Types of Companies in UAE

1. Sole Proprietorship:

Ownership: Owned by a single individual.
Liability: The owner of the company is responsible for the company’s debts.
Activities: Suitable for small businesses and freelancers.

2. Partnership:

Ownership: Two or more individuals shared business
Liability: Partners have unlimited liability, and their personal assets may be at risk.
Activities: Ideal for professionals like lawyers, doctors, and consultants.

3. Limited Liability Company (LLC):

Ownership: Can be owned by a minimum of two and a maximum of fifty shareholders.
Liability: Shareholders responsibility limited to their share capital.
Activities: Suitable for small to medium-sized businesses in various sectors.

4. Private Joint-Stock Company:

Ownership: Requires a minimum of three founders.
Liability: Shareholders responsibility limited to their share capital.
Activities: Suitable for businesses aiming to raise significant capital.

5. Public Joint-Stock Company:

Ownership: Requires a minimum of ten founders.
Liability: Shareholders responsibility limited to their share capital.
Activities: Suitable for larger enterprises seeking access to public capital markets.

6. A Foreign Company’s Branch:

Ownership: A foreign company can establish a branch in the UAE.
Liability: The foreign parent company is typically responsible for the branch’s obligations.
Activities: Allows foreign companies to extend their presence in the UAE.

7. Free Zone Company:

Ownership: Allows foreign ownership up to 100%.
Liability: Limited liability, where personal assets are generally not at risk.
Activities: Ideal for businesses that want tax benefits and full foreign ownership.

8. Offshore Company:

Ownership: Allows 100% foreign ownership.
Liability: The liability limited to share capital.
Activities: Typically used for holding assets, international trading, and wealth management.