Setting up a business in the United Arab Emirates (UAE) can be a promising venture due to its vibrant economy, strategic location, political stability, and progressive policies. However, the process involves a range of bureaucratic and legal procedures, including the preparation of several specific documents.
In this blog post, we’ll guide you through the documents required for company formation in the UAE, focusing on the variations based on licensors, activities, and shareholding. We’ll also provide tips for new entrepreneurs to help them compile documentation effectively.
Documents required for setting up a company in the UAE may vary depending on the licensor (the free zone, mainland, or offshore), the nature of the company’s activities, and its shareholding structure. For example, companies in the free zone area may require less documentation than those on the mainland due to the differences in the registration processes.
Regarding company activities, a trading company may need different documents than a manufacturing or service company.
The shareholding structure also impacts the type of documentation required. For instance, a sole proprietorship would require different documentation than a limited liability or public joint-stock company. A corporate shareholder has to produce different documents compared to an individual shareholder.
But overall, these documents include documents to prove the shareholder’s identity and documents to locate the shareholder, among other things.
For individual shareholders involved in the formation of a company in the UAE, the following documents are generally required:
Documentation for Corporate Shareholders
For corporate entities that wish to be shareholders in a UAE company, the document requirements are a bit more extensive:
Foreign companies looking to set up a business in the UAE must provide their documents attested by the UAE embassy in the respective country and by the Ministry of Foreign Affairs (MOFA) in UAE:
Further, these documents must be translated into Arabic if they are in a language other than English or Arabic.
For new entrepreneurs, here are some tips to ensure that your documentation process goes smoothly:
While setting up a company in the UAE may seem complex due to the number of documents required, it becomes manageable when broken down step by step. Understanding the requirements, preparing in advance, and enlisting professional help can make the process seamless and efficient. Schedule a free consultation with our business set-up executive for a list of requirements specific to your line of business.