Mainland Company

There are primarily three types of Companies in the UAE.

• Mainland Companies – Limited Liability Companies
• Freezone Companies
• Offshore Companies

Mainland Companies

A Dubai mainland company is authorized to deal within UAE and to the outside world alike.

The different types of mainland companies are as below.

1. Sole Establishment:

It is an establishment owned by a sole proprietor to operate an economic activity (commercial, professional, industrial, agricultural, or real property). An establishment’s financial liability is linked to the proprietor who shall be responsible for all its financial obligations.

2. Civil Company / Professional firm setup services

Professional firms are operated and managed by certified and qualified individuals with approval from regulatory authorities such as lawyers, doctors, dentists and auditors. They have are 100% owners of their professional entities and hire the services of a local agent on an annual service fee.

3. Limited Liability Companies – LLC Companies

LLC is the most common form of business enterprise in UAE. LLC company formation requires a UAE citizen known as the local sponsor or local service agent. The Industrial and commercial licensed companies need a local sponsor, and they will hold a minimum of 51% of the shares and the remaining 49% can only be held by the expat.

A local service agent is required for a company formation under the professional license and the expat can hold 100% of the shares of the company.

4. Branch and Representative Office

The basic details regarding the branch and representative offices are as below.

•  A branch office is permitted to promote and market the products of its parent entity.
•  Also, it can enter transactions and offer services to customers.
•  Representative offices are only allowed to promote/market the business activity of parent company.
•  And cannot enter into a transaction in the name of its company
  Look after the entire process of establishing your branch or representative offices. We give strategic inputs, help select local sponsors, assist to select locations, on your business plan, and also paperwork and documentation formalities.

5. Joint Venture

 We can  can assist in  all joint venture operations setup requirements in UAE. We will coordinate with the potential partners, set strategic directions, co-ordinate your business plan, and also handle paperwork and documentation formalities.

•  Minimum Local equity participation of 51%.
•  Profit and loss distribution can be mutually agreed.
•  So you can hold 49% equity and still be eligible for a higher share of profits.

6. Public & Private Shareholding Company

We can assist to establish shareholding companies in UAE from inception to conclusion We give  strategic advisory on company structure, selection of local partners, exclusive office locations, organize business plan, and also handle documentation formalities etc.

Salient features of this type of company are as below.

•  Minimum capital required for a public shareholding company is AED 10 million (US$ 2.725 million).
•  Minimum capital required for a private shareholding company is AED 2 million (US$ 0.545 million).
•  UAE nationals are appointed as Chairman/ Director.
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7. Offshore Companies/Trusts and Foundations

• We assist in establishing wealth structures for various high net worth individuals who wish to protect assets and their company stocks overseas by way holding companies.
• We work with various strategic partners who help in establishing trusts and foundations as part of wealth planning for high net worth families
• We also have expertise in helping our high-net-worth clients and business entities to set up holding companies for tax and succession planning.