Almost all foreigners intending to do business ‘onshore’ (outside of designated business zones known as ‘free zones’) in the UAE must associate with a UAE resident or a company fully owned by UAE nationals, according to the UAE legal framework. However, it is important to note that the preceding is currently being reviewed in reference to specific industries.
Foreign businesses can operate from the UAE by registering an overseas branch and entering into a contractual sponsorship agreement with a local party, or by forming a limited liability company (LLC) in which local partners hold a majority of the issued shares (though not necessarily the economic rights), or by forming Free – zone Companies and Establishments; Offshore Companies.
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