Monday, 19 March 2012

Company Setup options in Freezone Dubai

New Entity:

 Free Zone Establishment FZE: A new business entity with 1 shareholder (can be an individual or a Company)

 Free Zone Company FZ LLC: A new business entity, with 2 or more shareholders (can be individuals and/or companies)

Branch:

 Local Branch: A branch of an existing firm in the UAE

 Foreign Branch: A branch of an existing firm outside the UAE

 Please note we will require the below for a Branch Office or when a company is a shareholder:

 Company Documentation of parent company (Share Certificate, Memorandum etc) – we only require
copies of these documents,Passport copies of owners and manager

Board Resolution indicating it has been resolved to open a branch office at Free Zone,UAE – original required signed and stamped (contact us for a draft of the same)

When company to be a shareholder Board Resolution should state the following as an example – “XYZ

Company to take a 50% stake in new company ABC FZ LLC to be formed in Free Zone, UAE” – original required signed and stamped (contact us for a draft of the same)

The Board Resolution should also include who will be appointed the Manager / Person in Charge of the branch office or new entity

 posted by Winston Karumba, Senior Business Consultant at Adam Consulting


Tel + 97155 3350517

E mail winstonk@live.com

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2 comments:

  1. Unknown23 July 2012 at 14:32

    That’s the wonderful thing constitution have made about Dubai Freezones. Is there any legislation have been passed that no Dubai Offshore Company can provide their services to any one until n unless they enlist this clause as well.

    ReplyDelete
  2. mithra28 January 2013 at 21:52

    Thanks for sharing, I will bookmark and be back again.









    Company Setup in Dubai




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