PROCESS OVERVIEW
UAE Company Formation
Important factors
In Dubai, the choice of company type depends on factors such as the number of owners, their citizenship, and the location of establishment. The form and location of the company will determine the activities that can be carried out, taxation, the duration, and cost of processing.
Company formation
When selecting the company form, we tailor it to your unique needs. In general, companies established in free zones have the advantage of relatively quick processing, and foreign nationals can be 100% owners. The processing time is approximately 2 months.
Visa application
Owners of companies established in Dubai are eligible for a 2-year visa. With the residency permit, one can enjoy all the benefits of Dubai, such as a local ID, bank account, or favorable loan structures for property purchases. The visa is extendable multiple times.
Ativity and Name Selection
Commercial License
Company registration
Opening a bank account
Visa application
BENEFITS OF DUBAI COMPANY FORMATION
Benefits of UAE company
Business Hub
The UAE offers world-class infrastructure, a robust banking system, and pursues an explicitly business-friendly policy. Dubai is an outstanding commercial and economic center where global brands are well-represented.
Tax benefits
Unique tax environment: For companies in free zones, 0% VAT, 0% personal income tax, and 0% dividend tax are applicable. Corporate tax is 9% on profits exceeding 375,000 AED.
Visa application
Company owners can fully enjoy life in Dubai upon acquiring a visa. They can open bank accounts and avail themselves of the healthcare or education system.
Loan application
It is possible for foreigners to apply for a loan for real estate investment in Dubai. However, a 50% down payment is required, and a relatively high interest rate (6-7%) is applicable. If you obtain your visa through company formation before real estate investment, you can apply for a loan with a lower down payment and lower interest rates.
Costs
The cost of establishing a Dubai company ranges from 20,000 to 40,000 AED ($5,445 to $11,900), depending on various factors as mentioned above. In addition, the visa cost is approximately 3,000 to 5,000 AED. In summary, you can establish a Dubai business with a cost of around $820 to $1400, leveraging all the above advantages.
ADVANTAGES WITH AN ENTREPRENEUR VISA
Real Estate Investment
Favorable Loan Conditions
As an entrepreneur with a visa, you can not only open a local bank account but also apply for a loan under favorable conditions. With a down payment of only 20-30%, you can purchase the desired property with an interest rate of 3-4%.
Smaller Investment
With the available funds, you can purchase multiple properties for investment purposes. The income generated from the utilization of these properties can not only cover the costs of the loan but also yield greater profits.
Dubai Real Estate Investments
You can choose a property with a lower price range, generating regular income from renting, or opt for an off-plan property with a 30-40% value increase upon completion.
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