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Is Company Insurance Mandatory for Starting a Business in Dubai
When starting a business in Dubai, many entrepreneurs wonder if company insurance is required. The straightforward answer is no—company insurance is not mandatory when you set up your business. However, there’s one important form of insurance you can’t overlook: health insurance.
Health Insurance is a Must for UAE Visas
Although company insurance isn’t a legal requirement, health insurance is mandatory if you’re applying for UAE residence visas under your business license. Whether you’re hiring employees or applying for your own visa, health insurance must be in place before the visa is issued. This applies to both mainland and free zone companies. If you’re sponsoring employees, it’s your responsibility to ensure they have coverage.
If you are setting up your business under an investor visa or in certain free zones, the health insurance rules may vary slightly. But in general, having health insurance for employees is a key part of the visa application process.
Other Types of Insurance You Might Consider
While health insurance is the only mandatory type, other insurances could be helpful depending on your business activities. For example, liability insurance, property insurance, or professional indemnity insurance can protect your business from unforeseen issues. These are not required by law, but they can safeguard your business from potential risks.
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How Can Choose UAE Help
At Choose UAE, we can help you every step of the way in starting your business in Dubai. From choosing the right type of license to navigating the process of obtaining UAE residence visas, we’ve got you covered. Whether you’re setting up in a free zone or mainland, we can make the process easier and quicker, so you can focus on growing your business.
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