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ARTICLE · 06 MARCH 2018

Setting Up A Company In The UAE

The United Arab Emirates (UAE) is one of the most attractive business markets on earth. However, setting up a business here can be rather tedious if you are not familiar with the country.

United Arab EmiratesWealth Management

The United Arab Emirates (UAE) is one of the most attractive business markets on earth. However, setting up a business here can be rather tedious if you are not familiar with the country. The UAE requires a particular method for setting up a company which should not take long once you have all the required legal documentation in hand.

To avoid wasting both your time and money and before undertaking the legal formalities in your home country which can be fairly costly, Eduardo Delage wrote the below tips should keep in mind:

1. The type of business activity that you wish to carry out in the UAE

This point is critical as the business activity determines the license the company will require. In this sense, the license could be; i) professional; ii) industrial; or iii) commercial, and will define your business development. A wide range of activities (jewelry, oil and gas, banking, legal firms etc.) must receive special approval from other governmental departments

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