UAE company formation engagement timelines
The average engagement period for setting up business in a UAE free zone is 17 weeks as outlined in the table below:
Service | Mainland | Free Zone | Offshore (except JAFZA) | JAFZA offshore |
---|---|---|---|---|
Engagement planning | 1 week | 1 week | 1 week | 1 week |
Company incorporation | 5 weeks | 6 weeks | 2 weeks | 4 weeks |
Corporate bank account approval | 8 weeks | 8 weeks | 12 weeks | 8 weeks |
Corporate internet banking approval | 1 week | 1 week | 1 week | 1 week |
Engagement completion | 1 week | 1 week | 1 week | 1 week |
Total engagement period | 16 weeks | 17 weeks | 17 weeks | 15 weeks |