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Showing posts from July, 2023

Company Formation in UAE: A Comprehensive Guide for Entrepreneurs

The United Arab Emirates (UAE) has emerged as a prime destination for entrepreneurs and businesses looking to establish a company, especially in the free zones. With ambitious projects driving economic growth and attracting global attention, there has never been a better time to start a business in the UAE. Requirements for Company Formation in UAE For C ompany formation in UAE , several prerequisites must be met. Let's explore the key requirements: ·       Obtaining a License- A business in the UAE is primarily established to conduct specific activities. Depending on the nature of the business, one of three types of licenses can be obtained: commercial licenses for trading activities, professional licenses for services, artisans, and craftspeople, or industrial permits for manufacturing and industrial operations. ·       Performing Free Zone Business- For company registration in the UAE, a local sponsor is typically required. Th...