Company formation in Dubai can be a complex process, and there are several types of companies you can establish in the United Arab Emirates (UAE). Here are some of the most common options and the steps involved:
1. Limited Liability Company (LLC):
This is one of the most popular options for foreign investors.Requires a local Emirati partner or a service agent to own 51% of the company.Minimum capital requirements may apply depending on the type of business.
2.Free Zone Company:
Companies established in free zones offer 100% foreign ownership.These are ideal for businesses involved in import/export, logistics, or manufacturing.Each free zone may have its own regulations and requirements.
3.Offshore Company:
Offshore companies are primarily used for holding assets, international trade, and investment.These companies enjoy tax benefits and provide privacy.They are not allowed to do business within the UAE.
4.Professional Firm:
Ideal for professionals like doctors, lawyers, and consultants.Requires a local service agent, but foreign ownership is allowed.