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Joint Venture Company in UAE

Joint Venture

  • Joint Venture Company in Dubai

    Joint Venture Company in Dubai

    Local party with foreign party are licensed to get involved in certain business activities on contractual accords is a concept of Joint Venture. it is good for the firms working on specific projects.

    Local equity participation must be at least 51%
    • Profit and loss distribution cane on mutual understanding
    • There is no need to license the joint venture or publish the agreement.
    • Foreign partners use the name of local partners to deal third parties unless the contract is publicised.