transition smoothly.
How do I choose the right business activity?
Your business activity determines your license type and regulatory authority. We’ll help you select from over 2,000 approved activities, ensuring compliance and flexibility for future expansion.
Can I add more activities to my license later?
Yes, you can add or modify activities at any time by applying for an amendment with the relevant authority.
What happens if I operate without the correct license?
Operating without a valid or correct license can lead to fines, suspension, or even closure of your business. Always ensure your license matches your actual business operations.
Visas and Residency
How long does it take to get a UAE residence visa?
Once your company is registered, the visa process usually takes 5–7 working days, including medical tests and Emirates ID issuance.
What is the difference between an investor visa and an employment visa?
An investor visa is for business owners or shareholders, while an employment visa is for staff hired under the company. Both grant UAE residency but have different eligibility and validity terms.
Can I sponsor my parents or dependents under my visa?
Yes, you can sponsor your immediate family members if you meet the income and accommodation requirements set by UAE immigration authorities.
What is the validity period of a UAE residence visa?
Investor and employment visas are typically valid for **2 years** (Mainland) or **3 years** (Free Zone), depending on the authority.
Banking and Finance
How long does it take to open a corporate bank account?
It usually takes from14 -30 working days after your company license is issued, depending on the bank’s compliance procedures.
What documents are needed for a corporate bank account?
You’ll need your company license, MOA, shareholder passport copies, proof of address, and a brief business plan or invoices showing expected transactions and 6 months bank statement.
Can I open a personal bank account as a business owner?
Yes, once you have a UAE residence visa, you can open a personal account with any local or international bank.
Taxes and Accounting
Do Free Zone companies pay corporate tax?
Qualifying Free Zone companies that meet specific criteria can continue to enjoy 0% corporate tax, while others may be subject to the standard 9% rate on profits above AED 375,000.
What happens if I don’t register for VAT when required?
Failure to register can result in penalties and fines. If your annual turnover exceeds AED 375,000, VAT registration is mandatory.
Do I need to hire an accountant or auditor?
Yes, maintaining proper financial records is essential. Many Free Zones require annual audits for license renewal. We can help You with that.
Business Growth and Expansion
Can I open branches in other Emirates?
Yes, Mainland companies can open branches anywhere in the UAE. Free Zone companies can open branches within the same Free Zone or create a new entity elsewhere.
Can I sell my company in the future?
Yes, company ownership can be transferred or sold to another party through a legal share transfer process.
Can I hire employees from outside the UAE?
Absolutely. You can sponsor foreign employees under your company visa quota once your establishment card is issued.
Support and Value-Added Services
Do you provide PRO and document clearing services?
Yes, we handle all government documentation, approvals, and renewals — including labor cards, immigration, and visa processing.
Can you help with business bank account introductions?
Yes, we maintain partnerships with leading UAE banks and can assist with introductions to streamline the account opening process.
Do you offer business consulting or advisory services?
Yes, our experts provide strategic consulting on market entry, legal structure, tax planning, and business growth strategies.
What ongoing support do you provide after setup?
We offer continuous support including license renewals, visa management, accounting, and compliance services to ensure your business runs smoothly.
Golden visa
What is the UAE Golden Visa?
The UAE Golden Visa is a long-term residence visa that allows foreign nationals to live, work, and study in the UAE without the need for a local sponsor. It offers 5- or 10-year residency depending on the applicant’s category.
Who is eligible for the UAE Golden Visa?
The Golden Visa is available to several categories, including:
– Investors in public investments or real estate
– Entrepreneurs and startup founders
– Highly skilled professionals and specialists
– Scientists, researchers, and innovators
– Outstanding students and graduates
– Humanitarian pioneers and frontline heroes
How long is the Golden Visa valid?
The Golden Visa is issued for 5 or 10 years, depending on the applicant’s category, and is automatically renewable as long as eligibility criteria are maintained.
What are the main benefits of the Golden Visa?
Key benefits include:
– Long-term residency (5 or 10 years)
– 100% ownership of your business in the UAE
– No need for a local sponsor or employer
– Ability to sponsor family members (spouse, children, and parents)
– Unlimited stay outside the UAE without visa cancellation
- Domestic staff sponsorship rights
- UAE consular support
Can I sponsor my family under the Golden Visa?
Yes, Golden Visa holders can sponsor their **spouse, children of any age, and domestic staff. Family visas remain valid even if the main visa holder passes away.
Does the Golden Visa grant UAE citizenship?
No, the Golden Visa provides long-term residency, not citizenship. However, it allows you to live and work in the UAE with many privileges similar to citizens.
What are the requirements for investors to qualify for the Golden Visa?
Investors can qualify by:
– Owning property worth at least AED 2 million, or
– Investing AED 2 million or more** in an approved investment fund, or
Can I apply for a Golden Visa if I own multiple properties?
Yes, if the combined property value is at least AED 2 million, you can apply. Properties must be fully owned (not mortgaged) or partially paid with a minimum equity value of AED 2 million.
What documents are required for the Golden Visa application?
Commonly required documents include:
– Passport copy
– Emirates ID (if applicable)
– Recent passport-size photo
– Proof of investment, employment, or academic achievement
– Medical insurance and fitness certificate
– Police clearance certificate
How long does it take to get the Golden Visa approved?
The process typically takes 2 to 4 weeks, depending on the category and completeness of the documentation.
Do I need to cancel my existing visa before applying for the Golden Visa?
No. You can apply for the Golden Visa while holding your current residency. Once approved, your existing visa will be automatically converted.
Can your company help me apply for the Golden Visa?
Yes. Our team provides **end-to-end Golden Visa assistance, including eligibility assessment, document preparation, application submission, and follow-up with authorities.
Do you offer fast-track or VIP Golden Visa services?
Yes, we offer priority processing and VIP concierge services for clients who need faster approvals and personalized support.