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SFM IN PRESS

DTEC is Here – What is It and How Can it Benefit You?

29 October 2018

Once again proving that the UAE is one of the world’s best centres for tech companies, a new jurisdiction has just opened in Dubai for start-ups [..]

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Protecting your assets in the UAE : Introducing the DIFC Will

11 September 2018

Succession planning in United Arab Emirates (“UAE”) for non-Muslim resident and foreign investors: how to protect your assets located in Dubai and in Ras Al-Khaimah?[..]

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DUBAI COMMERCIAL LICENSES

Our Commitment

  1. Your Dubai Commercial License issued within 5 working days. *
  2. Competitive and transparent pricing
  3. Complete confidentiality
  4. UAE Residency Visa for you and family members.
  5. Setting up your company with a bank account including eBanking and debit card
Dubai Commercial License

Dubai Commercial License Company characteristics:

Company typeLimited Liability Company
Governing corporate legislationDepartment of Economic Development Dubai
Information published relating to company officersNo public register of company officers
ConfidentialityComplete confidentiality
Accounting requirementNo accounting or reporting requirements
TaxationNo taxes
LegislationUAE Federal law and UAE Companies Law
Standard currencyUAE Dirhams pegged to USD
Time to form5 working days
CommunicationEfficient communication
Local sponsor requirementLocal sponsor is needed, holding minimum of 51% shares
Residence Visa issuanceResidence Visa issued

Information concerning Dubai Commercial License

Dubai Commercial License Company

According to Article 22 of the Companies Law, there must be a minimum holding of 51% by the UAE national although by Article 227(2) it is made clear that the distribution of profits and losses of this entity can be done disproportionately to the shareholdings. In effect, this entity can have a local owning 51% percent, but being paid a lump sum annual payment to act as a local sponsor.

* Please see our Terms & Conditions