The process involves selecting the business activity, determining the legal structure, registering the trade name, obtaining initial approvals, drafting the Memorandum of Association (MOA), leasing office space, and securing the required business licence.
The time frame varies depending on the type of business and jurisdiction. Typically, it takes 1-4 weeks.
Yes, 100% foreign ownership is allowed in many Free Zones and for certain mainland business activities, depending on the sector.
The main types are Commercial, Industrial, Professional, and Tourism licences. The type required depends on the business activity.
Business licences in the UAE must be renewed annually. The renewal process usually involves submitting required documents and paying a renewal fee.
Required documents typically include a completed application form, a copy of the business owner's passport, a business plan, and proof of address for the business location.
The application process involves obtaining a business licence, applying for an entry permit, completing a medical examination, and then getting the residence visa stamped.
Visa costs vary based on the type of visa, duration of stay, and whether the application is for a business owner or employee. Fees typically include the entry permit, medical examination, visa stamping, and Emirates ID application.
Most business visas are valid for 1 to 3 years. The renewal process includes medical tests, paying renewal fees, and updating documents like the Emirates ID.
Yes, business owners and employees with a valid UAE visa can sponsor their spouses, children, and other dependents, provided they meet the income criteria established by the government.
Free Zones are designated areas with specific business regulations that offer benefits such as full foreign ownership and tax exemptions. In contrast, mainland setups allow businesses to operate directly within the UAE market but typically require a local sponsor.
Yes, certain sectors, such as healthcare, education, and telecommunications, have additional regulatory requirements and may require special approvals from relevant authorities to operate.
Penalties for non-compliance can vary widely, ranging from fines and licence suspensions to the potential closure of the business, depending on the severity of the violation and specific regulatory guidelines.