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Choosing Your Business Structure Guide

One of the most important aspects of setting up a company in Dubai is choosing your business entity. It does not only provide a business structure to your company, but it also directs how you will meet legal requirements.
To help you choose which business entity you should use, it is vital to understand available options. By doing so, you would be able to determine effectively which one you should choose.

Sole Proprietorship

A sole proprietorship is a business entity that allows you to own 100% of your business. This also gives you full control over all its operations as well as its profits. If you own your business solely, this means that you would also be liable for any debt or financial duty that you may incur.

Limited Liability Company

A Limited Liability Company or LLC is among the most common business structures when it comes to setting up a company in Dubai. LLCs are used if you intend to make business within the UAE mainland. However, it should be noted that if you are a foreigner, you are not permitted to have a 100% ownership of your business. Instead, you can only hold a maximum of 49% of ownership and the rest should be owned by one or more UAE nationals.

Civil Company

Civil company is unique in such a way that it is basically a business partnership among professionals such as engineers, lawyers, accountants, and doctors. In this business structure, the civil company is owned by the professionals themselves.

Branch Office

Branch office or representative office operates under the name of its parent company. A branch office can only perform the same business activities to what its parent company is allowed to do. However, a branch office may not be permitted to import products from its parent company directly since this function is only done by local trade agents.
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Location: Dubai - United Arab Emirates

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