In Dubai, the minimum capital is currently Dh. 300,000 (US$ 82,000), contributed in cash or in kind. While foreign equity in the company may not exceed 49%, profit and loss distribution can be prescribed. Responsibility for the management of a limited liability company can be vested in the foreign or national partners or a third party.

UAE nationals or companies 100% owned by UAE nationals may be appointed as local agents (which should not be confused with the term "commercial agent"). Local agents -- also sometimes referred to as sponsors -- are not involved in the operations of the company but assist in obtaining visas, labour cards, etc and are paid a lump sum and/or a percentage of profits or turnover.

All Dubai-established companies except 100% law requires :

It sets out the requirements in terms of shareholders, directors, minimum capital levels and incorporation procedures.In general, branches and offices of foreign commercial companies are not licensed to engage in importing activity except for re-export or in the case of products of a highly technical nature.

To establish a branch or representative office outside of the free zones in Dubai,a foreign commercial company should proceed as follows:

The categories of business organisation defined by the law are:

General partnership company;Partnership-en-commandite;Partnership-en-commandite;Share partnership company;Partnerships and the below categories are organised.

• Joint venture company:

  A joint venture is a contractual agreement between a foreign party and a local party licensed to engage in the desired activity. The local equity participation in the joint venture must be at least 51%, but the profit and loss distribution can be prescribed. There is no need to license the joint venture or publish the agreement. The foreign partner deals with third parties under the name of the local partner who - unless the agreement is publicised - bears all liability.

• Public shareholding company:

  The law stipulates that companies engaging in banking, insurance, or financial activities should be run as public shareholding companies. Foreign banks, insurance and financial companies, however, can establish a presence in Dubai by opening a branch or representative office.

• Private shareholding company:

  Shareholding companies are suitable primarily for large projects or operations, since the minimum capital required is Dh. 10 million (US$ 2.725 million) for a public company, 40 million for banks and 25 million for insurance and investment companies, and Dh. 2 million (US$ 0.545 million) for a private shareholding company. The chairman and a majority of directors must be UAE nationals and there is less flexibility of profit distribution than is permissible in the case of limited liability companies.

• Limited liability company:

  A limited liability company can be formed by a minimum of two and a maximum of 50 persons whose liability is limited to their shares in the company's capital. Such companies are recognised as offering a suitable structure for organisations interested in developing a long term relationship in the local market.

It is an exciting destination both for travellers seeking thrills and adventure and for expatriates seeking a healthy employment climate and a tax free lifestyle.

In terms of those who holiday in Dubai they are divided into a number of categories – you have shopoholics who come for the tax free prices on luxury goods and jewellery, you have those who want an adventure in and around the ancient and fascinating heart of Dubai, you have families keen to hit the theme parks and adventure centres and those who come for the sporting highlights of Dubai such as the world class golf, polo, diving and desert safaris.

Employment prospects in the city rise annually by an average of 8.3% and the increasing availability of quality jobs has attracted record numbers of expatriates to the region. The appeal of Dubai lies in the fact that it is a liberal and moderate emirate and it has attracted major players from every single significant business sector of note because of the tax free trade zones Dubai is famous for. These industry giants from the media, IT, engineering and financial sectors for example can recruit internationally and many offer their staff a tax free salary with attractive relocation benefits on top meaning they attract the best, most dynamic employees from around the world.

compensation elements such as; housing; travel; health insurance; education; training and other allowances.The ideal candidate... understanding of employment law, local customs and practices and how this applies to the administration of payroll processes..

Future demand for Dubai properties, for the foreign investor looks very secure with reported Capitol appreciation in recent years showing 15-25% annually. And Dubai property rental returns showing between 10-20% annually as well, and these returns are tax free.

Dubai's future is based upon creating a vibrant tourist market with 15 million tourists by the year 2010. With a business environment based around the Dubai property market, Dubai is looking at a prosperous future.

All property purchase in Dubai is within special zones designated by the government .we advise that you take legal advice before hand.At the same time giving people from other parts to purchase properties on Dubai soil.

Dubai proves to be a great city in terms of affordable luxury living and a tax free environment which includes tax free shopping as well. This is the major attraction for Dubai property investors from all over the world to invest in Dubai property and above that it constantly point towards a good capital growth for the country thus making Dubai property an eye-catching scheme

we see that Dubai property offers a lot of options both for the investment and for buying purposes. From past few years Dubai property has shown a swift development and with tax free lifestyle and other facilities people are constantly trying to make Dubai as their second home by investing their hard earned money in Dubai property.

Dubai property investors often look for various factors before purchasing any kind of property but as far as Dubai property is concerned this is the safest gamble that anyone can play in the current scenario.

All the residential and commercial districts of Dubai are proving supportive to the buyers in terms of Dubai property. No matter whether that Dubai property has to be purchased or you are taking it just from the investment point of view, it will surely give you great profitable returns.

The properties market will continue to grow in Dubai, and with the tax advantages Dubai bestows, and it is a great place to live.