Welf Solutions

WELF Solutions

Your Trusted Partner for Seamless UAE Setup

We offer seamless financial, business, and residency solutions for entrepreneurs and investors, from company setup to banking, residency, and tax optimisation.

Book a Private Consultation

Service Overview

Strategic Solutions for Your Wealth & Business

Wealth & Asset Protection

Preserve and grow your wealth with foundations, trusts, and holding companies. Our solutions offer asset protection, succession planning, and long-term financial security.

Asset Protection

Preserve and protect your legacy with confidence.

Holding Companies

Optimise investment management and asset consolidation.

Family Offices

Wealth management solutions tailored for SFOs and MFOs.

Golden Visa & Residency Services

Secure long-term UAE residency effortlessly. We handle the entire process, from eligibility assessment to documentation and approvals, ensuring a smooth and hassle-free experience.

Investors

Residency through AED 2M public or real estate investment.

Entrepreneurs

Residency for founders of innovative businesses.

Elite Specialists

Residency for executives, doctors, scientists, and creatives.

Tax Advisory & Wealth Optimisation

Maximize tax efficiency with expert guidance on UAE corporate tax, VAT, and personal wealth structuring. We help you stay compliant and optimise your financial strategy.

Corporate Tax Planning

Ensure compliance while optimising tax liabilities.

VAT Registration & Compliance

Simplify tax reporting and avoid penalties.

International Tax Structuring

Cross-border tax strategies for global businesses.

Company Formation & Business Structuring

Set up your business with ease—whether in a free zone, mainland, or offshore. Our specialists guide you through the best legal and financial structure to suit your needs.

Mainland Company Formation

Full access to the UAE market and government contracts.

Free Zone Company Formation

Enjoy 100% foreign ownership, tax benefits, and simplified operations.

Offshore Company Formation

Best suited for international asset protection and tax optimisation.

Concierge & Corporate Support

From bank account opening to business licensing and governance, we take care of the formalities, allowing you to focus on your investments and growth.

Corporate Banking

Open business accounts with top-tier UAE and international banks.

Private Banking

Exclusive solutions for private wealth holders and elite investors.

Account Setup Assistance

Expert guidance for smooth documentation and compliance.

FAQ

Frequently asked questions

Why is Dubai an ideal destination for business setup?

Dubai is a global business hub offering numerous advantages, including:

Tax Efficiency: No personal income tax and competitive corporate tax rates.
Strategic Location: A gateway to markets across the Middle East, Africa, and Asia.
100% Foreign Ownership: Available in Free Zones and for certain Mainland companies.
Ease of Doing Business: Business-friendly regulations and streamlined setup processes.
Stable Economy: Strong governance and investor-friendly policies.
World-Class Infrastructure: State-of-the-art transport, logistics, and digital connectivity.
High Quality of Life: A secure, cosmopolitan environment with excellent living standards.

What are the key steps to setting up a company in Dubai?

The process varies based on the type of entity but typically involves:

Business Activity Selection: Determine your industry and licensing requirements.
Legal Structure Decision: Choose between Mainland, Free Zone, or Offshore.
Trade Name Approval: Register a compliant business name.
License Application: Obtain a commercial, professional, or industrial license.
Documentation Submission: Provide passport copies, business plans, and approvals.
Office Space Acquisition: Lease a physical or virtual office, depending on the structure.
Corporate Bank Account Opening: Set up financial services for business transactions.
Visa & Immigration Processing: Secure residency for owners, employees, and dependents.
Compliance & Registration: Complete UAE tax and regulatory requirements.

How do I choose the best location for my business in Dubai?

Your business location should align with:

Business Activity: Free Zones are ideal for specific industries, while Mainland offers broader access.
Target Market: Businesses trading locally may prefer a Mainland license.
Logistics & Operations: Proximity to ports, airports, or business hubs can be crucial.
Cost Considerations: Rental and licensing fees vary by jurisdiction.

For personalized recommendations, our experts can analyze your business needs.

What is the difference between Mainland, Free Zone, and Offshore companies?

Mainland Company

Up to 100% foreign ownership (sector-dependent)
Access to both UAE and international markets
Subject to 9% corporate tax if revenue exceeds AED 375,000
Mandatory physical office required
Higher regulatory compliance

Free Zone Company

100% foreign ownership
Limited to Free Zone and international trade (no direct UAE mainland business)
0% corporate tax if compliant with Free Zone regulations
Flexible office requirements (physical or virtual)
Medium regulatory compliance

Offshore Company

100% foreign ownership
International business only (not allowed to operate within the UAE)
0% corporate tax
No office requirement

What types of business licenses are available in Dubai?

Dubai offers three primary business licenses:

Commercial License: For trading, retail, and general business activities.
Professional License: For service-based businesses such as consulting, legal, and accounting firms.
Industrial License: For manufacturing and production businesses.

Specific Free Zones may offer specialized licenses tailored to industry needs.

How long does it take to set up a company in the UAE?

The timeline depends on the business structure:

Mainland: 5-20 working days
Free Zone: 5-14 working days
Offshore: 10-28 working days

Processing times can vary based on approvals, due diligence, and additional licensing requirements.

Do I need a physical office to start a business in Dubai?

Mainland companies require a physical office.
Free Zone companies often offer flexible workspace options, including virtual offices.
Offshore companies do not require office space in the UAE.

Choosing the right setup depends on your business model and operational needs.

What are the legal and regulatory requirements for setting up a business?

Business Licensing: Obtain the correct license based on your activities.
Ultimate Beneficial Owner (UBO) Registration: Required for transparency and compliance.
KYC & AML Compliance: Businesses must meet UAE financial regulations.
Visa & Immigration Compliance: Adhere to UAE residency and employment laws.
Tax Registration: Register for UAE Corporate Tax and VAT, if applicable.

Non-compliance may result in penalties, so professional assistance is recommended.

What are the advantages of the UAE Golden Visa?

The Golden Visa provides long-term residency (5 or 10 years) and benefits such as:

100% Business Ownership (without local sponsorship).
Residency Without an Employer (for investors, entrepreneurs, and skilled professionals).
Family Sponsorship (including spouse, children, and domestic staff).
Multiple Entry & Exit Flexibility without affecting residency status.

Eligibility varies for investors, entrepreneurs, and high-net-worth individuals.

How long does it take to obtain a UAE Golden Visa?

Processing times typically range from 3 to 6 weeks, depending on:

Investment type (real estate, business, or skilled profession).
Required documentation and approvals.
Background checks and financial due diligence.

Tax efficiency depends on the business structure and residency status.

What are the tax benefits of setting up a business in the UAE?

The UAE provides a highly favorable tax environment, including:

0% Personal Income Tax
0% Capital Gains & Inheritance Tax
9% Corporate Tax (for businesses earning over AED 375,000)
Free Zone Tax Exemptions (if compliant)
No Withholding Tax on Dividends

Tax efficiency depends on the business structure and residency status.

Can I open a UAE bank account remotely?

Most UAE banks require in-person verification, but some allow remote account opening for:

Golden Visa Holders & UAE Residents
Corporate Entities with Strong Financial Profiles
High-Net-Worth Individuals (HNWIs)

Approval depends on business activity, compliance, and source of funds.

Show less

Get in touch

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form.