Opening a business in Dubai, UAE, should not take you quite a week once you’ve arranged all your legal procedures. The guidelines and policy for each of these vary consequently and the categorization depends on the proprietary rights of the firm. If you are a foreign national, you might need to go for a Dubai Freezone Company Setup license, if you need 100% ownership of your business. However, before you begin your legal formalities, you would like to think about some components required in the process are:

Sole Ownership 

A sole ownership organization is a legal entity managed and owned by one person. She/he will be in complete control over the management and profits, although being 100 % liable for the business’s debts or the other monetary obligations.

Things to understand

• A business or trade kind sole ownership can be held only by UAE or GCC nationals.
• The proprietor of a consultancy kind of sole ownership should have a logical aptitude for the activity preferred.
• A sole ownership organization can have just a single director.
• The trade name must be associated with nature the business.
• Sole ownership has no least condition for business capital.
• The Company Setup Dubai and its branches can be sold but the business or trade type of company can only be sold to UAE or GCC nationals.
• Sole ownership will have branches, which might complete all activities integrated with a license of the parent organization.

Dubai is one of the most sought places by entrepreneurs who want to do a business setup in 2020. And traveling to other countries requires a visa before the boarding of the flight. Also, sometimes you get a visa on arrival. And then there are various different types of Visas that you should know about. Acquiring a visa is not a complicated process if you have the right guidance.

In this blog, we will explain all the necessary points that you should remember before applying for Dubai Visa.

Do you need a Visa?

Residents from some selective countries like USA, UK, etc. are eligible for visa on arrival in the UAE. If you are a passport holder of any of the GCC countries then you do not need a UAE visa to visit Dubai. You just have to show your GCC national passport at immigration and you will be granted entry on the spot.

Acquiring a UAE visa grants you access to all the emirates of UAE like Dubai, Abu Dhabi, Umm AL-Quwain, etc.

What are the different types of Visas?

Which type of visa you need solely depends on the reason you are visiting Dubai. The varied types are as follows:

• Visa for visit
• Residential visa
• Dubai tourist visa
• Investor Visa
• Employment visa
• Freelance visa
• Multiple-entry visa
• Transit visa for 96-hours
• Long-term visa for 90 days or short-term visa for 30 days
• Domestic help visa

What are the essential documents?

The following are the different documents that must be presented by you i.e. the visitor while applying for Dubai Visa services:

• The first page, last page and the visa pages of your passport
• The first page, last page and the visa pages of the guarantor’s passport
• Your Emirate ID
• Your passport-sized photograph in a white background
• Your passport with a minimum validity of 6 months
• If you are a spouse then it must be mentioned in the passport.
• Sometimes you need a cash deposit of AED 5,000

How much will your Dubai Visa cost you?

The cost of acquiring the visa also depends on the type of visa you have applied for. The minimum cost that you have to pay for acquiring Dubai Visa is AED 200. If you are to cancel your Dubai Visa, it will cost you around 110 AED.

Before setting up a business in Dubai, you should understand the basic process of acquiring a Visa for Dubai UAE. EBMS will guide you through all the processes so that your business setup process goes smoothly.

Dubai is becoming one of the hottest business setup hubs in the world but it is not an easy task to set up a business in UAE Dubai. Entrepreneurs should always seek the help for business consultancies, business setup service providers and corporate advisory firms when setting up a business in Dubai because of the features they offer.

The following are the reasons why it is recommended to hire a business startup consultant in Dubai:

1. Legal formalities and licensing

Before starting a business, you have to deal with all the legal formalities such as registration and licensing. As the consultancy firm is familiar with all these formalities they can ensure that your business setup process in Dubai will go smoothly and hassle-free. The business setup consultants in Dubai will help you in understanding all the risks and exposers related to any legal form or document and will also help you in expanding your horizons.

1. Laws, regulations and ownership

You will need professional advice when setting up a business in Dubai because UAE is distinctively divided between the onshore sector and offshore sector company Registration in Dubai UAE. Onshore sector is dominated by local business interests and has restrictions on foreign ownership. Offshore sector consists of a number of free zones each with its own rules and regulations.

1. Finding the ideal location

Deciding the market for your business is one of the important steps and business setup consultant firms pride solutions with the help of economic feasibility studies. They will help in doing background research on the location and will focus on marketing environment providing information that will help you in effective decisions.

1. Value added services

Some of the business consultancy services offer value added services like opening of corporate bank account, license amendments, visa services, company logo registration and more which will ease your work

1. Strategic government partnership

Government relationship will be needed while forming any type of business in Dubai and hence business consultant who already are well versed with all sorts of government agencies like Department of Economic Development (DED), Dubai Land Department (DLD), Ministry of Economy or Dubai Municipality, etc. The consultant will act as a liaison between your business and the related government body.

EBMS will help you in setting up a business in Dubai as we are experts in our field. Reach us to know more.