Foreign investors who wish to do business in the region must have a UAE Establishment Card. It is very important to understand the steps involved in starting a business. However, you should also be aware of additional criteria that must be met to successfully market your services or products.
In this article you must learn about what is establishment card renewal, the way to obtain it and the cost of it. Let us see it!!!
What is an Establishment card?
- First of all, it is not the only name of the document. The establishment card Dubai has other names such as CEC (Company Establishment Card) and CIC (Company Immigration Card).
- You hold a plastic card, the size of a credit card, which is called whatever, and it contains information about your business. This includes the company name, establishment card number and expiration date.
- The business establishment card UAE is issued by the immigration authority of the emirate in which the business is registered. Please note that the card is not issued by the commercial register. Rather, the immigration authority does.
- If your company is registered in Ajman Free Zone, it will not issue your documents in Ajman Free Zone. The registry office will request this from the Ajman Immigration Department.
- Entrepreneurs are able to set up a company within a free zone in a day or two, but they need to wait for the company access card to be issued for a period of 8 to 14 days.
- Merchants are currently unhappy when they receive late-issued cards and are contacting the free zone authorities. Please wait 8 to 12 days for the issuance of your company card and plan your next steps accordingly.
- For example, if you have a local business in Dubai, get your company’s branch card and go directly to the immigration office at Al Manara Center in Dubai. After you have paid and signed the relevant forms, you will receive your company card the same day.
- Alternatively, you may need to submit certain documents to the free zone authorities to start the process. At the immigration office. For local/mainland businesses, you need to personally visit the immigration office to process the card.
Benefits of a UAE establishment card
- Small investors from around the world, with fresh ideas but limited funds, can start investing business ventures in the realm of investing without any minimum capital requirement imposed.
- Microfinance and fast banking services for digital businesses and support systems in the 40 free zones of the UAE.
- Those who take advantage of this opportunity to earn profits in the UAE can also repatriate all profits indefinitely, and the corporate tax rate of 9% is one of the lowest in the world. Flexible work rules allow companies to support businesses, 90% of which are immigrants.
- Also, more people enter the country on long-term visas that allow entrepreneurs, talented professionals and investors to stay with benefits for up to ten years. They easily integrate into the country where they are based.
- The UAE opens many doors to exporters and importers with low or no customs duties of up to 5%, making it the third country in the world and first among Arab countries in regional and global trade.
- With five-year entry visas and other immigration facilities for professionals working in companies in the UAE, companies can grow with a rich supply of human capital.
- However, to be a part of this powerful entrepreneurial ecosystem, entrepreneurs must obtain an Emirati establishment card UAE, which includes the serial establishment card number, company name, and expiration date.
- The UAE Immigration Department issues business registration cards in the name of the registration department where the business is registered. The registration department, where the business is registered, issues business registration cards on behalf of the UAE Immigration Department.
- Mainland companies must contact immigration authorities after registering the company, while free zone companies automatically process the application for a settlement card.
Documents Required to Get the Establishment Card in UAE
- You probably know what the Dubai Constitution Card is and why it is important to have one. Now let us find out how to get one. First, you need to find out who is responsible for issuing documents.
- There is often confusion about who issues corporate cards The General Directorate of Residency and Immigration (GDRFA) authorizes this process. On the other hand, you also need to know the expiration date of this document.
- The answer to this question depends on where you are starting your business. If it is in a free zone, it will only be valid for one year. The validity period is extended to three years for businesses located in a rural area.
- It is important to know the expiration date to avoid penalties associated with renewing your business card. These penalties can take several forms. If the shareholder has an Emirates ID card, the authorities will apply the fine to the Emirates ID card.
- If you have already decided how to start your small or large business, start by getting your business card.
The UAE authorities consider the UAE Establishment Card as your company’s identity card, which is a document required for companies to conduct legal business activities.
This allows companies to take advantage of all the benefits that a large trading country like the UAE has to offer. The Articles of Association of a company are similar to a birth certificate, and an identity card is similar to an ID card.
An ID card, like any ID card in any country in the world, gives its holder certain privileges over those who do not have an ID card. You will not be able to count.
Sponsor Emirates ID (Original)
Below is a list of relevant documents that you must include with your application.
- Double Business License.
- List of Business Partners (for LLC)
- Double MOA (for LLC).
- Local Sponsor Passport.
- Copy of Business Partner Passport (for LLC).
