How long is a free zone visa valid for?
A free zone visa is issued for three years, after which you would need to apply for renewal. Comparatively, visas issued on the mainland are typically for a duration of two years. However, more recently, new announcement have been made for five-year (or Green) visas and 10-year (or Golden) visas.
What is a free zone?
A free zone, also known as a free trade zone, is a special economic zone where companies can operate and receive considerable tax and fee exemptions. Companies within free zones are treated as offshore companies and therefore do not need to engage with the customs authorities or Ministry of Economy.
How can I get a freezone visa for Dubai?
You need to get done with your medical fitness test before obtaining freezone visa. A blood test for any infectious disease and a chest X-Ray will be done for medical fitness test and the result are usually out after three days. After getting done with your medical test, you need to proceed for emirates ID card.
What are the benefits of the Free Zone in Mexico?
The free zone also creates greater economic growth in Mexico by allowing resources to move easily across the border for manufacturing and assembly plants. The resulting products can then be exported outside of Mexico duty-free, giving companies incentive to produce in Mexico, and in turn, creating more jobs for Mexicans living there.
What are the benefits of free zone visa?
Benefits of the UAE Free Zone Visa100% foreign national ownership with no local affiliation.Exemption from personal, import, and export taxes.Exemption from corporate taxes for a fixed period of time with option for renewal.Availability of long-term leasing options lasting up to 25 years.Free transfer of funds.
What is free zone employment 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. Entrepreneurs aiming for their registering a company in Dubai can attain residence through an employment visa or investor visa.
How can I get Dubai free zone visa?
Why a Free Zone Visa Is Great For BusinessStep 1: Register for E-Channel services. The first step of the free zone visa process involves getting online. ... Step 2: Entry permit. ... Step 3: Status change. ... Step 4: Medical fitness test and Emirates ID registration. ... Step 5: Residence visa stamping.
How long is free zone visa?
3 yearsThe validity of the visa is for 3 years. The Immigration Department (GDRFA) issues free zone visas without the need to contact the Ministry of Labour. These visas are relatively easy to obtain, however, such visa holders cannot work outside free zones.
Is there any ban for Freezone visa?
Usually free zones do not impose bans on employees. But they may impose ban if the employer requests it. 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.
Which is the cheapest free zone in UAE?
Top 5 Cheapest free zones in the UAESharjah Research Technology and Innovation Park (SRTIP) ... Ajman Media City (AMC) ... Sharjah Media City free zone (SHAMS) ... Ras Al Khaimah free zone(RAKEZ) ... International Free Zone Authority (IFZA), Dubai.
What is the difference between Dubai and free zone visa?
Dubai visa's validity lasts for two years, while a free zone visa is valid for three years. Moreover, your mainland visa application is mostly governed by the UAE Labor Law. Free zone visa depends on the specific law of your chosen free zone district.
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).
How much is free zone visa in UAE?
AED 5000 approxVisa Charges: AED 5000 approx. per person (For investor AED 3000/-Bank Guarantee). For Employee, the investor will provide financial guarantee equivalent to 1.5 month's salary and return ticket for each employee. UAE Freezones will be happy to aid you in incorporating your company in the UAE.
What free zone means?
: an area within which goods may be received and stored without payment of duty.
How do I get my free zone license?
Here are the key steps to set up a business in a free zone.Determine the type of legal entity.Choose a trade name.Apply for a business licence.Choose an office space.Get pre-approvals, register your business and get your licence.
What is the cheapest license in Dubai?
Sharjah Media City, also known as SHAMS, is offering business setup packages starting just AED 5,750 is currently the cheapest free zone license in the UAE. The package includes a professional media license and one of the 13 listed activities. To add more activities one would have to pay AED 1,000 per activity.
What is the difference between employment visa mainland and Freezone?
Mainland Company can work anywhere in the UAE, whereas free zone company required the help of a local agent or distributor to work in the non-free zones. An employment visa issued for a Mainland Company is valid for two years whereas free zones visas are valid for three years.
What is the difference between Freezone and LLC?
Freezone entities are limited to a certain number of visas. They are normally allowed 1 to 6 visa packages. If a company needs more than that, then they have to rent a physical space within their specific freezone. LLCs receive an electronic quota from the Ministry of Labor (MOL) for their visa eligibility.
What is meant by free zone?
Definition of free zone : an area within which goods may be received and stored without payment of duty.
What is the meaning of free zone company?
Freezone Company: A freezone is a defined and isolated land or setting, with a special tax, customs and imports regime, that is different from a mainland area. The main advantage of owning a freezone company is that as an expatriate, you can own the business 100% without having to give out any of its shares.
How many free zones are there in the UAE?
