CORPORATE & LEGAL INFORMATION

corporate_ban

Type of Entity Limited By Shares
Political stability Excellent
Type of law Federal / Sharia
Disclosure of beneficial ownership No
Migration of domicile permitted No
Corporate taxation Nil
Language of name English or Arabic

 

Minimum numbers of shareholders 1
Minimum numbers of directors 1
Corporate directors permitted Yes
Minimum usual authorised capital Dhs 1,000
Fully paid Yes
Local partner (UAE National or Company owned by UAE National) No
Registered office / agent Yes
Local directors No
Local meetings No
Government Register of Directors Yes
Government Register of Shareholders Yes
Local Auditor No

 

Annual Return No
Submit Accounts No
Minimum Annual Tax/License Fee AED 2,000
Annual Return Filing Fee AED 1,500