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General FAQs

Dubai offers a strategic location, a business-friendly environment, tax advantages, world-class infrastructure, and access to a diverse market.

Mainland, Free Zone, and Offshore are the main business structures. Each has its own advantages and considerations.

The timeline varies depending on the business structure and the completeness of documentation. Generally, it can take 7 to 14 days.

No, Only money exchange activities needs local partner.

Yes, Free Zones allow for 100% foreign ownership, making them an attractive option for many businesses.

Documentation FAQs

Passport copies of shareholders, visa copies (if applicable), business name.

Choose a unique name complying with naming conventions. Certain words are restricted, and approval is needed from the relevant authorities.

Licensing FAQs

Trade license, professional license, and industrial license are common. The type depends on your business activities. Licenses are obtained through relevant authorities.

Generally, Free Zone companies can conduct business internationally and within the UAE, but operations outside the Free Zone may require a Mainland presence.

Visa and Immigration FAQs

Visa applications are processed through the relevant authorities. Visa quotas depend on the business structure.

Yes, depending on the type of visa and the regulations in place at the time.

Financial and Tax FAQs

Dubai offers a tax-friendly environment with low rate corporate. However, there is Value Added Tax (VAT) 5% on certain goods and services.

Yes, having a local corporate bank account is a mandatory requirement for business transactions and salary payments.

Ongoing Compliance FAQs

Compliance includes renewing licenses, submitting annual reports, and adhering to any regulatory changes.

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