What services does High Plan offer?
▼
High Plan specializes in document clearing services,
including business setup, Corporate Bank Account, Golden Visa, PRO services, Visa Processing, Attestation, Translation,
Accounting & Bookkeeping, goAML Registration, and Government Approvals.
Can I own 100% of my business in the UAE as a foreigner?
▼
Yes, many business activities in free zones and a growing number of mainland activities now allow 100% foreign ownership.
We can assess your specific business activity and guide you accordingly.
Do I need a physical office to set up a business?
▼
Most jurisdictions require at least a flexi-desk or virtual office lease.
Some free zones offer packages that include office space. Our team can help secure
cost-effective office solutions that meet compliance.
Do I need to be physically present in the UAE to process my documents or start a company?
▼
Physical presence in the UAE is not mandatory for initiating document processing or company formation, as most
formalities can be managed remotely, and if not, then they can be done through a Power of Attorney (POA).
However, some procedures such as medical examinations and Emirates ID biometric registration, do require your personal presence in the UAE.
Can High Plan assist in opening a corporate bank account?
▼
Yes, we provide end-to-end assistance, including bank introductions, document preparation,
and interview scheduling to help you open a corporate account with top local and international banks.
Which banks in the UAE are best for new businesses?
▼
The choice depends on your business activity, nationality, and expected transaction volume.
We work with major banks and international institutions to match you with the best fit.
What documents are required to open a corporate bank account?
▼
Typically, banks require a trade license, MOA, passport and visa copies of shareholders, proof of address, a business plan, personal bank statement and KYC forms.
We help ensure everything is in order before submission.
How long does it take to open a business bank account in the UAE?
▼
It can take anywhere from 1 to 4 weeks, depending on the bank’s compliance requirements and your business profile.
Our team helps reduce delays by guiding you through each step.
Are there any challenges investors face when opening a bank account in the UAE?
▼
Yes, banks have strict compliance procedures and may reject applications without a clear business plan or activity history.
High Plan ensures your documents and application meet all criteria to improve approval chances.
Who is eligible for the Golden Visa?
▼
Eligibility includes investors, entrepreneurs, specialized talents, researchers in various
fields of science and knowledge, and outstanding students and graduates.
Can family members be included in the Golden Visa?
▼
Yes, Golden Visa holders are eligible to sponsor their family members, including their spouse and children, for a 10-year residency.
Additionally, they may sponsor domestic staff for a residency period of up to 2 years, in accordance with UAE regulations.
What are the benefits of having a Golden Visa?
▼
Benefits include long-term residency, self-sponsorship, ease of travel, and business setup flexibility.
What is the validity period of the Golden Visa?
▼
Golden Visas are typically issued for 10 years, depending on the applicant’s category and qualifications.
How long does it take to process a Golden Visa application?
▼
The processing time for a Golden Visa application can vary based on the applicant’s category and the completeness of the submitted
documentation. ( For example, real estate investors with property investments of AED 2 million or more typically take a processing timeframe of
approximately 7 to 10 working days. )
Can I work in the UAE with a Golden Visa?
▼
Yes. Golden Visa holders are allowed to live and work in the UAE, and may also open their own businesses or take on employment.
When must a business register for both VAT and Corporate Tax?
▼
A business is required to register for Corporate Tax as soon as it obtains its trade license, as this is mandatory.
VAT registration becomes necessary when the business’s taxable turnover exceeds the mandatory threshold (AED 375,000 in the UAE).
VAT registration is also available if the turnover reaches AED 187,500, but optional. Timely registration for both is legally required.
Why should I register my trademark?
▼
Registering your trademark gives you exclusive legal rights to use the mark,
helps prevent others from using it without permission, and adds credibility and value to your brand.
It also offers legal protection in case of infringement.
What happens if I fail to register or report through GoAML?
▼
Failure to comply with GoAML requirements can result in penalties, fines, and possible license suspension by regulatory authorities.
Non-compliance is taken seriously under national AML laws.
How long does the document attestation process take?
▼
The duration depends on the type of document and the country it is intended for.
On average, local attestation can take 1 to 3 working days, while international attestation may take anywhere from 2 weeks to 2 months,
depending on the specific requirements and procedures of the issuing and receiving authorities.
What other registration processes do you assist with?
▼
We assist with a wide range of registration and compliance services to support your business needs. These include:
- Trademark Registration
- Audit & Accounting Services
- Tax Registration (including VAT and Corporate Tax)
- Document Attestation
Our team ensures each process is handled efficiently and professionally, so you can focus on growing your business with peace of mind.