ADDITIONAL CORPORATE SERVICESRe-domiciliation of foreign companies to UAE, UAE Residency Visa/ Permit

Wincore Advisory Group can assist you with Corporate Migration to the UAE and Company Redomiciliation to the UAE. We also assist with Intra Corporate Transfer to UAE and help Company executives and staff to obtain a residency in Dubai through Investor visa and work permits. We assist in getting UAE Residency also, by incorporating a company or purchasing a minimum 1 million AED real estate in Dubai (3 years, 2 years residence permits or 6 months multi entry visas).

We could also introduce you to RERA registered specialized brokers and real estate agents to find your right property in Dubai.

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Residency Visa in Dubai

There are 3 main ways to obtain UAE Residence Visa:

– Granted by the company employing the expatriates (Residence visa of 2 or 3 years).
– By setting up your own company as an investor (Mainland or Free Zone Company).
– By acquiring a property with a worth of at least AED 1 million. (Residence Permit for 3 years or residence visa for 6 months) as investor.

Long-term visa options have been introduced with a five-year visa option and a 10-year gold visa option under specific conditions.

Residency Permits in Other Foreign Jurisdictions

Wincore Advisory Group provide full assistance with Residency Permits in other foreign jurisdictions (e.g. UK, Portugal, Greece, Malta, Dominica, Panama, and Hungary ). These residences will allow clients to obtain local utility bill by renting or purchasing local properties.

Corporate Migration

A corporate migration could be implemented to achieve various targets such as:

  • Gaining substance,
  • Benefiting of UAE pro entrepreneur fiscal and legal environment,
  • Gaining respectability and access to an onshore business market environment.

A Corporate Redomiciliation to the UAE permits a company, an entity, to change the laws under which it is incorporated, or registered, to the laws of another jurisdiction by transferring its domicile, or place of registration, to the new jurisdiction without losing its initial legal identity, current contractual & banking arrangements and history while benefiting of the new jurisdiction’s advantages.

The company will then continue its legal and fiscal existence as a company registered in the new jurisdiction – free zone environment (ADGM and DIFC as a PIC / Holding Company or SPV, DCCA, JAFZA, DMCC…) or mainland – while being removed from the IBC register maintained by the Registrar of its original country of incorporation to benefit of a new taxation regime, benefit of a reputable compliant environment facilitating contractual and banking arrangements, be able to recruit staff and use ultra-modern logistic and infrastructure, access a worldwide market with no initial reputational burden, to gain substance, be eligible to tax residency certificate and avail benefits of more than 85 double tax conventions reducing withholding taxes in onshore income source jurisdictions, transform an offshore IBC entity into an onshore entity following an ownership, fiscal, economic, compliant or strategic restructuring.

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