Golden Visa

Simplify UAE Visa Services

How Tycoon Documents Helps You Simplify UAE Visa Services

How Tycoon Documents Helps You Simplify UAE Visa Services All Business Setup Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us The UAE has rapidly evolved into a global business hub, drawing entrepreneurs and companies from around the world. Setting up a business in this dynamic economy offers numerous benefits, but it also involves navigating a series of legal and administrative requirements. Managing visas, licenses, and complying with government regulations can be challenging—especially for foreign investors who may not be familiar with UAE’s processes. This is where Tycoon Documents’ Public Relations Officer (PRO) services can make a significant difference. With an expert team well-versed in UAE’s legal landscape, TycoonDocuments takes the burden off your shoulders, streamlining visa and licensing procedures and ensuring compliance. Here’s how Tycoon Documents can support your business growth in the UAE. What Are PRO Services? PRO services provide essential administrative support to businesses by managing government-related processes. A PRO acts as a liaison between companies and government entities, handling critical tasks such as visa applications, labor contracts, and compliance with local regulations. In the UAE, where formalities are numerous, PRO services are invaluable in helping companies meet legal obligations and save time, all while focusing on their core activities. How TycoonDocuments Supports You Through the UAE Visa Process The visa process is one of the most challenging tasks for businesses and individuals in the UAE. Tycoon Documents simplifies every step of the visa process, including: Employee and Investor VisasHiring expatriates in the UAE requires companies to secure work permits and residence visas, which involve labor approvals, medical screenings, residency processing, and even opening bank accounts. TycoonDocuments manages the entire process, ensuring that all paperwork is completed on time and submitted to the appropriate authorities. If you’re an investor setting up a business, Tycoon Documents will handle your investor visa requirements, guiding you through documentation, submission, and follow-ups for a seamless experience. Family VisasExpatriates often wish to bring their families to the UAE. Tycoon Documents manages the application process for dependent visas, including required documentation like Emirates IDs and health insurance. This ensures that all steps are managed with care, allowing families to settle smoothly. Visa Renewals and CancellationsUAE visas typically require renewal every two to three years. Missing a renewal deadline can result in fines or legal issues. Tycoon Documents tracks visa expiry dates, handles renewals, and ensures compliance to help you avoid penalties. Additionally, if an employee leaves the company, TycoonDocuments handles visa cancellations with immigration and labor departments to complete the necessary procedures. How Tycoon Documents Assists with UAE Business Licensing Obtaining and managing a business license in the UAE is complex and depends on various factors, such as business activity, jurisdiction, and legal structure. TycoonDocuments helps simplify licensing, including: New Business License ApplicationsSetting up a business in the UAE begins with securing a trade license. Different licenses are available for commercial, industrial, and professional activities, depending on your business. TycoonDocuments helps identify the correct license, gather required documents, and submit applications to the appropriate authorities. Additionally, different jurisdictions—mainland, free zones, and offshore—have distinct requirements, and Tycoon Documents ensures compliance in your chosen jurisdiction, reducing delays. License RenewalsBusiness licenses in the UAE are generally valid for one year and must be renewed annually. Failure to renew on time can lead to fines or operational disruptions. Tycoon Documents tracks renewal dates, completes paperwork, and submits fees on time to avoid business interruptions. License AmendmentsAs your business grows, you may need to update your trade license by changing your business name, adjusting activities, or modifying shareholder structures. Tycoon Documents assists with these amendments, ensuring that your license remains valid and up-to-date by handling legal documentation and coordinating with government authorities. Key Benefits of Outsourcing PRO Services to Tycoon Documents Outsourcing PRO services to Tycoon Documents offers several benefits for companies seeking to simplify their administrative processes in the UAE: Time SavingsVisa and licensing processes are time-consuming, especially for businesses new to UAE regulations. Tycoon Documents takes over these responsibilities, allowing you to concentrate on core business activities, while all government-related processes are handled efficiently. Cost EfficiencyEmploying an in-house PRO can be costly due to salary, training, and administrative overhead. Tycoon Documents provides a cost-effective solution by offering flexible packages suited to your business needs. Expert KnowledgeUAE regulations are complex and frequently updated. The expert team at Tycoon Documents keeps track of the latest changes to ensure your business remains compliant and avoids penalties. Legal ComplianceTycoonDocuments ensures that all documentation, procedures, and timelines are strictly adhered to, preventing legal issues and minimizing the risk of fines. How Tycoon Documents Simplifies Business Operations in the UAE Whether you’re establishing a new venture or expanding an existing business in the UAE, Tycoon Documents provides the expertise to handle all visa and licensing requirements. From employee visas to trade license renewals, TycoonDocuments’ PRO services offer reliable, cost-effective solutions for hassle-free compliance. Trust Tycoon Documents to handle your administrative tasks, so you can focus on growing your business in one of the world’s most vibrant economies. Let us simplify your journey in the UAE, helping you unlock opportunities while ensuring complete peace of mind. Business Setup Corporate PRO VISA Services Business Consulting Attestation Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment

