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Guide about free zone visa Dubai

Are you planning to start a business or work in Dubai? If so, you may have heard of the free zone visa. But what is a free zone visa? And how does one benefit from having it, either as an entrepreneur, freelancer, or business owner? This guide will fill you in on all aspects of free zone visas in Dubai, including types, benefits, eligibility criteria, and the application process.

This article will be useful in providing insights about how you can benefit from the free zone visa system in Dubai, whether you are an entrepreneur, startup, or investor.

What is a Free Zone Visa in Dubai?

A free zone visa is a special type of visa that is granted to an individual wishing to work or establish a business in the free zones of Dubai. Specifically, these free zones are a kind of corporate enclave designed for companies engaged primarily in media, technology, or finance and offer various incentives. Additionally, these zones are created to ease entry and operations for foreign businesses and entrepreneurs wishing to set up shop in Dubai.

A free zone visa also allows the visa holder to reside, work, and, in some cases, set up a business within a free zone. Moreover, the free zone visa can be valid for employees, investors, freelancers, or even family members of the business owner.

Benefits of a Free Zone Visa in Dubai

Other than being attractive to business owners, employees, and investors seeking to start a company, the free zone visa in Dubai has several advantages, including:

100% Foreign Ownership

The free zone visa allows foreign nationals to fully own their businesses. Unlike other mainland Dubai locations where local sponsorship is required, free zones allow foreigners to own the entire business.

Tax Benefits

Businesses in Free Zones enjoy a tax exemption for some years. Moreover, some free zones offer a tax-free period of up to 50 years. This is a big advantage for anyone wanting to start their own business in Dubai.

Customs Duty Exemptions

Customs duties are often waived for private zone businesses. Importing and exporting goods becomes easier and cheaper.

Streamlined Business Registration

Offering faster and easier business registration than any other area of Dubai, free zones generally have fewer regulations and paperwork required.

Variety of Visa Options

A free-zone visa can easily give you different types of visa options depending on your needs, whether it is an employee visa, an investor visa, or even a freelancer visa.

Market Access

Being one of the major business hubs globally, Dubai offers free zones that allow direct access to international markets. So, this assists in the growth and international expansion of businesses.

Full Capital and Profit Repatriation

One of the major benefits of a free zone visa is that businesses can fully and freely repatriate their capital and profits. This is also a very big advantage for foreign investors.

Contiguous Location

Almost every free zone is established on prime land in Dubai, which makes easy access to transportation, ports, and airports. Consequently, this makes it very much convenient for those businesses focused on trade.

No Limits on Currency Use

Free zone businesses are free from restrictions on currency exchanges. So, it enables a lot of flexibility with these international transactions.

Friction in Labor

Employee restrictions at free zones allow the freedom to hire both local and international employees.

Types of Dubai Free Zone Visas

Various types of free-zone visas can protect and support your business needs. Here are some of the most common types.

Investor Visa

Investor visas are for business owners willing to set up their projects in the Dubai free zone. The visa allows one to fully own and run a business in the free zone.

Employee Visa

The employee visa is available to people employed in a company working in a free zone. So, it lets you reside and work in Dubai.

Freelancer Visa

The freelancer visa is an independent worker or freelancer visa. This visa allows one to work in a specified free zone with a flexible visa administration.

Remote Work Visa

A remote work visa allows working in Dubai while being employed in an organization incorporated outside of the UAE. This is perfect for professionals seeking to work remotely from Dubai.

Multiple Entry Visa

A multiple-entry visa offers business owners and their employees great flexibility to exit and enter Dubai more than once within a specified time limit.

Family Visa

The family visa allows business owners to invite their spouse, children, or dependents to live in Dubai while operating a company within a free zone.

Student Visa

This visa works for international students who intend to work and study in Dubai. Some free zones have this, especially for students.

Eligibility Criteria for a Free Zone Visa

To apply for a free zone visa in Dubai, you need to meet particular requirements for eligibility. These requirements may vary according to the free zone you have chosen but mainly include:

  • You will have to register a company in a Dubai free zone.
  • You may need to submit some relevant documents such as a passport copy and business registration details.
  • You might undergo a medical test.
  • You may be required to prove that you possess sufficient means of support for your stay in Dubai.

Steps to Obtain a Dubai Free Zone Visa

Do you want to apply for a free zone visa? The process is a stepwise one. Here, however, is a simple guide:

Step 1: Select a Free Zone

Let’s begin with selecting a free zone for your business. Dubai comprises more than thirty free zones, each meant for a specific sector. You might consult some business setup consultants in Dubai to assist you in choosing a free zone.

Step 2: Register Your Company in the Free Zone

After you choose your free zone, you need to register your company there with the relevant authorities. The registration process is straightforward and is mostly done online.

Obtain the Establishment Card (Immigration Card)

To proceed ahead with applying for a visa, you would want this card. It enables you to sponsor employees and apply for visas on behalf of them within the free zone.

Apply for a Visa

Once you are done with registering your business, apply for the visa you want. The type of visa required will depend on your needs: investor, employee, freelancer, etc.

Entry Permit

An entry permit is required before entering the UAE. This will provide a visa entry into the country.

Medical Fitness Test

Every applicant in the process of obtaining a visa eventually has to undergo a medical fitness test. This test is carried out to check for any health issues before you are permitted to stay in Dubai.

Emirates ID Application

Once you pass the medical fitness test, you will be able to apply for your Emirates ID. This ID is needed for all individuals residing in the UAE.

Visa Stamping

Once all procedures are complete, your visa will be stamped on your passport.

Collect Your Emirates ID

Then, you can collect your Emirates ID after your visa has been stamped. Such ID is mandatory for living and working in Dubai.

Documents Required for Dubai Free Zone Visa

The minimum requirements to apply for a free zone visa include:

  • Valid passport (minimum of six months validity)
  • Passport-size photos
  • Establishment card or company registration documents
  • Proof of financial standing
  • Medical fitness report

Cost of Dubai Free Zone Visa

The fee of the free zone visa varies depending on the category of the visa and the free zone. It, on average, is somewhere around AED 5,000-20,000 registration and visa stampable fees. You may want to consult PRO services in Dubai for more specific costs.

FAQs

Who can apply for a free zone visa?

Neither an ambitious entrepreneur an aspiring business owner, a freelancer, nor any employee can apply for it. The most popular is the one for investors and family members.

How long does it take to process a free zone visa?

As a rule, this takes two to four weeks. Processing time may vary from one free zone to another.

What are the benefits of the free zone visa?

Free zone visas allow tax benefits, full ownership, and foreign-market accessibility. However, practical restrictions are fewer.

How do I cancel a free zone visa?

To cancel a free zone visa you need to submit the required documents and cancel it strictly per procedure with the authorities.

Conclusion

The free zone visa in Dubai is highly advantageous to businessmen, investors, freelancers, and employees alike. Moreover, it offers simplified business setups, tax benefits, and access to the international market. 

When it comes to free zone visa service assistance, you might want to consider business setup consultants in Dubai or PRO Services Dubai. They can help with every step and ensure that your business gets off the ground on the right track.

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