The process typically takes 7-10 business days, depending on the bank’s requirements and the completeness of your documentation.

You will generally need:

Trade License

Shareholder Passport Copies

Emirates ID (if applicable)

Company Memorandum of Association (MOA)

Proof of Business Activity (Invoices, Contracts, or Business Plan)

VAT registration is mandatory for businesses with annual taxable revenue exceeding AED 375,000. If revenue is between AED 187,500 and AED 375,000, VAT registration is optional.

Yes! Foreign investors can establish companies in Mainland, Free Zones, or Offshore jurisdictions with different ownership structures. Free zones often allow 100% foreign ownership

Mainland: Allows trade within the UAE and internationally, requires a local service agent (for certain licenses).

Free Zone: 100% foreign ownership, tax benefits, but limited to Free Zone trade unless a local distributor is appointed.

Offshore: No physical office required, mainly for international business and asset protection.

The UAE has introduced a 9% corporate tax on profits exceeding AED 375,000. Businesses earning below this threshold remain exempt.

Yes! Our affordable bookkeeping solutions help small businesses manage their finances efficiently and stay compliant.

Late VAT filing can result in penalties, including fines starting from AED 1,000, which can increase with repeated delays.

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📧 Email: jpa.uae@gmail.com

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