Dubai
Business, Business in Dubai UAE
The choice is yours to settle a business in
UAE whether in free zone or outside free zone |
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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:
- Leading 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
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