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7 Key Benefits of the Dubai Golden Visa

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Header image with the title "7 Key Benefits of the Dubai Golden Visa"

7 Key Benefits of the Dubai Golden Visa

Ivan Joson

Ivan Joson

Business Setup Consultant

20 Sep 2023

Dubai, with its state-of-the-art infrastructure and unparalleled economic opportunities, has become a global magnet for entrepreneurs, investors, and high-net-worth individuals. One of the most sought-after avenues for securing residency in this dynamic city is the Dubai Golden Visa.  This exclusive program offers a pathway to long-term residency for individuals and families who meet certain criteria. We will explore the seven key benefits of the Dubai Golden Visa and why it has captured the attention of the world.

1. Long-Term Residency

The Dubai Golden Visa provides the privilege of long-term residency in the Emirate. Depending on the category, visa holders can enjoy a 10-year residency, providing stability and security for themselves and their families. This extended residency not only fosters a sense of belonging but also opened doors to various opportunities.

2. Business Opportunities

Dubai is a global business hub, and holding this visa enables entrepreneurs and investors to tap into its thriving economy. They can establish and expand businesses without the need for a local sponsor, which is a significant advantage in a competitive market.

3. Travel Benefits

Dubai is a central aviation hub, and Golden Visa holders enjoy convenient travel options which allows them to stay outside of the country for an unlimited period. With excellent connectivity to numerous destinations worldwide, Dubai serves as an ideal base for frequent travelers.

Businessman with Golden Visa waiting at the airport

4. Property Ownership

Golden Visa holders can own property in Dubai, further solidifying their ties to the Emirate. This is a significant advantage for those looking to invest in the real estate market, which has consistently shown resilience and growth.

5. Retirement Planning

The Dubai Golden Visa is an excellent option for those considering retirement in a cosmopolitan and vibrant city. It allows retirees to enjoy their golden years in a city known for its safety, luxury, and cultural diversity.

6. Access to World-Class Education Institutions

Families with this visa gain access to world-class education institutions. Dubai boasts an array of prestigious schools and universities that offer internationally recognized curricula, ensuring the best educational opportunities for children.

7. Family Support

One of the most significant benefits of this visa is the ability to sponsor your family and domestic workers to live and work in the UAE with you. This includes your spouse, children, parents, and domestic helpers and drivers. This is a huge benefit for families, as it allows you to keep your loved ones close and support them financially.

Happy family with Golden Visa in Dubai

Conclusion

In conclusion, the Dubai Golden Visa offers a multitude of advantages that extend beyond residency rights. It paves the way for individuals and families to thrive in a city that continually pushes the boundaries of innovation and opportunity. Whether you’re an entrepreneur, investor, or simply seeking a higher quality of life, this visa is your key to unlocking the limitless potential of this dynamic metropolis.

For inquiries about getting hold of your own Dubai Golden Visa, please don’t hesitate to reach out to us at 800-EZONEUAE (39663823) or via email at hello@e.zone. Our dedicated team is ready to provide the correct guidance and streamline the process to help you achieve a life of luxury and convenience in Dubai.

How to start a Civil Company in Dubai

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Dubai buildings with Civil Company as headline

How to Start a Civil Company in Dubai

Ailan Lapuz

Ailan Lapuz

Operations Manager

28 Aug 2023

The United Arab Emirates is a great place to start a business. It offers many benefits, such as easy business establishment and securing a visa. You can set up a company in Dubai with the help of a company formation specialist, like EZONE.

The regulatory body responsible for granting approval for company establishment in Emirate of Dubai is the Dubai Economy and Tourism Department (DET). A civil company is one of the legal structures incorporated in the Mainland where there can be multiple partners who are licensed professionals in their respective fields offering specific services. Since there are various types of civil companies, here is the necessary information you need to know when you incorporate a civil company in Dubai.

What is a Civil Company?

  • A Civil Company is a business partnership or establishment involving a group of two or more professionals conducting service-related or professional activities.

Ownership

  • Any nationality can be a professional partner in a civil company.
  • Each partner is jointly responsible without limitation for the company’s liabilities.

Activities

  • A Civil Company caters to various services such as:
    • Consultancy
    • Educational
    • Medical and healthcare
    • Legal professionals/services
    • Media and communications
    • Design services
    • Financial advisory
    • Accounting
    • Engineering
    • Other related professions and/or services
Image of business woman in Dubai

Advantages

  • 100% Foreign Ownership
    • 100 % foreign ownership is allowed while working with a Local Service Agent (LSA) in the UAE which is necessary to conduct business in Mainland.
  • LSA Support
    • LSA has no financial ownership and has the responsibility of communicating with government authorities on the owner’s behalf if necessary.
  • No Limitation on Visas
    • Apply for more than one visa depending on the size of the office space.
  • Shareholder Structure
    • Shareholders are entitled to 100% company liability and are skilled in certain industry fields to participate in professional operations.
    • The minimum number of shareholders required is two and the maximum are 50.
  • Sponsorship
    • Owners can sponsor company employees on residence visas.
  • Limitations
    • Trading activities are not allowed in professional license.

