A Memorandum of Association is the founding legal document of a UAE company, setting out ownership, share capital and governance terms with the relevant licensing authority. Key Takeaways The MOA is a statutory document, filed with the licensing authority, not a private agreement between shareholders. It covers ownership and share capital structure, naming shareholders and […]
FZE and FZCO are the two standard free zone company structures in the UAE, and the choice between them comes down almost entirely to how many shareholders the company has. Key Takeaways FZE stands for Free Zone Establishment, a structure built for a single shareholder, whether an individual or a single corporate entity. FZCO stands […]
You can check UAE visa status using just a passport number, without needing an Emirates ID or application reference, through the same official portals used to check fines and residency validity. Key Takeaways Passport number alone is often enough to check visa status for visit, tourist and some residency visa types through GDRFA and ICP […]
UAE visa overstay fines accrue daily from the day a visa or entry permit expires, and they must be settled before a resident or visitor can legally exit the country or apply for a new visa. Key Takeaways Fines accrue per day of overstay, not as a single flat penalty, so a short delay in […]
End-of-service gratuity in the UAE is calculated on basic salary, not total salary, using a formula that changes once an employee passes five years of continuous service. Key Takeaways Gratuity applies after at least one year of continuous service. An employee who leaves before completing one year is not entitled to it under standard Labour […]
A UAE business credit score reflects how reliably a company pays its obligations, and it increasingly affects loan approval, supplier credit terms, and even how banks price a corporate account relationship. Key Takeaways Business credit scores are separate from personal credit scores, even for a sole shareholder, since the company is its own credit-reportable entity. […]
An escrow account holds funds with a neutral third party until agreed conditions are met, and in the UAE it is mandatory for off-plan property sales, not just an optional safeguard for cautious buyers. Key Takeaways An escrow account is not the same as a regular bank account. A licensed escrow agent holds the funds […]
UAE banks now scrutinise where a company’s money actually comes from, and a business that can’t clearly explain its source of funds is one of the most common reasons a corporate bank account gets delayed, frozen, or closed. Key Takeaways Source of funds and source of wealth are different questions. Source of funds asks where […]
A UAE family visa lets a resident sponsor their spouse, children or parents to live in the country, provided the sponsor meets a minimum salary or business ownership threshold. Key Takeaways Sponsorship depends on your own status, not the family member’s. Employees, business owners and Golden Visa holders each sponsor under slightly different conditions. A […]
Documents clearing covers the errand work of UAE business and personal paperwork: typing, submission, attestation runs and follow-up with government counters, done by someone who knows the process instead of you learning it under deadline. Key Takeaways “Documents clearing” and “typing centre” overlap but aren’t identical. A typing centre prepares and submits a form; documents […]
