Frequently Asked Questions

Frequently asked questions

1.If I have 51% local partner, would I still be in full control of my business?

Although the UAE law requires 51% of the shares in a LLC be held by an Emirati in his individual capacity or by a 100% UAE owned company, full control of the business, finance and day-to-day decision making is lies with the 49% shareholder or the foreign party.

For more information on how Fusion Middle East, the local partner of choice, can assist you with establishing your company in the UAE, contact us here.

2. What documentation is required to open a company in the UAE?

Depending on the nature / activity of the business, the documents could range from as little as a copy of a passport to the below list legalised, notarised and attested in the country of origin and at the UAE Ministry of Foreign Affairs (MoFA) in the UAE:

  • Board Resolution
  • Power of Attorney
  • Commercial Registration
  • Articles of Association

For more information, please contact us here.

3.Does Fusion offer additional services other than company formation to support businesses in the UAE??

Fusion Middle East is not limited to establishing the company but has the ability to provide additional services like license renewal, residency visas and liaising between the numerous government departments.

For more information on how Fusion Middle East, the local partner of choice, can assist you with establishing your company in the UAE, contact us here.

4.Is it necessary to visit the UAE to set up a company?

Although, it is not necessary to visit the UAE to establish the business, the foreign party would need to provide the required documentation including a Power Of Attorney (POA) to allow Fusion Middle East to act and engage with the necessary Government departments on behalf of the foreign party.

For more information on how Fusion Middle East, the local partner of choice, can assist you with establishing your company in the UAE, contact us here.

5.How much time will it take to set up a business in the UAE?

Depending on the nature and the structure of the business being established in the UAE, the time could range from 4 – 6 weeks, however, Fusion Middle East is known to complete the process a lot sooner.

For more information on how Fusion Middle East, the local partner of choice, can assist you with establishing your company in the UAE, contact us here.

6.What documents are required for trade license renewal?

Office lease Agreement and Ejari Certificate. The existing lease and Ejari Certificate is valid for 12 months and therefore needs to be renewed annually. If the company has moved then the lease / new location needs to be registered. If not, a new lease should be provided, signed and a new Ejari Certificate obtained by the landlord.

 

Commercial License, Commercial Register and Dubai Chamber Membership Certificate. Both Commercial license (“CL”) and Commercial Register (“CR”) are issued together.  With the new lease agreement and Ejari Certificate we can commence with the license renewal. Upon renewal of CL & CR, the extension of company membership will be registered with Dubai Chamber of Commerce (“DC”).

7.What documents are required for renewal of visa application?

For the residency visa renewal, the PRO would require the original passport with the visa page of the employee along with the company / sponsors e-signature card for the renewal process.

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Affiliated Companies

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