Virtual businesses in Dubai are specifically designed for business owners who don’t live in the Emirates. They must be citizens or tax residents of other specific nations. In an increasingly growing digital economy, businesses are moving towards virtual company formation in Dubai. With robust tech infrastructure, they are finding it easier to work online and operate without having to invest resources in relocation or physical setup.
Virtual business license in Dubai
Step-by-step process of virtual company setup in Dubai
Choose the business activity
The first step to obtain a virtual business license in Dubai is to identify the business activity and sector. You can select the relevant business ideas from below industries and apply for a virtual license:
- Agriculture
- Manufacturing
- Retail trade
- IT and Consultation Services
- Health and entertainment event
- Import and export
Select your business structure
Apply for a virtual company license
Set Up your bank account
After successfully submitting the application, you can set up a corporate bank account. While you conduct business activities from other parts of the world, a corporate bank account will necessitate your transactions.
Onboard a local agent
Documentation required for obtaining virtual company license in Dubai
- A copy of your passport
- A proof of residency (A utility bill or an official letter, not older than 3 months)
- A certificate for tax residency
- A valid phone number & email address
- Recent passport size photographs
- Recent passport size photographs
Conclusion
Virtual company setup in Dubai can unlock exponential growth potential for aspiring business owners who wish to expand their operations but are hesitant of investing. To make your business process even smoother, get in touch with a trusted business advisor. At A&A Business setup consultancy, we are the go-to solution for business owners and guide entrepreneurs throughout the process.
Call us at 050 483 6190 or email info@aaconsultancy.ae to get started today!
