Branded as a Professional License

There are countless motive why a person might think setting up a company in the UAE. If your customers are based in the UAE It's expected you need to incorporate a Limited charge Company (LLC). An LLC is formed with a smallest of two shareholders, one of whom have got to be a UAE national - who holds at least 51 per cent of the divide equity - and the other a foreign partner, who can hold a highest of 49 per cent. The local partner or support does not have to be caught up in the day-to-day running of the business and income can be distributed as agreed between the associates. If your customers are based in the UAE and you have an offered overseas company you can retain 100 per cent possession by setting up a branch of a foreign body This parent company must have traded for at most two years and the branch group you incorporate must conduct the same industry as its parent and have the same name A local service manager must be appointed and is accountable for acquiring and renewing licenses, visas and so on, but holds no financial attention or equity in the business. If your industry is that of a profession or service an option obtainable is a sole proprietorship, which is also branded as a professional license.

With this authorize 100 per cent foreign ownership is acceptable but a local service agent has to be chosen If your customers are based merely in free zones in the Emirates Its possible to catalog a company in a free zone as one of the following: a Free Zone organization which has one natural or corporate owner; a Free Zone corporation which has two or more owners; or a branch of a overseas company. In all three options, the company must lease building or land within the Offshore Company Formation Dubai which is typically the most expensive component of the registration progression All three options allow for 100 per cent foreign ownership.