Question 1

Do I need to be in Dubai to set the company up?

Accepted Answer

For most free zones, no — formation can be done remotely with a power of attorney. You do need to come once for the medical, biometrics and Emirates ID, and almost every bank now requires the signatory in person. Plan on one trip of three to five days.

Question 2

How long does the bank account really take?

Accepted Answer

Two to six weeks after the licence, depending on the bank and your profile. Digital banks are faster; traditional banks ask more questions but give you more later. We prepare the compliance file first, which is what keeps it at the short end of that range.

Question 3

Will I pay tax in the UAE?

Accepted Answer

There is no personal income tax. Corporate tax is 9% on taxable profit above AED 375,000, and qualifying free zone income can still be taxed at 0% if the conditions are met. VAT registration is required once turnover passes AED 375,000. Your home country may still tax you — that is a separate question we look at with you.

Question 4

Does the company give me residency?

Accepted Answer

Yes. A trade licence gives you an investor visa, normally two years in a free zone, renewable, plus visas for your spouse and children. Property from AED 2 million or a qualifying investment can open the ten-year Golden Visa.

Question 5

What does it cost to buy an apartment?

Accepted Answer

Budget roughly 6–7% on top of the price: 4% Dubai Land Department transfer fee, agency commission of about 2%, registration and trustee fees, plus annual service charges per square foot. We put the full figure in writing before you sign anything.

Asked in almost every first call.

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