Residence in Dubai (UAE) through company registration
UAE has always been an attractive destination for people to live and work. With the recent announcements of the UAE government, with the introduction of new types of residence permits by the Immigration Department, you may consider the option of going and immigrating to the UAE.
If so, we're here to tell you everything you need to know about who can reside in the UAE.
Who can become a resident of UAE?
According to the General Directorate of Immigration of the UAE, foreign nationals can live as residents of the UAE if they:
Employed by a company in the UAE JOB OFFER In this case, the company will apply for your residence visa while you are in the UAE.
EMPLOYEE VISA
How is a Dubai residence visa issued?
A residence visa is issued to a foreigner who is already in the country after entering the UAE through an entry permit, short-term or long-term tourist or visit visa.
Once you arrive in the UAE with an entry permit, you need to start the visa application process. It is important to note that visa processing fees (which include the MEDICAL fitness test and Emirates ID fees) must be covered by the sponsor. If your sponsor is your employer, the company is legally obliged to ensure that it pays for the visa application process. If you are sponsoring family or a domestic worker, you must pay all expenses.
Dubai residence visa validity
The validity of residence visa varies depending on its type and sponsor. It can be for one, two, three, five or 10 years.
Residence in Dubai through company registration
The UAE has always been an attractive destination for living and working. With the recent announcements of the UAE government, with the introduction of new types of residence permits by the #Migration_Department and #Immigration, you may consider the option of going and immigrating to the UAE.
Types of long-term residence visas in the UAE
1. Employment by a company in the UAE as a
JOB OFFER, the company will apply for your residence visa while you are in the UAE
.
2. Golden residence visa for major financial investors with an investment of 5 to 10 million dirhams,
to apply for this type of visa, you either have to invest 5 to 10 million dirhams in cash and create employment or by presenting documents, certificates and awards and medals Introduce your internationals as a talent and elite.
GOLDEN VISA
3. Another type is obtaining a 3-year residence visa through self-employment and investment and company registration in the UAE.
In this way, you can register a company (limited liability) without needing to rent an office and get 3 ID cards for yourself and your family with the minimum cost and time of stay.
The costs of doing this work are different depending on the type of business license and the description of the company's activity (Activity) and the number of partners, and the process of doing it is 5 days.
INVESTOR VISA
4. Residence by purchasing a residential property with a cash investment of at least 750,000 dirhams. In addition to paying the aforementioned fee for the document registration process and payment of residence and ID card fees, the applicant
must be present in Dubai for about 10 days.
The duration of this type of stay is 3 years.
INVESTOR VISA
Please contact our lawyers and experts at ELIZIA GROUP for more information.
Registering the company and obtaining a family residence in the United Arab Emirates
Types of company registration licenses in the UAE
In general, company registration licenses in Dubai and other regions of the UAE are divided into 3 types
Professional license
Commercial
license Industrial
license
and law, accounting or consulting companies
A list of areas that require a professional license for UAE company registration
Areas that require a professional license to register a company in the UAE
Architectural and design consulting, accounting and financial
consulting, legal consulting and advocacy, educational services,
handicraft activities, medical
services, information technology services, management consulting
, printing and publishing services, beauty salons,
internet and online services, business consulting
The most important conditions for company registration in the UAE to obtain a professional license
Having 1 guarantor in the UAE, the
minimum number of investors is 1 person
Who is the guarantor?
A guarantor is a native person and a representative of your company when you are not in the UAE. Every year an amount must be paid to the sponsor account to support your business.
Although there is a guarantor in this method, 100% ownership of the company registration is given to the applicant. The guarantor's name is only mentioned in the contract, and it is not possible for this person to access the company's accounts. In the following, we answer some common questions in this method:
You should know an important thing about registering a virtual company in the UAE:
Despite registering a virtual company in the UAE, you must have a real address and location for the company. Renting an office or buying an office can be done by yourself or companies that provide these services.
Commercial License
By obtaining a commercial license, you can trade goods and sell some goods and services in the UAE.
Registering a company in the UAE using this license allows you to import and sell a wide range of goods into the UAE or export them outside the UAE. Trade in clothes, equipment, cars, etc. are among these items.
Using this license, you can even provide services such as buying and selling real estate in the UAE.
The type of company ownership in this method is 51% to 49%. In this way, your sponsor in the UAE has 51% ownership and you have 49% ownership of the company.
Of course, it is also possible to obtain 100% ownership of the company in this method. In this case, there is no guarantor, even in the contract.
Industrial License
Industrial license is for businesses that are active in the procurement, production and processing of goods. Industrial materials, oil and gas, food, pharmaceuticals, etc. are among these items.
