Four major types of Mainland Licenses to pick from
Q) What services does Amer JLT fulfil?
A) The complete list of Amer services includes issuing entry permits, issues, and renewals of residency visas, visa cancellations, visa status changes, and any other visa-related services that are provided by the government.
Q) Would Amer be able to assist with all my staffing visa requirements?
A) Yes, absolutely. Amer would be able to fulfil the following:
- Entry Permit for (Company Employment & Family) – Inside & Outside the Country
- Residencies (Company Employment & Family)- New/Renewal/Cancellation
- Family Visit Visa
- Newborn Baby Visa Processing
- Sponsorship Transfer Company & Family
- Change Status Company & Family
- Housemaid’s Visa Processing
- Visit Visa Extension For On Arrival & GCC Residents
- New/Renewal of Establishment Card
- PRO Card
Q) Which categories of applications for Emirates ID would Amer be able to apply for?
- A)
- Emirates ID for Local
- Emirates ID for GCC
- Emirates ID New, Renewal for 1 Year
- Emirates ID New, Renewal for 2 Years
- Emirates ID New, Renewal for 3 Years
- Emirates ID Replacement
Q) How do I apply for a family visa?
A) You can apply for a visa for your family under your sponsorship if you have a residence visa in Dubai, a profession and a salary that allows you to host your family.
- Original Emirates ID, Passport Copy & Visa Copy of Sponsor
- Salary Certificate or Labor Contract of Sponsor
- House Rental Contract
From your Family:
- Passport copy + photo with white background
- Attested Marriage/Birth Certificate – whichever applicable
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Q) What is the difference between free zone, mainland and offshore company licenses?
A) Free zones are designated areas within the UAE where special rules and regulations of respective Free Zone Authority applies with regard to trade and commerce. Free zone companies are essentially onshore companies that can be 100% owned by expatriates with no import export duty charged.
Trading companies in Mainland that are registered as an L.L.C. (Limited Liability Company) with a U.A.E. local sponsor owning 51% of the business. Offshore IBCs are non-resident companies that are not eligible for office premises or residence visa quota and it cannot do any business within UAE but are permitted to have an office Business Bank Account.
Q) What are the types of business entities available in the Free Zone?
A) The Free zone jurisdiction allows the following business types to set up their base – Free Zone Limited Liability Company, Branch of an International Company, Branch of a Company already in operational in Dubai, Free zone Establishment (Single Shareholders), Free zone Company (2 to 5 Shareholders).
Q) Can a free zone company do business with a company in the mainland?
A) Yes, a free zone entity may deal with a company in the mainland provided; the company appoints a local DED registered agent for sales & distribution, opens a branch in the mainland, initiates an L.L.C. Company, or starts a Civil Works Company. Any trade done by free zone company to mainland or vice-versa will be treated as export/import and U.A.E. customs laws would apply.
Q) How many free zone jurisdictions out of the 45+ are located in Dubai?
A) The total number of active free zones in Dubai itself are 28 as it is one of the most preferred Emirate for Free Zone company formation in the UAE. The major Free Zone jurisdictions are listed below:
- Dubai South Free zone which is the proposed venue for the international event – Dubai World Expo 2020. The Free zone serves as an aviation, SME and logistics hub.
- Jebel Ali Free Zone (JAFZA) which offers licenses for a variety of business activities like general trading, trading of machinery, equipment, electrical and electronic items, construction and building materials, jewellery, logistics, aviation, manufacturing etc.
- Dubai Silicon Oasis which serves as a technology hub that caters to the requirements of telecom and the IT sector.
- Dubai Healthcare City which caters to the entire needs of the Healthcare sector like medical research facilities, clinical and non-clinical services, medical equipment etc.
Q) Would free zone companies be charged custom duties?
A) Free Zone offers 100 % foreign company ownership along with 100% repatriation of capital & profits. Therefore, they are exempted from all import & export duties and no corporate tax. They would however be applicable to file a 5% VAT for all domestic transactions effected inside UAE.
6. What is the validity period of a free zone trade license?
Each Free Zone has its own policies and regulations due to which the validity of the business license and the stipulations are dependent on it. Typically, a Free zone license in Dubai is valid for up to 3 years.
Q) What is the difference between free zone, mainland and offshore company licenses?
A) Free zones are designated areas within the UAE where special rules and regulations of respective Free Zone Authority applies with regard to trade and commerce. Free zone companies are essentially onshore companies that can be 100% owned by expatriates with no import export duty charged.
Trading companies in Mainland that are registered as an L.L.C. (Limited Liability Company) with a U.A.E. local sponsor owning 51% of the business. Offshore IBCs are non-resident companies that are not eligible for office premises or residence visa quota and it cannot do any business within UAE but are permitted to have an office Business Bank Account.
Q) Can an Offshore company hold shares in another company?
A) Yes, an Offshore company may hold shares in other companies as well.
Q) Which sectors are Offshore companies not sanctioned to deal with?
A) Offshore companies are not authorized to carry out businesses in banking, insurance and real estate sector
Q) Can an Offshore company do business in the mainland?
A) No, an Offshore company is unauthorized to carry out business in the Mainland.
Q) What are the document required to set up an Offshore company?
A) The documents required for an Offshore company formation in Dubai are as per the below:
- Application in the requisite format
- Proof of Address
- Documents from Bank indicating the details and bank reference letter
- Copies of passports of owner and shareholders
- Copy of passport of the designate manager
- Notarized Memorandum of Association (MOA)
- Business plan
- Curriculum Vitae indicating the owner’s professional data
Q) What is the minimal capital requirement to set up an Offshore company?
A) For business set up, the minimum capital prerequisite is not mandatory.
Q) For business set up, the minimum capital prerequisite is not mandatory.
A) An Offshore License doesn’t accommodate a residence visa, doesn’t allow any trade operations in the U.A.E. and doesn’t require a local premise.
Q) Can an Offshore investor open a business account in a local bank?
A) Yes, an Offshore company can open a Bank Account in the UAE provided that the company owner visits the country to fulfil the necessary paperwork. The company account will be initiated once the bank has assessed the business activity, company profile, fund flow, etc.
Q) How long does it take to set up an Offshore company?
A) Setting up an Offshore company is relatively easier than the others and can be accomplished within the span of 2 working days. It can be initiated through an online registration form along with submitting the relevant documents. This type of formation can be completed without the physical presence of the company owner in the country.
