Civil Company Setup in Dubai
UAE has a lot of opportunities for the foreign entrepreneurs or investors to build up their venture anywhere in the country. Several options like mainland business setup and free zone business setup with 100% owned by foreign individual shareholders or foreign corporate shareholders are available in UAE. A civil company is a mainland professional partnership firm which can be 100% owned by more than one foreign individual/ corporate shareholder but you require a local service agent in UAE to undertake all the government procedures. This agent does not hold a stake in your company & doesn’t have any administrative or managerial powers in the company. A civil company is one of the perfect business structures you can think about as it can allow you to create a name for yourself and your area of expertise in the region. We at Bytes are always here to help you in civil company formation in Dubai.
Benefits of Civil Company Formation in Dubai
There are several advantages you get upon civil company setup in Dubai. Let’s have a look.
The best aspect of setting up a civil establishment is that it provides a super-quick and simple setup. The total startup expense is comparatively small, and when registering a civil company in the UAE, the system does not even require you to invest in paying upfront share capital. The civil company setup in the UAE helps you experience 100% foreign ownership while not requiring you to affiliate with a local sponsor. With setting up a civil company in Dubai, opening a corporate bank account in the UAE is also easy and much more straightforward.