Eligibility to apply for Tax Residency Certificate subject to Double Tax Treaty
UAE Residence Visa Eligibility
Ability to acquire real estate in UAE
A unique opportunity to do business in any field in the UAE and abroad
A mainland company in Dubai is one of the most lucrative options to be considered while planning a business formation in UAE.
Mainland Company in Dubai is an onshore company which can carry out its business activities in the local market of Dubai, in any other areas of United Arab Emirates and outside UAE. There is no restriction on the scope of its business in case of commercial and professional licenses. This is is the fastest option to grant you UAE residency for the purpose of opening a bank account in the UAE.
Although, the legal formalities and registration process for starting a mainland company may seem challenging, collaborating with the right business consultants will make the process much easier. Consulco team members have long years of experience in helping entrepreneurs across the globe in setting up a business in Dubai. With right support and guidance mainland company setup in Dubai will be a highly rewarding choice for your business future.
More than 45 different Free Zones are located in the UAE, accordingly, we can recommend the right Free Zone, depending on business conditions, visa and office requirements, and, certainly, investment budget. Business Setup Experts at Consulco always carefully consider all factors to recommend the best place to register your business in the UAE to enable its economic growth.
Registration of a commpany in a free zone
More than 45 different Free Zones are located in the UAE, accordingly, we can recommend the right Free Zone, depending on business conditions, visa and office requirements, and, certainly, investment budget. Business Setup Experts at Consulco always carefully consider all factors to recommend the best place to register your business in the UAE to enable its economic growth.
Free international activity, wholesale trade in the UAE through distributors
Advantages:
100% foreign ownership
No requirement to have a local partner and agent
Dual licensing
No restrictions on hiring foreign employees
100% import and export tax exemption within the Free Zone and outside GCC countries
Offshore free zone company is a company registered in a free zone, but, unlike the free zone onshore company, all the activities of free zone offshore company must be outside of UAE only (with exception of purchase of real estate in UAE and holding of shares of other companies in UAE).
An Offshore company can have bank account in Dubai, but can not have real office in UAE nor obtain UAE residency.
One of the most popular options for immigration to the UAE is through company registration. A residence permit is issued for 2 years and can be repeatedly extended while the company exists. To maintain the status of a UAE residency, shareholders, employees, and family members do not need to permanently reside in the country, however, they need to visit the UAE every 180 days in order to maintain their status. Exceptions may be granted to shareholders in case they do not visit twice a year, proof of a valid reason should be provided.
UAE residency visa
Residence permit in the UAE can be obtained on various grounds - through investment in real estate, starting a business and employment. Resident visas can also be issued by relatives of foreigners: spouse / ha, minor sons and daughters under 21
Visa through company formation
UAE residency visa by real estate investment
SHAREHOLDER/MANAGER/EMPLOYEE
A residency visa can be obtained for through the purchase of real estate in full ownership, including mortgages. It is allowed to buy residential properties, completed and/or off-plan. First, the applicant buys the property and then applies for a visa. Residing in the UAE is not obligatory. No requirements for Golden Visa holders to visit the UAE to keep the visa valid, however, for 2 years investors visa, twice a year visit to the UAE is a must to maintain their status.
Amount of investment
Validity of the visa with automatic renewal as long as the investor owns the property
Real estate requirements
2 years
750 000 AED
Golden visa for 10 years
Visa for 2 years
2 000 000 AED
Freehold residential properties, not permitted with an off-plan property. Commercial properties are also not eligible
10 years
Freehold real estate completed or off-plan properties from a list of approved local real estate companies
Validity of the visa with automatic renewal as long as the investor owns the property
Real estate requirements
Bank account opening
Meeting with the bank at the branch is required.
For UAE banks, the monthly average balance starts from 50k AED to 500K AED, this depends on which bank you will apply to.
The United Arab Emirates is well known for its famous banking industry and the high level of privacy the banks provide their Customers. At Consulco, we have strong professional banking consultants for business accounts Free zones and Mainland throughout the Emirates in the UAE.
Corporate Accounts - Initial requirements for all banks
Personal accounts
Corporate Accounts
Incorporation documents including office lease agreement (Ejari)
Physical presence of resident signatory is a must
Source of Income/ source of funds and 6 months bank statements of all shareholders
Company profile/Business plan and expected turnover
Passport copies of the shareholders including / UAE Emirates ID and address proof in the UAE (2 months Utility bills)
We will provide you with the best solution for organizing your business in the UAE
Relocation Manager (Cyprus – UAE)
consulco.com
Olga Isser
Why the UAE
High quality of life
Living in the UAE is a feeling that no other country can offer. Here there is a position of the Minister of Happiness well-being, the UAE ranks high in the ranking of countries in the world in terms of happiness
Medical service
As you know, medicine in the UAE enjoys reputation as one of the best in the world. In fact, there are 181 doctors for every 100,000 residents. The UAE has modern medical centers and equipment. The high level of medicine is obviously the reason for the active development of medical tourism in the country.
Personal and family safety
The UAE is ranked second in the ranking of the safest countries in the world. This rating, in which 134 countries participated was compiled by Global Finance magazine in 2021 The UAE has a vibrant expat community from all over the world offering a variety of activities, clubs and networking opportunities.
The UAE has modern medical centres and equipment. The high level of medicine is obviously the reason for the active development of medical tourism in the country.
Consulco
Working since 1993
- HighIy experienced
in what we do
Offices in Cyprus, Uk and United Arab Emirates
Excellent knowledge of UAE legislation and procedures
Employees аге fluent in Russian, English, Tagalo, French, Arabic and Greek
A team of highly qualified lawyers
Consulco Limited, Administrative Service Provider License, dated 3/11/2014, #100/196
Consulco Arabia FZ - LLC, Registered Agent License, United Arab Emirates, dated 10/25/2009, No. 0041
Consulco Capital Limited, License to Manage Alternative Investment Funds dated December 30, 2014, No. AIFM05/56/2013
UAE's Leading Business Setup & Company Formation Company in Dubai
Consulco works closely with all Government authorities, free zones, leading real estate agencies, UAE banks, Immigration firms, law firms, audit firms and tax advisors.
Consulco has fully-fledged offices in the United Arab Emirates since 2009 One-stop solution for investors and entrepreneurs