Among the conditions of company registration in Dubai and other regions of the UAE in this method is that the type of ownership must be 49%-51%. This means that the sponsor or the representative of your company in the UAE has 51% ownership and you have 49% of it.
Considering that the type of activity is manufacturing and industrial, it is not possible to register a virtual company in the UAE using this license. That means you must have an office or a manufacturing plant in the UAE.
Company registration in the UAE
The number of company registrations in the UAE has increased significantly in recent years. The reason is the many benefits of registering and setting up a business in the UAE. The United Arab Emirates is one of the most developed countries in the region, whose high growth rate has provided a suitable environment for investment in the UAE, immigration and living in this country.
The conditions for registering a company in Dubai and other areas of the UAE have become simpler in recent years, and applicants can register their company and start working in the UAE after passing a few steps.
Company registration in the UAE and Dubai
This article is a comprehensive guide to company registration in the UAE in 2022. In the following article, we will examine the steps of company registration in the UAE, its cost, conditions and rules. Also, we got acquainted with the types of company registration programs and types of companies in the UAE, and then we take a look at the advantages and disadvantages of registering a company in the UAE.
Types of company registration licenses in the UAE
In general, company registration licenses in Dubai and other regions of the UAE are divided into 3 types:
Professional license
Commercial
license Industrial
license
and law, accounting or consulting companies
A list of areas that require a professional license for UAE company registration
Areas that require a professional license to register a company in the UAE
Architectural and design consulting, accounting and financial
consulting, legal consulting and advocacy, educational services,
handicraft activities, medical
services, information technology services, management consulting
, printing and publishing services, beauty salons,
internet and online services, business consulting
The most important conditions for company registration in the UAE to obtain a professional license
Having 1 guarantor in the UAE, the
minimum number of investors is 1 person
, relevant educational qualification, we are by your side
from consultation to residence
. Just fill out the consultation form.
Name and surname (Required)
Name and surname
Mobile number (Required)
Mobile number
جهت مشاوره و اخذ اقامت در امارات با ما تماس بگیرید
Who is the guarantor?
A guarantor is a native person and a representative of your company when you are not in the UAE. Every year an amount must be paid to the sponsor account to support your business.
Although there is a guarantor in this method, 100% ownership of the company registration is given to the applicant. The guarantor's name is only mentioned in the contract, and it is not possible for this person to access the company's accounts. In the following, we answer some common questions in this method:
You should know an important point about registering a virtual company in the UAE
Despite registering a virtual company in the UAE, you must have a real address and location for the company. Renting an office or buying an office can be done by yourself or companies that provide these services.
Commercial License
By obtaining a commercial license, you can trade goods and sell some goods and services in the UAE.
Registering a company in the UAE using this license allows you to import and sell a wide range of goods into the UAE or export them outside the UAE. Trade in clothes, equipment, cars, etc. are among these items.
Using this license, you can even provide services such as buying and selling real estate in the UAE.
The type of company ownership in this method is 51% to 49%. In this way, your sponsor in the UAE has 51% ownership and you have 49% ownership of the company.
Of course, it is also possible to obtain 100% ownership of the company in this method. In this case, there is no guarantor, even in the contract. We examine 3 important questions about company registration in the UAE using a business license below:
Industrial License
Industrial license is for businesses that are active in the procurement, production and processing of goods. Industrial materials, oil and gas, food, pharmaceuticals, etc. are among these items.
Among the conditions of company registration in Dubai and other regions of the UAE in this method is that the type of ownership must be 49%-51%. This means that the sponsor or the representative of your company in the UAE has 51% ownership and you have 49% of it.
Considering that the type of activity is manufacturing and industrial, it is not possible to register a virtual company in the UAE using this license. That means you must have an office or a manufacturing plant in the UAE.
In the following, we take a look at the types of companies in the UAE for registration. After that, we will check the cost of company registration, advantages and disadvantages and steps.
Types of companies to register in the UAE
General
partnership,
Limited partnership
,
Limited liability company (LLC),
Public joint stock company (PJSC)
,
Private joint stock company (PrJSC),
Civil company
,
Local company branch GCC
company branch
,
Foreign company branch, Free zone company branch,
Free zone company branch
, Non-stock company,
Sole establishment ,
Holding companies
Of course, it is not possible for Iranians to register all these companies. The best options for registering a company in the UAE for Iranians are these
Limited liability companies (LLC)
, joint stock companies (Civil Company) , non-stock
companies (Sole Establishment)
, LLC companies are in the Commercial business license category, and joint stock and non-stock companies are in the Professional license category.
