The most common form of business in the UAE. Dubai requires a share capital of AED. 300,000 but this varies by Emirate[e.g Sharjah, Abu Dhabi etc..], by Free Zone, and by activity. e.g. The new procedures for incorporation in UAE for Real Estate Brokers who wish to rent out property in their own name is to now give a bank guarantee of around AED 1 million. |