The UAE’s Golden Visa program is one of the most sought-after residency options in the world. It offers long-term residency for entrepreneurs, investors, professionals, and other eligible categories. For business owners, it presents a direct path to secure a 10-year residency in Dubai while building and expanding their company in one of the most dynamic economies.
If you are an entrepreneur looking to obtain a Golden Visa through business ownership, the process may seem complex at first, but with the right planning and knowledge, it can be smooth and highly rewarding. This guide walks you through each step in detail.
1. Understanding the Golden Visa for Business Owners
The Golden Visa is a long-term residency program launched to attract global talent, investors, and innovators. For business owners, it is an opportunity to gain stability, open access to Dubai’s markets, and enjoy a host of benefits such as:
- 10-year renewable residency without the need for a local sponsor
- Ability to live, work, and study in the UAE
- 100% ownership of your business in most free zones
- Ability to sponsor your family members, including spouse, children, and in some cases, parents
- Easier access to bank accounts, real estate, and global markets
For entrepreneurs, one of the most common eligibility routes is to set up a company in Dubai and demonstrate business investment that meets the Golden Visa criteria.
2. Golden Visa Eligibility Through Business Ownership
To qualify for a Golden Visa as a business owner or entrepreneur, you generally need to meet one of these conditions:
- Business Value Requirement: Your business should have a specific minimum value (often AED 500,000 or more).
- Startup Approval: If you own an innovative startup, you may be eligible with approval from an accredited business incubator in the UAE.
- Investment in Existing Business: Buying shares or acquiring an existing company that meets the valuation threshold can also qualify.
- Entrepreneurial Track Record: If you have sold a previous business for a certain value, this can also support your application.
The requirements may vary slightly depending on your chosen business setup route and the category under which you apply.
3. Choosing Where to Setup Your Company
Dubai offers two main business setup options — Free Zone and Mainland.
Free Zone Company
- 100% foreign ownership allowed
- No corporate or personal income taxes (except in certain regulated sectors)
- Easy setup process
- Ability to repatriate 100% of profits and capital
- However, direct trade in the UAE mainland requires a local distributor or branch
Mainland Company
- Ability to trade anywhere in the UAE without restrictions
- Access to government contracts
- Potentially higher credibility for certain industries
- Since 2021, most sectors allow 100% foreign ownership without a local sponsor
For Golden Visa purposes, both free zone and mainland companies are eligible, provided you meet the valuation and business activity requirements.
4. Step-by-Step Guide to Setting Up a Business for a Golden Visa
Step 1: Choose Your Business Activity
Select a business activity that aligns with your skills, market demand, and investment capability. Activities range from consulting, IT services, and e-commerce to manufacturing and trading.
Step 2: Select Your Jurisdiction
Decide between a free zone or mainland setup. This decision impacts your operational flexibility, costs, and documentation requirements.
Step 3: Reserve Your Company Name
Choose a unique trade name that follows UAE naming guidelines. Avoid religious references, political terms, or any offensive words.
Step 4: Apply for Initial Approval
Submit your application to the relevant authority (free zone authority or Dubai Department of Economy and Tourism) for initial approval of your business.
Step 5: Prepare the Legal Documents
These may include:
- Passport copies of all shareholders
- Proof of address
- Passport-size photos
- Business plan (for certain activities)
- Memorandum of Association (MOA) or Local Service Agent (LSA) agreement if required
Step 6: Secure Office Space
Some free zones offer flexi-desks or shared offices, while others require physical office space. Mainland businesses typically need an Ejari (tenancy contract).
Step 7: Obtain Your Business License
Once your documents are approved and payments are made, you will receive your business license.
Step 8: Apply for Your Establishment Card
This is needed for visa processing and immigration-related transactions.
Step 9: Apply for the Golden Visa
Submit your Golden Visa application through the relevant immigration authority. You will need:
- Valid trade license
- Proof of business valuation or investment amount
- Bank statements and audit reports if applicable
- Other supporting documents as requested
5. Costs Involved
The total cost of setting up a business to qualify for a Golden Visa depends on:
- Business activity and license type
- Jurisdiction (free zone or mainland)
- Office space requirements
- Visa category and number of dependents
On average, you can expect to invest between AED 50,000 to AED 150,000 or more, depending on the setup and whether you are creating a new business or buying into an existing one.
6. Timelines for Golden Visa Through Business Setup
- Business setup: 1 to 4 weeks depending on jurisdiction and approvals
- Golden Visa application: 2 to 4 weeks once all documents are in order
The entire process can be completed in as little as 1 to 2 months if everything is prepared correctly.
7. Benefits of Combining Business Ownership with a Golden Visa
Setting up a company in Dubai for the Golden Visa offers dual advantages. You gain:
- A profitable platform to serve regional and global markets
- Long-term residency security for you and your family
- Greater investor confidence in your brand
- Enhanced access to UAE banking and property ownership
8. Common Mistakes to Avoid
- Choosing a business activity without market research
- Underestimating total setup and operational costs
- Not preparing sufficient proof of business value for visa eligibility
- Selecting the wrong jurisdiction for your industry
- Delaying Golden Visa application after business setup
9. Final Thoughts
Obtaining a Golden Visa through business ownership in Dubai is a strategic move for entrepreneurs who want both long-term residency and a base in one of the fastest-growing economies. The process is straightforward when you understand the requirements, select the right jurisdiction, and prepare your documents carefully.
With the right planning, you can enjoy the benefits of a thriving business environment, zero personal income tax, and the stability of a 10-year renewable residency — all while living in one of the most dynamic cities in the world.
