HOW TO GET 3 YEARS FREEZONE VISA IN THE UNITED ARAB EMIRATES
- Author- Ridhi
- Publish Date-
INTRODUCTION
The Freezone visa in UAE is especially obtained for conducting business or investment. The United Arab Emirates is not only the best country for tourism but it is also the best destination for investors or businessmen. The free zone areas in the United Arab Emirates provide facilities and services regarding business for foreign nationals. Foreign nationals, businessmen, and investors willing to expand their business will need to obtain a license for a free zone area in the United Arab Emirates. Foreign nationals willing to do business or investment can apply for licenses. After obtaining or securing UAE free zone license, foreign nationals should acquire a UAE Freezone Visa.
Free Zone areas are special economic and business zones for foreign nationals. The UAE government established it intending to provide tax and customs duty benefits to foreign investors and businessmen. The free zone visa in UAE will make the process of establishing start-ups and operating businesses very easy. The free zones in the United Arab Emirates provide plenty of options and opportunities for business. There are around 45 free zones in the United Arab Emirates. Foreign nationals who are interested in initiating work regarding business in the free zone. Then, they should obtain a valid UAE Freezone visa which will also be required for employment and long stay.
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Advantages of Freezone visa in UAE
The UAE free zone visa provides numerous advantages to enterprises which are:
- Foreign nationals establishing or expanding their work in UAE free zone do not have to worry about income tax. The free zone in the United Arab Emirates usually provides a facility of tax exemption.
- A well-developed infrastructure to support foreign startups and businesses.
- The stable economic climate in free zone areas for businesses.
- Complete ownership of the business, company, or organization to foreign nationals.
- Services to support import and export from outside and inside the nation.
Validity of Free Zone visa in UAE
The stay validity of a UAE free zone visa for foreign investors or businessmen is three years. At the end of the three-year validity duration, the applicant should renew it on time to continue working in Freezone.
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Steps to apply for UAE free zone visa
Foreign nationals have to complete certain procedures to obtain a UAE-free zone visa.
1- E-Channel Services
Registration for E-Channel services is the very first step applicant will need to follow to apply for a free zone visa in UAE. The applicant should log in to E-Channel services with the help of their typing agent. The applicant can also take the help of a free zone agent for registering their business or company for online registration. The applicant applying for UAE free zone visa has to pay deposit and registration charges.
Registration fee- AED 2500
Deposit charges- AED 5000
After the completion of the registration process, the applicant will get a notification or message through their e-mail ID.
2- Employment visa
Obtaining a UAE employment visa is the second step. The employment visa is also referred to as an Entry permit. The entry permit will stay effective for 60 days in UAE free zone. Applicants should avoid not to leave the country after submitting their entry permit application in UAE. Because irregular travel outside the UAE after submission of the application may prolong the procedure. Applicant Employment visa or entry permit will be emailed to them.
Entry permit fee- AED 1000
3- Status change
Applicants should activate or shift the status of their entry permit. This step is also referred to as the status adjustment of the entry permit. Applicant can activate their entry permit from the immigration department. This phase is the easiest path but it can only be done if the applicant is in UAE. Give your passport to the immigration officer for stamping. It will not take more time than 5 days.
Status change fee- AED 750
An applicant who is adjusting the status of an entry permit from outside the country. This can be done by entering and exiting the UAE. The applicant will need to visit the immigration department at the airport to activate their entry permit. Applicants can also complete the process by leaving and entering the United Arab Emirates through borders. The best option is to apply for a status change while the applicant is in UAE. As only a few nations can obtain it from outside the country.
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4- Medical test
Pass the medical fitness test which includes a blood test and an x-ray of the chest.
5- Emirates ID registration
Applicants should apply for Emirates ID registration after passing the medical test to check for infectious diseases. It is an important step because it will be required foreign nationals to open accounts in banks, agreements, etc.
6- Residence Visa
Apply for a UAE residence visa for the free zone. Applicants can apply for UAE residency visas in the UAE Free Zones in a variety of ways. The General Directorate of Residency and Foreign Affairs issues the UAE Residence Visa. The residence visa will be usually sponsored by a free zone.
Conclusion
Applicants can obtain their 3 years Freezone visa in UAE for initiating new startups, businesses, and other related work.