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
