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
