Status quo GCC Citizen, The states of the Gulf Cooperation Council (the UAE, Saudi Arabia, Sultanate of Oman, Qatar, Kuwait and Bahrain) signed the United monetary settlement in Riyadh on 7th June 1981, so as to coordinate and unify financial, economic, financial, industrial and business legislations and UAE advocated this agreement in 1982. it’s far conditional as in step with the Federal regulation No. 2 of 1989 regarding permitting the GCC citizen to conduct a commercial enterprise operation in UAE.
Setting up of Branch of GCC Companies in Dubai (Establishment GCC Citizen)
GCC Nationals can setup there company as sole establishment, LLC or Branch of GCC Companies in UAE.
Sole Establishment where GCC national Can be 100% shareholders.
If in case GCC national wants to open Company along with any other expatriate as Partner then the company will be open as LLC company , where 51% shareholder will be UAE National.
GCC Companies can setup their Branch companies in UAE as per rules & regulation of UAE Law.
International Business Setup Services (IBSS ) Expert Business Consultants can help client to setup there business in Dubai , Sharjah , Ajman Mainland Company as per the requirements.