info@businesshouse-uae.com
 04-2554395
  Sat-Thurs: 9.00-18.0
v>


Private Shareholding Company Dubai

Private Shareholding Company refers to possession of a big business corporation in two diverse behavior —first, referring to ownership by non-governmental organizations and second, referring to ownership of the company’s stock by a relatively small number of holders who do not trade the stock publicly. Private Shareholding Company in UAE is incorporated by minimum three members. Private Shareholding Company in UAE not allow public for share subscribing. Private Shareholding Company is incorporated by a number of persons not less than three. Unlike public shareholding company, a private shareholding company cannot invite the public for subscribing in its shares. The minimum share capital to form a private shareholding company is AED 2 million. (US $ 544,959). The Chairman and majority of the Directors in a private shareholding company must be UAE nationals.

Private Shareholding Company

A Private Shareholding Company in UAE is incorporated by a number of persons not less than three. Unlike public shareholding company, a private shareholding company cannot invite the public for subscribing in its shares.

It is a company incorporated by a number of persons not less than three. Such a company cannot invite the public for subscribing in its shares, the founding shareholders subscribe in full the paid-up capital which should not be less than one million dirhams. A private shareholding company must have a minimum of three shareholders. The minimum capital of a private shareholding company is DH 2 million. Shares may not be offered to the public. The private shareholding company’s incorporating documents must preclude public offering of shares.
Except for the foregoing, all the provisions which apply to the public shareholding companies shall apply to the private shareholding companies, and the incorporation of the company shall be in accordance with the procedure and conditions followed in respect thereof except for the public subscription in the company’s shares.