Virtual Company License10-10-2019
UAE remains to be a pioneer in innovation - with the introduction of Virtual Company License being the latest.
The Virtual Company License is the first type of business license to be granted without a residence visa in Dubai. Virtual companies can operate in specific professional activity zones such as printing and advertising, computer programming, consultancy-related services, and design activities.
Although a virtual license does not automatically guarantee a bank account in the UAE, leaving this to the discretion of banks, it can facilitate access to account opening processes.
How TLG can help
TLG’s Corporate & Commercial Division would be pleased to assist you with applying for and obtaining a Virtual Company License as well as advise on the opening of a business bank account for such licenses.
Should you have any questions and/or queries, please feel free to contact TLG’s Corporate & Commercial Division for further information and any assistance you may require. To receive regular updates on key legal matters and issues, subscribe to us on www.tlg.ae.