If we are unable to travel to the UAE during the current epidemic, will there be any impact on registered companies?

2023-05-03

For offshore companies, the incorporator does not need to travel to the UAE to sign the form, and the entire registration process can be completed online, which is very efficient; for free zone companies, the entire registration process can be done remotely, and shareholders, directors and managers do not need to travel to the UAE in person; for MOF companies, individual shareholders need to be present in the UAE during the registration period, and for corporate shareholders, managers need to travel to the UAE in person, or If the company is a shareholder, the manager needs to go to the UAE in person or authorize someone else to go to the UAE through a Power of Attorney (POA) to handle the registration, but the bank account opening stage can only be handled by the manager in person in the UAE, the bank does not accept the authorized person to do it for him.

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