Requirements​

  1. Clear full-page colored scanned copy of current passport – 1st page and last or signature page (if applicable) Note: passport must be valid for at least 6 months at the time of application submission
  2. Clear passport size photo
  3. Copy of recent visa (Tourist, Residence, Cancelation or Entry Stamped)
  4. Copy of old Emirates ID (if any)
  5. Non-Objection Letter issued by the sponsor or authority if the appointed Manager holds
    employment visa.
  6. Copy of trade license of the shareholder or appointed manager holds an investor or partner visa.
  7. Completed and signed DED License Application Form
Process

Process

  1. Initial approval
    • The approval is done by DET which is the licensing authority in the UAE. Some activities are subject to external approval.
  2. Trade Name Approval
    • Three trade names must be given of which at least one will be approved.
  3. Local Service Agent Agreement
    • The owner and LSA will physically or digitally sign the agreement.
  4. Office Space
    • It is mandatory to have a physical office and submit a tenancy contract with an Ejari.
  5. Additional Approvals
    • Specific approvals from government and non-government agencies may be required by the DET for the registration process
  6. Payment
    • A payment voucher will be given after the completion of all the steps which will enable you to collect the trade license for your sole establishment

Rules and Regulations

  • Professionals, regardless of their nationality, can engage in professional activities within the framework of DED business regulations.
  • The allocation of managers within a civil establishment or a civil company license is subject to specific limitations dictated by the chosen civil legal structure.
  • To enlist a Local Service Agent, a formal Service Agent agreement is obligatory. Precision in selecting a trade name is vital, ensuring it resonates cohesively with the firm’s commercial endeavors.
  • Dubai permits a civil company to establish multiple branches, each capable of conducting singular or all activities specified in the main business license.
Two business women in a meeting

How can EZONE help you?

Understanding the regulations and compliance for establishing a Civil Company in Dubai involves several key considerations. EZONE Business Setup streamlines and offer a comprehensive solution to cater to your complete business requisites, spanning from initiating a Civil Company setup to facilitating office space procurement and securing partnership or employee visas.

Our team will be your steadfast companion throughout the entire process, guaranteeing a seamless and efficient launch of your business operations. Feel free to contact us today at 800-EZONEUAE (39663823) or via email at hello@e.zone to explore how our expertise can propel your business inception.

How to Start a Sole Establishment in the UAE

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Panoramic view of Dubai Skyline with the title "Sole Establishment"

How to start a Sole Establishment in the UAE?

Carl Marvin

Carl Marvin

Business Setup Advisor

10 Aug 2023

Being one of the most business-friendly countries in the world, the UAE offers a variety of business setup options for emerging entrepreneurs, including Sole Establishment. Whether you are deciding to start your business on Mainland, you need to choose a specific corporate legal structure that fits your requirement.

With numerous choices available, you may be wondering what type of business structure is right for you. One option to consider is a sole proprietorship. In this type of business, the owner is the sole proprietor meaning that he or she is the only one who has a say in decision-making and who gets to keep the profits as there is only one shareholder allowed in this structure. Additionally, the owner is solely responsible for controlling the business and enduring all the liabilities or debts incurred.  

Explore the essentials and advantages of Sole Proprietorship. Understand their benefits, procedures, processes, and other related aspects that will make your company establishment easier in the UAE.

Mainland Legal Structure

What is a Sole Establishment?

  • A Sole Establishment is a business owned by one individual with a business license issued under his or her name.
  • The legal entity is owned and operated by a single individual who takes all the responsibilities including the financial liabilities.
  • The individual possesses 100% of the business, controls all the activities, and keeps 100% of the profits.
  • A company or corporate body cannot own the business therefore the individual is personally liable for the business activities.

Ownership

Activities

  • Foreign, UAE, and GCC nationals can form a sole proprietorship with certain requirements and applied conditions.
  • UAE or GCC nationals can choose any type of industrial, commercial, tourism, or professional activity.
  • Only UAE and GCC nationals can start a specific consultancy with a multitude of activities.
  • As a foreign national, you can only apply for a professional license and all professional activities are eligible under sole establishment.
  • It is mandatory for foreign nationals who acquire a professional license to have a Local Service Agent (LSA) for sole establishment registration.
    • An LSA acts as a government liaison or officer with an annual fee applied for their representation.
  • UAE and GCC nationals have more options and can form any type of establishment in several business activities such as:
    • Trading
    • Import-Export
    • Real-Estate
    • Industrial
    • Commercial
    • Professional
  • Foreign nationals who reside in the UAE can form sole proprietorships and offer professional services such as:
    • Consultancy
    • IT
    • Legal
    • Engineering
    • Marketing
    • (or other business activities that are service-related or professional in nature)
  • The law restricts certain business activities or fields that a foreigner can engage in as a sole proprietor
    • Import-export
    • Trading
    • Real-estate
Image of different types of business activities

