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Accounting & Tax

  • Yes. All companies must maintain records, store original documents, submit reports, and comply with tax and financial regulations.

  • Yes, companies in the UAE are required to submit regular reports for VAT, Corporate Tax, Economic Substance Regulations (ESR), and Anti-Money Laundering (AML). These reports ensure compliance with UAE laws and help prevent financial crimes.

  • Yes, we assist clients at every stage of the process. This includes registration, filing, and audit support.

Visas

  • Company owners, investors, employees, family members, freelancers, retirees can get a UAE residence visa

  • Yes, you must visit the UAE for a medical test, fingerprints, and Emirates ID issuance.

Bank Accounts

  • Yes, usually opening a bank account is more difficult than opening a company. We assist with compliance and bank selection. The process usually takes 2 to 4 weeks.

  • Passport, Emirates ID, business license, lease agreement, business plan, professional resume, and bank account statement (3–6 months).

  • Your choice should align with your business goals. Mainland companies are ideal for operating in the UAE market, participating in tenders, and quick bank account setup. Free zone companies suit various activities and offer access to ports and airports. Offshore setups are best for asset holding without visas or accounts. Contact BalancePro for tailored guidance.

  • A trade license legally authorizes specific business activities. If your business involves multiple activities, you may need more than one license. We’ll advise you on how to structure your licenses properly.

  • Typically, it takes 1 to 4 weeks. Some cases may take up to 6 weeks if additional approvals are needed.

  • We assist with bank accounts, visa processing, accounting, license renewals, and compliance with ESR, AML, and tax regulations.

  • Yes, most free zones allow full foreign ownership. In the Mainland, most of activities allow 100% ownership. We offer solutions to secure your ownership and control.

Company Formation

  • We offer company setup, bank account opening, visa assistance, accounting, document attestation, and business consulting in the UAE and other jurisdictions.

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