Opening a corporate bank account is the single slowest step in UAE company formation — taking 2 to 12 weeks depending on jurisdiction, entity type, and banking relationship. UAE banks have progressively tightened KYC requirements since 2024, and
The UAE retirement visa is a 5-year renewable residence permit for individuals aged 55 and older who want to retire in the UAE. Applicants must meet one of three financial thresholds: AED 1 million in savings, AED 1 million in property, or AED
The UAE issues a 1-year remote work visa that allows digital nomads, freelancers, and remote employees of foreign companies to live in the UAE while working for an employer or clients based outside the country. The visa does not require a UAE
Every GCC country requires foreign workers to hold a work permit (or labour card) and a residence visa — two separate documents issued by different authorities. The work permit authorises employment; the residence visa authorises physical presenc
Saudi Premium Residency is a permanent or annual renewable residence permit for high-net-worth individuals who want to live, work, own property, and invest in Saudi Arabia without a Saudi sponsor. Two tiers exist: Permanent Premium Residency at
The UAE Green Visa is a 5-year self-sponsored residence permit that allows skilled employees, freelancers, and investors to stay in the UAE independently of their employer. Unlike the standard 2-year employment visa — which is cancelled when the
The UAE freelance visa allows independent professionals to live, work, and invoice clients from the UAE without a traditional employer. Freelance permits are issued by specific free zones — including TECOM Group (Dubai Media City, Dubai Internet
UAE entrepreneurs and investors can sponsor spouse, children (regardless of age under the Golden Visa), parents, and one domestic worker on their residence visa. The minimum salary requirement is AED 4,000 per month with employer-provided accom
A UAE tax group allows two or more resident entities under common ownership (95 %+) to file a single consolidated corporate tax return, offsetting one entity’s profits against another’s losses. Tax grouping is optional and must be elected with th
Kuwait applies a 15 % corporate income tax exclusively to foreign-owned entities. Kuwaiti and GCC nationals pay no CIT — they are subject instead to 1 % Zakat and 2.5 % NLST (National Labour Support Tax). Kuwait is the only GCC country where the
