Question 1

How much does it cost to set up a UAE free zone company?

Accepted Answer

Free zone licences start from AED 12,500/year at Meydan Free Zone, AED 14,000/year at IFZA, AED 20,000/year at DMCC, and AED 25,000+/year at DAFZA. Total setup cost including investor visa and advisory fees typically ranges from AED 18,000 to AED 45,000. Growth Gate provides a free personalised quote.

Question 2

Can a foreigner own 100% of a company in the UAE?

Accepted Answer

Yes. In all UAE free zones, 100% foreign ownership is always permitted. On the mainland, 100% foreign ownership is now permitted in most activities following the 2021 Commercial Companies Law amendment. Only a small Negative List of strategic activities still requires a UAE national partner.

Question 3

How long does it take to set up a company in Dubai?

Accepted Answer

A free zone trade licence is typically issued in 3–7 business days. The investor visa takes a further 2–4 weeks. A corporate bank account takes 4–10 weeks. From start to fully operational: approximately 8–16 weeks. Growth Gate expedites the process through pre-approved documentation pipelines.

Question 4

What is the UAE Corporate Tax rate?

Accepted Answer

The UAE Corporate Tax rate is 9% on taxable profits above AED 375,000 (effective June 2023). Profits up to AED 375,000 are taxed at 0%. Qualifying Free Zone Persons (QFZP) pay 0% on qualifying income from qualifying activities conducted in or between free zones. There is no personal income tax in the UAE.

Question 5

Which UAE free zone is best for a startup or online business?

Accepted Answer

Meydan Free Zone is the most cost-effective option (from AED 12,500/year) and is ideal for consultants, digital agencies, and e-commerce businesses. IFZA (from AED 14,000/year) is excellent for professional services firms that need strong banking track records. Growth Gate's free zone comparison tool at growthgate.net/compare helps you match the right zone to your activity.

Question 6

What is the UAE Golden Visa and who qualifies?

Accepted Answer

The UAE Golden Visa is a 10-year renewable residency visa with no sponsor required. It is available to investors with AED 2 million+ in UAE real estate or a public investment fund, founders of approved UAE startups, specialised talent (doctors, engineers, scientists, artists), and outstanding students. Growth Gate manages full Golden Visa applications.

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