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Legal and Regulatory Requirements for Dubai Mainland Company Setup

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Legal and Regulatory Requirements for Dubai Mainland Company Setup

Beskrivelse:
Setting up a Dubai mainland company involves adhering to specific legal and regulatory frameworks. Key requirements include obtaining a trade license from the Department of Economic Development (DED). The DED will assess the proposed business activity and ensure it aligns with Dubai's economic plans. Additionally, companies must comply with local labor laws, including obtaining work permits for foreign employees and adhering to minimum wage regulations. Corporate governance standards and financial reporting requirements must also be met. Foreign investors may need to partner with a local sponsor, who holds a majority stake in the company. Understanding these legal and regulatory obligations is crucial for ensuring a smooth and compliant company setup process in Dubai.


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Utløper: 2024.12.11 (om 18 dager)
Lagt til: 2024.09.12
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