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One of the advantages of setting up a business in any free zone in Abu Dhabi is getting tax benefits and 100% anonymous ownership. This is one vital component that entrepreneurs need to navigate when starting a business in a free zone, i.e., how to get the right visas. When they venture into this business sector, there are specific visa rules for free zone licenses; every businessman should have complete knowledge of that. In this blog post, we dissect free zone license visa requirements to make your business transition effortlessly.
Free zones, for the business owners even provided investor or partner visas. The visas are for those who are managing the business or hold ownership. An investor visa is generally issued for three years and can be changed on reestablishment gave the business stays consistent with the operational necessities of the free zone.
You must submit your company's financials, proof of ownership & relevant identification documents to the process. The partner visas function in much the same way, with foreign citizens to enter Abu Dhabi on a 3-year live and work visa while carrying out their commercial activities from within the free zone.
After you get your license and register your company in free zone, you can start sponsoring visas of employees. Every employee visa has to be approved by the appropriate free zone authority, which verifies that the company needs to have office space and resources sufficient for a given number of employees.
If you are applying for employee visas, your company will need to submit:
Companies in free zones have an option of sponsoring visas for dependents (for employees or business owners as well). Employees with a valid free zone visa can sponsor their spouses, children, and domestic workers. The sponsorship of dependents process include a number of financial requirements where the sponsor (employee) needs to get an income above a certain amount together with providing appropriate accommodates for his dependents.
Dependency KITAS visa applications will require the employee’s evidence of income, rental contract and medical insurance.
The medical examination is an integral part of the visa process in Abu Dhabi's free zones. Medical Checkup: All visa applicants including business owners, workers as well as dependents require a medical check test that screens for diseases like tuberculosis and the HIV virus. They must also qualify and obtain health insurance that meets the legal requirements of Abu Dhabi.
In this sense, free zone authorities generally request proof of health insurance for employees and their dependents before going on to approve the visa.
Conclusion
Understanding the visa requirements in Abu Dhabi-free zones is essential to the smooth operations of any business. The company has to obtain the right number of visas and make certain that the employees — as well as their dependents — have all necessary documentation, orderly and according to regulations. Bookkeeping Services in Abu Dhabi can help businesses in this by taking care of all the financial and payroll records so, business persons can concentrate on their growth while meeting its legal obligations cost-effectively.