The cost of registering a company in the UAE
The cost of registering a company in Dubai and other areas of the UAE varies according to various criteria and factors. The type of company, the type of license issued, the desired area to start a business, the number of partners, the choice of company name, etc. are among these criteria.
In general, the average price of company registration in the UAE in 2021 can be considered as these figures:
The cost of registering a company in the UAE
The minimum and maximum costs are 8-20 thousand US dollars,
30-73 thousand UAE dirhams
, sponsor fees, address registration, company registration license, attorney's fees are also considered in the high price.
There are also other costs for going to the UAE and setting up a company in this country, the most important of which are listed below.
Type of service US dollar USD UAE dirham AED
Obtaining a tourist visa 95 USD 350 DH
3-year stay in the UAE 326 USD 1200 DH
Change of visa type 183 USD 675 DH
Emirates ID card 103 USD 378 DH
Medical tests 87 USD 322 DH
Visa stamp 236 USD 870 DH
Total 947 dollars 3438 dirhams
To start a company in the UAE, you must first go to this country with a tourist visa. After going through the legal procedures and obtaining permits, your visa will be changed to an Investor visa or a Partner visa.
Usually, these steps (the whole process of registering the company and obtaining the residence of the managers) are done with us and in Eliza Group in less than 1 week, and you can be present and engage in activities as a resident citizen in the entire UAE after registering your company.
Advantages and disadvantages of company registration in UAE
UAE can be considered as the best Arab country to register a company. The rapid economic growth and the existence of numerous opportunities for investment and business activity have provided a very suitable environment for various businesses.
The benefits of registering a company in Dubai and other areas of the UAE are many!
No need for a language certificate,
no need for an education degree (except for some jobs and areas of professional license),
no need to have a company in advance,
no need to have an insurance employee , the
possibility of doing up to 10 business activities with 1 license or company registration permit (provided that in be a group)
without specific age restrictions: people between 18-60 years old can apply.
The possibility of obtaining residence in the UAE for the spouse and children
, having the right to study and health insurance in the UAE
, obtaining a 3-year residence in the UAE with the ability to extend it indefinitely
, the possibility of issuing a job offer and attracting labor from outside the UAE (even Iran) after starting work,
a very short process. From the action stage to the start-up stage
Looking at the conditions for starting a business in Arab countries and Persian Gulf countries, we can conclude that the United Arab Emirates has the best conditions for registering and starting a company.
In fact, by comparing the UAE with other countries in the region and its advantages, the disadvantages of registering a company in the UAE are not so noticeable.
Procedures for company registration in the UAE
After checking your conditions, you should go to the UAE on a tourist visa. After going through the legal process of issuing a company registration license, you can start working in this country. Below is a summary of the steps to obtain UAE residence by registering a company:
The first step: reviewing the case and traveling to the UAE.
The steps for registering a company in the UAE: The first step: reviewing the case and traveling to the UAE .
The second step: Issuing a company
registration
license. It takes less than 1 week. During this period, the person's presence in the UAE is mandatory.
Dubai Economic Development Organization DED (Department of Economic Development) is a government agency in the UAE. The application for company registration in the main areas of the UAE (Mainland) and the issuance of the company registration license are carried out by DED.
Company registration documents in Dubai and UAE
In the first stage, the applicant or applicants must send the high quality scanned image of the following documents to our experts at ELIZIAGROUP:
Passport, ID, national card, personal photo after obtaining a tourist visa, the documents are compiled for APROVAL and obtaining the approval of the federal administration and An economic action is taken. After issuing the initial permit, the applicant or applicants must apply to be in Dubai (preparation of plane tickets and hotels for 5 to 7 days)
After issuing the necessary permits, we will apply for the investor or partner visa for the applicant or applicants (up to 3 people).
Documents required for company registration in Dubai and UAE
Copy of company license,
copy of passport ,
copy of tourist visa,
company license,
lease (in case of physical company registration),
company statute,
photo with white background,
original ID card of sponsor (if any)
, Iranian national card
It is reminded again that all the aforementioned services were provided by our lawyers and experts in Elysia Group in a special and VIP manner and in less than a week, and you can contact the following lines and register your request on the site or send a direct message on the Instagram page. Contact us at @dubaiinfarsi
جهت مشاوره و اخذ اقامت در دبی با ما تماس بگیرید
Contact numbers:
09125275120 ,
09354785014 ,
09192130703,
00971524723169.
Address: Tehran-Medan Venk-Gandhi Shamili St.-Nobash Sharifi-Plak 9
Email:
eliziagroup@gmail.com