Top Most Popular FAQ`s
Frequently asked dedicated questions (FAQs) related to the business.
How much time does it take to start a business in Dubai?
It usually take up to 15 business days to get a business licence once all documents are submitted subject to authority approvals and app 25-45 business days after that to open the bank account.
Do I need to be physically present there?
To open a business licence a physical presence is not required but get a local residency and for bank account a physical presence is required.
What are free zone and main land in UAE?
In Dubai, businesses can operate in either the Mainland or a Free Zone, each with different regulations, ownership structures, and benefits. Mainland is operated by the economic department of Dubai. UAE has 45+ freezone with specific businesses . 100% foreign ownership allowed in all Free Zones. These free zones can be industry specific and at times can offer tax and duty exemptions to some businesses if conditions are met.
Once I open a business in Dubai , do I need to shift there?
Absolutely no need , you can be in your home country and operate from there.
What compliances does UAE has?
UAE has Corporate tax (9%) , VAT (5%) , excise for some industries and AML and audit compliances.
How can Slick and Sharp help me in setting up a business in UAE?
At slick and sharp , we can help you figure where to register your business (mainland or freezone), which legal type , help you in registering , help in bank account opening, maintain your compliances and legal and maintain your accounts to ensure your flourishes with out any botheration to you.
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