FAQ’s
You can set up your business in three leading jurisdictions:
– **Mainland**: Allows operations across the UAE and international markets.
– **Free Zone**: Offers 100% foreign ownership and tax benefits but limits trade within the Free Zone.
– **Offshore**: Ideal for international business; does not allow physical office space in the UAE.
The process typically takes **1 to 4 weeks**, depending on the type of company and required approvals. Some Free Zones offer fast-track setup within a few days.
Yes, 100% foreign ownership is allowed in Free Zones and for certain businesses on the Mainland, depending on the industry and licensing requirements.
The cost varies based on jurisdiction, business type, and office requirements. Estimated costs:
– Free Zone: **AED 10,000 – AED 50,000
– Mainland: **AED 15,000 – AED 100,000
– Offshore: **AED 10,000 – AED 20,000
Not necessarily. **Certain business activities** allow 100% foreign ownership, while others may require a **UAE national as a local service agent** or shareholder.
The standard documents include:
✔ Passport copies of shareholders & directors
✔ Business name approval certificate
✔ Memorandum of Association (MOA)
✔ Proof of business address (Ejari or office lease)
✔ Visa & Emirates ID (for UAE residents)
– **Mainland**: Requires a physical office or co-working space.
– **Free Zone**: Some allow virtual offices, but most require a dedicated workspace.
– **Offshore**: No physical office required.
Yes.
VAT registration is **mandatory** if your business revenue exceeds **AED 375,000 per year.
Yes! Once your business is licensed, you can apply for **investor visas, employee visas, and dependent visas** under your company.
At WISE Corporate Services, we provide end-to-end assistance for:
✔ Company formation (Mainland, Free Zone, Offshore)
✔ Trade license & visa processing
✔ Corporate banking & taxation compliance
✔ PRO services & ongoing business support