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Incorporation Procedures
The UAE believes in positive interaction, which is why I am immensely pleased to pen the foreword for this book, 'Doing Business in the UAE & UAE Free Trade Zones.' The title is an open invitation to the world to enjoy the warmth of Arabian hospitality, and enhance their business fortunes in this cosmopolitan country that welcomes every one with open hands.
	PROCESS OF ESTABLISHING AN 'LLC'
	Obtain initial approval for name and activity from the Department of Economic Development or the Economic Development Department/Municipality/the Chamber of Commerce. Obtain approval from concerned Ministry/Department in case the activity is of special nature Draw up company's Memorandum of Association and have it notarized from courts of respective Emirates. Capital contribution certificate to be obtained from banks for cash shares and auditor's certificate for both cash shares and kind shares
	Submit applications and initial approval along with notarized copy of Memorandum of Association, capital certificate, tenancy contract etc., to the Department of Economic Development or the Municipality.
	After scrutiny by the legal department, the Company name will be entered in the Commercial Register and have its Memorandum of Association published in the Ministry of Economy and Commerce Bulletin. The Department of Economic Development or the Municipality will then issue the license.
	Department of Economic Development: Licensing Authority in the Emirate of Dubai
	Economic Development Department: Licensing Authority in the Emirate of Sharjah
	Municipality/Chamber of Commerce: Licensing Authority in other Emirates
	ACTIVITIES THAT REQUIRE SPECIAL APPROVAL
	License to practice majority of the activities are directly issued by the licensing authority in the respective emirate. However, certain activities require special approval from the related Ministry/Department. (for e.g., medical, pharmacy etc - ministry of health; air transport, air cargo etc - dept. of civil aviation, financial institutions, banks, money exchange etc - central bank; new industrial project, expansion - ministry of finance and industry; publishing, printing, newspaper, advertising, video film, photography etc., - ministry of information; education, training etc., - ministry of education; agriculture, veterinary etc - ministry of agriculture; customs clearance, freight forwarding, sea cargo etc. - seaports & customs authority, telecommunication equipment - ministry of communication; branch of foreign company, insurance company, chartered accountants firm etc. - ministry of economy & commerce)

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