Dubai's reputation as a global business hub is undeniable. With a staggering 10% year-on-year growth in foreign direct investment and a vibrant free zone network, the city is a powerhouse for international trade. However, to conduct business activities, it is essential to obtain a Dubai business visa.
For those looking to engage in business activities in Dubai, understanding the visas, requirements, costs, and steps to get a business visa for Dubai is essential. Therefore, here we provide all the valuable information for anyone looking to establish or expand their business presence in this dynamic city.
What is a Dubai Business Visa?
A Dubai Business Visa is for entrepreneurs and investors aiming to start or grow a business in Dubai or other regions of the United Arab Emirates (UAE). This visa is part of the UAE's long-term visa program, designed to attract skilled individuals and investment to the country.
Types of Business Visas in Dubai
There are two main categories of UAE Business Visas: Visit visas and Residency visas.
A. Visit Visa
A visit visa is a temporary visa that allows foreign nationals to enter Dubai for business purposes. These visas are ideal for short trips, such as attending meetings or conferences. There are two types of Visit visas:
1. Single Entry Visa
This visa is valid for 30 days and is ideal for short business trips.
2. Multiple Entry Visa
This visa is valid for 180 days (6 months) and allows for multiple entries into Dubai. This can be useful for business people who need to make repeated visits to Dubai over a longer period.
Both visas can be converted into residency visas if you decide to stay and work in Dubai longer.
B. Residency Visa
A residency visa is a visa that allows foreign nationals to live and work in Dubai for an extended period. Residency visas are typically sponsored by an employer or by the government of Dubai. There are a few different types of residency visas available for entrepreneurs and investors, including:
Read More About - How to Get a Residency Visa in Dubai?3. Green Visa
A green visa is a renewable residency visa valid for two years. It's ideal for business owners, partners, freelancers, and self-employed individuals. Requirements can vary depending on your specific situation, but you may need to show proof of an existing business or sufficient financial resources to support yourself during your stay.
4. Investor Visa
This visa is for individuals who invest in a business or property in Dubai. It typically requires a significant financial investment and provides residency for a certain period, which can be renewed.
Read More About - How to Get an Investor Visa in Dubai?5. Golden Visa
Golden visa offers a longer residency period of five or ten years, making it a good option for those seeking a more permanent establishment in Dubai. There are different eligibility criteria for the Golden Visa, but for entrepreneurs, it typically involves:
- Investing at least AED 2,000,000 (around $545,500 USD) in a new company or buying a share in an existing one.
- Getting approval for a business idea from a UAE Ministry of Economy-approved incubator program.
6. Freelance Visa
Freelance visa is a relatively new visa available. It is ideal for freelancers and remote workers who want to live and work in Dubai. To qualify for a freelance visa, you will need to have a valid freelance permit and a contract with a client outside of the UAE.
Read More About - How can I get a Dubai freelance visa?7. Employment Visa
The employment visa is sponsored by a UAE-based company. This is the most common visa for working professionals in Dubai. The company handles the application process and ensures you meet the requirements
8. Free Zone Visa
Issued to individuals working in one of Dubai’s many free zones. These zones offer special economic regulations and benefits, including tax exemptions and full foreign ownership.
Requirements for Obtaining a Dubai Business Visa
Here are the general requirements for obtaining a business visa in Dubai:
- A valid passport with at least six months validity remaining from your intended arrival date in Dubai.
- A completed visa application form.
- Two recent passport-size photographs against a white background.
- A copy of your confirmed return flight ticket.
- Proof of accommodation for your stay in Dubai, such as a hotel booking confirmation or a letter from your host.
- An invitation letter from a company in the UAE sponsoring your visit.
- A letter from your employer stating your position and salary (if applicable).
- Proof of sufficient funds to cover your stay in Dubai, such as bank statements or payslips.
- Health insurance with coverage for the duration of your stay.
Additional requirements may apply depending on your nationality and the specific type of business visa you are applying for.
Dubai Business Visa Eligibility for Indian Entrepreneurs
There are a couple of visa options for Indian entrepreneurs looking to set up a business in Dubai. The best option for you will depend on your specific circumstances, such as the nature of your business and how much investment capital you have.
For instance, the Golden Visa program offers a long-term residency visa option for entrepreneurs. This visa is valid for 10 years and can be renewed. There are two main ways to qualify for a Golden Visa:
- Invest at least AED 2 million (around $545,000) in a property in Dubai.
