Before setting up your company in Dubai, you should be familiar with the categories of company incorporation in the Emirates. For each type of company, there are requirements that must be complied with. That is why it is important to always start this process with expert business advisors. At MOVE&SAVE we know all the requirements and we will advise you in the best way so that you can choose the type of company that suits you best.
Even so, we summarize below the main categories of companies in Dubai:
General Partnership:
They must be formed by two or more partners. The partners must be Emirati nationals and will be equally liable for the debts of the company.
Limited Liability Company:
The limited liability company is the most common type of company formation in Dubai. These companies can be incorporated in mainland Dubai. An LLC license allows you full operating rights within the UAE. To establish an LLC, you must have physical offices in the country. Foreign owners cannot own more than 49% of the shares of an LLC.
Free Zone Companies (FZC and FZE):
There are two main types of companies in Dubai free zones:
Free Zone Companies
Free Zone Establishments. Both types of companies can be opened in any of the allocated free trade zones. FZCs and FZEs are very similar to one another. Both permit 100% foreign ownership and allow a license to do business in the Emirates. The only difference is that FZEs can only have one shareholder.
Branch:
These establishments can include branches of foreign organizations operating under the same name in Dubai. Branches of free zone companies, GCC companies and civilian companies also fall into the same category.
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