Sunday, February 16, 2020

Looking for Business Visa in UAE?


Looking for Business Visa in UAE?

A business visa is part of the Golden Visa system under which foreigners can obtain a long-term visa for themselves and their dependants. It aims to create an attractive environment for businesses and the UAE’s economic growth.

To obtain the business applicants, you must:

  • be able to substantiate your experience as an entrepreneur
  • have been a majority shareholder of a start-up or a member of its senior leadership
  • be willing to relocate to the UAE and legally establish a business in one of the seven emirates
  • have a business idea or a business plan that you wish to bring to life in the UAE.
In addition, applicants must successfully pass the requirements of the Federal Authority for Identity and Citizenship, including a background check and health assessment.

Applying for business visa:-

In order to apply for a business visa, you will need to have your nomination approved by an incubator supported by the UAE government. Once your nomination has been approved, you will be invited to apply for the visa through the Federal Authority for Identity and Citizenship.

The procedure for nomination is as follows:
  • Visit https://business.goldenvisa.ae and create a new account.
  • Once your account is verified, log in and apply for nomination.
  • Submit your completed application. The process might take up to 30 days for your application to be reviewed.
Note:
  • If your nomination is successful, you will receive a link to upload the required documents and complete your application for the visa.
  • If your nomination is not approved, please apply again after 90 days.
Awareness of business laws:-

The UAE has several regulations in place for smooth and fair conducting of businesses. As a responsible entrepreneur, you are obliged to comply with laws that
  • govern your business
  • protect labour rights, consumer rights and intellectual property rights
  • protect health and environment and ensure safety
  • Govern the free zone in which your business is set up in.
 Benefits of business visa:-
Once the visa is issued, the applicant is allowed to:
  • enter the country for a period of six months with a multiple-entry visa, to facilitate the procedures of establishing the business
  • Nominate up to three of his business’s senior staff to obtain residency.
If you have the desire to establish a Company in the UAE, and reap the benefits of investing in the world’s most rapidly growing economic market, we invite you to view our profile Emirates Advocates, which covers all our practice areas and which will provide you with an insight into the scope of legal services.




Source: government.ae

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