- FAQ

FAQ

What are the benefits of opening a company in the UAE?

keyboard_arrow_down

Establishing a company in the UAE offers benefits such as low taxation (no income tax and profit tax under 375,000 AED), 100% foreign ownership in free zones, a fast process, global access, and modern infrastructure. It also provides economic stability, the possibility of obtaining residency, and low employee costs.

How long does the entire process take?

keyboard_arrow_down

In most cases, company formation takes up to 4 working days, and obtaining the visa and Emirates ID takes up to 10 working days. The process is fast and efficient, with minimal documentation requirements, especially in free zones where bureaucracy is reduced and approvals are expedited.

What are the company formation costs in the UAE?

keyboard_arrow_down

The costs of setting up a company in the UAE vary depending on the type of business and the chosen location. Generally, prices start from 12,000 – 20,500 AED (3,200 – 5,600 USD) for a company in free zones and can exceed 30,000 AED (8,000 USD) for mainland companies. The costs include the business license, registration, visa, and other administrative fees.

Do I need to be present in the UAE to open a company?

keyboard_arrow_down

No, physical presence is not required to open a company in the UAE. The process can be carried out remotely through registered agents such as Business Arena. However, for opening a bank account, some banks may require a physical visit for verification and signatures.

How long does it take to open bank accounts?

keyboard_arrow_down

Opening a bank account in the UAE can take between 2 hours and 6 weeks, depending on the type of company, the chosen bank, and the documents provided. Banks require strict KYC (Know Your Customer) checks, and in some cases, a physical presence may be required. Business Arena offers support throughout this process, and proper documentation preparation can speed up approval.

Got a question? Find the answer here!

Find clear and concise answers to your frequently asked questions. We help you quickly and easily get the information you need.

Do you have another question?

Programează o întâlnire

east

Book a meeting

arrow_forward