In today’s digital era, the concept of a virtual company has surged in popularity. But what exactly is it? A virtual company operates primarily online, eliminating the need for a physical office. To establish one, you’ll require a Dubai virtual company license.
This setup enables you to run your business from anywhere globally, needing only a laptop and internet connectivity.
Why should you contemplate launching a virtual company in Dubai? The city serves as a bustling business center, offering myriad benefits for virtual entrepreneurs.
With its prime location, business-friendly policies, and robust infrastructure, Dubai presents a plethora of advantages. From favorable tax regimes to access to global markets, initiating a virtual company here can unlock vast opportunities.
To kickstart your virtual venture in Dubai, securing a virtual company license is imperative. This enables investors to establish and operate businesses virtually, sans the need for physical relocation. The license facilitates various activities such as electronic document submission and signing, all legally recognized within Dubai.
What is A Virtual Company License
The Virtual Company License, also known as the Virtual Commercial License, is a recent initiative allowing international entrepreneurs to establish a business in Dubai digitally, without the need for residency in the city. This new license is available to foreign businesses from over 101 countries and encompasses key sectors such as creative industries, technology, and services.
The introduction of the Dubai Virtual Company License is aligned with the vision outlined in the third Article of His Highness Sheikh Mohammed’s 50-Year Charter, aiming to create a Virtual Commercial City in Dubai.
Benefits of Virtual Company License in Dubai
Setting up a virtual company in Dubai offers numerous benefits, attracting entrepreneurs and businesses seeking to establish a presence in the city. Here are some key advantages of obtaining a Dubai virtual company license:
1. Cost-Effectiveness and Reduced Administrative Burdens
A Dubai virtual company license offers a cost-effective way to establish a business in the Emirates. There are no minimum capital requirements, and the annual license fee is relatively low. Additionally, you can operate your business remotely without the need to rent or lease office space, reducing administrative burdens.
2. Global Market Reach
Dubai’s strategic location at the intersection of Europe, Asia, and Africa provides access to a global market. With a virtual company license, you can reach clients and customers worldwide, leveraging Dubai’s connectivity and business-friendly environment.
3. Simplified Setup Process
Obtaining a virtual company license in Dubai is streamlined and efficient, with straightforward procedures and documentation requirements. With the right guidance, you can establish your business quickly and easily.
4. Tax Advantages
Dubai offers tax benefits, including zero personal income tax in many free zones. This can lead to significant savings and increased profitability for your virtual business.
5. Visa Options
Virtual company license holders are eligible to apply for various types of visas, including business visas, residency visas, and investor visas. This provides flexibility for living and working in Dubai, if desired, facilitating business operations and expansion.
6. Flexibility and Scalability
A virtual company license offers flexibility and scalability, allowing you to adapt your business according to changing needs. You can easily adjust your operations, add or remove services, and scale your business without the constraints of traditional office spaces.
Criteria to Start a Virtual Company in Dubai
To start virtual companies in Dubai, certain criteria must be met. Firstly, applicants for the Virtual Company License must not be residents of the UAE. Additionally, owners of virtual companies in Dubai must be nationals or tax residents of any of the 101 approved countries. These countries include India, Pakistan, Saudi Arabia, United States, Canada, Russia, China, Japan, etc. (Refer to the official website of VCC for the complete list of approved countries).
Moreover, only business activities from pre-defined sectors are eligible to set up a virtual business in Dubai. These sectors include service activities related to printing and advertising, computer programming, consultancy, and design activities in fields like fashion, jewelry, interiors, and others.
Furthermore, virtual company owners in Dubai must comply with corporate, individual income, and social taxation laws of their home country. Additionally, if the virtual company’s revenue within the UAE exceeds $100k per year, they will be subject to the 5% Value Added Tax (VAT) in the UAE. This requires registration with the UAE’s Federal Tax Authority.
It’s important to note that a Dubai Virtual Company License does not automatically grant physical access to the UAE through business/visitor/resident visas for company members. Similarly, opening a business bank account in the UAE is subject to the discretion of commercial banks.
Step-by-Step Process of Initiating a Virtual Company in Dubai
Starting a virtual company in Dubai involves a straightforward step-by-step process that adheres to legal and administrative requirements. Here’s a guide:
Step 1: Choose a unique business name and activity relevant to your business. Check name availability on the Dubai Department of Economic Development (DED) website.
Step 2: Select a legal structure, commonly an LLC, for your virtual company.
Step 3: Apply for a Dubai virtual company license online through the DED website. The license is part of the Dubai Virtual Commercial City (VCC) program, aimed at attracting foreign investment and supporting entrepreneurs.
Step 4: Open a business bank account in Dubai using your virtual company license and required documentation.
Step 5: Engage a local service agent registered in Dubai to provide a business address, mandatory for all virtual companies. Consider shared office spaces or business centers in free zones for a physical presence.
Step 6: Launch your virtual business in Dubai, ensuring compliance with all legal and administrative requirements. Begin marketing your services and engaging with clients and partners.
Virtual License Cost in Dubai
The estimated cost of obtaining a virtual company license in Dubai starts at AED 12,500, making it a highly affordable option compared to setting up a traditional business. For a precise cost breakdown and more detailed information, consult with a business setup expert like Unicorn Global Solutions Business Setup.
Start Your Dubai Virtual Company Today with Unicorn Global Solutions
Virtual company registration in Dubai is an exciting opportunity for aspiring business owners. The ability to turn a profit without the need for significant capital investment is a dream come true for entrepreneurs.
To make your journey even smoother, Unicorn Global Solutions Business Setup is here to assist you every step of the way. From company registration to office space solutions and PRO services, Unicorn Global Solutions provides one-stop solutions to guide you through the complexities of establishing your business in Dubai. So, don’t hesitate to reach out to us at Unicorn Global Solutions Business Setup.
With the vast opportunities and resources that this city offers, the sky is the limit for your business growth. Text us on WhatsApp or call us today.

How Unicorn Global Solutions can Help
Unicorn Global Solutions offers comprehensive support for gaming companies aiming to establish a presence in the UAE, encompassing business setup, compliance, and tax processes. With their specialized expertise, Unicorn Global Solutions guides companies through the intricacies of setting up their business entity in compliance with UAE regulations, facilitating the acquisition of necessary permits and licenses.
Moreover, they provide tailored assistance in navigating the complex landscape of regulatory compliance and tax obligations specific to the gaming industry. By partnering with Unicorn Global Solutions, gaming companies can streamline their entry into the UAE market, ensuring regulatory adherence, mitigating risks, and optimizing their operations for sustainable growth and success. Text us on WhatsApp or call us today.