Department of Economic Development (DED), Baniyas Road
Dubai Web :http://www.dubaided.gov.ae/ DED's mission is tocontribute to economic planning and business sector regulation by suggesting policies, preparing development programs and projects through developing the bet resources
Last updated: 24-12-2006
Licensing Requirements for businesses in Dubai, Terms and Conditions for conducting Business in the Emirate of Dubai
1. Nationals of the United Arab Emirates:
UAE nationals may conduct all commercial, professional and industrial activities subject to the approval issued by the concerned authorities depending upon the activities.
Business activities should be carried out through any of the following legal forms:
* Individual establishment
* Limited liability company
* Joint liability company
* Private shareholding company
* Public shareholding company
* Civil business company
2. Nationals of Gulf Cooperation Council Countries (GCC)
GCC nationals may conduct most commercial, professional and industrial activities, subject to the approval issued by the concerned authorities depending upon the activities. They are allowed to form the following legal entities to conduct business activities
* Individual establishment
* Limited liability company: one or more UAE national partner is required, with a shareholding of not less than 51% of the paid-up capital.
* Private shareholding company: one or more UAE national partner is required with a shareholding of not less than 51% of the paid-up capital.
* Public shareholding company.
* Civil business company: Two or more GCC nationals may establish a civil business company to practice a specific profession without a local services agent. However if there are one or more partners who are not GCC nationals, a local services agent who is a UAE national shall be appointed or included as a partner.
3. Citizens of Other Countries
Nationals of other Arab or foreign countries may conduct economic activities through any of the following legal forms:
* Individual establishment: For practising professional activities, and subject to the appointment of a local services agent who must be a UAE national.
* limited liability company: For carrying out any commercial or industrial activity, including one or more UAE partners whose shareholding shall not be less than 51% of the paid-up capital.
* Private shareholding company: Established to carry on any commercial or industrial activity, including one or more UAE national partners whose shareholding shall not be less than 51% of the paid-up capital.
* Civil business company: Two or more persons may establish a civil business company to practice a profession, provided that a local services agent, who must be a UAE national is appointed or included as a partner.
* Public Shareholding Company: Board of Directors takes the decision of allowing non-UAE nationals to become shareholders.
4. Foreign Companies:
Any company incorporated outside the United Arab Emirates may conduct any commercial, industrial or professional activity through one of the following legal forms:
* Branch of a foreign company
* Limited liability company: may be established to conduct any commercial or industrial activity, including one or more UAE national partners, whose shareholding shall not be less than 51% of the paid-up capital.
* Private shareholding company: this kind of company shall be established to operate any commercial or industrial activity, including one or more UAE national partner whose shareholding shall not be less than 51% of the paid-up capital.
* Public shareholding company: Board of Directors take the decision of allowing non-UAE nationals to become shareholders
(Source: Department of Economic Development)
GOVERNMENT WEBSITES
Last updated: 14-12-2006
Jebel Ali Free Zone Authority, Jebel Ali
Dubai Email :http://www.jafza.co.ae/jafza/content/contact/conta Tel :04 8812222 Web :http://www.jafza.co.ae/ Jafza is the one-stop-shop for companies to thrive. The Dubai-based corporation prides itself with excellent customer service and hassle-free procedures.
Dubai Chamber of Commerce and Industry (DCCI), Main Building of Dubai Chamber of Commerce, Bani Yas Road Email :dcciinfo@dcci.gov.ae Tel :04 2280000 Fax :04 2211646 Web :http://www.dcci.ae/ Dubai Chamber of Commerce & Industry (DCCI) was established in 1965 and soon became one of the pioneering chambers of commerce in the GCC countries. During its 40-year-old journey, the DCCI has been the backbone of the commercial and economic activities in the UAE and an indispensable source of competitive advantage for the business community in Dubai. Starting with 450 members only, the DCCI succeeded in attracting more than 79000 members thanks to its well-established strategy and mission it has adopted so as to be the first choice for support and assistance to businessmen and investors in Dubai.
Last updated: 23-12-2006
Department of Tourism and Commerce Marketing, Web :www.dubaitourism.ae Government of Dubai department
Last updated: 24-12-2006
UAE interact, Web :www.uaeinteract.com Huge collection of UAE related information
Last updated: 23-12-2006
Dubai Municipality, Web :www.dm.gov.ae Portal covering the activities of the Dubai administrative authority
Dubai Shopping Festival, Web :www.mydsf.com Promotion site for the Dubai Shopping Festival and Dubai Summer Surprises
Dubai Transport Corp, Web :www.dubaitransport.gov.ae Information on the services of Dubai's transport authority
Dubai International Financial Centre (DIFC), Web :www.difc.ae International center for banking, capital markets, insurance, asset management and other financial services.
Real Estate Department, Web :www.realestate-dubai.gov.ae Information from the government of Dubai on renting and developing villas, apartments, offices and showrooms
Dubai Financial Market, Web :www.dfm.co.ae Official site providing real-time market information
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