Frequently Asked Questions
Welcome to the Startright Consulting FAQ page. Here, we’ve compiled answers to some of the most common questions our clients ask about business setup, residency services, and more in the United Arab Emirates (UAE). If you have additional queries or require further clarification, feel free to contact our expert team for personalized assistance.
Business Setup FAQs
What types of businesses can I set up in the UAE?
In the UAE, you can set up various types of businesses, including Free Zone Companies, Offshore Companies, and Mainland Companies. The choice depends on your business activities, location preferences, and ownership structure.
What is the difference between a Free Zone Company and an Offshore Company?
A Free Zone Company operates within a specific free zone, enjoying benefits such as tax exemptions and full ownership for expatriates. An Offshore Company is registered outside the jurisdiction of its operations, often for tax optimization and privacy.
How long does it take to set up a business in the UAE?
The timeline for business setup varies based on the type of company and the specific free zone or jurisdiction. Generally, it can take anywhere from a few days to a few weeks.
Residency and Citizenship FAQs
What is the Golden Visa, and how can I apply for it?
The Golden Visa is a long-term residency program in the UAE. Eligible individuals, including investors, entrepreneurs, skilled professionals, and outstanding students, can apply. Startright Consulting can assist you throughout the application process.
Can I obtain UAE citizenship?
While the UAE doesn’t currently offer citizenship to expatriates, it’s always essential to stay informed about any developments. Startright Consulting can provide guidance on alternative citizenship options through global programs.
Tax Planning FAQs
What are the corporate tax rates in the UAE?
Many free zones in the UAE offer businesses a 0% corporate tax rate. However, tax regulations may vary, and specific details depend on the business activities and location.
Do I need to pay Value Added Tax (VAT) in the UAE?
VAT is applicable in the UAE, and businesses meeting certain criteria are required to register for and pay VAT. Startright Consulting offers comprehensive VAT advisory services to ensure compliance.
General FAQs
What services does Startright Consulting provide?
Startright Consulting offers a wide range of services, including business setup, operational support, residency and citizenship assistance, tax planning, and more. Explore our services page for detailed information.
How can I get in touch with Startright Consulting?
You can contact us through our website’s contact form, via email, or by calling our dedicated phone line. Our expert team is ready to assist you with any inquiries or support you may need.