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UAE Golden Visa

UAE Golden Visa for Entrepreneurs: Business Growth, Benefits & Application Process 

The UAE Golden Visa for entrepreneurs provides an opportunity for international business owners to secure long-term residency while operating in one of the world’s most dynamic and innovative economies. Backed by clear regulations and strong infrastructure, the Golden Visa offers more than extended residency, it supports business continuity, investment flexibility, and growth planning for entrepreneurs. 

This article outlines the key benefits, eligibility pathways, application process, and strategic factors entrepreneurs should consider when applying. 

Why the UAE Golden Visa Matters for Entrepreneurs 

As part of the UAE’s national strategy to attract global entrepreneurial talent, the Golden Visa program offers a 10-year renewable residency for qualifying business owners and innovators. It removes the need for a local sponsor and grants full ownership rights, aligning with broader initiatives such as the National Agenda for Entrepreneurship and SMEs, which aims to transform the UAE into a global startup hub by 2031. 

Entrepreneurs gain access not only to a business-friendly regulatory environment but also to a growing investor ecosystem and institutional support, including targeted funding programs for startup growth. 

Golden Visa Benefits for Entrepreneurs 

Entrepreneurs who qualify for the UAE Golden Visa gain a range of commercial, financial, and personal advantages that support long-term business operations. 

Key Benefits 

  • 10-Year Renewable Residency – Eliminates short-term renewal cycles. 
  • Full Business Ownership – 100% foreign ownership across mainland and Free Zones. 
  • No Local Sponsorship Requirement – Complete operational independence. 
  • Residency Validity During Extended Travel – Visa remains valid even during absences exceeding six months. 
  • Family Sponsorship – Includes spouse, children (no age limit), and domestic helpers. 
  • Continuity for Dependents – Family members retain residency in case of the primary holder’s death. 
  • Tax and Financial Advantages – Zero personal income tax, competitive corporate tax rates, and full capital repatriation. 

Entrepreneurial Landscape in the UAE 

The UAE consistently ranks among the top countries for entrepreneurship. According to the Global Entrepreneurship Index, it held the number one global position in 2021 and 2022. Small and Medium Enterprises (SMEs) make up 94% of companies in the UAE and contribute over 63% to non-oil GDP. The government aims to support one million SMEs by 2030 through pro-business reforms and funding mechanisms. 

Revised federal laws now permit 100% foreign ownership in most sectors, removing previous constraints tied to local sponsorship. 

Golden Visa Eligibility Criteria for Entrepreneurs 

Entrepreneurs can qualify for the UAE Golden Visa through three defined pathways. Each option targets a specific stage of business maturity and is supported by documentation requirements. 

Pathway  Core Requirement  Supporting Documents 
Innovative Project Own a project valued at AED 500,000+ in tech or innovation Auditor confirmation, incubator letter, and UAE authority endorsement 
SME Ownership Own or partner in a UAE-based SME with AED 1 million+ annual revenue Trade license, audited financial statements, shareholding proof 
Successful Exit Previously exited a startup sold for AED 7 million+ Sale documents, Ministry of Economy approval, ownership verification 

General Requirements for All Applicants 

  • Valid passport 
  • Clean criminal record 
  • UAE-recognized health insurance (self and dependents) 
  • Medical fitness certificate from authorized UAE health centers 
  • Financial stability documentation 

Application Process for the Golden Visa 

Entrepreneurs can apply for the Golden Visa through the Federal Authority for Identity and Citizenship (ICP) or Amer Centres in Dubai. The application process typically includes the following steps: 

  1. Initial Approval 
    Submit the business documents and financials for eligibility screening. 
  1. Endorsement from Recognised Authority 
    Depending on the pathway, obtain approval from an accredited incubator, Ministry of Economy, or local free zone authority. 
  1. Visa Application Submission 
    File the Golden Visa application online or at a service centre. 
  1. Medical and Emirates ID Registration 
    Complete the required medical test and biometric data for Emirates ID. 
  1. Visa Issuance and Residency Activation 
    Upon approval, receive the 10-year visa stamp and Emirates ID. 

Estimated Cost for Golden Visa Application 

Fees may vary based on the applicant’s pathway, business activity, and authority endorsement. The following table outlines a general government fees range: 

Cost Component Estimated Range (AED) 
Government Application & Processing 4,000 – 6,000 
Endorsement Authority Charges 1,500 – 3,000 
Medical Examination & Emirates ID 1,000 – 1,500 

Applicants should confirm the final fee structure with the respective issuing authorities or service providers. Additional costs may apply for dependent visas or business restructuring support, depending on the scope of the application. 

Practical Considerations for Entrepreneurs 

Entrepreneurs should approach the Golden Visa as part of a long-term UAE market entry or expansion strategy. Key factors to consider include: 

Business Structuring 

  • Evaluate mainland vs. Free Zone setup based on market access and tax implications. 
  • Align business license and ownership structure with intended operations. 

Financial and Legal Planning 

  • Maintain accurate financial records and ensure regulatory compliance with corporate tax and VAT. 
  • Secure working capital for 6–12 months to support early-stage operations. 

Fraud Prevention 

  • Only apply through official ICP portals or authorized government centers. 
  • Avoid unverified consultants or false claims of reduced investment requirements. 
  • Cryptocurrency investments are not eligible for Golden Visa qualification. 

Conclusion 

The UAE Golden Visa for entrepreneurs offers long-term residency, full business ownership, and access to one of the world’s most dynamic business environments. By aligning with national growth objectives and maintaining regulatory compliance, entrepreneurs can leverage the program to establish a stable foundation for expansion in the UAE. 

About SimplySolved  

SimplySolved is an ISO 9001, 27001, and 42001 certified Corporate Services Provider supporting local or foreign SMEs, startups, and subsidiaries entering the UAE market. From free zone selection and company formation to visa processing, DET licensing, and compliance, our advisory team ensures complete alignment with UAE commercial laws, governance frameworks, and tax regulations. We operate across multiple lines of business including Company Formation, Finance & Tax (FTA Tax Agents) and HR & Payroll to offer our clients full support from planning to operational support.   

Partner with SimplySolved to build a compliant and reliable foundation for your UAE business and support to manage key Account, Tax and HR/Payroll operations.   

While this guide provides high-level guidance, it is not a substitute for tax or legal advice, and we encourage you to seek advice regarding the specific matters that concern you. If you wish to speak to us, you may contact us directly 

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