The UAE's Leading B2B and B2C portal

HaiUAE - Expats Guide to UAE and Local Business Directory

2 Types of Companies in UAE

September 13, 2018 / 238 / Category : Dubai Guide

  • LLC is only the legal form of a company which stands for Limited Liabilities Company. The distinction should be Whether the company is a local company i.e., Dubai/ Abu Dhabi/ Sharjah or any one of the 7 states of UAE based or a Freezone company. Regulatory bodies are different for local companies and Free Zone companies. However in General terms what people are referring to is that if you want to start a business where you are able to market your goods or services inside UAE you have to have a local company.
  • Free Zone companies are not mandated to market within UAE. If it is local company maximum a foreigner can own a stake is 49%.Other 51% has to be held by the local partner. When people refer to LLC Company that is the arrangement of shareholding. The only way you can have 100% ownership in a company in the UAE is either it is based in Freezone or if local company, the type of the trade license is Professional. But even in case of professional license, you need a UAE citizen as Service Agent who will sign on your behalf in all government departments.

Popular

CAFM Explorer Quantum

CAFM Explorer Quantum

Pros: Easy to use with more tools. Still only using a small amount of the potential of the system. Have been using CAFM for a number of years now to manage buildings, costs, invoices, work orders, budgets, records and pre-planned maintenance. Cons: No concerns or errors and with updates and constant development CAFM just improves. Overall: The software coupled with the backup from client support...

Online Lebanon Arabic Food

Online Lebanon Arabic Food

This is a specialty online gourmet store that offers Middle Eastern and Lebanese food items and ingredients. All the food products are 100% natural Lebanese food products. You can find everything from Arabic sweets, coffee, baked items, herbs, nuts and much more here. Operating from Beirut, Lebanon since November 2000, BuyLebanese.com is the world's first online gourmet store specialized in Leban...

7 Benefits Of Facilities Management

7 Benefits Of Facilities Management

In the trendy days, several countries ar undergoing through onerous economic times, so businesses ar applying all means that to scale back their price of operations. one among the foremost effective ways that businesses ought to use to scale back their price is facilities management. this is often a method that ends up in lots of saving for the business. Below ar a number of the advantages that co...

Baby Shop For Mother

Baby Shop For Mother

Mumzworld is a best of mother and baby items, ranging from maternity care goods to baby strollers, diapers and more. Mumzworld has more Mother and Baby Gift Registry where new parents can register for Baby Shower gifts. Top 3 Places To Go Shopping in Dubai UAE – Expats Guide 14 Most Popular Online Stores in Dubai 2016 United Arab Emirates

List of Insurance Companies DHA Permitted

List of Insurance Companies DHA Permitted

List of Insurance Companies Permitted Insurers DHA Health Insurance Permit Permitted Health Insurance providersThe list shows which companies have been successful in obtaining a Health Insurance Permit from Dubai Health Authority as required under the Law. This Permit signifies that the company is allowed to sell health insurance products in the Emirate of Dubai. As of 16 September 201...

Claim your free HaiUAE Business Page Get Started

By continuing past this page, you agree to our Terms of use, Cookies policy and Privacy policy. © 2017 - 2021