INTERNATIONAL BUSINESS COMPANY (IBC/RAK OFFSHORE COMPANY)
Whether your business applies to international trade, ownership of intellectual property, asset protection, direct ownership of real estate or is a global holding company, an International business company can be used for all of these purposes on the basis that your business does not intend to conduct any onshore operations within the UAE.
FREE TRADE ZONE
Each free zone is governed by an independent Free Zone Authority (FZA), responsible for issuing to businesses the necessary operating licence's for operation within the relevant free zone.
LIMITED LIABILITY COMPANY (LLC)
For those considering Company Formation Dubai, this is the most widely used commercial entity for companies with a non UAE national, wishing to conduct commercial activities in Dubai. An LLC is a private company and shares in it cannot be offered to the public.
PUBLIC JOINT STOCK COMPANY (PJSC)
Very similar to a UK public limited company or German Aktiengesellschaft (AG). It requires a minimum share capital of AED 10,000,000 and a minimum of 10 founders, who are responsible for the incorporation of the company.
PRIVATE JOINT-STOCK COMPANY (PRIVATE COMPANY)
Similar to a UK private limited company. It requires a minimum share capital of AED 2,000,000 and minimum of three founder shareholders. Shares in a Private Company cannot be offered for public subscription but in all other respects the regulations applicable to a PJSC apply equally to a Private Company.
BRANCH OFFICE
While a branch office may carry out activities similar to those of its parent company, there are certain activities which are restricted to UAE nationals such as importing goods.
REPRESENTATIVE OFFICE
May only promote its foreign parent company’s activities through, for example, gathering information and soliciting orders and projects to be performed by the company’s head office. It is not permitted to carry out the parent company’s activities. Representative offices are also restricted as to the number of employees that they can sponsor and, due to these constraints, representative offices tend to act as administrative and marketing centers of their foreign parent company’s head office.
If you wish to open a Dubai company, please contact us for assistance with your Incorporation Dubai set up requirements or to discuss any of the above Company Registration Dubai options
