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Which is the best setup—Mainland, Free Zone, or Offshore?
If your business is focused on the UAE market, the Mainland requires a local sponsor to operate. Free Zones offer tax incentives and allow 100 percent foreign ownership. For international trade and asset protection, Offshore is the ideal setup.
How long does it take to get a business license?
A Free Zone business license usually takes 7 to 14 days. Business licenses for the Mainland tend to take longer because of additional approvals needed.
What are the costs involved for business setup in the UAE?
Expenses differ according to the type of business and jurisdiction. Setting up a business in a Free Zone starts at around AED 10,000, but Mainland businesses tend to have much greater expenditures due to the need for licenses and office space.
Do I need a local sponsor to set up a business?
Yes, a local sponsor is required for Mainland businesses as they hold 51% ownership. Free Zones and Offshore setups permit complete foreign ownership without local sponsorship.
Can I get a UAE residency visa?
Absolutely. Those who own businesses, work in the country, and their dependents can apply for residency visas, which include Investor, Employment, and Family Sponsorship Visas.