Dreaming of starting or expanding your business in Dubai? The Partner Visa might be your perfect key. This visa grants foreign entrepreneurs residency and work permits through a local partnership.
What is a Dubai Partner Visa?
This visa allows foreign individuals to:
- Own a company or hold shares in an existing one.
- Establish a new business in the UAE.
- Live and work legally in Dubai.
- Sponsor family members’ visas.
Benefits of a Dubai Partner Visa:
- Tap into Dubai’s thriving market: Leverage Dubai’s strategic location, strong economy, and global connections to grow your business.
- Simplified residency: Live and work legally in Dubai with a renewable visa.
- Sponsor family: Bring your family to Dubai under your visa sponsorship.
Requirements for a Dubai Partnership Visa:
- Partnership Agreement: A signed agreement outlining the partnership terms between you and your Emirati sponsor (holding a majority share).
- Minimum Investment: Invest in a Dubai company (existing or new) with a minimum capital of AED 72,000.
- Local Sponsor: Partner with a local Emirati citizen who will act as your representative.
- Business License: The company you’re partnering with must have a valid Dubai trade license.
- Financial Proof: Demonstrate your financial stability through bank statements or financial records.
- Valid Passport & Photos: A valid passport (at least 6 months validity) and recent passport-sized photographs.
- Health Insurance: Secure health insurance coverage as mandated for Dubai residents.
Streamlining Your Partner Visa Journey
The application process can be intricate. Partner with Dubai Business Services to simplify your journey:
- Expert Guidance: Our team handles the entire process, from company formation to visa application.
- Partnership Agreement: We assist in drafting a clear and compliant partnership agreement.
- Company Formation: Need to establish a new company? We’ll guide you through the process.
- Document Preparation: We ensure you have all the necessary documents for your visa application.
- Application Submission: We handle the application submission to the relevant authorities.
- Visa Fees & Medicals: We guide you through visa fees and medical examination requirements.
- Visa Approval & Stamping: We support you until your visa is stamped in your passport.
Partner Visa FAQs
- Visa Renewal: Partner visas are renewable for three years, with updated documents and adherence to renewal procedures.
- Can I Work with this Visa?: Yes, the visa allows you to actively participate in your partnered company’s business activities.
- Processing Time: The application typically takes 15-20 working days. For a smooth process, start early and seek expert guidance.
Unleash Your Business Potential in Dubai
Don’t let complexities hinder your entrepreneurial ambitions. With a Partner Visa and Dubai Business Services as your guide, turn your Dubai business dreams into reality. Contact us today for a successful visa application and a flourishing business journey in Dubai!