1. What is the legal system for formation of company and doing business in Dubai?

Dubai government has got specialized department called Dubai Economic Development Department for registering all kind of businesses in Dubai. For any investor to do a business in Dubai has to avail a trade license from this department.

2. Do I need to have a local partner for staring business?

Yes. For setting up a business in Dubai you need to have a local UAE national as a partner the in the company for Limited Liability Companies and as a service agent for professional licenses.

3. What sort of things could I use my company for?

Companies registered with Dubai Economic Development Department can do the business for the activities approved and can have following privileges.

• To own assets in the name of company.
• To accumulate tax-free profits.
• The partner can avail an investor visa and can sponsor his family to stay in Dubai.

4. Do I have to come to Dubai to set up my company?

Yes. The investor has to come to Dubai for setting up company, as his signature is required before public notary in Dubai court while notarizing LLC document and for opening of bank account for the company.

5. Can I have a bank account?

After your LLC Company is registered, you can open a bank account for your company and after stamping your investor visa, you can open a personal account as well.

6. Can you own property in Dubai now?

Yes you can own a property in Dubai. As an individual buyer you can own a property in the specific freehold sector designated by the government and as a company (LLC) any where in Dubai.

7. Will Aryene Management provide me the full assistance for the business?

Yes. We will provide all assistance required to form the company.