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.
