Legislative Advice For Establishing LLCS And JVs

Mark Gilligan provides an overview for new entrants to the United Arab Emirates ("UAE") who are founding limited liability companies and joint ventures, detailing the practical requirements, which will provide more autonomy and safety when transacting businesses in the region.

FOREIGN CORPORATE OWNERSHIP IN THE UAE presents an interesting opportunity for entities, be they corporate bodies or individuals, seeking to establish a foot hold in the Middle East. There are a myriad of corporate vehicles available, with a vehicle to suit the majority of potential commercial goals. This article aims to provide a brief overview of some of the most widely used entities and also the salient commercial realities that are applicable when evaluating whether to take the plunge into the UAE marketplace.