Question 1

Is there personal income tax in the UAE?

Accepted Answer

No. The UAE levies zero personal income tax on individuals. Corporate tax of 9% applies to business profits above AED 375,000; qualifying free-zone income may remain at 0%. Nomadic Go does not provide tax advice — consult a qualified professional.

Question 2

Can a foreigner own 100% of a UAE company?

Accepted Answer

Yes, in UAE free zones foreign nationals can own 100% of their company without a local sponsor. Some mainland company structures now also permit 100% foreign ownership depending on the business activity.

Question 3

How do I get a UAE residence visa through my company?

Accepted Answer

Free-zone company owners are generally eligible for a UAE investor/partner residence visa through their free zone authority. Nomadic Go handles the formation and visa application process as part of our UAE company formation service.

Question 4

Which UAE free zone is best for my business?

Accepted Answer

It depends on your business activity. IFZA and RAKEZ suit most digital and consulting businesses; DMCC is preferred for commodities and trading; Meydan suits event and hospitality businesses; ADGM is favoured by financial services. Nomadic Go can help you select the right free zone.

Question 5

Can I open a personal bank account in the UAE?

Accepted Answer

Yes. The UAE has world-class banking infrastructure. Non-residents and new residents can open accounts at major banks, though KYC requirements are thorough. Nomadic Go provides personal banking assistance in the UAE.

Question 6

Which nationalities are accepted for UAE free zone company formation?

Accepted Answer

UAE free zones including IFZA, RAKEZ, and Meydan accept applicants from virtually all nationalities — including Russian, Belarusian, CIS, Chinese, Indian, Pakistani, and most African and Middle Eastern nationals. The UAE does not restrict free zone company formation or investor/partner residence visas based on nationality, with the exception of nationals of OFAC-comprehensively sanctioned countries (currently Iran, North Korea, Cuba, and Syria). If you are uncertain whether your nationality qualifies, contact our support team before purchasing.

Services in UAE

Visas & Residency

Banking Support

Company Formation

Solution Bundles

Nomadic Go+ membership