The Partners Visa UAE opens doors for foreign entrepreneurs and investors eager to dive into the city’s bustling business environment. This visa offers a prime opportunity to establish or expand business ventures in the Emirate and beyond.

Here’s what we’ll cover:

• What is a partners visa UAE?
• Requirements for obtaining a partners visa UAE
• The application process for a partner visa – step-by-step guide
• Cost of the partners visa UAE
• Dubai and UAE partner visa regulations
• FAQs about the partners visa UAE
• Simplifying a complex visa application process

What is a Partners Visa UAE?

A partner visa is granted to foreign nationals who own a company, hold shares in an existing business, or aim to establish a business in the UAE. This residency visa promotes international collaboration and foreign investment, allowing holders to live, work, and sponsor family members’ visas in the UAE. The visa is valid for three years and can be renewed.

Foreign entrepreneurs can partner with a local Emirati sponsor, who holds a majority share (51%) in the company. This partnership is essential for the visa application, enabling the foreign partner to legally work and reside in Dubai. The partner visa facilitates business growth and new ventures in Dubai, leveraging its favorable economic climate, strategic location, and global connectivity.

Requirements for Obtaining a Partners Visa UAE

Securing a partner visa in Dubai involves several steps and specific requirements set by the Dubai government:

1. Partnership Agreement: A signed and attested agreement outlining the partnership terms between the foreign national and the local Emirati sponsor.
2. Minimum Capital Investment: A foreign national must own shares or invest in a company in Dubai, with a minimum investment of AED 72,000.
3. Local Sponsorship: Secure a local Emirati sponsor who holds the majority share (51%) in the company.
4. Business Licensing: The company must be legally registered in Dubai with a valid trade license.
5. Proof of Financial Capability: Provide bank statements or financial records to demonstrate financial stability.
6. Valid Passport and Photographs: A passport with at least six months’ validity and recent passport-sized photographs.
7. Health Insurance: Valid health insurance coverage is mandatory.

The Application Process for a Partners Visa UAE – Step-by-Step Guide

1. Partner with Dubai Business Service: Collaborate with Dubai Business Service for expert guidance on the partner visa process.
2. Prepare Partnership Agreement: Outline ownership percentages, profit-sharing, and responsibilities in a signed partnership agreement.
3. Company Formation: Register a new company in Dubai and obtain the necessary trade license and approvals.
4. Prepare Required Documents: Gather the essential documents for the application, including passport, visa form, partnership agreement, trade license, financial documents, Emirates IDs, and health insurance certificate.
5. Submit the Partner Visa Application: Submit the completed application form and documents to the appropriate authorities.
6. Pay Visa Fees: Pay the specified partner visa fees.
7. Medical Examination: Undergo a medical examination at an approved center.
8. Approval and Visa Stamping: Once approved, get the visa stamped on your passport at the immigration office or designated centers.

Cost of the Partner Visa in Dubai

The cost ranges from AED 1,000 to AED 13,000, depending on the type of investment or business. For up-to-date information and guidance, consult business setup specialists like Trade License Zone.

Dubai and UAE Partner Visa Regulations

• Local Sponsorship: A local Emirati sponsor is mandatory, holding 51% of the company.
• Company Formation: The company must be legally registered with a valid trade license.
• Share Capital Requirements: Compliance with minimum share capital requirements based on the business activity.
• Partnership Agreement: A valid agreement outlining partnership terms.
• Visa Duration and Renewal: The visa is valid for three years and is renewable.

FAQs about the Partners Visa UAE

• Renewing a Partners Visa UAE: Gather necessary documents, possibly undergo a medical examination, submit the renewal application, pay fees, and get the visa stamped.
• Working with a Partners Visa UAE: Yes, the visa allows you to work and engage in business activities within the partnered company.
• Processing Time: The process takes 15 to 20 working days.

For seamless and timely processing, start the application early and seek professional guidance from experts like Dubai Business Service.

Simplifying a Complex Visa Application Process

Obtaining a partner visa in Dubai enables foreign entrepreneurs to establish or expand their business ventures. Although the process is complex, partnering with a local Emirati sponsor (holding at least 51% of the business) is crucial. Dubai Business Service offers smart business setup and support, ensuring you can successfully obtain a partner visa and seize business opportunities in this dynamic city.