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FREQUENTLY ASKED QUESTIONS

Have questions about AB Nexis, starting a business, or operating in the UAE? Explore our FAQs for clear, practical answers to help you move forward with confidence.

When was AB Nexis established?

AB Nexis was founded in 2023 with a clear focus on delivering reliable, compliant, and future-ready business setup solutions in the UAE. Since inception, the firm has been built to support entrepreneurs, startups, and growing businesses with structured guidance and transparency.

Do you support clients in multiple languages?

Yes. AB Nexis works with a diverse, internationally experienced team capable of assisting clients from different regions. Our consultants communicate clearly with global entrepreneurs to ensure smooth coordination throughout the business setup process.

Which jurisdictions does AB Nexis cover?

AB Nexis assists with company formation across UAE mainland jurisdictions and multiple free zones. We also support businesses with structure selection, licensing, compliance, and expansion planning based on the client’s activity and objectives.

What type of businesses does AB Nexis work with?

We support startups, SMEs, solo founders, and established international companies looking to enter or expand within the UAE. Our services are designed to scale with your business, from initial setup to ongoing compliance and restructuring.

How can I contact AB Nexis?

You can reach the AB Nexis team directly through our official contact channels available on our website. Our advisors are available to provide initial guidance and schedule consultations based on your requirements.

Where is AB Nexis based?

AB Nexis operates in the UAE and works closely with relevant authorities, free zones, and regulatory bodies to ensure a seamless company formation and compliance experience for our clients.

What paperwork is needed to renew a trade license?

To renew a UAE trade license, companies must submit a signed application form along with signed terms and conditions and an approved price list. If the business operates from a physical office, a valid lease agreement must be provided. Updated passport and visa copies of the shareholders are also required to ensure regulatory records remain current.

What documents are required for a new UAE visa application?

A new visa application requires a completed and signed visa application form and a passport copy with at least seven months of validity and a minimum of three blank pages. Applicants must provide documents showing their current visa status, if applicable, as well as a copy of the company’s valid license and Establishment or Immigration Card. A signed employment contract is mandatory, and certain roles may require an attested and translated university degree. Recent passport-sized photographs with a white background must also be submitted.

What documents are required for a visa renewal?

Visa renewal applications require a signed renewal form and a passport copy that includes the existing UAE residence visa and meets the minimum validity requirements. Applicants must submit the original medical fitness test report confirming negative results and the Emirates ID renewal registration form. Supporting company documents, including the valid trade license and Establishment or Immigration Card, are required, along with a signed employment contract. Where applicable, an attested and translated university degree and compliant passport photographs must also be provided.

How long does it take to renew a trade license?

Trade license renewals are generally completed within two to seven working days, provided all documents are submitted correctly and no additional approvals or inspections are required by the licensing authority.

How long does it take to process new and renewal visa applications?

New employment visa applications typically take between two and six weeks to complete, while visa renewals are usually processed within five to fifteen working days. These timelines are indicative and may vary due to government security checks or additional regulatory requirements.

How long does it take to process a dependant’s visa?

Dependant visa applications are normally processed within one to three weeks. Processing times may vary depending on document verification, immigration approvals, and individual circumstances.

What documents are required for a dependant’s visa?

A dependant visa application requires a signed residence visa application form along with copies of the sponsor’s valid passport and UAE residence visa. A copy of the dependant’s passport and documents confirming current visa status must be provided. The sponsor’s original Emirates ID, Ejari registration certificate, and tenancy contract or title deed are required, along with an original salary certificate issued by the employer or licensing authority. For spouses, an attested and translated marriage certificate is mandatory, and recent passport-sized photographs of the dependant must be submitted.

How do I change the name of my company?

Changing a company name requires prior approval of the proposed name from the relevant licensing authority. Once approved, a legal notice announcing the name change must be published in a local newspaper. Signed amendment forms must be submitted, and all original company documents must be returned before the updated license can be issued.

How can I sell my company in the UAE?

To sell a company, immigration pre-approval must be obtained for the incoming owner or shareholders. Signed share sale or transfer agreements are required, and all original company documents must be returned. Additional requirements may apply depending on the company’s jurisdiction, activity, and licensing authority.

Can foreign nationals own a mainland company outright?

Full foreign ownership of mainland companies is permitted for many activities, subject to regulatory approval and the nature of the business. Eligibility depends on the licensed activity and the emirate of incorporation. AB Nexis evaluates each case individually to determine whether 100% foreign ownership is achievable under current regulations.

Can a local partner take control of my business?

A local partner can only exercise control if the company is not structured correctly from the outset. With the right legal and operational framework in place, ownership percentages do not automatically translate into management authority. At AB Nexis, we advise on compliant company structures and implement protective mechanisms that allow foreign shareholders to retain full operational and financial control of their business.

What happens if my local partner passes away?

If the local partner is an individual, their shareholding may legally pass to their heirs. In such cases, the successor may choose to maintain the existing arrangement or request changes to the business relationship. To mitigate this risk, AB Nexis supports alternative structuring options that reduce exposure to succession-related disruptions and help preserve continuity of control.

What if I want to change my local partner?

Changing a local partner is possible, but the process and flexibility depend on how the original arrangement was set up. Where structured professionally, transitions can be completed efficiently and without business interruption. If the partnership involves an individual sponsor, exit terms must typically be negotiated directly. AB Nexis provides guidance on partner changes and restructuring to ensure compliance and continuity.

Can a UAE mainland company own property?

A mainland company is permitted to purchase and hold both residential and commercial property in the UAE, subject to the property’s designated ownership zones and relevant authority approvals. Ownership through a company structure can also support long-term asset planning and operational stability.

If my company has a 51% local partner, can I still control the business?

In many cases, yes. Control is determined by governance arrangements, not just shareholding percentages. With properly drafted agreements and an appropriate corporate structure, foreign investors can retain decision-making authority, profit rights, and operational oversight. AB Nexis advises on compliant solutions that safeguard control while meeting local regulatory requirements.

How do I begin the visa application process?

The visa process can start once your establishment or immigration card has been issued. At that stage, your assigned Visa Consultant will take over, explain each step clearly, and advise you on the documents required to proceed without delays.

Can I move my company from one free zone to another?

Currently, a direct transfer of a company from one free zone to another is not permitted in the UAE. However, businesses that wish to expand into a different free zone may do so by setting up a branch of their existing company, subject to approval from the relevant authorities.

What documents are required to open a corporate bank account in the UAE?

Banks in the UAE typically request the original company incorporation documents issued at the time of setup, along with the CVs of shareholders and directors and a brief overview of the business activities. Depending on the bank’s internal compliance policies, additional documentation may also be requested.

Is there a cost involved in opening a UAE bank account?

There is no government fee for opening a corporate bank account if you apply directly with the bank. However, most banks impose minimum balance requirements, which vary by institution. AB Nexis can also assist with bank account setup for businesses that prefer guided support through the process.

How and when can I collect my company documents?

After your trade license is issued, you will receive a confirmation email from the AB Nexis team. You can then arrange a meeting with your Client Services Specialist to collect your original company documents at a time that suits you.

How does trade license renewal work?

License renewals are managed proactively. Your relationship manager will notify you approximately three months before the expiry date and coordinate the renewal process once you confirm. This ensures continuity and helps avoid late penalties or operational disruptions.

What is the procedure for renewing my UAE residence visa?

Visa renewal begins with completing the medical fitness test and submitting the Emirates ID renewal application. Once the medical results are issued, you will need to present your passport with sufficient validity and blank pages, along with any additional required documents. Your Visa Specialist will then manage the remaining steps on your behalf.