How much does a free zone visa cost?

How much does a free zone visa cost?

The visa application fee is AED 4,670. This includes the visa fee, typing fees, medical test, residence visa stamping, and Emirates ID card. An additional fee of AED 920 is due if the visa applicant is in the UAE. A security deposit must be made of AED 2,500 (refundable upon cancellation of the visa).

What is Freezone visa?

In free zones, the most common type of residence visa is available through an employment contract with a free zone company. This type of UAE residence visa is valid for up to 3 years. Free zone visas are obtained solely from the Immigration Department (GDRFA) without the necessity of contacting the Ministry of Labour.

How much is Freezone visa in UAE?

The cost of visa in Dubai south is AED 2500 but at the same time you will get visa for just AED 1800 at Sharjah Airport Free zone. However, additional costs and conditions apply….Visa Cost of Different Free Zones in Dubai.

Service Cost in AED
Employee Visa 4,655
Visa change status 10,55
Medical and Emirates ID 1200

How much does it cost to set up a free zone company in UAE?

In DMCC, the minimum share capital for forming a free zone company is AED 50,000 per company and AED 10,000 per shareholder. For a company to be issued a General Trading Licence, it should have a minimum of AED 1 million share capital. In Hamriya Free Zone, you can form an FZE with a share capital of AED 150,000.

What are the benefits of free zone visa?

The key advantages of having a free zone visa are:

  • Tax exemption. The visa means that you’ll be exempt from paying import, export or personal taxes.
  • 100% ownership.
  • Financial access.
  • Lease premises.
  • Fund transfer.
  • Driving licence.
  • Healthcare access.
  • School registration.

How do I get Freezone visa?

Steps to Get a UAE Free Zone Visa

  1. Register for the E-channel Services.
  2. Apply for Employment Visa.
  3. Status Change.
  4. Medical Test.
  5. Register for an Emirate ID.
  6. Residence Visa Stamping.

How much is free zone visa in Dubai?

The cost of visa in Dubai south is AED 2500 but at the same time you will get visa for just AED 1800 at Sharjah Airport Free zone….SAIF Free Zone Visa Cost.

Service Cost in AED
Employment Visa 3,677
Employee visa Guarantee Deposit 2000 + 1 month basic salary
Visa change status 850
Medical and Emirates ID 1200

Is there any ban for Freezone Visa?

Usually free zones do not impose bans on employees. It depends on the circumstances that lead up to your dismissal or termination of contract. But if you have resigned from your job, there is no labour ban within free zones. If the ban is imposed, this may be applicable only within that particular freezone.

Is there any ban for Freezone visa?

What is the cheapest license in Dubai?

In Dubai, the cheapest Freezone that offers the lowest cost business license is the International Free Zone Authority (IFZA)….Which is the Cheapest Freezone in UAE?

  • International Free Zone Authority (IFZA)
  • Ras Al Khaimah Economic Freezone (RAKEZ)
  • Umm Al Quwain Free Trade Zone (UAQ FTZ)
  • Ajman Media City Free Zone.

How much does it cost to register Hamriyah Free Zone?

Hamriyah free zone company registration starts from 11,000 AED as license fee. It has a provision to apply for 1 resident visa. On top of that you need to rent a P.O. box for about 1,000 AED per year.

When was the Hamriyah Free Zone in Sharjah established?

Here is an overview of the industrial zone in Sharjah. What is the Hamriyah Free Zone in Sharjah? Also known as the Al Hamriyah Free Zone, the industrial zone in Sharjah was established in 1995.

How many visas can you open in Hamriyah?

Only Memorandum and Lease agreement will be handed over to you as hard copies. Hamriyah is flexible in terms of the visas you can open a company eligible from 1 up to 7 visas. It beats many other ways to get UAE residence visa due to high visa numbers without executive office rent. Warehouse facility allows you to open up to 50 visas.

Which is the second largest free zone in the UAE?

Hamriyah Free Zone is governed by the Emirate of Sharjah and is the second largest Free Zone of UAE after JAFZA. It was founded in 1987 and is rapidly growing, expanding its size and number of companies. Some large national and international companies have their representative offices in Hamriyah.

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