COMPANY FORMATION
With a complete understanding of each business governmental process, requirements, and procedures in Abu Dhabi, we can streamline the establishment of the below commercial entities:
- Establishments: An establishment is a sole proprietorship. This type of business could be owned by both a GCC local or an ex-pat investor.
- Branch / Rep. Offices: UAE Commercial Law (13) of 1988 allows Foreign companies to establish their local presence through a branch office or a representative office owned by the parent company overseas.
- Limited Liability Companies: A limited liability company is the most common form of business in the UAE. It can be formed by a minimum of 2 and a maximum of 50 shareholders. It is mandatory for the local partner/shareholders to own 51% of the shares.
- Professional Services Licenses: In setting up a professional firm, 100% foreign ownership and sole proprietorship are permitted. Such firms may engage in professional or artisan activities. Professional business activities might include consultancy services, Training services, saloon, typing services, and others.