1. How To Start A Share Holding
Company In Dubai
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2. Most business owners today want to make sure
that they look out for the best opportunities
that they can find to start their business. In the
last few years, Dubai has been shifting its gears
from oil based economy to service based
economy and therefore you will find many new
companies and startups coming up here in the
Middle East rapidly.
3. Starting a shareholding company in Dubai is
beneficial, but the country has its own rules and
regulations and therefore you need to be aware
of how you can start a shareholding company in
Dubai without any legal problems or
inconvenience.
4. Understanding the Concept of
Shareholding in Dubai
If you are new to Dubai business market it is
important that you understand the concept
especially when it comes to shareholding
company. The concept is a long standing
requirement under the Commercial Companies Law
of the United Arab Emirates also known as the
Companies Law where every company is a
shareholding company where national shareholders
have 51% of share capital while foreign parties are
limited to 49% ownership in the UAE companies.
5. If you are not happy with the concept of
shareholding company in Dubai you will have to
choose a business location which is in the Dubai
Free Zone which can cost you more. Free zones
allows 100% ownership to the expatriates as
well as 100% tax benifits.
6. Selecting the Right Location
• It is also important for a company to get the
right location in Dubai that allows the firm to
get the right customers and clients quickly to
boost the business sales. Hence, research is
important to ensure that you buy the right
location or rent it according to your business
plans.
7. Formal Requirements
There are no formal requirements when you are
starting your company in Dubai but it is
recommended that you have legal written
agreements that can allow safeguarding your
business when you are in legal problems. The
written agreements and documents are like
contracts among the stakeholders that are
drafted to conform their terms to substantive
matters.
8. Minimum Investment
When you are keen on starting your shareholding
company in Dubai you have to make sure that you
have the capital or funds that meet their minimum
requirement. In UAE you will need at least AED 10
million (US$ 2.7 million) to start a public
shareholding company. On the other hand, if you
are interested in private shareholding company you
will need around AED 2 million (US$ 0.5 million)
and free zone companies it's starts from USD
14,000 but it also varies depends on the activity
and free zone you choose.
9. Choosing Business Advisory in Dubai
If you are not accustom to the rules and regulations
of Dubai business world you will need to find
business advisory that can guide you with the
experience and expertise that they have. There are
many business advisory firms that can offer you
information on how you can start your shareholding
company in Dubai and how you can invest your
money in the right way. This will help you to get
ahead with business registration and setup quickly
rather than getting involved in all the complications
that you might find strange.