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Doaa Abd El-Jawwad

Doaa Abd El-Jawwad

Attorney

الأسئلة المجابة 80029 | نسبة الرضا 98.7%

Lawyer

what is the best way to make a company that is...

تم تقييم هذه الإجابة:
what is the best way to make a company that is 100% owned by aan UAE national but still I can control everything?

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إجابة الخبير: Doaa Abd El-Jawwad

Doaa Abd El-Jawwad

Doaa Abd El-Jawwad

Attorney

الأسئلة المجابة 80029 | نسبة الرضا 98.7%

We would like to inform you that you must apply to the Department of Economic Development of the relevant Emirate for initial approval and registration of the trade name. You can do this either by visiting the department's offices or through the electronic services available on its website. Initial approval allows you to follow up with the relevant parties of your project activity to obtain additional approvals if necessary. The cost of establishing companies in the UAE includes invested capital, initial approval, work visas and others, and depends mainly on the nature of the activity, licensing and the relevant licensed entities and the legal form of the company, whether an institution,
The capital requirements vary according to the legal form of the company as follows:
-          Public Shareholding Company: The capital must not be less than AED 30,000,000
-          Private Shareholding Company: With a capital of at least AED 5,000,000.
For other types of companies, the UAE Companies Law did not specify a minimum capital requirement, but required companies to:
-          Remember the capital in the contract of incorporation
-          The Company shall have sufficient capital to achieve the purpose of its establishment.

الرد من العميل

Dear You did not answer my question. I know how to make a company ,. but my question is how to control the company if the license is owned 100% by a local UAE national?Did you get my question?

إجابة الخبير: Doaa Abd El-Jawwad

Doaa Abd El-Jawwad

Doaa Abd El-Jawwad

Attorney

الأسئلة المجابة 80029 | نسبة الرضا 98.7%

You can refer to this government website to see your rights and obligations as an Emirati citizen who owns the company 100%
Dubai government

إسأل Attorney

Doaa Abd El-Jawwad

Doaa Abd El-Jawwad

Attorney

الأسئلة المجابة 80029 | نسبة الرضا 98.7%

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