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.
