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FAQ's
Once your company has been established, you can apply for opening a corporate bank account with any of the banks in the UAE.
Yes, you can set up a business in Dubai remotely. Many free zones and business authorities provide online processes, allowing you to establish and manage your business from anywhere in the world.
In different jurisdictions, the rules are different. But at IFZA Free Zone, you don’t need a physical office if your business has only up to 3 visas.
In United Arab Emirates, you can establish entities like Limited Liability Companies (LLC), Free Zone Entities, Sole Proprietorships, and Branches of Foreign Companies.
Mainland companies can operate anywhere in the UAE and require a local sponsor for majority ownership, whereas free zone companies are restricted in certain activities to specific areas but offer benefits like 100% foreign ownership. Note that there are no restrictions for business conducted internationally.
Generally, a passport copy, visa/NOC, business plan, and proof of trade name reservation are required. Requirements may vary based on company type.
The process can take anywhere from a few days to several weeks, depending on the company type and specific requirements.
For mainland companies, a local sponsor (UAE national) owning 51% of the business is mandatory for certain activities. Free zone companies don’t require a local sponsor.
The company can sponsor investor visas and employee visas, which vary based on the business’s size and type.
Yes, there are no restrictions on repatriation of profits and capital from United Arab Emirates.
United Arab Emirates offers a tax-free environment for most businesses, with no personal or corporate income tax subject to the company obtaining a Qualifying Free Zone Status.
The requirement varies; many free zones and some mainland business types have no minimum paid up capital requirement.
Yes, foreign companies can open branches, which are legally part of the parent company.
For mainland companies, yes. Free zones offer flexible arrangements like virtual offices or flexi desks.
These include license renewal, financial record-keeping, and sector-specific regulations.
100% foreign ownership, tax exemptions, no currency restrictions, and state-of-the-art infrastructure.
Businesses exceeding AED 375,000 in annual turnover must register for VAT at 5%.
Yes, many free zones and agencies facilitate remote setup, though some processes may require physical presence.