Advantages

  • Sole Ownership
    • 100% ownership of the business
  • Flexible location
    • Legally practice professional services anywhere in the UAE, including Free Zones
  • No paid-up capital requirements
    • The government has waived paid-up capital requirements which allow sole owners for 100% profit retention
  • Affordable setup
    • Acquire large premises with low startup costs and faster business registration
  • Corporate Bank Account
  • Sponsored dependents visa
    • If you are eligible to apply, get your own visa including your dependent’s visa

Requirements​

  • Clear full-page colored scanned copy of current passport – 1st page and last or signature page (if applicable) Note: passport must be valid for at least 6 months at the time of application submission
  • Clear passport size photo
  • Copy of recent visa (Tourist, Residence, Cancelation or Entry Stamped)
  • Copy of old Emirates ID (if any)
  • Non-Objection Letter issued by the sponsor or authority if the appointed Manager holds
    employment visa.
  • Copy of trade license of the shareholder or appointed manager holds an investor or partner visa.
  • Completed and signed DED License Application Form
Requirements

Process

  • Initial approval
    • The approval is done by DET which is the licensing authority in the UAE. Some activities are subject to external approval.
  • Trade Name Approval
    • Three trade names must be given of which at least one will be approved.
  • Local Service Agent Agreement
    • The owner and LSA will physically or digitally sign the agreement.
  • Office Space
    • It is mandatory to have a physical office and submit a tenancy contract with an Ejari.
  • Additional Approvals
    • Specific approvals from government and non-government agencies may be required by the DET for the registration process
  • Payment
    • A payment voucher will be given after the completion of all the steps which will enable you to collect the trade license for your sole establishment
Two people having a meeting

How can EZONE help you?

If you are looking for a faster and more flexible way to start your business, get in touch with EZONE’s market-leading experts who can provide you with customized packages that suit all your needs. Tap into the wealth of legal, and industry knowledge and book your free consultation today. Call us at 800-EZONEUAE (39663823) or email us at hello@e.zone and get the answers to all your corporate queries.

Starting a Business in RAKEZ: What You Need to Know

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Ras Al Khaimah Economic Zone

Starting a Business in RAKEZ: What You Need to Know

Osama Bin Ashraf

Osama Bin Ashraf

Business Setup Advisor

22 June 2023

Ras Al Khaimah, often abbreviated as RAK, is one of the seven emirates that comprise the United Arab Emirates (UAE). Located in the northern part of the country, Ras Al Khaimah is known for its stunning landscapes, including scenic mountains, golden sandy beaches, and the crystal-clear waters of the Arabian Gulf.

Ras Al Khaimah (RAK) is quickly becoming a popular destination for entrepreneurs from around the globe. Gaining a reputation as one of the most progressive emirates in the UAE, RAK offers opportunities for businesses to reach new heights. From start-up-friendly regulations to competitive taxation incentives, there are plenty of reasons why those looking to build their businesses should invest in RAK.

What is RAKEZ?

In 2017, The Ras Al Khaimah government established the Ras Al Khaimah Economic Zone (RAKEZ) to oversee and manage its key free zones, namely the Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA). The governing bodies and management teams of both free zones merged, with Sheikh Ahmed bin Saqr Al Qasimi serving as the chairman and Ramy Jallad as the group CEO, leading the unified entity. RAKEZ, a comprehensive business hub, offers a diverse array of benefits and incentives, making it even more appealing for businesses seeking to establish a presence in Ras Al Khaimah.

Industrial Warehouse
RAKEZ Table

Being a global hub catering to a number of businesses, RAKEZ offers reliable support – from visa facilitation through licensing options which are designed to provide customized solutions, technical support, and exceptional facilities to all kinds of entrepreneurs.

As a comprehensive business hub, RAKEZ has made its mark on investors across the globe. With over 50 different industries represented within this multinational Free Zone, RAKEZ offers many attractive prospects for startups, SMEs, and big industry players.

Corporate Office
How can EZONE help you?

Kickstart your business journey at RAKEZ. Let our business setup consultants make it easy for you to set up your enterprise with no hassle or stress. With RAKEZ offering vast opportunities for entrepreneurs around the globe – now is the perfect time to explore and reap its rewards. Discover the benefits of this cutting-edge economic zone and jumpstart your business at RAKEZ by getting in touch with us at 800-EZONEUAE or setup@e.zone today. Our team is ready to assist you with all that you need. 

Start Your Business in RAKEZ

AED 13,500
  • Business License
  • Residence Visa
  • Establishment Card
  • E-Channel
  • Medical
  • Emirates ID
  • Change of Status (if applicable)
Enquire Now
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What do you need to open a bank account in the UAE?

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Opening Bank Account in the UAE

What do you need to open a bank account in the UAE?

