Establishing a company in Dubai
Are you looking to expand your business operations and establishing a company in the Middle East? Dubai is the first destination for businessmen and international companies, and for every aspirant to establish his own company. Establishing a company in Dubai can be a great way to grow your business, Through Tdabeer team, we provide advice on how to make the process smooth and successful.
Company incorporation law in Dubai
The most prominent provisions of the new law have been introduced to some of the following major amendments to the activities of investors and shareholders:
For commercial registration in Dubai, companies in the UAE no longer need to own the majority of the shares of shareholders and local representatives in the Emirates.
According to the policy of the United Arab Emirates, which was formulated in the form of a decision by the Council of Ministers, allowing foreign capital to own commercial organizations belonging to the Emirates.
Local companies are allowed to recognize capitalization and percentage ownership.
Presiding over meetings is no longer confined to The Emirates; It may be headed by foreigners.
Likewise, the ban on foreigners serving as members of the board of directors has also been lifted.
Why was the 100% ownership law implemented for Startup company in Dubai?
The UAE is trying to boost its popularity with global buyers, entrepreneurs and start- buyers.
It strives to facilitate business creation by removing existing barriers and opening up the economy.
How does outright ownership law affect startups?
New investors in the UAE market have a strategic advantage.
Non-Emiratis of all nationalities can now fully own their businesses under the new legislation, as long as they work in one of the permitted industries.
How property law will affect an existing business
The registration of an existing limited liability company can be renewed by selling the shares of UAE nationals to foreigners and making them the sole owner of the company.
How Tdabeer help you in establishing a company in Dubai?
At Tdabeer, we seek to clarify all standards and business requirements so that we can provide professional and reliable advice on current laws and regulations,
Providing cost-effective solutions that fit their needs and budget
And inform our customers of all their rights.,