Foreign investors are increasingly drawn to UAE free zones, offering streamlined business setup processes and 100% foreign ownership. Setting up a company in a free zone makes you eligible to apply for a UAE free zone visa.
Free zones boast efficient infrastructure and specialized services tailored to specific business activities, ensuring smooth workflow processes. Each free zone operates under its own set of laws, with employees adhering to the regulations of the respective free zone authority.
Discover the comprehensive advantages of holding a free zone visa in Dubai.
UAE free zone visa: Benefits
UAE free zones provide a conducive environment for investors and entrepreneurs to establish and operate their businesses. By going through the visa process, foreign companies can enjoy the following advantages:
1. Business Operation:
Conduct business operations smoothly in the UAE while benefiting from residency options and operational flexibility.
2. Tax Benefits:
Take advantage of tax exemptions, including import, export, and personal taxes. Corporate tax exemptions are also available for a specified period, with the possibility of renewal.
3. Ownership Control:
Retain full ownership and control of your company, as UAE laws allow foreign investors to have 100% ownership without requiring an Emirati shareholder.
4. Financial Convenience:
Obtain a UAE residence visa to access convenient financial services, such as opening bank accounts and transferring funds.
5. Flexible Premises:
Lease suitable office spaces and facilities based on your business needs, with options for long-term leases of up to 25 years.
6. Healthcare Access:
Enjoy access to healthcare services by obtaining an Emirates ID, ensuring the well-being of both employees and their dependents.
Experience the advantages of UAE free zones, fostering growth and success for foreign businesses.
Important Information about Free Zone Visas
Here are some key details regarding UAE free zone visas:
- Issuing Authority: The General Directorate of Residency and Foreign Affairs (GDRFA) is responsible for issuing UAE free zone visas.
- Visa Validity: The residency and/or employment visa obtained through the free zone is typically valid for up to 3 years. It is necessary to renew the visa upon expiration.
- Work Restrictions: Holders of free zone visas are authorized to work exclusively within their chosen free zones and are not permitted to work outside of them.
Ensure compliance with the regulations and make the most of the opportunities provided by a free zone visa in the UAE.
How to Obtain a Free Zone Residency Visa in the UAE
To obtain a free zone residency visa in the UAE, follow these steps:
- Sponsorship: You need to be sponsored by the respective free zone. Seek assistance from company formation consultancies like Shuraa Business Setup, who handle the visa application and registration process.
- Registration: Register your company in the free zone and obtain a company establishment card. This will enable you to apply for an entry permit.
- Entry Permit: The entry permit is usually issued within 15 days and remains valid for 60 days. It can be activated by changing your residency status within the UAE or by passport stamping upon arrival.
- Medical Testing: Undergo a basic medical fitness test, including a blood test and chest scan, at designated centers. Test results are typically available within a day.
- Identity Card: Process your biometrics to obtain an Emirates ID. With a UAE free zone visa, you can apply for an Emirates ID, granting you access to healthcare services similar to a UAE resident.
- Residence Visa Stamping: Once you have your Emirates ID, the final step is to have your residence visa stamped in your passport. This completes the visa process.
Ensure a smooth transition to a free zone residency visa by following these steps diligently.
Simplify Your Free Zone Visa Process with Company Setup Consultants
Are you planning to establish your presence in the UAE? Company Setup Consultants is here to assist you in setting up your company effortlessly. Our team of experienced corporate advisors takes care of every aspect of company formation.
Simplify the process of obtaining a free zone visa today! Call us at +971582595164 or send us a WhatsApp message on +971582595164 to learn more about acquiring a free zone visa. You can also email us at info@companysetup.ae for answers to all your queries. Let us help you make your entry into the UAE free zones swift and hassle-free.