Residence permit in UAE

RESIDENCY IN THE UNITED ARAB EMIRATES BY BUSINESS INCORPORATION

Living in the United Arab Emirates (UAE) is an experience like no other.

Home to a wide range of nationalities, a nightlife to rival London and New York and absolutely zero income tax, the Gulf nation has plenty to offer.

The easiest way to obtain UAE residency is by company incorporation in the Emirates and a license to do business in the UAE.

Advantages of UAE residency

Tax residency – The UAE is a “tax haven”. It imposes no taxes on tax residents and businesses
Residency for your whole family – Residency is issued for 3 years right off. Together with the main applicant, residency is extended also to family members: the applicant’s spouse and children under 18
No requirements to live there – UAE residency does not oblige you to permanently stay in the Emirates, nor do you have to conduct company business
The ability to open bank accounts and buy real estate – Holders of UAE residency can buy real estate in Dubai and other cities, as well as confidentially open bank accounts in reliable global banks

UAE residency through registering a company is the easiest and most widely accessible form of residency.

Conditions for receiving UAE residency

Residency in the UAE can be obtained on the basis of having a business in the UAE, i.e. a company registered in the UAE in the name of the applicant(s) and having a license to do business inside the UAE.

THESE LICENSES EXIST IN THREE CATEGORIES:

Commercial
Services
General Trading

The most widespread license category for a legal entity for those who want to obtain UAE residency is General Trading, as only this license is set up to offer residency to company owners in a number up to 3 persons.

Often people wanting to obtain UAE residency are guided only by this criterion, and they don’t think about the activity that their registered legal entity will actually carry out. Making the right choice of license for the registered legal entity, so that you can ensure you keep your residency and can do business without problems, should be your first concern with registering a company.

Costs to register a company in order to obtain UAE residency

COMMERCIAL – license – for up to 3 kinds of goods

TOTAL:

€ 20,450

extensions starting from year 2 € 8,450

Cost of registration, virtual office, obtaining a license, administrative services – € 9,950
Fee for residency visa, medical – certificate, Emirates ID – € 5,500
Professional consultant – services – € 5,000

2 visas are included, additional visas for all dependents possible.

CONSULTING – (services) license – up to 2 kinds of services

TOTAL:

€ 20,450

extensions starting from year 2 € 8,450

Cost of registration, virtual office, obtaining a license, administrative services – € 9,950
Fee for residency visa, medical – certificate, Emirates ID – € 5,500
Professional consultant – services – € 5,000

2 visas are included, additional visas for all dependents possible.

GENERAL TRADING – license – unlimited number of kinds of goods

TOTAL:

€ 22,450

extensions starting from year 2 € 10,450

Cost of registration, virtual office, obtaining a license, administrative services – € 11,950
Fee for residency visa, medical certificate, Emirates ID – € 5,500
Professional consultant services – € 5,000

3 visas are included, additional visas for all dependents possible.

Documents you’ll need

A copy of your passport (which must be valid for at least six more months from the time you submit your documents for a visa)
A copy of previous UAE visas (if any)
A utility bill no older than 6 months
A passport photo with a white background
The full names of your parents
Your address in your country of residence
Your address in UAE(if any)
Your contact details(e-mail and telephone number)
A resume setting out your experience (only for services/consulting license)

Who can obtain UAE resident status?

THE MAIN APPLICANT(S) (MUST BE OVER THE AGE OF 18)
THE SPOUSE AND UNDERAGE CHILDREN OF THE MAIN APPLICANT(S)

Steps in registering a company and obtaining resident status.

The client provides all necessary documents and details
Our experts prepare the registration forms for the client to sign
The client signs the registration forms and sends them to us by courier so that we can submit a set of documents for registering the company
The company is registered (takes up to 3 days)
The client submits the documents for obtaining an immigration card and visa (Entry Permit)
A decision is awaited on obtaining an immigration card and visa (Entry Permit), which takes 15–20 days
The client receives a copy of the visa, while the UAE border officials at the arrival airport receive the original of the client’s visa
Arrival in the UAE to: – Have the visa inserted into your passport; – Undergo a medical examination in order to receive a certificate of health; – Submit documents for the Emirates ID.

Note:

The Entry Permit is valid only for 60 days from issue, and to receive UAE residency you must travel to the UAE while the Entry Permit is still valid.
For your visit to the UAE, you must schedule at least 5 working days.
To retain your residency, you must visit the UAE at least once every 180 days.
Residency is issued for three years right off.
To retain your resident status, your company’s registration must be renewed on an annual basis.