- Invest at least AED 10 million (around $2.7 million) in a fund or company based in the UAE. The Golden Visa is valid for up to 10 years and can be renewed.
- Be a founder of a startup that meets specific criteria set by the UAE government. These criteria include having a minimum viable product, a clear business plan, and a team with relevant experience.
In addition, a 5-Year Residency Visa is a good option for entrepreneurs who are looking for a longer-term residency option than a business visa but don't meet the criteria for the Golden Visa. The 5-year residency visa is valid for five years and can be renewed.
How to Apply for a Dubai Business Visa
The application process for a Dubai business visa for Indians will vary depending on the specific visa type you're applying for. However, here's the general process:
1. Determine Your Visa Type
Dubai offers Visit Visas for short stays and Residence Visas for longer stays with work permits. Identify which category best suits your needs (e.g., attending a conference or working for a company).
2. Prepare Required Documents
Gather all necessary documents, which typically include:- Valid passport with a minimum validity of six months.
- Passport-size photographs.
- Business plan or investment proposal.
- Proof of financial stability and investment (e.g., bank statements, investment certificates).
- Professional and academic credentials.
- Proof of existing business (if applicable).
3. Register Your Business (if applicable)
If you are establishing a new business, you need to:- Choose a business structure (e.g., LLC, branch office, free zone company).
- Register the business with the relevant authorities (e.g., Dubai Department of Economic Development for mainland businesses or respective free zone authorities).
- Acquire an "Ejari" tenancy agreement for a physical or virtual office space.
- Obtain a trade license for your business activity.
Once your business is registered, you can apply for a residence visa as a business owner or investor. Your company will act as your visa sponsor, initiating the application process.
Consult with business setup experts at Shuraa for all your company formation needs in the UAE.4. Apply for the Visa
Many visas can now be applied for electronically through official government websites or portals of visa processing centers. This is often the quickest and easiest option.
For residence visas, some employers or business partners might handle the application process on your behalf. They will guide you on the specifics and ensure you meet all the requirements.
5. Pay the Visa Fee
Visa applications typically involve fees that vary depending on the visa type and processing speed. You'll be required to pay the fee during the online application process or upon submission through a visa sponsor.
6. Medical Test
Once your application is approved, you might need to undergo a medical test in a UAE-approved clinic. This is mandatory for residence visas.
7. Collect Your Visa
After successful processing, you'll receive your visa either electronically (e-Visa) or through your visa sponsor.
Dubai business visa processing time can take anywhere from 30 to 60 days to obtain a Dubai Business Visa. The initial review by Dubai authorities can take around 30 days. Once approved, you'll have another 30 days to fulfill additional requirements set by the Federal Authority for Identity and Citizenship (ICA).
Dubai Business Visa Cost
The cost of a business visa in Dubai is around AED 3,500 to AED 4,000* and varies depending on the type of visa and a few other factors. Here's a breakdown:
- Visit Visa: Generally ranges from AED 350 to AED 1000
- Green Visa: Costs can vary but estimates range from AED 5,000 to AED 10,000
- Golden Visa: This is the most expensive option with an application fee of AED 2,790 plus Emirates ID fees of AED 1,070 (around $290 USD) on top of the investment requirements.
Remember, these are estimates. The actual cost can vary depending on specific circumstances.
For the cheapest business visa in UAE starting from AED 5,500*, it's always better to consult business setup experts in UAE such as Shuraa for the most accurate and current information on Dubai Business Visa costs.
Dubai on Your Mind? Shuraa Holds the Key (Visa & Beyond)
Getting a Business Visa in Dubai comes with many benefits, like the chance to live and work in one of the world's most exciting business locations. Dubai’s booming economy, geographical location, and friendly business environment provide great opportunities for entrepreneurs to grow their businesses.
It's important to plan your visa application ahead of time to avoid any delays or issues. If you're thinking about moving to Dubai or starting your business in the UAE, getting help from experts can make things much easier.
At Shuraa, we can assist with everything from company registration and licensing to visa help, PRO services, and finding office space. Our team is here to support you at every step to make sure your business setup in Dubai is smooth and successful.
Reach out to Shuraa today and start your journey towards building your business in the UAE!