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From what sources may share capital of the company in Dubai and other Emirates of the UAE be formed?

The amount of share capital for registration of legal entities in the UAE, can vary from 0 to 150 thousand dirhams, and may be higher. In most cases, the entire amount of the share capital (if it is in general necessary) by the time of registration of the company shall be paid to the account of the company in one of the local banks and shall be kept at the account until completion of all formalities related to registration of companies in the UAE. Share capital is usually paid out of personal financial assets and funds of company’s founders.

Local legislation does not limit sources to establish share capital, furthermore it provides 100% repatriation of invested assets. In practice, in most cases the share capital is paid by bank transfer as its payment by putting into company other assets is connected with additional full set of steps (evaluation, registration of rights, etc.).

The money transfer as share capital can be done from virtually any source to the discretion of the company’s shareholders.

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