Navigating the UAE business landscape can raise many questions. We’ve compiled answers to the most common queries to provide clarity and build your confidence when setting up your business.
Frequently asked questions
Find Answers to Your UAE Business Setup Questions.
Business Setup & Licensing
What are the main types of company setups in the UAE?
The main types are Mainland companies, Free Zone companies, and Offshore companies. Each has distinct advantages and requirements.
What documents are required for business setup?
A: Required documents vary depending on the business type and jurisdiction.
Generally, you’ll need passport copies, visa copies, business plan, and legal
documents.
How long does the business setup process take?
The timeline varies, but typically ranges from a few days to a few weeks, depending on the complexity and chosen jurisdiction.
Can a foreigner own 100% of a company in the UAE?
Yes, in many Free Zones and specific Mainland sectors, 100% foreign ownership
is allowed.
Can I start a business in the UAE without a physical office?
Yes, virtual office options and flexi-desks are available in many Free Zones and some Mainland arrangements.
What is a trade license, and why is it important?
A trade license is a legal permit to conduct business activities in the UAE. It specifies the allowed business activities and is essential for legal operation.
What is the difference between a commercial license and a professional license?
A commercial license is for trading goods, while a professional license is for providing services.
Are there specific licenses for e-commerce businesses?
Yes, there are specific e-commerce licenses available in both Free Zones and Mainland jurisdictions.
What are the costs associated with business setup in the UAE?
Costs vary depending on the chosen jurisdiction, business activity, and license type. We provide detailed cost breakdowns during consultation.
Market Entry Support
How do I determine the market potential for my business in the UAE?
We conduct thorough market research and feasibility studies to assess market
potential and identify opportunities.
Can you help me find local partners or distributors?
Yes, we provide partner identification and due diligence services to connect you
with suitable local partners.
Can you help with cultural adaptation for my business in the UAE?
Yes, we provide cultural sensitivity training and guidance to ensure smooth integration into the local market.
What are the key market entry strategies for African businesses in the UAE?
Strategies include strategic partnerships, joint ventures, direct sales, and establishing a local presence.
How do you assess the competitive landscape?
We conduct thorough competitor analysis, including market share, pricing strategies, and product offerings.
Do you help with import and export regulations?
Yes, we provide guidance on customs procedures, import/export documentation, and regulatory compliance.
Can you help with creating a business plan for the UAE market?
Yes, we offer business plan development services tailored to the UAE market.
Banking & Financial Services
What documents are needed to open a corporate bank account?
Typically, you’ll need company registration documents, trade license and
passport copies
Can you assist with setting up payment gateways?
Yes, we help integrate secure and efficient payment gateways for your online
business.
Can you assist with trade finance solutions?
Yes, we facilitate access to trade finance services, including letters of credit and export financing.
Are there specific banking options for startups?
Yes, many banks offer specialized packages for startups with tailored services and benefits.
Can you help with foreign exchange transactions?
Yes, we provide guidance on foreign exchange transactions and help you secure competitive rates.
Can you help with setting up merchant accounts?
Yes, we assist with setting up merchant accounts for accepting credit and debit card payments.
What are the requirements for securing business loans in the UAE?
Requirements vary depending on the lender, but typically include a strong business plan, financial statements, and credit history.
Immigration & Visa Processing
What types of visas are available in the UAE?
We offer employment visas, investor visas, family sponsorship visas, and more
How long does the visa processing take?
Processing times vary, but we streamline the process to minimize delays.
Can you assist with visa renewals?
Yes, we manage visa renewals and ensure compliance with immigration regulations.
What are the requirements for a family sponsorship visa?
Requirements include proof of income, marriage certificate, and other supporting documents.
Can you help with obtaining a Golden Visa?
Yes, we provide guidance and support for Golden Visa applications.
Do you offer assistance with Emirates ID applications?
Yes, we assist with Emirates ID applications and renewals.
What are the medical requirements for a UAE visa?
Medical requirements vary depending on the visa type, but typically include a medical fitness test.
