What are the Business type categories to start a business in the Mainland?

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

Commercial – Commercial activities are the activities that require a capital. Some examples of this can be wholesale and retail trade, construction, transportation, communication, financial mediation, real estate and leasing. Professional – Professional...

What are the important steps to setup a business on the mainland?

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

Select the type of business Determine the legal form of business Register a trade name Obtain initial approval Choose a location for your business Obtain approvals of relevant authorities Get your business license Secure a Chamber membership Advisory Services Mainland...

Can a foreign company open a branch in the UAE?

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

Yes, a foreign company can open a branch in the UAE after maintaining a certified letter from the parent company and getting the approval of the UAE’s Ministry of Economy. Contact us to know more. Mainland Company...

What is meant by local service agent (LSA) and what are his liabilities towards the business entity?

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

A local service agent (LSA) is a UAE national who assists a foreigner in the licensing requirements and other government-related matters in exchange for an annual fee. Business Augmentation Services Advisory...

What type of companies requires a Local Service Agent (LSA)?

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

A professional type sole establishment Civil company with no engineering activity Foreign Company Branch Please note that a GCC national can be a partner in any form of business except: A representative office Simple commandite companies. Instant License Mainland...

What are the types of businesses that require a UAE national a partner?

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

LLC companies Public Joint Stock Companies (PJSC) – it must have at least 5 founding members who are UAE nationals, owning between 30 per cent and 70 per cent of the capital shares PrJSC Companies Civil company with an engineering activity Mainland Company...