United Arab Emirates

Operating a business

Different types of companies	Number of partners/shareholders	Maximum and/or minimum capital	Liabilities	Registration fees
The Sole Proprietorship is a single-member company.	1 person.	No minimum capital.	The owner is liable for the company's debts on his personal assets.	Minimum DH 10,000
Public Joint - stock Company	Minimum 10 partners.	Minimum DH 10 million.	Liability is limited to the amount contributed.	Minimum DH 10,000
Private Joint-stock Company	Minimum 3 partners.	Minimum DH 2 million.	Liability is limited to the amount contributed.	Minimum DH 10,000
Limited Liability Company	Minimum 2 partners. Maximum 50 partners.	Minimum DH 150,000.	Liability is limited to the amount contributed.	Minimum DH 10,000
Limited Liability Company	Minimum 2 partners.	No minimum capital.	Liability is unlimited for debts and obligations of the company.	Minimum DH 10,000
Limited Liability Company	Minimum 2 partners.	No minimum capital.	At least one partner must have an unlimited liability. Liability of other partners is limited to the amount contributed, if they do not take part in the company management.	Minimum DH 10,000

Business setup procedures: Companies must register with the Trade Register of the Emirate where the company is settled. Trade Registers are under the control of the Ministry of Economy and Trade. Furthermore, any corporatation requires the granting of a license.