What are the mandatory requirements for choosing a location for a business?

by admin | Aug 16, 2017 | UAE Mainland Company Formation

It is mandatory that all businesses should have a physical address. The chosen location must comply with the requirements set out by the Department of Economic Development in the respective emirate and the zoning regulations of the local municipalities. In Dubai, the...

Is there any need for extra approval for foreign investors to start a business?

by admin | Aug 16, 2017 | UAE Mainland Company Formation

Yes. Foreign investors must obtain the approval of the General Directorate of Residency and Foreigners’ Affairs before getting the initial approval. Please be advised that the initial approval does not allow a foreign investor to practice the activity, unless a...

Can you provide some information on obtaining initial approval?

by admin | Aug 16, 2017 | UAE Mainland Company Formation

After determining the activity and the legal form and registering the trade name, you need to obtain the initial approval certificate. It is only after seeking the initial approval that you can proceed for additional approvals of authorities other than the DEDs which...

Can you give some information on Trade name registration?

by admin | Aug 16, 2017 | UAE Mainland Company Formation

A trade name differentiates one business from another. It also reflects the nature and the form of the business. The following are some criteria for DED to approve your trade name: must not violate the public morals or the public order of the country must be followed...

What are the legal forms of business in the Mainland?

by admin | Aug 16, 2017 | UAE Mainland Company Formation

The following are the company types: Joint Liability Company Simple Commandite Company Limited liability Company (LLC) Public Joint Stock Company (PJSC) Private Joint Stock Company (PrJSC) Other types of companies: Sole establishment Civil company Local Company Branch...

What are the legal forms of the company that can be registered in Mainland?

by admin | Aug 16, 2017 | UAE Mainland Company Formation

Joint Liability Company – A joint liability company can conduct only commercial and industrial activities. Limited Liability Company (LLC) – Limited Liability Companies (LLCs) have permissions to conduct any industrial, commercial, professional and tourism...