United Arab Emirates
visa

UAE Visa Renewal Rules 2024

UAE Visa Renewal Rules 2024 All Business Setup Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us   UAE Visa Renewal Rules 2024 The UAE offers various visa options for different individuals and professions. Each year, the government updates visa rules, which are essential for businessmen, professionals, and immigrants to understand. These updates may be based on security concerns, political changes, public policy objectives, international relations, technological advancements, legal regulations, or public opinions. Many travelers often extend their stay in the UAE after their visa expires, leading to potential issues with future visa applications. If you have previously overstayed, it may result in the rejection of your Dubai visa application. Therefore, it is crucial to be aware of the latest renewal changes. Below, you’ll find the current UAE visa renewal rules, including the documents required for each type of visa. Documents Required for Dubai Visa Renewal 1. Green Residence (High-Level Skilled Worker) Documents: Passport copy (valid for at least 6 months) Permit from the Ministry of Human Resources and Emiratisation Employment contract (for governmental, semi-governmental, or free zone facilities) 2. Green Residence (Self-Employment) Documents: Passport copy (valid for at least 6 months) Free work permit from the Ministry of Human Resources and Emiratisation 3. Residence Permit for GCC Family Members Documents: Recent colored photo (white background) Passport copy Medical examination (for those over 18 years old) 4. Student Residence Permit Documents: Recent personal photo (white background) Passport copy Approved medical assessment 5. Residence Permit for Government and Semi-Government Sectors Documents: Passport copy Personal photo (white background) Approved medical examination (for individuals over 18 years old) 6. Residence Permit for Private Sector Documents: Passport copy Personal photo (white background) Approved medical examination (for individuals over 18 years old) 7. Green Residence Permit (Partner Investor) Documents: Personal photo (white background) Passport copy Approved medical examination (for individuals over 18 years old) ID receipt Health insurance 8. Residence Renewal for Family Members of Foreign Residents Documents: Recent personal photo (white background) Passport copy Approved medical examination (for individuals over 18 years old) 9. Virtual Work Residence Permit Renewal Documents: Colored personal photo Passport copy Health insurance copy Medical fitness test result Proof of remote work outside the UAE Salary certificate ($3,500 or equivalent) ID receipt 10. Residence Permit for Property Owners Documents: Passport copy Recent personal photo (white background) Real estate ownership certificate Proof of monthly salary (at least 15,000 AED or equivalent) 11. Residence Permit for Retired Foreigners Documents: Passport copy Property ownership certificate or valuation Personal photo (if applicable) Certificate of financial deposit (if applicable) Bank statement or income letter (if applicable) 12. Golden Residence Permit Renewal (Entrepreneurs) Documents: Passport copy Nomination letter from the Dubai Future Authority 13. Golden Residence Permit Renewal (Talent) Documents: Passport copy Relevant nomination letter from appropriate authorities (e.g., Dubai Culture Authority, Ministry of Economy, etc.) 14. Golden Residence Permit Renewal (Top Students and Graduates) Documents: Passport copy Relevant academic certificates Residence permit copy 15. Golden Residence Permit Renewal (Humanitarian Pioneers) Documents: Passport copy Recommendation from the Ministry of Community Development University qualification Residence permit copy 16. Golden Residence Permit Renewal (First Line of Defense) Documents: Passport copy Recommendation from the relevant government agency Residence permit copy How to Renew a UAE Visit Visa Without Exit Tourists can stay in the UAE for 30 days and extend their visa twice for 30 days each. To extend your visa, contact the travel company that processed your original visa or apply online through the relevant UAE immigration website. Steps to Apply for Dubai Visa Renewal Online Enter the passport or travel document details used for the visa application. Select the Unified number. Provide your passport number or document number. Choose your Passport/Document Type. Provide your date of birth as shown on your passport. Provide your nationality as stated on your passport. Click the search button to access your visa information. Benefits of Dubai Visa Extension Stay longer in Dubai and explore more attractions. Flexibility in travel plans. Avoid costly overstay fines. Seamlessly continue work or business activities. Spend extended time with friends and family in Dubai. Dubai Visa Extension Fees Total Cost: 1,100 AED (includes 100 AED request fee) How to Check an Overstay Fine in UAE If you overstay your visa, fines will be charged as follows: Overstay Fee: 50 AED per day. Additional 100 AED charged at the border crossing when leaving. To Check Overstay Fines Online: GDRFA Website: Log in and select the appropriate file format. Provide the requested information. Complete the captcha verification. Submit to view fine details. ICP Website: Visit the official ICP website. Choose ‘Public Services.’ Complete the required information. Check captcha and click ‘Search’ to view fine details. Staying informed about these regulations will help ensure a smooth visa renewal process in the UAE. Tycoon Documents Will help you to Renew  Your Visa,Contact Us Business Setup Corporate PRO VISA Services Business Consulting Attestation Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment

Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah
UAE Golden Visa

12 Key Benefits of UAE Golden Visa

12 Key UAE Golden Visa Benefits All Business Setup. Corporate PRO, VISA Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us The UAE Golden Visa is a game-changing initiative that offers long-term residency to foreign talents, investors, and their families. It goes beyond traditional visa offerings, providing a range of unique benefits, such as property ownership rights and no need for a local sponsor. The visa also grants access to top-tier healthcare and education facilities, along with tax-related advantages. This program is designed to attract skilled professionals and enhance the UAE’s growth and global presence. Let’s explore the top 12 benefits of the UAE Golden Visa and how it can transform your living and working experience. What is a Dubai Golden Visa? The UAE introduced long-term residency visas for specific groups. These visas are renewable and can last for 5 or 10 years, depending on the visa type. What’s more, residents and foreigners can obtain long-term visas without needing a local sponsor. However, renewals depend on certain conditions. Eligible individuals include investors, entrepreneurs, specialized talents, and others. The Golden Visa aims to attract and retain skilled professionals and entrepreneurs, with over 400 people already benefiting from it. 12 Key UAE Golden Visa Benefits Long-Term Residency The UAE Golden Visa offers up to 10 years of residency, much longer than standard visas. This allows individuals and their families to plan for long-term personal and professional growth, making it easier to set up businesses or advance careers. Property Ownership Privileges Golden Visa holders enjoy the exclusive right to own property in the UAE. They also benefit from lower mortgage interest rates, making property investments more affordable in the UAE’s thriving real estate market. No Local Sponsor Required Golden Visa holders do not need a local sponsor, offering greater independence for investors and entrepreneurs. This flexibility makes it easier to set up and manage businesses without restrictions. Family Sponsorship One of the most appealing aspects of the Golden Visa is the ability to sponsor family members under the same visa. This simplifies the process, allowing families to stay together without the need for multiple applications. Access to Career and Business Opportunities The UAE provides excellent infrastructure and opportunities for career growth and entrepreneurship. With the Golden Visa, holders have access to a business-friendly environment with state-of-the-art amenities. Tax-Free Personal Income The UAE’s tax policy exempts residents, including Golden Visa holders, from paying personal income tax, allowing you to keep more of your earnings from employment and investments. Multiple Entry Visa Golden Visa holders can freely enter and exit the UAE without needing to apply for a new visa each time, making it convenient for frequent travelers and families with international ties. Healthcare Access The UAE offers world-class healthcare services, and Golden Visa holders and their families can access these facilities with ease, ensuring a high quality of life and peace of mind. Educational Access The visa provides access to top-tier education for children, with discounts available for higher education. This makes the UAE an ideal place for families looking to provide the best education for their children. Esaad Privilege Card Some Golden Visa holders receive the Esaad Privilege Card, which offers discounts on a wide range of services like healthcare, real estate, and banking, adding extra value to the visa. Travel Benefits Golden Visa holders enjoy the benefit of being able to stay abroad for extended periods without losing their residency status, making Dubai a perfect home base for frequent travelers. Retirement Planning The Golden Visa is an excellent option for retirees looking to settle in a safe, luxurious, and culturally diverse city like Dubai. FAQs Q1. Who is eligible for a UAE Golden Visa?Eligible individuals include scientists, investors, athletes, entrepreneurs, startup owners, and those who have made significant contributions during crises. Q2. How long can Golden Visa holders stay outside the UAE?There are no restrictions on how long Golden Visa holders can stay outside the UAE. They are only required to visit once or twice a year to maintain their status. Q3. Can a UAE Golden Visa lead to citizenship?No, the Golden Visa does not offer a pathway to UAE citizenship. However, investors seeking citizenship can explore opportunities in European countries like Greece or Portugal. Q4. What are the main perks of a UAE Golden Visa?The perks include long-term residency, the ability to sponsor family members, and no requirement to stay in the UAE continuously. Q5. Is it possible to buy a Golden Visa in the UAE?Yes, foreign nationals can purchase real estate worth at least AED 2 million (about $545,000) to qualify for a 10-year Golden Visa. Q6. What is the minimum salary requirement for a UAE Golden Visa?For CEOs in the private or public sector, the minimum salary requirement is AED 50,000 per month, along with a bachelor’s degree and at least five years of UAE work experience. For more information on obtaining your UAE Golden Visa, you can consult TycoonDocuments for expert guidance. Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment

