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.
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