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UAE Company Registration

The UAE implements free economy policies, whereby no foreign exchange control and nearly no tax. Trading, investments, contracting services, and other business taking place in the UAE are considered as economic and trading activities. Foreigners who do the three types of business need to conform the UAE Commercial Companies Law, the UAE Commercial Agencies Law, and the UAE Labour Law. Company registration shall comply with the local enterprise registration guidelines. The company shall join the chamber of commerce and industry to become a legal person, which makes the company have the same rights and obligations comparing with the UAE-funded companies. The only difference is the description of business operations and activities when the application is submitted. This mainly is to define the business scope of a company. If registered as a trading company, the company is permitted to engage in trading activities. If registered for investments in factory construction, the company certainly enjoys preferential treatments in investment, but further negotiations shall be conducted with local partners regarding investment methods, technologies, and capital investments. If registered as a contractor service company, the company shall be required to apply for a grade classification in accordance with different grade classifications by the UAE, which is based on various requirements for capital, technological capacity, performance, and the equivalent. In case the contractor service wishes to undertake specialty contracts related to public utility and road construction projects, the company shall apply for the qualifications of specialty contractor services based on its own technological capacity and performance after obtaining the relevant grade classification. The business operations may commence only after all formalities mentioned are completed; otherwise, the company may be punished or sanctioned severely.

  • UAE Company Registration

    The UAE implements free economy policies, whereby no foreign exchange control and nearly no tax. Trading, investments, contracting services, and other business taking place in the UAE are considered as economic and trading activities. Foreigners who do the thr...

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