Frequently Asked Questions

Clear answers for UAE company formation, residency, banking and LEAP’s end-to-end support. This page is structured so new questions can be added over time.

Can I set up my Dubai company without physcially visiting?

The simple answer is YES. It is possible to complete everything remotely, until such time your Visa requires processing and your Bank opening. However, with the addition of a Power Attorney, we can have your bank account open remotely too

How long does it take to set up my Dubai company?

From start to finish, it would typically take anywhere between 1 to 3 weeks, depending on jurisdiction and structure. We have seen this process complete in as little as 48hrs!

Can we handle multiple shareholder structures?

Yes, including complex cap tables and multi-party agreements. This is something we actually enjoy!

Is it possible to switch from Free Zone to Mainland later?

Yes, this is possible. It requires a formal restructuring. We would therefore advise that its better to get it right the first time

Does Mainland Company mean you must have a local partner?

No, most sectors now allow 100% foreign ownership, even in the mainland

Which is cheaper, Free Zone or Mainland?

Free Zone setup costs are often lower, but mainland can be more cost-effective over time, specifically for UAE-facing trade

Can I qualify for a Golden Visa through my new company?

The ruling for a Golden Visa via Investment does allow you a to be eligible, however, there are conditions that must be met, structurally and financially. This is something which would be key discussion point at the time of formation

How does a Dependents Visa affect my ability to work?

This depends on the type of sponsor. We would advise you on any constraints before you commit to the company structure

How long does it take for visa processing?

Typically, the process has several steps, and your intent to arrive to the UAE contributes to the duration it would take. However, upon submitting your documents, we can complete the process in as little as 5 days.

Why do UAE banks reject applications so often?

Usually, this is as a result of poor preparation and a lack of clarity within the application itself. The key points are that a clear source of funds demonstration, correct company structure and business activity is what makes the application strong

Can I open a bank account before actually arriving to the UAE?

Some banks do allow this, however, most banks prefer an in-person meeting

How long does it take to open a bank account?

Digital banks can have you using your account within 48hrs, High Street banks can take longer. Generally, we would say between 1 week, to several weeks in more complex applications

Do all UAE companies need to pay Corporat Tax?

Most do, however, Free Zone entities can qualify for 0%, on qualifiying income under certain conditions

Is there a minimum threshold before tax applies?

Yes, businesses below the relevant revenue threshold may be exempt on certain income

Can you handle bookkeeping and tax together?

Yes, both can be managed under one engagement

What is the difference between a regional director and nominee director?

A nominee typically has no involvement. Our regional directors are briefed, accountable and actively engaged with agreed reporting

What authority does the director have over my company?

This is defined precisely in a director services agreement before appointing. Therefore you would decide this