FREE EXPERT CONSULTATION

MAINLAND COMPANY FORMATION

IN UAE
CLEVERCORP BUSINESS SETUP ADVISORS

+971-58-6412031

https://theclevercorp.com
 MAINLAND BUSINESS SETUP
IN DUBAI

 The advanced business environment and the developed economy

of UAE provides a great place for the business aspirants

 It helps them to grow themselves and put in their part of

contribution to the growth of the economy

 It is utmost important to know the rules, regulations and

the legal frame of Company setup in Dubai
 BENEFITS OF
MAINLAND BUSINESS SETUP

 State of art infrastructure in all the aspects

 Reliable and approachable legal frame work

 Top international exhibitions and conference venues

 Economical workforce and simple recruitment procedures

 Reliable power, utility services

 World-class hotels, hospitals, schools, shops and Cosmopolitan lifestyle

 BENEFITS OF
MAINLAND BUSINESS SETUP

 Flexibility of conducting business in the Local as well as International Markets

 No Limitations on the Visas

 Freedom to choose and office anywhere in the mainland of designated jurisdiction

 No limitation on the size requirements of the office

 Simple and seamless procedures

 MAINLAND BUSINESS SETUP
IN DUBAI

 LIMITED LIABILITY COMPANY (LLC)

 PROFESSIONAL COMPANY

 BRANCH OF FOREIGN COMPANY

 REPRESENTATIVE OFFICE

 ESTABLISHMENT BY GCC NATIONAL

 LIMITED LIABILITY COMPANY
(LLC)
 A Limited Liability Company (LLC) is the one of the major legal types of the business in UAE

 Having an LLC company in Dubai requires a minimum of two and a maximum of 50 shareholders

 UAE national must own 51% of the shares in the company and
the expat investor owns the remaining 49% of the shares

 The minimum required capital for an LLC company setup is AED 300,000

 It can be tailored to increase it as per the requirement of the investor

 Appointment of a managing director becomes a mandate requirement

 Shares of LLC are neither open for public subscription nor can they be issued as negotiable
 ESSENTIAL FEATURES OF
LIMITED LIABILITY COMPANY
 All commercial activities can setup an LLC company in Dubai

 In order to have their physical presence in other emirates, branches of LLC

can be incorporated

 The profit and loss and the shares in the company can be protected by a
side agreement between the shareholders signed by two witnesses

 Easy process on the day to day operations and better banking facilities

 Viable options on the office facilities by the economic department

 Trading in within the local market and the international markets could be done by
registering for the import/export code
 PROFESSIONAL COMPANY

 A professional company is a skill based business which stalks from the knowledge
and the efforts of the owner

 These licenses or the activities rely on the qualifications and the experience of the owner

 These qualification certificates are attested and produced to the authorities to validate
and issue the right license

 A professional License in Dubai, UAE can be 100% owned by an expat business owner
a sole owner called as a sole establishment company

 It can also be owned as a partnership firm called as a Civil company

 The economic department even allows a professional company to have a

Limited Liability company as a legal structure
 ESSENTIAL FEATURES OF
PROFESSIONAL COMPANY

 100% ownership by the expat shareholders

 A UAE National shareholder would remain as a Local service agent with a

fixed annual remuneration

 No minimum capital required

 Relevant qualification and experience certificates are mandate

 Viable options on the office facilities by the economic department

 Examples of professional companies are:

Management consultancy, Accounting and Audit services, Educational services etc
 BRANCH OF A FOREIGN COMPANY

 The company Law, in article (313) has a provision for a foreign company to
operate its activities in UAE by incorporating a branch company

 A branch of a foreign company can legally conduct its business in the local market
and can directly indulge in business activities

 Need to set up a branch license through an approval from the Ministry of Economy
and the economic development

 Licenses to conduct business may not start their operations

before being inscribed in the Ministry’s register for foreign services
 BRANCH OF A FOREIGN COMPANY

 Similar to the professional company a UAE National local service agent would be appointed

 The service agent is paid a fixed annual remuneration fee against the services rendered by him

 The branch of a foreign company would be required to provide a bank guarantee

of AED 50,000

 It is done in favor of the Ministry of economy as a part of the licensing procedure

 Our expert advisors at Clever Corp would help in understanding your requirements
and advise you the right path
 ESTABLISHMENT BY GCC NATIONAL

 On June 7, 1981, the states of the Gulf Cooperation Council (the UAE, Saudi Arabia
Sultanate of Oman, Qatar, Kuwait and Bahrain) signed the United Economic Agreement in Riyadh

 This agreement has specified key points on forming a GCC company in Dubai,
other parts of the UAE and other states under the GCC
 ESSENTIAL FEATUES OF
ESTABLISHMENT BY GCC NATIONAL

 GCC Nationals can register their company either as a sole establishment or as a civil or as an LLC

 A GCC wishes to setup a business having a non GCC National as a shareholder

 The UAE National Partner or the Agent’s requirement would become mandate
depending on the type of the legal type opted

 GCC companies fully owned by GCC Nationals can have a branch company established
without having the Ministry of Economy approval

 Our expert advisors at Clever Corp would help in understanding your requirements
and advise you the right Business Setup
 REACH US @
Office No 1911,
Grosvenor Business Tower , Dubai Internet City,
Barsha heights , Dubai, UAE
PO BOX – 32182
+971-4-5804048

+971-58-6412031

info@theclevercorp.com

https://theclevercorp.com
THANK YOU FOR WATCHING