Company Formation Services in U.A.E

A General Partnership Company in UAE is a joint liability company, which is formed through a joint agreement created between two or more partners. However, one of the key concepts in a General Partnership Company in UAE is that partners have unlimited liability towards the business and its activities, which may even extend up to their personal wealth. The company name should also contain the name of one or more partners. Management activities and provisions of partners are controlled through the contract agreement. The company may appoint a third party to look after the business or manage its daily activities.

A Limited Share Partnership Company in UAE is another form of partnership, which require at least one general partner and one limited partner. The general partner is given the privilege of managing the business, while limited partners only have the right to contribute to capital. These silent partners do not make any decisions associated with management, and hence, have limited liability to the extent of his contributions to the business.

However, general partners in such a business form have unlimited liability. Minimum capital requirement for a Limited Share Partnership Company in UAE is AED 500,000 and must require local partners as general partners and foreign investors as silent partners if it requires commercial registration. Helpline Group can help you set up a Limited Share Partnership Company in UAE and handle all its requirements and goals.

Holding Companies in the UAE are used for managing investments and taking control of subsidiary companies. It is possible to incorporate a holding company in any of the seven emirates of the UAE. A Holding Company in UAE has specific requirements, such as having proper management and board of directors for controlling and managing the business. In addition to this, Holding Company in UAE can form other forms of businesses in the U.A.E, engage in manufacturing or service activities. Contact Helpline Group for further information on Holding Company formation in UAE.

A public share company is more suitable for making large investments in the U.A.E. Shares in a Public Shareholding Company in UAE are divided equally and listed or traded in the stock exchange. There is a minimum capital requirement of AED 10 million for such a Public Shareholding Company in UAE, and the liability of each partner is limited to the extent of their investment in shares. Every Public Shareholding Company in UAE should have a minimum of 10 funders who sign the Memorandum of Association. There are no limitations as to the industry or activities a Public Shareholding Company in UAE can operate in.

Joint Ventures in the UAE are a partnership between two or more parties. However, for creating a Joint Venture in UAE, one party must have a valid UAE license, but Joint Ventures in UAE do not enjoy the benefits of a separate legal entity in the country. In addition to this, business activities of Joint Ventures in UAE are conducted under the name of one of the participating companies – this company is solely held responsible for all decisions taken by the Joint Venture in UAE. There are also provisions associated with involving foreign investors in such Joint Ventures in UAE. Speak to Helpline Group for more information on setting up a Joint Venture in UAE and managing a Joint Venture in UAE.

Representative Trade Office in UAE allows 100% foreign ownership. It is usually set up by foreign companies in the U.A.E to carry out business activities, such as promoting the business, dealing with clients, or managing services offered by the company. However, Representative Trade Office in UAE are prohibited from conducting commercial activities in U.A.E. It is also required to have a local individual as a National Service Agent in such Representative Trade Office in UAE. Speak to Helpline Group for more information on setting up such Representative Trade Offices in UAE.

Foreign businesses can establish commercial agencies in the UAE, without having to worry about their physical presence or investments. A commercial agent is required for such Commercial Agencies in UAE. Although a Commercial Agency can be established by a foreign company on its own, it is also possible to establish such Commercial Agencies in UAE with local partners. There are several protections for commercial agents and agencies in the UAE.

However, one should understand all regulatory and legal requirements and limitations involved with commercial agencies in the UAE before finalising such a business. For example, it is possible for the principal to terminate the agency only on “material grounds”. Hence, speak to Helpline Group today to know more about the suitability of using Commercial Agencies in UAE as your preferred business model structure in the UAE.

Companies may set up their branch offices int eh UAE and reserve 100% ownership and control of its activities in the UAE. In UAE, branch offices are allowed to engage in commercial activities, and revenue generating business processes. However, a major limitation of such a business model structure is the branch offices can only engage in the activities performed by its parent company.

Every branch office should have necessary registration and licenses to commence and continue operations in the UAE, in addition to appointing a local National Service Agent (NSA). Helpline Group can support you with all these requirements and activities involving branch office formation in the UAE.