Get expert opinion on the entity structure to opt for
Before you consider setting up a business in the UAE, you must know about the business structure of the country and how it differs from others. UAE is an internationally accredited business-friendly country that is governed by several federal laws. Since every business needs a unique structure to be established, the UAE provides different legal forms to help set up businesses. It’s important for you to figure out which structure best suits your business needs and budget before you decide to invest.
Types of corporate structures in the UAE
Sole proprietorship – As the name suggests, this entity is owned by a single individual who controls its operations and partakes 100% of the profits.
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Limited Liability Company (LLC) – In this popular form of entity structure, the liability of the partners is limited to the extent of their investment in the company.
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Private Shareholding Company – This type of business involves at least three investors and is compatible with all types of commercial and industrial activities apart from a professional business.
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Public Shareholding Company – This type requires a minimum capital value with transferable shares of equal value and each shareholder is liable only to the extent of their capital.
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Apart from these major entity structures, there are other structures like civil company, partnership company, a branch of a foreign company, and more.
Get advice from the specialists
The entity structures can often get confusing for new businesses and they often end up making the wrong choice. To ensure that you have the right entity structure for your business so that you can earn the maximum benefits, consult with the experienced advisors at Aceptive Corporate Services. Our team will assess your business purpose and based on your budget and goals, the advisors will suggest the right entity structure to invest in.
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