Aprilyn Manalili

Aprilyn Manalili

Sr. Client Relations Executive

17 May 2023

The United Arab Emirates (UAE) is becoming one of the most preferred and top destinations for business due to its pro-business regulation, cutting-edge financial system, stable domestic currency, diverse perspective in the market, freedom from exchange controls, and flexible banking access.  

Whether you are from abroad or within the region, one of the first things you will need to know are the  kinds, requirements and, the process of opening a Corporate Bank Account to keep your business at pace and running to get ahead in today’s world of online transactions.  

As an essential aspect, a corporate bank account secures your money, tracks your spending, and manages your finances – all while helping you improve your credit standing with greater ease. To understand the process of opening a Corporate Bank Account in the UAE, let’s look at the eligibility criteria, type of corporate bank accounts available, and requirements.

What are the different kinds of Corporate Bank Accounts?

  • Onshore Bank Account is in your country of residence where you are subject to all applicable laws, taxes, and foreign exchange rules within that country, so you don’t have to stress about overseas regulations.
  • Offshore Account is for those who reside somewhere other than the UAE – meaning they can take advantage of financial services from their home country or anywhere around the globe.
  • Merchant Bank Account enables businesses to simplify their transactions by processing electronic payments through credit, debit cards, and other types of electronic modes of payment systems making it easier for customers to purchase goods or services.

Who is eligible to open a Corporate Bank Account?

Opening a Corporate Bank Account in the UAE requires due diligence as banks have established qualifications that must be met in accordance with the Central Bank of UAE laws. Depending on the business owner’s requirements, banks take time to review each one’s eligibility criteria, keeping in mind that these standards can vary from bank to bank. 

No matter the size, setup, or nature of your business, you can open a corporate bank account in the UAE. All you need to do is show proof that your company legally exists via its license – an easy step towards a better financial organization.

What documents are required?

Business man signing on documents

Mainland Bank Account

*All the primary documents are required while the additional documents are dependent on the business and bank’s criteria:

Main Documents:

  • Trade License of all shareholders 
  • Certified company incorporation documents
  • Residence visa copy of the primary signatory
  • Emirates ID 
  • Office tenancy or Ejari contract (physical office) 
  • Valid passport copies of all shareholders
  • Memorandum of Association (MoA)

Additional Documents: 

  • 6-month personal bank statements of all shareholders
  • Company Profile/Business Plan
  • Utility bills as address proof (for certain nationalities) 
  • Personal profiles (CVs) of the signatory 
  • Debit/credit invoices and contract agreements
  • Name of prospective clients/suppliers 

Free Zone Bank Account

Primary Documents: 

  • Trade License 
  • Shareholder certificate 
  • Memorandum of Association (MoA)/Article of Association (AoA)
  • Valid passport copies of all shareholders
  • Residence visa copy of the primary signatory
  • Emirates ID (if applicable)
  • Office tenancy contract (physical office)

Additional Documents: 

  • 6-month personal bank statements of all shareholders
  • Company Profile/Business Plan
  • Utility bills as address proof (for certain nationalities) 
  • VAT certificate 
  • Personal profiles (CVs) of the signatory 
  • Invoices, bills, and contract agreements 
  • Name of prospective clients/suppliers

Offshore Bank Account

Main Documents

  • Trade License 
  • Shareholders certificate 
  • Valid passport copy 

Additional Documents

  • 6-month bank statement
  • Certificate of Incumbency (if applicable)
  • Certificate of Good Standing (if applicable) 
  • Parent company legal documents 
  • Office tenancy as proof of address
  • Residence visa copy 
  • Emirates ID (if applicable)
  • Utility bill of shareholders showing proof of address 
  • Corporate legal documents
  • Company Profile/Business Plan 
  • Website (if applicable) 
  • Name of potential clients/suppliers
  • Tax identification number/card (applies to certain nationalities)

Foreign Entity Bank Account

  • Trade license 
  • Shareholder certificate 
  • Memorandum of Association (MoA) 
  • Article of Association (AoA) with legal attestation 
  • Valid passport copy 
  • Residence visa copy 
  • Emirates ID (if applicable)
  • Utility bills with the address of proof 
  • Corporate legal documents 
  • 6-month bank statement 
  • Name of potential clients

Non-Resident Bank Account

  • Personal documents
  • Passport copy –  front and back 
  • Incorporation documents
  • Tenancy contract or proof of address from the home country under your name 
  • Latest utility bill from the home country 
  • Tax Registration Number
  • Bank Statement 
  • Curriculum Vitae (CV)
What are the steps?

Assessment: To choose the most suitable bank account, you need to consider the chief purpose or goal of your business and evaluate the operations, including the financials of your company. Additionally, what best fits your requirements and what you hope to accomplish – be it saving for the future, investing in the current market, or going by your daily transactions, needs to be considered.  Certain documents may need to be provided during the assessment stage of proceedings in order to move forward effectively.