Your Government related matters will be handled by the specific Emirate where your residence visa is issued, because there are almost 45 Free Zones and 7 Emirates working in the UAE.
How long can you have a residence visa?
You can have a residence visa for 2 years if you purchase a residential property with value over one million Dirhams
How long is an E channel visa valid?
After getting registered for E-Channel services, this is the time to apply for entry permit or employment visa. It is a temporary visa that is valid for 60 days. After getting this visa, you will need to change your status. This step is to activate your entry permit.
Is it easy to get a free zone visa?
Free Zone visa process is basically very easy but only for those who are professionally expert in this field. This is very important to choose a proper platform for your business so you will be able to establish a successful entity.
How to apply for a free zone visa
You can apply for your free zone visa in just five simple steps. Whether this applies directly to you, a family member or an employee you are hiring, the steps are the same.
Step 1: Register for E-Channel services
The first step to applying for your UAE free zone visa is registering for E-Channel services. It was designed by the UAE government to streamline the visa process. The new online system removes paperwork and makes applications much faster and more transparent than ever before.
Step 2: Entry permit
Once registered for E-Channel services, you’ll need to apply for your entry permit – also known as an employment visa. This is essentially a temporary visa, valid for 60 days. Entry permits are usually issued within 15 days, however for an additional fee of AED 1,000 you can apply for the express service which takes 5-7 working days.
Step 3: Status change
With your entry permit in-hand, it is now time to activate it. This process is known as ‘status change’ or ‘status adjustment’. It is not possible to obtain your full free zone visa without completing this stage. There are three different ways to carry out a status change:
Step 4: Medical fitness test and Emirates ID registration
The fourth stage in obtaining your UAE visa is the medical fitness test and Emirates ID card registration. Learn how to check your Emirates ID Status here.
Step 5: Residence visa stamping
The final stage of the visa application process is residence visa stamping – this refers to obtaining the actual UAE residence visa stamp or sticker in your passport.
Applying for a free zone visa for dependants
Once your UAE visa has been granted, you can apply for additional visas for your spouse, dependent family members and domestic staff such as maids or drivers.
What is a visa?
A visa is a permit issued by a country to someone allows the person into the country stating clearly the purpose of the visit and the duration of the stay. Visas are associated closely with the request for permission to enter or exit a country and the conditions pertaining to this vary with the country one chooses to visit.
How does a visa work?
How does it work? Visas generally work through the simple rule of seeking permission from the country one wishes to visit. For example, a non-EU tourist who wishes to visit Spain generally must first obtain a Spanish Tourist Schengen Visa.
How long does a transit visa last?
There are different types of visas but the most common include; the transit visa which lasts for less than three days and issued for people passing through a country to another stop. The tourist visa to people who wish to travel for leisure. There is also business visas issued to those who wish to engage in commerce in another country.
Do you need a visa to enter the Schengen zone?
Are you within the Schengen zone you don't have to worry about a visa due to the freedom of movement rule 🇪🇺. You will for sure have to show your visa when entering the first country after being outside the Schengen zone ✅.
Why a Free Zone?
The Mexico Free Zone was established to bolster trade and tourism in the country’s border areas.Non -Me xican vehicles driving in these zones do not require a Temporary Vehicle Importation Permit (TIP), allowing travelers to save time and money when planning their Mexico trip. This is especially beneficial to frequent visitors from US-based border states as well as for travelers who have made last-minute travel plans or are making quick trips to the country.
Where does the free zone end?
From Imuris, all of the areas to the north and west of Mexico Federal Highway 15 are included. Kilometer 98, southeast of Empalme, is where the free zone ends.
Why is Mexico a free border?
The Mexico Free or Border Zone was designated by the Mexican government to make it easier for travelers to enter Mexico and improve tourism along the U.S. border. Vehicles driving in these zones do not need a Temporary Vehicle Importation Permit (TIP).
What is the perimeter of the Mexico Free Zone?
For all other Mexican border states, it is the area between 20 and 26 km (12 to 16 miles) from the border.
Where is Sonora Zone?
The Sonora zone lies to the northwest of Mexico Federal Highway Number 2, starting at Agua Prieta. It extends through Cananea, to where it intersects with Mexican Federal Highway 15 in Imuris. From Imuris, all the areas to the north and west of Mexico Federal Highway 15 are part of the free zone. Kilometer 98, southeast of Empalme, is where the free zone ends (see map).
Can you travel outside the Mexico free zone without a TIP?
What if I accidentally travel outside the free zone without a TIP? It is illegal to travel outside the Mexico free zone without a TIP. Your vehicle could be confiscated and you could be escorted back to the border or taken to jail.
Do you need a driver's license to drive a foreign plated vehicle in Mexico?
You will need a current driver’s license if driving your foreign-plated vehicle in Mexico.
