For 12+ Years MSZae of Accounts is established in UAE to render servicesin Accounting & Book Keeping,Product Registration,Business Setup in UAE.Our Team of highly qualified professionals are providing financial, corporate and technical business solutions.

Get In Touch

Call Now

+97142584989

Quick Email

info@msz.ae

Dubai’s Business Safeguard The Crucial Functions of Holding Companies

  • Home |
  • Dubai’s Business Safeguard The Crucial Functions of Holding Companies
  • October 23, 2024

MSZ provides expert assistance to individuals and businesses worldwide, helping them establish and expand their operations in the United Arab Emirates and Saudi Arabia. Whether you're launching a new venture or seeking to grow an existing business, MSZ.ae is committed to helping you make informed and strategic decisions for your company's success.

The Holding Company in Dubai as a term used for any organization or firm which possesses the stock of other companies. A purpose of a holding company in Dubai is to own the shares of other companies. But, a holding company in Dubai is not allowed to carry out business activities such as providing services or manufacturing goods.

An important function of a holding company:

It decreases the risk of owners and at meanwhile allows ownership as well as control of several companies.

Categories of holding companies in Dubai:
  • The onshore holding company
  • Free zone holding company

An expat must have a local partner who will own 51% of the company to register an Onshore holding company.

To register Free Zone Holding company, the foreign investors are allowed to have 100% foreign ownership

Functions of Dubai Holding Company:

The holding company in Dubai must have a director or a management board depending on its type. The company management should create the regulations of the holding company and supervise its activity. As for holding companies that may also open subsidiaries in Dubai, the management is also in charge of their supervision. The management should ensure the holding company has the necessary capital to operate.

Types of entities:
  • Limited liability companies
  • Joint-stock companies
  • Free zone companies
Minimum Investment for Dubai holding company
  • There is no minimum share capital to set up Limited Liability Companies
  • You will require minimum AED 10 million to set up a public shareholding company in Dubai.
  • You will require AED 2 million to set up a private shareholding company,
  • Free zone companies start from AED 51,000 but it also varies in the free zone as well as an activity you choose.

The foreign investors can also enlist partnerships as holding companies in Dubai. To set up the company, one must prepare the Memorandum of association and Articles of Association and file them together copies of their identification documents with the Department of Economic Development (DED).

Note: The UAE legal representative must be appointed to register the holding company in the Emirate.

Starting a holding company has a huge scope of growth. It can be a challenge when it comes to the business setup procedure in Dubai. You must have the business consultants with you to assist and guide you. Click Here to Contact MSZ or Email to info@msz.ae.

Contact MSZ Support

We’re dedicated to offer immediate, tailored support, prioritizing your business needs. Your success is our priority.

Why MSZ for your Business?

We help individuals and enterprises from across the world launch and grow their operations in the United Arab Emirates. Whether they are new companies or existing ones. We at MSZ.ae are ready to help you make wiser decisions for your company. Expertise in offering Accounting & BookKeeping Solutions & assistance for establishing a business formation in the UAE, helping customers with their establishment & maintenance needs.

MSZ specializes in business setup, accounting and bookkeeping, and product registration to support companies in the UAE and Saudi Arabia.

Yes, MSZ offers expert assistance with product registration to ensure compliance with local regulations, making it easier for businesses to launch products in the market.

Absolutely, MSZ provides full accounting and bookkeeping services, helping businesses maintain accurate financial records and meet regulatory standards.

Index