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
