An early permission indicates that the Government has no objections to the company's operation in the nation. It also permits the investor to move on to the following phases in the business setup process. It doesn't, however, give you permission to conduct or practise your company.
Before receiving first clearance, foreign investors must receive approval from the GDRFA- General Directorate of Residence and Foreigners' Affairs.
Before requesting for the initial approval, some activities require extra approvals from Government organisations linked to that particular firm. These operations involve legal and security matters, as well as equity assets and commodities.
After completing the following requirements, investors can get a business licence via the economic departments' service centres or through their website.
The legal form is mostly determined by the needs of the firm. Furthermore, the legal form serves as a foundation for determining which laws and regulations apply. An investor in the UAE can choose from one of the following legal structures:
