TYPES OF DUBAI MAINLAND COMPANY STRUCTURES
STRATEGY
A Limited Liability Company (LLC) is a business structure which is commercial in nature with multiple shareholders The LLC company’s name in Dubai should be the same as its activity.
An LLC is the easiest way to set up a new company in DUBAI for expatriate residents and foreigners.
As per new company law implemented from 1st June 2021, there is no more requirement of UAE national to hold the 51 % share of the LLC Company, now investors can own 100% share of a mainland trading company in UAE.
PRODUCTION
A Sole Establishment is a legal entity allows 100% ownership, exclusively owned by one single individual, who is personally liable without limit to the full extent of his assets for the liabilities of the entity.
This type of establishment can conduct professional activities in Dubai mainland where it is registered. However, a UAE National Local Service Agent is normally required.
An agent will not be allowed to hold a stake in your business. His role is simply to coordinate with government departments and provide assistance.
DESIGN
A Civil Company is an established Business with Multiple partners to provide professional services with a minimum of two shareholders who hold professional qualifications in their respective fields of specialization Such as doctors, lawyers, engineers, accountants, and consultants.
It allows 100% ownership and offers access to the local market and entails unlimited liability.
A civil company also require a UAE National Local Service Agent.
CAMPAIGNS
The ownership of the branch belongs 100% to the parent company
Each branch may undertake one or all the activities included in the main business license.
The name of the branch should also be registered similar to the parent company or exactly the same.
Representative Office mainly act as a channel of communication between the principal place of business or Head Office but which does not undertake any commercial /trading/ industrial activity, directly or indirectly.
Are you looking for a startup of your business?
Initial approval application
Trade name Reservation
Preparation of Memorandum of association and service agent agreements
Notary signings
Regulatory approvals
DED voucher issuance
Trade license issuance
Labour and Immigration card submissions
Our team will provide assistance with license external approvals, work permit, visa applications and labor.
Become a part of Corporate World
Be part of Corporate World vibrant start-up community. Connect with aspiring founders, CEOs, freelancers and digital nomads and let them know why Corporate World is the ideal launchpad for their business.
Sign up to be a Corporate World agent now and inspire other entrepreneurs to act on their dreams and business goals.
