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.
A) Yes, absolutely. Amer would be able to fulfil the following:
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.
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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.
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).
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.
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:
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.
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.
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.
A) Yes, an Offshore company may hold shares in other companies as well.
A) Offshore companies are not authorized to carry out businesses in banking, insurance and real estate sector
A) No, an Offshore company is unauthorized to carry out business in the Mainland.
A) The documents required for an Offshore company formation in Dubai are as per the below:
A) 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.
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.
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.