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Frequently Asked Questions

  • Is There a Specific Bank Designated for the Deposit of the Required Capital, And is the Bank Statement Required when Applying to Establish a Business

    There is no specific bank designated for the deposit of the required capital and you can open an account at any branch of any bank inside the UAE. The bank statement is not required when applying to establish a business and it is requested after you receive the license and open a bank account in the name of the company or the institution you are establishing

  • Is There a Specific Port Designated for the Entry, Exit and the General Movement of Goods

    There is no specific port and you can use any of the UAE ports after obtaining a customs number

  • Is the Investor Required to Have a UAE Residency to be Eligible to Establish a Business

    The investor is not required to have a UAE residency, and if the investor is a resident in the UAE, his/her residency will not necessarily be based on the business

  • Do Prices of Special Packages Include Electricity, Water And Sewage

    Yes, electricity, water and sewage are included in prices of special packages only for smart and executive offices and such packages don’t cover warehouses and lands

  • Can Payments be Deposited in the form of Installments

    Yes, there is a possibility to deposit payments in the form of one, two, three, or twelve installments and this is also applicable in annual renewals

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