Abu Dhabi, Ajman, Dubai, Fujairah, News, Ras Al Khaimah, Sharjah
Golden visa for teachers

Dubai Introduced 10-Year Golden Visa for Teachers! Check Your Eligibility

Golden Visa: Newly Introduced 10-Year Golden Visa for Teachers in Dubai! Check Your Eligibility All Business Setup. Corporate PRO, VISA Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us   Dubai’s Knowledge and Human Development Authority (KHDA) has announced the eligibility criteria and the date for teachers in private schools to start applying for the Golden Visa. Teachers can begin applying from 2024 October 15 for this special long-term visa. The Golden Visa for educators was introduced as a way to recognize and reward outstanding teachers who have made significant contributions to Dubai’s education system. The announcement was made on World Teachers’ Day, following an order from Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Chairman of The Executive Council. Purpose of the Golden Visa for Educators The initiative aims to honor teachers who demonstrate: Excellence and innovation in their work Dedication to shaping the future of Dubai through education Positive contributions to student success and academic achievement The visa is part of Dubai’s broader commitment to nurturing talent, investing in human capital, and celebrating the role of educators in inspiring and empowering future generations. The Golden Visa for educators will be valid for 10 years and is renewable as long as the eligibility criteria are maintained. Who Can Apply for the Golden Visa? The Golden Visa is open to various educational professionals working in private schools, nurseries, and universities in Dubai. Eligible roles include: School principals and school leaders Early childhood center managers Academic heads of higher education institutions (HEIs) Teachers (from both schools and early childhood centers) Full-time faculty members and senior administrative leaders at universities Eligibility Criteria To qualify for the Golden Visa, educators must meet certain criteria based on their roles: Teachers and Faculty Members: Exceptional academic achievements and contributions to innovation in education. Proven success in improving the quality of education at their institutions. Demonstrating a positive impact on student outcomes, such as academic progress or recognized qualifications. School Principals and Leadership: Must have improved the school’s Dubai Schools Inspections Bureau (DSIB) rating to at least “Good” or maintained/further improved it. Evidence of leadership impact, including positive feedback from students, parents, and staff. Recognition and awards, such as a prestigious education award or participation in grants, competitions, or fellowships. Proven contributions to community work through educational projects or partnerships. Higher Education Institution Leaders: Must hold an advanced degree (e.g., PhD, professional doctorate, or master’s) or relevant professional qualifications (e.g., CPA). Must provide evidence of research contributions, such as published work in reputable journals, research grants, and collaborations. Demonstrate leadership by improving student outcomes (graduation rates, academic progress). Application Process KHDA has outlined a multi-step process for applying for the Golden Visa: Nomination: The process begins with a nomination from the candidate’s educational institution. Interested educators should discuss their interest with the head of their institution. If the institution supports the application, it will nominate the educator through the KHDA’s e-Services system. Internal Review: The institution will form an internal committee to review all the nominations and ensure they meet the eligibility criteria. Submission to KHDA: Once reviewed internally, the institution will submit the applications to KHDA. KHDA will assess the applications and coordinate with other relevant entities to finalize the list of educators eligible for the Golden Visa. Approval: If approved, KHDA will notify the selected educators and provide them with instructions to continue the visa process through the General Directorate of Residency & Foreigners Affairs (GDRFA). Required Documents Candidates will need to provide colored scans of their original documents during the application process. Original documents may be requested at later stages for verification purposes. Application Fees The Golden Visa application fees are available on the official GDRFA website. The cost of the visa will typically be covered by the educator unless their institution has agreed to bear the fees. Application Timeline Application period: Mid-October to mid-December every year. Processing time: 45 working days from the submission of all required documentation. Sponsoring Family Members Once an educator receives the Golden Visa, they will also be eligible to sponsor residency permits for their family members (spouse and children), allowing them to stay in the UAE for the duration of the visa. Frequently Asked Questions (FAQs) 1. How do I start the application process? You need to express your interest to your institution, and they will nominate you through the KHDA system if they support your application. 2. What happens after my application is submitted? Your institution will review your application, and if it meets the criteria, it will be forwarded to KHDA for final approval. 3. Do I need to submit original documents? You can submit colored scans, but original documents may be required at a later stage. 4. Are there fees involved in the application process? Yes, the fees are outlined on the GDRFA’s official website. 5. My current visa is about to expire. Should I wait for the Golden Visa or renew my current visa? It’s recommended to renew your current visa to avoid any legal issues, as the Golden Visa application process may take time. 6. How long does it take to process the Golden Visa? The process takes about 45 working days after all documentation is submitted. 7. What happens if my application is approved? You will receive instructions from KHDA to continue the process through GDRFA. 8. Who covers the cost of the Golden Visa? KHDA only nominates candidates. The applicant or the institution will need to cover the visa fees unless there is an agreement that the institution will pay. 9. Can I sponsor my family if I get the Golden Visa? Yes, you can apply for residency permits for your spouse and children. 10. I’m under my spouse’s sponsorship. Can I still be nominated? Yes, as long as you have a valid KHDA teaching license. 11. Do I need to meet all the criteria to submit my application? The more criteria you meet, the higher your chances of being selected. 12. Can I

