The Licensing Landscape for Contractors and Consultants in the UAE, Qatar and Saudi Arabia
Type
E-journal
Date
22 Jan 2015
Jurisdiction
Qatar, Saudi Arabia, United Arab Emirates
Taxonomy
General Commercial Law, General Construction Law
Copyright
LexisNexis
Relevant company
Clyde & Co
Analysis
In recent years the construction sector has seen a return to growth in the Middle East and this has led to renewed interest in the licensing regime in the region for contractors and consultants/engineers. As explained below these activities tend to attract higher levels of regulation - this can impact everything from the initial set-up process, ongoing operational matters as well as any joint venture or M&A transactions.
Country | Are there foreign (non-GCC) ownership restrictions? | Requirement for contractors classification regime/special approvals? | Set up/approval process |
UAE | Contracting: an onshore company (LLC) will often be used in which case foreign ownership will be limited to 49%. A branch may also be used in certain circumstances (in which case there is a requirement to appoint a UAE national service agent). Consultants/engineers: depending on the Emirate/ activities a civil company sole establishment, LLC or a branch may be used. |