 

Application: Upon applying for a UAE corporate bank account, your application can be processed in person or online. However, to ensure legal authenticity and authorization, which is at the bank’s discretion, documents must be physically signed at the respective bank’s premises for approval.

How can EZONE help you?

Establishing a bank account for your business can be a difficult process. At EZONE, we prioritize ensuring that you gain access to the best banking solutions tailored specifically to your needs – whether it’s a private, corporate, or SME  bank account. 

Our experienced team provides comprehensive banking assistance to business owners looking to incorporate their company’s bank accounts in the UAE. We assess and initiate the profiling of all aspects related to your business before introducing you to our wide network of reputable banks which are fully capable of activating satisfactory results based on your company’s needs, size, and expected volume of transactions. To help you set up your corporate bank account, get in touch with us today at 800-EZONEUAE or setup@e.zone.

How to Start a Law Firm in DIFC?

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scale and judge hammer

How to Start a Law Firm in DIFC?

Ailan Lapuz

Ailan Lapuz

Operations Manager

05 April 2023

The rise in businesses, population growth, and ever-changing landscape, have fueled a demand for law firms to ensure national and international compliance with laws. With thriving global business activities and UAE’s strategic location at the crossroads of Europe, Asia, and Africa, it has become a hub of international commerce and legal services.

As such, investors from around the world are flocking to take part in this growing economy which promises unparalleled protection of assets amongst other benefits. In addition, to keep confidentiality protocols necessary when setting up a legal enterprise, specialized zones, and regulatory measures have been put in place to build investor and entrepreneur confidence.  

Why start in DIFC?

dubai skyline buildings

Located at the heart of Dubai, Dubai International Financial Center (DIFC) is a global financial hub that connects businesses from over 190 countries with the MEASA region (Middle East & Africa and South Asia). With more than 50% of GCC Fintechs based here, DIFC is home to top banks, leading law firms, insurers, and asset managers. It has an internationally recognized independent regulator which offers companies protection along with access to some of the most diverse talent around making it a key player across multiple markets globally.

How to open a law firm in DIFC? 

To start your own law firm in the DIFC, you can take part in the application and incorporation process. This guide provides a simple overview of all that’s required.

1. Obtain The Government of Dubai Legal Affairs Department’s approval

      • When launching your law firm, the first step is to obtain approval from the Legal Affairs Department which is outside the scope of DIFC.

 2. Register as a designated Non-Financial Business or Profession (DNFBP) by contacting Dubai Financial Services Authority (DFSA) 

      • If you want to register as a Designated Non-Financial Business or Profession then get in touch with Dubai Financial Services Authority (DFSA). 
      • Review the DFSA Rulebook and its many sections. This comprehensive resource contains essential information such as an AML Module, AFN-DNF1 Form, DNFBP Application form, Leaflet, and others – all designed to ensure your application runs smoothly.

 3. With DFSA’s approval, the next step is to get in touch with the DIFC Registrar of Companies (ROC) and officially set up your legal entity.

      • The DIFC website can provide you with more information about the updated ROC Client Handbook, the fees, checklists, templates, and other necessary documents. 

How much does it cost?

Setting up a law firm in the DIFC comes with its own set of costs. From one-off fees to annual charges, it is important to take note of the key expenses: 

1. Initial Fees for Registration (DIFC Registrar of Companies):

      • Application for Registration/incorporation of Company: Up to USD 8,000.
      • Commercial License: Annual fee of USD 12,000 

2. Data Protection Fee:

      • Registration Fee: USD 750
      • Renewal: USD 500

3. For LAD and DFSA fees, it is advisable to contact DIFC directly or your designated business setup consultant can help you.

4. Office Location:

      • It is mandatory to have an office at the DIFC or the third-party-owned buildings by the DIFC.
      • For a list of Real Estate contacts and office options, a DIFC leasing team can help you for the smooth incorporation of your law firm. 
How can EZONE help you?

The city’s rapid economic growth, high demand for legal services, business-friendly environment, Expo 2020 boom, and extensive networking opportunities create a fertile ground for the growth and success of law firms. 

Unlock the potential of your law firm in DIFC today and get to know more about how it can be done. Contact us at 800-EZONEUAE or email us at setup@e.zone for a hassle-free experience.

How can Executive Directors/Managers get Hold of the UAE GOLDEN VISA?

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Female CEO

How can Executive Directors/Managers get hold of the UAE GOLDEN VISA?

How can Executive Directors/Managers get hold of the UAE GOLDEN VISA?

Samantha Simms

Samantha Simms

Business Setup Consultant

27 March 2023

The Golden Visa Program is the UAE’s way of saying “welcome home” to top executives in the UAE. By taking a major step in expanding the Golden Visa eligibility, CEOs, Directors, General Managers, Board Members, and Chairmans including highly-skilled professionals or workers with high educational qualifications and experience in all disciplines can take advantage of the most sought-after – Golden Visa in the UAE. 

