Starting your own business in the UAE is simple! We will help you and your business to adapt to the local market and eliminate existing difficulties without large financial investments!
There are many options for obtaining an Emirates ID! With us you can choose the best and least expensive option.
Starting your own business in the UAE is simple! We will help you and your business to adapt to the local market and eliminate existing difficulties without large financial investments!
Borsuk Business opens up new opportunities and perspectives:
We determine the pains of new and established players on the market. We create tailored solutions.
Enter the market and lead business in the UAE
Business relocation in the UAE and immigration
Incorporation legal entities in the UAE
Conduct international activity
Optimize taxation
Business location and support in the UAE
Starting your own business in the UAE is simple! From adapting business strategy before launching a local turnkey project
Integrated solutions for immigration of businesses and individuals
Doing business without taxes and borders, profitable and free
Prestige, stability and freedom movement of capital without taxes
Effective tax planning tools around the world
Maintenance cost savings business and rent
free zones
45
partner banks
10
partner consultants
50+
to set up a company
5 days
Our advantage is simplicityand transparency. You always know where the government fee is and where is the consulting services payment!
Open your own business in the UAE
Free Zone or Mainland?
Pros:
Pros:
Cons:
Cons:
Mainland
Freezone
A type of company licensed by the Department of Economic Development.
The lack of attachment to the place of doing business and the possibility of trading directly with the state.
The Mainland company needs a mandatory annual audit (you can’t do without an accountant). And starting from 2023, Mainland companies will be required to pay a 9% income tax
A type of company that allows you to officially conduct business in the UAE for a small license fee.
Low price for starting a business. There is no need to do an annual audit. No income tax.
Limited number of business activities (tell us in advance the purpose of opening a company so that we can tell you if it is possible to open it in a free economic zone). The office can only be rented in business centers, or on the territory of Freezone itself.
How to get UAE resident visa?
To open a company in the UAE you need:
Due to rapidly developing economy and almost no taxes, the UAE is considered a great option for starting your own business.
Ready!
Choose the type of company you want to open.
Collect the necessary documents.
Submit for registration.
Pay the registration fee and the cost of services of a registered agent.
Set up your own company
One way to acquire a UAE Residency is to get a job!
To do this, people often choose several strategies: remote job search, job search upon arrival in the country and a recruiting agency.
With a remote search, you send your CV to sites and companies, and if your CV is of interest to an HR manager, you will be contacted by mail or by phone. Usually, the first interview is conducted online. If everything goes well, you will get an employment visa.
The second option is searching for job upon arrival in the UAE. This option is the most expensive, unlike the first, but more effective. In this case, it makes sense to send out CV indicating the exact location. At some point, you will be called for an interview, and you will be nearby!
The third option is the most reliable. A recruiting agency will advise you and help you correctly compose a good CV that will interest the employer.
Employment
A student visa is granted to persons over 18 years old who have enrolled in or are studying at accredited universities and colleges in the UAE.
A visa is issued for a year and can be extended for the same period.
A visa sponsor can be either educational institution or a parent of a student who has a resident visa.
Study in an educational institution
You are sponsored by a spouse or parent who is already a UAE resident
For male sponsors, the minimum salary to sponsor the family in the UAE is AED 4,000 ($1,095) or AED 3,000 ($817) if the employer provides accommodation. The type of profession does not matter, the most important criterion is compliance with the earnings limit.
There are also no restrictions on the type of profession for women, however, if a woman wants to become a sponsor of her husband or child, then the amount of her income must be more than AED 10,000 ($2,725). The validity of the UAE visa for family members is dependent on the duration of the sponsor's visa. If the sponsor's visa is for three years, then the sponsor's relatives will receive the same duration.
When applying for a UAE resident visa for a child, the requirements are somewhat different for sons, daughters and adopted children. For example, you can only sponsor daughters if they are not married.
For sons, the sponsorship age limit is 18 unless the son is studying in the UAE or abroad. In this case, resident can sponsor the son up to the age of 21.
Dependent visa
"Golden Visa" or purchase of real estate valued at least $280,000
How to get “Golden Visa”?
The “Golden Visa” allows expats to freely live and do business in the UAE, open bank accounts in local banks and become a tax resident of a country with a comfortable tax regime.
Local courts protect the rights of residents in the same way as local citizens, so obtaining a golden visa practically equates you to the natives.
To apply for 5 years visa, you need to buy real estate worth at least 1 million AED instead of 1.5 million.
And to obtain a "golden" visa for 10 years, it is enough to invest at least 2 million AED in the country's economy instead of 2.5 million.
Applicants must have a valid employment contract in priority sectors for the country, as well as:
The following people can apply for a 10-year resident visa:
If you are a scientist, you must be accredited by the Emirates Scientists Council or hold the Mohammed bin Rashid Medal for Excellence in Science.
If you are a representative of the creative profession, you need to have accreditation from the UAE Ministry of Culture and Knowledge Development.
Inventors must have an invention patent approved by the UAE Ministry of Economy.
Highly qualified specialists are required to have a patent or must be the authors of research papers published in reputable international publications.
- doctors of Sciences; - highly qualified specialists; - scientists and inventors; - athletes; - figures of culture and arts.
“Golden Visa” for Talented Professionals
And also fulfil one of the requirements:
In order to obtain a retirement visa in the UAE, the following conditions must be met:
Have a minimum monthly income of AED 20,000 (USD 5700);
Have savings of AED 1,000,000 (USD 275,000);
Own real estate in Dubai worth AED 2,000,000 (approximately USD 550,000);
A combination of options 2 and 3, with a total value of at least AED 2,000,000.
- candidate must be at least 55 years of age; - applicant must have valid health insurance.
Borsuk Business provides full support to the client when opening a bank account in any of the UAE banks - from consultation and collection of documents to the final receipt of cards!
If you have it, opening an account will not be difficult. In fact, all you need is:
Opening a bank account in the UAE for personal use is much easier than a corporate one. However, it should be borne in mind that in both cases, the expat must have valid Emirates ID.