We know that taking the step to move to Dubai raises many questions. Our team of experts in Dubai answers the most common ones:
1. Can I start a business in Dubai if I am not a resident?
Yes. You do not need to be a resident to start a business in Dubai. In fact, many foreign entrepreneurs first set up their company and then obtain residency through that same company.
2. What are the specific tax benefits of setting up a company in Dubai?
The main benefits are: 0% personal income tax, 0% on dividends and capital gains, and a 9% corporate tax rate only applicable to profits over AED 375,000 per year.
3. What is the difference between a company in a free zone and one on the mainland?
Companies in free zones can be 100% foreign-owned and enjoy tax advantages. Companies on the mainland can operate freely throughout the Emirates, but require greater regulatory compliance.
4. Do I need to travel to Dubai to open my company?
In most cases, it is not necessary to travel. We can manage the process remotely, although physical presence may be required at certain stages (such as opening a bank account).
5. What is the minimum capital required to open a company in the Meydan or in the IFZA Free Zone?
In the Meydan Free Zone, there is no minimum paid-up capital requirement, although you do need to declare a nominal share capital, usually starting at AED 10,000.
6. Can I have 100% foreign ownership of my company?
Yes. In free zones such as Meydan or IFZA, foreigners can have 100% ownership without the need for a local partner.
7. How long does the entire process of setting up a company take?
The incorporation can be completed within 5 to 10 business days, depending on the type of license and the documentation provided.
8. How can I obtain residency in Dubai after setting up my company?
Once the company is incorporated, you can apply for a residency visa as an investor or administrator. We manage the entire process, from the eVisa to the Emirates ID.
9. How long is a residency visa valid for and how is it renewed?
Residence visas are usually valid for 2 years (3 or 10 years in the case of Golden Visas). They can be renewed as long as the requirements for activity and presence in the country are met.
10. What personal taxes are paid in Dubai?
None. Dubai does not levy income, wealth, inheritance, or dividend taxes on individuals.
11. Is there corporate tax in Dubai?
Since June 2023, a 9% tax has been applied to annual net profits exceeding AED 375,000 (approximately US$100,000). Below that threshold, the rate is 0%.
12. What is the Golden Visa and how do you obtain it?
It is a long-term residence visa (5 or 10 years) aimed at investors, entrepreneurs, qualified professionals, and exceptional talents. It requires meeting certain economic or professional criteria.
13. Do I need a physical location in Dubai to operate legally?
It depends on the type of company. In free zones, you can operate from a virtual or registered physical space. We offer legal domiciliation in accordance with current regulations.
14. What are the requirements for domiciling a company?
You must have a valid physical address within the free zone or on the mainland. We provide you with a registered address to comply with licensing requirements.
15. Can I move an already established company to Dubai?
Yes. There are legal mechanisms for redomiciling foreign companies or establishing subsidiaries in Dubai. We help you choose the best option based on your situation.
16. How does the banking system work for non-residents?
It is possible to open bank accounts in Dubai without being a resident, although the process is easier once you have obtained a visa. We facilitate contact with banks that work with international clients.
17. Is it mandatory to hire employees in Dubai?
Not necessarily. You can set up a company without employees if your activity allows it. Some licenses require the hiring of at least one employee or director.
18. What is the average annual cost of maintaining a company?
The cost can vary, but in general it ranges from €5,000 to €10,000 per year, including license, legal address, accounting, and other basic administrative services.
19. Can I open a business bank account from abroad?
Yes, but banks may require a face-to-face interview. We offer support to facilitate both remote and in-person account opening.
20. What documentation do I need to open my company?
Passport, basic business plan, proposed trade name and, in some cases, background check or bank references. We guide you step by step.
21. Is Dubai a good option for digital startups?
Absolutely. Dubai offers tailored licenses, competitive taxation, zero taxes on initial profits, and a dynamic business ecosystem for tech startups.
22. How can I ensure international tax compliance?
With proper and transparent tax planning. We help you structure your company in accordance with applicable double taxation treaties and tax residency rules.
23. What happens if I spend a lot of time outside Dubai?
If you have a residence visa, you must enter the country at least once every 180 days to maintain your resident status.
24. What double taxation agreements does Dubai have with my country?
Dubai (UAE) has agreements with more than 130 countries to avoid double taxation. Contact us and we will help you confirm whether your country is included and how to apply the treaty.
25. How can you help me throughout the process?
We take care of everything: company formation, obtaining licenses, residence visas, opening bank accounts, tax advice, and more. We offer a turnkey service, 100% in English.
Wishing to live in Dubai?
Contact Advantia International for a free initial assessment and find out how to obtain residency in Dubai with the support of
an expert team in visas in the United Arab Emirates and with full assistance in English throughout the process.