What are the benefits?

man leaning and happy

Long-Term Visa: The program acknowledges individuals who have resided in the UAE and helped advance the country’s development and prosperity, by granting them access to the Golden Visa. This visa can be extended every ten years, providing long-term benefits to recipients.

Multiple Bank Accounts: open multiple accounts in different banks without hassle.  This helps them to have a secure financial arrangement that protects and preserves their funds.

multiple credit cards
entry arrow

Travel Extension/Multiple Entries: Golden Visa holders can enjoy benefits such as extended stays outside the UAE beyond the usual 6-month limit, which allows them to work or take longer breaks in other countries. They are also allowed unrestricted multiple entries in and out of the UAE without the need to cancel their Golden Visa. 

Future Investment: Golden Visa recipients have the opportunity to sponsor their own, their family members, and even domestic helpers. Additionally, their dependents can remain in the country until the end of the visa period, even after the Golden Visa holder’s passing. This makes it a beneficial long-term investment.

coins stacked
woman holding a drivers license

Driver’s License: If planning to acquire a UAE Driver’s license, Golden Visa holders can take a driver’s test without extra lessons, saving them time and money. If they possess a license from an approved country, they can transfer their home country license to a UAE license without any additional requirements.

Business Setup: Starting a business also becomes easy and stress-free for Golden Visa Holders as they can invest or start their own venture with 100% ownership.

group of people meeting
What are the requirements?
  • Emirates ID copy
  • Passport copy 
  • Passport size photo – white background 
  • Visa Copy – full spread, uncut, colored scanned copy 
  • Valid medical insurance copy 
  • Experience letter from the company of no less than 5 years 
  • A copy of a Bachelor’s or Master’s Degree certified by the Ministry of Education 
  • Recent 6 months’ bank statement of the applicant (statement should show that the applicant’s salary is credited every month) 
  • Salary certificate issued by the company in Arabic format, if the applicant is working under the Free Zone company, the certificate must be issued by the Free Zone Authority (The required minimum monthly salary is AED 30,000)
  • No Objection Certificate/Letter (NOC) issued by the company to apply for a golden visa
  • Copy of Employment / Labor contract (salary being received every month should match the salary declared in the employment contract and the salary certificate. The position in the contract should match the position in the residence visa)
  • Applicant’s residence copies from 2017 with the same profession
What are the steps?
  • Assessment 
  • Immigration Submission
  • Pre-Approval
  • Medical 
  • Visa Cancellation
  • Visa Stamping
  • Emirates ID Application
  • Emirates ID Issuance
What is the timeline?
  • Approximately 2-4 weeks 
How can EZONE help you?

Our experienced team will guide you through every step of your journey to get a Golden Visa. We are ready and equipped to meet the high demands of the authorities – countless paperwork and tedious formalities included – and ensure that your profile application meets all the requirements and criteria.

Don’t miss this once-in-a-lifetime opportunity. Get all the information you need by calling 800-EZONEUAE or email us setup@e.zone. We’ll provide you with guidance and ensure that everything goes as smoothly as possible during your application process. 

Seize this golden chance and invest in your future now!

How to start your Tourism Business in the UAE

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map of the world

How to start your Tourism Business in the UAE

Samantha Simms

Samantha Simms

Business Setup Consultant

15 March 2023

Despite the challenges of 2020, The UAE, especially Dubai,  has made an impressive recovery in terms of its tourism business. Between January and May 2022, 6.17 million international overnight visitors flocked to this vibrant destination which was a staggering 197 percent increase compared to 2019. 

At the inaugural City Briefing of the Department of Economy and Tourism (DET),  over 1,200 industry executives were in attendance, representing sectors such as aviation, travel, hospitality, and retail.  The Director General of DET, His Excellency Helal Saeed Almarri has praised the exemplary vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum for propelling Dubai to success. This can be seen in the nation’s strive towards becoming the primary economic and tourism investment hub in the world. 

Seeing a remarkable rise in the tourism industry, there has been a surge in Dubai’s hotel occupancy rate from 62 percent in 2021 to an impressive 76 percent between January and May of 2022. According to data from STR, one of the world’s leading hospitality analytics firms, this places Dubai far ahead as global No.1 for hotel occupancies when compared with international cities like New York (61%), London (60%), and Paris (57%).

Through Expo 2020, the UAE is converting this momentum into growth in all tourism aspects – from cultural heritage to culinary delights – with a determination towards making it “the most visited destination and city of the future” providing an unparalleled living and working experience.

How to Start

To encourage more travelers, the UAE government has eased restrictions attracting more people, and making UAE an investment-worthy and tourist-friendly destination. As a significant economic driver, tourism is expected to reach US$1,285.00 million in 2023.

With the numerous advantages and licensing options of doing business in the UAE, especially Dubai, there’s no better time to start a Travel and Tourism company. Let’s get to know more about the license options and how you can get started now.

What You Need to Know?

approved license
What is a Tourism License?

A Tourism License is needed for business establishments that operate in the travel and tourism sector to provide services to travelers and locals.