Compliance & Corporate Tax Support
What are the key compliance requirements for businesses in the UAE?
Key requirements include VAT compliance, corporate tax regulations, economic
substance regulations (ESR), and AML compliance.
Can you assist with VAT registration and filing?
Yes, we provide comprehensive VAT registration and compliance services.
What are the penalties for non-compliance with UAE regulations?
Penalties vary depending on the violation, but can include fines, business suspension, and legal action.
Can you provide ongoing compliance support?
Yes, we offer ongoing compliance monitoring and support to ensure your business remains compliant.
What are the requirements for Economic Substance Regulations (ESR)?
Requirements depend on the relevant activities, but typically include demonstrating economic substance in the UAE.
What are the requirements for AML compliance?
Requirements include implementing AML policies and procedures, conducting customer due diligence, and reporting suspicious transactions.
Can you help with corporate tax planning?
Yes, we provide corporate tax planning services to optimize your tax liability.
Free Zone & Mainland Company Formation
What are the benefits of setting up in a Free Zone?
Benefits include 100% foreign ownership, tax exemptions, and simplified
customs procedures.
What are the benefits of setting up on the Mainland?
Benefits include access to the local market, government contracts, and operational flexibility.
Can I conduct business outside the Free Zone with a Free Zone company?
Yes, but you may need a distributor or agent for Mainland sales.
What are the advantages of setting up a branch office on the Mainland?
Advantages include direct access to the local market and government contracts.
Are there specific Free Zones for certain industries?
Yes, many Free Zones specialize in specific industries, such as technology, media, and healthcare.
Can I convert a Free Zone company to a Mainland company?
Yes, conversion is possible, but it involves specific procedures and approvals.
What is a Local Service Agent (LSA) and when is it required?
An LSA is required for certain Mainland company setups and acts as a local representative.
Offshore Company Formation
What are the benefits of an offshore company?
Benefits include asset protection, international trade facilitation, and tax
optimization.
What jurisdictions do you recommend for offshore company formation?
We recommend jurisdictions based on your specific business needs and
objectives.
What are the ongoing maintenance costs for an offshore company?
Costs include annual fees, registered agent fees, and compliance fees.
Can an offshore company own property in the UAE?
Yes, in certain designated areas, offshore companies can own property.
What are the reporting requirements for offshore companies?
Reporting requirements vary depending on the jurisdiction, but typically include annual filings.
What is the purpose of a registered agent for an offshore company?
The registered agent acts as the official point of contact for the company and handles legal and administrative matters.
Can you help with opening an offshore bank account?
Yes, we assist with opening offshore bank accounts in reputable jurisdictions.
PR & Media Support
How can PR and media support benefit my business?
It enhances brand visibility, builds credibility, and strengthens your reputation.
Do you offer social media management services?
Yes, we provide comprehensive social media management and content creation
services.
Can you help with crisis communication?
Yes, we provide crisis communication planning and management services.
Do you offer media training for executives?
Yes, we provide media training to prepare executives for media interviews and public speaking.
Can you help with content marketing strategies?
Yes, we develop and implement content marketing strategies to attract and engage your target audience.
Do you offer influencer marketing services?
Yes, we provide influencer marketing services to leverage the reach of social media influencers.
Can you help with creating press releases?
Yes, we write and distribute press releases to announce company news and events.
Events Management
What types of events do you manage?
We handle corporate events, social events, exhibitions, virtual and hybrid events.
Do you help with venue selection?
Yes, we provide venue selection and management services.
Do you offer virtual event management services?
Yes, we provide comprehensive virtual event management services, including platform selection and technical support.
Can you help with event marketing and promotion?
Yes, we develop and execute event marketing campaigns to maximize attendance and engagement.
Do you provide on-site event management?
Yes, we provide on-site event management to ensure smooth execution and attendee satisfaction.
Can you help with post-event analysis and reporting?
Yes, we provide post-event analysis and reporting to measure event success and identify areas for improvement.
Do you help with sourcing event speakers and entertainment?
Yes, we have an extensive network of speakers and entertainment providers to enhance your event.