ARTICLE
14 June 2012

Why Set Up A Local Company In Dubai?

AM
Dr Hassan Elhais

Contributor

Dr. Elhais, with his vast legal expertise spanning family, arbitration, banking, commercial, company, criminal, inheritance, labour, and maritime law, is dedicated to providing top-tier legal solutions. As an integral member of the team at Awatif Mohammad Shoqi Advocates & Legal Consultancy in Dubai, he contributes to the firm's mission of delivering comprehensive legal counsel across the UAE. The team, as a whole, is committed to maintaining the highest levels of integrity, confidentiality, and discretion. Initially making his mark in criminal and public law, Dr. Hassan made the decision to move to Dubai in 2006, marking a significant step in his legal career. Since joining Awatif Mohammad Shoqi Advocates & Legal Consultancy, he has been an active contributor to the firm's growth and reputation. Dr. Hassan is known for his dedication to transparency in legal dealings and fee structures, a reflection of his solid ethical values.
Since Dubai has become a financial hub and a pathway to the East, companies that engage in all types of trading or business are no looking to establish a presence here.
United Arab Emirates Strategy

Since Dubai has become a financial hub and a pathway to the East, companies that engage in all types of trading or business are no looking to establish a presence here. Our office, with its specialized business consultancy division, is fully equipped with qualified staff to handle Local Company registrations, which are an excellent way to enable you to establish a presence here in Dubai and operate within the local jurisdiction.

We at Al Rowaad are experts in establishing the necessary local partnerships when it comes to establishing a company in the environment outside of a freezone. Specifically, we have excellent ties with local partners who are able to give you the comfort and security to run your business in the UAE market with confidence that you have a secure backing.

You have various options when it comes to incorporation of a local company, and the seven categories of business organisation defined by the Law are: General Partnership Company, Simple Limited Partnership, Private Joint Stock Company, Limited Liability Company, Partnership Limited with Shares.

The most common is the Limited Liability Company (LLC) which is characterized by limited liability, and each of the partners shall only be liable to the extent of his share in the capital.  Other than the insurance, banking, and investment businesses for others, the Limited Liability Company is relatively flexible in that it enables any legal business to be carried out.

Al Rowaad Advocates & Legal Consultancy is a full-service law firm committed to delivering excellent service to its clients and their businesses on all difficult and important matters. Established in 2003, the firm was recently renamed Al Rowaad Advocates & Legal Consultancy, the company's license owner, with an office in the most prestigious location in Dubai – the Monarch Office Tower. With a specialized business consultancy division, you can rest assured that your business needs will be dealt with in the most effective and efficient ways possible.

So, with a process that is straightforward, you can have a Dubai Entity and business address within a few days. Why wait? With specialists in Local Business establishment at Al Rowaad, book your appointment today to see how a local company can benefit you and your business.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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