The types of Tourism licenses have their own features and certain activities are subject to approval.

Inbound Tour Operator License

●  This license allows agencies to handle inland travel, visa issuance, events, and transportation for nationals and foreigners who are visiting Dubai or any other emirate.

Outbound Tour Operator License

●  This license allows agencies to sell travel and tourism packages outside UAE through online platforms, e-commerce, offline agents, and many more.

Travel Agent License

●  This license allows agencies to act as a seller for tickets and booking-related services such as transportation rental services and ticket issuance for flights, buses, trains, hotels, and holiday packages on behalf of other agents.

Tour Guide License

●  This license allows tour guides to have access to tourist attractions and should be knowledgeable of the historical and cultural significance of the local places.

Who can benefit from Tourism License?

  • Travel firms

  • Travel agents

  • Hotels

  • Restaurants

  • Airbnb

  • Holiday homes

  • Car rentals

  • Hospitality outlets

  • Other tourism-related entities
illustration of a tour operator
bus luggages
What can you do?

  • Selling tourism packages online and offline

  • Issuing travel insurance

  • Providing accommodation and stay options

  • Offering support services related to visa issuance

  • Selling flight, rail, and bus tickets

  • Providing car rental services

  • Offering adventure tour packages
What activities are allowed?

  • Tour operator activities

  • Tourism agency

  • Business and corporate tourism

  • Inbound and outbound excursions

  • Residential premises rental

  • Tourism consultancy

Guided tour
What are the requirements?

  •  Completed Application Form

  • Applicant’s valid passport copy

  • Applicant’s valid visa copy

  • Latest UAE entry stamp from the passport

     

  • Emirates ID Copy (if applicable)

  • Passport size photo

  • Proof of work qualifications of manager/s

  • Certificate of good conduct of the owner/s

What are the steps and procedures?

  1.  Choose your License Jurisdiction: Mainland or Free Zone

  2. Define your business activity

  3. Company Name Reservation

  4. Get the Initial approval

  1. Memorandum of agreement (MOA) signing

  2. Finalize business address

  3. Submission of all the above approvals

  4. Issuance of trade license

How can EZONE help you?

At EZONE, we make setting up your new tourism business a hassle-free experience by calling on the expertise of our team. With our proven track record and personalized services, you can be sure that every detail is taken care of so that you’ll be ready to welcome travelers in no time.

 We have the skill and knowledge to streamline the entire process – from obtaining a license to ensuring full legal compliance – for you. Contact 800-EZONEUAE or email setup@e.zone and start your Tourism business today.

Ramadan in Dubai: What to Expect?

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muslim woman praying

Ramadan in Dubai: What to Expect?

Marketing Team

Marketing Team

Women of EZONE

14 March 2023

Ramadan is a special time for Muslims around the world, including in Dubai. Here is a guide to help you understand what to expect and how to best experience Ramadan.

Understanding Ramadan in Dubai

Ramadan is the ninth month of the Islamic calendar, and it is observed by Muslims worldwide as a time of spiritual reflection, self-discipline, and charitable giving.

Around 76% of the UAE population are practicing Muslims, they will fast from dawn until sunset, refraining from food, drink, and other physical needs during the day. The Metropolis is transformed into a more subdued and reflective place during this time.

calendar date
The Dates of Ramadan

The dates of Ramadan change every year as the Islamic calendar is based on the lunar cycle. In 2023, Ramadan in Dubai is expected to start on 23rd March depending on the moon sighting.

What to expect during Iftar

Iftar is the meal that breaks the fast at sunset, and it is a significant moment of the day. You can expect to see different and exciting activities in Dubai during iftar time, as people gather to break their fast with family and friends. Many restaurants and hotels offer iftar buffets, and it is a great opportunity to indulge in traditional Arabic cuisine.

hands sharing dates
dubai mosque
Visiting Mosques

Visitors are welcome to visit the beautiful mosques in Dubai. During Ramadan, mosques become even more significant as people gather for their daily prayers, including Taraweeh, which is a special prayer performed only during Ramadan.

Charity

Charitable giving is an essential aspect of Ramadan, organizations and companies in Dubai engage in various charitable activities. You can also take part in charitable activities during Ramadan, such as volunteering at a local charity organization or donating to a good cause.

hand holding charity box
Business As Usual

It is business as usual during the day for most businesses in Dubai. However, there are changes to keep in mind during Ramadan:

Working hours: Businesses in Dubai reduce their working hours during Ramadan, with some offices closing early in the afternoon. It is important to check with your employer or the business you plan to visit to confirm their working hours during the month of Ramadan.

Restaurants and cafes: With the announcements of new regulations in 2022, Commercial establishments such as restaurants and café can operate or serve meals as usual. There are others who will be closed during the day, but they will be open for iftar, which is the meal that breaks the fast at sunset. Many restaurants and hotels offer special iftar buffets during Ramadan, and it is a great opportunity to experience traditional Arabic cuisine.

