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Business Setup
Business Registration Services:
 
UAE Local Market (LLC)
Limited Liability Company (LLC) is the most common form business in UAE. A Limited Liability Company can be formed by a minimum of 2 and a maximum of 50 shareholders whose liability is limited to their shares in the businesses capital.

Most companies with foreign partners have opted for the Limited Liability Company, due to the fact that this is the only option that will give maximum legal ownership i.e. 49% to the expatriates for a local business. As it is mandatory to have a UAE national as a partner in the LLC (51% shareholding) prospective investor has the option to choose the one UAE national (sponsor) as a partner in the company.

LLC is flexible and differential profit sharing arrangements also possible. This permits the foreign investor a great edge as 51% legal equity is with local partner.

UAE Free Zones (FZC & FZE)
Free Zones (also known as free trade zones) are designed for boosting international business through providing 100% ownership to expatriates and single window administration convenience. In UAE, Free Zones are either attached to ports or industry specific.

Free Zone Incentives:
1. 100% Foreign company ownership
2. 100% Repatriation of capital and profits
3. 100% Corporate, Personal Income Tax exemptions
4. Exemption from all import and export duties
5. Abundant and inexpensive energy
6. Inexpensive workforce and easy recruitment procedures
7. One-stop-shop Administration services
8. On-site customers inspection
9. Companies at Free Zone can operate 24 hours a day

Business Trade License Registration (New / Renewal)
Business Without Borders is fully committed when it comes to new and renewing of Business Licenses. We will make sure that the Documents required is fully prepared and renew the license before its expiry date to avoid any penalties / fines that maybe imposed. Whether it is an LLC Company, Free Zone, Offshore or BVI Company, we can renew it anytime.

Share Transfer & Amendment on License
Shares can be transferred from a shareholder to another person (either a new or existing shareholder). Shares are transferred by way of gift or sale. Typically, shares are transferred to introduce a new shareholder. So long as a company has enough shares, it is possible to transfer shares in a company any time after incorporation.

Corporate Documents of the Company specially the License must be amended following the share transfer to update the documents and put the new shareholder Name in the License

Liquidation of Company & Closure Certificates
No matter of what type of business you own in the UAE, you must cancel your business licence and all related permits associated with it when you have made your decision to close it down. This page provides a summary of the formalities for closing your business and cancelling its licence properly.

It is important for relevant government entities to know that you are no longer in the business so you will avoid any accumulated fines and penalties incurred upon your licence, when it is not renewed upon expiry date.

If you are in a shareholding company, it is important to discharge your liabilities towards creditors and partners and protect your interests and shares.

It is also wise to put your goodwill and business reputation in perspective, if you decide to open a business again.

Business Brokerage
Business Without Borders can assist buyers and sellers of privately held business in the buying and selling process. We typically estimate the value of the business, advertise it for sale with or without disclosing its identity, handle the initial potential buyer interviews, discussions, and negotiations with prospective buyers, facilitate the progress and generally assist with the business sale.