How to develop a company in the UAE? Pros and cons of different types of companies

Farida Isaeva and Mokhinur Bakhramova

An important aspect of a business organization in the UAE is the right choice of a legal entity. Selecting such a situation may depend on your business location, strategic goals and direction, and other factors. Depending on how you manage your business in the local and foreign markets, you need to define the type of legal form of your potential company. Several years since the United Arab Emirates State worked hard to improve the economic environment. The Government introduced a law No.2 dealing with trading companies in 2015. According to this new law, all companies in the United Arab Emirates must change their work until June 2016. The new law now enacts the law of holding companies.

Volume 11 | Issue 7

Pages: 915-921