How to buy an existing company
or shelf company in the UAE

SORP Group’s specialists know what sources to trust when you need the advantages of an existing company or a shelf company when starting a business, and the commercial tests to apply to avoid making costly mistakes.

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There are specific advantages under UAE law to starting a business using an existing company rather than incorporating from scratch. A company must be actively trading for at least two years to enable growth by taking advantage of opportunities that are not available to newly incorporated startups. Important factors such as obtaining bank loans, receiving all United Arab Emirates tax benefits, participating in major contracts and tenders from governmental agencies. Proof of solvency and profitable trading history is required. Buying the right existing company delivers those requirements at once. Shelf companies are ideal building blocks for forming structures.

Buying an existing company meets these important objectives:

Local (mainland registered) companies enjoy the maximum levels of support provided by the UAE government. They are effectively a special tool for doing business in the domestic UAE market and abroad. This approach to business structures and organization is unique to the UAE and its laws, and has no parallels in other countries.

Prestige and reputation
Confirms a company’s standing and reliability to clients, suppliers, trading partners and also financial institutions.
Trading history
Bestows credibility when dealing with lenders and suppliers who see a history of accounts receivable, check payments and transactions.
Tendering
Enables participation in tenders, both in local and international markets, and to act also as guarantor providing surety.
Creditworthiness
Apply for and obtain financial products such as loans and/or leasing from UAE banks and financial institutions
Residency status
Obtain a UAE tax domicile certificate, achieve protection from automatic exchange of tax information (CRS).
Asset consolidation
Benefit from having a full set of accounts and provide favorable auditor’s report for previous financial periods.

SORP Group offers companies for purchase that are verified legally and financially

Mainland Registered
Trading Company
LLC - Limited Liability Company
More than 2 y. old
Includes
Registered office, ESR compliance and provision of a local sponsor with 51% share ownership as required by law.
Marketing Management
Licensed Company
Sole Establishment (sole proprietorship)
More than 2 y. old
Includes
Registered office, provision of a local agent and nominee director (optional). 100% ownership for a new shareholder.
IT Services
Licensed Company
Sole Establishment (sole proprietorship)
More than 3 y. old
Includes
Registered office, provision of a local agent and nominee director (optional). 100% ownership for a new shareholder.
Event Management
Licensed Company
Sole Establishment
More than 2 y. old
Includes
Registered office, provision of a local agent and nominee director (optional). 100% ownership for a new shareholder.
General Trading
Licensed Company
LLC – Limited Liability Company
More than 1 y. old
Includes
Investment Activities
Licensed Company
LLC – Limited Liability Company
More than 1 y. old
Includes
Registered office, ESR compliance and provision of a local sponsor with 51% share ownership as required by law.
Free Zone Registered
Trading Company
FZE – Free Zone Establishment
More than 2 y. old
Includes
Flexi office, 100% ownership, provision of a nominee director and management decision center confirmation service (optional).
Free Zone Registered
Consulting Company
FZE – Free Zone Establishment
More than 2 y. old
Includes
Flexi office, 100% ownership, provision of a nominee director and management decision center confirmation service (optional).
Free Zone Registered
Logistics Company
FZE – Free Zone Establishment
More than 3 y. old
Includes
Flexi office, 100% ownership, provision of a nominee director and management decision center confirmation service (optional).
Structure for
International Business
and Transactions
Free Zone Company Registered by IBC with 100% ownership
More than 2 y. old
Includes
Two legal entities, registered address, provision of a nominee director (optional). 100% ownership.
Structure for
International Investment
Business
Free Zone Company Registered by IBC with 100% ownership
More than 1 y. old
Includes
Two legal entities, registered address, provision of a nominee director (optional). 100% ownership.
Offshore Company
(International Business
Company)
IBC – International Business Company
More than 2 y. old
Includes
Two legal entities, registered address, provision of a nominee director (optional). 100% ownership.
Investment and
Financing Company
(Beneficiary
Concealment Service)
Local Company Registered by Two UAE Legal Entities
More than 2 y. old
Includes
Nominee local shareholder and FZ company to be re-registered in client’s name
Petroleum Products
International Trade
(Beneficiary
Concealment Service)
Local Company Registered by Two UAE Legal Entities
More than 3 y. old
Includes
Nominee local shareholder and FZ company to be re-registered in client’s name
General Trade
Licensed Structure
(Beneficiary
Concealment Service)
Local Company Registered by Two UAE Legal Entities
More than 3 y. old
Includes
Nominee local shareholder and FZ company to be re-registered in client’s name

Stages of acquiring an existing company with SORP Group experts

Preliminary business analysis

We assess your planned business activities and identify the right type of company for you.

Assess a suitable existing company

We search for suitable companies, find the target, check its legal and financial documents and any outstanding debts.

Transfer ownership

We prepare all documents for the re-registration or change of name process, appoint a nominee.

Immigration procedures

We obtain permits from the UAE’s immigration departments as well as resident visas for owners and employees.

Open a bank account

We select a banking solution, form a package of documents at the bank’s request, including your company's business profile.

Prepare an auditor’s report

We prepare consolidated financial statements. If necessary, we will register a tax residency certificate for your company.

SORP Group prioritizes detailed verification of potential existing companies prior to a purchase decision. Our lawyers gather and collate all available shareholder details, check for any debt obligations and ensure that licenses are present and valid. Avoiding potential risks requires understanding the subtleties of local legislation. This is very important. SORP Group has been a recognized expert in business consulting in the UAE for over 15 years. Our experts select only proven and guaranteed solutions on your behalf.

SORP provides a full range of services for registration and business management

Complex of all services

SORP offers comprehensive support for acquired companies and their shareholders: from licensing, maintaining Bank accounts to obtaining the status of a tax resident of the country

Individual approach

Your requirements are unique. That is why we treat every business individually to tailor the right services to achieve your priorities.

15 years of successful work

We have helped thousands of clients acquire, build and develop businesses in the UAE

Banking support

Assistance in choosing a bank that is suitable for your purposes, support with bank accounts opening and passing KYC procedures (know your customer).

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