FAQ's
Process to open the company depends upon the jurisdiction of the proposed company. So the first step of opening the company is to decide 'Where to open'. No worries, we are here to help you.
Complexity of the company formation depends on the activity which you are planning to do. For some of the activities, license can be obtained in less than 1 hour.
Currently, there are more than 40 Freezone in UAE. Each Freezone has its own advantages and disadvantages. We recommend the preferred jurisdiction after carefully analyzing the proposed business plan.
100% shareholding for expatriates are allowed in all the Freezones. As per the recent regulations, most of the activities in Mainland also available for 100% expatriate shareholding.
A Limited Liability company can be opened with single shareholding.
Physical presence of the Shareholder / Manager is not required for most of the jurisdictions for Company Formation. However, they may have to be available physically for bank account opening purpose.
Yes, you can open the company even if you are working in another UAE company. No objection letter is not required for most of the jurisdictions.
Yes. House wife visa holders can be the shareholder of a company.
Capital of the company to be decided based on the proposed business plan. Deposit of the capital amount into the bank account is not mandatory in most of the jurisdictions in UAE.
Corporate shareholders are allowed for most of the activities. In order to check the eligibility, we need to look at the business activity.
Eligibility of visa depends upon the jurisdiction and the license package you are opting for. Practically, any number of visas can be taken as long the business demands. However, the requirement of the visa eligibility to be complied as per the relevant jurisdictions.
Yes, one person can own shares in multiple companies. However, his visa will be connected to only one company.
No. Each Freezone has its own advantages and disadvantages. You need to choose the jurisdiction based on your business plan. For example, fenced Freezones will have the advantage of keeping the stock without paying customs duty, others Freezones don't have that advantage.
No. List of activities have slight differences based on the rules and regulations of each Freezone.