FAQs

Yes, maintaining proper accounting records is mandatory for businesses in the UAE. Companies must keep their financial records for at least five years to comply with regulations and facilitate VAT and corporate tax filings.

Accurate accounting ensures compliance with UAE regulations, supports decision-making, and prepares businesses for audits or financial reviews. It also simplifies VAT reporting and corporate tax filings, which are now essential for most businesses.

The standard VAT rate in the UAE is 5%. Businesses with taxable supplies exceeding AED 375,000 annually must register for VAT, while those below this threshold but above AED 187,500 may register voluntarily. Exported goods and services to destinations outside the UAE are 0% VAT-rated, making them VAT-neutral for compliant businesses.

The corporate tax rate is 9% on taxable profits exceeding AED 375,000, with profits below this threshold taxed at 0%. All businesses in UAE must register and file corporate tax returns. For Free Zone companies, a 0% rate applies to qualifying income if specific conditions are met, while non-qualifying income is taxed at 9%. For Mainland businesses the tax base is calculated from accounting profits, adjusted for exemptions and disallowed expenses, with attractive reliefs available for eligible SMEs (turnover under 3M AED annually).

Outsourcing saves time and resources, ensures professional accuracy, and keeps your business updated with changing regulations. It allows you to focus on core activities while experts manage your financial compliance.

The UAE offers various residency visas, including employment visas for workers, investor visas for business owners and property investors, family visas for dependents, and the prestigious Golden Visa, which provides long-term residency for qualifying individuals such as investors, skilled professionals, and exceptional students.

The UAE Golden Visa offers 5 or 10 years of residency and is designed for exceptional individuals. Eligibility includes investing in property worth AED 2 million or more, earning a high salary (typically AED 30,000+ per month in eligible professions), or demonstrating extraordinary talent in fields such as science, technology, medicine, or the arts. Entrepreneurs, researchers, and outstanding students may also qualify.

You can qualify for an investor visa by investing in property (with a minimum value of AED 750,000), establishing a business, or investing in a UAE-based company. The visa's validity depends on the type of investment and the amount involved.

Applicants need a valid passport, proof of their visa eligibility (employment, investment, family sponsorship, etc.), and must pass a medical fitness test. UAE residency visas also require biometrics registration for the Emirates ID.

Yes, we provide end-to-end support, from assessing your eligibility and preparing documents to coordinating medical tests, biometrics registration, and submitting your visa application. We ensure a smooth and hassle-free experience.

Opening a corporate bank account in the UAE can be challenging due to stringent compliance requirements. Factors such as business activity, ownership structure, and documentation play a significant role. With expert guidance, the process can be streamlined for better success.

Required documents typically include the company’s trade license, Memorandum of Association, passport copies of shareholders, Emirates ID for resident shareholders, and proof of business activity, such as contracts or invoices.

The timeline varies depending on the bank and the complexity of your business. On average, it takes 3 to 8 weeks. Working with experts can help minimize delays by ensuring all documents are complete and accurate.

Yes, Electronic Money Institutions (EMIs) provide a fast and efficient option. EMIs offer flexible solutions, including accounts suitable for UAE companies and those involved in crypto transactions. They can complement or substitute traditional banking in certain cases.

While no provider can guarantee bank account approval, INCORPORTAS has a 100% success rate due to its strong network of UAE banks and EMIs, as well as extensive experience in preparing complete and compliant applications.

Having a professionally drafted will ensures that your assets in the UAE are distributed according to your wishes, as local inheritance laws may apply by default if no will is in place. It provides clarity, reduces disputes, and protects your family’s interests.

Yes, through our network of licensed legal professionals, we assist in drafting and reviewing contracts to ensure they are clear, enforceable, and compliant with UAE laws. This includes commercial agreements, shareholder agreements, and more.

We act as a bridge to connect you with credible, licensed legal experts who specialize in corporate and commercial law. Our role ensures you receive tailored legal advice and solutions for matters such as corporate structuring, governance, and document preparation.

Real estate in the UAE involves complex regulations and unique market practices. Advisory services help you avoid common pitfalls, such as rushing into transactions, mismanaging payments, or misunderstanding ownership laws, ensuring your investments are secure and compliant.

Corporate ownership can offer advantages such as asset protection, easier transfer of ownership, and potential tax benefits, depending on your tax domicile. Personal ownership is often simpler but may expose assets to personal liabilities.

Yes, rental income or capital gains from UAE properties may be taxable in your country of tax domicile. It’s essential to understand these obligations to avoid unexpected liabilities and ensure compliance with international tax laws.

Yes, we coordinate with licensed legal professionals to draft and review essential documents, such as purchase agreements, powers of attorney, and wills, ensuring your property transactions are secure and compliant with UAE laws.