Dubai, News
Creative City Free Zone Authority

Everything you need to know about Fujairah Business Setup

Everything you need to know about Fujairah Business Setup All Business Setup Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us Business Setup in Fujairah Fujairah, the only emirate that is located at the eastern side of the United Arab Emirates, has prominent business opportunities awaiting investors. The less-populated emirate out of the 07 emirates in the UAE, Fujairah has both seaport and airport. Thus ensuring better connectivity, ease of movement of support equipment/ raw materials, and the optimal possibility to export/ import products. Along with, adequately planned infrastructure and generous investment policies.   Although slow, investors are identifying the constructive factors that can be advantageous for setting up and functioning of the business. By utilizing the facilities provided by the government and establishing the right business, you can reap the best results in Fujairah. It is advisable to be among an initial lot of investors in the emirates. You can explore varying business options and markets to achieve the desired result and accomplish your dream. The federal authority has laid down certain regulations for Fujairah company formation. You can form a company in either Fujairah Mainland or Free Zone. 3 Types of Business Jurisdictions in UAE Mainland Freezone offshore Mainland companies are licensed by the Department of Economic Development (DED) of the respective emirate. They can operate both within and outside the UAE. Local Market Access: Mainland companies can do business anywhere in the UAE, including the local market. Office Location: Flexibility to open an office anywhere in the UAE. Business Activities: No restrictions on the types of business activities. Government Contracts: Eligibility to bid for government projects and contracts. Local Sponsorship : Not Mandatory for all Business Freezone companies are established in designated areas that offer specific economic benefits. Full Ownership: 100% foreign ownership is allowed. Tax Benefits: Often enjoy tax exemptions, such as no personal or corporate income taxes. Repatriation: 100% repatriation of capital and profits. Simplified Procedures: Easier and faster company setup procedures. Customs Duty Benefits: Exemption from import and export duties within the freezone. Specific Activities: Some freezones are specialized and restrict the type of business activities. Offshore companies are set up for international business operations outside the UAE. Full Ownership: 100% foreign ownership is allowed. Privacy: High level of confidentiality and privacy. Tax Benefits: No taxes on income earned outside the UAE. Cost-Effective: Lower setup and operating costs. No Physical Presence: Cannot have a physical office in the UAE or conduct business within the UAE. Restrictions: Limited to international business activities, primarily for holding, asset protection, and international trading. Freezones in Fujairah Creative City Free Zone Fujairah Free Zone Frequently Asked Questions Here are answers to the most frequently asked questions. Can foreign nationals own 100% of a company in Dubai? Yes, a foreign national is eligible for 100% ownership of a free zone/Offshore and In Mainland  specific business company in Dubai, and across the UAE. Can foreign nationals register a company in Dubai? Yes, foreign nationals can easily register a business in Dubai. Professional assistance is necessary for aspects like licensing, visa issuance, and bank account opening, and a business setup consultant in Dubai can assist you with this. Can I start a business in Dubai or UAE without an office? Yes, Dubai/UAE  allow you to register and own businesses without the need for a physical office space. Can I secure visas for my dependents through a free zone business in the UAE? Yes, you can easily sponsor your spouse and children through a free zone business license.You are Eligible for Family Visa What are the different types of business licenses issued in UAE? The three(3) most prominent licenses available in UAE are professional, commercial, and industrial.  Professional license: A professional license permits offering specialized services such as consultancy, accounting, legal advisory, and so on. This license is required for skilled professionals looking to set up businesses and deliver services based on their intellectual or artistic capability. Commercial license: A commercial license is granted for businesses involved in trading activities and is required to legally conduct activities such as import and export of goods within and outside the UAE.  Industrial license: An industrial license is needed for businesses conducting activities such as manufacturing, packaging, segregation, etc. What documents are required to start a free zone business in UAEi? The following documents are required from the shareholder(s) and manager(s) for free zone company formation : Passport copy Latest UAE entry stamp/visit visa copy Residence visa copy and Emirates ID (for UAE residents) Address proof Passport-size photo Please note that in addition to these, you may be required to submit additional documents. Consulting with a Tycoon business setup company will help you gain more information in this regard. Business Setup Corporate PRO VISA Services Business Consulting Attestation Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment

