FAQs on Company Setup

Yes. My License can take care of all the hassles for you.
All our business setup packages give you the ability to have a 100% fully owned company without local sponsorship.
Our package Commercial License - FZE will give you the ability to have a trade license without visa. You can have no visa & 1 shareholder.
To sell your company you will need the Immigration pre-approval of the new owner(s), to return all original company documents and have a signed sale of shares forms between the buyer and seller. It should be noted that other requirements may be applicable subject to jurisdiction of incorporation or application. Requirements are subject to change from time to time with or without prior notice. Please speak to a member of the Relationship Management Department to find out more.
To change your company name you must first come up with a new suggested company name and we will seek approval from the licensing authority/jurisdiction. Upon availability of the name and the approval an advert must be placed in a local newspaper notifying this change (a legal notice of company name change). We also require signed amendment forms and all of the original company documents must be returned.
A new visa application will require 2 weeks whilst a visa renewal will require only 5 working days to complete. It should be noted that these time-frames are approximations only and may be expedited. Visa issuance can be delayed or rejected due to Government security approvals.
To apply for a visa renewal the following documentation is required:
  1. The signed visa application form
  2. A passport copy (holding 7 months’ validity with 3 empty pages) with UAE residence visa
  3. The original medical fitness test report showing negative results for the tested diseases
  4. A copy of the Emirates ID card renewal registration form
  5. A copy of the valid company licence
  6. A copy of the valid Establishment / Immigration card
  7. A signed employment contract
  8. A copy of a University degree (if applicable, attested, and translated)
  9. Passport photographs (white backgrounds, passport sized, and high resolution)
To apply for a new visa the following documentation is required:
  1. The signed visa application form
  2. A passport copy (holding 7 months’ validity with 3 empty pages)
  3. Documents to show current visa status
  4. A copy of the valid company license
  5. A copy of the valid Establishment / Immigration card
  6. A signed employment contract
  7. Passport photographs (white backgrounds, passport sized, and high resolution)
The licence renewal process will take 2-7 working days to renewed.
To renew a trade licence the following documentation is required:
  1. A signed copy of the terms and conditions
  2. A signed price list
  3. A signed application form
  4. The Shareholder’s updated documents (passport and visa copies)