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JAFZA RAKIA RAKFTZ Minimal Number of Directors 2 1 1 Corporate Shareholder Allowed Allowed Allowed Corporate Director(s) Not Allowed Allowed Allowed Nature of Shares Registered Registered Registered Minimum Capital (AED) 1,000.00/- 1,000.00/- 1,000.00/- Time Scales (upon receipt of full documentation) 4-5 days 2-3 days 2-3 days Legalization Process of POA & Corporate Documents Legalization & Super-legalization mandatory Apostle Sufficient Apostle Sufficient Shareholders physical presence Required Not Required Required Applicable law UAE UAE Any country can be opted for Own property in UAE Only purchase Dubai Holdings, Emaar, Nakheel and Dubai World properties NA NA
city and a business and cultural hub of the Middle East and the Persian Gulf region. It is also a major transport hub for passengers and cargo. The city has become symbolic for its skyscrapers and high-rise buildings, in particular the world's tallest building, the Burj Khalifa.
As per consulting firm Mercer, Dubai was rated as one of the best places to live in the Middle East. As of 2012, Dubai is the 22nd most expensive city in the world and the most expensive city in the Middle East. .
COMPANY INCORPORATION: THE PROCESS
Upon agreement of our proposal/quotation, an engagement agreement will be executed between the two parties, and the documents supplied for the shareholder(s), director(s) and secretary(s) will be verified to prepare the documents. The documents will be signed in the presence of the registrar.
After company registration with the relevant jurisdiction, the shareholder(s) and Director(s) can then proceed to obtain a bank account internationally or locally.
The documents of corporate kit include:
1. Memorandum and Articles of Association [original]
2. Certificate of Incorporation
3. Company Stamp
4. Disbursements not including courier fee