| Registry | Free-zone Company in the Emirate of Dubai registered in the Ajman Registry NuVentures Centre Free Zone (ANC) with registered office in Ajman and correspondence address in the Emirate of Dubai. |
| Authorized activities | The company may engage in any activity except banking, insurance and financial activities (such as currency exchange). Third-party fund management is not permitted. |
| Minimum capital | Min. AED 100,000 (with a minimum of AED 50,000 per partner). Company capital is not required. |
| Manager | Minimum one. Can be an individual or a company (in which case an individual manager must also be appointed). |
| Partner(s) | Any individual (minimum age 18) or legal entity (company) of any nationality. No nominee partner. |
| Obligation to have an Emirati shareholder | Not required. |
| Keeping accounts | Mandatory. |
| Report on the audit of the financial statements | Mandatory. |
| Registration deadline | 24h max. |
Lead times
Please allow for the following lead times:
– 3 working days to prepare your company’s registration documents from receipt of your payment. The documents are signed electronically (so there’s nothing to send us by post);
– 1 working day max. to receive your company’s Certificate of Registration;
– Visa de résidence, you have 2 possibilities:
— Case n°1: you are present in Dubai for 3 weeks (from Monday morning to Thursday evening 2 weeks later) to obtain your visa;
or
— Case °2: we submit your file to Immigration Services 3 weeks BEFORE your arrival in Dubai. You will then need to be present for only 6 working days in Dubai (from Wednesday morning to Wednesday evening of the following week) to obtain your visa (= pink sticker in your passport).
– If applicable, visa for wife/husband/child(ren): as soon as you have obtained your residence visa and have rented/bought a property in Dubai, we will be able to apply for visas for your wife/husband and children (see documents required on page 15).
– EmiratesID (= identity card in credit card format): it is now necessary to make an appointment with the Authorities to obtain the “fingert print” (fingerprint). It currently takes 3 weeks to obtain an appointment. To take this appointment, you must be present in Dubai and have already completed the medical examination. It takes a maximum of 2 hours to take your fingerprints (we can also accompany you, of course). The EmiratesID will then be delivered to our P.O. Box, at least 7 working days after the fingerprinting (you don’t need to be present to receive it, but we will of course keep it for you if you are no longer present).
– UAE driving license (= local driving license): as soon as we receive your EmiratesID, we can accompany you to the Dubai Traffic Department to obtain your UAE license in 2 hours on the spot (please note that you can no longer drive with a foreign license once you have obtained a residence visa);
– Personal bank account: once your EmiratesID has been obtained, we can meet with the bank to open your personal bank account. It takes about 5 working days to obtain it.
– Business bank account: you have 2 options (both are possible, of course!):
– Online banking: can be opened as soon as the company is registered, max. 5 days to receive your account number;
or/and (both are possible at no extra cost!)
– Local bank in Dubai: can be opened as soon as you have obtained your residency visa, it takes about 3 weeks to get your bank account number in a local bank in Dubai.
Rates for company and residence visas
Company package
Here are the rates for the company:
Please note:
– Disbursements (costs we incur on your behalf with the Authorities) include all costs related to the company and residence visa.
– The number of eligible visas indicated applies only to partners and employees, and not to their families (husband, wife, children).
– Our visa fees are not included in the above rates (see Residence Packages below).
– It is possible to have up to 10 activities per license.
Residency package
Here are the rates for the residence:
Please note:
– If a residence visa is requested while you are present in the Emirates on a tourist visa, there is a surcharge of AED 1000 to change its status to a residence visa.
– Local medical insurance is required for all residence visas (from AED 800 per year, please contact us).
– The visas below are automatically cancelled if the holder spends more than 6 consecutive months outside the Emirates. For an investor visa, this period is 12 months.
– Exchange Driving License: if applicable, for AED 1055, it is possible to exchange a foreign driving license with an Emirates license. This amount must be paid directly on site (we will assist you free of charge with this exchange). Please note: for certain countries (France, Belgium, etc.), the original license is returned to you with the new Emirates license.
– For family visas (wife/husband/children) whose sponsor has an Investor visa, a deposit of AED 3000 per visa is required (recoverable after visa cancellation).
