Yes, foreigners can fully own businesses in UAE Free Zones. For Mainland companies, recent reforms have allowed 100% foreign ownership in many sectors, although some activities may still require a local sponsor or service agent.

Incorporating a company in the UAE typically takes between 1 to 4 weeks, depending on the complexity of the business setup and the type of licenses required. Free Zones tend to have faster processing times compared to Mainland setups.

The process of incorporating a company in the UAE involves several steps, and our team at Sterlinx Global will guide you through each one:

1. Choose a Business Activity

Determine the nature of your business activity and ensure it aligns with UAE regulations.

2. Select a Legal Structure

Choose the appropriate legal structure for your business, such as a sole proprietorship, partnership, or corporation.

3. Register Your Trade Name

Select a unique trade name and register it with the Department of Economic Development (DED).

4. Obtain Initial Approvals

Secure initial approvals from relevant authorities, depending on your business activity and location.

5. Prepare Legal Documents

Draft and notarize the necessary legal documents, such as the Memorandum of Association (MOA) and Articles of Association (AOA).

6. Lease Office Space

Lease a physical office space in compliance with local regulations and obtain a tenancy contract.

7. Finalize Registration and Licensing

Submit all required documents to the relevant authorities to finalize your company registration and obtain the necessary licenses.

Commonly required documents include passport copies, proof of address, a business plan, and legal documents like the MOA and AOA. The specific requirements may vary based on the type of company and business activity.