Expo 2020

What specific advice can you give for foreign companies on how to start a business in Dubai?

Please see our other sections on how to set up a company in Dubai. However, we can give you some specific information on starting a company in Dubai if you are looking at capitalizing on the opportunities arising out of Dubai Expo 2020.

Companies can choose from mainland or free zone or offshore. Companies registered in the free zones permit 100 % foreign ownership but please be aware that they are only significant if a project is located in the free zone. But if you are registered as an LLC (Limited Liability Company is the most popular way for foreign companies to register in mainland UAE) on the mainland, either a UAE national or a company owned by a UAE national is required to own 51% of a mainland company. Bizvest can provide you with reliable and trustworthy foreign nationals who can serve as your sponsor.

Another innovative way to start a new business in the UAE is to engage in a contractual joint venture. If you are a company that wants to join with another firm for a specific period of time and do not want to be bound together indefinitely and want to keep your assets and liabilities separately, this is the best way. With contractual joint ventures, you can exploit the opportunities for the first time before deciding on working solely yourself as a company in the long term. Reach out to Bizvest to know more about this unique opportunity. We have solid relationships with a number of companies who are into many different industries and technologies. Reach out to us and we can help you choose the best companies that will suit your business need for engaging in a Contractual Joint venture.

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