Is it possible to set up a company or invest in UAE without physical presence in the country?


 

The United Arab Emirates (UAE) is a hub for business and investment, attracting entrepreneurs and investors from around the world. While the country has traditionally required physical presence for setting up a company or investing, recent developments have made it possible to do so remotely.

The UAE’s government has recognized the need for flexibility and adaptability in the current global business landscape. As a result, it has implemented several measures to make it easier for businesses and investors to set up companies and invest in the UAE without being physically present.

One such measure is the introduction of e-commerce licenses, which allow businesses to operate online without requiring a physical office space. This has opened up new opportunities for entrepreneurs who want to start an e-commerce business in the UAE but don’t have the resources to rent office space.

Another option is the establishment of a company in a free zone. Free zones are designated areas in the UAE that offer various incentives to businesses, including 100% foreign ownership, exemption from taxes and duties, and simplified customs procedures. Some free zones also allow for virtual offices, which provide businesses with a registered address and a local telephone number without requiring a physical presence.

Investors can also benefit from the UAE’s remote investment options. The country has established a robust digital infrastructure that allows for online investment and trading through licensed platforms. This means that investors can invest in the UAE’s stock market or start a new business without being physically present.

The UAE has also introduced a virtual commercial license, which allows investors to conduct business remotely. The virtual commercial license is ideal for businesses that operate entirely online, such as freelancers or digital marketing agencies.

In conclusion, the UAE has made significant progress in facilitating remote business and investment. Entrepreneurs and investors now have several options to start a business or invest in the UAE without physical presence. With the country’s commitment to digital innovation and business-friendly policies, the UAE is a prime destination for global business and investment.



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