Fujairah, Umm Al Quwain
UAQ FREE ZONE

Everything you need to know about UAQ Business Setup

Everything you need to know about UMM AL-QUWAIN Business Setup All Business Setup Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us Business Setup in UAQ Another business destination that provides excellent chances for corporate entities is Umm Al Quwain, which is situated on the west coast of the United Arab Emirates. For several companies, the Umm Al Quwain Free Trade Zone (UAQFTZ) created a new playing field. They came in droves to discover the great advantages of the emirate. Both big corporations and SMEs have praised UAQ for its business-friendly environment. There are no obstacles in the way of starting a company. The administration will provide outstanding assistance during the procedure. In addition to a system that promotes company expansion. The emirate has demonstrated optimistic aspects that businesspeople have yet to recognize. Tycoons is a company setup service provider in the United Arab Emirates that helps uncover UAQ’s growth potential. Numerous business firms have received our assistance in establishing their operations in the emirate. We are really happy to see them succeeding in their different industries. With the years of experience under our belts, we guarantee the greatest support for your business. 3 Types of Business Jurisdictions in UAE Mainland Freezone offshore Mainland companies are licensed by the Department of Economic Development (DED) of the respective emirate. They can operate both within and outside the UAE. Local Market Access: Mainland companies can do business anywhere in the UAE, including the local market. Office Location: Flexibility to open an office anywhere in the UAE. Business Activities: No restrictions on the types of business activities. Government Contracts: Eligibility to bid for government projects and contracts. Local Sponsorship : Not Mandatory for all Business Freezone companies are established in designated areas that offer specific economic benefits. Full Ownership: 100% foreign ownership is allowed. Tax Benefits: Often enjoy tax exemptions, such as no personal or corporate income taxes. Repatriation: 100% repatriation of capital and profits. Simplified Procedures: Easier and faster company setup procedures. Customs Duty Benefits: Exemption from import and export duties within the freezone. Specific Activities: Some freezones are specialized and restrict the type of business activities. Offshore companies are set up for international business operations outside the UAE. Full Ownership: 100% foreign ownership is allowed. Privacy: High level of confidentiality and privacy. Tax Benefits: No taxes on income earned outside the UAE. Cost-Effective: Lower setup and operating costs. No Physical Presence: Cannot have a physical office in the UAE or conduct business within the UAE. Restrictions: Limited to international business activities, primarily for holding, asset protection, and international trading. Freezones in UAQ Umm Al-Quwain Free Zone Frequently Asked Questions Here are answers to the most frequently asked questions. Can foreign nationals own 100% of a company in Dubai? Yes, a foreign national is eligible for 100% ownership of a free zone/Offshore and In Mainland  specific business company in Dubai, and across the UAE. Can foreign nationals register a company in Dubai? Yes, foreign nationals can easily register a business in Dubai. Professional assistance is necessary for aspects like licensing, visa issuance, and bank account opening, and a business setup consultant in Dubai can assist you with this. Can I start a business in Dubai or UAE without an office? Yes, Dubai/UAE  allow you to register and own businesses without the need for a physical office space. Can I secure visas for my dependents through a free zone business in the UAE? Yes, you can easily sponsor your spouse and children through a free zone business license.You are Eligible for Family Visa What are the different types of business licenses issued in UAE? The three(3) most prominent licenses available in UAE are professional, commercial, and industrial.  Professional license: A professional license permits offering specialized services such as consultancy, accounting, legal advisory, and so on. This license is required for skilled professionals looking to set up businesses and deliver services based on their intellectual or artistic capability. Commercial license: A commercial license is granted for businesses involved in trading activities and is required to legally conduct activities such as import and export of goods within and outside the UAE.  Industrial license: An industrial license is needed for businesses conducting activities such as manufacturing, packaging, segregation, etc. What documents are required to start a free zone business in UAEi? The following documents are required from the shareholder(s) and manager(s) for free zone company formation : Passport copy Latest UAE entry stamp/visit visa copy Residence visa copy and Emirates ID (for UAE residents) Address proof Passport-size photo Please note that in addition to these, you may be required to submit additional documents. Consulting with a Tycoon business setup company will help you gain more information in this regard. Business Setup Corporate PRO VISA Services Business Consulting Attestation Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment

