ITA Business Consultants: website

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  1. ITA Business Consultants

    Company knowledgeUpdated

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    • Can I open a business in Dubai without living in the UAE?

      “Yes, many free zones and offshore jurisdictions offer company formation options that do not require you to be a UAE resident.”

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    • What documents are required to register a company?

      “You’ll typically need a copy of your passport, a lease agreement, a basic business plan, and proof of identity. Depending on the license and activity, additional paperwork may be requested.”

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    • How quickly can I launch a company in the UAE?

      “Company registration in free zones or on the mainland usually takes between 3 and 7 working days, while offshore formations can be completed in as little as 48 hours.”

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    • Is it possible to transfer a company from a free zone to the mainland?

      “Yes, you can move your company by cancelling the free zone license and re-establishing it under a mainland authority, subject to regulatory approval.”

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    • Can I sponsor my family after setting up a company?

      “Yes, once your business license is active, you may apply for family visas, provided you meet the necessary income and accommodation criteria.”

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    • Will my company be subject to UAE corporate tax?

      “As of June 2023, corporate tax in the UAE applies only to net profits exceeding AED 375,000. Businesses below this threshold remain exempt under the small business relief provision.”

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    • What are the penalties for late license renewal?

      “Penalties may include fines, blacklisting, or even business closure. ITA offers reminders and compliance support to avoid this.”

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    About ITA Business Consultants

    ITA Business Consultants is a Business consulting company based in Dubai, United Arab Emirates.

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