Limited Charge Company Formation Fee

If an offshore company wishes to demeanor trade or other business in the Zone or somewhere else United Arab Emirates, it must obtain the right license to conduct the trade or other business action from the competent authorities such as by forming FZE/FZC or limited charge company in which the offshore company can be a depositor. A director of an offshore company who has straight or indirectly, an interest in a transaction entered into or future to be entered into by the offshore company or by a auxiliary of the offshore company which to a material level conflicts or may conflict with the happiness of the offshore company and of which he is aware, shall reveal to the offshore company the nature and level of his interest. This could be done for each deal or by way of general notice of discovery of interest It shall note lawful for an offshore company to make a advance to any director or to enter into any pledge or provide any security in connection with a loan made to a director without the assent of members holding not less than 90 per cent in titular value of the shares giving a right to attend and vote at any gathering of members. 

Every offshore company shall in each year hold a common meeting in addition to any other meetings in that year but as extensive as an offshore company holds its first general gathering within 18 months of its incorporation, it need not grasp it in the year of its incorporation or in the following year. If a meeting is called by shorter take in it is deemed to have been duly called if it so settled by a majority in number of the members having a accurate to attend and vote at the meeting, being a mass together holding not less than 95 per cent in nominal price of Company Formation in Dubai the shares giving a right to attend and vote at the meeting.