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
This is our slight information
about UAE business. For further questions
and inquiry, please contact UAE Chambeof
Commerce and Industry.
