How to Get a UAE Residency Visa Through Company Formation

Establishing a company is a current trend amongst entrepreneurs and investors who want to obtain a UAE residency visa. The UAE is business-friendly, and setting up a company opens up possibilities for setting up business in Dubai and the route to legally and safely reside in the country. A residency through company formation allows investors to sponsor themselves and their families to enjoy a stable and flexible lifestyle. The procedures are uncomplicated, costs are clearly stated, and processes are seamless; hence, the residency visa is now readily attainable. The following blog will discuss how you can achieve your UAE residency through company formation.

Why Choose Company Formation for Residency?

Through incorporating a company, entrepreneurs acquire one of the most secure avenues for obtaining a UAE residency visa while building a firm business base. This path allows them to work and enjoy tax benefits in a country that abounds with opportunities for expanding one’s business setup in Dubai. 

In terms of securing citizenship, company owners can sponsor their spouse, children, and other dependents under this visa regime. Renewable in nature, the company formation process is simple and guarantees long-term security and avenues for business growth in the UAE.

Eligibility for UAE Residency Visa

It clearly identifies the eligibility concerning UAE residency visas through company formation, the sponsor for these visas includes business investors making their companies, partners with shares in the business, and employees on whose behalf the company provides sponsorship. This provision allows both individuals and their teams to secure residency. From a basic structure perspective, this makes it a flexible way of establishing a strong professional and personal presence in the UAE.

Step-by-Step Process to Obtain a UAE Residency Visa

Creating a company in the UAE to obtain a residency visa is one of the surest ways to enjoy long-term residence in the UAE. It permits an investor to be in the UAE legally, as well as their family and employees. Following a detailed step-by-step approach enables the fulfillment of requirements without any hassles and also ensures compliance with UAE regulations.

Below is a simple step-by-step guide to help you understand the procedure:

Step 1: Register your Company in the UAE

The first task is to register your business with the authorities in the country. This involves specifying the business activity, the legal structure, and the trade name for the new business. It is followed by securing initial approvals and obtaining the trade license. Without company registration, the residency process cannot proceed.

Step 2: Make Applications for the Entry Permit

Once you have registered your company, you are on course to get your entry permit. With the entry permit, you will get a free pass that legalizes staying in the UAE to complete the visa residency. Most entry permits will be valid for almost 60 days.

Step 3: Complete medical tests and register for the Emirates ID 

Upon arrival in the UAE with an entry permit, you must undergo compulsory medical fitness tests-e.g., blood tests and chest X-rays-to confirm your eligibility. Simultaneously, you must also register your Emirates ID, which entails your fingerprinting and biometric data capture. This Emirates ID will serve as the main identification card while you are living in the UAE. 

Step 4: Receive a Residency Visa

Your residency visa would then be stamped on your passport following the completion of the medical and Emirates ID procedures. It is this last step that will give you official rights to live, work, and obtain various social services in the UAE. Under usual circumstances, the validity of this type of visa will range between two and three years and may be renewed.

Costs and Timelines for Residency Visa Through Company Formation

The financial aspects and plans on time should be carefully outlined when applying for the UAE residence visa by forming a company in the UAE. The amount of money spent will also depend on the nature of the business, the number of visas required, and the jurisdiction selected, mainland or free zone. It usually costs around AED 10,000 to AED 15,000 per person to process residency visas, which includes entry permits, medical tests, Emirates ID, and visa stamping. Additional charges are incurred for dependents or multiple visas.

On timelines, everything is organized for efficiency. Registering your company usually takes 1-2 weeks, after which you can proceed with the visa process. Applying for an entry permit to getting the Emirates ID usually takes about 2 to 3 weeks. In most cases, investors and their families can secure their residency visas within a span of 3 to 5 weeks after starting this process.

How SetupMate Can Help You Secure UAE Residency Through Company Formation

The process of acquiring UAE residency is oftentimes very convoluted; however, SetupMate makes every single step easy for investors, partners, and employees alike. Technical know-how is therefore imparted to help the clients through the whole process of getting approval for the right type of business activity and legal structure, registering a company, and obtaining permits, with full guidance. The firm assists and follows through with all processes, beginning from medical tests to Emirates ID registration and visa stamping, while ensuring all documentation is faultless and adheres to the laws of the UAE. SetupMate helps you save a lot of time, reduce stress, and avoid expensive mistakes. SetupMate lets you focus on setting up your business in Dubai while locking long-term residency for you and your family.