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Frequently Asked Questions
You can start a business in Dubai by choosing the right legal structure (mainland, free zone, or offshore), registering your trade name, getting approvals, and applying for a business license. AB Capital can guide you through the entire company formation process.
A mainland company allows you to trade anywhere in the UAE and internationally, while a free zone company is limited to operating within its zone or overseas. Free zones offer benefits like 100% foreign ownership and tax exemptions.
Yes. Having an accountant ensures your business complies with UAE tax laws, VAT regulations, and financial reporting requirements. Professional accounting also helps with cash flow and long-term planning.
The UAE introduced a 9% corporate tax in 2023. Businesses with profits above AED 375,000 must register and file corporate tax returns. Smaller businesses may qualify for exemptions.
The standard VAT rate in the UAE is 5%. Businesses with taxable supplies over AED 375,000 annually must register for VAT and file returns regularly.
The UAE Golden Visa grants long-term residency (up to 10 years) to investors, entrepreneurs, skilled professionals, and outstanding students. Requirements vary depending on the category.
Yes. Foreign investors can open UAE corporate bank accounts, but the process involves due diligence checks. AB Capital helps clients prepare documentation and liaise with banks for smooth account opening.
Free zones offer 100% foreign ownership, no personal income tax, simplified import/export procedures, and repatriation of profits. They are ideal for international businesses.
Businesses must maintain proper accounting records, file VAT or corporate tax returns, renew trade licenses annually, and follow labor law requirements. Compliance ensures smooth operations.
The timeline depends on the type of business setup. Free zone companies can often be registered in 2–5 days, while mainland businesses may take 1–3 weeks.