Business set up in Dubai

1. Dubai Golden Visa Benefits and Application Process Dubai Golden Visa

2. The Dubai Golden Visa is a sought-after residency program that offers a plethora of advantages to foreign investors, entrepreneurs, and skilled professionals. This visa allows individuals to live and work in Dubai, a thriving business hub in the United Arab Emirates. Below, we outline the benefits and application process for the Dubai Golden Visa, including setting up a business in Dubai and company formation. Benefits of Dubai Golden Visa: Residency for Family: The Golden Visa extends to the visa holder's spouse and dependent children, providing a secure and stable environment for the entire family. Business Opportunities: Dubai's booming economy offers numerous business prospects, making it an ideal destination for entrepreneurs. You can set up a business in Dubai and tap into its thriving market. Tax Benefits: Dubai does not impose personal income tax, corporate tax, or capital gains tax. This means you can retain more of your earnings for both personal and business growth. Access to Healthcare and Education: Golden Visa holders have access to world-class healthcare facilities and can enroll their children in top-notch international schools. Real Estate Investments: As a Golden Visa holder, you can invest in Dubai's vibrant real estate market, which has historically provided lucrative returns on investments. Travel Convenience: Dubai is a well-connected travel hub, allowing you to easily explore other global destinations. ● ● ● ● ● ● Application Process for Dubai Golden Visa: Eligibility Criteria: To be eligible for the Dubai Golden Visa, you must meet specific criteria, including investing in property, setting up a business, or having ·

3. exceptional skills in various sectors such as healthcare, technology, arts, or sports. Select the Appropriate Category: · Property Investment: If you opt for property investment, ensure that the value of your property purchase is above a certain threshold set by the government. · Business Setup: If you plan to set up a business in Dubai, you need to choose the right legal structure, register your company, and meet the required capital requirements. · Exceptional Talent: If you possess exceptional skills or expertise, you can apply for the Golden Visa based on your professional achievements. · Prepare Documents: Gather all necessary documents, including passport copies, proof of income, business licenses (if applicable), and any other supporting paperwork. · Apply Through the Relevant Authorities: Submit your Golden Visa application to the appropriate government department, such as the Dubai Land Department for property investors or the Department of Economic Development for business owners. · Pay Fees: Pay the requisite visa fees, which vary depending on the category you choose. · Background Check and Approval: Authorities will conduct background checks and verify your eligibility. Once approved, you will receive a Golden Visa. · Reside in Dubai: After obtaining the Golden Visa, you must fulfill the residency requirements, which typically involve spending a certain amount of time in Dubai annually. · Renewal: Golden Visas are typically valid for a period of 5 or 10 years and can be renewed as long as you continue to meet the eligibility criteria. · The Dubai Golden Visa program offers a pathway to long-term residency and business opportunities in one of the world's most dynamic cities. Whether you choose to invest in property or set up a company, Dubai's Golden Visa can open doors to a prosperous future in the UAE.