Private Share Holding Company In Sharjah
Danburite Corporate provides great support for setting up Private Shareholding Company in Sharjah . As Danburite Corporate has already assisted several companies to set up in Sharjah, we can offer you bespoke company formation solution Sharjah. A Private Joint-Stock Company or Private Shareholding Company is a partnership of at least three individuals. The partners of private partnership must invest a minimum capital of AED 2,000,000 in the business. Such companies can be formed for any commercial or industrial type of business in Sharjah. A Private Joint-Stock Company is subject to all rules and regulations that apply to Public Joint Stock Companies, except for the rules and regulations relating to public share subscription.
A Private shareholding Company can be established in-between three or more UAE Nationals or GCC Nationals. The law also permits citizens of other countries to establish a private shareholding company with at least one UAE National. The shares of a private shareholding company cannot be transferred to the public. However, the business can be converted to a public company two years or more after its creation.Danburite Corporate can offer support for UAE nationals and nationals from other countries to set up private share holding company in Sharjah.