FAQ
Frequently asked questions
Welcome to Tax Pro Dubai, your reliable partner for business setup, tax and VAT registrations, banking and asset management in the UAE. We
understand that doing business in Dubai raises many questions. That is why we have collected the most frequently asked questions and answer them with our expertise and years of experience.
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1. Trade and Investments in the UAE
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Is doing business in Dubai legal?
Yes, Dubai is one of the most business-friendly locations in the world, with clear regulations and tax advantages. As long as a company is properly registered and holds the necessary licenses, doing business is completely legal and even strongly encouraged by the government.
Not sure which licenses you need? Our experts guide you from A to Z!
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Can I Run a Tax-Free Business in Dubai as a Dutch Citizen?
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Are Cryptocurrencies and Forex Trading Legal in Dubai?
Yes, but only through regulated platforms licensed by the Dubai Financial Services Authority (DFSA) or other recognized authorities.
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Can I Buy Real Estate as a Foreign Investor?
Yes, foreigners are allowed to own property in certain areas such as Dubai Marina and Downtown Dubai. We’d be happy to advise you on the best options available.
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2. Setting up a company in Dubai
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How do I set up a company in Dubai?
Starting a business in Dubai may seem complex, but with the right guidance it can be a simple and smooth process. Everything starts with choosing the right one corporate structure. Will it be a free zone company with full ownership and tax benefits, a mainland company with direct access to the local market, or a offshore company for international business? At Tax Pro Dubai we guide you step by step: from registering your trade name and obtain a business license to open a bank account and arranging visas. Thanks to our years of experience and strong network in Dubai we ensure that your company becomes operational quickly and without complications.
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Why Do I Need UAE Banking?
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Why is Dubai an attractive location for companies?
Dubai offers a tax-friendly environment, a strategic location between Europe, Asia and Africa, and a modern infrastructure that helps businesses grow. In addition, you benefit from 0% corporate tax on profits up to AED 375,000, full profit and capital repatriation and a flexible registration system.
With the support of Tax Pro Dubai, you can take maximum advantage of the business opportunities Dubai has to offer.
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What is the best business structure for me?
The choice of a business form depends on your objectives. If you want the local market enter, a mainland company is ideal. Do you want maximum ownership and tax benefits, then a free zone company is the best option. Offshore companies are perfect for international trading and asset management, without having to be physically present doesn’t have to be in Dubai. At Tax Pro Dubai we look at your business ambitions together and advise you on the most profitable and efficient structure.
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What is a Mainland Company?
A Mainland Company is a business registered with the Dubai Department of Economic Development (DED), allowing unrestricted trade within and outside the UAE. Depending on the sector, a local partnership may be required. This structure is ideal for businesses targeting the local market.
Want to do business in Dubai without restrictions? Discover how we can help you set up a Mainland company!
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What is a Free Zone Company?
A Free Zone Company is a business registered in one of Dubai’s free zones, offering benefits such as full foreign ownership, tax exemptions, and reduced administrative requirements. It is ideal for international trade and export but usually has restrictions on direct sales within the UAE market.
Unsure whether to choose a Free Zone or Mainland company? We’ll help you make the right decision!
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What is an LLC?
An LLC (Limited Liability Company) is the most popular business structure in Dubai and the UAE, ideal for entrepreneurs looking to establish a flexible company. It offers limited liability, ensuring that owners are not personally responsible for debts. An LLC can operate freely within the UAE and internationally, making it an attractive choice for many industries.
Want to know if an LLC is the best option for your business? Request a free consultation and discover the benefits!
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3. TAX and VAT Registrations
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Why Is Tax and VAT Registration Necessary?
Tax and VAT registration is mandatory for businesses exceeding the revenue threshold set by the Federal Tax Authority (FTA). The UAE applies a 5% VAT rate on most goods and services. Registration helps avoid penalties, facilitates international trade, and ensures tax transparency. Additionally, businesses can reclaim paid VAT, leading to cost savings.
Unsure if your business needs VAT registration? We’ll set up a seamless tax structure for you!
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Is VAT (VAT) registration mandatory for my company?
Yes, the UAE has a 5% VAT rate since 2018. This means that companies with an annual turnover above AED 375,000 are required to register. If your turnover is between AED 187,500 and AED 375,000, registration is optional.
Many companies make mistakes with VAT returns or miss deadlines, which can lead to fines. Tax Pro Dubai takes care of this completely. We ensure timely and correct registration and guide you in complying with all tax regulations. -
How does registration for VAT and corporate tax work?
Registration is done through the Federal Tax Authority (FTA). This process requires necessary documentation, such as your business license, financial information, and personal identification. Because errors can lead to delays or fines, it is crucial that this is done carefully.
At Tax Pro Dubai we ensure that your registration is quick and hassle-free, so you don’t have to worry about bureaucratic hassle
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What happens if I don't comply with the tax rules?
Non-compliance with tax laws can have serious consequences. Think of high fines, administrative sanctions and even the suspension of your business license.
Fortunately, you don’t have to worry about this when you work with Tax Pro Dubai. We keep you informed of all tax obligations, ensure that your returns are submitted correctly and on time and help you minimize risks.
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4. UAE Banking & Wealth Management
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What Is Wealth Management?
Wealth management is a specialized financial service focused on managing, growing, and protecting assets. It includes investment strategies, tax planning, estate planning, and risk management. Dubai offers extensive wealth management opportunities for both individuals and businesses, thanks to its stable economy and tax advantages. Professional wealth management helps optimize returns and structure financial assets in a tax-efficient way.
Want to manage your wealth wisely and maximize tax benefits? Our team of experts is here to help!
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How do I open a business bank account in Dubai?
Opening a business bank account in the UAE is an essential part of doing business, but the regulations can be strict. Banks require a valid business license, a detailed business plan and proof of operations. Some banks also have minimum balance requirements.
However, with the right approach this is not a problem. Tax Pro Dubai has a strong network with various banks in the region and will help you choose the right bank. We will guide you through the process and ensure a quick and hassle-free approval.
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Why Choose Banking in UAE?
Dubai is a financial powerhouse with one of the most stable banking systems in the world. Banking here means:
- International transactions without restrictions.
- Multi-currency options to make global business easier.
- Strong privacy protection and tax-friendly structures.
- Access to exclusive investment opportunities and asset management solutions.
At Tax Pro Dubai we know the best banks for entrepreneurs and investors and we ensure that you open an account that perfectly suits your business needs.
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How do I optimally manage my assets in the UAE?
Dubai offers numerous asset management options, from real estate and gold investments to specialist financial products. It is essential to structure your assets smartly and manage it tax efficiently.
At Tax Pro Dubai we work with recognized asset managers to develop tailor-made strategies. In this way we ensure that your assets are safe, profitable and well managed.
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