Umm Al Quwain
Ajman FreeZone

Everything you need to know about Ajman Business Setup

Everything you need to know about Ajman Business Setup All Business Setup Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us Business Setup in Ajman Business setup in Ajman will be a profitable decision. You can establish a firm in either Mainland or Free Zone jurisdiction. Both domains have numerous opportunities for expansion. Ajman is the smallest of the seven emirates in the UAE. To accelerate the emirate’s development, its authorities have enacted rules and directives that encourage investment. It has identified the four essentials, which envision a significant improvement in the infrastructural, business, and organizational structures. Those will be considered while planning development activities and city plans. Ajman rulers envision improving the emirate by encouraging the spirit of togetherness, adhering to regulations that will be essential in constructing a green economy, formulating rules and regulations for a happy society, and promoting excellence in activities under taken by Ajman Government 3 Types of Business Jurisdictions in UAE Mainland Freezone offshore Mainland companies are licensed by the Department of Economic Development (DED) of the respective emirate. They can operate both within and outside the UAE. Local Market Access: Mainland companies can do business anywhere in the UAE, including the local market. Office Location: Flexibility to open an office anywhere in the UAE. Business Activities: No restrictions on the types of business activities. Government Contracts: Eligibility to bid for government projects and contracts. Local Sponsorship : Not Mandatory for all Business Freezone companies are established in designated areas that offer specific economic benefits. Full Ownership: 100% foreign ownership is allowed. Tax Benefits: Often enjoy tax exemptions, such as no personal or corporate income taxes. Repatriation: 100% repatriation of capital and profits. Simplified Procedures: Easier and faster company setup procedures. Customs Duty Benefits: Exemption from import and export duties within the freezone. Specific Activities: Some freezones are specialized and restrict the type of business activities. Offshore companies are set up for international business operations outside the UAE. Full Ownership: 100% foreign ownership is allowed. Privacy: High level of confidentiality and privacy. Tax Benefits: No taxes on income earned outside the UAE. Cost-Effective: Lower setup and operating costs. No Physical Presence: Cannot have a physical office in the UAE or conduct business within the UAE. Restrictions: Limited to international business activities, primarily for holding, asset protection, and international trading. Freezones in Ajman Ajman Free Zone Ajman Media City Free Zone Frequently Asked Questions Here are answers to the most frequently asked questions. Can foreign nationals own 100% of a company in Dubai? Yes, a foreign national is eligible for 100% ownership of a free zone/Offshore and In Mainland  specific business company in Dubai, and across the UAE. Can foreign nationals register a company in Dubai? Yes, foreign nationals can easily register a business in Dubai. Professional assistance is necessary for aspects like licensing, visa issuance, and bank account opening, and a business setup consultant in Dubai can assist you with this. Can I start a business in Dubai or UAE without an office? Yes, Dubai/UAE  allow you to register and own businesses without the need for a physical office space. Can I secure visas for my dependents through a free zone business in the UAE? Yes, you can easily sponsor your spouse and children through a free zone business license.You are Eligible for Family Visa What are the different types of business licenses issued in UAE? The three(3) most prominent licenses available in UAE are professional, commercial, and industrial.  Professional license: A professional license permits offering specialized services such as consultancy, accounting, legal advisory, and so on. This license is required for skilled professionals looking to set up businesses and deliver services based on their intellectual or artistic capability. Commercial license: A commercial license is granted for businesses involved in trading activities and is required to legally conduct activities such as import and export of goods within and outside the UAE.  Industrial license: An industrial license is needed for businesses conducting activities such as manufacturing, packaging, segregation, etc. What documents are required to start a free zone business in UAEi? The following documents are required from the shareholder(s) and manager(s) for free zone company formation : Passport copy Latest UAE entry stamp/visit visa copy Residence visa copy and Emirates ID (for UAE residents) Address proof Passport-size photo Please note that in addition to these, you may be required to submit additional documents. Consulting with a Tycoon business setup company will help you gain more information in this regard. Business Setup Corporate PRO VISA Services Business Consulting Attestation Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment

