One can categorize UAE companies into 3 groups: Freezone Companies, Mainland and Offshore international Business Companies
Free zone companies are 100% owned by expatriates, while Mainland companies are registered as Limited Liability Company with 51% shareholding for UAE Local Citizen under the Economic Department in Mainland.
Company formation cost varies across the mainland and Free zones in the UAE. At Genius+ we are proud to provide you with customized and efficient Business Setup Services. Contact our consultants and get a free quote today.
There are three different business categories in UAE: Commercial, Professional, and Industrial licenses. Commercial licenses are designed for trading companies, while professional and industrial license are for consultancy and manufacturing companies, accordingly.
In order to set up a company in UAE, you should first choose the business activity. Trade name reservation, trade license application, residence visa and bank account application, and getting additional clearances done are main steps required for company formation in UAE.