What Documents Should Be Submitted For Obtaining A license In The UAE?
For both Free Zones and Mainlands:
- Shareholder’s Passport
- National ID (if applicable)
- Passport Photo
Additional documents that may be required based on business activities:
- Memorandum of Association (MoA)
- Tenancy contract
- Other government agencies’ approvals
For branch incorporation, document requirements are activity-specific and can be obtained through consultation with our experts at Business Diaries.
Is Physical Presence In The UAE Is Mandatory?
Physical presence is not required during company formation in one of the UAE’s free zones. However, for the mainland company formation, it is required.
When To Renew The Corporate Documents?
All licenses should be renewed every year in the UAE. The failure of renewal in time would follow penalties and even cancellation of all the residence visas issued for the company.
What Taxes Should Be Paid In The UAE?
There are no personal income or corporate taxes in the UAE. However, the operative companies in the UAE should pay a 5% import duty to get the clearance of their goods from the port into the country. .