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COMPANY INCORPORATION IN UNITED ARAB EMIRATES: AN OVERVIEW PART I – MAINLAND COMPANY

COMPANY INCORPORATION IN UNITED ARAB EMIRATES: AN OVERVIEW PART I – MAINLAND COMPANY. Presented By: ADAM CONSULTING. TYPE OF COMPANIES. Mainland Company Free Zone Company International Company (Offshore) Branch/Rep Office. MAINLAND COMPANY – FEATURES . MAINLAND COMPANY – TYPES (1/3).

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COMPANY INCORPORATION IN UNITED ARAB EMIRATES: AN OVERVIEW PART I – MAINLAND COMPANY

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  1. COMPANY INCORPORATION IN UNITED ARAB EMIRATES: AN OVERVIEWPART I – MAINLAND COMPANY Presented By: ADAM CONSULTING

  2. TYPE OF COMPANIES • Mainland Company • Free Zone Company • International Company (Offshore) • Branch/Rep Office

  3. MAINLAND COMPANY – FEATURES

  4. MAINLAND COMPANY – TYPES (1/3) Professional License • Issued only to Professionals • Unlimited Liability • UAE National is a Local Service Agent • 100 per cent expat ownership • Service Related Activities

  5. MAINLAND COMPANY – TYPES (2/3) Commercial License • For any Entrepreneur • Limited Liability Company • UAE National is a Partner in the company • Maximum 49 per cent expat ownership • Activities involving physical goods

  6. MAINLAND COMPANY – TYPES (3/3) Industrial License • For any Entrepreneur with expertise • Limited Liability Company • UAE National is a Partner in the company • Maximum 49 per cent expat ownership • Activities involving manufacturing

  7. MAINLAND COMPANY – EXPENSES

  8. MAINLAND COMPANY – TIMEFRAME Company Setup Time • 15 working days to setup the legal structure of the company from the time of initial approval • 5 working days to get the PO Box, Telephone lines and company labour card among others • Special approvals are required for some activities and can take time depending on the scale and scope of the project

  9. MAINLAND COMPANY – NOTES • Corporate Ownership is possible • Shares can be transferred through an agreement followed by its update in DED • Branch/Representative Offices can be incorporated (Covered in Part IV) • Expatriate is either a partner or investor in the company • 100 per cent repatriation of capital

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