Incorporating a business in UAE

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UAE is one of the prior business destinations in the world.As it is not perceived as an offshore company in a tax haven,UAE company formation is a reputable, regulated, international trading solution. Registering a company in UAE is an excellent, long term option for any investor.

Requisites for a incorporating a new business in UAE

Prior to operating any business in UAE, it is first necessary to follow the steps outlined below in order to meet the legal requirements of all concerned government authorities and to guarantee maximum commercial benefit for the business owner

Submit the company registration application and the proposed company name to the Department of Economic Development (DED)Notarize the company’s Memorandum of Association in DEDFile company documents with the Department for Economic Development (DED) and obtain trade license and the Chamber of Commerce and Industry

• Make a name board• Apply for establishment card at the Ministry of

Labor• Register native workers with the Ministry of

Labor• Register native workers with the General

Authority for Pension and Social Security

The basic requirement for all business activity in UAE is one of the following three categories of licences

• Commercial licences covering all kinds of trading activity.

• Professional licences covering professions, services, craftsmen and artisans.

• Industrial licences for establishing industrial or manufacturing activity

UAE Ownership Requirements

Fifty-one per cent participation by UAE nationals is the general requirement for all UAE established companies except

• Where the law requires 100% local ownership• In the Free Trade Zones where 100% foreign

ownership is permitted• In activities open to 100% AGCC ownership• Where wholly owned AGCC companies enter into

partnership with UAE nationals• In respect of foreign companies registering branches

or a representative office in UAE.• Professional or artisan companies where 100% foreign

ownership is permitted.

The seven categories of business organization defined by the law are

• General partnership company• Partnership-en-commendam• Joint venture company• Public shareholding company• Private shareholding company• Limited liability company• Share partnership company

The various types of companies that can be registered in UAE are the belowFree zone companyOffshore companyLimited Liability CompanyBranch and representative officesMainland companies(trade)

• HLB Hamt will work with you to handle your business setup in UAE from start to finish.

• HLB Hamt will help you evaluate the structure that will work best for your company.

We give strategic inputs, help you evaluate and select the right form of company to register in UAE, work with you on your business plan, handle paperwork and documentation formalities. In short, we handle everything you need.

Contact Us

HLB Hamt18th floor, Suite 1801City Tower -2, Sheikh Zayed RoadPO Box No 32665Dubai - United Arab Emirates

www.hlbhamt.com