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.
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