Virtual Company License in Dubai, UAE
The idea of a virtual business has become very popular in this digital age. However, what is a virtual company exactly? A company that primarily does business online and does not require a physical office or storefront is known as a virtual company.
A Dubai virtual company license is required in order to launch a virtual business. You may operate your business from anywhere globally with a laptop and an internet connection.
Now, why would you want to launch a virtual business in Dubai? In addition to being a flourishing commercial center, Dubai provides virtual entrepreneurs with several benefits.
Dubai has several benefits for online business owners due to its advantageous location, welcoming business community, and robust infrastructure. Establishing a virtual business in Dubai can lead to many options, including favorable tax laws and access to international markets.
You would need to apply for a virtual company license in Dubai to launch your business digitally. As an investor, this will allow you to establish and run an organization virtually without moving to the country.
Investors can engage in various actions, including electronically submitting and signing documents, with a virtual business license in Dubai, as this will be permitted by law.
Let’s dive into everything you need to know about starting a virtual company in Dubai—from how to get started and the perks of a virtual company license to what it might cost you.
Benefits of Virtual Company License in Dubai
There are several advantages to establishing a virtual business in Dubai, which makes it a desirable choice for entrepreneurs and companies wishing to expand into this market.
The following are some of the main benefits of acquiring a license for a Dubai virtual company:
Low Startup Costs and Administrative Burdens
One of the most economical ways to start a business in the Emirates is with a virtual company license in Dubai. The annual license price is comparatively modest, and there are no minimum capital requirements. Additionally, since your company may be run completely online, renting or leasing office space is unnecessary.
Global Reach
The intersection of Europe, Asia, and Africa is a crucial location for Dubai. A Dubai virtual company license allows you to reach clients and customers worldwide and access a global market.
Ease of Setup
In Dubai, obtaining a license for a virtual business is comparatively simple and quick. With the correct documentation and advice, you can launch your company in no time.
Tax Benefits
Dubai provides tax benefits, such as various free zones where individuals pay no personal income tax. This can lead to increased profits and significant savings. Also, virtual companies must register for 5% VAT if annual UAE-sourced revenue exceeds AED 375,000 or if engaged in cross-border digital services.
Visa options
Virtual Company License holders meeting income requirements (AED 10,000/month) can apply for a 1-year renewable Virtual Work Visa under Dubai’s Remote Work Program.
Flexibility and Scalability
You can scale your business as needed with the freedom that comes with a virtual company license. You can quickly add or remove staff and services without dealing with the expenses and inconveniences of a traditional office location.
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Office No 20, 4th Floor, Al Moosa Tower 2,
Sheikh Zayed Road Dubai, United Arab Emirates P.O. Box 27614.
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info@jsbincorporation.com
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How to Start a Virtual Company in Dubai? Step-by-Step Process
Starting a virtual business in Dubai is a methodical procedure that may be relatively simple if you adhere to the relevant legal and administrative criteria. Here is an in-depth guide to get you going:
Step 1: Choose a Business Name and Activity
Selecting a company name that is original, accessible, and appropriate for your line of work is the first step. You may also see if your company name is available on the Dubai Department of Economic Development’s (DED) website.
Step 2: Select a Business Structure
Selecting a legal structure for your company is the next stage. Virtual licenses operate under Dubai Virtual Commercial City (VCC) or free zones (e.g., IFZA, SHAMS), which allow 100% foreign ownership without LLC requirements.
Mainland setups require local sponsors (51% ownership) but are not applicable to virtual licenses.
Step 3: Apply for a Virtual Company License
You can apply for a Dubai virtual company license after deciding your company name and legal structure. Through the DED’s website, you can submit an online application for a virtual company license.
The Dubai Virtual Commercial City (VCC) program included the implementation of the virtual company license in Dubai.
It was implemented to promote small firms and entrepreneurs and draw in foreign investment. The administration of Dubai is also working to diversify the economy and increase Dubai’s appeal as a business destination.
Since its implementation, Dubai’s virtual corporation license has been a success. More than 10,000 virtual businesses were registered in Dubai throughout the first year. Businesses from the US, Europe, Asia, and Africa have been drawn to the virtual company license.
Step 4: Set up Your Business Bank Account
Virtual license holders can instantly open business accounts via digital platforms like Wio Bank or Emirates NBD Liv. Business using their DIEZA-issued license number.
Step 5: Look for a Local Service Agent
A business registered in Dubai that can offer you a business address and other services is known as a local service agent. In Dubai, every virtual business needs a local service representative.
Even if your business is virtual, you could still require a physical office address. Additionally, a lot of free zones have business centers or shared office spaces where you can lawfully set up a physical presence for your company.
Step 6: Launch Your Virtual Business
Launch your virtual business in Dubai after fulfilling all administrative and legal criteria. Begin promoting your offerings and interacting with partners and customers.
Virtual License Cost in Dubai
Virtual licenses now start at AED 4,500 annually for single-activity e-commerce businesses, scaling to AED 15,000 for advanced licenses covering consultancy, IT, and trading activities.
Please remember that this is only an estimate; contact a business setup specialist like JSB Incorporation to learn more about the price.
Start Your Dubai Virtual Company with JSB Incorporation
For potential business owners, virtual company registration in Dubai is definitely a fascinating potential. For entrepreneurs, being able to make money without having to make a sizable capital commitment is a dream come true.
JSB Incorporation is here to help you at every stage and make your journey even more seamless.
Book your free consultation call today with the experts of JSB Incorporation to get started.
FAQs
Yes, Virtual Company License holders meeting income requirements (AED 10,000/month) can apply for a 1-year renewable Virtual Work Visa under Dubai’s Remote Work Program.
Yes, but approval is subject to the bank's policies and requirements.
It enables international businesses to access Dubai's market and operate remotely with minimal costs.
Licenses are available for 1, 2, or 3 years, with discounted fees for multi-year terms. Renewals are automated through the DIEZA portal.
You can apply online through the Dubai Virtual Commercial City (VCC) platform.
Don't miss out on this limited-time opportunity!
We'd Love To Hear From You
contact us
Find us Here
Office No 20, 4th Floor, Al Moosa Tower 2,
Sheikh Zayed Road Dubai, United Arab Emirates P.O. Box 27614.
Get In touch
+971 4 824 4842
info@jsbincorporation.com