Frequently
Asked Questions
Quick Answers
May I be the 100% owner of the company?
Foreigners in the UAE can have 100% ownership of their own business along with complete capital repatriation.
Can I open the bank account for my company?
You can take advantage of the local banking infrastructure, at the same time you can enjoy extensive banking facilities.
Can I get the residency in the UAE?
Becoming a resident through the company formation will give you a 3 years renewable residence visa. On this visa you can call your family and hire employees to work for you.
Do we need to register with federal tax authority?
You will be required to be registered when the VAT law is in force if you are a business that is resident in the GCC and you are making supplies of goods or services in the UAE and either:
1. Your turnover was more than AED 375,000 in the last 12 months; or
2. You expect that your turnover will be more than AED 375,000 in the next 30 days.
When & where do I start?
Contact Eagle Eye International and your idea will become a successful business.