Question 1

Is the Company Owner or Shareholder Required to be in Dubai for the Company Set-Up and License Processing?

Accepted Answer

No, physical presence is not mandatory. While many procedures can be completed remotely, certain activities may require a representative during specific stages. Understanding the specifics ensures a smooth setup.

Question 2

What Documents Are Required to Register a Dubai Company?

Accepted Answer

Documentation requirements vary based on the chosen structure. Generally, you'll need a business plan, passport copies, and proof of address. Consulting with business setup professionals ensures you have all necessary documents in order.

Question 3

How Can a UAE Business Get a UAE Company Bank Account?

Accepted Answer

Securing a UAE company bank account involves providing necessary company documents, personal identification, and meeting the bank's criteria. Choose a bank aligning with your business needs for seamless financial transactions.

Question 4

Must a New Business Lease an Office Facility to Complete the Company Registration?

Accepted Answer

Not necessarily. While some activities may require a physical office, many free zones offer flexible solutions, such as virtual offices or co-working spaces. Understanding your business activity and the specific requirements ensures compliance without unnecessary expenses.

Question 5

Can I Obtain a UAE Residency Visa with My UAE Company Set-Up?

Accepted Answer

Yes, setting up a UAE company opens avenues for obtaining a residency visa. Meeting certain criteria, such as investment thresholds, allows you to secure a UAE residency visa. This option offers added benefits for business owners seeking a more permanent presence in Dubai.

Business & Finance

Comprehensive Guide to Setting up Business in Dubai