UAE Mainland Company Formation

Can you give an indication of the Capital requirements for a company on the mainland?

As mentioned above, Capital requirements for a company on the mainland depends on the legal form of business. For a Public joint stock company, the minimum capital is AED 30 million. For a Private joint stock company, it should not be less than AED 5 million paid in full.

For other type of businesses, the UAE Commercial Companies Law does not specify a minimum capital. But the minimum capital should be mentioned in the Memorandum of Association and the amount must be a ‘sufficient capital’ to achieve the purpose of the business incorporation.

If you are a foreign entity seeking to establish a Limited Liability Company (LLC) in the UAE, the best way to understand the Capital requirements is to seek guidance on the current practice of the relevant emirate regarding minimum share capital. Bizvest can provide with the latest information, guidance and services to help you with starting an LLC in the Mainland.

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