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:
- 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.
