Virtual License in Dubai
Business Licenses
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Setting up a business in UAE is quite astounding as it attracts investors and entrepreneurs all around the world with remarkable benefits and facilities. The introduction of a Virtual Company License in Dubai has made it much easier to start a business in the UAE. The foreigners have to relocate to UAE to set up their businesses. But now, with this new virtual license in Dubai, non-UAE residents can start their own company without leaving their home country!
The Virtual Company License is another initiative to facilitate Global Investors in Dubai. This license allows investors to set up a company in Dubai without having a residency in Dubai. Application of the new virtual license in Dubai is open to foreign businesses from over 101 countries and covers main sectors including creative industries, technology, and services.
Eligible countries include Brazil, Cameroon, Canada, China, India, Nigeria, Pakistan, Russia, Saudi Arabia, South Africa, Uganda, the UK, and the USA.
Non-eligible countries include Afghanistan, Belarus, Egypt, Iran, Oman, Serbia, Sri Lanka, Thailand, and Venezuela.
Benefits of Virtual License in Dubai
- Low business setup cost
- Quick and Easy way to start and grow business
- Can start your company without the physical presence
- Can access new customers and business opportunities easily
What are the Requirements for Obtaining a Virtual License in Dubai?
- The applicant must reside outside UAE. The UAE residents cannot be applicants for the license.
- The company owner in Dubai must be a citizen or tax resident from any of the 101 approved countries. This covers countries such as India, Pakistan, Saudi Arabia, the United States, Canada, Russia, China, Japan, etc. (For a complete list of nations that have been accepted, please see the VCC’s official website.)
- Only business activities from the pre-defined sectors can set up a virtual business in Dubai. Printing and advertising services, computer programming, and allied activities such as consulting; and design activities in fashion, jewelry, and interiors are among the specified sectors.
Initially, register your company as a virtual company. You’ll have to provide information like your name, address, phone number, birth date, passport number, and any experience you’ve had with Dubai. It is also necessary for the owner to submit the company’s trade license name.
The following documents have to be submitted:
- A copy of your passport
(with more than 3 months till expiry) - Address proof
(any utility bill or official letter not more than 3 months old) - Proof of tax resemblance
(if you are not from the approved countries) - The white backdrop for an up-to-date photograph
(not more than 3 months old)
The owner must visit VFS Global for identity and passport verification in person after gaining authorization.
After successfully validating the identification at VSF Global, owners will have to pay the license cost.
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Any Advice
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At Booming Bytes, we have a team of business setup experts who can help you in obtaining a virtual license in Dubai without your physical presence. Contact us for a free consultation and share your business activity plan with us. We will take care of all the complete procedures to be done for starting your company in Dubai. A virtual company license is a great opportunity for all entrepreneurs and businessmen outside UAE to grow their businesses in Dubai. Don’t miss it. Get in touch with us now!