Type of Companies in Dubai

Company Types in Dubai

Business Structure in Dubai is divided into a few types e.g. proprietorships, partnerships, companies and few others. Every type has a few merits and demerits and people choose as per their convenience or availability of capital. Company of One person in Dubai can only be registered in the name of UAE national which is usually called local or Emirati. This type of company is called an LLC in which a UAE national has 51% shares as compared to his other counterpart who is supposed to have 49%. This type of company can have 2-50 stockholders. LLC Company can be publically traded on the UAE Stock Exchange.

The second major type of company is Free Zone Company, where a person can be the complete owner and enjoy a single-owner status. These companies are only allowed to be opened in provided Free zones and are managed under the corporate rules made by Free zone companies as these are different from the LLC. Even initial complaints are not registered in the Ministry of Labour like LLC companies because every Free zone has a different entity in replacement of MOL, though finally cases are just forwarded to Dubai Courts like LLC companies.

Note: Information can be old or outdated or can be no longer applicable over time. Therefore, no guarantee is taken and readers must have to consult the UAE national lawyers and legal consultants before taking direct or indirect legal action.

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Company formation is complicated in Dubai. Complete security and protection are provided by the Government. Lawyers in Dubai are competent and can provide you with complete services from company formation to final taxation and auditing systems. Dubai is a land of opportunities where a visionary and hardworking person can make his dream true. ASK THE LAW AL Shaiba Advocates, is the best law company for Company Setups in Dubai and UAE.

If you cant understand the process or procedures then you should talk to a law firm like Al Shaiba Advocates, whose aim is to deliver the clients. Al Shaiba Advocates and Legal Consultants, Ask The Law is one of three top law firms in Dubai as well as a team of advocates. We only recruit top lawyers and legal consultants. Even our paralegals are smart and intelligent people.

Read: Company or Corporate Lawyers

These are the same lawyers who have professional degrees and licenses. The only difference which is a key difference, is that these lawyers are exclusively experts ay business and commercial matters. They are lawyers but they have expertise more in business and commercial side than labour and employment or family laws. Once again the Dubai lawyers or lawyers in Dubai do have special protocols because the Emirate of Dubai provides awesome opportunities for lawyers to learn more and practise more. Therefore these lawyers in Dubai are quite good at business law. Our law firm has a special reputation in business matters, mergers, liquidations, etc.