Dubai
Business - United Arab Emirates
You have the
choice to settle a business in UAE whether in free zone
or outside free zone.
FREE
ZONE BUSINESS
The easiest
way to settle down business in UAE is to use free zone facilities.
In that way all procedures from the very early beginning
till establishing the company will take about 24 hours.
The foreigner will posses 100% ownership. But please be
advised that not all kind of companies can be established
in free zones. At the moment we have for free zones: two
are located in Dubai, one is in AbuDhabi and the last one
in Sharjah. Some new free zones are under construction in
the rest of The UAE.
OUTSIDE
FREE ZONE BUSINESS
To settle business
in UAE outside free zones it is also very easy, but you
have to find local national agent for partnership. The most
popular kind of company you can establish is Limited Liability
Capital Company (LLC). Under this kind of partnership the
local will be 51% share holder and foreigner will be 49%
share holder.
Documents
required to establish LLC business:
- Application Form
- Leasing Contract
- Passport copy of each
partner
- ID local
- Registration Certificate
from The Ministry of Chamber, Commerce and Industry
- Company Establishment
Contract (board of directors)
- Power of Attorney attested
and translated
- Local Agent Contract
- Mother Company Registration
Certificate
This is our slight information about UAE business. For
further questions and inquiry, please contact UAE Chamber
of Commerce and Industry
|