- Passport copies of members and sponsors.
- Arabic map of the region.
- Copy of the lease agreement.
- A copy of the electronic signature card of the signatory and the sponsor (if any) and the title deed (notarized and certified).
Applicant Passport copy
The first thing you need to know is that you need to register your company before you start this process. It is also important that the company has a business license. This is one of the documents required to obtain the Establishment Card UAE.
Visa Copy
To obtain the Emirates Institute Card, you must meet eligibility requirements, obtain documentation and follow official procedures.
Sponsor Bank Account
The process of obtaining this card is as simple as applying for a group work visa, registering as a free zone company and completing a self-audit. This will help you easily obtain the basic services you need to run your business in the UAE.
See the process to obtain and renew the Dubai establishment card
Due to the consequences of expiration, it is important to renew your business license as soon as possible. It is also important to complete the business card renewal process before it expires. But after renewing the business registration.
You should allow two days to prepare everything, collect your documents and start the process. It is easy to renew your card online. Just follow these steps:
- Fill out the online form.
- Pay your bill with Nakodi.
- Attach supporting documents to the printed receipt.
- Also extended to immigration.
- If it is an emergency, you will receive your card immediately.
- Otherwise, please allow 2 to 3 business days for delivery.
Businesses, government offices and factories require a business license to access water, electricity and internet services. It is also required when entrepreneurs apply for a residence visa.
We recommend that you keep track of the validity of each business document, as you risk paying renewal fees when they expire. Obtaining this card is as easy as applying for a Mass Employee Visa, registering your company in the Free Zone and conducting a self-check.
This gives you the opportunity to easily obtain the services you need to do business in the UAE.
How to Apply for the Establishment Card in UAE?
- The company must already have a business license. This is the only requirement for obtaining a settlement permit. Therefore, you must register your business and wait until you receive a business license.
- Once you have this, you can start the process of applying for a work permit. Once you have all the necessary documents, you can apply for a residence permit. You will need to fill out an application form and submit it to the appropriate immigration office.
- The steps to obtain a residence permit are as follows. Go to Taseer Writing Center with your documents and pick up the application form. Get the form translated into Arabic and fill it out. Get your partner’s signature and company stamp.
- After receiving your card, please keep it in a safe place so that you do not lose it. If you lose your card, you must pay a replacement fee and apply for a new card. Once you have all the necessary documents, you will need to go to the Taseer Writing Center.
- There you will present all your documents, request a form and fill it out in English. Once you have entered the required information, you will need to request an Arabic translation.
- To complete this step, you will need to obtain the company seal and the signatures of all shareholders. In this case, any resident of that country will also need to provide the partner’s Dubai visa stamp.
- Once you have completed all the above steps, the process is complete.
How much does a UAE Establishment Card Cost?
Another important factor is the cost of obtaining the Dubai Constitution Card. The cost may vary depending on the location of your business. Among other things, it covers important documents from the United Arab Emirates.
Annual fees vary between AED 650 and AED 1,500 depending on the free zone. In Dubai, for example, fees for mainland companies range from AED 4,940 to AED 5,000.
You also need to consider renewal fees as the expiration date approaches. Especially if you do not want to pay a penalty for renewing your business card.
The issuance of an agent card is always accompanied by the payment of applicable government taxes. Your company’s training and renewal packages may include you in the cost of agent card fees at the FTZ business, so you should be aware that they are charging these fees.
However, in the FTZ, your institution may charge additional card fees. Local companies pay branch card fees separately and directly to the Immigration Department.
How to check establishment card online? How to check establishment card status in Dubai? Let us see it.
How to Check Establishment Card Status in UAE?
Once we issue the card, we will send the original (as per Dubai Free Zone) or a printed copy of the document to your registered email address. If you receive the original you must keep it in a safe place, if you lose it you will need to apply for a new card and pay a reissue fee.
Ensure that you receive your business immigration card on time. If your company is registered in a free zone, we will extend it even before the deadline. The free zone authority usually handles the renewal automatically.
As mentioned above, the Free Zone Authority generally includes the agency card fees in the cost of the business renewal. However, if your free zone has additional fees, you may need to contact the registrar separately to request an extension.
Finally, if you are a local company, you must complete the renewal process yourself. This can take several weeks from the time you renew your business registration until your card expires.
In Summary
If you need more than one type of accommodation, we can help. To learn more about these topics, contact us.
