Product
Product
Consultation on opening a company and run business with offshore regulators
Consultation on obtaining UAE visas and residence
GIPG company helps its clients with choosing a company structure, collecting and analyzing documents when creating a legal entity and opening an account in UAE banks, as well as renting premises.
Registration of a company in the emirates is possible on the main (mainland) territory of the UAE, in free economic zones (FEZ) and in offshore zones.
The following organizational and legal forms of companies are available in the main territory:
- Joint liability company.
- Simple commandite company.
- Limited liability company.
- Public joint stock company.
- Private joint stock company.
- Special purpose acquisition company (SPAC).
- Special purpose vehicle (SPV).
A legal entity in a FEZ can be registered in one of the following organizational and legal forms:
- Limited liability company with one founder (Free Zone Establishment, FZE);
- Limited liability company with two or more founders (Free Zone Limited Liability Company (FZ LLC), Free Zone Company (FZC)).
In offshore zones it is possible to create international (offshore) companies (international business companies, IBC).
Branches and representative offices of foreign organizations can also open in the UAE. At the same time, branches can be reorganized into local legal entities. In addition to all of the above, there is a form of private entrepreneur (sole establishment, sole proprietorship). This form implies liability with all personal funds for the obligations of the business.
Upon registration, a legal entity receives a license corresponding to its type of activity. A company in the UAE can only carry out the activities specified in the license. A prerequisite is renting an office. In some SEZs it is possible to limit yourself to a virtual (remote) office. Typically, office space is provided by the registration authority itself on its territory.