Ajman, Umm Al Quwain
Golden Gate

Everything you need to know about Golden Visa

Everything you need to know about Golden Visa All VISA Related Services: Contact Tycoon Documents, Dubai Check Eligibility Contact us What Is the UAE Golden Visa? In 2019, the United Arab Emirates launched a new visa system for long-term visa holders. This is known as a Golden visa. This Golden Visa allows foreigners to live, work and study in the United Arab Emirates. The 2019 amendment hopes to attract new foreign residents, especially to Dubai. Read on to learn about the eligibility criteria and advantages of the UAE Golden Visa. The UAE’s ‘Golden visa’ is a long-term residence visa which enables foreign talents to live, work or study in the UAE while enjoying exclusive benefits which include: an entry visa for six months with multiple entries to proceed with residence issuance a long-term, renewable residence visa valid for 5 or 10 years the privilege of not needing a sponsor the ability to stay outside the UAE for more than the usual period of six months in order to keep their residence visa valid the ability to sponsor their family members, including spouses and children regardless of their ages the ability to sponsor unlimited number of domestic helpers the permit for family members to stay in the UAE until the end of their permit duration, if the primary holder of the Golden visa passes away. UAE Golden Visa Category   Investors Public investmentReal estate investment Entrepreneurs Owner of a registered startupApproved idea of a startupFounder of a startup that was sold outside or inside the UAE Exceptional talents Culture & ArtInventors & InnovatorsSportsDigital technology Scientists & Professionals ScientistsChief Executives & Senior OfficialsScience ProfessionalsEngineering ProfessionalsHealth ProfessionalsEducation ProfessionalsBusiness and Administration ProfessionalsInformation Technology ProfessionalsLegal, Social, and Cultural Professionals Outstanding Students & Graduates Best performing secondary school studentsBest graduates from UAE universitiesGraduates of the best 100 universities worldwide Humanitarian Pioneers Renowned members of international and regional organizations and associations of public benefitRecipients of awards in humanitarian fieldsVolunteers and sponsors of humanitarian efforts Frontline Heroes Frontline workers that show extraordinary efforts in crises, such as pandemics Advantages of Having a UAE Golden Visa You can work, reside, travel, and invest in the UAE You will hold a long-term renewable visa valid for 10 years You can sponsor yourself and your family members regardless of their ages You can sponsor unlimited number of domestic helpers You will be allowed for multiple entries followed by the issuance of residency permits You can stay outside of the UAE for any duration without having to nullify your Golden Visa. Allows your family to stay within the UAE until the end of the duration of the Golden Visa even in the event of the primary visa holder’s death. All foreign nationals holding a Golden Visa and having driving license from their home country can now take driver’s test without extra lessons Additionally, if the Golden Visa holders have a license from one of 32 approved countries, including the US, UK, Australia, Italy, Saudi Arabia, South Africa, Spain, New Zealand, Qatar, Kuwait, and Ireland, they will automatically be eligible for a UAE driver’s license You can have 100% ownership of any business started and operated in the UAE. All Golden Visa holders will be gifted the coveted Esaad Privilege Card for FREE Golden visa requirements Investors in public investments If you invest in an investment fund, you may be granted a Golden Visa for a period of 10 years without a sponsor, subject to the: submission of a letter from an investment fund accredited in the UAE stating that the investor has a deposit of AED two million, or submission of a valid commercial licence or industrial licence and a memorandum of association stating that the investor’s capital is not less than AED two million submission of a letter from Federal Tax Authority stating that the investor pays the government no less than AED 250,000 (two hundred and fifty thousand) annually.   Additionally, you must: own the invested capital completely; it must not be a loan and provide proof of medical insurance for himself and his family (if any). Real estate investors If you own a property or a group of properties, you may be granted a Golden visa for a period of 5 years, renewable on the same conditions and without a sponsor subject to the: provision of a letter from the land department of the respective emirate stating that he owns one or more properties whose value is not less than 2 million dirhams purchase of a property with a loan from specific local banks approved by the competent local entity. Entrepreneurs If you are an entrepreneur, you may get a Golden visa for a period of 5 years, if you own an economic project of a technical or future nature based on risk & innovation. In addition, you must have an approval letter from each of the following: an auditor in the UAE stating that the project value is not less than 500,000 dirhams the authorities in the emirate stating that the project is of a technical or future nature an accredited business incubator in the UAE to establish the proposed activity in the country Outstanding specialised talents Outstanding specialised talents include: doctors scientists creative people of culture and art inventors executives specialists in scientific fields athletes doctoral degree holders and specialists in the fields of engineering and science.   Subjects relating to engineering and science include: epidemiology and viruses artificial intelligence big data computer engineering electronic engineering software engineering electrical engineering genetics and biotechnology engineering.   If you have an outstanding specialised talent, you may get a Golden visa for 10 years after meeting the requirements mentioned below for each category: Doctors and scientists an approval Letter from Ministry of Health and Prevention in the UAE to practice the profession of medicine (for doctors) a letter of recommendation from Emirates Council of Scientists or a letter from Secretariat of the Mohammed bin Rashid Medal for Scientific Excellence stating that the applicant has been awarded the Medal of Scientific Excellence (for scientists).   Inventors

Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah, Umm Al Quwain
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