• Official Schedule

    9:00AM-6:00PM

  • Call Us

    +971 58 555 11 22

  • Mail Us

    info@affluentbusinessconcierge.com

  • Address

    The Binary Tower, Business Bay,Dubai.

Frequently Asked Questions

Frequently Asked Questions

What is the difference between a mainland and Free Zone company?

A mainland company is registered with any Economic Department in the respective emirate and you will need a UAE national as sponsor or agent depending upon the type of license, It permits you to perform your business all over UAE and abroad. Free zone companies are 100% expat owned but are Jurisdiction specific. These companies are not allowed to do business outside free zone typically.

What is the validity of trade license?

Any company’s trade license issued in the UAE has a validity of one year and is subject to renewal.

How long does it take to process a license renewal?

The license renewal process will take 2-7 working days to renewed.

Do I have to deposit the share capital in the bank account?

Some authorities might require the Share capital to be kept in bank account but mostly it is not required.

Do I need an office to register a company?

With the eased requirements, you can have various options such as a flexi office, shared/co-working space, and virtual office too, it depends on the authority you are registering the company with.

Can I transfer my company from one authority to another?

Unfortunately, you cannot. However, you can obtain a branch license

Can I change the name of my company?

Yes, you can but to do so you must first come up with a new suggested company name. Upon availability of the name and the approval an advert must be placed in a local newspaper notifying this change (a legal notice of company name change). You will also need to sign amendment forms and all the original company documents must be returned.

Can I rent a physical office for my free zone company anywhere in the UAE?

Unfortunately, you cannot. The office premises must be inside the Free Zone Jurisdiction.

Can I sponsor my family under my residency visa?

Yes, you can with both Mainland and Free Zone business setup. You should provide the documents below to sponsor your spouse and children:

  • Your passport copy (Passport should have at least 6 months validity)
  • Your Visa copy.
  • Stamped Salary Certificate with a minimum salary of AED 20,000.
  • Attested Marriage Certificate for spouse visa
  • Attested Birth Certificate for kids.
  • Residential Lease/rent agreement inside the UAE.
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