Interesting facts:
Full versionWhen planning a holiday in the UAE, we anticipate a real oriental tale with entertainment and positive emotions in abundance. Most people do not even think that unexpected events may happen in the course of travelling. However, as they say, it is better to keep yourself on the safe side, so when planning a trip to the Emirates, make sure that you obtain proper insurance.
The UAE has a mandatory health insurance system for residents. For tourists, the availability of health insurance is determined by the requirements of the airline, tour operator, or entry requirements established at the time of travel. For residents (including founders of mainland companies and companies in free zones), obtaining health insurance is a mandatory requirement for obtaining and renewing a residence visa.
Health insurance terms in the UAE depend on the chosen insurance company and the insured person's status (tourist or resident). For residents, including company founders, insurance policies must meet the minimum requirements of the emirate (e.g., DHA in Dubai or DoH in Abu Dhabi).
Clarify the cost of opening company, corporate or personal bank account, obtaining a residence visa, or another question regarding business in Dubai, UAE:
You can purchase travel medical insurance for the UAE through the insurance company or travel agency where you purchased your trip. If an event covered by your insurance occurs, you should immediately contact the insurance company's representative office in the Emirates, whose phone number is listed on your policy. Insurance company operators typically speak Russian, so explaining the situation should be straightforward. Provide the operator with your location, personal information, phone number, and a detailed description of the situation – they will explain your next steps.
Travel cancellation insurance terms are determined by your contract with the insurance company. In the UAE, tourist visas are issued through visa centers, airlines, or immigration authorities, not through embassies in the traditional sense. Refunds depend on the policies of the insurer and tour operator.
The decision to issue a UAE visa is made by immigration authorities on a case-by-case basis. Requirements may depend on the applicant's citizenship and current immigration policy. Gender restrictions are not officially enshrined in law.
Insurance issues are an essential component of corporate compliance when registering a company in the UAE, be it mainland or free zone, or closer-related aspects such as licensing, residency visa applications and regulators.
Company founders receiving an investor or partner residence visa, as well as company employees, are required to obtain medical insurance. Having a valid insurance policy is a prerequisite for obtaining and renewing a residence visa and Emirates ID.
In some emirates (e.g., Dubai and Abu Dhabi), there are minimum insurance coverage requirements set by local health authorities. Employers are required to provide employees with medical insurance in accordance with the requirements of the emirate in which the company is registered. Failure to have a valid policy may result in fines and complications with visa renewals.
Companies in the UAE are required to comply with labor laws, including regulations on workers' compensation for work-related injuries and diseases. Depending on the type of activity and regulatory requirements, employer's liability insurance may be required to cover personnel-related risks.
For companies engaged in professional activities—consulting, legal services, auditing, medical services, educational activities, architectural and engineering design, and other regulated activities—professional liability insurance may be a requirement for obtaining or renewing a license. The amount of coverage is determined by the requirements of the licensing authority or free zone.
When leasing an office, warehouse, or commercial space, the landlord often requires public liability insurance, which covers damage to third parties, as well as insurance for the company's property. This is especially relevant for companies that work with clients offline or use equipment.
If a company owns vehicles, vehicle insurance is mandatory under UAE law. Operating a vehicle without a valid insurance policy is prohibited and subject to fines.
Therefore, insurance when registering a business in the UAE is not a formality, but rather part of a mandatory regulatory system. Properly issued insurance policies impact the receipt of residence visas, compliance with labor laws, compliance with licensing requirements, and overall company compliance with current corporate regulations in mainland and free zone jurisdictions. Our specialists will provide you with all the necessary support in this matter.
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