If you want to start a business in one of the free zone areas in the UAE, you must approach the respective free zone authourity to get a licence. See a list of free zones established across the UAE. Economyae UAE_portal
, you can form an FZ Co. with a minimum share capital of AED 1000. Each share should be in the denomination of AED 1000., the minimum share capital for forming a free zone company is AED 50,000 per company and AED 10,000 per shareholder.
For a company to be issued a General Trading Licence, it should have a minimum of AED 1 million share capital.While you are deciding upon the type of legal entity your business should take, you should choose a trade name. In most cases, you should check either with the respective free zone authority or the respective with the Department of Economic Development about the permitted trade names and whether the intended name has already been registered., you cannot use 'Abu Dhabi' and/or 'United Arab Emirates' in the name of the FZ-LLC or the branch.In general, for DED to approve the proposed trade name, the key requirements are that the trade name:must be followed by the legal form of the company, for example is compatible with the required type of activity and legal status should not contain names of any religion, or governing authority, nor names or logos of any external bodies.
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