The UAE is distinctively divided between the onshore sector, dominated by local business interests, with restrictions on foreign ownership, and the offshore sector which consists of a number of Free zones. Biznet specializes in company incorporation services in both of these sectors. For the past many years our professional business advisors have been providing a comprehensive range of services to individuals and corporates around the world, adhering to the highest international quality standards and in full compliance with the existing rules and regulations to incorporate your business and get you set up in UAE. The company has a reputation as a reliable and competent service provider in the following domains:

  • Company Registration – Professional, Commercial and Trade
  • Business Incorporation – Limited Liability Company Formation Dubai, Joint Ventures, Branch Offices, Representative Offices, General Partnership Company, Public Shareholding Company, Private Shareholding Company, Share Partnership Company
  • Business Set up in UAE Free Zones
  • Business Legal Structures, Documentation and Agreements
  • Company Name Selection
  • Office Rental, Purchase, Virtual Office Services and Employee Accommodation
  • Corporate Bank Accounts
  • Corporate Finance
  • Document Processing and Clearing, Work Permits, Visa’s, Identity Card

Limited Liability Company (LLC) is the most common form of business in UAE. A Limited Liability Company can be formed by a minimum of 2 and a maximum of 50 shareholders whose liability is limited to their shares in the businesses capital. It is mandatory to have a UAE national as a partner in the LLC (51% shareholding) prospective investor has the option to choose the one UAE national (sponsor) as a partner in the company.

LLC is flexible and differential profit sharing arrangements also possible. This permits the foreign investor a great edge as 51% legal equity is with local partner. The licensing Authorities for LLC are:

  • Dubai: Department of Economic Development
  • Sharjah: Economic Development Department
  • Abu Dhabi: Department of Economic Development
  • Other Emirates: Municipality/ Chamber of Commerce

 

BIZNET SERVICE

Biznet will interact with clients to handle their LLC incorporation from starting point to finish line and assist with the following:

  • Getting approvals and clearances from various departments.
  • Drafting Memorandum of Association and other necessary agreements.
  • Help to bring local equity.
  • Assisting to find proper office location and banking services.
  • Handle other documentation formalities.

UAE Commercial Company Law (13) of 1988 allows foreign companies and corporations to open Branch/Representative office to exercise their main activities in UAE. This empowers to undertake transactions and offer services to customers. However, Foreign Branches are only allowed to have promotional activities supplementing the business activity of parent company and cannot enter into business transactions or market products.

BIZNET SERVICE

Biznet will interact with clients to establish their professional firms and assist with the following:

  • Getting approvals and clearances from various departments.
  • Finding local service agent.
  • Drafting of Local service agent agreement.
  • Assisting to find proper office location and banking services.
  • Handle other documentation formalities.

Slightly different in its mode of operation, Dubai allows companies to open representative offices with limited operational facilities. Our expertise and experience can assist you to open a reprentative office with least hassle.

BIZNET SERVICE

Biznet will interact with clients to establish their reprentative office and assist with the following:

  • Getting approvals and clearances from various departments.
  • Finding local service agent.
  • Drafting of Local service agent agreement.
  • Assisting to find proper office location and banking services.
  • Handle other documentation formalities.

Foreign investors, who are qualified, can set up partnership firm to carry out their professional practice activities in UAE. The firm shall be regarded as a professional company. There is no restriction of 51% local equity like Limited Liability companies. For example: Training consultancy, Marketing consultancy, etc.

BIZNET SERVICE

Biznet will interact with clients to establish their professional firms and assist with the following:

  • Getting approvals and clearances from various departments.
  • Finding local service agent.
  • Drafting of Local service agent agreement.
  • Assisting to find proper office location and banking services.
  • Handle other documentation formalities.

Dubai is committed to fostering the growth of manufacturing companies in UAE. We strive to provide all necessary support ranging from services to facilities that ensure industries operate at optimal capacity, and are able to meet future expansion needs.

BIZNET SERVICE

Biznet strategically interacts with clients to establish their needs in this area and assist with the following:

  • Getting approvals and clearances from various departments.
  • Finding local service agent.
  • Drafting of Local service agent agreement.
  • Assisting to find proper location for manufacturing and banking services.
  • Handle other documentation formalities.
To know more about Biznet Consulting services and pricing, contact our sales representative.