The license process typically takes 5 working days once all documents are submitted.

No, we allow 100% foreign ownership, so you do not need a local partner to start a company. This means you retain full control and ownership of your business, including the ability to repatriate all profits.

Yes, you can establish your business on a Free Zone without being physically present in the UAE. The entire process can be completed online, from submitting your application to obtaining your business license, without the need to be physically present in the UAE. This flexibility makes it easy for international entrepreneurs to set up a company in Dubai.

That’s for the Business License. While the residence visa process can be initiated online, you will need to be physically present in Dubai to complete the application.

Although a physical office space is not required, every business setup in the UAE must have a Unit Lease Agreement (ULA) to serve as the registered business address. This agreement is included in all our packages, ensuring compliance with local regulations without the need for a dedicated office. However, if you do require a physical office, we offer various rental options to suit your needs.

No, there is no minimum paid-up share capital required to start a business, simplifying the process and lowering initial costs for entrepreneurs.

Yes, once your company is established, you can apply to open a corporate bank account with any bank in the UAE. We can assist you with the documentation and application process.

Yes, you can renew your business license remotely through CompanySetup-UAE, your registered agent. The renewal process is straightforward and requires an authorization letter and payment of the renewal fees. You do not need to be physically present in the UAE to renew your license.

No, transferring a company from one free zone to another is not allowed. However, you can establish a branch of your existing company in a different free zone if needed. Alternatively, you may choose to liquidate your company in the current free zone and start a new company in another free zone.

The cost to set up a business in the UAE Free one starts from AED 12,900 for a zero-visa license package and 14,900 for a 1-visa license package. Prices vary depending on the type of license, the number of visas required, and any additional services needed.

There are two main categories for renewal costs:

Annually:

• Business Trade License for the Free Zone. Starting at AED12,900 (~$3,500USD).
• Establishment Card. AED2,200 (~$600USD).

Every 2 Years:

• Residence Visa (which has a 2-year validity). AED3,850 (~$1,050USD).

We suggest that all our clients pay for 2 years of the business license at once. This way, you only need to renew both the company license and the visa every two years at the same time, making it easier and less stressful.

Choosing a 2-year payment plan for the business license helps to simplify the renewal process. It means you only need to renew both the business license and the residence visa once every two years, at the same time. This reduces the number of renewals you need to manage, saves time, and makes it less stressful for you.

When setting up your business, there are several costs to consider beyond the initial company registration fees, such as office space and professional services like accounting and bookkeeping. At CompanySetup-UAE, we include a flexi desk in all our packages for FREE, offering a convenient and cost-effective office solution. Additionally, we provide a range of other office spaces available for rent to suit your specific needs. We also offer complete accounting and bookkeeping services to help manage your financial records. Use our cost calculator to estimate all these expenses and choose the best package for your business.