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How to transfer the complete ownership of a UAE company to a foreign LLC company?

Dear sir/madam,

We have a small software services business (100% LLC owned). We want to transfer the complete ownership to a foreign LLC (based in Delaware, USA).

Can you please provide guidance on steps, documents, etc.?

We would like to continue the business activities in the UAE without any changes.

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Laila Hamza Al Mulla Advocates and Legal Consultants
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18 Mar 2022, 17:03

Hello,

We are pleased to serve you and provide the required services.

First, the owner or owners of the foreign company must be the same as the partners of the branch company located in the UAE.

It is required to submit the partners’ papers, a copy of the foreign license, and a power of attorney from the partners abroad to a lawyer in the UAE to complete the procedures or to one of the partners with the choice of an agent in the UAE who is an Emirati.

All you have to do is to obtain legal advice from a competent legal advisor or authorize us to carry out the necessary legal procedures.

Kindly contact us via phone or email for further assistance.

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