Do you want to set up a business or an entrepreneurial venture in Dubai? The emirate has become an immensely attractive business destination for entrepreneurs thanks to a tax-free economy, strategic geographic location and foreigner-friendly legal system. The prospect of establishing a startup in Dubai becomes considerably more convenient if you acquire a Dubai Business Visa.
A part of the UAE Golden Visa system, a Dubai Business Visa allows foreign applicants to acquire a long-term visa for their dependents and themselves. The visa comes with a number of obvious benefits. For one, the visa allows expats to stay in the country for a longer period of time, which helps exponentially when carrying out the intricacies of running a business in the city. Additionally, the influx of new ventures also contributes to the country’s economic growth.
Also aptly referred to as a Dubai startup visa, the Dubai Business Visa is available for any eligible entrepreneur who has set up a business in the UAE before and wishes to do so again. However, to fulfil the eligibility requirements to apply for the visa you must:
Applicants must keep in mind that a successful application does not necessarily guarantee that they will receive their visa. The review process also includes a thorough inspection of the application by a review committee. Furthermore, you will also be required to follow the guidelines of the Federal Authority for Identity and Citizenship (ICA) for the visa to be issued.
Your Dubai Business Visa application needs to be approved by a UAE Government-approved incubator for the initial nomination.
After you are successful in the nomination, you will be prompted to apply for the UAE Business Visa by the ICA. Here is a detailed breakdown of the nomination application process:
The review process may take around 30 days. Successful nominees receive a link via email where they will be required to upload the necessary documents for the visa. Applicants whose nominations are not approved may reapply after 90 days.
Make sure that you take the Dubai Business Visa validity into consideration before applying for any of these visas:
After you have uploaded the required documents on the website of the Federal Authority for Identity and Citizenship, you will receive further instructions on how to receive your Dubai Business Visa via email.
Both the one-month and six-month visas can be converted into residency permits:
You are allowed to sponsor dependents as a visa holder in Dubai. This is provided that you meet the requirements for family visa Dubai as stated by the ICA.
The entire application process should take around 60 days. This includes 30 days for the initial application review and an additional 30 days for applicants to fulfill ICA requirements after they have been successfully nominated.
The Dubai Business Visa is based on permanent residency. This is provided that applicants adhere to the requirements set out by the ICA during the renewal period, which is every five years.
The UAE Business Visa seeks to encourage more foreign investments, improve the local economy, and allow international entrepreneurs an easy way to establish successful businesses in the country. Additionally, the promise of permanent residency provides security and benefits to an entrepreneur and their family.
Applicants may contact the following sources for enquiries about their Business Visa applications:
That concludes our guide to the Dubai Business Visa. For more information on establishing foreign businesses in the country, learn how to apply for the Business Gold Visa in the UAE.
Also, check out this post for everything you need to know about Dubai Visas.
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