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Frequently Asked Questions
How long does it take to set up a company in Dubai?
The timeframe can vary depending on the complexity of your business setup but typically takes between 1 and 4 weeks with efficient assistance.
Do I need a visa to work in Dubai?
Yes, if you plan to live and work in Dubai, you’ll need a visa. Shuraa India can assist you in obtaining the necessary visas for yourself and your employees.
Can I open a corporate bank account online?
While some banks may offer online options, opening a corporate bank account often involves in-person meetings and document submission. Shuraa India can guide you through this process.
What are the tax implications for businesses in Dubai?
Dubai offers a tax-friendly environment. There is typically no corporate tax for profits below AED 375,000 and free zones.
Documents Required for Company Formation in Dubai
- Passport copies of all shareholders and directors
- Passport-size photographs
- Emirates ID (if applicable)
- Visa copy (if applicable)
- Proof of address (e.g., utility bill)
- No Objection Certificate (NOC) from current sponsor (if UAE resident)
- Business activity description
- Proposed company name(s)
- Memorandum and Articles of Association (MOA)
- Application form from the chosen Free Zone or DED
- Bank reference letter (in some cases)
- Board Resolution (for corporate shareholders)
- Trade name reservation certificate
- Initial approval from relevant authority
- Lease agreement or office space details