Shopping Malls: Dubai’s shopping malls are open during Ramadan, their hours may be extended to during the fasting month. Some malls may open earlier in the day and close later at night, while others may be closed during the day and reopen in the evening.

Traffic: Traffic can be heavier than usual in Dubai during Ramadan, particularly in the late afternoon as people rush to get home for iftar.

Respect for local customs: It is important to be respectful of local customs and traditions during Ramadan. It is illegal to eat, drink, or smoke in public during fasting hours, and visitors are encouraged to dress modestly and avoid loud music or behavior in public places.

Overall, while there are some changes to keep in mind during Ramadan, most businesses in Dubai continue to operate as usual during the day. It is important to be mindful of local customs and traditions and to embrace the unique atmosphere of the city during this special time.

How can EZONE support you during Ramadan?

Although we have shortened our office timings, it’s still business as usual. If you have a solid business idea or planning to setup your own business, any PRO or visa requirements, we are just a call 800-EZONEUAE or email (hello@e.zone) away.

Ramadan or any other time, there may never be a ‘perfect’ time to start a business. Waiting for the perfect timing may result in missed opportunities.

mosque and moon illustration

#EmbracingEquity: How Women are Championing the Challenges

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embrace equity

#EmbracingEquity: How Women are Championing the Challenges

Marketing Team

Marketing Team

Women of EZONE

07 March 2023

Women in the GCC region, as well as in other parts of the world, encounter various obstacles to achieving gender equality. Some of these challenges include restricted access to the workforce or barriers to employment, limited representation in leadership positions, educational inequality to name a few.

The United Arab Emirates (UAE) along with Lebanon are the best performing countries in closing the gender gap in the region. And UAE is ranked 1st in MENA and 24th globally on women’s inclusion, justice and security.

paper cutouts of people
Equality vs Equity

Equality and equity are two concepts that are often used interchangeably, but they have distinct meanings.

Equality refers to the state of being equal, especially in rights, status, and opportunities. It means treating everyone the same regardless of their differences, such as race, gender, age, or socio-economic status. In other words, equality is about ensuring that everyone has access to the same resources and opportunities, regardless of their individual circumstances.

Equity, on the other hand, refers to the state of being fair and just, taking into account people’s differences and individual needs. It means providing different levels of support to different people, depending on their unique circumstances, to ensure that everyone has an equal chance of success. In other words, equity is about recognizing that people have different starting points and providing them with the necessary resources and support to achieve the same outcome.

In essence, equality is about treating everyone the same, while equity is about treating people fairly by giving them what they need to succeed. Both concepts are important in promoting social justice and creating a more equal society. However, achieving equity often requires going beyond equality and taking active steps to address systemic inequalities and provide support to those who need it most.

The Challenges 

Women may face cultural or societal barriers that prevent them from entering the workforce, such as restrictive dress codes, gender segregation, or limited access to education and training opportunities. Even when they do enter the workforce, women may face discrimination or bias that limits their opportunities for advancement or equal pay.

Additionally, women may be underrepresented in positions of power, both in the public and private sectors. This lack of representation can make it difficult for women to have a voice in decision-making and policy development, which can further perpetuate gender inequalities.

Furthermore, educational inequality is a significant barrier to gender parity. Girls may face limited access to education, particularly in science, technology, engineering, and mathematics (STEM) fields, which can limit their career opportunities and perpetuate gender gaps in the workforce.

women illustrations

Addressing these challenges requires a concerted effort from governments, organizations, and individuals to promote policies and practices that support gender equality, such as providing equal access to education and training, promoting diversity and inclusion in the workplace, and implementing policies to address gender-based discrimination and bias.

Championing the Challenges
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Embracing equity is a critical step towards achieving gender parity and promoting social justice. Women around the world are championing the challenges and working towards creating a more equitable society for all. Here are a few ways that women are making a difference:

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1. Advocating for policy change: Women are advocating for policy changes that promote gender equality, such as equal pay, parental leave, and anti-discrimination laws. By raising their voices and advocating for change, women are pushing governments and organizations to take action to address gender inequalities.

2. Breaking barriers in male-dominated industries: Women are breaking down barriers in traditionally male-dominated industries, such as STEM and politics. By stepping into these fields and achieving success, women are showing that gender should not be a barrier to success and encouraging others to follow in their footsteps.

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3. Supporting and mentoring other women: Women are supporting and mentoring other women to help them achieve their goals and overcome obstacles. By sharing their experiences and offering guidance, women are helping to build a community of support and empowerment.

4. Using their platforms to raise awareness: Women in positions of influence, such as celebrities and politicians, are using their platforms to raise awareness about gender inequality and advocate for change. By using their visibility and influence, these women are amplifying the voices of those who are often marginalized and working towards creating a more equitable society.

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Overall, women are making significant strides in championing the challenges and promoting equity. By working together and supporting each other, we can create a more just and equitable society for all.

women posing