Requirements for Setting Up a Holding Company in Dubai

A holding company is a company that owns the shares or stocks of other companies.  Such a company neither provides services nor manufactures any product or involve in any form of trading. The main advantage of these companies is to reduce the risk of owners but at the same time allows ownership and control of numerous companies.

The registration process of a holding company is the same as the incorporation of any other type of entity. One can register any of these business forms as a holding company in Dubai:

• Limited Liability Companies.
• Joint-Stock Companies.
• Free Zone Companies.
• Offshore Holding Companies

Listed below are the requirements for setting up a holding company in Dubai:

1. Select the location and jurisdiction

If you wish to set up a holding company, the first step is to choose your location and jurisdiction whether it is a free zone or mainland Dubai or Offshore depending on your investment. The right location and jurisdiction are crucial.

2. Fulfil the registration requirements

For setting up a holding company, one must abide by the standards of the Dubai company act. Requirements depend upon the structure of the holding company.  The application process can be delayed if there are any omissions or errors in your application.

3. Appointing a managing board

Appoint a managing board that ensures the creation of a policy that needs to be followed by the subsidiaries.

4. Share capital requisites

Ensure that the company’s capital requirements are meeting its subsidiaries’ operational requirements.

5. Registration

The registration process of a holding company does not take much time irrespective of its location; mainland Dubai or a free zone or offshore.

Documentation requirements for a holding company in Dubai

Passport copies of the shareholder with a validity of at least 7 months from the date of application.

A proof of address document is required for each shareholder and director. This can be in the form of a:

• Utility bill
• A bank statement
• A tenancy contract

A phone bill with the shareholder’s address (less than 3 months old)

The team of experts at Corpin Consultants can guide you through all aspects of the holding company set up, including all licensing and regulatory approvals, employee and investor residency and visa requirements. Contact us today for a free consultation.[/vc_column_text][/vc_column][/vc_row]