All procedures, timelines and costs are valid at the time of going to print, however may become subject to change without notice.
All document clearing and document processing tasks pertaining to your applications (Trade License, visas etc) are carried out by our office in Dubai.
Payments for all applications should be made to our office in Downtown, Dubai or via bank transfer, or bank deposit (cheque or cash).
Any payments received by CREATIVE ZONE towards any product or services are non-refundable unless agreed otherwise. This condition is valid even if the payment received isn’t for the full amount of the service or product subscribed for and/or the customer has yet to provide CREATIVE ZONE with all the correct documentary requirements for said product or service and/or their application is rejected by the licensing authority for any reason.
Please note the prices quoted in this proposal are specific to the products and services mentioned, they do not include any ancillary services i.e. driving license transfers, liquor license, dependents visas etc – please contact us if you would like pricing and procedures for the same.
Companies registered with DMCC Free Zone; are permitted to carry out business activities with companies within the Free Zone or with companies within other Free Zones in the UAE or with companies outside the UAE. Should the company wish to conduct business with Government entities or local companies within the UAE they should either establish a local branch office or transact through a local commercial agent.
With regard to the introduction to the bank representative by CREATIVE ZONE, this is an introductory service only and CREATIVE ZONE aren’t involved in the process beyond the introduction. After the introduction it is for the client to liaise with the bank representative directly and satisfy the requirements of the bank in order to successfully have their account opened.
In order to keep your company bank account active, you will need to visit your bank annually with your original renewed trade License and present it to the bank for sighting, this must be carried out on or before the expiry date of your current Trade License
In order to setup your company, you will need to submit entry stamps OR residency visa copies OR cancelled visa copies for all shareholders.
If any of the shareholders is an Emirati National, we will need a copy of their ‘Jinsiya’ and their Emirates ID Card
If the company you are setting up is a branch of a company or partially or fully owned by another company, at the time of opening the company bank account you will be required to submit a current attested Certificate of Incumbency and a current attested Certificate of Good Standing.
In case you are opening a branch or a company is a shareholder, it is important that one can identify the individual named beneficial owners of the parent company - companies which have multiple layers and/or are nominee companies where one is unable to identify individual named beneficial owners will be unable to open a company bank account in the UAE.
If you will be applying for visas under the company, you will need to open a company bank account and make monthly salary payments from your company bank account. All employees under the company will need to open personal bank accounts as well.
With regard to the access to our banking contacts, CREATIVE ZONE will simply provide a list of banking contacts, after which the onus is on the client to contact the banking representative directly and organize a meeting at a time and venue of the client and banking representative’s choosing. CREATIVE ZONE aren’t involved beyond providing the list of banking contacts, furthermore CREATIVE ZONE do not provide any assurances that the company bank account will be successfully opened or how long it will take for the bank account to be opened, the onus is on the client to liaise with the banking representative and satisfy the requirements and protocols of the bank in order to successfully open and maintain their company bank account. Please note that the client is not obliged to open their company bank account through our banking contacts, and is free to utilize their own banking accounts at any bank of their choosing.
If any of the Shareholders and/or General Manager cannot personally be present in the UAE to open the company Bank Account, an attested Board Resolution and/or Power of Attorney from all of the absent Shareholders and/or General Manager will need to be submitted in order to complete the bank account opening procedure. Please contact us for drafts and further details on the same.
If you are carrying more than 1 passport, please ensure you inform a CREATIVE ZONE representative of the same. Furthermore please note that you will be unable to travel on your 2nd passport (the one not submitted towards your visa process) whilst your visa application is in process.
If the shareholder and manager is not the same person than separate KYC’s should be provided for both.
Once you completed your change of status you will NOT be able to travel outside of the UAE until your passport has been stamped with your residency visa.
If you are currently in the country on a tourist visa, your employment visa won’t be issued in-country, you will have to exit the country and wait for your employment visa to be issued and then re-enter the country on that visa to complete your change of status.
We hold no responsibility for the issuance or delivery or delays related to Emirates ID Cards, or if the applicant is requested by the Emirates ID Card Authority to return to the ID Card center to redo the bio data procedure.
Payment for license will be calculated by DMCC portal based on the selections of the activities.
Hand written passports are no longer accepted, all passport copies submitted should be electronic/typed passports.
If you are a Shareholder and Manager on the license, you will not be required to provide for an attested degree for professional licenses.
Bank Share Capital Deposit Confirmation Letter for Subsidiary & Branch is required only if Share capital is AED 500,000 and above
DMCC does not offer an investor visa
Share Capital of 60k per shareholder should be deposited if a Managing Director visa is required
Office Sharing is only allowed if the direct/ owners of the two companies are the same.
For employment visas health insurance is mandatory, DMCC recommends Insure Direct for the insurance and the cost is AED 750 for a quotation. However, the employers have the option to choose their own insurance provider.
Pre-approval of the license does not guarantee a visa.
The validity of visa is 1 year for the applicants above the age of 60.
Restricted activities: Publishing, Media Production, Advertising (Any activity requiring NMC Approval), Installations and Maintenance related work, Manpower, Financial Services, Legal Consultancy.
For Real Estate Activities - Can only be a branch of Dubai Mainland Company
Physical office is mandatory for all training activities
Infants are allowed to hold shares in the company
An undertaking must be signed for Marketing Management Activity for not practicing media related activities
The minimum office space required is 100 sq mtr as per DMCC regulations however for certain training facilities the size of office is subject to KHDA requirements
A holding company can hold 100% shares in subsidiary
Third Party Insurance is not required for companies on flexi desk package
For Lebanese & Syrian nationals – 3 months bank statements, Undertaking Letter stating they do not have other license, should they have another license a copy of that license will be required
Maximum of 6 activities allowed on 1 license
Any company document such as visa, immigration card, etc will be couriered by DMCC to the clients directly if they have a physical office, however if there is no one at the office they need to provide a justification letter stating the reason and they can then collect the documents from the counter. In case the company is on a flexi desk, they can directly collect the documents from the counter at DMCC.
Minimum space for physical office in the free zone is 500 sq ft and one visa is allowed per 100 sq ft.
Minimum space for serviced office in business centers would be approximately 100 sq ft and would depend on the availability in the business centers within DMCC. Maximum 4 visas will be allowed on serviced office in a business center.
If you are a Schengen National and have exhausted the 90 day visit period granted by immigration, you need to exit and be out of the country for at least 90 days before you can re-enter the UAE with a tourist visa.
The words like "investment" and "financial" cannot be used in the trade name.
For setting up a Single Family Office the share capital remains minimum AED 50,000 however the family should provide proof minimum Liquid funds of USD 1 Million by providing a bank confirmation or auditor's report."
If you have a requirement to indicate a share capital amount of more than AED 50,000, a bank confirmation letter is mandatory to be submitted at the registration stage for this to reflect on the Memorandum of Assocation.
The DMCC company can buy a property in its name after the license is issued on a flexi desk. DMCC will issue a No Objection Certificate addressed to the Land Department, If required