You can form different types of companies in UAE, each with its own benefits and limitations. Before you set up your business in Dubai, you need to be aware of the legal provisions for each type of business and select the category that best suits your interests. Shuraa Business Setup helps you with company formation in UAE across all these categories.
This type of business is owned and operated by an individual, who will get all the profits and will be solely responsible to service all the debts. Only UAE or GCC nationals can own a commercial or industrial type sole proprietorship. Read more about sole proprietorship in Dubai UAE.
This type of business involves several professionals, of any nationality, from the fields of medicine, law, engineering or accountancy. Foreign nationals will require a local service agent, if there is no UAE or GCC national as a partner. For consultancy activities, foreign nationals can have 100% ownership, but for engineering activities, a local UAE sponsor is required. Read more about UAE Civil Company in Dubai.
Limited Liability Company
This type of business can have two to 50 shareholders. An LLC can indulge in only industrial and commercial activities, with the exception that banking and insurance companies can also form an LLC. Such companies need a UAE sponsor. Read more about Limited Liability Company in Dubai UAE.
Partnership Company: This type of business has two or more partners, who can be either general partners or limited partners. UAE nationals will be general partners and foreign nationals will be limited partners. Read more about Partnership Company in Dubai UAE.
Private Shareholding Company
This type of business can be set up by less than three people, where the majority are UAE nationals. The company needs to have a minimum share capital of AED 2 million. Read more about Private Shareholding Company in Dubai UAE.
Public Shareholding Company
The capital of this type of business is divided into equal shares, so is the liability. There must be at least 10 founding members, a majority of them should be UAE nationals. This company requires a minimum capital of AED 10 million and the founding members must subscribe to a minimum of 20-40% of the share capital. Speak to a consultant to understand and easy complexities of Public Shareholding Company in Dubai UAE.
Free zone Company
In this type of business, foreign investors are allowed 100% ownership of their companies and they can avail of tax and import duty exemptions. These companies function out of designated free zone areas in UAE and cannot trade within UAE. Read more about Free zone Company in Dubai UAE.
In this type of company, partners share the profit and losses on projects. UAE national will have a larger share, but there is no need to get the agreement notarised. Read more about Joint Venture in Dubai UAE.
Branch of a Foreign Company
This type of business will be a branch of the foreign company, which will have 100% ownership. Import of goods for this company can only be done through a local trading firm. Read more about Branch of a Foreign Company in Dubai UAE.
This type of business can only promote and market its parent company’s products and must appoint a local service agent. Read more about
Representative Office in Dubai UAE.
Branch of a Dubai-based Company
This type of business must undertake any one or all activities included in the main company license. Read more about Branch of a Dubai-based Company in Dubai UAE.
Branch of a UAE-based Company
This type of business must undertake any one or all activities included in the main company license. Read more about Branch of a UAE-based Company in Dubai UAE.
Branch of Free zone Company
If you are a free zone company, you can expand your operations to Dubai mainland by getting a branch licenses from economic development department. You will need a local UAE sponsor or a local service agent for this type of business. Read more about Branch of Free zone Company in Dubai UAE.
Branch of a GCC-based Company
This type of business must undertake any one or all activities included in the main company license. Read more about Branch of a GCC-based Company in Dubai UAE.
To learn various other structures of business setup and company formation in Dubai and across the UAE. Book a free consultation with Shuraa now! Call us on +97144081900 Whats App +971 507775554 or email us on email@example.com.